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12° Nicosia,
25 May, 2022
 

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Displaying results 1-30 of 56 matches for query credit union.

1. Cacophony emerges as Cyprus stalls foreclosure bills

https://knews.kathimerini.com.cy/en/news/cacophony-emerges-as-cyprus-stalls-foreclosure-bills

The finance ministry in the Republic of Cyprus is scrambling for new ways to overcome an awkward impasse on two crucial foreclosure bills, after opposition parties blamed the administration for not doing enough to have the European Commission go along with amendments to protect bad loan guarantors...

2. Russia to bar entry for people from growing list of 'unfriendly' nations

https://knews.kathimerini.com.cy/en/news/russia-to-bar-entry-for-people-from-growing-list-of-unfriendly-nations

Russia said on Monday it was preparing to restrict entry into Russia for nationals of "unfriendly" countries, which include Britain, all European Union states and the United States. ...

3. Moscow jumps on Burisma links to Kiev

https://knews.kathimerini.com.cy/en/news/moscow-jumps-on-burisma-links-to-kiev

Moscow has put together an elaborate diagram alleging Biden connections to Ukrainian biological labs, with new revelations initially described by Washington as “Russian disinformation” now gaining traction in the United States and reaching all the way to Cyprus...

4. Default looms as Russia hits deadline for dollar bond payments

https://knews.kathimerini.com.cy/en/news/default-looms-as-russia-hits-deadline-for-dollar-bond-payments

Russia will default on its debt for the first time since 1998 if it tries to make interest payments on its dollar bonds in roubles on Wednesday, rating agency Fitch has said....

5. Europe's banks reveal billions worth of Russia risk as sanctions bite

https://knews.kathimerini.com.cy/en/news/europe-s-banks-reveal-billions-worth-of-russia-risk-as-sanctions-bite

Credit Suisse said it had gross exposure to Russia of 1.6 billion Swiss francs ($1.73 billion) at the end of 2021, the latest European bank to reveal the size of potential losses as Western sanctions shut Russia out of the global financial system....

6. Washington bows out of East Med gas pipeline

https://knews.kathimerini.com.cy/en/news/washington-bows-out-of-east-med-gas-pipeline-talk

Washington implicitly clarified in a statement on Monday that it did not support an ambitious East Med gas pipeline project, following a Twitter storm sparked by Greek media reports on a non-paper expressing American reservations about the plan...

7. Turkish lira resumes slide to 17.5 against the dollar

https://knews.kathimerini.com.cy/en/news/turkish-lira-resumes-slide-to-17-5-against-the-dollar

The Turkish lira continued its freefall after President Recep Tayyip Erdogan rejected warnings from businesses about the dangers of recent interest rate cuts and vowed there was “no going back” from his approach....

8. End of an era: Merkel bows out after 16 years

https://knews.kathimerini.com.cy/en/news/end-of-an-era-germany-s-merkel-bows-out-after-16-years

Angela Merkel was assured of a place in the history books as soon as she became Germany’s first female chancellor on Nov. 22, 2005...

9. Cyprus wants clean slate in naturalizations

https://knews.kathimerini.com.cy/en/news/cyprus-wants-clean-slate-in-naturalizations

The government in the Republic of Cyprus has laid out a new blueprint for naturalizations of foreign investors and skilled immigrants, pointing to a departure from the country’s disgraced golden passport scheme while respecting the EU position on citizenship criteria...

10. Cypriot health minister wants to leave post

https://knews.kathimerini.com.cy/en/news/cypriot-health-minister-to-step-down

Cypriot Health Minister Constantinos Ioannou does not intend to remain in his current position after a Cabinet reshuffle expected to be announced next week, confirming earlier rumors that he wanted to step down following a tortuous run during the pandemic...

11. S7 looking to drop Cyprus Airways

https://knews.kathimerini.com.cy/en/news/s7-looking-to-drop-cyprus-airways

The future of Cyprus Airways is once again up in the air following reports that its Russian private shareholder S7 is looking to sell its entire stake in the Larnaca-based Charlie Airlines...

12. Cyprus hurries to clean up company registry

https://knews.kathimerini.com.cy/en/news/cyprus-hurries-to-clean-up-company-registry

Energy Minister Natasa Pilides has called on business stakeholders in Cyprus to embrace a new effort of recording and updating true information about beneficiaries of companies, saying a new digital registry can bolster transparency on the island...

13. No progress among EU leaders on virus recovery deal

https://knews.kathimerini.com.cy/en/news/no-progress-among-eu-leaders-on-virus-recovery-deal

European Union leaders found that a quick deal on the bloc's future long-term budget and a multibillion-euro post-pandemic recovery plan remained beyond their reach Friday as the coronavirus ravages their economies....

14. Hellenic Bank sells its most expensive home

https://knews.kathimerini.com.cy/en/business/hellenic-bank-sells-its-most-expensive-home

Hellenic Bank has sold its most expensive home according to a special report, with foreign investors shelling out 3 million for a mansion in Lakatamia...

15. EIB President in Cyprus to discuss bank’s investment in the country

https://knews.kathimerini.com.cy/en/business/eib-president-in-cyprus-to-discuss-bank-s-investment-in-the-country

The European Investment Bank (EIB) President, Werner Hoyer, was in Cyprus on Monday to update President Nicos Anastasiades on recent and future investment on the island, and to review improvements the education sector which has enjoyed significant ECB investment....

