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151. Big decisions ahead for Bank of Cyprus

152. Israel's Delek considers London IPO for Leviathan and Aphrodite gas stake

153. Baker Tilly Annual Restructuring Summit

Baker Tilly Cyprus held its first annual restructuring summit at the Hilton Park Hotel in Nicosia, drawing on the expertise of banking professionals, company directors and restructuring specialists...

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

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

156. Interview with Isfandyar Zaman Khan, lead specialist for finance and innovation at the World Bank

157. Defence minister rolls out reforms

Exam grades will no longer be a factor in promoting military commissioned officers, while reservists will have more flexibility to show up for training according to upcoming changes...

158. Fitch Ratings upgrades Cyprus to investment grade

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

160. Fitch Ratings upgrades Bank of Cyprus

161. State budget goes to Cabinet

The President’s Cabinet is taking on the budget during a meeting on Thursday, expected to approve a whole host of new construction projects for the upcoming fiscal year...

162. Cyprus Tax Webcast July 2018

Watch the new Deloitte Tax Webcast for July 2018 presented by Mr. Pieris Markou, Deloitte Tax & Legal Services Leader...

163. 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...

164. 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...

165. Airtickets.gr, Travelplanet24 suspend sales

Tripsta SA, the parent company of travel sites Airtickets.gr and Travelplanet24, announced on Thursday the suspension of all new ticket sales as part of a radical restructuring of the Greek-owned firm, which has also resulted in the sacking of 180 employees from Athens headquarters....

166. Cyprus forecasts high GDP growth of 3% plus until 2021

High growth rates exceeding 3% of the GDP and high primary surpluses are projected until the year 2021 in the Strategic Fiscal Policy Framework (SFPF) 2019-2021, which was approved by the cabinet...

167. Auditor says air traffic control needs to do better

The Department of Civil Aviation’s Safety Regulation Unit was recently under the Auditor’s microscope, and findings show it is not properly organised and lacks efficiency due to a lack of best practices...

168. Don’t get caught up in the East Med energy hype

It is tempting for resource-poor countries to overestimate the promise of newly discovered hydrocarbon resources, particularly in times of need...

169. Two Cypriot universities among top 10 in New Europe

Two universities in Cyprus have been ranked second and third among best institutions from new EU member states, with institutions from 12 out of 13 countries making the list. ...

170. Cyprus recovery is being recognised by international agencies

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

171. Bad loans still high despite fast economic growth

Cyprus' economic growth has been supported by construction, tourism and professional services...

172. Hedge funds show interest in Cyprus co-op

Major hedge funds are showing interest in the Co-Operative Bank of Cyprus, including one headed by former Bank of Cyprus Vice Chairman and current US Commerce Secretary Wilbur Ross. It is too early to predict any deal since investor goals differ from each other and all would depend on final numbers at a later stage. ...

173. Co-op Bank en route to healthy future

Cyprus Co-operative Bank will be healthier without a massive NPL problem. Already it has managed to cut down on the number of branches and reduce its staff, but now the big step is finding investors with the right kind of portfolio to move banking forward....

174. 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...