BANKS Eurobank acquires full control of Hellenic Bank Newsroom Eurobank has taken a significant step in consolidating its presence in Cyprus, announcing the acquisition of a controlling stake in Hellenic Bank, according to a report by Panyiotis Rougalas. READ MORE
Facebook entrenching Greece on tech map Parent company Meta Platforms to acquire homegrown startup and establish subsidiary company Kathimerini Greece Newsroom 01/02/2022 | BUSINESS
IMF: Forecasts for global recovery reduced to 4.4% for 2022 Pandemic, inflation and climate crisis will determine global development, according to the report Source: CNA 31/01/2022 | BUSINESS
Can banking institutions unilaterally impose new policies on clients with housing loan agreements? 31/01/2022 | BUSINESS
Billionaire Mark Cuban opens online pharmacy to provide affordable generic drugs The platform aims to help shield consumers from inflated drug prices 28/01/2022 | BUSINESS
Passenger ferries to Greece expected to begin in April or May 2022 Three companies vying for the Cyprus-Greece ferry line have reached the final stage Source: CNA 28/01/2022 | BUSINESS
Anti-vaxxers making ‘at least $2.5m’ a year from publishing on Substack The platform offers writers and journalists a space to say whatever they want, unencumbered by editors 27/01/2022 | BUSINESS
Flying car cleared for takeoff, but you'll need a pilot's license (video) The vehicle can fly at a maximum operating altitude of 18,000 feet 26/01/2022 | BUSINESS
NPLs in Cyprus banks down by €32 million at the end of October Total loans restructured amounted to €3.94 billion Source: CNA 26/01/2022 | BUSINESS
Teddy Sagi's Playtech embroiled in takeover battle The billionaire founder with business dealings in Cyprus decllined to comment Newsroom 25/01/2022 | BUSINESS