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451. Co-op bankers plead not guilty in 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...

452. 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...

453. 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...

454. Government and Co-op begin consultations with bidders

455. 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...

456. 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...

457. 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...

458. 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...

459. 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...

460. 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...

461. 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...

462. More Russians and Brits get CY passports

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....

463. 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 ...

464. 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....

465. Cooperative Bank looking to attract investors

The investor can acquire some or all of the share capital...

466. 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...