https://knews.kathimerini.com.cy/en/news/former-central-banker-says-oligarchs-are-banks-achilles-heel
Former central banker Panicos Demetriades says Cyprus is serving Russian oligarchs at the expense of its credibility abroad while doubting the success story in a tell-all interview with Kathimerini...
https://knews.kathimerini.com.cy/en/business/cyprus-recovery-is-being-recognised-by-international-agencies
Fitch does not currently anticipate developments with a high likelihood of leading to a downgrade...
https://knews.kathimerini.com.cy/en/news/millions-in-compensation-to-hermes-airports-under-review
A compensation agreement between the state and Hermes Airports is being challenged in parliament, echoing a public debate on how Larnaca and Paphos airports should receive government funds due to the operation of the illegal Ercan (Tymbou) airport in the north....
https://knews.kathimerini.com.cy/en/business/bank-run-at-cooperative-peaked-in-march
A top official at the Cooperative Bank says more money was lost in bank deposits first quarter this year, just shy of 2 billion, than the outflow during the 2013 crisis....
https://knews.kathimerini.com.cy/en/news/london-believes-the-cyprus-peace-process-should-start-sooner-than-later
British High Commissioner says "whatever is going to happen should start to happen quickly because after such a long delay since last summer and with other things that are happening, the world is not waiting"...
https://knews.kathimerini.com.cy/en/comment/politcsblog-loans-to-politicians
The Non-Performing Loans (NPL) associated with political public figures reach over €160 million just in the cooperative bank alone. New measures are welcome but can they deliver?...
https://knews.kathimerini.com.cy/en/life/issues-of-violence-are-primary-concern-to-women-across-both-communities-in-cyprus
The survey aimed at examining the position of women, their perceptions, aspirations and experiences across the Greek Cypriot and the Turkish Cypriot communities with respect to personal, professional and political issues...
https://knews.kathimerini.com.cy/en/news/putin-predicts-global-chaos-if-west-hits-syria-again
The United States, France and Britain have said the missile strikes were limited to Syria’s chemical weapons capabilities and not aimed at toppling Assad...
https://knews.kathimerini.com.cy/en/news/may-gets-backing-for-action-against-syria
She told her senior ministers the Douma events showed a “deeply concerning” erosion of international legal norms barring the use of chemical weapons...
https://knews.kathimerini.com.cy/en/business/georgiades-makes-the-good-case-for-ccb
Borrowers who default on a loan won’t be able to pick up the phone and ask a politician to intervene, according to Finance Minister Harris Georgiades, who insists that separating healthy banking from bad loans is the best way forward for the Cyprus Cooperative Bank....
https://knews.kathimerini.com.cy/en/business/alpha-cyprus-gets-new-owner
Alpha Cyprus has switched owners in a multi-million deal, putting full ownership in Cypriot hands but maintaining its affiliation with sister company in Greece with no noticeable changes for viewers....
https://knews.kathimerini.com.cy/en/news/south-africa-s-zuma-appears-in-court-on-corruption-charges
Thousands of Zuma supporters gathered to express solidarity with a leader they say is the victim of a politically motivated witchhunt...
https://knews.kathimerini.com.cy/en/business/privatisation-of-co-op-may-lead-to-the-creation-of-a-bad-bank
A process launched by the nationalised Cooperative Cyprus Bank may lead to the creation of an Asset Management Company also known as a bad bank ...
https://knews.kathimerini.com.cy/en/news/new-information-about-elena-emerges
New information has emerged about Elena Frantzi, whose recent death shocked Cypriot society, just one day after her family warned it may take legal action against anyone who spreads misinformation or violates the privacy of their departed loved one....
https://knews.kathimerini.com.cy/en/news/cooperative-bank-outflow-appears-to-have-stopped
The Cyprus finance minister says outflow has stopped at the state-owned Cyprus Cooperative Bank, following a €2.5 billion deposit by the government that is seeking private investors for the troubled institution....
https://knews.kathimerini.com.cy/en/business/j-p-starts-to-pay-workers-again
J&P workers in Saudi Arabia finally got their December pay cheque following a protracted labour dispute with the management of the Cypriot company, which is facing a number of financial challenges. Cypriot workers are still waiting to get paid but it looks like they will have to wait until after the Easter holidays....
https://knews.kathimerini.com.cy/en/life/saudi-arabia-s-first-new-cinema-in-decades-to-open
Saudi Arabia had some cinemas in the 1970s but its powerful clerics closed them"...
https://knews.kathimerini.com.cy/en/news/elena-s-family-calls-for-privacy
The family of Elena Frantzi, whose recent death shocked Cypriot society, is warning it may take legal action against anyone who spreads misinformation about their loved one....
https://knews.kathimerini.com.cy/en/business/ukraine-s-privatbank-files-$3-billion-lawsuit-against-pwc-subsidiaries
Kiev has already withdrawn PwC’s right to audit Ukrainian banks as punishment for its alleged failure to flag evidence of wrongdoing at PrivatBank...
https://knews.kathimerini.com.cy/en/business/china-hammers-us-goods-with-tariffs
Eight other products, including pork and scrap aluminium, will now be subject to additional tariffs of 25 percent...
https://knews.kathimerini.com.cy/en/business/bad-loans-still-high-despite-fast-economic-growth
Cyprus' economic growth has been supported by construction, tourism and professional services...
https://knews.kathimerini.com.cy/en/news/j-p-in-saudi-arabia-in-dire-straits
The Cyprus-based J&P Overseas construction company is in a negative spotlight this week, after a series of damning letters sent by employees to Riyadh’s management were made public. The allegations are pretty ugly but the company vows to fix problems....
https://knews.kathimerini.com.cy/en/business/coops-privatisation-process-attracts-significant-investor-interest
The privatisation process of the Cyprus Cooperative Bank (CCB) attracted “significant interest” both from financial entities in Cyprus and abroad in acquiring a stake in its share capital of part of its assets, the CCB said after the completion of the first phase concerning the expression of interest....
https://knews.kathimerini.com.cy/en/news/devastated-smith-makes-tearful-apology-for-ball-tampering
Smith, who had been captain since 2015, is rated by many as the best Australian batsman since the great Donald Bradman...
https://knews.kathimerini.com.cy/en/business/uk-house-price-growth-unexpectedly-slows-to-seven-month-low
Britain’s housing market has been hit by a squeeze on household incomes caused by higher inflation...
https://knews.kathimerini.com.cy/en/business/cyprus-central-government-debt-at-€18-3-billion-at-end-2017
Cyprus central government debt reached 18.315 million in the end of 2017 marking a decline of 3.6% compared with 2016, according to data released today by the Finance Ministry’s Public Debt Management Office (PDMO)....
https://knews.kathimerini.com.cy/en/business/guardian-criticized-over-greek-crisis-tour
The Guardian newspaper is arranging an “educational and informative tour of modern Greece, exploring the lessons learned from Greece’s financial crisis.”
...
https://knews.kathimerini.com.cy/en/news/australia-slaps-12-month-bans-on-smith-and-warner
Each player must also complete 100 hours of community service before being considered for future selection...
https://knews.kathimerini.com.cy/en/business/economic-sentiment-indicator-decreased-by-1-6-points-in-march
The decline resulted from a worsening of business confidence in services, industry, and among consumers...
https://knews.kathimerini.com.cy/en/business/china-urges-us-away-from-brink-of-trade-war
China showed readiness to retaliate by declaring plans to levy additional duties on up to $3 billion of US imports...