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271. 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. ...

272. 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....

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

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

274. 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....

275. 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....

276. 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...

277. Greece fears rising Turkish aggression

278. 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)....

279. 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....

280. 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...

281. Tourist arrivals spike 23.4% in February

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

282. 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...

283. 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...