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2971. 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....

2972. Nigerian in Paphos behind Spanish prisoner scam

The 35-year-old suspect in Paphos’ Spanish prisoner scam has been identified as a Nigerian national, who was arrested Thursday along with his 25-year-old girlfriend for swindling €117,000 out of a retired teacher...

2973. Larnaca man arrested for stashing cannabis

A 24-year-old male has been arrested in Larnaca following the discovery of over 26 kilos of dry cannabis in his residence...

2974. Paphos mayor docks pay on laid-back workers

Paphos Mayor Phedonas Phedonos has given orders to dock pay for municipal workers who show up late or show indolence in their work...

2975. Second arrest in Spanish prisoner scam

A second suspect is in police custody in Paphos in connection with a Spanish prisoner scam, where a 63-year-old woman was duped into wiring a total of €117,000 to a man she met online...

2976. Fitch Ratings upgrades Bank of Cyprus

2977. Bank of Cyprus plans voluntary layoffs in 2019

2978. Child dies after Cyprus-bound boat capsizes

A five year-old boy aboard a vessel, carrying dozens of Syrian refugees en route to Cyprus, drowned over the weekend off the coast of Lebanon, before the Lebanese army managed to rescue all the other passengers...

2979. Macheras forest fire under control

2980. Sex trafficking suspects released until further notice

All five suspects in a recent sex trafficking case have been released from custody until further notice, as police investigators are pouring over bank accounts and telecommunications data to build the case...

2981. Game of Thrones roars at the Emmy Awards: Here is a list of the winners

2982. Woman duped in 'Spanish prisoner' scam

Police arrested a 60-year-old Nicosia man Sunday evening on fraud charges in connection with an advance-fee scam, following a complaint filed by a 63-year-old teacher who says she was duped into wiring a total of €117,000...

2983. US warns Moscow is trying to buy off individuals and spread disinformation

2984. Hurricane Florence makes landfall expected to dump 37 billion cubic meters of water

2985. All you need to know about the new iPhones and Apple Watch

Apple Inc introduced its largest-ever iPhone and a watch that detects heart problems on Wednesday in an attempt to get customers to upgrade to more expensive devices in the face of stagnant global demand for smartphones...

2986. Suspects remanded in sex trafficking case

The five suspects detained Tuesday on sex trafficking charges, including three cops, have been remanded in custody while police did not rule out additional arrests pending the investigation...

2987. 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...

2988. New company registrations on the climb

The upward trend in the registration of new companies continued in August, data released by Cyprus` Department of the Registrar of Companies and Official Receiver show...

2989. Russia, Iran and Turkey have different visions for Syria but all three face US sanctions

2990. Holland cuts CMP a check for €50,000

Dutch Foreign Minister Stef Blok toured the Anthropological Laboratory of the Committee on Missing Persons, handing over a cheque for €50,000 on behalf of The Netherlands...

2991. Cop arrested for using fake sick notes

Paphos law enforcement officials are searching for a police officer, following allegations that he was presenting a fake doctor’s note to go on medical leave multiple times...

2992. 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...

2993. Teachers 'go slow' to show dissent

State teachers in public schools will take industrial action by ‘going slow’ in the first few days back to school, as unions seek a stronger mandate from members by asking them to approve a general strike...

2994. Coca cola takes over Costa Coffee

The owners of café chain Costa have agreed to sell the business to Coca Cola for €5.4 billion, marking a new era for the global soft drink group...

2995. More Turkish violations of Greek air space

With Greece reeling on Tuesday from the death of a Hellenic Air Force pilot during a training flight, six Turkish fighter jets violated Greek national air space a total of 47 times over the northeast, central and southeast parts of the Aegean Sea....

2996. Teachers march nine thousand-strong

Thousands of demonstrators descended on Presidential Palace Avenue on Tuesday, protesting a Cabinet decision to trim down the number of class-exempt teaching hours in state schools...

2997. Amid aid delays to fire victims, ND leader visits Mati

A month after the disastrous wildfires on the outskirts of Attica that claimed the lives of 96 people and destroyed dozens of homes and thousands of hectares of land, the government approved additional aid for victims, as Infrastructure Minister Christos Spirtzis and New Democracy leader Kyriakos Mitsotakis conducted separate visits to Mati, the coastal settlement east of the capital where dozens died....

2998. Bulgaria scrambling over Olympic bankruptcy

The bankruptcy of Cyprus-based Olympic Insurance Company has become the focus of attention and a regulator has resigned, after 200,000 Bulgarians were left without insurance...

2999. NGO says asylees can’t cope in Cyprus

A human rights group is calling on authorities to do more to help asylum applicants in Cyprus, saying rules governing financial aid are “racist and inhuman” five years post economic crisis...

3000. Nicosia ups pressure on EU migration policy

Nicosia is pushing for a single EU migration policy that would make refugee redistribution not only mandatory but also relative to population sizes of member states...