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1111. Alpha Bank Cyprus unloads NPLs worth €400 million

1112. Video shows devastation after hurricane Michael

1113. Solution from abroad for J&P Overseas

1114. Cyprus lays down wild card in Browder case

Cyprus says state authorities won’t hand over information on Bill Browder’s companies to Russia, despite a court ruling giving the green light amid international pressure...

1115. Michael strengthens into extremely dangerous Category 4 hurricane

1116. One devolved federation or two states?

1117. IMF: The Cypriot economy continues its rapid recovery from the 2012–13 financial crisis

1118. Astrobank in talks to buy National Bank of Greece Cyprus unit

1119. 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....

1120. AXIA Ventures Group receives Global Finance 2018 award

1121. Nicosia Mall shoots for November opening

A recent post by Nicosia Mall chairman Marios Kalochoritis, talking about 455 people working on site, shows the current progress in completing the shopping center in the western part of the capital that continues nonstop in order to be ready for the Christmas holidays and even welcome its first customers in November...

1122. Cyprus bond achieves best borrowing rate in Euro era

1123. Cyprus eyes 10-year low yield bond after S&P lifts sovereign to investment grade

1124. EU Commissioner for Competition Margrethe Vestager visits Cyprus

1125. SPP MEDIA signs Kaniklides for GDPR plan

SPP Media Group has signed a records management agreement with Kaniklides company in order to put together a plan that fully complies with the law on General Data Protection Regulation...

1126. Announcement of Appointment of Director

The Management of K. Treppides & Co Ltd is pleased to announce the appointment of Mrs Maria Sourmeli as a Director of the Firm, with effect from 1st September 2018...

1127. Hellenic takes on 400,000 new customers

Hellenic Bank is taking on 400,000 new customers, leaving bad debt behind in the acquisition of healthy parts of state-owned Cyprus Cooperative Bank...

1128. 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...

1129. Cyprus goes all out in the maritime insurance game

Cyprus has been a serious contender in the maritime and shipping industry, but recently it emerged as one of few unbeatable alternatives for big foreign P&I clubs looking to set shop home away from home...

1130. 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...

1131. Odysseas says Harris was being stubborn

The auditor general is pointing fingers at the finance ministry’s handling of the Cyprus Cooperative Bank affair, telling an independent investigation committee that some actions were misleading...

1132. Nicosia seeks legal input in Browder case

Nicosia has to make a final decision on whether authorities can legally cooperate with Russia in the Browder case, following a court ruling in early August opened the door for judicial assistance...

1133. 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...

1134. US-Turkish tensions add to regional risk

US-Turkish relations have never been easy to manage. But the current standoff between Washington and Ankara is striking, even by the standards of an historically difficult relationship....

1135. Italy bridge: Genoa motorway collapse kills 35

A motorway bridge has collapsed in the northwest Italian city of Genoa, killing at least 35 people as vehicles plummeted to the ground, emergency services say....

1136. Probe hones in on fire service, regional authority officials

A judicial investigation into the causes of the disastrous wildfires on the outskirts of Attica last month points to major shortcomings and mistakes by members of Greece’s fire service and regional authorities, Kathimerini understands. ...

1137. ARIS celebrates six month anniversary

ARIS, which stands for A Really Inspiring Space, opened its doors to its first resident startups in February 2018. Last Monday, on the 6th of August, the achievements of those startups were celebrated during a summer networking event entitled “Creating Value Through Innovation, in an Ever Changing Global Environment”...

1138. Cyprus won’t snub Russia in Browder affair

A Cypriot court has denied a request by Bill Browder’s attorney who was seeking a ban on local authorities providing any judicial assistance to Russia against his client...

1139. A useful proposal, instead of useless noise

Nowadays, the actions of politicians are strongly geared toward their public image....

1140. Mitsotakis blasts ‘deplorable’ government reaction to deadly wildfire

Conservative opposition leader Kyriakos Mitsotakis slammed the government’s ‘deplorable’ reaction to the deadly wildfire that ripped through the east coast of Attica, killing more than 90 people and injuring scores, saying his party will ensure that responsibility is attributed to those who failed to prevent the disaster....