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121. Myth-buster: IFRS 17 an accounting standard for insurance contracts

As the title attests, this short article aims at busting the myth which states that IFRS 17 – Insurance Contracts is only relevant for insurers or for companies regulated as insurance entities. ...

122. Hellenic acquires 553 million euros worth of Cypriot corporate loans from RCB

Hellenic Bank has acquired 553 million euros worth of Cypriot business loans from RCB Bank, increasing its loan portfolio to over 7.2 billion euros....

123. S&P downgrades RCB, places bank on CreditWatch with negative implications

Rating Agency Standard and Poor’s downgraded RCB bank’s long-term lender rating to `B+` from `BB-` and placed its ratings on CreditWatch with negative implications,...

124. Russia will default on its debts 'imminently', Fitch ratings agency has warned

Russia will default on its debts 'imminently', a leading credit rating agency has warned, as sanctions over Ukraine continue to pummel the country's economy....

125. Op-ed: 'Putin will not invade because he doesn’t want a second Afghanistan’

Many analysts have suggested that the chaotic US withdrawal from Afghanistan emboldened Russian President Vladimir Putin to move toward Ukraine, exploiting the perceived weakness of the West. But Leon Aron, senior fellow at the American Enterprise Institute in Washington, reminds us that Russians were also trapped in Afghanistan in 1978-89. ...

126. MONEYVAL: Cyprus makes some progress in the fight against money laundering

Cyprus has made some progress in the fight against money laundering and terrorist financing by partially complying with recommendations set out by the Financial Action Task Force (FATF), according to a report by the Committee of Experts on the Evaluation of Anti-Money Laundering Measures and the Financing of Terrorism - MONEYVAL....

127. End of an era: Merkel bows out after 16 years

Angela Merkel was assured of a place in the history books as soon as she became Germany’s first female chancellor on Nov. 22, 2005...

128. Electric cars by MG have arrived in Cyprus

Michaels Electric Cars Ltd, the exclusive representative of MG MOTOR, inaugurated its new models, MG ZS EV, MG HS PLUG-IN HYBRID and MG 5 EV....

129. ECB tells Cyprus lawmakers to get it right

Elizabeth McCaul, Member of the Supervisory Board of the ECB, advised caution over possible amendments to the Cyprus foreclosure law stressing that 'such policies can also backfire and destabilize the banking sector if designed in a haphazard manner'...

130. US lowers travel risk for Cyprus

The CDC in Atlanta has issued new travel advisories lowering the threat of COVID-19 in many destinations including Cyprus, prompting the State Department to change its advisory for the island from 'do not travel' to 'reconsider travel'...

131. DBRS warns against protracted process in approving bugdet

Global credit rating agency DBRS Morning Star said it is monitoring the situation in Cyprus following the rejection of the 2021 state budget by lawmakers on Thursday, warning that a protracted process to approve the budget could affect economic sentiment and could eventually weigh on economic activity....

132. Cyprus enjoys strong growth prospects but contingent liabilities remain

Strong growth prospects and sustained fiscal discipline places Cyprus on a firm declining path but contingent liabilities, healthcare and public sector wage-related costs, as well as weaker external conditions, pose risks to the fiscal outlook, Scope rating agency said in commentary on Cyprus....

133. Scope rates Cyprus with BBB-

Scope Ratings affirmed last week the Republic of Cyprus’ BBB- long-term issuer and senior unsecured local- and foreign-currency ratings, along with a short-term issuer rating of S-2 in both local and foreign currency, noting that all outlooks are stable...

134. S&P affirms Bank Of Cyprus ratings

Standard & Poor’s affirmed on Tuesday their `B+/B` long- and short-term issuer credit ratings on Bank of Cyprus Public Co. Ltd. (BoC), noting that the outlook is stable...

135. Let us put our minds to work

136. DBRS reaffirms Cyprus’s rating

137. Fitch Upgrades Hellenic Bank

138. Wrestling in the Colosseum

How will the hatred that has spread around us in the years of the crisis be erased? The Greek people have been deeply divided. You have the supporters of the bailouts versus the critics, the haves versus the have-nots, the patriots versus the traitors and so on. ...

139. Cypriot bond yields tumble after stellar bond sale

140. Moody's upgrades Bank of Cyprus and Hellenic Bank

141. Ukraine urges NATO to send ships

142. DBRS upgrades Cyprus to investment grade

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

144. Israel Defence Minister Avigdor Lieberman resigns over Gaza ceasefire

145. Fitch Ratings upgrades Cyprus to investment grade

146. IMF: The Cypriot economy continues its rapid recovery from the 2012–13 financial crisis

147. ECB starts buying Cypriot bonds after ratings upgrade

148. 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....

149. Fitch Ratings upgrades Bank of Cyprus

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