https://knews.kathimerini.com.cy/en/business/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...
https://knews.kathimerini.com.cy/en/business/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...
https://knews.kathimerini.com.cy/en/news/bulgaria-scrambling-over-olympic-bankruptcy
The bankruptcy of Cyprus-based Olympic Insurance Company has become the focus of attention and a regulator has resigned, after 200,000 Bulgarians were left without insurance...
https://knews.kathimerini.com.cy/en/comment/opinion/come-back-support-greece
We are caught between celebrations over Greece’s “clean exit” from the bailout programs on one hand and, on the other, allegations that the country has effectively signed up to what can be considered a “fourth memorandum” and is headed to economic disaster....
https://knews.kathimerini.com.cy/en/news/abandoned-berengaria-goes-up-for-auction
The abandoned Berengaria hotel in Cyprus, a historic building known around the world for its ‘ghosts lurking in the dark’ is going up for auction next month...
https://knews.kathimerini.com.cy/en/news/cyprus-puts-team-together-to-save-gas-agreement
The Cyprus government is willing to renegotiate terms with an energy consortium, following concerns on the part of companies that worry new developments and low gas prices would render a current deal not profitable...
https://knews.kathimerini.com.cy/en/news/tsipras-greece-s-modern-day-odyssey-is-over
Greece’s emergence from nine years of crisis and international financial bailouts marks a “new day” for the country, a “day of redemption but also the dawning of a new era,” Prime Minister Alexis Tsipras said on Tuesday, in a televised address from the Ionian island of Ithaca....
https://knews.kathimerini.com.cy/en/news/ngo-says-asylees-can-t-cope-in-cyprus
A human rights group is calling on authorities to do more to help asylum applicants in Cyprus, saying rules governing financial aid are “racist and inhuman” five years post economic crisis...
https://knews.kathimerini.com.cy/en/news/larnaca-kindergarten-goes-up-in-flames
A kindergarten in Larnaca went up in flames early Monday morning, with police pointing to a financial dispute as the reason behind the arson attack...
https://knews.kathimerini.com.cy/en/news/us-turkish-tensions-add-to-regional-risk
US-Turkish relations have never been easy to manage. But the current standoff between Washington and Ankara is striking, even by the standards of an historically difficult relationship....
https://knews.kathimerini.com.cy/en/news/the-solitary-third-age-of-greek-australians
Thirty-three-year-old Dimitra will lock her door tomorrow morning and breathe in the chilly Melbourne air. ...
https://knews.kathimerini.com.cy/en/business/global-jitters-hit-greek-bonds
Just days before Greece is to emerge from its international bailouts, upheaval in international markets took a toll on Greek bonds on Thursday, driving yields up above 4 percent....
https://knews.kathimerini.com.cy/en/news/us-posture-could-overpower-cyprus-solution-agenda
Following July’s meeting with the two Cypriot leaders, sources say special UN envoy Jane Holl Lute appeared unconvinced regarding the basis for further peace talks and that a meeting in New York could be in the works to clarify once and for all...
https://knews.kathimerini.com.cy/en/news/hot-weather-still-a-cyprus-gold-mine
Inbound visitors drawn to the island spend more money than what outbound locals spend overseas, and a study says it is because of the warm climate...
https://knews.kathimerini.com.cy/en/news/cyprus-tax-webcast-july2018
Watch the new Deloitte Tax Webcast for July 2018 presented by Mr. Pieris Markou, Deloitte Tax & Legal Services Leader...
https://knews.kathimerini.com.cy/en/news/security-council-renews-unficyp-mandate
The Security Council authorized a six‑month mandate renewal for the United Nations Peacekeeping Force in Cyprus (UNFICYP) on Thursday, unanimously adopting resolution 2430 (2018)...
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/news/cypriot-hacker-stuck-between-a-rock-and-a-hard-place
The future prospects of a 19-year-old Cypriot hacker are still unknown, as the FBI is seeking extradition to the US in connection with wire fraud and his lawyers are fighting to keep him in local courts...
https://knews.kathimerini.com.cy/en/comment/opinion/no-more-pretexts
The world will never be the same since Donald Trump was installed in the White House. In a sense, his election was unavoidable. Not because matters became unbearable in the last 30 years after the fall of the communist system in Europe. Rather, it was because they became in a way unnatural....
https://knews.kathimerini.com.cy/en/comment/opinion/the-positions-of-syriza-new-democracy-and-our-allies
Diplomats, analysts and officials from international institutions visiting Greece have a hard time understanding and assessing what in their eyes appears to be a bizarre political reality....
https://knews.kathimerini.com.cy/en/news/dherynia-mayor-appalled-at-checkpoint-backlash
Dherynia Mayor Andreas Karayiannis says his constituents are appalled at groups and politicians protesting against the opening of a checkpoint in their area, despite delays making the crossing an unlikely scenario this summer...
https://knews.kathimerini.com.cy/en/news/unsc-expected-to-renew-unficyp-despite-pressure
Despite pressure to cut back on peacekeeping missions worldwide, it appears the UN Security Council will most likely vote to renew UNFICYP in Cyprus for another six months...
https://knews.kathimerini.com.cy/en/business/bank-of-cyprus-sells-uk-subsidiary
The Bank of Cyprus Financial Services is being sold to Cynergy Capital, as the BoC walks away from the UK to put more focus on performance in a rebounding Cypriot economy...
https://knews.kathimerini.com.cy/en/news/house-approves-state-guarantees-in-co-op-deal
The House passed legislation Sunday night in favour of providing state guarantees to Hellenic Bank in its acquisition of Cyprus Cooperative Bank’s healthy portfolio...
https://knews.kathimerini.com.cy/en/business/leoni-paraskevaides-takes-over-j-p-overseas
There are new developments in the J&P Overseas saga in Riyadh, with the Cypriot company solidifying its leadership following an internal and legal battle that now appears to be over...
https://knews.kathimerini.com.cy/en/news/co-op-investigators-can-look-as-far-back-as-they-want
The newly-assigned co-op investigators, handpicked by the attorney general to look into the recent troubled past of the Cyprus Cooperative Bank, will have no time limits in what events they choose to examine...
https://knews.kathimerini.com.cy/en/news/bad-loans-revive-mp-financial-disclosure-debate
A ruthless debate is picking up steam among members of parliament following public discussion and media coverage that raises the issue of conflict of interest ahead of a crucial vote on bad loans...
https://knews.kathimerini.com.cy/en/news/ag-names-investigators-to-comb-though-entire-co-op
A former judge, an economist, and a banker will make up the executive committee that will investigate any suspicious dealings that took place in the troubled Cypriot co-op...
https://knews.kathimerini.com.cy/en/news/nicosia-helps-refugees-gain-better-skills
Nineteen refugees, migrants, and asylum seekers came together in Strovolos on Sunday, as part of the “Colourful Societies” programme that helps foreigners integrate socially and gain job skills...
https://knews.kathimerini.com.cy/en/news/son-faces-manslaughter-in-mother-s-death
A man who savagely attacked his mother earlier this year is facing manslaughter charges, following her death on Sunday after being on life support for several months...
