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61. Foreclosures suspended until the end of October 2022

The Cyprus Parliament on Thursday passed a bill suspending foreclosures until the end of October,...

62. Cyprus will request EC permission to implement mortage-to-rent scheme

Cypriot authorities plan to submit in June an official request to the European Commission for the implementation of a mortgage-to-rent scheme, aiming to address non-performing loans collateralized by primary residences and SME business premises with an estimated contractual value of €3 billion....

63. Op-ed: A new strategy for immigration

The new strategy will combine the peculiarities of the Greek economy with the inviolable request to combat illegal immigration, by multiplying Greece’s cooperation with third countries...

64. Persistent dad arrested after school files complaint

A father in Paphos was arrested this week after a school administration filed a complaint with police saying he made threats over the phone, with the dad denying the accusations and saying he was simply trying to reach the principal who wouldn’t take his call...

65. Clarifications Min. Health for the new measures - The exceptions for telework

In a written announcement, the Ministry of Health clarified the new measures that were decided upon during yesterday's meeting of the Council of Ministers....

66. Man who killed ex to feed addiction gets 22 years

A compulsive gambler in Limassol who strangled his former lover to death last year and robbed her with an accomplice has been sentenced to 22 years in prison for manslaughter...

67. Cyprus introduces safepass

Cyprus is introducing a so called 'safepass' as of Monday, 10 May until the end of the month. Citizens no longer need to send an sms for their movements and the curfew is extended from 11pm until 05:00 the next day...

68. IMF: Withdrawal of support measures should be gradual

An International Monetary Fund (IMF) mission met virtually with the Cypriot authorities from March 8–29, 2021 to discuss recent economic developments and policy priorities on the island. In an interview with Kathimerini Cyprus, IMF mission chief for Cyprus, Anita Tuladhar, said the longer the recovery period in sectors related to tourism, the greater the chance that permanent scars will remain in the economy of Cyprus. Tuladhar also noted the importance of state-sponsored programs to support the economy....

69. Teacher ready to sue over Twitter search

A teacher who won an appeal following an unlawful police search, in connection with a Twitter parody account complaint filed by Justice Minister Emily Yiolitis, has vowed to sue the state saying she was targeted because of her activism...

70. Shocking details emerge in woman’s murder

Police say they are looking for a main suspect in a case of premeditated murder in Limassol, after the body of a foreign woman was discovered in her own bedroom on Sunday...

71. Cyprus gets tough on golden passports

A House emergency bill that could allow authorities to revoke dozens of Republic of Cyprus “golden passports” is said to eliminate grey areas that so far prevented the state from revoking ill-gotten investor citizenships...

72. Moody's changes Cyprus outlook to positive

Rating agency Moody’s changed the outlook for the Cypriot economy to positive from stable, citing the reduction of the sovereign exposure to event risks stemming from the banking sector and the improving fiscal strength beating previous expectations...

73. Brexit no-deal preparedness: Final Commission call to all EU citizens and businesses

With 8 weeks to go until the United Kingdom's withdrawal from the European Union on 31 October 2019, the Commission has today – in its 6th Brexit preparedness Communication – reiterated its call on all stakeholders in the EU27 to prepare for a ‘no-deal' scenario. In light of the continued uncertainty in the United Kingdom regarding the ratification of the Withdrawal Agreement – as agreed with the UK government in November 2018 – and the overall domestic political situation, a ‘no-deal' scenario on 1 November 2019, remains a possible, although undesirable, outcome...

74. Estia scheme kicks in for eligible borrowers

The Estia plan aimed at boosting borrowers’ ability to repay their defaulted loans went into effect on Monday, as the Cypriot government embarks on a scheme to subsidize repayments of restructured loans...

75. Sentence in Strovolos double murder on hold

A criminal court in Nicosia has sentenced Lefteris Solomou, the half-brother of his co-defendant in the Strovolos double murder, but details were left out due to a scheduled funeral on Wednesday afternoon...

76. Cypriots go to the polls

Polls opened on Sunday morning in the Republic of Cyprus where 72 candidates are competing for one of six seats at the European parliament...

77. Bank of Cyprus posts profit amid CEO departure

78. No agreement on Greek tranche disbursement

79. Eurogroup may put off tranche decision to Greece

The chances that the 1-billion-euro tranche will be disbursed to Greece are diminishing, as this Monday’s Eurogroup is not expected to grant its approval, given that the Greek government has not completed all the necessary reforms, according to a eurozone official who spoke to reporters on Thursday....

80. Cyprus introduces stricter rules for citizenship by investment program

81. Bank of Cyprus sells NPEs amounting to €34 million to APS Delta

82. House passes state budget for 2019

The House of Representatives Plenary on Friday approved by majority voting the 2019 state budget, that provides for a surplus amounting 3% of GDP...

83. EU Commission approves ESTIA scheme

84. Economic growth in Cyprus remains strong

85. Fitch Ratings upgrades Bank of Cyprus

86. 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...

87. 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...

88. 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...

89. Cyprus to crackdown on shell companies

The Central Bank of Cyprus has just made it harder for brokers to set up front companies on the island, following pressure from US officials who say more needs to be done to combat money laundering...

90. Bad loans still high despite fast economic growth

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