https://knews.kathimerini.com.cy/en/business/eurobank-sells-€27m-stake-in-demetra-holdings
In a significant financial move, Eurobank announced the completion of the sale of its 8.58% stake in Demetra Holdings Plc to Logicom Services Limited. The deal, finalized on January 16, 2025, involved the sale of 17,152,353 shares at €1.55 per share, totaling approximately €27 million....
https://knews.kathimerini.com.cy/en/news/greek-navy-s-new-frigates-a-tribute-to-heroes-from-ancient-history
The Greek Navy’s ambitious construction program for its 3+1 state-of-the-art Belharra frigates is well underway in Lorient, France. These advanced naval assets are set to significantly enhance the Greek Navy's operational capabilities, extending its reach far beyond the Aegean Sea....
https://knews.kathimerini.com.cy/en/business/president-s-banking-measures-spark-surge-in-first-home-loans
President Nikos Christodoulides' efforts to support citizens through new banking measures are beginning to yield results. Meetings held in December with the CEOs of Cyprus’ two major banks, Bank of Cyprus (BoC) and Hellenic Bank (HB), appear to have sparked a tangible interest in first-home mortgage schemes....
https://knews.kathimerini.com.cy/en/news/us-lawmakers-push-to-permanently-lift-cyprus-arms-embargo
Leaders of the Congressional Hellenic Caucus submitted a bill at the US House o Representatives aimed at permanently lifting the arms embargo imposed by the United States on the Republic of Cyprus....
https://knews.kathimerini.com.cy/en/news/exciting-beyond-sea-and-sun-conference-to-shape-cyprus-tourism-future
Cyprus is gearing up for a pivotal event tomorrow, with the ''Beyond Sea and Sun'' conference set to bring together key players from the global tourism industry to discuss the future of the island's tourism sector.
...
https://knews.kathimerini.com.cy/en/business/cyprus-greece-and-egypt-team-up-to-boost-business-opportunities
Entrepreneurs and businesses eyeing opportunities in the Eastern Mediterranean have reason to celebrate. Cyprus, Greece, and Egypt have formalized a powerful partnership with the establishment of a Trilateral Business Council...
https://knews.kathimerini.com.cy/en/news/cyprus-biggest-corruption-cases-head-towards-a-verdict-in-2025
The Independent Anti-Corruption Authority is gearing up for a pivotal 2025, with several high-profile investigations nearing their conclusions....
https://knews.kathimerini.com.cy/en/news/banks-under-fire-how-public-pressure-forced-a-shake-up
Over the past decade, Cypriot banks have paid over €500 million to the state through a special levy known as the ''double tax.''...
https://knews.kathimerini.com.cy/en/news/epic-street-fest-xmas-edition-new-date
Celebrate Christmas in Nicosia on Monday, December 30, for a Magical Night with EPIC and Deejay Radio 93.5!...
https://knews.kathimerini.com.cy/en/news/banks-announce-1-interest-rate-reduction
Following the parliamentary approval of the state budget and Tuesday’s meeting at the Presidential Palace with the CEOs of Bank of Cyprus and Hellenic Bank, Finance Minister Makis Keravnos appeared on RIK’s program Challenges on Wednesday evening....
https://knews.kathimerini.com.cy/en/news/the-djs-of-epic-street-fest-xmas-edition-2024
The most epic Christmas street festival is returning to Nicosia this year, bringing joy, music, delicious food, drinks, and, of course, an even more festive atmosphere!...
https://knews.kathimerini.com.cy/en/news/epic-spp-media-and-deejay-radio-unite-for-a-great-cause
Once again, Nicosia will be transformed into a Christmas wonderland as the city's biggest holiday street festival returns. This year’s EPIC STREET FEST promises to bring together people of all ages for a celebration filled with music, food, drinks, and plenty of festive fun....
https://knews.kathimerini.com.cy/en/news/participants-of-the-epic-street-fest-xmas-edition-2024
The biggest Christmas street festival is back this year in the heart of Nicosia, where the pulse of the city will beat stronger than ever at the EPIC STREET FEST XMAS EDITION 2024!...
https://knews.kathimerini.com.cy/en/news/epic-street-fest-xmas-edition-2024-–-bigger-better-and-more-festive-than-ever
The most epic Christmas street festival is back in Nicosia, ready to fill the city with music, delicious food and drinks, and of course, even more festive magic!...
https://knews.kathimerini.com.cy/en/comment/opinion/the-surprising-rise-of-al-jolani-and-its-implications-for-syria-and-cyprus
No one expected that al-Jolani, a man who began his journey in the Salafi jihadism of al-Qaeda’s Syrian branch, would lead such a counteroffensive from the anti-Assad Sunni opposition....
