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241. Finance Minister: Slogans and populism do not create jobs

242. Hellenic Bank’s Economic Review

243. Shell companies ''This is over, its finished''

244. New directive on shell companies improves anti-money laundering practices

245. Economic growth in Cyprus remains strong

246. Fitch Ratings upgrades Cyprus to investment grade

247. 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....

248. Fitch Ratings upgrades Bank of Cyprus

249. Cyprus issues sovereign bond, draws €1.5 billion at 2.4%

250. Cyprus back into investment grade

Cyprus got its investment worthiness stripes back on Friday as Standard & Poor’s raised the country’s credit grade from BB+ to BBB- with a stable outlook, five years following a devastating financial collapse...

251. Turkish Lira rallies as central bank raises interest rates to 24%

252. After Toskas departure, PM looks to government reshuffle

Following the departure of Citizens’ Protection Minister Nikos Toskas from the government – a delayed response to the fatal wildfires that ravaged Attica last month – Prime Minister Alexis Tsipras is said to be mulling a more sweeping overhaul of his cabinet in a bid to appease public discontent and signal that his administration is robust ahead of anticipated snap polls next spring....

253. 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...

254. Ties with Moscow under strain after Athens expels diplomats

The outlook for bilateral ties between Greece and Russia was unclear on Wednesday amid tensions prompted by Greece’s decision to expel two Russian diplomats who are alleged to have sought to intervene in domestic affairs and national security....

255. Government exploring ways to suspend pension cuts

The government is hoping that surpluses at the Single Social Security Entity (EFKA) will allow the non-implementation of pre-legislated pension cuts on January 1 next year....

256. Erdogan plans visit to north Nicosia

Turkish President Tayyip Erdogan will visit Turkish Cypriots in north Nicosia on July 9, marking his first trip overseas following his victory in a watershed election...

257. Erdogan slams rating agencies for upgrading 'bankrupt' Greece

Turkish President Recep Tayyip Erdogan took a fresh swipe at rating agencies on Friday over the recent downgraded and the negative outlook they have assigned for the Turkish economy, using “bankrupt” Greece as an example....

258. Bank of England keeps powder dry on rate rise

The Bank of England held interest rates and said weak growth during a snowy start to 2018 was likely to be only temporary, but it wanted to see a pick-up in the economy in the next few months before raising borrowing costs...

259. Hawaiians brave volcanic lava to rescue their pets

Lava spewing in fountains up to 90 meters high from an erupting Hawaiian volcano has destroyed 35 homes and other buildings, officials said, warning residents allowed brief visits to their properties to be prepared to flee at a moment’s notice...

260. Experts says Cyprus economy to grow by 3.8% this year

The Cypriot economy will pick up momentum in 2018, the University of Cyprus’s Economic Research Centre predicts, upgrading its growth forecast to 3.8% compared with its previous projection of 3.6%. ...

261. EU predicts strong growth as unemployment declines

The Commission foresees a "strong growth momentum continuing" in the coming years, but warned of risks widening...

262. 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...

263. ENI committed to Cyprus despite Turkish threats

Italian energy giant ENI said on Wednesday it was committed to exploring for natural gas offshore Cyprus despite efforts by Turkey to block drilling earlier this year...

264. Cyprus recovery is being recognised by international agencies

Fitch does not currently anticipate developments with a high likelihood of leading to a downgrade...

265. Britain hotter than Cyprus as temperatures soar

Britain was warmer than popular holiday hotspots including the Costa Del Sol, parts of Cyprus and Greece as the mercury reached 27C - making it the hottest day so far...

266. IMF projects Cyprus GDP growth to exceed 4% in 2018-19

According to the forecasts included in the WEO, based on previous assessments, the Cypriot economy is expected to record a growth rate of 3.6% in 2018 and 3% in 2019 - lower than last year's 4% and the IMF prediction...

267. Netflix programming binge pays off with subscriber surge

Netflix says it will spend up to $8 billion on global TV shows and movies in 2018...

268. Fitch upgrades Bank of Cyprus covered bonds to 'BBB'

Fitch Ratings has upgraded Bank of Cyprus` outstanding €650 million conditional pass-through (CPT) covered bonds to `BBB` from `BBB-` with a stable outlook, the international credit rating agency has said in a press release....

269. Cypriot firm signs $4.2 billion Zimbabwe platinum deal

It is the largest investment structure in the country’s mining industry in Zimbabwe...

270. Moody's sees robust economic recovery helping Cypriot banks

It expects that banks will continue to make progress on restructuring troubled loans and selling real-estate collateral...