News Local European Central Bank executive will not testify in CCB collapse investigation

European Central Bank executive will not testify in CCB collapse investigation

Chair of the Supervisory Board at the European Central Bank, Daniele Nouy said that, for the moment, she will not testify to a Research Committee regarding the collapse of Cyprus’ Co-operative Bank.

According to philenews, Nouy, who is regarded as President of the Single Supervisory Mechanism, which monitors the financial stability of banks in participating nation-states, believes that Cypriots who are involved in the case should testify first, before she takes the decision to come to Cyprus.

Nouy’s term at the ECB ends in December.

Read more:

https://in-cyprus.com/news/business/ccb-banking-licence-revoked/

Top Stories

Yellow warning about thunderstorms as of tonight

The meteorological service issued yellow warning about isolated thunderstorms. The warning is valid as of 20:00 on Friday evening until 16:00 on Saturday. According to the...

EU needs to take decisions that will lead to real de-escalation by Turkey

The delayed moves which Turkey made some days ago to purportedly achieve de-escalation are not convincing, Greek Foreign Minister Nikos Dendias said on Friday, noting...

Clarifications about COVID-19 cases in Central Prisons.

In reply to reports about confirmed cases of COVID-19 among the staff and the inmates of the Central Prisons, the Department of Prisons issued...

Expert concerned about percentage of positive COVID-19 cases

The percentage of positive Covid-19 cases out of thousands of tests carried out in Cyprus on a daily basis is a source of concern...

Cyprus Shipping Chamber joins forces with global business network MACN

The Cyprus Shipping Chamber and the Maritime Anti-Corruption Network (MACN), signed recently a Memorandum of Cooperation (MoC),  with the aim to collaborate on the...

Taste

Squash soup

Ingredients: 1 kg pumpkin, cut into small cubes, approximately 5 cups 2 medium (400g) sweet potatoes, cut into cubes, approximately 2 ½ cups 1 chopped leek, only...

Mezedes

No visit to Cyprus is complete without enjoying the traditional meal of many small dishes known as ‘meze’. This large feast, which has been a...

Prawns with fried cheese, barley shaped pasta

Put the barley shaped pasta into a small pan with salted water, bring to a boil and when tender, drain. Peal the prawns leaving...

Salmon and shrimp sheftalies

Mix all ingredients for tabbouli in a bowl and keep to one side so flavours can combine. Prepare the sheftalies: wash and soak the casing...