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901. British woman in Limassol detained over thyroid meds

A British woman living in Limassol has been detained on Thursday after police found a large quantity of unlicensed metabolic medicine during a house search...

902. Taxation in a Digital Economy

903. Mobile phone snatcher released in the north

A Greek Cypriot male has been released by Turkish Cypriot authorities, following his arrest in connection with stealing two mobile phones during a previous visit in the north...

904. Astrobank in talks to buy National Bank of Greece Cyprus unit

905. Banks have their recovery work cut out

The bank stock slump has gone on for too long and valuations are now exceptionally low, say senior credit sector officials in Athens. However, analysts questioned on the issue by Kathimerini say the problems that Greek lenders are facing will not be overcome quickly, justifying the pounding the sector has sustained on the Athens stock exchange....

906. Britain is the world's largest importer of Cyprus Halloumi

907. Turkey no show at Council of Europe meeting

The Committee of Ministers of the Council of Europe expresses regret over the decision of Turkey not to participate in recent discussions, in Strasbourg, concerning the execution of European Court judgments over Cyprus-related cases...

908. Finance Minister tweets Winston Churchill

909. Cyprus back into investment grade

Cyprus got its investment worthiness stripes back on Friday as Standard & Poor’s raised the country’s credit grade from BB+ to BBB- with a stable outlook, five years following a devastating financial collapse...

910. All you need to know about the new iPhones and Apple Watch

Apple Inc introduced its largest-ever iPhone and a watch that detects heart problems on Wednesday in an attempt to get customers to upgrade to more expensive devices in the face of stagnant global demand for smartphones...

911. Hellenic mulls over selling delinquent loans

Hellenic Bank posted a €35 million net profit for the first half of 2018, with the bank’s CEO Ioannis Matsis stating that the bank is ready to launch a tender for the sale of a portfolio of non-performing exposures within the next six months...

912. Man arrested for cutting down trees in revenge

A 56-year-old man was arrested in Paphos following an act of revenge, where he cut down trees because he disapproved of a land transfer...

913. Moody’s thumbs up to Bank of Cyprus bad loans sale

Moody’s credit rating agency says the recent sale of Non-Performing Loans by the Bank of Cyprus worth €2.8 billion is a positive step...

914. Bank of Cyprus gets rid of small business bad loans

The Bank of Cyprus says it has sold a portfolio of non-performing loans worth €2.8 billion to Apollo Global Management, a transaction that will reduce its stock of NPLs to €5.2 billion...

915. Bank of Cyprus CEO stays put through 2020

Bank of Cyprus CEO John Patrick Hourican will stay in his current position through the end of 2020, following a decision by the executive board at the largest lending institution in Cyprus...

916. Ryanair adds Athens in 2018 winter route

Low-cost carrier Ryanair announced on Thursday a new route from Athens to London’s Luton airport, which will be part of the company’s winter 2018 schedule with three flights per week....

917. Another travel adaptor could electrocute someone

Cyprus authorities warn the public over an electrical travel adaptor, saying it fails to comply with safety guidelines and could cause electric shock, just weeks after a similar warning was issued on another device...

918. Abandoned Berengaria goes up for auction

The abandoned Berengaria hotel in Cyprus, a historic building known around the world for its ‘ghosts lurking in the dark’ is going up for auction next month...

919. AHI says US ban on arms sales to Cyprus «unlawful»

The US prohibition on sales of defense and military technology to Cyprus is “unlawful” and can be removed without the need for legislation, a Greek American lobby group has said....

920. Trump signs defense policy bill suspending sale of F-35 jets to Turkey

US President Donald Trump has approved a defense budget law delaying the delivery of F-35 fighter jets to Turkey....

921. US senate delays F-35 transfer to Turkey

The US senate passed a huge defence bill granting President Donald Trump waiver authority on certain sanctions against Russian-buying countries but also forcing him to wait 90 days before deciding to allow the transfer of F-35 jets to Turkey...

922. Cypriots Stand by Greece

A radio marathon and a concert are taking place in Cyprus to show support to the victims of last week’s deadly wildfires in Greece...

923. White smoke over Metochi land transfer dispute

There is white smoke over the Metochi land transfer dispute between Kykkos and the Greek government, following a bitter battle that even brought the foreign minister to Nicosia to testify in court...

924. Woman returns €10,000 she stole from breast cancer society

An employee at the Europa Donna Cyprus, a breast cancer awareness society, was arrested for stealing over €10,000 from the charity...

925. Moody’s says BoC better off after UK sale

Rating Agency Moody’s has described the sale of Bank of Cyprus UK as credit positive, noting that the sale would place Bank of Cyprus in a better position to focus on reducing its domestic high stock of problematic loans...

926. Cyprus wants to rein in ‘passport-selling’ agencies

The Cyprus government has issued strict guidelines aimed at curbing the overt promotion of passports, censuring agencies that explicitly try to lure rich foreign nationals for enrollment in the citizenship-by-investment programme...

927. Bank of Cyprus sells UK subsidiary

The Bank of Cyprus Financial Services is being sold to Cynergy Capital, as the BoC walks away from the UK to put more focus on performance in a rebounding Cypriot economy...

928. Leoni Paraskevaides takes over J&P Overseas

There are new developments in the J&P Overseas saga in Riyadh, with the Cypriot company solidifying its leadership following an internal and legal battle that now appears to be over...

929. Overall retail rise not overshadowed by slight drop

Retail trade volume in Cyprus dropped by 0.8% in April 2018 compared to March, but rose by 5.8% since a year ago...

930. Senators add more roadblocks to Turkey’s F35 deal

US senators are turning up the pressure over the F35 fighter jet sale to Turkey, with new restriction proposals that could possibly make the delivery of the stealth warplanes more difficult...