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....
https://knews.kathimerini.com.cy/en/news/cbc-top-savings-interest-rate-in-cyprus-hits-2-45
In August 2024, the Central Bank of Cyprus reported that the highest interest rate for term deposits of up to one year for households reached 2.45%. ...
https://knews.kathimerini.com.cy/en/news/cyprus-and-greece-strengthen-defense-ties-in-iris-2024-exercises
The final phase of the ''IRIS - 2024'' exercise, part of the Transatlantic Tactical Post-Troop Exercise (TAMS), took place in Kalo Chorio with the notable participation of two F-16 fighter aircraft from the Hellenic Air Force. This marks their first involvement since 2019....
https://knews.kathimerini.com.cy/en/news/agios-efstratios-becomes-greece-s-first-100-green-energy-island
Work on a pilot project to make the small northern Aegean island of Agios Efstratios (Ai Stratis) run entirely and autonomously on green energy has been successfully completed, Hellenic Electricity Distribution Network Operator SA (DEDDIE) announced on Wednesday.
...
https://knews.kathimerini.com.cy/en/news/greece-braces-for-uncontrolled-migration-amid-middle-east-crisis
Greece is bracing for a potential wave of uncontrolled migration, a concern highlighted during Wednesday’s meeting of the country’s National Security Council (KYSYEA)....
https://knews.kathimerini.com.cy/en/news/why-cyprus-is-not-at-risk-from-iran-s-ballistic-missiles
The recent escalation between Israel and Iran—marked by Tehran’s ballistic missile attack on Israel Tuesday night—and the ongoing conflict in Lebanon have raised concerns for the Republic of Cyprus....
https://knews.kathimerini.com.cy/en/business/cypriot-fleet-grows-by-12-deputy-minister-highlights-at-agm
The fleet of ocean-going vessels in the Cypriot registry has risen by 12% in the last year, Deputy Minister for Shipping Marina Hadjimanolis said during the Annual General Meeting of the Cyprus Ship Owners Association held in Athens....
https://knews.kathimerini.com.cy/en/news/elderly-defrauded-of-€40-000-in-utility-worker-scam
A group of Roma individuals continues to defraud elderly people by posing as employees of the Greek Public Power Corporation (DEI) and the Hellenic Telecommunications Organization (OTE), aiming to steal money....
https://knews.kathimerini.com.cy/en/news/greece-cyprus-pact-aims-to-close-transplant-gap-with-europe
In a move which would help Greece and Cyprus catch up with Europe in the field of transplants, the two countries signed two cooperation agreements on Thursday for the exchange of kidneys and lungs....
https://knews.kathimerini.com.cy/en/news/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.
...
https://knews.kathimerini.com.cy/en/news/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......
https://knews.kathimerini.com.cy/en/news/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......
https://knews.kathimerini.com.cy/en/news/hellenic-bank-boosts-first-time-buyers-with-reduced-rates
Hellenic Bank has introduced a new scheme offering reduced interest rates for first-time homebuyers....
https://knews.kathimerini.com.cy/en/business/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....
