Dimitriou

Nicosia’s proposals for vulnerable citizens

Cypriot Finance Minister Makis Keravnos submitted several government actions aimed at addressing issues related to nonperforming loans to Parliament on Wednesday.

In a letter addressed to Speaker of the House Annita Demetriou, the Finance Ministry emphasized that the proposed framework is considered satisfactory and provides a "safety net" for vulnerable groups.

Praise for Cyprus by ECB executive

Philip R. Lane, member of the Executive Board and chief economist at the European Central Bank (ECB), said he is pleased to witness the significant progress of the Cypriot economy.

He was speaking after meetings on Wednesday at the start of his visit to Cyprus that concluded on Thursday, following an invitation from the governor of the Central Bank of Cyprus, Constantinos Herodotou.

Deputy Supreme Court prosecutor implicates gov’t official in Novartis affair

Deputy Supreme Court Prosecutor Ioannis Angelis has implicated a government official in an alleged bribery scandal involving the Swiss drugs manufacturer Novartis, in a statement issued Wednesday.
The official, who is said to be active in the judicial sector, is identified only as "Rasputin."

Watchdog upholds complaints over Jumbo advert

Greece's advertising watchdog has ruled that an Easter commercial by children's store Jumbo is sexist and encourages violence against women.

The Advertising Self-Regulation Council (SEE) upheld a complaint from the General Secretariat for Equality regarding the advertisement and asked for it to be changed or withdrawn within two days.

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