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331. Central Banker mulls bridging framework on foreclosures

The Central Bank will present recommendations aimed at rectifying the foreclosure framework it was announced on Thursday...

332. Foreclosures: Parliament rejects President's referral

The House of Representatives today rejected a presidential referral regarding a number of foreclosure legislation amendments. ...

333. 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.'' ...

334. Moody's 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....

335. Cyprus’ borrowing cost continues downward trend

336. Bank culture should change Central Bank Governor says

337. 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...

338. Erdogan pays electoral price for Turkey's tumbling economy

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

340. 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...

341. 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...

342. K. Treppides & Co Ltd - 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...

343. Cyprus establishes energy investment fund

344. Cyprus borrows €82.4 million at a negative yield

345. 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...

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

347. Cyprus 10-year bond now below 2%

348. 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...

349. EU Commission approves ESTIA scheme

350. 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...

351. 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...

352. Hellenic Bank’s Economic Review

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

354. Economic growth in Cyprus remains strong

355. 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...

356. Fitch Ratings upgrades Cyprus to investment grade

357. Alpha Bank Cyprus unloads NPLs worth €400 million

358. IMF: The Cypriot economy continues its rapid recovery from the 2012–13 financial crisis

359. Fitch Ratings upgrades Bank of Cyprus

360. Greek banks to chase borrowers who refused to open their accounts

Banks have firmly focused their attention on debtors who have resorted to the provisions of the so-called Katseli law – named after former economy minister Louka Katseli – for protection now that their bank account secrecy has been lifted....