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241. IMF warns of 'increasing headwinds to sustained growth'

242. EU unhappy with Greek reforms, debt relief in doubt

Greece's bailout creditors say the country has fallen behind on several key reforms that have been set as a condition for debt relief....

243. Cypriot bond yields tumble after stellar bond sale

244. Bank of Cyprus sells NPEs amounting to €34 million to APS Delta

245. Cyprus prepares to tap international markets after early repayments

246. Moody's upgrades Bank of Cyprus and Hellenic Bank

247. EU Commission approves ESTIA scheme

248. Greece's Eurobank to acquire Grivalia Properties

249. DBRS upgrades Cyprus to investment grade

250. Hellenic Bank’s Economic Review

251. Shell companies ''This is over, its finished''

252. Interview with Isfandyar Zaman Khan, lead specialist for finance and innovation at the World Bank

253. Alpha Bank Cyprus unloads NPLs worth €400 million

254. Bank share plunge fuels fears about Greece's vulnerability

255. Astrobank in talks to buy National Bank of Greece Cyprus unit

256. Fitch Ratings upgrades Bank of Cyprus

257. Cyprus back into investment grade

Cyprus got its investment worthiness stripes back on Friday as Standard & Poor’s raised the country’s credit grade from BB+ to BBB- with a stable outlook, five years following a devastating financial collapse...

258. EU Commissioner for Competition Margrethe Vestager visits Cyprus

259. Shadows loom over government’s ‘clean exit’ scenario

Greece’s bailout exit has been eliciting condescending and bitter commentary on the country’s beaches and in its near-deserted cities, as few Greeks believes their lives are going to improve or that the country’s prospects will be akin to those of other bailed-out eurozone states. Greece’s “return to normalcy” and “clean exit,” much touted by the government, appear to be happening somewhere else....

260. Manafort lawyer blames Cyprus accounts on oligarchs

Prosecutors described Paul Manafort as a “shrewd” liar and accused him of misleading his tax preparers, banks, and US authorities in claiming that secret accounts did not exist...

261. Moody’s says BoC better off after UK sale

Rating Agency Moody’s has described the sale of Bank of Cyprus UK as credit positive, noting that the sale would place Bank of Cyprus in a better position to focus on reducing its domestic high stock of problematic loans...

262. Cyprus co-op bank freezes accounts with bad loans

The Cyprus Cooperative Bank on Friday froze accounts of customers who keep their loans delinquent on purpose, as the bank makes an effort to force them to seek refinance terms...

263. 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...

264. Non-performing loans in banking system spike by €1.5 billion

Non-performing exposures (NPEs) in the Cyprus banking system jumped up by €1.5 billion in January, as International Financial Reporting Standard 9 entered in to force...

265. 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...

266. Hellenic Bank in a time crunch to bid on Co-op

The deadline in the privatisation process for the Cyprus Cooperative Bank (CCB) has been postponed until mid-May, setting in motion the executive board at the Hellenic Bank to intensify discussions on making a bid. ...

267. ECB mulls shelving rules tackling eurozone NPLs

The European Central Bank is considering shelving planned rules that would have forced banks to set aside more money against their stock of unpaid loans, after suffering a political backlash....

268. Cyprus recovery is being recognised by international agencies

Fitch does not currently anticipate developments with a high likelihood of leading to a downgrade...

269. FinMin: Revenue from NPLs management will repay cost of support to Co-op

Government moves include establishing an asset – management company, based on conditions that the competent European institutions will set and depending on the finalisation of investment interest in the Co-op...

270. Banks in Cyprus, Greece and Portugal may need further reserve build-up

Fitch also notes that average NPL/total loan ratios at the EU`s largest banks had declined to 4% by end-2017 from 6.5% at end-2014...