Search

481. Bank of Cyprus CEO makes the case for Cyprus recovery

482. Cypriot Ambassador presents credentials at the White House

Cypriot Ambassador Marios Lysiotis presented his letters of credence to US President Donald Trump...

483. Woman duped in 'Spanish prisoner' scam

Police arrested a 60-year-old Nicosia man Sunday evening on fraud charges in connection with an advance-fee scam, following a complaint filed by a 63-year-old teacher who says she was duped into wiring a total of €117,000...

484. Cyprus Twitter storm over West vs Russia

485. 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...

486. 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...

487. Over a thousand employees choose Co-Op buyout

Over a thousand employees at Cyprus Cooperative Bank signed up for a voluntary severance package, well above the target of 900 set by the bank ahead of a takeover by Hellenic Bank...

488. Probe hones in on fire service, regional authority officials

A judicial investigation into the causes of the disastrous wildfires on the outskirts of Attica last month points to major shortcomings and mistakes by members of Greece’s fire service and regional authorities, Kathimerini understands. ...

489. Struggle for survivors of fire trying to return to normalcy

Survivors of last month’s deadly blazes on the outskirts of Attica are struggling to cope while experts are warning of the public health risks posed by toxic ash in the afflicted areas, Kathimerini has learned....

490. Paphos hotel worker arrested on theft charges

Police arrested a 26-year-old hotel maintenance worker in Paphos in connection with in-room theft, following tourist complaints about items gone missing...

491. Hellenic forms ad hoc integration committee

Hellenic Bank says it has put together an ad hoc committee to oversee and facilitate the integration of recently-bought parts of Cyprus Cooperative Bank into the publicly traded Cypriot company...

492. ECB lowers emergency funding cap for Greek banks to 8.4 bln euros

The European Central Bank lowered the ceiling on emergency liquidity assistance (ELA) Greek banks draw from the domestic central bank by 1.9 billion euros to 8.4 billion euros, the Bank of Greece said on Thursday....

493. Greek bank deposits rise in June for fifth month in a row

Greek bank deposits rose in June for a fifth consecutive month, increasing by 1.3 billion euros ($1.52 billion), central bank data showed on Wednesday....

494. Cyprus offers €10 million to Greek fire victims

The government of the Republic of Cyprus is offering €10 million to the fire victims in Greece, calling on citizenry and local businesses to do their share as well...

495. Paphos airport trespasser had ‘no malicious intent’

The passenger, who missed his flight after being arrested for breaching security at Paphos airport, says he was only trying to get to his plane after his wife told him they were closing the gate to the boarding area...

496. Cabinet okays homeowner plan ahead of crucial House session

The Cabinet approved on Tuesday the “Estia” scheme aimed at addressing the high volume of non-performing loans in the Cypriot banking sector, but time is running out as a crucial legislation package on bad loans is also up for a vote on Friday...

497. Nicosia detains ELDYK soldier on Greek warrant

A Greek solider serving in Cyprus was arrested in connection with funding a terrorist group, following a deposit he made last year to the Revolutionary Fund...

498. Cyprus co-op bank freezes accounts with bad loans

The Cyprus Cooperative Bank on Friday froze accounts of customers who keep their loans delinquent on purpose, as the bank makes an effort to force them to seek refinance terms...

499. Probe into Stavros’ death still open

Members of a Health and Safety Task Force Committee are visiting Alethriko elementary on Wednesday, a Larnaca school where 10-year-old Stavros Georgallis got injured last month and whose death hours later was shrouded in controversy and allegations of incompetence...

500. #PoliticsBlog End of an era and Harris’ bitter chalice

Journalists often abuse the term 'end of an era' but in the case of the Cyprus Cooperative Bank, these words totally fit the bill...

501. Government throws Co-Op ball in Hellenic’s court

The Cyprus Cooperative Bank will examine Monday a final offer from Hellenic Bank to acquire the troubled state-owned institution, with government seeing the buyout as a good step while critics saying tax payers are unfairly picking up the tab...

502. UK Court convicts Cypriot drug lord’s mother

A UK court has convicted a Cypriot woman, mother of a drug lord in Cyprus, of talking part in an illegal drug trafficking network by making trips around London to collect money on her son’s behalf...

503. Couple in money fraud case suddenly off the hook

A married couple accused of stealing hundreds of thousands of euro from bank safe deposit boxes is off the hook after a state prosecutor failed to file charges against them properly....

504. Strovolos double murder suspects enter plea

The arraignment of the four suspects in the Strovolos double murder took place Wednesday morning, the main suspect pleading guilty to seven charges before the Nicosia Criminal Court...

505. Capital controls eased further as of Monday

Capital controls were eased further on Monday with depositors now permitted to withdraw a monthly maximum of 5,000 euros from bank accounts, up from 2,300 euros....

506. Cypriot mother-son duo involved in illegal drug entreprise

Two Cypriots, mother and son, are involved in a case of international illegal drug trafficking, with UK authorities saying the woman in London was making trips to collect money on her son’s behalf...

507. Horrific details emerge in Kioneli murder

New horrific details emerge in the Kioneli murder, with a Turkish Cypriot mother in police custody admitting that she killed her young son after seeing a social media comment posted by the boy’s father...

508. Turkey pays Greek Cypriot damages over property in north

Turkey has paid, through the Council of Europe, a Greek Cypriot non – pecuniary damages, plus legal expenses, in addition to VAT in the order of €14,526.75 in line with a European Court of Human Rights (ECHR) judgment...

509. Lawyer accuses police of double standards in waitress’ death

Police are scrambling to move an investigation forward that left a 24-year-old waitress dead in Nicosia, with the family’s lawyer accusing cops of double standards...

510. Six Greek bank staff linked to gang that netted €2.7 million from safe deposit boxes

Six bank employees are being charged as members of a criminal ring believed to have netted more than €2.7 million in cash and valuables from safe deposit boxes of a branch of National Bank in Thessaloniki over a period of 17 years...