Economic Adjustment Programme for Cyprus
Eurobank buys 9.9% stake in Hellenic Bank of Cyprus
The deal makes it the 4th largest shareholder in the Cypriot bank
Greece retains negative yield in first debt auction of year
Greece has raised 487.5 million euros ($544.4 million) in a treasury bill sale that saw the country maintain its negative interest rate in the first debt auction of the year as the debt-strapped country attempts to regain full market access.
The Public Debt Management Agency said the 13-week T-bills were auctioned Wednesday at a yield of -0.08 percent.
Cyprus suffers blow from massive bank withdrawals by Russian depositors
The economy of Cyprus has suffered a serious blow from the flight of Russian capital from the island.
The Russian oligarchs who appear to be a pillar of Cyprus' banking system apparently want to stash away their wealth in other countries as the battle to combat money laundering heats up in the EU.
Cypriot bond yields tumble after stellar bond sale
Government bond yields in Cyprus tumbled on Wednesday and stood out as the star performer in eurozone debt markets, a day after a 15-year bond sale drew solid demand in a further sign of progress for a country that exited its bailout in 2016.
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Russian deposits down by 5 billion in Cyprus as banks close 20,000 accounts
More than 20,000 foreign accounts have been closed by Cypriot banks since 2014 as a result of efforts to enforce the anti-money laundering directives, according to information provided by the Central Bank of Cyprus.
Investment grade still elusive for Greek bonds
Though Greece's credit rating has enjoyed gradual upgrades by rating agencies in recent months, reaching the coveted investment grade that will attract investors to the country's bonds will not be easy, according to analysts and banking groups examining Greece's position.
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Prior actions bill for fourth review submitted to parliament
The finance ministry submitted to parliament on Friday the omnibus bill with the prior actions required by Greece's creditors to complete the fourth and last program review.
More bond issues to shore up post-bailout future
Greece wants to tap bond markets twice before year-end and may sell its first 10-year issue in a decade, in an effort to convince investors that it does not need any more external aid after its bailout program ends in August, sources said.
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Draghi says up to Greece to decide on returning to bond market
European Central Bank President Mario Draghi said on Thursday it was up to Greece to decide whether to tap the bond market again, but that it needed to be done as part of an overall bailout strategy.
He said, however, there had been serious progress in Greece, which is on its third international bailout.
Bailout talks to resume on Tuesday, says government spokesman
The government on Thursday sought to set out a roadmap for the return of economic stability to Greece, with its spokesman Dimitris Tzanakopoulos announcing that foreign auditors will return to Athens next Tuesday and that a dragging bailout review will be completed by a Eurogroup summit on May 22.