16. Woman gets seven years in white collar crime

https://knews.kathimerini.com.cy/en/news/woman-gets-seven-years-in-white-collar-crime

A former employee at a credit union in eastern Nicosia has been sentenced to seven years in prison for financial crimes worth over half a million...

17. Cabinet adopts IHRA definition of antisemitism

https://knews.kathimerini.com.cy/en/news/cabinet-adopts-ihra-definition-of-anti-semitism

The President’s Cabinet has approved a decision by which the Cypriot Government adopts the definition of anti-Semitism as it has been spelled out by the International Holocaust Remembrance Alliance...

18. Thomas Cook crash is dry run for Brexit failures

https://knews.kathimerini.com.cy/en/news/thomas-cook-crash-is-dry-run-for-brexit-failures

Social historians will mourn the demise of the world’s oldest travel company, founded by a Baptist carpenter in northern England in 1841; their corporate counterparts will not. With more than 500 high street outlets, Thomas Cook demonstrated a stunning inability to adapt to changing travel habits. The rise of budget airlines and disruptors like Airbnb combined with the weak pound and the unusually hot summer of 2018 to kill off the company which had suffered a near-death experience in 2011. ...

19. Moody's changes Cyprus outlook to positive

https://knews.kathimerini.com.cy/en/news/moody-s-changes-cyprus-outlook-to-positive

Rating agency Moody’s changed the outlook for the Cypriot economy to positive from stable, citing the reduction of the sovereign exposure to event risks stemming from the banking sector and the improving fiscal strength beating previous expectations...

20. Britain's Thomas Cook scrambles for £200 million to avert collapse

https://knews.kathimerini.com.cy/en/news/britain-s-thomas-cook-scrambles-for-£200-million-to-avert-collapse

Britain’s Thomas Cook needs to find an extra 200 million pounds to satisfy its lenders or one of the world’s oldest holiday company risks collapse, potentially stranding thousands of holidaymakers across Europe. ...

21. Moody’s expects deleveraging to resume but warns over small economy and high level of debt

https://knews.kathimerini.com.cy/en/business/moody-s-expects-deleveraging-to-resume-but-warns-over-small-economy-and-high-level-of-debt

The credit profile of Cyprus reflects its small but wealthy economy, improved economic resilience and the government`s fiscal outperformance in the wake of the country`s banking crisis, Moody's Investors Service has said in an annual report. ...

22. The ‘public interest'

https://knews.kathimerini.com.cy/en/comment/opinion/the-‘public-interest

Greece can really take off. The economy has already reached its lowest point and is now poised for a spectacular rebound. The country’s human capital is unlimited in all sectors and for the first time in a long time we have a government that understands the notion of entrepreneurship and wants to move dynamically in the field of investments. ...

23. The others were Merkel’s puppets, we were just naive

https://knews.kathimerini.com.cy/en/comment/opinion/the-others-were-merkel-s-puppets-we-were-just-naive

Prime Minister Alexis Tsipras admitted to being naive enough to believe that his European counterparts, whose countries have loaned Greece billions of euros, would go easy on him...

24. Cyprus 'one of the success stories of ESM'

https://knews.kathimerini.com.cy/en/news/cyprus-one-of-the-success-stories-of-esm

25. Agia Fyla co-op scandal ends with acquittals

https://knews.kathimerini.com.cy/en/news/agia-fyla-co-op-scandal-ends-with-acquittals

Four defendants in the Agia Fyla credit union scandal have been acquitted on all charges, with criminal judges citing failure on the part of the police to prosecute the case...

26. Two worlds on a collision course

https://knews.kathimerini.com.cy/en/comment/opinion/two-worlds-on-a-collision-course

When Nicos Anastasiades was campaigning in 2013 for the presidency in the Republic of Cyprus under the banner “leadership in times of crisis” many people bought into the idea that the leader on the right would recognize the gravity of the situation and had a plan ready to get the country out of a tight spot...

27. Kalogerides gets nine years for armed robbery

https://knews.kathimerini.com.cy/en/news/kalogerides-gets-nine-years-for-armed-robbery

A man who was convicted in a credit union bank robbery in Limassol has been sentenced to nine years...

28. Pass the buck

https://knews.kathimerini.com.cy/en/comment/opinion/pass-the-buck

This was a narrative that they managed to pull through for an entire five-year term in office. Because each time people were losing their calm or reacting towards new measures, the response was 'the Anastasiades government is bringing order to the chaos that it had inherited'...

29. How to shield a dead body

https://knews.kathimerini.com.cy/en/comment/opinion/how-to-shield-a-dead-body

According to our 'wise' president, we now have to reflect and ask ourselves about something that has always been at the core of a corrupt system where all government administrations got their hands dirty...

30. You can call it political karma

https://knews.kathimerini.com.cy/en/comment/opinion/you-can-call-it-political-karma

With the re-election of Nicos Anastasiades, many were puzzled with Harris Georgiades’ decision to insist that he not be reappointed finance minister. Having a clear path ahead of him and a brewing storm miles away, shouldn’t he be entitled to leaving while things were still good?...

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