https://knews.kathimerini.com.cy/en/business/parsimonious-northerners-are-the-euro-s-biggest-winners-study-shows
Germany and the Netherlands have benefited enormously from the euro over the 20 years since its launch, a study has found, while for almost every other member the single currency has been a serious drag on economic growth....
https://knews.kathimerini.com.cy/en/news/cypriot-bond-yields-tumble-after-stellar-bond-sale
https://knews.kathimerini.com.cy/en/news/cyprus-s-first-private-power-station-to-reduce-electricity-prices
https://knews.kathimerini.com.cy/en/news/germania-airline-files-for-bankruptcy-halts-flights
https://knews.kathimerini.com.cy/en/news/cyprus-prepares-to-tap-international-markets-after-early-repayments
https://knews.kathimerini.com.cy/en/news/merkel-expresses-support-for-reform-effort-prespes-deal
On her first visit to Athens in four years, German Chancellor Angela Merkel on Thursday expressed her support for the Prespes name deal as well as Greece’s ongoing economic reform efforts, saying the country was entering a new phase....
https://knews.kathimerini.com.cy/en/news/uk-shipping-firm-p-o-re-flagging-two-vessels-to-cyprus-ahead-of-brexit
https://knews.kathimerini.com.cy/en/news/cbc-introduce-sharpers-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...
https://knews.kathimerini.com.cy/en/news/lng-to-diversify-cyprus-energy-market
https://knews.kathimerini.com.cy/en/news/eu-commission-earmarks-€34-5-million-for-turkish-cypriots
https://knews.kathimerini.com.cy/en/news/four-busted-in-limassol-co-op-bank-fraud
Four people have been arrested in connection with financial irregularities at a Limassol credit union of the Cyprus Cooperative Bank...
https://knews.kathimerini.com.cy/en/business/nicosia-mall-press-release
The largest shopping center in Cyprus, opened its doors to members of the press, offering a preview of its remarkable spaces for the first time. Visitors had the chance to experience all the modern shopping retreat has to offer, with over 150 units, an open-air plaza and space for 1.700 vehicles, including smart parking...
https://knews.kathimerini.com.cy/en/news/vehicles-block-repossessing-of-cobalt-planes
Pilots from the US, who came to Cyprus to repossess planes leased to Cobalt, were not allowed to fly them out, with the governments of the two countries being called to weigh in...
https://knews.kathimerini.com.cy/en/news/nicosia-pleads-with-athens-over-energy-linkup
https://knews.kathimerini.com.cy/en/business/cysec-financial-crime-has-no-place-in-cyprus
https://knews.kathimerini.com.cy/en/news/fitch-ratings-upgrades-cyprus-to-investment-grade
https://knews.kathimerini.com.cy/en/news/cobalt-cancels-all-flights
Travelers who were scheduled to fly back on Cypriot carrier Cobalt Air will have to get their own one-way return tickets, following a company decision to ground all its flights...
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/business/unions-okay-with-ccb-severance-package
Union employees at Cyprus Cooperative Bank have agreed to sign up on a severance package plan this summer, ahead of a takeover by Hellenic Bank, saying it can contribute to labour peace...
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/business/cbd-bank-fined- €715-000-for-non-compliance-of-anti-laundering-rules
The Central Bank of Cyprus announced Tuesday that it has imposed a fine amounting to €715,000 on the Cyprus Development Bank Ltd due to non-compliance with anti-laundering laws and directives...
https://knews.kathimerini.com.cy/en/news/akinci-says-east-med-pipeline-not-a-route-for-peace
Turkish Cypriot leader Mustafa Akinci says plans to push forward for the EastMed pipeline are counter to peace efforts in the region, adding that an energy solution which excludes Turkey would be a mistake...
https://knews.kathimerini.com.cy/en/news/cyprus-greece-israel-recommit-to-a-way-forward
President Nicos Anastasiades says a ‘code of conduct’ has been established between Cyprus, Greece, and Israel, following the completion of a trilateral meeting in Nicosia that yielded a long declaration and paved the way for another meeting before the year is out to discuss an ambitious EastMed pipeline...
https://knews.kathimerini.com.cy/en/news/us-treasury-assistant-secretary-encouraged-by-meetings-in-cyprus
The United States have been encouraged by the commitments made by Cypriot officials in the framework of meetings US Department of the Treasury Assistant Secretary for Terrorist Financing Marshall Billingslea held on Friday and will continue to work with Cyprus to combat corruption, money laundering, and other financial threats....
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/comment/upgrading-greece-s-f-16-fighter-jets
Lawmakers are awaiting a joint report by the State and Defense departments on how the country can help Greece upgrade its existing F-16 fleet...
https://knews.kathimerini.com.cy/en/news/french-ex-president-sarkozy-in-custody-in-campaign-funding-probe
France opened a judicial inquiry in 2013 into allegations that Sarkozy’s successful 2007 election bid benefited from illicit funds from late Libyan leader Gaddafi...