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1. Hellenic Bank sells its most expensive home

Hellenic Bank has sold its most expensive home according to a special report, with foreign investors shelling out 3 million for a mansion in Lakatamia...

2. Cyprus enjoys strong growth prospects but contingent liabilities remain

Strong growth prospects and sustained fiscal discipline places Cyprus on a firm declining path but contingent liabilities, healthcare and public sector wage-related costs, as well as weaker external conditions, pose risks to the fiscal outlook, Scope rating agency said in commentary on Cyprus....

3. Woman gets seven years in white collar crime

A former employee at a credit union in eastern Nicosia has been sentenced to seven years in prison for financial crimes worth over half a million...

4. In Paris visit, Greek, French ministers agree to boost investments

Finance Minister Christos Staikouras, Development and Investments Minister Adonis Georgiadis and French Minister of Economy and Finance Bruno Le Maire, signed a declaration of intent on the Greek-French economic partnership in Paris on Wednesday, aimed at boosting investments....

5. Attorney general weighs in on spy van

The attorney general of the Republic of Cyprus has appointed a special investigator in the “spy van” case, while the Israeli company that sells controversial surveillance vehicles is calling on authorities to investigate what it calls a “false accusations” campaign...

6. «Growth momentum moderates» in Cyprus according to Εuropean Commission Autumn Economic Forecast

"Growth momentum moderates" in Cyprus, according to the headline assessment of the European Commission`s Autumn Economic Forecast for the country, presented today by Commissioner Moscovici in Brussels....

7. Hellenic Bank posts profit of €59.1 million in first half of 2019

The Hellenic Bank has announced that it has posted a profit of €59.1 million after tax in the first half of this year with CEO Yiannis Matsis noting that the results reflect part from the benefits from the acquisition of the operations of former Cyprus Cooperative Bank. ...

8. 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...

9. Moody’s expects deleveraging to resume but warns over small economy and high level of debt

The credit profile of Cyprus reflects its small but wealthy economy, improved economic resilience and the government`s fiscal outperformance in the wake of the country`s banking crisis, Moody's Investors Service has said in an annual report. ...

10. Non-performing loans decline to €10.14 billion

Non-performing loans as defined by the European Banking Authority declined to €10.14 billion in March 2019, marking a reduction of €151 million compared to previous month. ...

11. Foreclosures: Parliament rejects President's referral

The House of Representatives today rejected a presidential referral regarding a number of foreclosure legislation amendments. ...

12. The extent of betrayal

Forty-five whole years later and the image of dead bodies stacked onto a semi-trailer dump cart with watermelons has stuck with me, tormenting me every single time that the hot Cypriot sun splits July in two...

13. Belt and Road Initiative different from make oneself great again slogans says Chinese Ambassador

14. IMF: Cyprus economic recovery gradually decelerating but remains strong

15. Cyprus Tax Webcast May 2019

16. Cyprus 'one of the success stories of ESM'

17. The yellow lake

In the last decade of the nineteenth century in America, two influential newspapers - New York World and New York Journal – went all out in a fierce competition that adopted sensationalized news reporting, prompting New York Press affiliates to coin the term yellow journalism...

18. Agia Fyla co-op scandal ends with acquittals

Four defendants in the Agia Fyla credit union scandal have been acquitted on all charges, with criminal judges citing failure on the part of the police to prosecute the case...

19. Two worlds on a collision course

When Nicos Anastasiades was campaigning in 2013 for the presidency in the Republic of Cyprus under the banner “leadership in times of crisis” many people bought into the idea that the leader on the right would recognize the gravity of the situation and had a plan ready to get the country out of a tight spot...

20. Kalogerides gets nine years for armed robbery

A man who was convicted in a credit union bank robbery in Limassol has been sentenced to nine years...

21. President Anastasiades: Political cost preferable to letting go of Finance Minister

22. Fitch Upgrades Hellenic Bank

23. Pass the buck

This was a narrative that they managed to pull through for an entire five-year term in office. Because each time people were losing their calm or reacting towards new measures, the response was 'the Anastasiades government is bringing order to the chaos that it had inherited'...

24. How to shield a dead body

According to our 'wise' president, we now have to reflect and ask ourselves about something that has always been at the core of a corrupt system where all government administrations got their hands dirty...

25. The highest price to pay

I apologize for writing in first person but when something so self-evident ends up being ignored even by our very own institutions, then allow me to hark back to the three flaws that keep this place miserable...

26. Haris Georgiades: We kept the Cooperative Bank alive to protect people's deposits

27. Finance Minister to stay on until the end of the year

28. You can call it political karma

With the re-election of Nicos Anastasiades, many were puzzled with Harris Georgiades’ decision to insist that he not be reappointed finance minister. Having a clear path ahead of him and a brewing storm miles away, shouldn’t he be entitled to leaving while things were still good?...

29. Probe on a probe finding

It was to be expected that the president of the Republic would stand by the finance minister, emphasizing that he still has faith in him, following the finding of the co-op investigative committee...

30. Finance Minister speaks to Euronews on Cooperative sale