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241. All lights 'set on green' for end to Greek bailout

Greece’s exit from a bailout program instituted by the eurozone and International Monetary Fund looks set to proceed in August, Luxembourg finance minister Pierre Gramegna said on Friday...

242. Greece's new startup culture: technology and seagrass sunglasses

Greek student Stavros Tsompanidis was walking on a beach when he saw a business idea in the piles of dried-up seagrass...

243. Don’t get caught up in the East Med energy hype

It is tempting for resource-poor countries to overestimate the promise of newly discovered hydrocarbon resources, particularly in times of need...

244. EU membership has not worked as a catalyst for peace

Cyprus` membership to the EU in 2004 has not worked as a catalyst towards a solution of the Cyprus problem...

245. Economic sentiment in Cyprus marginally improves in April

The Economic Sentiment Indicator ESI, edged up by 1.5 points in April compared with the previous month, reaching 119 points...

246. Bill Cosby once beloved 'America's Dad' convicted of sexual assault

Comedian Bill Cosby was convicted of drugging and sexually assaulting a onetime friend in 2004, marking the first such conviction of a celebrity since the #MeToo movement that has brought down rich and powerful men for their treatment of women...

247. On Athens visit, Juncker appears upbeat about Greek recovery

In a speech before Greece’s Parliament on Thursday, European Commission President Jean-Claude Juncker expressed optimism about Greece’s economic recovery and called on its European partners to honor pledges for debt relief....

248. Indian guru Asaram guilty of raping 16-year-old

The case highlights the Indian heartland’s fascination with spiritual gurus, who wield immense influence for their ability to mobilise millions of adherents...

249. 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...

250. Russian oligarchs could be Cyprus' Achilles heel

Former central banker Panicos Demetriades says Cyprus is serving Russian oligarchs at the expense of its credibility abroad while doubting the success story in a tell-all interview with Kathimerini...

251. Co-op suffered 'nightmare' bank run

A top official at the Cooperative Bank says more money was lost in bank deposits first quarter this year, just shy of 2 billion, than the outflow during the 2013 crisis....

252. Athens will not bow to Turkish bully-boy tactics

Greek PM says Greece will not back down from protecting its sovereign rights ...

253. Cyprus registers record number of tourists in March

Tourist arrivals in March rocketed 36.4%...

254. Scholz seen to pick up where Schaeuble left off

Despite the cordial meeting on Friday between Finance Minister Euclid Tsakalotos and his new German counterpart Olaf Scholz, Berlin made it clear that the key Greek demand of debt relief will only be discussed after Greece’s bailout program ends....

255. Turkey and Greece ratchet up tension in the Mediterranean

With help from rabble-rousers on both sides, disputes over airspace and maritime borders, which have poisoned relations between Greece and Turkey for decades...

256. Bail reversed for Cypriot brothers in Fiji

Two Cypriot brothers remain in custody in Fiji on charges of money laundering, after a high court reversed a previous bail ruling, citing the seriousness of their alleged crimes and possible long sentences. ...

257. Georgiades makes a “good case” for Co-op sell-off

Borrowers who default on a loan won’t be able to pick up the phone and ask a politician to intervene, according to Finance Minister Harris Georgiades, who insists that separating healthy banking from bad loans is the best way forward for the Cyprus Cooperative Bank....

258. Russian message said 'package has been delivered' before spy attack

Yulia and Sergei Skripal are recovering following Novichok attack in Salisbury...

259. Cypriots celebrate Easter

It may be spring recess in some parts of the world, but it is almost the end of Holy Week in Cyprus where people get ready for Saturday midnight mass and Easter Sunday celebrations. Tradition mixed with good food and some dangerous customs blend together to make what Cypriots call Easter holidays....

260. 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....

261. Gross average monthly earnings begin to rise

The average gross earnings of employees amounted to €2,169 in Q4 compared with €2,149, in Q4 of 2016...

262. Greece fears rising Turkish aggression

263. Cyprus central government debt at €18.3 billion at end 2017

Cyprus central government debt reached 18.315 million in the end of 2017 marking a decline of 3.6% compared with 2016, according to data released today by the Finance Ministry’s Public Debt Management Office (PDMO)....

264. Fitch upgrades Bank of Cyprus covered bonds to 'BBB'

Fitch Ratings has upgraded Bank of Cyprus` outstanding €650 million conditional pass-through (CPT) covered bonds to `BBB` from `BBB-` with a stable outlook, the international credit rating agency has said in a press release....

265. French ex-president Sarkozy in custody in campaign funding probe

France opened a judicial inquiry in 2013 into allegations that Sarkozy’s successful 2007 election bid benefited from illicit funds from late Libyan leader Gaddafi...

266. Tourist arrivals spike 23.4% in February

Tourist arrivals have hit record highs in every month since March 2017 ...

267. Cypriot musician arrested by US immigration agents

Agents were in the process of identifying and arresting another illegal immigrant and found that Efthymiou had overstayed his visa...

268. 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...