Greece’s Varoufakis says euro zone “dangerously close” to “accident”

Greek Finance Minister Yanis Varoufakis said on Thursday the euro zone was “dangerously close” to a state of mind “that accepts an accident,” slamming other ministers, whom he said did not wan [...]

Q1 home prices drop 1% quarterly, Central Bank of Cyprus says

Prices for houses and flats fell 0.8 per cent and 1.5 per cent in January to March respectively, the Central Bank of Cyprus said in a statement on its website today. Home prices fell a quarterly 2 per [...]

Zenobia Week promises a host of interesting events

A conference on artificial reef management will take place during this year’s Zenobia Week  in Larnaca which kicks off on June 23, the Larnaca Tourism Board said on Tuesday. The conference will be [...]

Cabinet approves scheme to protect primary residence

Under the terms of the scheme, borrowers must have exhausted restructuring and mediation procedures and already have applied to the insolvency agency for loans granted by a financial institution licen [...]

Cabinet approves scheme to protect primary residence

Under the terms of the scheme, borrowers must have exhausted restructuring and mediation procedures and already have applied to the insolvency agency for loans granted by a financial institution licen [...]

Cabinet approves scheme to protect primary residence

Under the terms of the scheme, borrowers must have exhausted restructuring and mediation procedures and already have applied to the insolvency agency for loans granted by a financial institution licen [...]

ECB does not raise emergency funding cap for Greek banks – source

The European Central Bank on Wednesday did not raise a ceiling on emergency funding for Greek banks in a weekly review for the first time since February, a banking source said, adding financial pres [...]

CNP Assurance, Cyprialife claim €200m plus from Bank of Cyprus

Under the terms of Cyprus’s 2013 bailout agreement, Bank of Cyprus merged with Laiki and took over all its assets and liabilities, including Laiki’s stake in CNP Cyprialife. CNP Assurance agreed t [...]

Europe dampens Greek hopes of swift deal as clock ticks (Updated)

European lenders on Tuesday played down Greek hopes of a swift end to negotiations on an aid agreement and warned talks must speed up before the country runs out of cash. A sober outlook from Brussel [...]

Cyprus issues €50 million 1-month T-bills

Offers of €50 million were accepted, according to the statement, €43.84 million in competitive bids and €6.16 million in non-competitive ones.

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