https://knews.kathimerini.com.cy/en/news/browder-case-in-cyprus-pushed-back-another-week
The Bill Browder case had been pushed back for another week due to a scheduling conflict with his defence attorney, with a Nicosia judge setting a new hearing date for July 18...
https://knews.kathimerini.com.cy/en/news/greece-decides-to-expel-russian-diplomats
The Greek government has decided to expel two Russian diplomats, and ban the entry into Greece of two more, accusing them of intrusion into domestic affairs and illegal acts against Greece’s national security, Kathimerini has learned....
https://knews.kathimerini.com.cy/en/news/erdogan-points-fingers-at-greek-cypriots
Turkish President Tayyip Erdogan visited the northern part of Cyprus Tuesday, saying his country will not abandon Turkish Cypriots and criticising Greek Cypriots for what he described as lack of vision for peace on the island...
https://knews.kathimerini.com.cy/en/business/bank-of-cyprus-sells-uk-subsidiary
The Bank of Cyprus Financial Services is being sold to Cynergy Capital, as the BoC walks away from the UK to put more focus on performance in a rebounding Cypriot economy...
https://knews.kathimerini.com.cy/en/news/president-thanks-parliamentary-caucus-for-sunday-votes
President Nicos Anastasiades praised the ruling and opposition parties for approving state guarantees for Hellenic Bank as well as passing new foreclosure and bankruptcy laws, adding he would not respond to criticism...
https://knews.kathimerini.com.cy/en/news/house-approves-state-guarantees-in-co-op-deal
The House passed legislation Sunday night in favour of providing state guarantees to Hellenic Bank in its acquisition of Cyprus Cooperative Bank’s healthy portfolio...
https://knews.kathimerini.com.cy/en/news/house-shifts-into-gear-with-sunday-bad-loans-session
It will be a long weekend for the House finance committee, which will hold emergency sessions ahead of a crucial Sunday vote on bad loans and state guarantees for Hellenic Bank...
https://knews.kathimerini.com.cy/en/news/co-op-investigators-can-look-as-far-back-as-they-want
The newly-assigned co-op investigators, handpicked by the attorney general to look into the recent troubled past of the Cyprus Cooperative Bank, will have no time limits in what events they choose to examine...
https://knews.kathimerini.com.cy/en/news/leaders-of-greece-bulgaria-romania-serbia-meeting-in-thessaloniki
The leaders of Greece, Bulgaria, Romania and Serbia gather in Thessaloniki, northern Greece, on Wednesday for the fourth Quadrilateral Summit....
https://knews.kathimerini.com.cy/en/news/energy-talks-with-total-still-ongoing
French energy giant TOTAL’s plans in Cyprus’ exclusive economic zone (EEZ) were the topic of discussion in a Paris meeting on Saturday between between President Nicos Anastasiades and CEO Patrick Pouyanne...
https://knews.kathimerini.com.cy/en/news/cabinet-okays-homeowner-plan-ahead-of-crucial-house-session
The Cabinet approved on Tuesday the “Estia” scheme aimed at addressing the high volume of non-performing loans in the Cypriot banking sector, but time is running out as a crucial legislation package on bad loans is also up for a vote on Friday...
https://knews.kathimerini.com.cy/en/news/house-prepares-to-define-good-and-bad-borrowers
The distinction between responsible and irresponsible borrowers is at the forefront of heated debate this week, with Presidential Palace and Parliament scrambling to strike balance ahead of a crucial vote...
https://knews.kathimerini.com.cy/en/news/government-welcomes-diko-support-on-bad-loans
The Cyprus government says it can work with opposition centrist party Diko to pass much needed comprehensive legislation on bad loans that would also pave the way for a co-op deal to go forward...
https://knews.kathimerini.com.cy/en/news/bad-loans-revive-mp-financial-disclosure-debate
A ruthless debate is picking up steam among members of parliament following public discussion and media coverage that raises the issue of conflict of interest ahead of a crucial vote on bad loans...
https://knews.kathimerini.com.cy/en/news/ag-names-investigators-to-comb-though-entire-co-op
A former judge, an economist, and a banker will make up the executive committee that will investigate any suspicious dealings that took place in the troubled Cypriot co-op...
