https://knews.kathimerini.com.cy/en/news/finance-committee-seeks-compromise-on-foreclosures
The House of Representatives Finance Committee meets on Friday to discuss proposals that would normalize the legislative framework on foreclosures...
https://knews.kathimerini.com.cy/en/news/s-p-affirms-bank-of-cyprus-ratings
Standard & Poor’s affirmed on Tuesday their `B+/B` long- and short-term issuer credit ratings on Bank of Cyprus Public Co. Ltd. (BoC), noting that the outlook is stable...
https://knews.kathimerini.com.cy/en/news/ecb-warns-of-significant-negative-impact
The European Central Bank (ECB) has warned of “significant negative impact” to the Cypriot banking system in case a new law amending the legal on foreclosures is implemented.
...
https://knews.kathimerini.com.cy/en/news/central-banker-mulls-bridging-framework-on-foreclosures
The Central Bank will present recommendations aimed at rectifying the foreclosure framework it was announced on Thursday...
https://knews.kathimerini.com.cy/en/news/foreclosures-parliament-rejects-president-s-referral
The House of Representatives today rejected a presidential referral regarding a number of foreclosure legislation amendments.
...
https://knews.kathimerini.com.cy/en/news/foreclosure-legislation-deemed-unconstitutional
Finance Minister Haris Georgiades said on Tuesday that "a legislative framework must be effective, it must not change frequently, in order to create a trustworthy framework that will enable us to manage this last remaining problem of non-performing loans.''
...
https://knews.kathimerini.com.cy/en/news/moodys-warns-foreclosure-laws-increase-risk-for-banks
Cyprus’ new foreclosure framework hampers banks efforts to reduce NPLs said credit rating agency Moody's in an announcement on Thursday....
https://knews.kathimerini.com.cy/en/news/cyprus-borrowing-cost-continues-downward-trend
https://knews.kathimerini.com.cy/en/news/bank-culture-should-change-central-bank-governor-says
https://knews.kathimerini.com.cy/en/business/k-treppides-co-ltd-income-tax-law-amendments
The House of Representatives voted on 5 April 2019, a series of provisions amending the Income Tax Law which were published in the Official Gazette of the Republic on 25 April 2019...
https://knews.kathimerini.com.cy/en/news/erdogan-pays-electoral-price-for-turkey-s-tumbling-economy
https://knews.kathimerini.com.cy/en/news/imf-warns-of-increasing-headwinds-to-sustained-growth
https://knews.kathimerini.com.cy/en/news/suspected-loan-shark-turns-tables-on-accuser
State prosecutors are seeking guidance from the attorney general in a case where a suspected loan shark in Limassol has presented evidence of actual debt owed to him by his female accuser...
https://knews.kathimerini.com.cy/en/business/baker-tilly-annual-restructuring-summit
Baker Tilly Cyprus held its first annual restructuring summit at the Hilton Park Hotel in Nicosia, drawing on the expertise of banking professionals, company directors and restructuring specialists...
https://knews.kathimerini.com.cy/en/business/cyprus-in-the-new-international-tax-reality
In the years 2019-2020, Cyprus will transpose into its national law the provisions of the EU Anti Avoidance Directive, with three measures of the Directive being effective from 1st of January 2019...
https://knews.kathimerini.com.cy/en/news/cyprus-establishes-energy-investment-fund
https://knews.kathimerini.com.cy/en/news/cyprus-borrows-€82-4-million-at-a-negative-yield
https://knews.kathimerini.com.cy/en/news/new-arrest-in-nicosia-downtown-blast
A new suspect has been arrested in the Nicosia downtown blast that took place in late January, while the identity of the female victim has yet to be confirmed officially...
https://knews.kathimerini.com.cy/en/news/bank-of-cyprus-sells-npes-amounting-to-€34-million-to-aps-delta
https://knews.kathimerini.com.cy/en/business/cypriot-10-year-bond-now-below-2
https://knews.kathimerini.com.cy/en/news/house-passes-state-budget-for-2019
The House of Representatives Plenary on Friday approved by majority voting the 2019 state budget, that provides for a surplus amounting 3% of GDP...
https://knews.kathimerini.com.cy/en/news/eu-commission-approves-estia-scheme
https://knews.kathimerini.com.cy/en/news/fresh-details-in-strovolos-double-murder
The Strovolos double murder trial is set to continue on Wednesday, following documentary evidence that stirred up the courtroom last week and a new crime scene investigation requested by the defence...
https://knews.kathimerini.com.cy/en/news/four-busted-in-limassol-co-op-bank-fraud
Four people have been arrested in connection with financial irregularities at a Limassol credit union of the Cyprus Cooperative Bank...
https://knews.kathimerini.com.cy/en/business/hellenic-bank-s-economic-review
https://knews.kathimerini.com.cy/en/news/interview-with-isfandyar-zaman-khan-lead-specialist-for-finance-and-innovation-at-the-world-bank
https://knews.kathimerini.com.cy/en/news/economic-growth-in-cyprus-remains-strong
https://knews.kathimerini.com.cy/en/news/suspected-loan-shark-arrested-in-limassol
The Limassol District Court has remanded a 70-year-old local moneylender for seven days on multiple charges including money extortion, blackmail, and illegal loan-sharking...
https://knews.kathimerini.com.cy/en/news/fitch-ratings-upgrades-cyprus-to-investment-grade
https://knews.kathimerini.com.cy/en/business/alpha-bank-cyprus-unloads-npls-worth-€400-million