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Moneyval report: Cyprus improves compliance in financial measures

Further progress in tackling money laundering and combating the financing of terrorism from Cyprus has been noted by the...

INSIGHT-If Trump wins, he plans to free Wall Street from “burdensome regulations”

A second Trump White House would seek to sharply reduce the power of U.S. financial regulators, according to a...

Kazamias refutes having banking background, responds to president

"Never have I claimed or declared that I am a banker but an honest collaborator," states former Minister of...

Finance minister receives both salary and pension

Finance minister Makis Keravnos participates in discussions on behalf of the executive authority regarding the regulation of multiple benefits/pensions...

Submission deadline for solidarity fund applications

The Ministry of Finance, following its relevant announcement dated 20/12/2023 regarding "Participation in the National Solidarity Fund Replenishment Plan",...

President appoints new central bank governor

The President of the Republic, Nikos Christodoulidis, exercising his constitutional powers, decided to appoint Christodoulos Patsalides as the Governor...

Almost €20,000 in unpaid cheques in February

Sixteen unpaid cheques totalling €19,388 were issued in February, leading to nine individuals or companies being added to the...

€120 million to the state from bank profits

The positive impact of rising interest rates on banks' balance sheets has caused a surge in interest income and...

43-year-old remanded for money laundering

Remand until the commencement of his trial, scheduled for 17th April by the Permanent Criminal Court, has been ordered...

Minister pressed to submit pension bills to parliament

A new letter to the Minister of Finance, Makis Keravnos, has been sent by the President of the House,...

Understanding Cyprus’ private debt reduction

The private debt in Cyprus continues its downward trend, but its reduction, besides being slow, appears more nominal than...

World Bank to provide Egypt with $6 bln over three years

The World Bank Group said on Monday it intends to provide more than $6 billion of support over the...

South Sudan president fires finance minister amid an economic crisis

South Sudan President Salva Kiir has fired the country's finance minister without giving a reason, although the move comes...

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