https://knews.kathimerini.com.cy/en/business/hellenic-bank-ceo-michalis-louis-on-merger-plans-and-cyprus-future
According to Kathimerini's Panayiotis Rougalas, Michalis Louis, in his first interview since becoming CEO of Hellenic Bank, discussed the challenges and opportunities ahead, especially in the context of the bank’s merger plans and its strategies for growth....
https://knews.kathimerini.com.cy/en/business/eurobank-s-€1-2-billion-investment-in-cyprus-signals-confidence
According to Kathimerini's Panayiotis Rougalas, Eurobank has made significant strides in its investment in the Cypriot banking sector, particularly with its ongoing acquisition of Hellenic Bank....
https://knews.kathimerini.com.cy/en/business/greek-hoteliers-sue-booking-com-over-equal-pricing-rules
Greek hoteliers, led by the Hellenic Chamber of Hotels (HCH), are preparing to take legal action against Booking.com, claiming damages that could total tens of millions of euros....
https://knews.kathimerini.com.cy/en/business/eurobank-acquires-full-control-of-hellenic-bank
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....
https://knews.kathimerini.com.cy/en/business/bank-workers-union-sets-sights-on-big-move-in-bank-of-cyprus
Last Thursday, the Cyprus Bank Employees' Association (CBA) announced it had sold its shares in Hellenic Bank to Eurobank, but already, reports suggest ETYK, the Cyprus banking employees’ union, is eyeing its next investment....
https://knews.kathimerini.com.cy/en/business/hel
Hellenic Bank and Cyprus bank workers' union ETYK have reached an agreement to fully implement their collective agreement, bringing an end to a prolonged dispute that caused uncertainty and disruption at the bank, according to a statement from ETYK....
https://knews.kathimerini.com.cy/en/news/greek-american-representation-in-congress-grows-with-six-new-members
Six Greek-Americans have been elected to the US House of Representatives in Tuesday’s presidential election, evenly representing the Democratic and Republican parties and strengthening the community’s voice in Congress by one....
https://knews.kathimerini.com.cy/en/business/hellenic-bank-reports-€284-4m-profit-for-2024
Hellenic Bank reported a profit of €284.4 million for the first nine months of 2024, up from €240.7 million in the same period last year....
https://knews.kathimerini.com.cy/en/business/cyprus-government-revisits-foreign-investment-control-amid-hospital-takeovers
The foreign investment control (FDI) bill, often referred to as the ''Lonestar'' bill, has resurfaced in Cyprus, prompting fresh discussions about foreign ownership of critical sectors, according to a report by Panayiotis Rougalas in this Sunday's Kathimerini. ...
https://knews.kathimerini.com.cy/en/comment/opinion/biden-christodoulides-talk-future-of-defense-partnership
The visit of President Nikos Christodoulides to the White House and his meeting with Joe Biden outline the excellent status of Cypriot-American relations....
https://knews.kathimerini.com.cy/en/news/euronet-remains-only-bidder-in-delayed-jcc-payment-systems-sale
The process for the sale of JCC Payment Systems, which began confidentially over the summer, appears to have hit a "snag," with Euronet as the only prospective buyer.
...
https://knews.kathimerini.com.cy/en/business/ft-dutch-court-rules-heineken-must-pay-millions-for-greek-subsidiary-violations
According to a report in the Financial Times, a Dutch court has ruled that Heineken is responsible for competition violations linked to its Greek subsidiary, Athenian Brewery, dating back to the 1990s. ...
https://knews.kathimerini.com.cy/en/business/bank-of-cyprus-shareholders-moving-at-different-speeds
CarVal Investors recently sold 3% of its 9.09% stake in Bank of Cyprus, sparking speculation that other shareholders may follow suit and sell their shares....
https://knews.kathimerini.com.cy/en/news/cyprus-strengthens-military-ties-in-crete-with-key-partners-in-medusa-13-2024
The multinational aeronautical exercise "MEDUSA-13/2024" took place in the maritime area of Crete from 11 to 20 October 2024, with the participation of aeronautical assets and Special Operations Units from Cyprus, Greece, Egypt, France and Saudi Arabia....
https://knews.kathimerini.com.cy/en/news/attica-bank-secures-us-investment-ahead-of-€672m-share-sale
Two major US investment funds are expected to participate in Attica Bank’s share capital increase, which takes place from October 21 to 30 and aims to raise 672.2 million euros....
