https://knews.kathimerini.com.cy/en/news/cyprus-pays-off-costly-crisis-loan-early
The Cypriot finance minister says the government is repaying an IMF rescue loan faster and at a lower rate after a double bond issuance expected to secure most of the country’s borrowing needs for 2020...
https://knews.kathimerini.com.cy/en/news/central-warns-banks-‘not-to-overdo-it
The Governor of the Central Bank of Cyprus has called on smaller local banks not to get carried away with loaning money, urging them to follow the example of bigger banks and focus on reducing toxic debt...
https://knews.kathimerini.com.cy/en/business/growth-momentum-moderates-in-cyprus-according-to-european-commission-autumn-economic-forecast
"Growth momentum moderates" in Cyprus, according to the headline assessment of the European Commission`s Autumn Economic Forecast for the country, presented today by Commissioner Moscovici in Brussels....
https://knews.kathimerini.com.cy/en/business/cyprus-to-start-process-for-early-repayment-of-imf-loan-finance-minister-announces
Finance Minister Harris Georgiades announced on Tuesday that an official process will be launched for the early and full repayment of an IMF loan, following the repayment of a loan from Russia....
https://knews.kathimerini.com.cy/en/news/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...
https://knews.kathimerini.com.cy/en/news/cyprus-to-fully-repay-imf-loan-in-2020
According to figures from the 2020 budget presented by Finance Minister Haris Georgiades to the Cabinet, Cyprus will repay the IMF loan early resulting in government debt reduction to 91.1% of GDP
...
https://knews.kathimerini.com.cy/en/news/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...
https://knews.kathimerini.com.cy/en/news/greece-approves-cut-on-property-tax-eases-arrears-payment
The Greek parliament approved an across-the-board reduction of a deeply unpopular property tax on Tuesday, fulfilling an election pledge of new prime minister Kyriakos Mitsotakis....
https://knews.kathimerini.com.cy/en/news/cyprus-to-issue-a-5-and-30-year-bond
https://knews.kathimerini.com.cy/en/news/greece-to-send-note-verbale-to-germany-over-war-reparations
Greece will soon send a so-called note verbale to Germany, repeating a long-held demand for war reparations for the crimes committed by Nazi Germany in World War II, Prime Minister Alexis Tsipras told parliament on Wednesday, during a debate on a relevant report presented by a House committee....
https://knews.kathimerini.com.cy/en/news/cyprus-to-repay-russian-loan-early
https://knews.kathimerini.com.cy/en/business/stage-is-set-for-early-clearance-of-costly-imf-loans
The decision for the early repayment of part of the International Monetary Fund loans to Greece is expected to feature in talks Finance Minister Euclid Tsakalotos will have in Washington on Friday with the Fund’s Managing Director Christine Lagarde, as well as the head of the IMF’s European Department, Poul Thomsen.
...
https://knews.kathimerini.com.cy/en/news/imf-warns-of-increasing-headwinds-to-sustained-growth
https://knews.kathimerini.com.cy/en/news/stop-the-brexit-clock-says-cyprus-finance-minister-on-bloomberg
https://knews.kathimerini.com.cy/en/news/bank-of-cyprus-sells-npes-amounting-to-€34-million-to-aps-delta
https://knews.kathimerini.com.cy/en/news/cyprus-prepares-to-tap-international-markets-after-early-repayments
https://knews.kathimerini.com.cy/en/news/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...
https://knews.kathimerini.com.cy/en/news/eu-commission-approves-estia-scheme
https://knews.kathimerini.com.cy/en/news/economic-growth-in-cyprus-remains-strong
https://knews.kathimerini.com.cy/en/news/suspected-loan-shark-arrested-in-limassol
The Limassol District Court has remanded a 70-year-old local moneylender for seven days on multiple charges including money extortion, blackmail, and illegal loan-sharking...
https://knews.kathimerini.com.cy/en/news/fiscal-council-construction-sector-growth-will-not-continue-indefinitely
https://knews.kathimerini.com.cy/en/news/fitch-ratings-upgrades-cyprus-to-investment-grade
https://knews.kathimerini.com.cy/en/business/bad-loans-in-cyprus-decline-by-€3-28-billion-since-march-2018
https://knews.kathimerini.com.cy/en/news/interview-with-the-french-minister-of-foreign-affairs
https://knews.kathimerini.com.cy/en/news/search-continues-as-wildfires-death-toll-climbs-to-80
Rescue crews Wednesday continued to search the seaside areas northeast of Athens that were the worst affected by wildfires to locate any further victims, as the official death toll rose to 80...
https://knews.kathimerini.com.cy/en/news/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...
https://knews.kathimerini.com.cy/en/news/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...
https://knews.kathimerini.com.cy/en/business/cyprus-co-op-bank-freezes-accounts-with-bad-loans
The Cyprus Cooperative Bank on Friday froze accounts of customers who keep their loans delinquent on purpose, as the bank makes an effort to force them to seek refinance terms...
https://knews.kathimerini.com.cy/en/news/it-seems-trump-paid-off-women-to-keep-their-secrets-silent
Donald Trump’s attorney, Rudy Giuliani, said on Sunday he would not rule out the possibility that payments were made to women other than porn star Stormy Daniels to get them to stay silent about allegations against Trump...
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...