https://knews.kathimerini.com.cy/en/news/most-limassol-casino-visitors-are-cypriots
Officials are amazed with the number of visits to newly-opened Cyprus Casinos C2 in Limassol, with over 34,000 individuals stepping foot into the first licensed facility in the Republic...
https://knews.kathimerini.com.cy/en/news/president-thanks-parliamentary-caucus-for-sunday-votes
President Nicos Anastasiades praised the ruling and opposition parties for approving state guarantees for Hellenic Bank as well as passing new foreclosure and bankruptcy laws, adding he would not respond to criticism...
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/house-shifts-into-gear-with-sunday-bad-loans-session
It will be a long weekend for the House finance committee, which will hold emergency sessions ahead of a crucial Sunday vote on bad loans and state guarantees for Hellenic Bank...
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/house-prepares-to-define-good-and-bad-borrowers
The distinction between responsible and irresponsible borrowers is at the forefront of heated debate this week, with Presidential Palace and Parliament scrambling to strike balance ahead of a crucial vote...
https://knews.kathimerini.com.cy/en/news/government-welcomes-diko-support-on-bad-loans
The Cyprus government says it can work with opposition centrist party Diko to pass much needed comprehensive legislation on bad loans that would also pave the way for a co-op deal to go forward...
https://knews.kathimerini.com.cy/en/news/bad-loans-revive-mp-financial-disclosure-debate
A ruthless debate is picking up steam among members of parliament following public discussion and media coverage that raises the issue of conflict of interest ahead of a crucial vote on bad loans...
https://knews.kathimerini.com.cy/en/news/first-casino-in-the-republic-opens-its-doors
The first casino in the Republic of Cyprus opened its doors Thursday in Limassol on a temporary basis, until the City of Dreams Mediterranean resort goes into operation in 2021, while other towns will operate satellite casinos soon...
https://knews.kathimerini.com.cy/en/news/co-op-deal-with-hellenic-still-up-in-the-air
The government is running against the clock with bad loans legislation, which would include a bill approving state guarantees for Hellenic Bank to absorb potentially high-risk loans in co-op takeover...
https://knews.kathimerini.com.cy/en/business/esm-warns-cypriot-banks-of-quick-fixes
The European Stability Mechanism warns Cyprus that despite a recent decline in non-performing loans (NPL), the banking sector remains vulnerable due to weak profitability and a still high NPL ratio...
https://knews.kathimerini.com.cy/en/business/worried-investors-looking-for-lillevyali-in-cyprus
The whereabouts of Russian hedge fund manager German Lillevyali are currently unknown, but his possible location in Cyprus is shrouded in even more mystery as people are looking to get their money back...
https://knews.kathimerini.com.cy/en/news/spain-police-arrest-fund-manager-browder-on-russia-warrant
British businessman Bill Browder, a prominent Kremlin critic, was detained and then released by Spanish police on Wednesday, after a warrant for his arrest he said came from Russia was found to be no longer valid...
https://knews.kathimerini.com.cy/en/news/film-producer-weinstein-to-surrender-on-sex-assault-charges
Film producer Harvey Weinstein was expected to surrender to authorities in New York on Friday, months after he was toppled from Hollywood’s most powerful ranks by scores of women accusing him of sexual assault, a person familiar with the case said....
https://knews.kathimerini.com.cy/en/business/cyprus-tightens-vetting-for-investment-for-passport-scheme
In the wake of criticism that it was operating a "passports-for-cash" scheme, Cyprus has toughened up vetting procedures for those investors looking to get their hands on a European Union passport...
https://knews.kathimerini.com.cy/en/comment/europe-s-walls-and-italy
A coalition government between two Italian parties that are ready to challenge core European Union rules and practices will show whether the Union still has reserves of strength or whether decay and fragmentation are inevitable...
https://knews.kathimerini.com.cy/en/news/erdogan-slams-rating-agencies-for-upgrading-bankrupt-greece
Turkish President Recep Tayyip Erdogan took a fresh swipe at rating agencies on Friday over the recent downgraded and the negative outlook they have assigned for the Turkish economy, using “bankrupt” Greece as an example....
https://knews.kathimerini.com.cy/en/business/bad-loans-still-high-despite-fast-economic-growth
Cyprus' economic growth has been supported by construction, tourism and professional services...
https://knews.kathimerini.com.cy/en/comment/on-the-european-path
Turkey might push things to the extremes because it has entered a phase of instability...
https://knews.kathimerini.com.cy/en/business/limassol-first-to-open-casino
Limassol will be the first to kickoff the casino industry in the Republic of Cyprus with a temporary venue, along with satellite locations in other cities which are all racing against the clock to open doors this summer....
https://knews.kathimerini.com.cy/en/comment/calling-on-the-diaspora
Greek society has simply been in the pressure cooker for too long...
