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3781. Johnson pushes the eject button right after Davis

Two leading eurosceptic ministers have quit British Prime Minister Theresa May’s cabinet, calling into question her ability to deliver the vision of continued close ties with the European Union that she said they had agreed to last week...

3782. President thanks parliamentary caucus for Sunday votes

President Nicos Anastasiades praised the ruling and opposition parties for approving state guarantees for Hellenic Bank as well as passing new foreclosure and bankruptcy laws, adding he would not respond to criticism...

3783. 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...

3784. Over 40 degrees here to stay all weekend

3785. Cyprus recalls unsuitable medical drugs

A number of high blood pressure and heart drugs containing an ingredient made in China are being recalled across Europe after officials discovered an impurity that may cause cancer...

3786. House shifts into gear with Sunday bad loans session

It will be a long weekend for the House finance committee, which will hold emergency sessions ahead of a crucial Sunday vote on bad loans and state guarantees for Hellenic Bank...

3787. Cypriot drug companies accused of price gouging

A patients advocate group is accusing pharmaceutical agents of jacking up prices of non-prescription medication to cover their losses following mandatory price drops in certain prescribed medicines...

3788. Poor maintenance suspected in EAC fatal accident

Officials are not ruling out poor maintenance of equipment in the death of an EAC worker, who was killed in a boom lift accident Monday while trying to cut tree branches...

3789. Forty degree weather to last through Saturday

Cyprus Weather Service issued a Yellow Weather Alert for Wednesday from 11am until 6pm due to very hot weather, with temperatures expected to reach 40 degrees around the capital...

3790. 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...

3791. Registration now open for 2nd Cyprus Open Data Hackathon

The 2nd Cyprus Open Data Hackathon will take place on 15-16 September 2018 in Limassol at ARIS, co-organized by the Innovation and Entrepreneurship Centre of Deloitte, the Public Administration and Personnel Department of the Ministry of Finance and Hack Cyprus. ...

3792. House prepares to define good and bad borrowers

The distinction between responsible and irresponsible borrowers is at the forefront of heated debate this week, with Presidential Palace and Parliament scrambling to strike balance ahead of a crucial vote...

3793. Government welcomes Diko support on bad loans

The Cyprus government says it can work with opposition centrist party Diko to pass much needed comprehensive legislation on bad loans that would also pave the way for a co-op deal to go forward...

3794. EAC worker falls to his death in Larnaca

An EAC worker in Larnaca was killed Monday morning in a boom lift accident, when the man fell to his death from several metres high...

3795. 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...

3796. AG names investigators to comb though 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...

3797. EU leaders under pressure to curb migration

European Union leaders meet in Brussels on Thursday to agree new measures to restrict arrivals across the Mediterranean as growing popular discontent over immigration puts pressure on governments from Germany to Italy....

3798. Co-Op deal with Hellenic still up in the air

The government is running against the clock with bad loans legislation, which would include a bill approving state guarantees for Hellenic Bank to absorb potentially high-risk loans in co-op takeover...

3799. Missing British girl found safe and sound

3800. Missing UK girl could be in Cyprus

An 11-year-old British girl, Phoebe Collorick, has been reported missing and there are reports she was last seen in Ayios Epiktitos/Catalkoy in the northern part of Cyprus...

3801. ND: Tsipras's 'delusions' delayed debt deal by four years

Commenting on the debt deal for Greece secured at the Eurogroup summit early on Friday, conservative New Democracy said that agreement could have been achieved in 2015 if Alexis Tsipras, then opposition leader, had not been "peddling his delusions on the backs of Greek citizens."...

3802. UK minister visits Cyprus to touch base

British Minister of State for the Armed Forces Mark Lancaster is on a two day visit on the island to help strengthen defence cooperation between his country and the Republic of Cyprus...

3803. ESM warns Cypriot banks of quick fixes

The European Stability Mechanism warns Cyprus that despite a recent decline in non-performing loans (NPL), the banking sector remains vulnerable due to weak profitability and a still high NPL ratio...

3804. Ousted far-right MP to appear before examining magistrate over coup remarks

The ousted Golden Dawn MP Constantinos Barbarousis, who is accused of treason, will appear before an examining magistrate on Wednesday to explain his remarks during a parliamentary debate last Friday, when he called for a military coup....

3805. Turkish court rejects fourth appeal for release of Greek soldiers

A court in the northwestern Turkish province of Edirne on Tuesday rejected for the fourth time an appeal to release from pre-trial detention two Greek servicemen who have been imprisoned in the country since early March, after they accidentally crossed into the neighbouring country, Greek TV broadcaster Skai reported....

3806. 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...

3807. Friends say goodbye to Ioannis at Limassol pier

Friends of 18-year-old Ioannis Asikkis, who died Thursday from a drug overdose, were to meet Friday evening at Limassol’s pier to say goodbye on what would have been his 18th birthday...

3808. Greek Cypriot drivers cross north to fill ’er up

Greek Cypriot gas station owners are feeling the squeeze as many vehicle owners cross north to get petrol, causing up to 70% losses in the south...

3809. Irish student’s death shocks community back home

There are still questions over the death of a young Irish national in Ayia Napa, who appears to have fallen to his death early Sunday, sending shockwaves in his local community back home...

3810. Officials say hot weather manageable so far

Officials say a yellow weather warning on Saturday played a role towards helping reduce heat stroke incidents, with Sunday temperatures rolling back and a chance of rain showers Monday and Tuesday...