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451. Industrial/Logistics most attractive post COVID-19

Following the breakout of the COVID-19 pandemic, the Industrial/Logistics asset class has presently become the most attractive financing option for a majority of banks in Central & Eastern Europe, according to the results from the latest edition of KPMG’s Property Lending Barometer...

452. Past week was the worst epidemiologically since outbreak

Health minister Constantinos Ioannou was the bearer of unpleasant news on Tuesday, announcing that the current epidemiological situation doesn’t appear to leave room for the planned relaxation of measures from December 14....

453. Nicosia police investigate midtown explosion

Nicosia police are investigating an explosion incident in midtown area, with reports saying a hand grenade was thrown into the building of an insurance company...

454. Passport committee shuns media over COVID

The special investigative committee probing the passport scandal in the Republic of Cyprus cited the pandemic this week after banning reporters from hearings, while it was unclear how Thursday’s additional COVID measures would further affect media coverage...

455. Cypriots rise up against corruption

A crowd of protesters gathered outside Filoxenia Conference Centre in Nicosia on Wednesday evening, calling on House Speaker Demitris Syllouris to resign after he was featured in an Al Jazeera undercover story on corruption...

456. Mixed media coverage over Paphos incident

Varied reports ranging from a knife attack to a domestic accident involving broken glass emerged on Thursday, after a foreign couple ended up in the Emergency Room in Paphos...

457. Cyprus readies launch of 5G bid

The Republic of Cyprus is moving forward with opening a public bid for the country’s 5G network, with permits expected to be approved before the year is out...

458. Greece to welcome Germans, Cypriots, Israelis in first wave of visitors

Greece will allow travelers from around two dozen countries including Germany, Cyprus and Israel to visit from mid-June without having to be quarantined, government officials said, part of a gradual easing of coronavirus lockdown restrictions....

459. China's ambassador responds to US criticism

The Chinese ambassador in Nicosia is firing back at US and media criticism over his country’s response to the coronavirus outbreak, adding that he believes Cyprus will win the battle against the coronavirus...

460. Bomb goes off at a Limassol media outlet

Limassol police are investigating a bomb attack outside the building of a media group, which houses a number of outlets including Cyprus Times...

461. How Russian uncapitalism works

Like a private equity firm enacting an acquisition-led ‘roll-up’ in a fragmented sector, Putin and Co in Russian have been busy in recent years quietly taking scores of small banks into state ownership...

462. Hellenic Bank posts profit of €59.1 million in first half of 2019

The Hellenic Bank has announced that it has posted a profit of €59.1 million after tax in the first half of this year with CEO Yiannis Matsis noting that the results reflect part from the benefits from the acquisition of the operations of former Cyprus Cooperative Bank. ...

463. 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. ...

464. Cyprus parliament suspends foreclosures

The House of Representatives voted in its last plenary before summer recess an amendment to the foreclosure law that foresees a freeze in foreclosures and suspension for loans eligible for the ESTIA loan relief plan...

465. Mobile phones now work across divided Cyprus

The United Nations has lauded the news that mobile phone coverage has been extended to both sides of the divide on the east Mediterranean island nation of Cyprus. ...

466. Questions remain in Limassol murder-suicide

The funeral of a woman who was shot to death by her ex-boyfriend, in a murder-suicide over the weekend, is being held on Tuesday while questions remain over the circumstances of her death...

467. What’s with all the horrifying details?

The most shocking aspect was not so much the discovery of the little girl’s body as it was actually the way we take part and become a part one way or another in this sensationalism of human pain...

468. French CNP buys BOC stake in Cyprus subsidiary for $97.5 million

469. Reuters photographer Alkis Konstantinidis wins Pulitzer Prize

Greek photographer Alkis Konstantinidis is among a group of Reuters photographers to receive a Pulitzer Prize for their photos of migrants from Central and South Americans crossing the US border....

470. Charges looming in Marie parental abduction

Five people are expected to face charges in the 2017 abduction of Marie-Eleni, while reports out of Norway say the mother took her daughter without holding up her end of the bargain...

471. Turkish and Greek nationalism, a two way street

Blue Homeland was front and centre due to the naval drill of the Turkish Armed Forces, but analysts have been wasting ink to influence public opinion...

472. Watch Hellas Sat 4 successful launch

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

474. Online road tax renewals go live

The website for road tax renewal payments went live on Monday, with vehicle owners having until early March to pay for either three, six, nine, or twelve months...

475. Touch down on the red planet

The first robotic lander touched down safely on the surface of Mars on Monday with instruments to detect planetary seismic rumblings never measured anywhere but Earth...

476. Watch video of Trump clashing with CNN's Jim Acosta

477. Bad loans in Cyprus decline by €3.28 billion since March 2018

478. Mostly clear weather through the weekend

Thursday skies will remain mostly clear with clouds during parts of the day, while low to mid 30’s and scattered clouds are expected Friday and for the rest of the weekend...

479. Banks have their recovery work cut out

The bank stock slump has gone on for too long and valuations are now exceptionally low, say senior credit sector officials in Athens. However, analysts questioned on the issue by Kathimerini say the problems that Greek lenders are facing will not be overcome quickly, justifying the pounding the sector has sustained on the Athens stock exchange....

480. Hellenic mulls over selling delinquent loans

Hellenic Bank posted a €35 million net profit for the first half of 2018, with the bank’s CEO Ioannis Matsis stating that the bank is ready to launch a tender for the sale of a portfolio of non-performing exposures within the next six months...