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1381. 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...

1382. Cyprus bond achieves best borrowing rate in Euro era

1383. Cyprus eyes 10-year low yield bond after S&P lifts sovereign to investment grade

1384. EU Commissioner for Competition Margrethe Vestager visits Cyprus

1385. 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...

1386. 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...

1387. 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...

1388. 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...

1389. 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...

1390. 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...

1391. 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...

1392. 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...

1393. 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...

1394. 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....

1395. 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....

1396. 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. ...

1397. 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”...

1398. 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...

1399. A useful proposal, instead of useless noise

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

1400. 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....

1401. Officials step up efforts against fires

Cypriot and European authorities are on the lookout for new wildfire threats, as two local fires on Saturday, one in the northwest and one in the southeast, were caused by human action...

1402. Unions okay with CCB severance package

Union employees at Cyprus Cooperative Bank have agreed to sign up on a severance package plan this summer, ahead of a takeover by Hellenic Bank, saying it can contribute to labour peace...

1403. Browder attorney in Cyprus rests his case

Bill Browder’s attorney in Cyprus says the government and justice minister are complying with a request for judicial assistance in order to keep Russia happy...

1404. Moody’s says BoC better off after UK sale

Rating Agency Moody’s has described the sale of Bank of Cyprus UK as credit positive, noting that the sale would place Bank of Cyprus in a better position to focus on reducing its domestic high stock of problematic loans...

1405. Cyprus and Israel talk fire and water

Israel and Cyprus agreed to develop further their cooperation in water management and firefighting, two areas in which both countries face similar challenges...

1406. Browder case in Cyprus pushed back another week

The Bill Browder case had been pushed back for another week due to a scheduling conflict with his defence attorney, with a Nicosia judge setting a new hearing date for July 18...

1407. Citizen Service Centres cancel Monday strike

The Citizen Service Centres around the island will not be closed Monday morning after all, but employees say they are swamped with MIG welfare recipients and so they will accept application forms but won't not answer MIG questions...

1408. Leoni Paraskevaides takes over J&P Overseas

There are new developments in the J&P Overseas saga in Riyadh, with the Cypriot company solidifying its leadership following an internal and legal battle that now appears to be over...

1409. Cabinet okays homeowner plan ahead of crucial House session

The Cabinet approved on Tuesday the “Estia” scheme aimed at addressing the high volume of non-performing loans in the Cypriot banking sector, but time is running out as a crucial legislation package on bad loans is also up for a vote on Friday...

1410. Airtickets.gr, Travelplanet24 suspend sales

Tripsta SA, the parent company of travel sites Airtickets.gr and Travelplanet24, announced on Thursday the suspension of all new ticket sales as part of a radical restructuring of the Greek-owned firm, which has also resulted in the sacking of 180 employees from Athens headquarters....