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The Week Video News April 13-20th, 2014

cyprus video news

Criminal Probe into Financial Crash Loses Lead Investigator

Lead investigator into the financial crash Themistos Arnaoutis has resigned, citing disagreements over the handling of the probe, said police spokesman Andreas Angelides.

No Capital Restrictions on Fresh Money - President

President Nicos Anastasiades said that there are no capital restrictions on fresh investments and deposits in Cyprus from abroad, and that existing restrictions are being tapered off according to a road map.

Speaking in Dubai, where he addressed a business forum, Mr. Anastasiades told investors that oversight of the financial sector has been improved and the economy is improving by leaps and bounds.

Banks To Shoulder Risks of Failure - European Parliament

The European Parliament said it has approved three new rules that pass the risks of failure onto banks instead of taxpayers.

Ukraine Crisis - Diplomacy is Way Forward - Kassoulides

Foreign Minister Yiannakis Kassoulides has told the European Council that everyone should focus on diplomatic efforts to de-escalate the crisis in the Ukraine. The EU should focus on the upcoming meeting in Geneva with US, Russia, Ukrainian, and the EU, he said.

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Mary's Dinner Club Stories - Blogging & Indonesian Dinner

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This Saturday’s event 'Guide to Promoting Your Blog' A presentation by Sarah Fenwick from Cyprus Newsreport followed by an Indonesian meal was yet another occasion that had me marveling at the incredible energy that is created when 15 open-minded, innovative people that have mostly never met before are put into one room - magic!

No Plan for Haircut in Co-Op Sector - Central Bank Spokeswoman

There is no plan for a haircut in the co-operative banking sector, said Central Bank spokeswoman Aliki Stylianou, responding to rumours that a 10% haircut was planned over the Easter holidays.

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