State assistance averted deposit haircut at co-op, FinMin says
State assistance was granted to the co-op bank in 2013 to avert a haircut on deposits, Finance Minister Harris Georgiades told an inquiry into the
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Former co-op CEO did not get job ‘because of connections’ (updated)
The former CEO of the Cyprus Cooperative Bank (CCB) Nicolas Hadjiyiannis on Tuesday denied landing a job with the organisation solely because of his personal
Britain launches inquiry into money-laundering with focus on property
British lawmakers launched a new inquiry into money-laundering, sanctions and economic crime on Thursday, with a particular focus on properties bought with so-called ‘dirty money’,
Trump ‘tried to sack Russia inquiry chief’
US President Donald Trump last June ordered Special Counsel Robert Mueller fired but backed down after the White House counsel threatened to resign rather than follow his
US congressman gives up post amid harassment inquiry
US Representative John Conyers is stepping down as senior Democrat on the House of Representatives Judiciary Committee, while lawmakers investigate allegations of sexual harassment against him, Conyers said in an
Greek coup and invasion archives delivered
The delivery of the findings of an inquiry into the 1974 coup to overthrow president Makarios and the ensuing Turkish invasion is not just boxes
New Zealand launches water supply inquiry after thousands fall sick
The New Zealand government launched an inquiry on Thursday into the contamination of a regional water supply that has left thousands of people sick with
Military attaches, diplomats flee in Turkey’s post-coup inquiry
Two Turkish military attaches in Greece fled to Italy, others were caught overseas and some diplomats were on the run after being recalled as part
MPs question the silence over Bank of Cyprus’ costly Russian acquisition
By George Psyllides None of the people involved in the acquisition of a Russian lender by Bank of Cyprus in 2008 have been questioned by
VW braces for hit to business from emissions scandal
By Andreas Cremer Volkswagen has imposed a hiring freeze at its financing business and cut a shift at a German engine factory as it braces
Panel of inquiry into economy hands over report
By Stefanos Evripidou THE COMMITTEE of Inquiry set up to look into the reasons behind the near economic collapse of the country delivered its lengthy
Investigation Committee on Economy delivers its report
The Investigation Committee probing Cyprus’ economic debacle delivered its report to the presidential palace on Saturday. President of the Committee, George Pikis, handed the report over
This was a farce, not an inquiry
By Loucas Charalambous The rule has been proven once more. Everything ends up as a farce in this idiotic state and Giorgos Pikis’ ‘investigating committee’
Christofias’ legal advisers say inquiry panel is illegal
By George Psyllides THE FORMER president’s legal advisers suggested on Friday that an investigating committee looking into the collapse of the economy was illegal, a
Orphanides: if Christofias had only taken five minutes…
By Staff Reporter Former Central Bank Governor Athanasios Orphanides told an inquiry on Friday that if former president Demetris Christofias had bothered to take five
Cyprus could have sought aid earlier to avoid pain: CBC
Central Bank Governor Panicos Demetriades said on Tuesday the upheaval of an international bailout in March could have been avoided if the island had petitioned
Economy inquiry rejects Christofias’ request to delay his testimony
FORMER President Demetris Christofias has reportedly asked the committee of inquiry investigating the causes of the country’s near financial collapse, to delay his testimony so
Greek debt acquisition could not be stopped
A former senior Central Bank (CBC) official said on Tuesday the regulator could not have stopped the island’s banks from investing in large numbers of
CBC delayed in halting internet banking on March 16
By Poly Pantelides THE CENTRAL Bank of Cyprus (CBC) delayed shutting down internet banking on March 16, giving depositors the chance to move untold millions
Sarris: we fought to the point of tears
By Poly Pantelides THE FORMER government’s delay in agreeing to an international bailout and the rejection of an original bailout proposal for Cyprus in