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2221. Bank chief urges business to help in a speedier resolution of NPLs

He said that one of the biggest issues in Cyprus was the tolerance on non-performers lending...

2222. 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)....

2223. Loans in banking system reach €51.1 billion

Total deposits in February recorded a net decrease of €29.2 million...

2224. EU leaders host Turkish President Erdogan for uneasy summit

Erdogan will seek more money for Syrian refugees, a deeper customs union and progress on letting Turks visit Europe without visas...

2225. China urges US away from 'brink' of trade war

China showed readiness to retaliate by declaring plans to levy additional duties on up to $3 billion of US imports...

2226. Cypriot firm signs $4.2 billion Zimbabwe platinum deal

It is the largest investment structure in the country’s mining industry in Zimbabwe...

2227. Hedge funds show interest in Cyprus co-op

Major hedge funds are showing interest in the Co-Operative Bank of Cyprus, including one headed by former Bank of Cyprus Vice Chairman and current US Commerce Secretary Wilbur Ross. It is too early to predict any deal since investor goals differ from each other and all would depend on final numbers at a later stage. ...

2228. Zuckerberg apologises for Facebook mistakes

His plans did not represent a big reduction of advertisers’ ability to use Facebook data,...

2229. Cyprus won't abandon gas search despite geopolitical challenges

Drillings planned in Cyprus' EEZ for 2018 mainly by ExxonMobil will give a pretty good idea about the island's resources...

2230. Co-op Bank en route to healthy future

Cyprus Co-operative Bank will be healthier without a massive NPL problem. Already it has managed to cut down on the number of branches and reduce its staff, but now the big step is finding investors with the right kind of portfolio to move banking forward....

2231. Academic behind Facebook breach says he is a 'scapegoat'

Facebook has been rocked by a whistleblower who said that Cambridge Analytica had improperly accessed information on 50 million users...

2232. World's biggest yacht in Limassol

Limassol may be the focus of attention this week as the American Iwo Jima is in the area for exercise drills, but a different kind of boat is now stealing the show, the luxury superyacht Dilbar which is the biggest in the world....

2233. Cyprus records €0.4 billion negative trade balance

According to the first estimate for the euro area exports of goods to the rest of the world in January was €178.6 billion...

2234. Self-driving Uber car kills woman crossing street

The ride services company said it was suspending North American tests of its self-driving vehicles...

2235. Tourist arrivals spike 23.4% in February

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

2236. Google makes push to turn product searches into cash

Over the past two years, mobile searches asking where to buy products soared by 85 percent...

2237. Focus on responsible borrowers

Finance Minister Harris Georgiades says responsible borrowers deserve help, but draws the line where strategic defaulters take advantage of loopholes and don't repay their loans...

2238. Cyprus-Egypt agree on pipeline terms

A final draft has emerged with Egypt and Cyprus agreeing the terms that would regulate the construction of an underwater pipeline from the Aphrodite gas field to two LNG terminals, Idku and Damietta. Experts hope that other players would jump on board to justify further such a commercial endeavor. ...

2239. EU to offer Turkey more cash for Syrian refugees before Erdogan meeting

Top EU officials will meet Erdogan on March 26 in the Bulgarian city of Varna ...

2240. Norway underlines faith in London with unlisted property bets

The Norwegian fund is one of the biggest foreign investors in Britain...

2241. Seven Cypriots named in Forbes' Billionaire list

Foreign businessmen are among the Cypriots listed on Forbes’ Billionaire list in 2018, with all seven of them totalling €17.6 billion in combined net worth despite none of them residing on the island. ...

2242. Paphos holds title for selling land to most foreigners

The booming city of Paphos has managed to defend its title for being at the top of real estate sales to foreign buyers, surpassing Limassol which is a very popular investment destination particularly for Russians. But there is some criticism over some of the tools being used to attract buyers, namely the cash-for-passport scheme....

2243. Hold the iPhone! Amazon primed to be larger than Apple

2244. May defends Saudi ties as crown prince gets royal welcome

British officials were privately delighted at the decision by Prince Mohammed to choose Britain as the major western destination on his first foreign trip ...

2245. 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...