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/tsipras-erdogan-discuss-meeting-on-sidelines-of-nato-summit
Officials in Athens and Ankara are busy trying to lay the groundwork for a meeting, even a brief one, between Prime Minister Alexis Tsipras and Turkish President Recep Tayyip Erdogan on the sidelines of the NATO Summit on July 10....
https://knews.kathimerini.com.cy/en/news/deal-of-the-century-could-include-israeli-jetty-in-cyprus
Israel wants to build a jetty in Cyprus where it can inspect humanitarian aid to Gaza, with sources pointing to serious interest on the part of the Israelis but no deal as of yet...
https://knews.kathimerini.com.cy/en/business/cyprus-co-op-bank-freezes-accounts-with-bad-loans
The Cyprus Cooperative Bank on Friday froze accounts of customers who keep their loans delinquent on purpose, as the bank makes an effort to force them to seek refinance terms...
https://knews.kathimerini.com.cy/en/news/uk-minister-visits-cyprus-to-touch-base
British Minister of State for the Armed Forces Mark Lancaster is on a two day visit on the island to help strengthen defence cooperation between his country and the Republic of Cyprus...
https://knews.kathimerini.com.cy/en/news/athens-bus-employees-walk-off-job-on-thursday
Employees at the Athens Urban Transport Organization (OASA) will hold a work stoppage on Thursday to protest the planned closure of the bus depot at the former airport at Elliniko, in southern Athens, and further cutbacks....
https://knews.kathimerini.com.cy/en/news/probe-countdown-begins-for-cyprus-co-op-debacle
Attorney General Costas Clerides is moving forward with the launching of an investigation into possible offences at the Cyprus Cooperative Bank, in connection with bad loans worth €7.5 billion...
https://knews.kathimerini.com.cy/en/business/paphos-airport-wins-accessibility-award
Paphos International Airport has won an award for being the most accessible airport in Europe during this week’s Airports Council International conference in Brussels...
https://knews.kathimerini.com.cy/en/news/total-sets-anchor-in-other-blocks-of-the-eez
President Nicos Anastasiades met with TOTAL's Middle East exploration chief on Tuesday, focusing on the prospects of expanding Nicosia's cooperation with the French energy giant...
https://knews.kathimerini.com.cy/en/news/co-op-bankers-plead-not-guilty-in-unsecured-loans-scandal
Senior co-op executives pleaded not guilty to fraud charges in connection with a banking scandal where loans worth millions were given out without due process...
https://knews.kathimerini.com.cy/en/comment/politicsblog-end-of-an-era-and-harris-bitter-chalice
Journalists often abuse the term 'end of an era' but in the case of the Cyprus Cooperative Bank, these words totally fit the bill...
https://knews.kathimerini.com.cy/en/news/government-throws-co-op-ball-in-hellenic-s-court
The Cyprus Cooperative Bank will examine Monday a final offer from Hellenic Bank to acquire the troubled state-owned institution, with government seeing the buyout as a good step while critics saying tax payers are unfairly picking up the tab...
https://knews.kathimerini.com.cy/en/news/committee-on-cyprus-missing-has-more-work-to-do
The Committee on Missing Persons says they need to start opening graves to obtain DNA, just days after media reports said CMP was slowing down, but the task ahead is difficult and in need of cash...
https://knews.kathimerini.com.cy/en/business/hellenic-moments-away-from-ccb-offer
The privatisation deal for Cyprus Cooperative Bank could be moments away, with Hellenic Bank putting the finishing touches on the final makeup of its new shareholder base...
https://knews.kathimerini.com.cy/en/news/state-doctors-up-in-arms-over-medical-school
State doctors are once again speaking out against government efforts that would create proper medical schools in state public hospitals, with union representatives warning to take action...