https://knews.kathimerini.com.cy/en/business/all-lights-set-on-green-for-end-to-greek-bailout
Greece’s exit from a bailout program instituted by the eurozone and International Monetary Fund looks set to proceed in August, Luxembourg finance minister Pierre Gramegna said on Friday...
https://knews.kathimerini.com.cy/en/news/revolution-sweeps-armenian-opposition-leader-into-power
Opposition leader Nikol Pashinyan was elected Armenia’s prime minister on Tuesday, capping a peaceful revolution driven by weeks of mass protests against corruption and cronyism in the ex-Soviet republic...
https://knews.kathimerini.com.cy/en/news/us-treasury-assistant-secretary-encouraged-by-meetings-in-cyprus
The United States have been encouraged by the commitments made by Cypriot officials in the framework of meetings US Department of the Treasury Assistant Secretary for Terrorist Financing Marshall Billingslea held on Friday and will continue to work with Cyprus to combat corruption, money laundering, and other financial threats....
https://knews.kathimerini.com.cy/en/business/experts-says-cyprus-economy-to-grow-by-3-8-this-year
The Cypriot economy will pick up momentum in 2018, the University of Cyprus’s Economic Research Centre predicts, upgrading its growth forecast to 3.8% compared with its previous projection of 3.6%.
...
https://knews.kathimerini.com.cy/en/business/eu-sees-strong-growth-as-unemployment-declines
The Commission foresees a "strong growth momentum continuing" in the coming years, but warned of risks widening...
https://knews.kathimerini.com.cy/en/news/cyprus-and-saudi-arabia-discuss-common-interests
Cyprus and Saudi Arabia are on a path of strengthening ties further, with the island preparing to hold a Cyprus chamber forum in Riyadh and the Kingdom looking to install an embassy in Nicosia...
https://knews.kathimerini.com.cy/en/news/on-athens-visit-juncker-appears-upbeat-about-greek-recovery
In a speech before Greece’s Parliament on Thursday, European Commission President Jean-Claude Juncker expressed optimism about Greece’s economic recovery and called on its European partners to honor pledges for debt relief....
https://knews.kathimerini.com.cy/en/news/understanding-kim-madman-or-misunderstood
US intelligence experts are trying to build a profile of Kim Jong Un to give Trump a competitive edge in one of the most consequential summits since the Cold War...
https://knews.kathimerini.com.cy/en/business/cyprus-recovery-is-being-recognised-by-international-agencies
Fitch does not currently anticipate developments with a high likelihood of leading to a downgrade...
https://knews.kathimerini.com.cy/en/business/bank-run-at-cooperative-peaked-in-march
A top official at the Cooperative Bank says more money was lost in bank deposits first quarter this year, just shy of 2 billion, than the outflow during the 2013 crisis....
https://knews.kathimerini.com.cy/en/news/european-commission-s-report-on-turkey-most-critical
The Ministry of Foreign Affairs has expressed the view that a European Commission progress report on Turkey published on Tuesday is the most critical one since 2005 and has also agreed with a Commission assessment that the implementation by Turkey of its Cyprus related obligations would significantly boost its relations with the EU....
https://knews.kathimerini.com.cy/en/business/finmin-revenue-from-npls-management-will-repay-cost-of-support-to-co-op
Government moves include establishing an asset – management company, based on conditions that the competent European institutions will set and depending on the finalisation of investment interest in the Co-op...
https://knews.kathimerini.com.cy/en/business/scholz-seen-to-pick-up-where-schaeuble-left-off
Despite the cordial meeting on Friday between Finance Minister Euclid Tsakalotos and his new German counterpart Olaf Scholz, Berlin made it clear that the key Greek demand of debt relief will only be discussed after Greece’s bailout program ends....
https://knews.kathimerini.com.cy/en/business/georgiades-makes-the-good-case-for-ccb
Borrowers who default on a loan won’t be able to pick up the phone and ask a politician to intervene, according to Finance Minister Harris Georgiades, who insists that separating healthy banking from bad loans is the best way forward for the Cyprus Cooperative Bank....
https://knews.kathimerini.com.cy/en/business/hundreds-of-flights-cancelled-in-germany-as-airports-hit-by-public-sector-strikes
Unions will escalate the dispute if employers do not present an offer next week...
https://knews.kathimerini.com.cy/en/news/cooperative-bank-outflow-appears-to-have-stopped
The Cyprus finance minister says outflow has stopped at the state-owned Cyprus Cooperative Bank, following a €2.5 billion deposit by the government that is seeking private investors for the troubled institution....
https://knews.kathimerini.com.cy/en/life/saudi-arabia-s-first-new-cinema-in-decades-to-open
Saudi Arabia had some cinemas in the 1970s but its powerful clerics closed them"...
https://knews.kathimerini.com.cy/en/business/government-boosts-ccb-s-hand
The Cyprus government says it is depositing €2.5 billion at the Cooperative Bank of Cyprus, as part of a broader plan to eliminate uncertainty among depositors in the wake of a privatisation bid...
https://knews.kathimerini.com.cy/en/business/strike-hit-air-france-expects-75-of-flights-to-operate
The Air France strike is expected to ground 30% of the carrier’s long-haul flights out of Paris’ main Charles de Gaulle airport...
https://knews.kathimerini.com.cy/en/business/bad-loans-still-high-despite-fast-economic-growth
Cyprus' economic growth has been supported by construction, tourism and professional services...
https://knews.kathimerini.com.cy/en/news/paphos-mayor-says-car-park-permit-not-lawful
Paphos mayor Fedonas Fedonos says a parking lot outside a produce market was not licensed lawfully, pointing fingers at Turkish Cypriot Properties Management, while the private business says an offer had been refused by the city previously....
https://knews.kathimerini.com.cy/en/news/municipal-police-in-the-works
Ministers of Justice and the Interior are putting their heads together to draft legislation for accelerating the creation of a new Municipal Police. The new force will handle minor violations, such as illegal parking and smoking, thus relieving state police who have their hands full with serious offences such as speeding and drinking under the influence. ...
https://knews.kathimerini.com.cy/en/news/christodoulides-calls-for-practical-eu-solidarity-for-the-rights-of-cyprus
Cyprus Foreign Affairs Minister Nikos Christodoulides called on his EU counterparts for the practical and unambiguous EU solidarity to defend the sovereign rights of Cyprus, an EU Member - State, the interests and policies of the Union as well as international rule of law....
https://knews.kathimerini.com.cy/en/news/may-defends-saudi-ties-as-crown-prince-gets-royal-welcome
British officials were privately delighted at the decision by Prince Mohammed to choose Britain as the major western destination on his first foreign trip ...
