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271. Andreas Petsas named new CEO of Eurobank Cyprus

Eurobank Cyprus’ Board of Directors, decided to appoint Mr Andreas Petsas as a Member of the Board of Directors and as the Bank’s Chief Executive Officer (CEO), in a meeting held on 17 September 2024 in Nicosia....

272. Eurobank and India collaborate to create strategic business council

Mr. Ioannou raised concerns about whether the bank has a plan to maintain its strong profitability, which has largely come from rising interest rates......

273. Michalis Louis appointed CEO of Hellenic Bank

Michalis Louis has been appointed as the new Chief Executive Officer of Hellenic Bank Public Company Limited at the Annual General Meeting of the Shareholders of the Bank, with immediate effect, according to a decision taken by the Board of Directors of the bank......

274. Hezbollah radio explosions leave 20 dead in Lebanon's deadliest day of conflict

Explosions from Hezbollah's communication devices rocked southern Lebanon for a second consecutive day, killing 20 people and injuring more than 450 in what has become the deadliest episode since cross-border hostilities with Israel intensified nearly a year ago. ...

275. Cyprus' Supreme Court suspends Auditor General (UPDATE)

UPDATE: The Supreme Constitutional Court unanimously ruled Wednesday to suspend Auditor General Odysseus Michaelides, citing misconduct and incompetence....

276. Decision pending on Auditor General’s fate

The Supreme Constitutional Court began its session at 9:30 p.m. on Wednesday to deliberate on Attorney General George Savvides' request for the dismissal of Auditor General Odysseas Michailidis over alleged "improper conduct."...

277. Minister backs Cyprus-Crete cable, RAEK to review

According to Apostolos Tomaras' article which was published in Kathimerini's Cyprus edition, Cyprus and Greece are poised to resolve lingering issues surrounding the electricity interconnection project between Cyprus and Crete......

278. Cyprus' Kostas Kadis named EU commissioner for Fisheries and Oceans

European Commission President Ursula von der Leyen has selected Cyprus' Kostas Kadis as the next Commissioner for Fisheries and Oceans. Announcing the decision today, von der Leyen praised Kadis, saying,...

279. Cyprus puts cancer battle at the heart of 2026 EU Council Presidency

Deputy Minister for European Affairs Marilena Raouna has said that as Cyprus prepares to undertake its second Presidency of the Council of the EU in January 2026......

280. UN to push for trilateral talks amid solution uncertainty

According to Yiannis Ioannou in this Sunday's Kathimerini, efforts to revive Cyprus peace talks face significant challenges as hopes for a trilateral meeting between the UN Secretary-General, the Greek Cypriot, and Turkish Cypriot leaders during the UN General Assembly in New York appear slim. ...

281. ''Blue Homeland'' doctrine now taught in Turkish schools

Turkish school textbooks now include explicit references to the "Blue Homeland" doctrine, though the maps traditionally used to define its geographic boundaries have been removed....

282. Shipping Minister champions new maritime training facilities at Chios Academy

The qualitative upgrading of maritime education is of primary importance, Deputy Minister of Shipping Marina Hatzimanolis has said recently in Greece......

283. Student Transfers Now Open at the University of Limassol (UoL)

The University of Limassol (UoL) is pleased to announce that student transfer applications for the second year of undergraduate studies are now open and will be accepted until 27th of September 2024....

284. Could Friday the 13th seal the deal for the Great Sea Interconnector?

Following a high-stakes meeting of the Presidential Council, optimism is increasing about the Cyprus-Crete electricity interconnection project. Despite tight-lipped negotiations since Tuesday, early reports suggest a deal might be reached by Friday, September 13....

285. ECB cuts key interest rate to 3.5% amid slowing inflation and growth concerns

The European Central Bank (ECB) cut its key interest rate by 25 basis points to 3.5%, responding to slowing inflation in the Eurozone and concerns over weak growth. ...

286. The transformation of Berengaria Hotel in Prodromos continues: an overview of current progress

The repair and renovation works at Cyprus’s most historic mountain resort, the Berengaria Hotel in Prodromos, are currently in full swing, led by the well-known residential and commercial developer BBF......

287. Cyprus urges UN Security Council to uphold peacekeeping principles

Maria Michael, Cyprus’ Permanent Representative to the United Nations, underscored the critical role of peacekeeping operations amidst global challenges to peace......

288. Cyprus to allow women voluntary military service starting 2025

President Nikos Christodoulides announced Sunday night that the Cypriot government will soon offer women the opportunity to voluntarily enlist in the National Guard following their completion of secondary or technical school education....

289. Cypriot bank officials to present AML progress in U.S.

Top officials from four major Cypriot banks are headed to the U.S. on Sept. 16 to present updates on their progress in anti-money laundering (AML) efforts, sanctions enforcement, and foreign account management. ...

290. First Lady’s ''Let’s Go Troodos!'' Festival draws crowds despite rain

The ''Let’s Go Troodos!'' Festival, organized by First Lady Philippa Karsera Christodoulides, attracted large crowds on Saturday at the Presidential Residence in Troodos, marking the first time the venue opened to the public....

291. Christodoulides: ''We cannot operate in 2024 on 1960 terms''

The Cabinet convened yesterday to advance a significant framework of institutional reforms aimed at modernizing Cyprus' state apparatus....

292. Cyprus homebuyers favor apartments

Homebuyers in Cyprus are showing a growing interest in buying apartments, according to a new report. ...

293. Athens and Nicosia reach tentative agreement on energy project

According to a report by Kathimerini's Apostolos Tomaras, a tentative agreement between Athens and Nicosia, backed by the European Commission, has eased uncertainty surrounding a significant energy project. ...

294. Cyprus' illusion of prosperity as unemployment numbers mask realities

In its analysis, the Central Bank of Cyprus notes that in the first quarter of 2024, unemployment fell to 6%, the lowest level since 2009....

295. Turkey's Fidan pushes equal sovereignty for Cyprus at EU talks

Turkish Foreign Minister Hakan Fidan’s initial intervention during the informal summit of the Foreign Ministers of the EU in Brussels, on Thursday, was made without reference to the Cyprus problem, according to diplomatic sources....

296. Government greenlights patient advocate to oversee healthcare issues

297. Biden approved $230M temporary pier for Gaza aid

President Joe Biden ordered the construction of a temporary pier to deliver humanitarian aid to Gaza earlier this year......

298. European Commission allocates €1B to flood-affected nations

The European Commission proposed on Tuesday over €1 billion in financial support from the EU Solidarity Fund (EUSF) to help Italy, Slovenia, Austria, Greece and France deal with the impacts of the severe floods that hit these countries in 2023....

299. August sees deadliest week on Cyprus roads in 2024

Cyprus has seen a troubling increase in road fatalities so far this year compared to the same period last year....

300. ECB cuts Cypriot bond holdings to €6.38 billion

The value of Cypriot sovereign bonds held by the Eurosystem, as part of the Public Sector Purchases Programme (PSPP) and the Pandemic Emergency Purchases Programme (PEPP) declined to €6.38 billion......