Search

3541. Russia, Iran and Turkey have different visions for Syria but all three face US sanctions

3542. Requiem for an establishment

3543. More hotels to stay open during winter

Cyprus hoteliers say the occupancy rate has reached or exceeded 90%, with officials expecting good performance through the end of the year despite Russian numbers dwindling...

3544. Ronys Toungoulos achieves highest Mark in Module 2-ADIT

K. Treppides & Co Limited congratulates Manager Ronys Toungoulos for achieving the highest mark in Module 2-Advanced Diploma in International Taxation (ADIT). He is rewarded with the International Fiscal Association (IFA) prize which is highly recognized within the professional community worldwide....

3545. What’s on this week

If you can’t make it to Maastricht this Sunday, don’t panic. You can still go to Rialto Theatre in Limassol for an amazing live music experience. Also this week, learn Nicosia history, have fun at a fun concert, and get a tattoo for a good cause...

3546. Moody’s thumbs up to Bank of Cyprus bad loans sale

Moody’s credit rating agency says the recent sale of Non-Performing Loans by the Bank of Cyprus worth €2.8 billion is a positive step...

3547. Former trustee says Credit Unions were in chaos

Another former trustee of the defunct Cyprus Cooperative Bank speaks out, describing a world of chaos at the financial institution where lack of expertise, political pressure, and wrongdoing ruled the day ...

3548. Bank of Cyprus gets rid of small business bad loans

The Bank of Cyprus says it has sold a portfolio of non-performing loans worth €2.8 billion to Apollo Global Management, a transaction that will reduce its stock of NPLs to €5.2 billion...

3549. Come back, support Greece

We are caught between celebrations over Greece’s “clean exit” from the bailout programs on one hand and, on the other, allegations that the country has effectively signed up to what can be considered a “fourth memorandum” and is headed to economic disaster....

3550. Three men in custody over alleged attack in Limassol

Three men have been arrested in connection with an alleged attack against a 48-year-old man from Limassol, with police trying to identify a fourth individual who could be residing in the north...

3551. Over a thousand employees choose Co-Op buyout

Over a thousand employees at Cyprus Cooperative Bank signed up for a voluntary severance package, well above the target of 900 set by the bank ahead of a takeover by Hellenic Bank...

3552. Remains of seven people identified in Athalassa

The Republic of Cyprus has identified seven bodies that were buried in 1974 and recently unearthed during excavations of human remains at Nicosia’s Athalassa hospital...

3553. Larnaca kindergarten goes up in flames

A kindergarten in Larnaca went up in flames early Monday morning, with police pointing to a financial dispute as the reason behind the arson attack...

3554. Hellenic forms ad hoc integration committee

Hellenic Bank says it has put together an ad hoc committee to oversee and facilitate the integration of recently-bought parts of Cyprus Cooperative Bank into the publicly traded Cypriot company...

3555. UK ship insurer setting up Cyprus office over Brexit

British ship insurer London P&I Club is setting up a new subsidiary in Cyprus to ensure continued access to trade in the European Union in case Britain loses single market access...

3556. Investing in knowledge

A growth rate of 1.9 percent is way too small for a country like Greece, especially as the rest of Europe’s performance is so much more robust. This is, after all, a country that shed 25 percent of its gross domestic product (GDP) in the course of a decade. What we should be seeing, therefore, is the effect of a tightly wound spring, whereby a virtuous cycle of growth begins and only gets faster with time. Instead, we’re hobbling along at 1.9 percent, the slowest rate an economy can achieve after hitting rock bottom....

3557. Cyprus sounding neighbours out over Israeli pier

Israel has asked Cyprus to examine the possibility of establishing a shipping point on the island for sending goods to the Gaza Strip, a Cypriot government spokesman said this week...

3558. Rouvikonas claims attempted attack on ANEL MP’s office

The Rouvikonas anti-establishment group on Wednesday claimed responsibility for an attempted attack on the office of an MP with Independent Greeks, the right-wing party in Greece’s left led-coalition....

3559. Holiday Inn Nicosia under new ownership

Holiday Inn Nicosia is coming under new ownership, after Greek company NBG Pangaea shelled out two thirds of the total price of €11.2 million...

3560. Former judge points fingers at the establishment

Former ECHR judge Loukis Loucaides says police abuse and corruption are part of a systemic problem in Cyprus that cannot change until those at the top who hold political office stand up and follow the letter of the law...

3561. Take-away lessons from 'Cyprus in the digital agenda'

Cyprus is turning the page in the digital age era but there are still many steps in the path forward. This appears to be the general conclusion from Thursday’s conference on "Cyprus in the Digital Agenda" organised by Kathimerini newspaper and the SPP MEDIA Group...

3562. ESM warns Cypriot banks of quick fixes

The European Stability Mechanism warns Cyprus that despite a recent decline in non-performing loans (NPL), the banking sector remains vulnerable due to weak profitability and a still high NPL ratio...

3563. #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...

3564. 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...

3565. UN sending envoy to Cyprus for consultations

UN Secretary General Antonio Guterres is sending a special envoy to Cyprus in the coming weeks, hoping to get crystal clear views from both sides in order to assess whether or not a new push for peace is possible...

3566. Supermarket closed down on Turkish Cypriot property violation

There was tension in Peristerona Friday morning, when owners of a supermarket and local residents took to the streets to protest government closing their business due to Turkish Cypriot property violations...

3567. Turkey: Even birds need our consent to fly in the Aegean

With Greece featuring prominently in Turkey’s election campaigning, Turkish Foreign Minister Mevlut Cavusoglu raised the tension a notch again Thursday, warning that not even a bird will fly over the Aegean without Ankara’s permission....

3568. Funds & Cryptocurrencies: The Development and the Technology

For the second consecutive year, the Cyprus Chamber of Commerce and Industry, Cyprus-Russian Business Association and K. Treppides & Co Ltd are organizing a half day conference on the 14th of June 2018 at Four Seasons Hotel in Limassol, in an attempt to inform the investors and the Global Market about the Cyprus Fund’s market and the relationship that the Funds in Cyprus can have with the technology...

3569. Parents of Ayia Napa murdered victim blame Cyprus

The parents of George Low, the 22-year-old Briton who was stabbed to death in Ayia Napa two years ago, say the killers of their son walk free because north and south in divided Cyprus don’t cooperate...

3570. Anarchist group attempts to barge into ministry in support of N17 hitman

About 20 members of anarchist group Rouvikonas attempted to barge into the Citizens Protection Ministry on Monday morning but were prevented by the ministry’s guards....