Search

241. Euro zone ministers look for economy quick fixes

Euro zone finance ministers are likely to converge on Tuesday on three quick options to support the economy in the wake of the coronavirus epidemic, officials have said, with some discussion also of longer-term ideas to aid a recovery....

242. Cyprus repays an IMF loan early, saving €13.4 million

The Republic of Cyprus fully repaid on Thursday an International Monetary Fund (IMF) loan, which had been granted to the country in the period 2013-2016....

243. Prince Charles and Camilla to visit Cyprus in March

The Prince of Wales and the Duchess of Cornwall will be flying over to Cyprus for their first joint official visit, to take place from March 18 until March 21, the British High Commission announced on Tuesday....

244. Fourth Italian dies from coronavirus in worst flare-up outside Asia

A fourth person infected with the coronavirus has died in Italy, officials said on Monday as the government struggled to contain an outbreak of the illness and financial markets slid on fears over the economic impact....

245. Cyprus' debt at €20.74 billion in end of 2019

246. New Life in Cyprus of Russian Businessman after unfair seizure of Promsvyazbank

In 2017 Dmitry Ananiev was at the peak of his success. He and his brother Alexei owned a bank, an IT firm and an office complex overlooking the Moscow River. ...

247. End of 2019 sees historic high in investment funds assets

Investment funds’ assets reached a historic high at the end of 2019, data released by the Cyprus Central Bank on Thursday showed....

248. Football duo free on bail until corruption trial

Two suspects in a high-profile football corruption case in Cyprus will face a criminal trial next month, while a judge has ordered for them to be released on bail pending trial...

249. Lagarde confident ECB will eventually buy Greek debt

The Greek economy continues to improve and chances are rising that the European Central Bank will eventually buy its debt under its asset purchase scheme, ECB President Christine Lagarde said on Thursday....

250. Cyprus pays off costly crisis loan early

The Cypriot finance minister says the government is repaying an IMF rescue loan faster and at a lower rate after a double bond issuance expected to secure most of the country’s borrowing needs for 2020...

251. EastMed bill squeezed through federal budget

US Senator Bob Menendez on Monday applauded a bipartisan deal on federal government spending that is comprised of 12 appropriations bills, including legislation shaping American strategy in the Eastern Mediterranean...

252. UN clears suspected landmines in Cyprus

UNFICYP announced on Monday the clearance of nine suspected hazardous areas each on both sides of the divided island, amounting to a total area of 210,882 square meters...

253. Underage girl accuses young man of rape

A 20-year-old male from Paphos is facing criminal trial next month following allegations that he raped an underage girl, while another young man is being accused of sexually abusing a girl in her early teens...

254. Tell-all interview with Christopher Pincher

Brexit would not change the relationship between the United Kingdom and Cyprus, according to British Minister Christopher Pincher, who gave a tell-all interview to Kathimerini Cyprus...

255. K.Treppides & Co Ltd: Time Value of Money

What if a close friend asks today to borrow 1,000EUR with the precondition to repay the exact same amount in five years? Would you take the deal or not?...

256. Moody's changes Cyprus outlook to positive

Rating agency Moody’s changed the outlook for the Cypriot economy to positive from stable, citing the reduction of the sovereign exposure to event risks stemming from the banking sector and the improving fiscal strength beating previous expectations...

257. Britain's Thomas Cook scrambles for £200 million to avert collapse

Britain’s Thomas Cook needs to find an extra 200 million pounds to satisfy its lenders or one of the world’s oldest holiday company risks collapse, potentially stranding thousands of holidaymakers across Europe. ...

258. Greece-Israel, beyond the elections

The divided Israeli society has once again failed to reach a clear decision. The results of Tuesday’s elections have cast the country back into a cycle of negotiations. Center-left Benny Gantz and conservative incumbent Benjamin Netanyahu are weighing their options, while former foreign minister Avigdor Lieberman is pursuing the role of potential kingmaker...

259. Cyprus to fully repay IMF loan in 2020

According to figures from the 2020 budget presented by Finance Minister Haris Georgiades to the Cabinet, Cyprus will repay the IMF loan early resulting in government debt reduction to 91.1% of GDP ...

260. Greek corporations rush to issue bonds amid record low yields

The easing of Greek state bond yields to record lows has opened the way to international markets for major Greek corporations too, as they can now take the opportunity to reduce their cost of borrowing. ...

261. Trump’s yuan move makes a China deal much harder

The decision to label China a currency manipulator boxes in Donald Trump and Xi Jinping. The U.S. Treasury Department made the move after Beijing allowed the yuan to slide below the key level of 7 to the dollar. It’s the first such designation for the People’s Republic since 1994. The sudden escalation will make it harder for both sides to reach a trade truce...

262. Officials spot loopholes in medical cannabis law

A number of provisions in the medical marijuana legislation were taken out prior to a vote, prompting officials to call for amendments to block doctors from prescribing cannabis without any limits...

263. Britain's LSE seals $27 billion Refinitiv deal to create data giant

London Stock Exchange has agreed to buy financial information business Refinitiv in a $27 billion deal, it said on Thursday, in a move to transform the British company into a market data and analytics giant. ...

264. Cyprus Tax Webcast, July 2019

265. Dombrovskis: The EU leads the world in the battle against climate change

This year, millions of young people across the world joined an international movement for climate change. They demanded action instead of mere talk, marching to fix the planet before it is too late. ...

266. Mitsotakis sworn in as PM amid east Med tensions

Conservative politician Kyriakos Mitsotakis was sworn in as Greece’s new prime minister on Monday after storming to victory on a pledge to create jobs and lure investment to the economically stricken nation...

267. When necessity becomes history

268. Cyprus’ borrowing cost continues downward trend

269. Cyprus 10-year bond now below 1%

270. Kurd wanted in Germany makes bail in Cyprus

A Kurdish man wanted by German authorities on terrorism-related charges has been released on bail in the Republic of Cyprus, after supporters scraped together enough cash on Friday...