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961. Cyprus gains ground in $92 million fraud case

MOKAS officers are making headway in an embezzlement case to the tune of $92 million involving a Cypriot company, after one of five suspects was taken into custody...

962. Insurers need profound transformation and the right talent

As insurance industry growth remains stagnant for another year due to low interest rates, the shifts in consumer demographics around the world coupled with heightened expectations for digital experiences present insurers with risks and opportunities...

963. Soaring reviews and high praise for the all new Nissan Juke

With its bold, sporty character and rebellious design, the next generation Nissan Juke Coupe Crossover earned high praise at its official unveiling event, where members of the Media had the exclusive opportunity to experience the latest addition to the Nissan model range ...

964. Fuel targets rehash gas price debate

Consumers are crying foul over rising gas prices at the pump, with some resorting to crossing the checkpoints to fill up in the north as the government draws criticism for failing to meet EU energy goals...

965. GCC achieves high Customer Satisfaction

966. Berengaria sees hope on the horizon

Local media reported on Thursday that investors have been found for a potential revival of the historic Berengaria, with rumours pointing to renovation plans for the abandoned property in the Troodos Mountains...

967. Would-be buyer steals car during test drive

Police are investigating an alleged auto theft incident in Larnaca following a complaint by a male vehicle owner who says he went to sell his car and ended up being assaulted and robbed...

968. Stepping into 2020: Limassol Del Mar Takes Shape

969. Senate-approved EastMed on Trump’s desk

US Congress’ approval of a spending package that includes the Eastern Mediterranean Security and Energy Partnership Act of 2019 signals a “new day in Greek-American relations,” said Senator Bob Menendez, one of the authors of the bipartisan legislation...

970. Land units and plots across Cyprus for sale by GoGordian

971. CITR Cyprus calls for modern insolvency rules

972. PwC presented its new publication for the real estate and land development sector

PwC Cyprus presented its publication on the Cyprus land development market, entitled "Cyprus Real Estate Market - First Half in Review", atan event held in Nicosia on 19 November...

973. Italgas to enter Greek market

Italy’s biggest natural gas distribution company, Italgas, is on the verge of entering the Greek market. Kathimerini understands that Europe’s third largest gas distributor is very close to reaching an agreement with fellow Italian Eni Gas e Luce for the acquisition of the latter’s portfolio in the Greek gas grid....

974. Trump has ‘wonderful’ meeting with Erdogan

US President Donald Trump on Wednesday pushed Turkish President Tayyip Erdogan to walk away from the purchase of a Russian missile defense system, calling it a “very serious challenge” to bilateral ties, even though he described a meeting between the two leaders as “wonderful"...

975. Turkey reacts to EU sanctions over Cyprus

President Tayyip Erdogan said on Tuesday the European Union’s decision to sanction Turkey over drilling off the coast of Cyprus could disrupt talks with the bloc, and he warned that Turkey could send captured Islamic State fighters to Europe...

976. EU okays framework on Turkey over Cyprus

European Union foreign ministers agreed on Monday economic sanctions over Turkey's drilling off the coast of Cyprus, setting up the legal framework for travel bans and asset freezes but leaving names until a later date...

977. Cyprus signs deal for offshore gas concession

Cyprus and the Aphrodite consortium on Thursday signed an exploitation license and a revised production sharing contract, aiming to start natural gas production in 2025, generating projected revenues of $9.3 billion for a period of eighteen years ...

978. «Growth momentum moderates» in Cyprus according to Εuropean 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....

979. Cyprus fiscal surplus at 4.3% of GDP

Cyprus general government surplus was at 4.3% of GDP in the first eight months of 2019, mainly due to the increase in social contributions and revenue from taxes, according to the preliminary General Government fiscal results for the period of January-August 2019 released Friday by the Statistical Service of Cyprus. ...

980. 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...

981. Coca-Cola Hellenic buys out Acque Minerali

Local Coke bottler Coca-Cola Hellenic (CCHBC) has made its second buyout of 2019, acquiring Italy’s Acque Minerali, which is active in the domain of bottled water and refreshments. ...

982. Interview with Endy Zemenides

Ever since Joe Biden declared that Cyprus was a “strategic partner” of the United States, people have been trying to identify substance behind those words. There has been a similar search of what “best relations ever” between the U.S. and Greece means...

983. EY: The sale of the three subsidiaries of Cyprus Popular Bank has been completed

984. Trump’s yuan move makes a China deal much harder

The decision to label China a currency manipulator boxes in Donald Trump and Xi Jinping. The U.S. Treasury Department made the move after Beijing allowed the yuan to slide below the key level of 7 to the dollar. It’s the first such designation for the People’s Republic since 1994. The sudden escalation will make it harder for both sides to reach a trade truce...

985. Trump hits China with more tariffs, sharply escalating trade dispute

U.S. President Donald Trump vowed to impose a 10% tariff on $300 billion of Chinese imports from Sept. 1, sharply escalating a bruising trade war between the world’s largest economies and jolting financial markets. ...

986. Finance Committee seeks compromise on foreclosures

The House of Representatives Finance Committee meets on Friday to discuss proposals that would normalize the legislative framework on foreclosures...

987. Non-performing loans decline to €10.14 billion

Non-performing loans as defined by the European Banking Authority declined to €10.14 billion in March 2019, marking a reduction of €151 million compared to previous month. ...

988. S&P affirms Bank Of Cyprus ratings

Standard & Poor’s affirmed on Tuesday their `B+/B` long- and short-term issuer credit ratings on Bank of Cyprus Public Co. Ltd. (BoC), noting that the outlook is stable...

989. ECB warns of 'significant negative impact'

The European Central Bank (ECB) has warned of “significant negative impact” to the Cypriot banking system in case a new law amending the legal on foreclosures is implemented. ...

990. Carbo One and Cyprus NOC presented their partnership in the run-up to the Olympics

Carbo One Limited has joined the sponsorship family of the Cyprus National Olympic Committee, in the category of Major Sponsor, as announced by the Cyprus NOC on Monday, 29 July 2019, during an event at the Olympic House in Nicosia. The collaboration of the NOC with Carbo One, one of the largest companies in Cyprus, is an important step forward for the Committee in achieving its goals in the pre-Olympic year we are currently going through. ...