https://knews.kathimerini.com.cy/en/news/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...
https://knews.kathimerini.com.cy/en/news/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. ...
https://knews.kathimerini.com.cy/en/news/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....
https://knews.kathimerini.com.cy/en/news/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...
https://knews.kathimerini.com.cy/en/business/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...
https://knews.kathimerini.com.cy/en/business/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....
https://knews.kathimerini.com.cy/en/business/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....
https://knews.kathimerini.com.cy/en/news/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...
https://knews.kathimerini.com.cy/en/news/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...
https://knews.kathimerini.com.cy/en/news/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...
https://knews.kathimerini.com.cy/en/news/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...
https://knews.kathimerini.com.cy/en/business/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...
https://knews.kathimerini.com.cy/en/news/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...
https://knews.kathimerini.com.cy/en/comment/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...
https://knews.kathimerini.com.cy/en/news/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...
https://knews.kathimerini.com.cy/en/news/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...
https://knews.kathimerini.com.cy/en/news/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....
https://knews.kathimerini.com.cy/en/news/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...
https://knews.kathimerini.com.cy/en/business/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....
https://knews.kathimerini.com.cy/en/news/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...
https://knews.kathimerini.com.cy/en/news/new-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...
https://knews.kathimerini.com.cy/en/news/turkey-pays-greek-cypriot-damages-relating-to-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...
https://knews.kathimerini.com.cy/en/news/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...
https://knews.kathimerini.com.cy/en/news/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...
https://knews.kathimerini.com.cy/en/news/strovolos-double-murder-suspects-to-enter-plea-june-13
The arraignment of the four suspects in the Strovolos double murder was set for June 13 during Friday’s hearing, where one of the defence lawyers raised questions over the conduct of police investigators with his client...
https://knews.kathimerini.com.cy/en/news/cypriots-beef-up-home-security-in-wake-of-horrific-crimes
Cypriots are beefing up home security in the wake of horrific and largely unexplained crimes, despite police saying crime has gone down on the island...
https://knews.kathimerini.com.cy/en/news/police-say-strovolos-suspect-admits-to-murders
Police say the main suspect in the Strovolos double murder, during a written deposition admitted to killing the couple but many gaps in the convoluted investigation still remain unanswered...
https://knews.kathimerini.com.cy/en/comment/opinion/don-t-get-caught-up-in-the-east-med-energy-hype
It is tempting for resource-poor countries to overestimate the promise of newly discovered hydrocarbon resources, particularly in times of need...
https://knews.kathimerini.com.cy/en/news/eu-membership-has-not-worked-as-a-catalyst-for-peace
Cyprus` membership to the EU in 2004 has not worked as a catalyst towards a solution of the Cyprus problem...
https://knews.kathimerini.com.cy/en/business/hellenic-bank-in-a-time-crunch-to-bid-on-ccb
The deadline in the privatisation process for the Cyprus Cooperative Bank (CCB) has been postponed until mid-May, setting in motion the executive board at the Hellenic Bank to intensify discussions on making a bid. ...
