‘Cheated’ bondholders seeking psychological support
The bondholders’ association has reported Health Minister Giorgos Pamboridis to President Nicos Anastasiades for not replying to earlier requests for free psychological support for its...
Laiki Bank
Glimmer of hope for former Laiki depositors
Despite previous disavowals, the government is now open to proposals toward providing restitution to the depositors of now-defunct Laiki Bank who lost their uninsured savings...
Former CBC governor, four others referred to criminal court on corruption charges
Former Central Bank governor Christodoulos Christodoulou, four other individuals, and three companies, were referred to trial before the criminal court on Wednesday over a €1mln...
Attorney-general crushes latest move to help Laiki creditors
Members of the House ethics committee were angered on Wednesday after the attorney-general said they could not vote to transfer the assets of the defunct...
Silence over Greek debt bank scandal instills despair
IN APRIL 2004 an unknown Englishman by the name of Ashley Revell wrote world gambling history. Unbelievable as it may sound, he cashed in all...
Cleovoulos Alexandrou appointed as new Laiki administator
The Central Bank of Cyprus said that the Resolution Authority appointed Cleovoulos Alexandrou as special administrator of the defunct Cyprus Popular Bank in succession of...
Zolotas free on bail (Updated)
Greek shipowner Michalis Zolotas, one of the defendants in the trial over a €1m payment to former Central Bank governor Christodoulos Christodoulou shortly after he...
Greece to extradite suspect in banking corruption case
Greece’s supreme court on Friday upheld a Cypriot request for the extradition of ship owner Michalis Zolotas, wanted in connection with a corruption case involving...
Christofias says Putin was wrong to reject request for second loan of up to €7bn
Former president Demetris Christofias said that Russian president Vladimir Putin ignored his “persistent and repeated” requests for an additional, up €7bn loan that would have...
Deutsche Bank, HSBC to evaluate options for Laiki’s BoC stake
The Resolution Authority continues to evaluate strategic options with respect to the 9.6 per cent stake of the defunct Laiki bank, in Bank of Cyprus,...
