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481. 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...

482. Budget 2019 goes to parliament

483. CBC introduce sharper rules against the so-called “Shell and Letterbox Companies”

The central bank of Cyprus has redefined the definitions of the so-called “shell and letterbox companies”, in an attempt to tighten the directive for the prevention of Money Laundering and Terrorist Financing...

484. Greece's Eurobank to acquire Grivalia Properties

485. DBRS upgrades Cyprus to investment grade

486. Hellenic Bank’s Economic Review

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

488. Fund Management a 'new beginning' for Cyprus

489. Grexit plan was no bluff, French ex-president tells Kathimerini

490. Hellenic Petroleum reported a 15% rise in third quarter profit

491. Economic growth in Cyprus remains strong

492. EU officials call Greece for stability amid pension debate

European officials are urging the Greek government to focus on maintaining financial and political stability even as political parties ratchet up their rhetoric ahead of general elections next year....

493. There is no economic bubble says Finance Minister

494. 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...

495. Fiscal Council: Construction sector growth will not continue indefinitely

496. Eurostat confirms Cyprus 1.8% budget surplus

497. Fitch Ratings upgrades Cyprus to investment grade

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

499. Solution from abroad for J&P Overseas

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

501. Cyprus bond achieves best borrowing rate in Euro era

502. Cyprus issues sovereign bond, draws €1.5 billion at 2.4%

503. Cyprus eyes 10-year low yield bond after S&P lifts sovereign to investment grade

504. Cyprus back into investment grade

Cyprus got its investment worthiness stripes back on Friday as Standard & Poor’s raised the country’s credit grade from BB+ to BBB- with a stable outlook, five years following a devastating financial collapse...

505. 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...

506. INTERVIEW WITH THE FRENCH MINISTER OF FOREIGN AFFAIRS

507. Hellenic takes on 400,000 new customers

Hellenic Bank is taking on 400,000 new customers, leaving bad debt behind in the acquisition of healthy parts of state-owned Cyprus Cooperative Bank...

508. Moody’s thumbs up to Bank of Cyprus bad loans sale

Moody’s credit rating agency says the recent sale of Non-Performing Loans by the Bank of Cyprus worth €2.8 billion is a positive step...

509. Bank of Cyprus gets rid of small business bad loans

The Bank of Cyprus says it has sold a portfolio of non-performing loans worth €2.8 billion to Apollo Global Management, a transaction that will reduce its stock of NPLs to €5.2 billion...

510. Cyprus-based company bids for Serbian copper

A Cyprus-based company is among three bidders trying to strike a partnership with Serbia’s only copper mine and smelter...