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1201. Banks have their recovery work cut out

The bank stock slump has gone on for too long and valuations are now exceptionally low, say senior credit sector officials in Athens. However, analysts questioned on the issue by Kathimerini say the problems that Greek lenders are facing will not be overcome quickly, justifying the pounding the sector has sustained on the Athens stock exchange....

1202. Opinion: Cyprus heaven bashing must end

1203. Nigerian in Paphos behind Spanish prisoner scam

The 35-year-old suspect in Paphos’ Spanish prisoner scam has been identified as a Nigerian national, who was arrested Thursday along with his 25-year-old girlfriend for swindling €117,000 out of a retired teacher...

1204. New details emerge in Larnaca abduction

Larnaca investigators have learned that the suspect in Tuesday’s kidnapping had carefully laid out an elaborate plan to divert attention from police moments before snatching the two school boys...

1205. AXIA Ventures Group receives Global Finance 2018 award

1206. Second arrest in Spanish prisoner scam

A second suspect is in police custody in Paphos in connection with a Spanish prisoner scam, where a 63-year-old woman was duped into wiring a total of €117,000 to a man she met online...

1207. Larnaca abductor says he did it for money

Crime investigators are revisiting the ransom scenario in the Larnaca abduction of two school boys, with the suspect claiming he did it for money despite lack of evidence pointing in that direction...

1208. Moody's keeps Greek rating unchanged at B3

Moody’s kept Greece's sovereign credit rating unchanged at B3, with a positive outlook, in a credit opinion it issued on Wednesday....

1209. Cops take two sisters off Nicosia streets

Two sisters from Romania have been identified as sex trafficking victims in Nicosia, after they were caught by police having sex in a public places in the eastern part of the city on Friday evening...

1210. Suspect on ‘most wanted’ arrested in the north

A Turkish Cypriot wanted by Interpol has been arrested in the north in connection with drug trafficking, theft, false imprisonment, and money laundering offences...

1211. Greek banks to chase borrowers who refused to open their accounts

Banks have firmly focused their attention on debtors who have resorted to the provisions of the so-called Katseli law – named after former economy minister Louka Katseli – for protection now that their bank account secrecy has been lifted....

1212. Cyprus bond achieves best borrowing rate in Euro era

1213. European Central Bank unveils new €100 and €200 banknotes

1214. Woman duped in 'Spanish prisoner' scam

Police arrested a 60-year-old Nicosia man Sunday evening on fraud charges in connection with an advance-fee scam, following a complaint filed by a 63-year-old teacher who says she was duped into wiring a total of €117,000...

1215. US warns Moscow is trying to buy off individuals and spread disinformation

1216. Teachers and government clash over strike

Union teachers decided Wednesday to go on a rolling strike, starting with a 48-hour industrial action next week while warning the government this is only the beginning...

1217. Suspects remanded in sex trafficking case

The five suspects detained Tuesday on sex trafficking charges, including three cops, have been remanded in custody while police did not rule out additional arrests pending the investigation...

1218. No paddles go up for Berengaria hotel

Despite a recent spike in interest for the auction of the abandoned Berengaria hotel in Cyprus, the historic building failed to draw bidders who would be willing to meet the minimum asking price of just over €2 million...

1219. Cyprus to take initiative on EU migration policy

Cyprus will be stepping up measures to address a recent increase in the flow of refugees and undocumented migrants to the island nation, including putting heads together with other Mediterranean countries...

1220. Announcement of Appointment of Director

The Management of K. Treppides & Co Ltd is pleased to announce the appointment of Mrs Maria Sourmeli as a Director of the Firm, with effect from 1st September 2018...

1221. Cabinet meets to address teacher crisis

The Cabinet is holding an emergency session Tuesday at noon to discuss the teacher crisis, with a whole host of problems in the backdrop including a slowdown by the unions...

1222. Latest boatload of refugees prompts Cabinet meeting

Twenty presumptive refugees, mainly women and children, arrived in the Republic of Cyprus on Monday, prompting a partial Cabinet meeting on Tuesday in the wake of recent undocumented arrivals...

1223. Teachers 'go slow' to show dissent

State teachers in public schools will take industrial action by ‘going slow’ in the first few days back to school, as unions seek a stronger mandate from members by asking them to approve a general strike...

1224. British pedo mom arrested in the north

A British woman is in police custody in the north, following accusations that she used her own children to make money illegally in online pornography...

1225. Education crisis at end of tether

Difficult days lie ahead in public education, with state teachers unions saying a last-minute proposal by ruling party Disy, at least at face value, is no different than the latest government measures already rejected...

1226. Teacher demo forces eleventh hour debate

The government is contemplating a suggestion that would allow proposed education measures to take hold but only through the end of the calendar year, in exchange of labour peace and talks with the teachers unions...

1227. Teachers march nine thousand-strong

Thousands of demonstrators descended on Presidential Palace Avenue on Tuesday, protesting a Cabinet decision to trim down the number of class-exempt teaching hours in state schools...

1228. Nicosia roads close as teachers march

Traffic police say there will be road closures in Nicosia on Tuesday late afternoon due to a scheduled teacher demonstration where thousands of educators are expected to join...

1229. Mueller has until Wednesday to decide on Cyprus counts

US special counsel Robert Mueller has until Wednesday to decide whether to retry Paul Manafort on charges involving Cyprus accounts that failed to yield a conviction after a holdout juror...

1230. Ozersay accuses south of putting the clamps on north

A Turkish Cypriot top official has accused the Foreign Ministry of the Republic of Cyprus of unfairly targeting the shipping industry and universities in the north at a time when there are calls for better relations between the two communities...