https://knews.kathimerini.com.cy/en/business/hellenic-bank-cuts-fees-for-customers
Hellenic Bank is taking steps to enhance its services and support its customers. Mr. Phoebus Stasopoulos, the Senior Banking Manager of Hellenic Bank, announced the expansion of the limit for free SEPA transfers through Online Banking....
https://knews.kathimerini.com.cy/en/news/weather-fluctuations-hit-cyprus
A prominent low-pressure system named "Elias" is currently centered in the southern Ionian Sea, and its effects are being felt across the Hellenic region. ...
https://knews.kathimerini.com.cy/en/news/16-students-awarded-$34-500-in-scholarships-for-us-universities
The Cyprus Children's Fund (CCF) has announced the selection of 16 students for its 2023 Scholarship Awards, totaling $34,500. These scholarships are aimed at supporting Greek students pursuing their education in American universities. ...
https://knews.kathimerini.com.cy/en/business/eurobank-to-acquire-hellenic-financial-stability-fund-stake
Eurobank Ergasias Services and Holdings S.A. has recently inked a conditional sale and purchase agreement with the Hellenic Financial Stability Fund. This agreement entails the acquisition of the Fund's entire stake in Eurobank's share capital....
https://knews.kathimerini.com.cy/en/news/syprodat-and-government-join-forces-to-end-non-performing-loans
Finance Minister Makis Keravnos expressed satisfaction with the progress made in divestments and the reduction of non-performing loans (NPLs) during a meeting at the Ministry of Finance with SYPRODAT President Costas Melas and Association Director Jenny Papacharalambous....
https://knews.kathimerini.com.cy/en/news/€369-million-eib-loan-for-smart-investments
The government has secured a €369 million loan from the European Investment Bank (EIB) with favorable terms to support expenditures and investments within the framework of the "Thalia" program. ...
https://knews.kathimerini.com.cy/en/news/airlift-saves-62-year-old-ailing-passenger-in-cyprus
In a carefully coordinated operation overseen by the Larnaca Search and Rescue Coordination Center (KSΕD), a 62-year-old patient was safely transported to Paphos General Hospital on Tuesday afternoon....
https://knews.kathimerini.com.cy/en/business/borrowers-in-a-high-stakes-game-of-loan-roulette
In 2023, borrowers face a pivotal year, primarily due to the soaring levels of inflation, rising prices, and increasing interest rates. This year also carries significant importance for banks, not in terms of profits, ...
https://knews.kathimerini.com.cy/en/news/over-200-000-dead-animals-reported-in-thessaly
More than 200,000 dead animals have been declared to the Hellenic Agricultural Insurance Organization (ELGA) in Thessaly, central Greece, according to Minister of Rural Development and Food Lefteris Avgenakis....
https://knews.kathimerini.com.cy/en/news/christodoulides-sets-course-for-un-assembly-and-high-stakes-talks
Cyprus President, Nikos Christodoulides, leaves on Friday for Athens where he will attended in the evening a dinner hosted in his honour by the Cyprus Union of Shipowners....
https://knews.kathimerini.com.cy/en/news/is-cyprus-banking-sector-heading-for-a-shake-up
The Cypriot banking sector is in trouble, and it looks like Eurobank is on the verge of acquiring Hellenic Bank. Meanwhile, Astrobank and CDB Bank's relationship has shifted from a "flirtation" to an "appointment."...
https://knews.kathimerini.com.cy/en/news/wargaming-to-divest-6-8-stake-in-hellenic-bank-to-eurobank-for-€65-9-million
Wargaming has announced its decision to sell its remaining stake of 6.8% (28,023,767 shares) in Hellenic Bank to Eurobank.
...
https://knews.kathimerini.com.cy/en/news/hellenic-bank-reports-impressive-profit-surge-of-€160-2-million
Hellenic Bank had a really good financial run in the first half of 2023. They made a profit of €160.2 million, which is a huge jump of 203% compared to last year at the same time....
https://knews.kathimerini.com.cy/en/news/australian-expats-generous-donation-enhances-makarios-hospital-s-pediatric-clinic
The Australian Hellenic Medical Charity and the Cypriot community of Adelaide donated equipment worth €50,000 for the needs of the pediatric clinic of the Makarios Hospital, during a ceremony that took place on Monday afternoon at the Presidential Palace....
