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3121. IMF: The Cypriot economy continues its rapid recovery from the 2012–13 financial crisis

3122. Bank share plunge fuels fears about Greece's vulnerability

3123. Banks have their recovery work cut out

The bank stock slump has gone on for too long and valuations are now exceptionally low, say senior credit sector officials in Athens. However, analysts questioned on the issue by Kathimerini say the problems that Greek lenders are facing will not be overcome quickly, justifying the pounding the sector has sustained on the Athens stock exchange....

3124.  Anastasiades at Diaspora dinner: No guarantees needed

3125. Greek finance ministry lifts capital controls on cash withdrawals

Greece’s Finance Ministry announced on Thursday it is lifting all capital controls on cash withdrawals and the movement of capital within the country....

3126. Fitch Ratings upgrades Bank of Cyprus

3127. Greek Cypriots spill into the north for bargains

More Greek Cypriots are crossing into the northern part of Cyprus in search of great bargains due to the weak Turkish lira, with estimates close to a million visits in the first eight months...

3128. Anastasiades: Investment fund registrations up 18%

3129. Bank of Cyprus CEO makes the case for Cyprus recovery

3130. Greek banks to chase borrowers who refused to open their accounts

Banks have firmly focused their attention on debtors who have resorted to the provisions of the so-called Katseli law – named after former economy minister Louka Katseli – for protection now that their bank account secrecy has been lifted....

3131. North Korea's Kim agrees to permanently abolish key missile facilities

3132. More Turkish Cypriots seek higher wages in the south

Reports in the northern part of the island show the devaluation of the Turkish lira and higher wages in the south are driving more Turkish Cypriots to seek employment in the Republic of Cyprus...

3133. Cyprus issues sovereign bond, draws €1.5 billion at 2.4%

3134. Finance Minister tweets Winston Churchill

3135. Deloitte: 2nd Cyprus Open Data Hackathon

3136. Cyprus eyes 10-year low yield bond after S&P lifts sovereign to investment grade

3137. Investors in Cyprus can reap benefits

Participants at the third Cyprus International Investors Summit in Limassol got to see a list of competitive advantages that make Cyprus stand out in starting a business on the island...

3138. EU Commissioner for Competition Margrethe Vestager visits Cyprus

3139. AG disagrees with former banker’s acquittal

Attorney General Costas Clerides disapproves of the acquittal of former banker Andreas Eliades, saying cases involving the collapse of the credit and financial system are “difficult and complicated...

3140. INTERVIEW WITH THE FRENCH MINISTER OF FOREIGN AFFAIRS

3141. Latest inflation figures point up

Inflation is on the rise in Cyprus amid hikes in fuel prices with the annual rate reaching 2.5% last month, almost one percentage point compared to last year until August...

3142. Seven thousand fewer jobless in one year

The number of registered unemployed in Cyprus decreased in August 2018 by 7,137 people or 23%, compared to August last year...

3143. Cyprus makes the case for regional headquartering

Cyprus has emerged as a serious contender in the world of international investment, putting a conference in Limassol next week in a unique position to promote the island as a regional headquartering centre...

3144. 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 ...

3145. Turkish Cypriots to touch base with Ankara

Turkish Cypriot officials are reportedly getting ready for a trip to Ankara where they will discuss the Turkish economic crisis and its impact on the northern part of the island...

3146. Light reshuffle seeks balance

Prime Minister Alexis Tsipras gave his cabinet a light reshuffle on Tuesday, promoting certain close associates and bringing in some new faces while keeping key ministry posts untouched....

3147. Ozersay accuses south of putting the clamps on north

A Turkish Cypriot top official has accused the Foreign Ministry of the Republic of Cyprus of unfairly targeting the shipping industry and universities in the north at a time when there are calls for better relations between the two communities...

3148. Bank of Cyprus CEO stays put through 2020

Bank of Cyprus CEO John Patrick Hourican will stay in his current position through the end of 2020, following a decision by the executive board at the largest lending institution in Cyprus...

3149. Additional revenues of 4.7 billion euros needed to reach targets

The Greek government will have to collect additional tax revenues of 4.7 billion euros in the first post-bailout period of enhanced supervision (2018-2022) by its creditors, in order to achieve the agreed primary surpluses and record surpluses....

3150. 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....