https://knews.kathimerini.com.cy/en/news/strike-in-greece-leaves-passengers-stranded-on-33-flights
Thirty three flights to Greece (16 arrivals and 17 departures) are impacted by tomorrow's strike of air traffic controllers in Greece. The flights concern destinations Athens and Thessaloniki....
https://knews.kathimerini.com.cy/en/news/minister-dendias-pilots-f-16-viper-over-aegean
Defense Minister Nikos Dendias flew over the Aegean Sea on Friday in an F-16 Viper from the 340 Squadron, which is part of the Hellenic Air Force’s 115th Combat Wing. He was accompanied by a formation of F-16 Viper jets....
https://knews.kathimerini.com.cy/en/business/hellenic-bank-posts-impressive-2023-profit-of-€365-4-million
Hellenic Bank reported a substantial profit of €365.4 million for the year 2023, marking a significant upswing from €21.8 million in 2022. The Return on Tangible Equity (ROTE) for 2023 soared to 28.7%, a stark contrast to the 2.0% recorded in 2022....
https://knews.kathimerini.com.cy/en/news/greek-government-to-sell-its-stake-in-piraeus-bank-anticipates-high-demand
Greece will proceed with the complete divestment of the state from Piraeus Bank with the disposition of the 27% it controls through the Hellenic Financial Stability Fund (HFSF)....
https://knews.kathimerini.com.cy/en/comment/opinion/the-controversy-over-the-homophobic-school-video-and-societal-issues
In Cyprus, a heated debate has ensued over a school video labeled as homophobic. Despite the Minister of Education asserting no wrongdoing, tensions escalated on social media and in Parliament...
https://knews.kathimerini.com.cy/en/news/hellenic-bank-eyes-cnp-cyprus-takeover
Hellenic Bank has confirmed discussions regarding the potential acquisition of CNP Cyprus, validating a report by ''K''.
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https://knews.kathimerini.com.cy/en/business/hellenic-bank-and-ergo-germany-eye-cnp-cyprus-acquisition
Two entities are currently in discussions regarding the acquisition of CNP Cyprus Insurance Holdings, the subsidiary of the French insurance giant CNP Assurances. ...
https://knews.kathimerini.com.cy/en/business/deal-in-the-works-for-cnp-cyprus
The subsidiary of the French insurance giant CNP Assurances, CNP Cyprus Insurance Holdings, is currently in discussions for a potential change in ownership. ...
https://knews.kathimerini.com.cy/en/news/greek-mafia-stolen-phones-expose-three-murders-and-attempted-homicide
In a breakthrough discovery, two phones found in a stolen car in Aspropyrgos have unraveled a series of crimes linked to the so-called Greek Mafia....
https://knews.kathimerini.com.cy/en/news/congress-urges-biden-host-cyprus-president-at-the-white-house
Greek-American US Congress members of the Hellenic Caucus have sent a letter to US President Joe Biden, urging him to formally welcome the President of Cyprus, Nikos Christodoulides, to the White House, on the occasion of the 50th anniversary of the Turkish invasion of Cyprus....
https://knews.kathimerini.com.cy/en/news/major-crime-boss-gunned-down-in-greece
New evidence has emerged about the mafia execution of Vangelis Zambounis on Sunday morning in Neos Kosmos. The Hellenic Police are still investigating the case, which is another episode in the bloody cycle of the Greek mafia....
https://knews.kathimerini.com.cy/en/news/tension-peaks-in-cyprus-natural-gas-development
The development of the Natural Gas network of Cyprus has become a tangled mess, as after the delays in the schedules......
https://knews.kathimerini.com.cy/en/comment/opinion/beware-of-the-brits-bearing-ideas-for-a-cyprus-solution
According to recent reports, the British Foreign and Commonwealth Office is working on various scenarios to break the deadlock on the Cyprus problem and find a mutually acceptable formula....
https://knews.kathimerini.com.cy/en/news/cyprus-makes-the-cut-in-new-tax-friendly-nations-list
In a recent announcement, the Ministry of Finance shed light on the revised list of countries enjoying preferential tax status under the Independent Authority for Public Revenue of the Hellenic Republic (IAEA)....
https://knews.kathimerini.com.cy/en/business/as-2023-ends-banks-and-unions-lock-horns-on-pay-structures
The banks and bank employees' unions are at odds over labor issues and the signing of new collective agreements. As we approach the end of 2023, no significant progress has been made in renewing collective agreements during the outgoing year....
https://knews.kathimerini.com.cy/en/news/the-unforgettable-night-of-epic-xmas-street-fest
Last Sunday evening, December 17, Makarios Avenue in Nicosia witnessed a festive extravaganza as Epic Street Fest - The Xmas Edition took center stage at Spyridakis Square (360 building).
