https://knews.kathimerini.com.cy/en/news/co-op-deal-with-hellenic-still-up-in-the-air
The government is running against the clock with bad loans legislation, which would include a bill approving state guarantees for Hellenic Bank to absorb potentially high-risk loans in co-op takeover...
https://knews.kathimerini.com.cy/en/news/son-faces-manslaughter-in-mother-s-death
A man who savagely attacked his mother earlier this year is facing manslaughter charges, following her death on Sunday after being on life support for several months...
https://knews.kathimerini.com.cy/en/business/cyprus-to-crackdown-on-shell-companies
The Central Bank of Cyprus has just made it harder for brokers to set up front companies on the island, following pressure from US officials who say more needs to be done to combat money laundering...
https://knews.kathimerini.com.cy/en/news/latvian-suspect-denies-part-in-leonides-murder
A 36-year-old Latvian national pleaded not guilty to charges in connection with the murder of 47-year-old Ernest Leonides, who was clipped back in February at a Limassol restaurant...
https://knews.kathimerini.com.cy/en/news/new-charges-connect-dots-in-russia-collusion-probe
Recent witness tampering allegations against Paul Manafort, the former Trump campaign manager accused of money laundering in Cyprus among others, are linked to new charges against a political operative with alleged ties to Russian spies...
https://knews.kathimerini.com.cy/en/news/paphos-mayor-issues-warning-to-police
Paphos Mayor Phedonas Phedonos has levelled new accusations against Cyprus police, pointing to a prison inmate abuse with hot water that was not reported as well as saying he has evidence that cops knew about secret drone operations while dismissing his allegations on the matter...
https://knews.kathimerini.com.cy/en/news/cyprus-found-guilty-of-abusing-man-in-custody
The Republic of Cyprus will have to pay €25,000 to a Canadian citizen, following a decision by the European Court of Human Rights that found he was abused while in police custody and authorities did not carry out an effective investigation into his complaint...
https://knews.kathimerini.com.cy/en/business/passport-scheme-could-bring-‘dutch-disease-in-cyprus
The Fiscal Council is warning that the passports-for-cash scheme could mean that some sectors of the economy could suffer while others grow, a phenomenon known as the Dutch disease...
https://knews.kathimerini.com.cy/en/news/man-kills-passerby-and-two-police-officers-in-belgium
A gunman killed two police officers and a passer-by on Tuesday before being shot dead in the center of the Belgian city of Liege, public broadcaster RTBF said on its website and authorities said terrorism could not be ruled out as a motive...
https://knews.kathimerini.com.cy/en/news/us-officials-gives-list-to-cyprus-central-bank
Officials from the US Department of Treasury have asked authorities in Cyprus to scrutinize a number of personal accounts, following a recent visit to the island...
https://knews.kathimerini.com.cy/en/news/turkish-aircraft-violate-greek-airspace-28-times
Greek and Turkish fighter jets engaged in a dogfight on Wednesday after Turkish aircraft violated Greek airspace 28 times in sections of the northeastern, central and southeastern Aegean....
https://knews.kathimerini.com.cy/en/news/mueller-probes-psy-group-s-money-flow-into-cyprus
US Special Counsel Robert Mueller is turning his attention to Cyprus and bank records of an Israeli-based firm that worked together with Cambridge Analytica to boost election chances for President Donald Trump...
https://knews.kathimerini.com.cy/en/business/cbd-bank-fined- €715-000-for-non-compliance-of-anti-laundering-rules
The Central Bank of Cyprus announced Tuesday that it has imposed a fine amounting to €715,000 on the Cyprus Development Bank Ltd due to non-compliance with anti-laundering laws and directives...
https://knews.kathimerini.com.cy/en/news/greek-village-‘lost-for-words-over-news-of-texan-shooter
The family of the Texan teen gunman were “quiet, peaceable people” who never raised eyebrows in the Greek village where his father spent his youth...
https://knews.kathimerini.com.cy/en/news/netanyahu-s-son-deletes-instagram-after-‘f-turkey-post
Israeli Prime Minister Benjamin Netanyahu’s son crudely weighed in on a diplomatic row between Israel and Ankara — posting “F–k Turkey” on his Instagram account, according to reports...
