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 ...
