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1291. Cobalt expresses regret as airline ceases operations

Travelers who were scheduled to fly back on Cypriot carrier Cobalt Air will have to get their own one-way return tickets, following a company decision to ground all its flights...

1292. Tus Airways in financial difficulties

1293. Cobalt Air to change ownership

1294. Opinion: Reaction over US evacuation helicopters in Cyprus unjustified

1295. Alpha Bank celebrated the Customer Service Week by rewarding its Customers

Alpha Bank participated for one more year in the Customer Service Week – the international institution celebrated in more than 60 countries to highlight the significance of high-level customer service in successful business operations...

1296. Ticking bombs

1297. Astrobank in talks to buy National Bank of Greece Cyprus unit

1298. Opinion: Cyprus heaven bashing must end

1299. Anastasiades deeply concerned about Cyprus talks

1300. Hurricane Xenophon eyes Greece

1301. Limassol port yields €67 million

1302. Institutions are testing the resilience of Cypriot society

1303. EU Commissioner for Competition Margrethe Vestager visits Cyprus

1304. Hellenic mulls over selling delinquent loans

Hellenic Bank posted a €35 million net profit for the first half of 2018, with the bank’s CEO Ioannis Matsis stating that the bank is ready to launch a tender for the sale of a portfolio of non-performing exposures within the next six months...

1305. Russia, Iran and Turkey have different visions for Syria but all three face US sanctions

1306. Cyprus prepares new tourism body launch

A deputy tourism ministry is set to start operations by 2 January 2019, a long-awaited move expected to modernise Cyprus’ tourism industry...

1307. Private schools unaffected by labour dispute

1308. Hellenic takes on 400,000 new customers

Hellenic Bank is taking on 400,000 new customers, leaving bad debt behind in the acquisition of healthy parts of state-owned Cyprus Cooperative Bank...

1309. 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...

1310. Stephen Lillie: There is only plan A for Cyprus

There is a clear plan A for Cyprus, that of a bi-zonal, bi-communal federation solution, and there is no plan B, UK High Commissioner in Nicosia, Stephen Lillie, has told the Cyprus News Agency (CNA), stressing that “for plan A to succeed the negotiations need to be well prepared, and the public opinion needs to be well prepared” as well....

1311. ARIS celebrates six month anniversary

ARIS, which stands for A Really Inspiring Space, opened its doors to its first resident startups in February 2018. Last Monday, on the 6th of August, the achievements of those startups were celebrated during a summer networking event entitled “Creating Value Through Innovation, in an Ever Changing Global Environment”...

1312. The state we’re in

A great European leader – and a true friend of Greece – once said that Greeks were a great nation, but their state is a mess....

1313. Security Council renews UNFICYP mandate

The Security Council authorized a six‑month mandate renewal for the United Nations Peacekeeping Force in Cyprus (UNFICYP) on Thursday, unanimously adopting resolution 2430 (2018)...

1314. ECB lowers emergency funding cap for Greek banks to 8.4 bln euros

The European Central Bank lowered the ceiling on emergency liquidity assistance (ELA) Greek banks draw from the domestic central bank by 1.9 billion euros to 8.4 billion euros, the Bank of Greece said on Thursday....

1315. Nissi Beach is CNN Travel's July pick

Nissi Beach is recommended this month by CNN Travel as one of a handful of global destinations for July beachgoers, certifying once more that Ayia Napa remains on the world map when it comes to beach summer fun...

1316. Moody’s says BoC 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...

1317. 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...

1318. 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...

1319. 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...

1320. 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...