https://knews.kathimerini.com.cy/en/news/anastasiades-at-diaspora-dinner-no-guarantees-needed
https://knews.kathimerini.com.cy/en/news/anastasiades-deeply-concerned-about-cyprus-talks
https://knews.kathimerini.com.cy/en/news/uk-parties-declare-support-for-cyprus-reunification
The main British political parties, as well as a pro-Cypriot group of MPs, have reiterated their support for the reunification of the island in recent statements addressed to the National Federation of Cypriots in the UK...
https://knews.kathimerini.com.cy/en/business/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...
https://knews.kathimerini.com.cy/en/news/le-drian-says-france-stands-ready-to-help
French Foreign Minister Jean-Yves Le Drian says Cyprus and France and the presidents of the two countries both wish for further cooperation, while also expressing support for restarting peace talks...
https://knews.kathimerini.com.cy/en/business/monaco-telecom-happy-with-mtn-cyprus-acquisition
MTN Cyprus, a fast-growing telecommunications provider in the country, has officially been acquired by Monaco Telecom, with the new owner eyeing even better days for services on the island...
https://knews.kathimerini.com.cy/en/business/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...
https://knews.kathimerini.com.cy/en/business/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...
https://knews.kathimerini.com.cy/en/news/suspected-gulenists-arrested-in-cyprus-back-to-turkey
Forty-five Turkish nationals, including suspected Gulenists and their families, were transported to Turkey on Monday following their detention by Turkish Cypriot police in Kyrenia...
https://knews.kathimerini.com.cy/en/business/hellenic-forms-ad-hoc-integration-committee
Hellenic Bank says it has put together an ad hoc committee to oversee and facilitate the integration of recently-bought parts of Cyprus Cooperative Bank into the publicly traded Cypriot company...
https://knews.kathimerini.com.cy/en/news/house-approves-state-guarantees-in-co-op-deal
The House passed legislation Sunday night in favour of providing state guarantees to Hellenic Bank in its acquisition of Cyprus Cooperative Bank’s healthy portfolio...
https://knews.kathimerini.com.cy/en/news/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...
https://knews.kathimerini.com.cy/en/news/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...
https://knews.kathimerini.com.cy/en/news/co-op-bankers-plead-not-guilty-in-unsecured-loans-scandal
Senior co-op executives pleaded not guilty to fraud charges in connection with a banking scandal where loans worth millions were given out without due process...
https://knews.kathimerini.com.cy/en/business/hellenic-moments-away-from-ccb-offer
The privatisation deal for Cyprus Cooperative Bank could be moments away, with Hellenic Bank putting the finishing touches on the final makeup of its new shareholder base...
https://knews.kathimerini.com.cy/en/news/audit-report-on-ccb-made-public-amid-negotiations
An audit report on the Cyprus Cooperative Bank (CCB) was made public on Friday, amid negotiations between the Co-op and its two bidders, making recommendations for improvement but also criticising the institution on a number of decisions...
https://knews.kathimerini.com.cy/en/business/government-and-co-op-begin-consultations-with-bidders
https://knews.kathimerini.com.cy/en/business/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...
https://knews.kathimerini.com.cy/en/news/serbia-can-depend-on-cyprus-as-a-credible-ally-and-friend-in-europe
President Anastasiades said Serbia should consider Cyprus a reliable partner within the EU as Belgrade aims for membership and underlined that the future of Serbia must be in Europe...
https://knews.kathimerini.com.cy/en/business/bad-news-for-bitcoin-believers
Billionaire investor Warren Buffett on Monday said buyers of bitcoin, which he has characterized as “rat poison squared,” thrive on the hope they’ll find other people who will pay more for it...
https://knews.kathimerini.com.cy/en/business/whitbread-to-spin-off-costa-coffee
The move leaves Whitbread with its Premier Inn hotels operation and the split is expected to be completed within 24 months...
https://knews.kathimerini.com.cy/en/business/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...
https://knews.kathimerini.com.cy/en/business/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...
https://knews.kathimerini.com.cy/en/news/european-commission-warns-turkey-over-its-aggression-toward-cyprus
The European Commission report urged Turkey to avoid violence or to make threats for the use of violence against an EU member state...
https://knews.kathimerini.com.cy/en/news/cyprus-naturalised-citizens-up-by-40
The biggest group of foreign nationals that obtained Cypriot citizenship in 2016 were Russians, followed by UK nationals, according to Eurostat data that show close to one million foreigners became EU citizens that year....
https://knews.kathimerini.com.cy/en/business/privatisation-of-co-op-may-lead-to-the-creation-of-a-bad-bank
A process launched by the nationalised Cooperative Cyprus Bank may lead to the creation of an Asset Management Company also known as a bad bank ...
https://knews.kathimerini.com.cy/en/news/cooperative-bank-outflow-appears-to-have-stopped
The Cyprus finance minister says outflow has stopped at the state-owned Cyprus Cooperative Bank, following a €2.5 billion deposit by the government that is seeking private investors for the troubled institution....
https://knews.kathimerini.com.cy/en/business/cooperative-bank-looking-to-attract-investors
The investor can acquire some or all of the share capital...
https://knews.kathimerini.com.cy/en/business/cysec-to-wrap-up-inquiries-on-the-banking-crisis
The three cases concerning the now-defunct Laiki Bank with regard the acquisition products by German Commerzabank, the reclassification of the Greek bonds held by Laiki, and the investment of Bank of Cyprus in Banca Transilvania...