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3031. 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%....

3032. Both sides calling for talks to resume 'as soon as possible'

Νegotiations for the Cyprus problem should be restarted “as soon as possible”, for a solution only in the framework of a united federal Cyprus, Greek Cypriot and Turkish Cypriot parties said on Wednesday after their regular meeting at Ledra Palace hotel in the Nicosia buffer zone, in the framework of the bi-communal dialogue under the auspices of the Embassy of the Slovak Republic in Nicosia....

3033. Fisher backs federal model in Cyprus peace talks

I will use the full weight of my office to support Cypriot-led, UN-facilitated efforts to reunify Cyprus as a bizonal, bicommunal federation with political equality for all Cypriots candidate for the position of the US Ambassador to Cyprus, Julie Fisher, has assured...

3034. When the ink dries, this will be the new archaeological museum

3035. Fuel price cuts have begun

Following a month of price volatility, the Cypriot market should see a reduction in the cost of motor and heating fuels in the coming days....

3036. Lawyers in Cyprus oppose backlog regulations

Lawyers in the Republic Cyprus are planning a demonstration against regulations aimed at expediting backlogged court cases, amid efforts by the state to speed up one of the world’s slowest administration of justice...

3037. Kasoulides: Cyprus solution a 'win-win' if there is political will

The solution to the Cyprus problem could be a win-win situation for all stakeholders, Foreign Minister Ioannis Kasoulides has said, adding that there is a great possibility for this provided that there is political will....

3038. The reason behind the President's political 'pirouette'

I've watched and re-watched President Anastasiades' recent statements several times. The abrupt change of heart and his decision to support Averof Neophytou just 80 days before the election....

3039. Greek Navtex is a message to Libya

The navigation warning issued by Greece on Saturday expanding the area of seismic surveys for oil and natural gas deposits off the coast of Crete was in response to a request by US oil firm ExxonMobil, which has been granted exploration rights, but also serves a geopolitical purpose...

3040. Cyprus wants to get in on fast-track gas to EU

Cypriot President Nicos Anastasiades is calling on Brussels to help encourage companies to move fast and include the island in plans to supply Europe with natural gas from the eastern Mediterranean...

3041. Prisons are the 'headquarters' of organized crime

The measures taken by the Central Prison Management are neither sufficient nor effective and results in an uncontrolled and extremely dangerous situation that poses risks to the safety and lives of people inside and outside the Prison, ...

3042. Larnaca headmaster in the hot seat again

The principal of a high school in Larnaca who had expelled dozens of students at the beginning of the school year due to their haircuts is in the hot seat again. ...

3043. Procedures, criminal offender profiles, and the law governing child abuse

The recent news has been overshadowed by new complaints from schoolgirls in Cyprus alleging that their headmaster has harassed them sexually, while in Greece the Aeolus box is opening due to revelations about the "Ark of the World" foundation....

3044. Black Friday: See how the annual shopping event is shaping up (photos)

On Thursday afternoon, sales began to increase significantly, particularly in shopping centers that benefited from favorable weather conditions, however, as of Friday morning, traffic appears to be somewhat subdued, at least in comparison to the corresponding images from 2019....

3045. UN invites divided Cyprus’ leaders to a social

The two community leaders of divided Cyprus will mark the end of 2022 next month during a social event hosted in the UN buffer zone, with the encounter taking place at a time when chances for new peace talks range from slim to none...

3046. A saint and a monster

The allegations of sexual abuse reported at the homes of the children’s charity Ark of the World (Kivotos tou Kosmou) have caused a huge shock to public opinion....

3047. Small number of banks meeting new loan demand

The net demand for loans from businesses in Cyprus decreased in the third quarter of 2022, and banks anticipate a similar decline in the net demand for loans from businesses and households in all loan categories in the fourth quarter of 2022 compared to the third quarter. ...

3048. North detains two teens on counterfeit spending spree

Two Greek Cypriot teenagers accused of using fake money to make purchases in the north have been arrested by Turkish Cypriot police, while another man from the south was detained after cartridges were found in his vehicle...

3049. 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....

3050. More routes and airline seats for the winter

The announcements by Ryanair in the morning and Wizz Air on Monday afternoon to increase the fleet at Cypriot airports and add new routes clearly pleased Hermes Airports and the tourism industry in general,...

3051. Complaints about Black Friday deals have begun

The Consumer Association had begun receiving complaints about deceptive product offers as Black Friday draws near....

3052. Homelessness on the streets of the capital (Photos)

Citizens in the heart of the capital are faced with a depressing sight. The image of two homeless people, a father and son, whose story is well known among the locals, sleeping on the streets of Makarios Ave....

3053. Turkey says S-400 ready for use if needed

Turkish Defense Minister Hulusi Akar says his country’s Russian-made surface-to-air missile batteries are ready for action and will be used if the country is threatened...

3054. Archbishopric hopefuls turn attention to foreign voters

A growing number of reports on the archbishopric election in Cyprus, a high stakes political affair set to take place next month, suggest foreign voters are a big unknown as six contenders navigate a deeply divided society where influences from East and West are being renegotiated...

3055. Anastasiades meets Scholz, Steinmeier in Berlin

Republic of Cyprus President Nicos Anastasiades is set to meet the political leadership of Germany on Wednesday, during his working visit in Berlin...

3056. 32nd Auction Sale by Psatharis

Once again, the Psatharis Auction House has collected a rich group of artworks that will be presented at the Kleopatra Hotel from November 28th to 30th as part of the 32nd auction. The collection includes over 130 works by Cypriot and Greek artists and a remarkable selection of maps of Cyprus....

3057. What are these strange white cameras on the streets? (photos)

Several citizens have inquired about the new cameras. What precisely do they do? Are they for specific public services? And where have they been installed? Are new lawsuits on the way?...

3058. CYTA expects €400 million in revenue this year

Deputy Chairman of the Committee Chrysis Pantelides told CYTA after discussing the organization's budget for 2023 that CYTA is a very good example of a profitable and robust semi-governmental organization that should remain in the ownership of the state so that the public and society at large reap these important benefits....

3059. Airlines pushing for single-pilot flights

Airlines around the world are pushing for only one pilot in the cockpit of passenger jets as part of efforts to cut costs and decompress from staff shortages....

3060. Cyprus and Greece have the highest antibiotic consumption rates in the EU

According to recent data from the European Centre for Disease Control and Prevention, Cyprus and Greece have the highest ranking in the union for antibiotic consumption and are among the European Union countries with the highest rates of antimicrobial resistance and burden...