Showdown looms at the House over foreclosures
A marathon session in parliament on Monday failed to avoid a showdown at the House plenum for later this week, where MPs will be voting on a contentious bill tabled ...
Our View: We need a justice system that can deal with white-collar crime
The 10 defendants implicated in a loans scandal at the Strovolos Cooperative Bank were cleared of all charges by the Nicosia criminal court on Thursday. There was a total of 48 charges ...
Unprofitable Cypriot banks need to elevate productive lending and reduce NPL sales
By Les Manison
Comparative data for 2021Q2 published by the ECB under its Single Supervisory Mechanism, reveal that the three largest Cypriot banks performed poorly relative to most of their ...
The significance of the Georghadjis List
Politically exposed persons must shed their clothes
At last! The Georghadjis List has been published. It is a list of politically exposed persons indebted to the “institutional” banks operating in ...