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751. Hellenic mulls over selling delinquent loans

Hellenic Bank posted a €35 million net profit for the first half of 2018, with the bank’s CEO Ioannis Matsis stating that the bank is ready to launch a tender for the sale of a portfolio of non-performing exposures within the next six months...

752. World’s largest offshore wind farm opens off northwest England

753. 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...

754. 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...

755. Legal department terminates Agusta helicopter probe

The Legal Services department is closing the case of the controversial purchase of Agusta helicopters, saying investigators did not find evidence of wrongdoing...

756. Petrides announces 5 mln euros for development projects in 94 communities

Interior Minister Constantinos Petrides has announced that 5 mln euros have been allocated for this year to carry out 115 small development projects in 94 communities mostly in the mountain regions of the island....

757. Wanted: A respected person for assistance effort

After the cries of despair come the calls for help and the need for long-term support. The victims of the lethal inferno that devastated eastern Attica on July 23 don’t just need words of solidarity but deeds too....

758. Cyprus Tax Webcast July 2018

Watch the new Deloitte Tax Webcast for July 2018 presented by Mr. Pieris Markou, Deloitte Tax & Legal Services Leader...

759. The state we’re in

A great European leader – and a true friend of Greece – once said that Greeks were a great nation, but their state is a mess....

760. Larnaca resident behind global online scam

A global network of online scammers has been dismantled, with the brain of the operation arrested in Larnaca in connection with €18 million worth of damages caused by internet fraud...

761. President invites enraged teachers to Palace

President Nicos Anastasiades has extended an invitation to public education union leaders in order to have an open dialogue on school reorganisation...

762. Defence ministry dismisses kickback allegations

The defence ministry is dismissing allegations of money squandering, accusing a former state auditor of rehashing an old story in connection with kickbacks worth €5 million...

763. Teachers up in arms as minister rejects ultimatum

Unions of state educators are fuming as Education Minister Costas Hambiarouis rejected their ultimatum to start dialogue from scratch in public school reform...

764. Senators add more roadblocks to Turkey’s F35 deal

US senators are turning up the pressure over the F35 fighter jet sale to Turkey, with new restriction proposals that could possibly make the delivery of the stealth warplanes more difficult...

765. Conference on Funds & Cryptocurrencies, a success

A half day Conference with the subject of “Funds & Cryptocurrencies: The Development and the Technology” was successfully completed for a second consecutive year, on the 14th of June 2018 at the Four Seasons Hotel in Limassol...

766. 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...

767. Teachers call for air conditioners in state school classrooms

Public school teachers are calling on the government to move forward with the installation of air condition units in classrooms, with the government raising health concerns while looking into the possibility....

768. 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...

769. Government and Co-op begin consultations with bidders

770. Complaints against police remain a challenge

The special task force looking into complaints against the police is having a tough time investigating cases, primarily due to lack of funding but also possible conflicts of interest...

771. Treppides Group joins London Hedgeweek Funds panel in Malta

George P. Nicolaou, member of the Board of Management of Treppides Group and Head of Operations of Finanz Fund Services Ltd, a regulated Fund Administration Company under Malta Financial Services Authority, will be on the speakers panel at an event organised by Hedgeweek in London on the 23rd of May 2018...

772. Co-op receives two bids in good bank, bad bank scenarios

The Cooperative Central Bank (CCB) announced on Monday it has received two bids as part of its privatisation process launched in March, with one bidder going after the ‘good bank’ scenario just as the European Commission approved the acquisition of Altamira Cyprus by a joint platform with CCB and one of the bidders...

773. Akinci says East Med pipeline not a route for peace

Turkish Cypriot leader Mustafa Akinci says plans to push forward for the EastMed pipeline are counter to peace efforts in the region, adding that an energy solution which excludes Turkey would be a mistake...

774. Cyprus Residency and Citizenship-by-Investment Scheme Remains Appealing to Investors

With more than three decades of presence operating as a leading international advisory services firm, K. Treppides & Co Ltd offers insight into the latest residency and investment trends to impact Cyprus...

775. Greece's new startup culture: technology and seagrass sunglasses

Greek student Stavros Tsompanidis was walking on a beach when he saw a business idea in the piles of dried-up seagrass...

776. Oil tank demolition paves the way for a new Larnaca

The first oil tank demolition started Thursday on the old Larnaca-Dhekelia road, with President Nicos Anastasiades doing the honours by helping cut the first piece using a welding torch...

777. Indian guru Asaram guilty of raping 16-year-old

The case highlights the Indian heartland’s fascination with spiritual gurus, who wield immense influence for their ability to mobilise millions of adherents...

778. Cyprus is open for business and China’s buying

As US President Donald Trump builds barriers to Chinese trade, Cyprus is throwing open the gates...

779. One in five financial institutions consider cryptocurrency trading

Banks are examining client interest and several hedge funds have tried their hand trading virtual currencies...

780. Buying Greek property makes sense

Investor confidence in the real estate market’s prospects and the notion that prices have completed their downward cycle has prompted more property acquisitions...