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511. End of an era might be near for UNFICYP warns Cyprus negotiator

512. Police in north say drug dealers fly drones from south

Turkish Cypriot police say an unmanned aerial drone was used in a recent drug deal in the north, citing security camera footage showing a recent delivery from the south...

513. 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...

514. Global jitters hit Greek bonds

Just days before Greece is to emerge from its international bailouts, upheaval in international markets took a toll on Greek bonds on Thursday, driving yields up above 4 percent....

515. Customers duped by Larnaca travel agent

Police are searching for a Larnaca woman following over a dozen complaints from people who say they were duped by a travel agent into pre-paying for their holiday packages...

516. Larnaca resident behind global online scam

A global network of online scammers has been dismantled, with the brain of the operation arrested in Larnaca in connection with €18 million worth of damages caused by internet fraud...

517. Unions okay with CCB severance package

Union employees at Cyprus Cooperative Bank have agreed to sign up on a severance package plan this summer, ahead of a takeover by Hellenic Bank, saying it can contribute to labour peace...

518. Search continues as wildfires death toll climbs to 80

Rescue crews Wednesday continued to search the seaside areas northeast of Athens that were the worst affected by wildfires to locate any further victims, as the official death toll rose to 80...

519. Unions to discuss CCB severance offer

The Cyprus Cooperative Bank is making another effort to strike a deal with unions in order to get 900 employees agree to walk away...

520. NETFLIX is king

The complete list of nominees for the best in television released for the 70th annual Primetime Emmy Awards reflects the new age of entertainment by streaming...

521. Cyprus recalls ICELAND mixed veggies

The government has issued a food alert, recalling a specific brand of frozen mixed vegetables due to the possibility of being infected by bacteria that can cause food poisoning, just one week following another company recall for the same reason...

522. 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....

523. 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...

524. Cabinet okays homeowner plan ahead of crucial House session

The Cabinet approved on Tuesday the “Estia” scheme aimed at addressing the high volume of non-performing loans in the Cypriot banking sector, but time is running out as a crucial legislation package on bad loans is also up for a vote on Friday...

525. 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...

526. 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...

527. 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...

528. Co-Op deal with Hellenic still up in the air

The government is running against the clock with bad loans legislation, which would include a bill approving state guarantees for Hellenic Bank to absorb potentially high-risk loans in co-op takeover...

529. 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...

530. 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...

531. UN sending envoy to Cyprus for consultations

UN Secretary General Antonio Guterres is sending a special envoy to Cyprus in the coming weeks, hoping to get crystal clear views from both sides in order to assess whether or not a new push for peace is possible...

532. 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...

533. Turkish aid to north comes to 430 million

The Turkish Cypriot economy is expected to get a boost from Turkish aid in 2018, with approximately €430 million being spent in different areas of the self-declared state in the north...

534. IMF, Berlin still divided over Greek debt but progress in sight

A meeting of the so-called Washington Group – representatives of Greece’s creditors as well as the governments of Germany, France, Spain and Italy, the biggest eurozone economies – failed to break a deadlock over the Greek debt as the International Monetary Fund and Berlin remain divided on the length of an upfront extension on bailout loans....

535. Greece's Souda Bay naval base is ‘world-class’

Greece’s military base in Souda Bay, Crete, is an “essential hub” for NATO operations in the Mediterranean, combining world-class facilities with access to North Africa, the Commander of Allied Joint Force Command Naples and US Naval Forces Europe and Africa, US Navy Admiral James Foggo....

536. TUI plans to bring more German tourists to Cyprus

TUI holiday operator hopes to bring more German tourists to Cyprus next year, starting in the summer of 2019 while boosting efforts to make the island an all-year-round destination...

537. Turkey seeks new path in Cyprus talks

Turkish Cypriot leader Mustafa Akinci is on the receiving end of new criticism from Turkey and Turkish Cypriot politicians, following his remarks on a highly contested UN framework for Cyprus peace...

538. Cypriot leaders test each other's readiness for talks

The two Cypriots leaders are opening their cards this week in a very public way, with one calling on the other to demonstrate readiness to restart peace talks in what some describe as a politically difficult period...

539. Russian message said 'package has been delivered' before spy attack

Yulia and Sergei Skripal are recovering following Novichok attack in Salisbury...

540. Bad loans still high despite fast economic growth

Cyprus' economic growth has been supported by construction, tourism and professional services...