https://knews.kathimerini.com.cy/en/business/aretaeio-hospital-has-been-purchased-by-hellenic-healthcare-group
Hellenic Healthcare Group has completed its acquisition of Aretaeio Medical Center Ltd....
https://knews.kathimerini.com.cy/en/business/gatzke-hellenic-relations-have-returned-to-normal
After taking a brief leave of absence, Hellenic Bank CEO Oliver Gatske has returned to his duties. Mr. Gatske was given the green light to return to his office on Monday after the Cyprus Securities and Exchange Commission cleared him of any wrongdoing....
https://knews.kathimerini.com.cy/en/business/€36-million-loss-so-far-reported-by-banks-this-year
The banking system reported a loss after tax of €36 million on a consolidated basis in the first nine months of 2022, compared to a profit of €22.54 million in the corresponding period of 2021....
https://knews.kathimerini.com.cy/en/business/gatzke-returns-to-hellenic
Oliver Gatzke, CEO of the Hellenic Bank, has returned to the Bank of Greece's headquarters as of today, December 12....
https://knews.kathimerini.com.cy/en/business/tying-up-loose-ends-at-hellenic
Hellenic Bank experienced several changes in 2022, as it closed outstanding issues while also opening new chapters. Hellenic Bank made changes to its top management, staff, shareholding composition, and labor issues in the fourth quarter of 2022, ...
https://knews.kathimerini.com.cy/en/business/hellenic-ceo-cleared-of-any-wrongdoing
Oliver Gatzke, CEO of Hellenic Bank, has not been linked to any suspicious activity, according to the Cyprus Securities and Exchange Commission (CySEC)....
https://knews.kathimerini.com.cy/en/business/hellenic-bank-soon-to-be-under-the-control-of-eurobank
Eurobank is gaining control of Hellenic Bank after purchasing Wargaming's 13.4% stake. With the addition of the 12.6% it held from the purchase of all shares in Third Point Hellenic Recovery Fund in the summer of 2021, it now stands at 26%....
https://knews.kathimerini.com.cy/en/business/€76-4m-profit-in-first-9-months-of-2022-for-hellenic
Hellenic Bank announced a profit of €76.4 million for the first 9 months of 2022. According to the Group Financial Results for the nine-month period, ...
https://knews.kathimerini.com.cy/en/news/14-billion-euros of-loans-on-ice-due-to-the-suspension-of-foreclosure-sales
In Cyprus, credit purchasing companies manage over 80,000 loans totaling €20 billion....
https://knews.kathimerini.com.cy/en/news/replacement-of-russian-arms-mooted
The war in Ukraine is expediting the complete decoupling of the Hellenic Armed Forces from Russian-made weapons systems, as it is becoming abundantly clear that the rupture between Moscow and NATO is not conducive to the creation of conditions for their maintenance...
https://knews.kathimerini.com.cy/en/news/the-consequences-of-continuing-foreclosure-suspensions
Lambros Papadopoulos, President of the state-owned asset management company, KEDIPES, warned on Tuesday that the continued suspension of foreclosures will negatively affect the company’s revenue from non-performing loans (NPLs) management resulting in a reduced repayment of state aid....
https://knews.kathimerini.com.cy/en/business/cypriot-registered-ships-decrease-by-21-due-to-sanctions
A large number of tankers that previously sailed under European Union flags, such as Cyprus and Malta’s, are leaving those registers as a result of the sanctions on Russian oil transportation....
https://knews.kathimerini.com.cy/en/news/the-future-of-civil-protection-in-the-mediterranean
The Nicosia Risk Forum 2022, which begins on Tuesday at the Radisson Blu Hotel in Larnaca, strives to be a game changer in Mediterranean civil protection....
https://knews.kathimerini.com.cy/en/business/400-500-hellenic-employees-to-be-made-redundant
On Monday, November 24th, 400–500 voluntary employees will depart Hellenic Launches; this will be the final shift provided by the bank....
https://knews.kathimerini.com.cy/en/news/archbishop-to-lie-in-state-until-funeral-on-saturday-images
Archbishop Chrysostomos will lie in state from Thursday until Saturday when his funeral service will be held on Saturday at St. Varnavas church....
https://knews.kathimerini.com.cy/en/news/ep-committee-in-cyprus-to-investigate-spyware-claims
A delegation from the European Parliament’s committee of inquiry to investigate the use of Pegasus (PEGA) and equivalent surveillance spyware arrives in Cyprus on Tuesday afternoon, as part of a joint mission in Cyprus and Greece.
