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By Stefanos Evripidou NON-PERFORMING loans (NPLs), the bane of the Cypriot banking system, continued to rise in July, recording an increase of approximately €130 million by the end of the month, compared with the previous month of June, according to data released yesterday by the Central Bank of Cyprus (CBC). The data release marked the first time the CBC published a single aggregation for banks and co-operative credit institutions. According to the data, despite a reduction in the total amount of loans...
Washington (AFP) - Moody's maintained its negative rating on France Friday but despite earlier reports did not deal the struggling economy a downgrade. Moody's kept its Aa1 overall rating for the country's debt, but warned of significant risks in the government's efforts at restructuring to deal with its heavy fiscal challenges. Join the conversation about this story »
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