https://knews.kathimerini.com.cy/en/news/odysseas-says-harris-was-being-stubborn
The auditor general is pointing fingers at the finance ministry’s handling of the Cyprus Cooperative Bank affair, telling an independent investigation committee that some actions were misleading...
https://knews.kathimerini.com.cy/en/news/teachers-regroup-ahead-of-big-demonstration
States teachers unions rejected over the weekend a government attempt to seek middle ground in budgeting exempted hours, saying they had nothing to do with the proposal and warning they would resist any change without mutual agreement...
https://knews.kathimerini.com.cy/en/news/court-ruling-stirs-turkey-tension
Greek-Turkish relations took a turn for the worse on Wednesday, with the Turkish Foreign Ministry and other senior officials accusing Athens of violating the Geneva Convention and of protecting terrorists....
https://knews.kathimerini.com.cy/en/news/over-a-thousand-employees-choose-co-op-buyout
Over a thousand employees at Cyprus Cooperative Bank signed up for a voluntary severance package, well above the target of 900 set by the bank ahead of a takeover by Hellenic Bank...
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/regling-says-greece-will-remain-linked-to-esm
Greece will be monitored more closely by the European Stability Mechanism (ESM) and the other institutions after its bailout ends six days from now compared to other countries that emerged from rescue programs, according to ESM chief Klaus Regling....
https://knews.kathimerini.com.cy/en/comment/opinion/2021-a-landmark-year
It won’t be long before 2021 is upon us. In three years’ time Greece will be celebrating the bicentennial of its war of independence against Ottoman rule. It will be a landmark anniversary and should be commemorated as such. All sorts of institutions, foundations and associations will host events which, combined with the state ceremonies, will lend a celebratory character to the occasion....
https://knews.kathimerini.com.cy/en/news/cyprus-hunters-form-party
A new group is knocking on the door of political lobbying in Cyprus, as organised hunters have taken all steps except formalities to join the political landscape...
https://knews.kathimerini.com.cy/en/news/reporter-fights-back-on-hate-speech
Journalists are calling on the state to curtail hate speech, following a death threat on social media against a local reporter...
https://knews.kathimerini.com.cy/en/news/teachers-up-in-arms-as-minister-rejects-ultimatum
Unions of state educators are fuming as Education Minister Costas Hambiarouis rejected their ultimatum to start dialogue from scratch in public school reform...
https://knews.kathimerini.com.cy/en/comment/opinion/holding-referendums-in-fyrom-and-greece
The Former Yugoslav Republic of Macedonia (FYROM) is moving ahead with preparations for its referendum on the name deal reached with Athens, which will pave the way for its induction to NATO and remove a major obstacle to the process for it to join the European Union....
https://knews.kathimerini.com.cy/en/comment/opinion/investing-in-knowledge
A growth rate of 1.9 percent is way too small for a country like Greece, especially as the rest of Europe’s performance is so much more robust. This is, after all, a country that shed 25 percent of its gross domestic product (GDP) in the course of a decade. What we should be seeing, therefore, is the effect of a tightly wound spring, whereby a virtuous cycle of growth begins and only gets faster with time. Instead, we’re hobbling along at 1.9 percent, the slowest rate an economy can achieve after hitting rock bottom....
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/erdogan-says-will-never-forget-those-who-embraced-coup-plotters
In a speech to a large crowd marking the second anniversary of a foiled military coup, Turkish President Recep Tayyip Erdogan declared that he would "never forget those who embraced the coup-plotters" in an apparent dig at Greece where eight Turkish servicemen have sought asylum....
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 ...
