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/news/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...
https://knews.kathimerini.com.cy/en/news/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...
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/business/cyprus-to-crackdown-on-shell-companies
The Central Bank of Cyprus has just made it harder for brokers to set up front companies on the island, following pressure from US officials who say more needs to be done to combat money laundering...
https://knews.kathimerini.com.cy/en/news/probe-countdown-begins-for-cyprus-co-op-debacle
Attorney General Costas Clerides is moving forward with the launching of an investigation into possible offences at the Cyprus Cooperative Bank, in connection with bad loans worth €7.5 billion...
https://knews.kathimerini.com.cy/en/news/co-op-bankers-plead-not-guilty-in-unsecured-loans-scandal
Senior co-op executives pleaded not guilty to fraud charges in connection with a banking scandal where loans worth millions were given out without due process...
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/name-deal-sparks-acrimony-in-greece-fyrom
Greece’s political parties are on a collision course over the name deal struck with the Former Yugoslav Republic of Macedonia (FYROM) after New Democracy filed a no-confidence motion challenging Prime Minister Alexis Tsipras’s right to strike the agreement, given the objections of the coalition’s junior coalition partner, Independent Greeks (ANEL)....
https://knews.kathimerini.com.cy/en/business/hellenic-moments-away-from-ccb-offer
The privatisation deal for Cyprus Cooperative Bank could be moments away, with Hellenic Bank putting the finishing touches on the final makeup of its new shareholder base...
https://knews.kathimerini.com.cy/en/news/kisa-sees-institutional-racism-in-ham-and-pasta-arrest
Human rights group KISA is pointing to institutional racism over the recent arrest of an asylum-seeker and single mother on theft charges, calling for an investigation into how state authorities treat refugees who are vulnerable members of society...
https://knews.kathimerini.com.cy/en/news/publicising-court-rulings-blocked-due-to-gdpr
The Supreme Court has decided to block the publicising of court rulings until special legislation can be enacted that would comply with the EU General Data Protection Regulation...
https://knews.kathimerini.com.cy/en/news/audit-report-on-ccb-made-public-amid-negotiations
An audit report on the Cyprus Cooperative Bank (CCB) was made public on Friday, amid negotiations between the Co-op and its two bidders, making recommendations for improvement but also criticising the institution on a number of decisions...
https://knews.kathimerini.com.cy/en/news/catholic-archbishop-convicted-in-australia-of-concealing-child-sex-abuse
An Australian archbishop was found guilty on Tuesday of concealing child sex abuse by a priest, which Australian media said it made him the most senior Catholic in the world to be convicted on such a charge...
https://knews.kathimerini.com.cy/en/business/tsipras-says-greece-will-meet-fiscal-targets-with-no-fiscal-gap-in-2018-9
Greece and its foreign creditors agreed that the country will meet its fiscal targets in the coming years and there will be no fiscal gap in 2018 and 2019, Prime Minister Alexis Tsipras told his cabinet ...
https://knews.kathimerini.com.cy/en/business/russian-dirty-money-flowing-through-london-damages-uk
Russian money hidden in British assets and laundered through City of London financial institutions damages the government’s efforts to take a tough stance against Moscow’s aggressive foreign policy, a committee of lawmakers said...
https://knews.kathimerini.com.cy/en/life/harry-and-meghan-seal-it-with-a-kiss
Britain’s Prince Harry and American actress Meghan Markle were pronounced husband and wife on Saturday by the Archbishop of Canterbury in a glittering union that brought a measure of modern Hollywood glamour into the 1,000-year-old monarchy...
https://knews.kathimerini.com.cy/en/news/elusive-mideast-peace-grows-more-remote-with-jerusalem-embassy-move
The move of the U.S. Embassy in Israel to Jerusalem, coupled with the killings of dozens of Palestinian protesters , makes the odds of a U.S.-brokered peace even more remote, analysts said....
https://knews.kathimerini.com.cy/en/business/co-op-receives-two-bids-in-good-bank-bad-bank-scenarios
The Cooperative Central Bank (CCB) announced on Monday it has received two bids as part of its privatisation process launched in March, with one bidder going after the ‘good bank’ scenario just as the European Commission approved the acquisition of Altamira Cyprus by a joint platform with CCB and one of the bidders...
https://knews.kathimerini.com.cy/en/comment/the-guards-are-waiting
Today, Greece is being run by a combination of “pink guards” officials of the old PASOK, friends and relatives...
https://knews.kathimerini.com.cy/en/news/chemical-attack-accusations-‘a-farce-assad-tells-kathimerini
In an exclusive interview with Kathimerini, Syrian President Bashar al-Assad denied that the Syrian Army used chemical weapons against civilians while taking aim at both Turkish President Recep Tayyip Erdogan and US President Donald Trump...
https://knews.kathimerini.com.cy/en/news/breast-cancer-screening-failure-may-have-shortened-270-lives-in-england
As many as 270 women’s lives may have been shortened after an IT failure in England’s breast cancer screening programme meant 450,000 patients were not invited for appointments...
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/crunch-year-in-cyprus-bid-to-become-regional-energy-player
Cyprus is ramping up efforts to become a regional energy player with 2018 seen as a critical year in deciding where it stands, Foreign Minister Nicos Christodoulides said in an exclusive interview with Kathimerini...
https://knews.kathimerini.com.cy/en/news/cut-and-ucy-among-top-10-in-new-europe
Two universities in Cyprus have been ranked second and third among best institutions from new EU member states, with institutions from 12 out of 13 countries making the list. ...
https://knews.kathimerini.com.cy/en/business/cyprus-is-open-for-business-and-china-s-buying
As US President Donald Trump builds barriers to Chinese trade, Cyprus is throwing open the gates...
https://knews.kathimerini.com.cy/en/business/one-in-five-financial-institutions-consider-cryptocurrency-trading
Banks are examining client interest and several hedge funds have tried their hand trading virtual currencies...
https://knews.kathimerini.com.cy/en/business/ecb-mulls-shelving-rules-tackling-eurozone-npls
The European Central Bank is considering shelving planned rules that would have forced banks to set aside more money against their stock of unpaid loans, after suffering a political backlash....
https://knews.kathimerini.com.cy/en/news/kammenos-to-be-summoned-over-botched-saudi-arms-sale
Leftist deputies on Thursday blocked another request from New Democracy and other opposition parties for government ministers and other officials to appear before Parliament’s Institutions and Transparency Committee to respond to questions about the botched sale of ammunition to Saudi Arabia....
