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661. Paphos bus drivers demand holiday bonus

Bus drivers working for Osypa in Paphos are descending on the capital Tuesday morning to demand their holiday bonus, with the government calling on the company to stick to the rules and not victimize its own staff...

662. EU Commission approves ESTIA scheme

663. Bloomberg reports on J&P Overseas downfall

664. Deutsche Bank headquarters in Frankfurt searched in panama papers probe

665. Bitcoin for payments a distant dream as usage dries up

666. Hellenic Bank’s Economic Review

667. Farmers cry foul in the buffer zone

Media reports in the south say a number of Greek Cypriot farmers have been provoked by Turkish military presence in the buffer zone in Denia, while details remain unclear over the incidents...

668. Grexit plan was no bluff, French ex-president tells Kathimerini

669. Tax declaration to become obligatory irrespective of income

670. Woman tells tax office how to reach dead grandpa

A Cypriot woman responded to a tax office letter addressed to a dead man, giving officials detailed instructions where exactly they could find her grandfather buried 30 years ago in a cemetery to collect unpaid taxes...

671. EU Parliament cancels €70 million earmarked for Turkey over rule of law conditions

672. Limassol port yields €67 million

673. Labour party plans to make companies transfer shares to workers

674. INTERVIEW WITH THE FRENCH MINISTER OF FOREIGN AFFAIRS

675. British Airways suffers embarrassing data breach

Financial information of potentially hundreds of thousands of British Airways customers has been stolen, during a data breach affecting online payments made through the UK flagship carrier’s website...

676. 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...

677. Cyprus-based company bids for Serbian copper

A Cyprus-based company is among three bidders trying to strike a partnership with Serbia’s only copper mine and smelter...

678. 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...

679. 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...

680. Hot weather still a Cyprus gold mine

Inbound visitors drawn to the island spend more money than what outbound locals spend overseas, and a study says it is because of the warm climate...

681. Cyprus Tax Webcast July 2018

Watch the new Deloitte Tax Webcast for July 2018 presented by Mr. Pieris Markou, Deloitte Tax & Legal Services Leader...

682. 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...

683. 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...

684. Johnson pushes the eject button right after Davis

Two leading eurosceptic ministers have quit British Prime Minister Theresa May’s cabinet, calling into question her ability to deliver the vision of continued close ties with the European Union that she said they had agreed to last week...

685. 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...

686. Leoni Paraskevaides takes over J&P Overseas

There are new developments in the J&P Overseas saga in Riyadh, with the Cypriot company solidifying its leadership following an internal and legal battle that now appears to be over...

687. 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...

688. 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...

689. ESM warns Cypriot banks of quick fixes

The European Stability Mechanism warns Cyprus that despite a recent decline in non-performing loans (NPL), the banking sector remains vulnerable due to weak profitability and a still high NPL ratio...

690. 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...