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CYPRUS: Hellenic shareholders looking to bank on negative goodwill

Hellenic is looking into the possibility of not having to increase its capital after all, as it is argued the negative goodwill resulting from the good assets acquisition of the Co-op Bank

3rd December 2018
Business

CYPRUS: Post Office will deliver mail to Santa so get writing

Cyprus Post Offices will be delivering children’s letters to Santa Claus again this year and sending back his replies. This year Cyprus Post supported by CYTA which has set up an online

3rd December 2018
Business

ECONOMY: IMF urges Cyprus to reduce one of Europe\’s highest NPL ratios

Cyprus has to further bring down its high NPLs ratio and its bulging public and private debt, the International Monetary Fund Executive board concluded after its consultation with Cypriot authorities. “Private and

3rd December 2018
Cyprus

CYPRUS: Defence Minister in Cairo for trilateral meeting and military expo

Cypriot Defence Minister Savvas Angelides is in Cairo to attend the opening of military expo "EDEX-2018" and take part in a trilateral ministerial meeting of Cyprus, Greece and Egypt. Angelides was invited

3rd December 2018
Cyprus

SOCIETY: Cyprus has ageing population as fertility rate is among Europe’s lowest

Cyprus’ population grew older between 2000 – 2017, while the fertility rate dropped further to 1.32 last year, well below the replenishment level of 2.10 needed, according to the latest demographic report.

3rd December 2018
Cyprus

CYPRUS: Private swimming pools: An impossible situation

. There is a huge and serious confusion over whether a swimming pool is a private or public facility.  The prevailing regulations (clear as mud) stipulate that a pool is considered as

2nd December 2018
Comment

JUST WORDS: Fake Brexit and fractured Britain

. Observing the Brexit shambles from afar, Cypriots can empathise with the British people who said ‘No’ to the EU and thought Britain could just walk away from the club to a

2nd December 2018
Comment

Gulen and Erdogan’s islamic rivalry and its consequence

. By Alon Ben-Meir and Arbana Xharra Until five years ago, Fethullah Gülen and Turkey’s President Erdogan were allies who supported each other. Both use Islam as the basis for their doctrine,

1st December 2018
Comment

CYPRUS EDITORIAL: Justice reform starts with the police

. The need for justice reforms has been something we’ve been hearing about for many years, with every administration trying to address it, but with little to show for it at the

1st December 2018
Comment

ECONOMY: Cyprus assures Russia it is a reliable partner

Cyprus and Russia will continue to enjoy a mutually beneficial economic partnership, President Nicos Anastasiades said. He assured Cyprus will remain a reliable partner of Russia and further advance its position as

1st December 2018
Cyprus
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