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121. EU cuts funds to Hungary over unpaid asylum fine

The European Union has begun the process of reclaiming hundreds of millions of euros meant for Hungary after the country's government refused to pay a significant fine for violating the bloc’s asylum rules....

122. Moody’s sees positive outlook for Hellenic Bank following Eurobank deal

Moody’s upgraded Hellenic Bank’s credit rating to Baa2 from Baa3 on Wednesday, citing the recent acquisition of a 56% stake by Eurobank S.A. The agency also revised the bank's outlook to positive. ...

123. 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....

124. Leaders meet amid concerns over delayed GSI agreement

A summit meeting between Greek Prime Minister Kyriakos Mitsotakis and Cypriot President Nikos Christodoulides is set for Thursday, amid growing tensions over the future of the electricity interconnection project between Crete and Cyprus....

125. 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......

126. 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. ...

127. Sweden to pay migrants up to $34,000 to return home

Sweden is making significant changes to its migrant policies, marking a ''paradigm shift'' aimed at reversing decades of leniency. ...

128. IRS experts aid Cyprus in combating money laundering

In October 1931, notorious American gangster Al Capone was sentenced to 11 years in prison on five counts of tax evasion by the federal justice system, marking a pivotal moment in organized crime history in the U.S....

129. 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......

130. Von der Leyen unveils new European Commission lineup

European Commission President Ursula von der Leyen has unveiled the list of new commissioners, including Kostas Kadis from Cyprus, who has been appointed as Commissioner for Fisheries and Oceans. ...

131. US sanctions two Cypriots over spyware threat

Two Cypriot individuals were included in the new designations issued on Monday by the Treasury’s Office of Foreign Assets Control (OFAC)....

132. Cyprus secures majority of EU funds, with minor tax reform pending

The European Commission has given Cyprus the green light for most of its request for €152 million in funding as part of the EU’s Recovery and Resilience plan, which aims to boost economies after the pandemic. Out of 38 goals Cyprus needed to meet, 37 were approved....

133. Will the Great Sea Interconnector become another failed project?

The Cyprus-Greece electrical interconnection, known as the Great Sea Interconnector, has highlighted the challenges of publicly discussing such a significant project....

134. 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......

135. Fitch upgrades Hellenic Bank's rating

Fitch Ratings has raised Hellenic Bank’s (HB) support rating from ‘bb-’ to ‘bb’, thanks to a similar boost for Eurobank S.A., which owns a majority stake in HB. This change reflects Eurobank’s growing role and influence over HB....

136. Homebuyers face mounting debts as developers' loans go unpaid

137. Cypriot President criticized for overtime and pension controversies

Last September, Cypriot society witnessed the debacle involving Doxa Komodromou, who, despite being an official, billed the state for overtime at the president's request for events and speeches outside regular hours....

138. US financial experts visit Cyprus to tackle money laundering

A delegation of financial experts from the U.S. Department of the Treasury’s Internal Revenue Service Criminal Investigation (IRS-CI) will visit Cyprus from September 15 to September 19, 2024, for high-level discussions on money laundering and financial crime....

139. Cyprus faces critical challenges in key energy projects

Cyprus is grappling with pivotal energy projects at a crucial juncture. ...

140. Bank of Cyprus moves from London to Athens stock exchange in major shift

In a series of significant moves, Cyprus's banking sector is undergoing notable changes this autumn....

141. Trump speaks out after gunfire: ‘I am safe' as suspect arrested

Former President Donald Trump, 78, was unharmed after an alleged gunman fired shots near him at the Trump International Golf Club in Florida, according to the FBI. The suspect, identified as Ryan Wesley Routh, 58, was apprehended following a traffic stop on Interstate 95....

142. Cyprus and Greece near deal on critical electricity interconnection project

The upcoming visit of Cypriot President Nicos Christodoulides to Athens on Wednesday could mark the end of months of uncertainty surrounding the Cyprus-Crete electricity interconnection project, according to a report by Apostolos Tomaras in Sunday's Kathimerini....

143. Bank of Cyprus to re-list on Athens exchange after seven years

The Bank of Cyprus will re-list on the Athens Stock Exchange (ASE) after a seven-year absence, following the approval of two resolutions by shareholders at an Extraordinary General Meeting on September 13, 2024. ...

144. Politics Blog: Mr. ''Never surrender'' and Donald Trump

In the first televised debate between Donald Trump and Kamala Harris, the standout moment was when the former President claimed that illegal immigrants are eating Americans' cats, dogs, and basically all pets...

145. FT: China slaps PwC with $62 Million fine and six-month ban

Chinese authorities have hit PwC China with a hefty fine of $62 million and a six-month ban following a major scandal involving the collapsed property developer Evergrande, according to the Financial Times. ...

146. What makes a good salary across Europe's capitals?

What constitutes a good salary in Europe can vary greatly depending on several factors, including profession, education, and individual expectations. ...

147. 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....

148. Second Quarter & First Half 2024 Financial Results

AEGEAN announces its financial results for the Second Quarter and First Half of 2024. ...

149. Court boosts doctors' monthly payments in €1.3 million malpractice case

In a recent decision, Cyprus’s Court of Appeal increased the monthly repayment amounts required from three doctors who were found liable for medical negligence. ...

150. Cyprus banks praised by US for stronger sanctions enforcement

US sanctions imposed on entities and individuals in Cyprus are not targeting the country, but “oligarchs and arms traders” enabling “the Kremlin war machine” to continue the war in Ukraine......