https://knews.kathimerini.com.cy/en/news/eurobank-acquires-17-3-stake-in-hellenic-bank-for-€167-9-million
The Eurobank has agreed to acquire an additional stake of around 17.3% (equivalent to 71,428,572 shares) in the Hellenic Bank at a total price of 167.9 million euros, or 2.35 euros per share. ...
https://knews.kathimerini.com.cy/en/news/two-migrant-children-among-the-dead-from-evros-fires
Eighteen people died in the village of Avantas in Evros, northeastern Greece, where fires raged on Tuesday for a fourth straight day, along with dozens of new blazes....
https://knews.kathimerini.com.cy/en/business/eurobank-secures-full-control-of-hellenic-with-pimco-share-acquisition
Eurobank has successfully acquired all shares of Pimco in Hellenic Bank for €167.9 million, equivalent to €2.35 per share, solidifying its position as the predominant shareholder....
https://knews.kathimerini.com.cy/en/news/vegan-fam-festival-2023-embrace-life-sustainably
In an eagerly anticipated announcement, the Vegan Fam Festival, hailed as Cyprus' largest eco-festival, is set to make its triumphant return for the third consecutive year. ...
https://knews.kathimerini.com.cy/en/news/eight-arrested-in-chania-for-alleged-illegal-adoption-and-trafficking-ring
Early this morning, shortly after 03:00, the process of hearings for a total of eight individuals concluded at the Chania Courthouse. ...
https://knews.kathimerini.com.cy/en/news/police-had-prior-warning-of-croatian-hooligans-ahead-of-soccer-clash
The police had been informed in time about the movements of the Croatian hooligans ahead of the Champions League qualifying game between AEK Athens and Croatia’s Dinamo Zagreb on Tuesday, ...
https://knews.kathimerini.com.cy/en/news/croatian-hooligans-clash-with-greek-soccer-fans-in-deadly-athens-encounter
Investigations are underway to determine how an estimated 100-120 Croatian hooligans traveling on buses and in cars made their way to Athens from Zagreb on Monday and engaged in deadly clashes with local soccer fans despite a ban on supporters traveling to Greece for a match between Dinamo Zagreb and home team AEK on Tuesday....
https://knews.kathimerini.com.cy/en/news/the-euroasia-saga-continues
In a statement to ''K'' news, the European Commission expressed its appreciation for the recent signing of the cable purchase agreement for the EuroAsia Interconnector....
https://knews.kathimerini.com.cy/en/news/money-theft-attempt-at-paphos-atm
Authorities are investigating an incident of violation and money theft from an ATM in Paphos....
https://knews.kathimerini.com.cy/en/news/ceo-of-hellenic-bank-placed-on-leave
The Hellenic Bank's CEO, Oliver Gatzke, has been placed on mandatory leave with full pay after informing the bank of his decision to terminate his employment contract, effective from July 22, 2024, when the contract was due to expire....
https://knews.kathimerini.com.cy/en/news/canadair-crash-journalist-breaks-down-live
The tragic crash of a Canadair in Karysos left a journalist from ERT, Eleni Bouga, visibly shaken as she reported the devastating incident live on television.
...
https://knews.kathimerini.com.cy/en/business/fitch
Fitch Ratings released a new report on Monday stating that the credit profiles of Greek and Cypriot banks have significantly improved over the past year due to de-risking and restructuring....
https://knews.kathimerini.com.cy/en/news/rhodes-greek-priest-arrested-for-anointing-tourist-s-genitals-with-holy-oil
A priest was arrested on the Greek island of Rhodes earlier this week after a tourist claimed he anointed his genitals, a local outlet reports....
https://knews.kathimerini.com.cy/en/news/sweden-s-nato-membership-hangs-in-the-balance-as-turkey-poses-last-minute-hurdle
The developments surrounding Sweden’s NATO membership are rapidly unfolding, with indications pointing towards an imminent announcement of an agreement during the Vilnius summit held on July 11-12. However, there remains the possibility that Turkey may disrupt the proceedings at the last moment....
https://knews.kathimerini.com.cy/en/business/eurobank-s-vision-controlling-hellenic-bank-and-conquering-new-markets
According to Bloomberg, Eurobank's deputy chief executive, managing director, and head of international operations, Stavros Ioannou, expressed the bank's desire to eventually gain full control of Hellenic Bank in Cyprus....
https://knews.kathimerini.com.cy/en/news/interest-rate-increases-boost-cypriot-banks-2022-profits-to-€177-million
Bank of Cyprus and Hellenic Bank generated a combined profit of €164.7 Million in Q1 2023, Driven by interest rate increases....