PEGA gets a job in Cyprus - Why won't Drakou meet with the committee
It will investigate complaints about the development and use of spyware on the spot...
https://knews.kathimerini.com.cy/en/news/greece-turkey-at-it-again-over-buck-naked-refugees
A shocking image of fully naked refugees picked up by Greek police has puzzled officials and the media, with Athens pointing the finger at Turkish authorities and Ankara firing back accusing Greece of covering up human rights violations...
https://knews.kathimerini.com.cy/en/news/banking-sector-to-cut-600-more-employees
The number of employees in the Cypriot banking sector will have been reduced further by the end of 2022. By the end of this year, 600 bank employees will have left the company, while about 50 will have been transferred to a similar but non-banking sector....
https://knews.kathimerini.com.cy/en/news/americans-show-more-interest-in-greece-s-golden-visa-program
Americans’ interest in Greece’s Golden Visa program has marked a significant increase recently, according to the latest report of real estate experts Berkshire Hathaway HomeServices....
https://knews.kathimerini.com.cy/en/news/suspicion-over-turkish-fishing-boats-in-migrant-drownings
Hellenic Coast Guard officers have told Kathimerini they were investigating the role of Turkish fishing boats that were close to the location where a dinghy sunk late Wednesday and a confirmed 18 people drowned, the deadlier of the two incidents involving migrants....
https://knews.kathimerini.com.cy/en/news/sba-judge-slams-criminal-justice-system-in-cyprus
A resident judge on the British Bases in Cyprus, who recently denied a removal request for two suspects in connection with an ongoing fake cocaine investigation, took the time in his remarks to issue a far-reaching indictment against the maladies of the Greek Cypriot criminal justice system...
https://knews.kathimerini.com.cy/en/news/erdogan-calls-on-world-to-open-up-to-turkish-cypriots
Turkish President Recep Tayyip Erdogan has called on the international community to stop imposing sanctions on northern Cyprus, saying Ankara’s unheeded calls for cooperation showed “who supports provocation and conflict and who supports peace and stability” in the region...
https://knews.kathimerini.com.cy/en/business/profits-of-€55-4-million-in-first-half-of-2022-for-hellenic-bank
Hellenic Bank reported a profit of EUR 55.4 million for the first half of 2022, compared to a profit of EUR 21 million in the corresponding half of 2021....
https://knews.kathimerini.com.cy/en/business/greece-is-enticing-northern-retirees-with-its-easier-winters
Northern pensioners who want to afford this winter more easily with a significantly lower financial burden can now travel to Greece, according to the Greek Minister of Tourism, Vasilis Kikilias....
https://knews.kathimerini.com.cy/en/news/ankara-accuses-greece-of-fatal-pushback
Ankara says Greece is responsible for the deaths of six irregular migrants, including young children, whose boat sunk this week during an alleged pushback, with Athens denying the allegations and pointing out that the incident took place in Turkish waters...
https://knews.kathimerini.com.cy/en/news/cyprus-air-force-one-takes-its-maiden-voyage-to-larnaca
At a special ceremony held today at the Elefsina Air Base, the President of the Republic Mr. Nicos Anastasiades received from the Prime Minister of Greece Mr. Kyriakos Mitsotakis, an aircraft of the Hellenic Republic donated to the Republic of Cyprus....
https://knews.kathimerini.com.cy/en/news/greek-border-with-turkey-to-be-fully-fenced-off
Responding to an apparent escalation in Turkish moves to push migrants into Greece over land and sea, the Council for Foreign Affairs and Defense (KYSEA) decided on Tuesday in favor of additional measures for the protection of the country’s borders....
https://knews.kathimerini.com.cy/en/news/cyprus-air-force-1-ready-for-delivery
The EMB-135LR, touted as Cyprus' Air Force 1, is ready for delivery. The presidential aircraft was gifted to Cyprus by the Hellenic Republic as a token of appreciation for Cyprus' help in fighting the devastating fires in Mati in 2018....
https://knews.kathimerini.com.cy/en/news/the-4th-nicosia-epic-street-fest-is-fast-approaching
Coming this Christmas on Stasikratous Street on Wednesday 21 December from 7 pm to midnight!...
https://knews.kathimerini.com.cy/en/news/sba-judge-faces-dilemma-in-fake-cocaine-case
The attorneys of two men, who were arrested in Akrotiri in connection with a cocaine shipment investigation, are asking the SBA judge not to hand over their clients to the drug squad of the Republic of Cyprus, arguing their arrestable offenses were committed on British Base soil and had nothing to do with drugs...