...
https://knews.kathimerini.com.cy/en/news/greek-home-sales-face-unprecedented-delays
The process of selling a house in Greece has started to look like an odyssey, after the developments of the last few weeks....
https://knews.kathimerini.com.cy/en/news/one-to-three-star-hotels-dominate-greece-s-accommodations
Three in four Greek hotels belong in lower categories of one to three stars, representing 50% of the country’s total capacity in terms of rooms, according to data from the Institute of Tourism Research and Forecasts (ITEP) of the Hellenic Chamber of Hotels....
https://knews.kathimerini.com.cy/en/news/epic-xmas-street-fest-nicosia-transforms-into-a-foodie-wonderland
Prepare for Epic Xmas Street Fest! Join Epic and Deejay Radio 93.5 for a festive extravaganza on Makarios Avenue, Spyridakis Square (360 building) in Nicosia this Sunday, December 17, from 6:00 PM to midnight....
https://knews.kathimerini.com.cy/en/business/is-the-digital-euro-the-ecb-s-game-changer-or-a-banks-ally
The digital euro would not be a threat to the role of banks as financial intermediaries, Constantinos Herodotou, Governor of the Central Bank of Cyprus (CBC) and ECB Governing Council member, has said, stressing that the digital euro will be issued and guaranteed by the ECB and not at the level of the member state....
https://knews.kathimerini.com.cy/en/news/cypriot-students-released-after-turkish-embassy-protest
The 27 Cypriot students who were detained by Greek police during a demonstration outside the Turkish Embassy in Athens have been released....
https://knews.kathimerini.com.cy/en/news/epic-street-fest-illuminates-nicosia-with-christmas-splendor
Brace yourselves for an unforgettable evening as Epic, in partnership with Deejay Radio 93.5, presents the much-anticipated Epic Street Fest - Christmas Edition 2023. On Sunday, December 17, from 18:00 to midnight, Makarios Avenue transforms into a winter wonderland, radiating the magic of Christmas....
https://knews.kathimerini.com.cy/en/news/ahi-reflects-on-kissinger-s-controversial-legacy-in-cyprus
The American Hellenic Institute (AHI) issued a statement on Monday, commenting on the legacy of former Secretary of State Henry Kissinger and his significant failure in addressing the Cyprus issue. Kissinger passed away last week at the age of 100....
https://knews.kathimerini.com.cy/en/news/questions-arise-over-€18-5m-purchase-for-foreign-ministry-relocation
Members of the Finance Committee in the Parliament have raised questions about the proposed release of 18.5 million euros for the purchase of the former Laiki Bank building in Nicosia, intended as the temporary relocation site for the Ministry of Foreign Affairs. ...
https://knews.kathimerini.com.cy/en/news/hellenic-bank-rakes-in-€240-7m-in-2023-s-first-9-months
Hellenic Bank announced on Tuesday a profit of €240.7 million for the first 9 months of 2023....
https://knews.kathimerini.com.cy/en/business/gulf-air-soars-to-new-heights-with-additional-flights
In a strategic move to bolster its European operations, Gulf Air, the national carrier of the Kingdom of Bahrain, has announced an increase in the number of flights to Larnaca and Athens....
https://knews.kathimerini.com.cy/en/life/enchanting-lights-and-joyful-nights-as-paramythoupoli-gets-ready
As the capital readies itself for the holiday season, the D'Avila Trench transforms into a festive haven, offering an enchanting escape for both children and adults....
https://knews.kathimerini.com.cy/en/business/cyprus-banks-bracing-for-profit-squeeze-according-to-moody-s
Moody's believes that Cyprus' small and saturated banking sector, the banks' limited loan portfolio, and low fee and commission income will restrict opportunities for growth in domestic banks' activities and profitability in the long term....
https://knews.kathimerini.com.cy/en/news/greek-government-s-€85-4m-move-shakes-aegean-airlines
Aegean Airlines on Monday announced that the Hellenic Republic submitted notification of its intention to exercise the rights granted by all the warrants it holds concerning the company’s shares on November 3, 2023....
https://knews.kathimerini.com.cy/en/news/bank-of-cyprus-and-hellenic-bank-upgraded-by-fitch
Fitch Ratings has delivered significant upgrades to the two largest Cypriot banks, Bank of Cyprus and Hellenic Bank, signaling a positive turn in Cyprus's economic landscape and a bright outlook for both financial institutions....
