https://knews.kathimerini.com.cy/en/news/moody-s-says-bank-of-cyprus-better-off-after-uk-sale
Rating Agency Moody’s has described the sale of Bank of Cyprus UK as credit positive, noting that the sale would place Bank of Cyprus in a better position to focus on reducing its domestic high stock of problematic loans...
https://knews.kathimerini.com.cy/en/news/cyprus-and-israel-talk-fire-and-water
Israel and Cyprus agreed to develop further their cooperation in water management and firefighting, two areas in which both countries face similar challenges...
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/citizen-service-centres-cancel-monday-strike
The Citizen Service Centres around the island will not be closed Monday morning after all, but employees say they are swamped with MIG welfare recipients and so they will accept application forms but won't not answer MIG questions...
https://knews.kathimerini.com.cy/en/news/two-district-workers-arrested-in-limassol-fire
Police arrested two employees of the Limassol District Administration in connection with a fire, which broke out while fire fighters were battling another fire elsewhere...
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/government-cuts-red-tape-on-traffic-camera-plans
The President’s Cabinet is cutting red tape when it comes to traffic cameras, in an effort to have a system installed sooner than later...
https://knews.kathimerini.com.cy/en/news/greece-to-extradite-georgian-suspected-crime-boss-to-france
Greek authorities have agreed to extradite to France the Georgian suspected head of an international crime ring specializing in robberies and burglaries....
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/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...
https://knews.kathimerini.com.cy/en/news/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...
https://knews.kathimerini.com.cy/en/news/first-casino-in-the-republic-opens-its-doors
The first casino in the Republic of Cyprus opened its doors Thursday in Limassol on a temporary basis, until the City of Dreams Mediterranean resort goes into operation in 2021, while other towns will operate satellite casinos soon...
https://knews.kathimerini.com.cy/en/business/holiday-inn-nicosia-under-new-ownership
Holiday Inn Nicosia is coming under new ownership, after Greek company NBG Pangaea shelled out two thirds of the total price of €11.2 million...
https://knews.kathimerini.com.cy/en/news/limassol-fire-attributed-to-human-factor
Authorities believe human factor was involved in the Sykopetra fire on Tuesday, which burned down trees and vegetation in the Limassol district until fire fighters and aircraft were able to put it out...
https://knews.kathimerini.com.cy/en/business/g-a-p-vassilopoulos-group-strikes-a-deal-with-ups
G.A.P. VASSILOPOULOS Group has entered into an agreement to be the authorized service contractor for UPS in Cyprus as of July 1st 2018...
https://knews.kathimerini.com.cy/en/news/bodyguards-deported-on-public-safety-grounds
Cyprus Immigration deported four security guards following an executive decision by Police Chief Zacharias Chrysostomou, while the usual suspects are facing repeated searches and charges ranging from illegal possession to unlawful security cameras...
https://knews.kathimerini.com.cy/en/news/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...
https://knews.kathimerini.com.cy/en/news/suspected-arsonist-arrested-in-tylliria-fire
Police arrested a 35-year-old man suspected of arson in a large forest fire in Tylliria that was put out after midnight, while planes from Greece and Israel are on standby...
https://knews.kathimerini.com.cy/en/news/suspected-paphos-arsonist-released-from-custody
A 58-year-old suspected arsonist, who was released from custody Tuesday, will still face charges in connection with a Monday fire in Trachypedoulas...
https://knews.kathimerini.com.cy/en/news/noratlas-replica-finds-its-way-to-makedonitissa
The parts of a Noratlas plane arrived at Makedonitissa military cemetery on Monday, where they will be put back together in an exact replica of the aircraft that was shot down by friendly fire during a secret mission in 1974...
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/state-doctors-up-in-arms-over-medical-school
State doctors are once again speaking out against government efforts that would create proper medical schools in state public hospitals, with union representatives warning to take action...
https://knews.kathimerini.com.cy/en/news/casino-groundbreaking-a-historic-day-for-cyprus
President Nicos Anastasiades proclaimed Friday to be a “historic day” for Cyprus during the casino groundbreaking ceremony in Limassol, just weeks before a temporary facility opens its doors in the southern town....
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/paphos-mayor-issues-warning-to-police
Paphos Mayor Phedonas Phedonos has levelled new accusations against Cyprus police, pointing to a prison inmate abuse with hot water that was not reported as well as saying he has evidence that cops knew about secret drone operations while dismissing his allegations on the matter...
https://knews.kathimerini.com.cy/en/news/large-fire-burning-in-paralimni-residential-area
A large fire broke out in Paralimni with fire fighters and a police helicopter battling strong winds until finally putting it out....
https://knews.kathimerini.com.cy/en/news/kalogerides-fears-for-his-life-in-prison
A bank robbery suspect in Limassol fears for his life following his arrest, saying he is worried that the Russian ‘Vory v Zakone’ mafia is well connected on the island including inside the prison...
https://knews.kathimerini.com.cy/en/news/russian-tourist-found-dead-in-water-off-nissi-beach
The body of a Russian tourist vacationing in Cyprus was found Sunday morning off the coast in Ayia Napa, with authorities receiving a missing person report hours later...
https://knews.kathimerini.com.cy/en/news/turkish-ship-to-begin-drilling-for-gas-in-eastern-mediterranean
The Turkish drillship Fatih was to set sail on Thursday from the Gulf of Izmit for the eastern Mediterranean to begin exploration for oil and gas....
https://knews.kathimerini.com.cy/en/news/police-carry-out-overnight-sweep-in-limassol
A new large-scale sweep operation took place Wednesday night in Limassol district, with over 100 police officers conducting multiple searches and making arrests as part of an ongoing effort to combat organised crime...