https://knews.kathimerini.com.cy/en/news/health-minister-calls-on-doctors-to-stand-with-him
Health Minister Constantinos Ioannou held a press conference to address criticism over his actions and ask state doctors to pay no attention to those who oppose reform in the industry...
https://knews.kathimerini.com.cy/en/news/another-move-forward-in-building-athens-first-mosque
Another step has been taken toward the opening of Athens’ first mosque after the Education Ministry launched an online public debate on the rules governing its operation...
https://knews.kathimerini.com.cy/en/news/protesters-in-march-for-gaza-pelt-stones-at-israeli-embassy
A march by leftist groups and Palestinians in central Athens on Tuesday to express solidarity with Palestine following the deaths of protesters by Israeli soldiers in the Gaza Strip turned violent, as demonstrators pelted stones at riot police vans guarding the Israeli embassy and the embassy building itself....
https://knews.kathimerini.com.cy/en/business/cyprus-gdp-grows-by-0-8-in-the-first-three-months
Bailed out eurozone member Cyprus notched up its 13th consecutive quarter in positive growth with GDP rising 0.8 percent in the first quarter, an official estimate showed...
https://knews.kathimerini.com.cy/en/business/non-performing-loans-spike-by-€1-5-billion
Non-performing exposures (NPEs) in the Cyprus banking system jumped up by €1.5 billion in January, as International Financial Reporting Standard 9 entered in to force...
https://knews.kathimerini.com.cy/en/business/co-op-receives-two-bids-in-good-bank-bad-bank-scenarios
The Cooperative Central Bank (CCB) announced on Monday it has received two bids as part of its privatisation process launched in March, with one bidder going after the ‘good bank’ scenario just as the European Commission approved the acquisition of Altamira Cyprus by a joint platform with CCB and one of the bidders...
https://knews.kathimerini.com.cy/en/news/trump-seeks-very-meaningful-summit-in-with-n-korea
US President Donald Trump has high hopes of “doing something very meaningful” to curtail North Korea’s nuclear ambitions at a summit in Singapore next month, after Pyongyang smoothed the way for talks by freeing three American prisoner...
https://knews.kathimerini.com.cy/en/business/bank-of-england-keeps-powder-dry-on-rate-rise
The Bank of England held interest rates and said weak growth during a snowy start to 2018 was likely to be only temporary, but it wanted to see a pick-up in the economy in the next few months before raising borrowing costs...
https://knews.kathimerini.com.cy/en/business/first-shipping-minister-sets-ambitious-targets-for-cyprus
The country’s location and tax system have made it a shipping magnet -- drawing maritime companies from Norway, Greece, Dubai and South Korea -- and prompting the creation of a ministry for the industry...
https://knews.kathimerini.com.cy/en/news/us-treasury-assistant-secretary-encouraged-by-meetings-in-cyprus
The United States have been encouraged by the commitments made by Cypriot officials in the framework of meetings US Department of the Treasury Assistant Secretary for Terrorist Financing Marshall Billingslea held on Friday and will continue to work with Cyprus to combat corruption, money laundering, and other financial threats....
https://knews.kathimerini.com.cy/en/business/greece-s-new-startup-culture-technology-and-seagrass-sunglasses
Greek student Stavros Tsompanidis was walking on a beach when he saw a business idea in the piles of dried-up seagrass...
https://knews.kathimerini.com.cy/en/news/cyprus-police-must-show-zero-tolerance-to-abuse-of-detainees
Europe's top human rights body says Cyprus police must effectively address incidents of physical abuse against detainees amid "credible allegations"...
https://knews.kathimerini.com.cy/en/business/hellenic-bank-in-a-time-crunch-to-bid-on-ccb
The deadline in the privatisation process for the Cyprus Cooperative Bank (CCB) has been postponed until mid-May, setting in motion the executive board at the Hellenic Bank to intensify discussions on making a bid. ...
https://knews.kathimerini.com.cy/en/news/cyprus-police-defend-actions-in-double-murder-case
Another foreign expert could be joining the investigative team in the Strovolos double murder, with police facing many unanswered questions and pushing back on criticism for the way they are handling the case....
https://knews.kathimerini.com.cy/en/news/french-frigates-could-be-built-in-greece
Tsipras and Macron discussed the possible use of profits on Greek bonds held by the cental banks of other European countries, such as France, for the construction of frigates...
