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121. 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...

122. 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....

123. Cyprus to issue 5 and 30 year bonds

124. 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....

125. Cyprus to repay Russian loan early

126. 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. ...

127. IMF warns of 'increasing headwinds to sustained growth'

128. Stop the Brexit clock says Cyprus Finance Minister on Bloomberg

129. Bank of Cyprus sells NPEs amounting to €34 million to APS Delta

130. Cyprus prepares to tap international markets after early repayments

131. 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...

132. EU Commission approves ESTIA scheme

133. Economic growth in Cyprus remains strong

134. 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...

135. Fiscal Council: Construction sector growth will not continue indefinitely

136. Fitch Ratings upgrades Cyprus to investment grade

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

138. INTERVIEW WITH THE FRENCH MINISTER OF FOREIGN AFFAIRS

139. 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...

140. 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...

141. 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...

142. 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...

143. 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...

144. Cyprus recovery is being recognised by international agencies

Fitch does not currently anticipate developments with a high likelihood of leading to a downgrade...

145. Cyprus central government debt at €18.3 billion at end 2017

Cyprus central government debt reached 18.315 million in the end of 2017 marking a decline of 3.6% compared with 2016, according to data released today by the Finance Ministry’s Public Debt Management Office (PDMO)....

146. Moody's sees robust economic recovery helping Cypriot banks

It expects that banks will continue to make progress on restructuring troubled loans and selling real-estate collateral...