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2101. Greece on the energy map with the support of big players

There has been a serious uptick in activity concerning the energy sector in the broader region in the past few months and Greece has a potentially pivotal role to play in developments....

2102. 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...

2103. Breathtaking video of Ancient Athens

2104. Open Data Hackathon Info Day

On 3 September 2018, the organizers of the 2nd Cyprus Open Data Hackathon held an Info Day for the competition at the premises of ARIS in Limassol...

2105. What’s on this week

If you can’t make it to Maastricht this Sunday, don’t panic. You can still go to Rialto Theatre in Limassol for an amazing live music experience. Also this week, learn Nicosia history, have fun at a fun concert, and get a tattoo for a good cause...

2106. Moody’s thumbs up to Bank of Cyprus bad loans sale

Moody’s credit rating agency says the recent sale of Non-Performing Loans by the Bank of Cyprus worth €2.8 billion is a positive step...

2107. Greek seamen to stage fresh 24-hour strike

Greek seamen have decided to stage a fresh 24-hour strike after their union on Monday rejected an offer for a 2 percent annual pay hike following negotiations with the sector’s employers, Kathimerini understands....

2108. Cyprus goes all out in the maritime insurance game

Cyprus has been a serious contender in the maritime and shipping industry, but recently it emerged as one of few unbeatable alternatives for big foreign P&I clubs looking to set shop home away from home...

2109. North arrests local man on espionage charges

A Turkish Cypriot has been arrested in the north on espionage charges, with police saying he was taking photos of military installations with the intention of handing them over to a Greek Cypriot contact...

2110. Bank of Cyprus gets rid of small business bad loans

The Bank of Cyprus says it has sold a portfolio of non-performing loans worth €2.8 billion to Apollo Global Management, a transaction that will reduce its stock of NPLs to €5.2 billion...

2111. Ozersay accuses south of putting the clamps on north

A Turkish Cypriot top official has accused the Foreign Ministry of the Republic of Cyprus of unfairly targeting the shipping industry and universities in the north at a time when there are calls for better relations between the two communities...

2112. Bank of Cyprus CEO stays put through 2020

Bank of Cyprus CEO John Patrick Hourican will stay in his current position through the end of 2020, following a decision by the executive board at the largest lending institution in Cyprus...

2113. Odysseas says Harris was being stubborn

The auditor general is pointing fingers at the finance ministry’s handling of the Cyprus Cooperative Bank affair, telling an independent investigation committee that some actions were misleading...

2114. May says sides need to build trust on Cyprus

The British Government continues to support a settlement in Cyprus, UK Prime Minister Theresa May told MP Theresa Villiers known for her opposition to security guarantees on the island...

2115. Prometheus sails into Limassol port

Navy enthusiasts will have a chance to go on board the Greek support ship HS Prometheus, which is making a stop in Cyprus this week...

2116. 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....

2117. Regling says Greece will remain linked to ESM

Greece will be monitored more closely by the European Stability Mechanism (ESM) and the other institutions after its bailout ends six days from now compared to other countries that emerged from rescue programs, according to ESM chief Klaus Regling....

2118. The mistakes of Greece’s creditors

A lot has been said about the mistakes made by Greece’s lenders during the bailout programs. The fact is they made many errors, including some serious ones. Meanwhile, Greek politicians were responsible for refusing to take ownership of the required reforms and failing to reach a degree of basic consensus. ...

2119. Britain’s Cypriot dialect under pressure

London, 1990. Six-year old Skevi, of Cypriot background, was late for class at her Greek community school, which left her unable to find somewhere to sit....

2120. 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...

2121. Divers pull body out of water in fire-ravaged east Attica

Greek coast guard officials with the help of divers on Monday pulled an unidentified body out of the water near Kokkino Limanaki in east Attica, an area ravaged by a deadly blaze a week ago. ...

2122. 'Mamma Mia!' Sing-along returns with star-studded sequel premiere

Amid olive trees and plenty of ABBA tunes, the musical world of "Mamma Mia" took over a London theatre on Monday for the film sequel’s world premiere with Oscar winner Meryl Streep and pop diva Cher among the attendees....

2123. Dozens of Attica beaches found unfit for swimming

Seventy-one out of 323 beaches inspected by the Panhellenic Center for Ecological Research in the Greek capital’s Attica region were found unfit for swimming, with low cleanliness scores going to popular spots like Loutsa, Oropos and Schinias....

2124. Pictures of the royal family were released following Prince Louis’ christening

The four portraits were taken after Prince Louis’ christening in The Chapel Royal at St James’ Palace this past Monday, July 9....

2125. President thanks parliamentary caucus for Sunday votes

President Nicos Anastasiades praised the ruling and opposition parties for approving state guarantees for Hellenic Bank as well as passing new foreclosure and bankruptcy laws, adding he would not respond to criticism...

2126. Ayia Napa marina fully ready in July 2019

It won’t be until end of 2021 when the twin towers in Ayia Napa will be completed, but boats and private yachts will be able to dock at the marina by next summer, giving the area a head start in the game...

2127. 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...

2128. 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...

2129. Overall retail rise not overshadowed by slight drop

Retail trade volume in Cyprus dropped by 0.8% in April 2018 compared to March, but rose by 5.8% since a year ago...

2130. 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...