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BoC outstanding ELA drops to €2.4bn after repayment of €0.4m in June
Bank of Cyprus’ outstanding emergency liquidity fell in June to €2.4bn or below compared with €2.8bn in May, after it repaid more than €9bn over...
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Nicosia reinstates SMS parking payments
NICOSIA Municipality announced Friday that from July 19 people will again be able to pay for parking by simply sending an SMS message though...
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CYPRUS: Aristo in deal with BOCY for full repayment of €283 mln in loans
Aristo Developers Ltd and Bank of Cyprus have reached an agreement for the full repayment of all the Group&...
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Legal Services to review €1m Focus payment
A meeting was set to take place at the Legal Services on Monday to discuss the case of Focus and the alleged €1 million payment to the company of...
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Debt repayments loom, spiking in 2019
The Republic of Cyprus has reduced its need for loans in the coming three years, but the timeline for debt repayment still looms, with a spike in...
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Government submits bill for overdue social insurance payments
The government has submitted a new bill allowing the payment of overdue social insurance contributions through 48 monthly instalments instead of...
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Uni grant payments get underway
ALMOST 250 state grant applications for university students have been rejected, while payments for over 2,000 successful applicants have begun,...
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Japan denies report on 2020 Olympics bid payment
Japan on Thursday denied a report that its Tokyo 2020 Olympic bid team had paid 1.3 million euros ($1.48 million) as part of its efforts to host...
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FBME administrator rules out loyalty scheme payment before court ruling
By Stelios Orphanides The special administrator of the Cyprus branch of FBME Bank, the Tanzanian lender, which had its licence revoked by the...
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FBME administrator rules out loyalty scheme payment before court ruling
By Stelios Orphanides The special administrator of the Cyprus branch of FBME Bank, the Tanzanian lender, which had its licence revoked by the...
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Puerto Rico will default in debt payments on Monday
Gov. Alejandro Garcia Padilla announced that Puerto Rico’s government will not make nearly $370 million in bond payments due Monday after a...
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FBME staff reach deal on payment of wages and benefits
Workers at FBME bank and a special administrator overseeing the shuttering of the embattled lender have come to an agreement regarding the...
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Talks on the repayment of overdue debts to the SSF
The President of the Republic has requested a review by the Parliamentary Committee on Labour of the law according to which an employer is...
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Infamous Polly Peck fraudster Asil Nadir moved to Turkish jail after £7million payment
After the company collapsed he fled to northern Cyprus where he lived in a mansion for almost 20 years until he returned to Britain in 2010...
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The EU28 balance of payments records a surplus of €9.1 billion in February
The EU28 seasonally adjusted current account of the balance of payments recorded a surplus of €9.1 billion in February 2016, compared with...
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FBME staff strikes demanding payment of dues, fired workers join in
By Stelios Orphanides Workers at FBME Bank, the Tanzanian lender stripped of its license by the Central Bank of Cyprus, said they entered an...
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FBME staff strikes demanding payment of dues, fired workers join in
Workers at FBME Bank, the Tanzanian lender stripped of its license by the Central Bank of Cyprus, said they entered an indefinite on Monday...
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Central bank says FBME legal battle may delay payment of compensation
By Stelios Orphanides The Central Bank of Cyprus said that the decision of the Tanzanian lender FBME bank to contest its decision at the court...
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Central bank says FBME legal battle may delay payment of compensation
The Central Bank of Cyprus said that the decision of the Tanzanian lender FBME bank to contest its decision at the court to liquidate its Cyprus...
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Payments by ECHR decrease in in 2015
The European Council sharply decreased the amount of compensation paid to member states in 2015 to conform to the European Court of Human Rights’...