Search

721. Russian deposits down by 5 billion

722. Finance Minister: Promoting reforms must be a national goal

723. LNG to diversify Cyprus energy market

724. Private sector is the key to Greece’s recovery

725. Finance Minister: Fiscal stability must be preserved

726. DBRS upgrades Cyprus to investment grade

727. Auditing and Renewable Sources of Energy in Cyprus

In a world where the focus is on ‘going green’ the role of renewable sources of energy is becoming increasingly significant. It would therefore be hard to ignore some of the initiatives set out by the European Union with regards to these renewable sources of energy...

728. Hellenic Bank’s Economic Review

729. Utilities, housing push inflation to 1.9%

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

731. There is no economic bubble says Finance Minister

732. Bad loans in Cyprus decline by €3.28 billion since March 2018

733. Alpha Bank Cyprus unloads NPLs worth €400 million

734. Ticking bombs

735. Bank share plunge fuels fears about Greece's vulnerability

736. Banks have their recovery work cut out

The bank stock slump has gone on for too long and valuations are now exceptionally low, say senior credit sector officials in Athens. However, analysts questioned on the issue by Kathimerini say the problems that Greek lenders are facing will not be overcome quickly, justifying the pounding the sector has sustained on the Athens stock exchange....

737. Bank of Cyprus plans voluntary layoffs in 2019

738. 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...

739. 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...

740. Additional revenues of 4.7 billion euros needed to reach targets

The Greek government will have to collect additional tax revenues of 4.7 billion euros in the first post-bailout period of enhanced supervision (2018-2022) by its creditors, in order to achieve the agreed primary surpluses and record surpluses....

741. President makes final offer to teachers

President Nicos Anastasiades has weighed in on the ongoing debacle between state educators and the government, drawing up a final offer to teachers and expecting an answer before the weekend is out...

742. Shadows loom over government’s ‘clean exit’ scenario

Greece’s bailout exit has been eliciting condescending and bitter commentary on the country’s beaches and in its near-deserted cities, as few Greeks believes their lives are going to improve or that the country’s prospects will be akin to those of other bailed-out eurozone states. Greece’s “return to normalcy” and “clean exit,” much touted by the government, appear to be happening somewhere else....

743. Polis caves in to step up old campground

A long and protracted dispute between the Polis Chrysochous municipality and the administration of the local campsite has come to an end, with a new offer on the table sweetening the deal for the private operator...

744. Cops out and about to promote seat belts

This week’s road safety awareness campaign focuses primarily on the use of seat belts and child seats, all of which were contributing factors in recent fatal accidents...

745. Moody’s says BoC better off after UK sale

Rating Agency Moody’s has described the sale of Bank of Cyprus UK as credit positive, noting that the sale would place Bank of Cyprus in a better position to focus on reducing its domestic high stock of problematic loans...

746. 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...

747. 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...

748. Cyprus to undertake coordinating, regional role in addressing climate change

Cyprus, a country heavily affected by Climate Change, will be faced with more intense heat waves, droughts and perhaps even new diseases, Professor Costas Papanikolas, President of the Cyprus Institute (CyI) has told CNA, stressing the importance of the International Conference on Climate Change, organised recently by CyI, as well as the primary regional role of the Institute....

749. Funeral for nine Syrian refugees held in north

The funeral of nine Syrian refuges, whose bodies washed up on the northern shores of the island, was held in Lefka on Saturday, with their relatives living in the south crossing the checkpoints to pay their final respects...

750. Britain slashes top stake on gambling machines to £2

Britain will cut the maximum stake on fixed odds betting terminals to just two pounds after the government rejected claims that it would damage the industry in favour of efforts to tackle problem gambling...