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181. Another West Nile death in the north

A 37-year-old woman has died following an infection by the West Nile Virus in the north, with reports saying the patient lost her life due to the neuroinvasive disease of the virus but also other health complications...

182. 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...

183. Brexit no-deal preparedness: Final Commission call to all EU citizens and businesses

With 8 weeks to go until the United Kingdom's withdrawal from the European Union on 31 October 2019, the Commission has today – in its 6th Brexit preparedness Communication – reiterated its call on all stakeholders in the EU27 to prepare for a ‘no-deal' scenario. In light of the continued uncertainty in the United Kingdom regarding the ratification of the Withdrawal Agreement – as agreed with the UK government in November 2018 – and the overall domestic political situation, a ‘no-deal' scenario on 1 November 2019, remains a possible, although undesirable, outcome...

184. West Nile death confirmed in the south

The death of a senior citizen who was infected with the West Nile virus has been confirmed by authorities in south Nicosia, while a number of cases are being monitored on both sides of the divided island...

185. 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. ...

186. West Nile Virus cases going up

Health officials in the Republic of Cyprus say there have been four confirmed cases of the West Nile Virus in the greater Nicosia area...

187. Lifeline as Parliament accepts President's referral

The House of Representatives has heeded warnings voting to accept the President's referral of legislation that would have made it difficult for banks to recover mortgaged non-performing exposures...

188. Finance Committee seeks compromise on foreclosures

The House of Representatives Finance Committee meets on Friday to discuss proposals that would normalize the legislative framework on foreclosures...

189. North and south touch base on West Nile virus

Members on the Bicommunal Technical Committee on Health met Wednesday to discuss the West Nile virus, following one death in the north and a number of cases throughout the island...

190. S&P affirms Bank Of Cyprus ratings

Standard & Poor’s affirmed on Tuesday their `B+/B` long- and short-term issuer credit ratings on Bank of Cyprus Public Co. Ltd. (BoC), noting that the outlook is stable...

191. Three West Nile virus cases in the north

Turkish Cypriot media say authorities in the north have detected three cases of the West Nile virus, while officials in the south are still waiting for tests on one possible case...

192. Moody's warns foreclosure laws increase risk for banks

Cyprus’ new foreclosure framework hampers banks efforts to reduce NPLs said credit rating agency Moody's in an announcement on Thursday....

193. EY: Renewable energy is taking strides towards a subsidy-free era

The renewable energy sector is entering a new phase of subsidy-free growth across the world, according to the 53rd EY Renewable Energy Country Attractiveness Index (RECAI). Mainland China and the US remain at first and second positions respectively on the top 40 ranking, while France moves up two positions to third from fifth, led by a new focus on floating offshore wind capacity and doubling of its annual targets for onshore wind capacity additions...

194. Nuvei to buy in cash Cyprus based fintech firm SafeCharge for $889 million

195. Bank of Cyprus posts profit amid CEO departure

196. MAPFinTech and oneZero announce partnership

MAP Fin Tech and one Zero announce partnership to collaborate in research and development for integration of their systems...

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

198. Cooperative Anathema: Dissolution or sale

199. Lead poisoning suspected in flamingo death

A Larnaca city councilor says the death of a flamingo last month in his town was not natural but caused by lead poisoning...

200. Project Helix, Differed tax, prop up Bank of Cyprus results

201. USS McFaul pulls into Limassol harbour

US Navy destroyer USS McFaul has pulled into Limassol harbour while on a regularly-scheduled deployment to conduct maritime security operations in the region...

202. Bank of Cyprus sells NPEs amounting to €34 million to APS Delta

203. Moody's upgrades Bank of Cyprus and Hellenic Bank

204. Hellenic Bank’s Economic Review

205. Fitch Ratings upgrades Cyprus to investment grade

206. Bad loans in Cyprus decline by €3.28 billion since March 2018

207. 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....

208. Mandatory disclosure rules: the calm before the storm

It is a well-known fact that a storm is always preceded by a strange calm. This could be the perfect description of what is about to come, as a result of the latest changes adopted on May 25th of this year by the Council of the European Union...

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

210. Cyprus back into investment grade

Cyprus got its investment worthiness stripes back on Friday as Standard & Poor’s raised the country’s credit grade from BB+ to BBB- with a stable outlook, five years following a devastating financial collapse...