https://knews.kathimerini.com.cy/en/news/hearing-for-auditor-general-s-suspension-postponed
The scheduled hearing to address Attorney General George Savvidis' request for the suspension of Auditor General Odysseus Michaelides on allegations of misconduct was postponed on Thursday....
https://knews.kathimerini.com.cy/en/comment/opinion/rentals-rise-as-home-ownership-trends-change
Around 20-25 years ago, Cyprus was renowned for having one of the highest rates of home ownership globally, with figures nearly reaching 78% - 80%, as per the data available then....
https://knews.kathimerini.com.cy/en/news/eurobank-gains-green-light-for-100-acquisition-of-hellenic-bank
The Cyprus Securities and Exchange Commission (the “CySEC”) approved on 25 June 2024, the publication of the Takeover Bid Document for the acquisition by Eurobank S.A. of up to 100% of the issued share capital of Hellenic Bank, whose shares are listed on the Main Market of the Cyprus Stock Exchange (“CSE”).
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https://knews.kathimerini.com.cy/en/business/paphos-polis-road-project-faces-uncertain-future
The long-awaited road project connecting Paphos to Polis Chrysochous, which began in May 2021, faces significant delays and potential abandonment. ...
https://knews.kathimerini.com.cy/en/news/uk-parties-to-support-cyprus-reunification-ahead-of-election
UK political parties have responded to a call by the National Federation of Cypriots in the UK to pledge their support for a free and reunified Cyprus, as stipulated in relevant UN Security Council resolutions....
https://knews.kathimerini.com.cy/en/news/€102-3m-spent-on-275-000-people-trained-on-30-500-programs
In the last five years, 275,000 people participated in 30,500 training programmes of the Human Resource Development Authority of Cyprus (HRDA) and the total expenditure reached to 102.3 million euro,...
https://knews.kathimerini.com.cy/en/business/cbc-chief-warns-tax-on-big-profits-could-hurt-economy
The new Governor of the Central Bank of Cyprus (CBC), Christodoulos Patsalides, expressed opposition to a windfall profits tax, which is a tax imposed by governments on companies that have experienced unexpectedly large profits,...
https://knews.kathimerini.com.cy/en/business/eurobank-increases-stake-in-hellenic-bank-to-55-48
Eurobank's share in Hellenic Bank has increased to 55.48%, after the latest acquisition of 240.303 shares, for €0.62 million....
https://knews.kathimerini.com.cy/en/business/eurobank-boosts-stake-in-hellenic-bank-with-over-500-000-shares
Eurobank has acquired 503,934 more shares in Hellenic Bank, for the cost of €1.29 mn, increasing its share at 55.42%....
https://knews.kathimerini.com.cy/en/comment/opinion/how-inheriting-property-can-cause-headaches
Everything usually starts with pure intentions: ''We have two children, so we pass on half a share to each of them to avoid offending anyone, and then let them do what they want.''...
https://knews.kathimerini.com.cy/en/news/did-zelensky-really-buy-a-hotel-in-occupied-cyprus
A false news story claiming that Ukrainian President Volodymyr Zelensky had purchased the Vuni Palace Hotel in occupied Kyrenia circulated widely in Greece and Cyprus for nearly 36 hours....
https://knews.kathimerini.com.cy/en/news/mario-nava-advocates-bicommunal-energy-project-in-cyprus
A bicommunal photovoltaic power plant would increase cooperation in the energy field and build trust, Mario Nava, the Director-General of the European......
https://knews.kathimerini.com.cy/en/news/ecb-approves-eurobank-s-acquisition-of-majority-stake-in-hellenic-bank
The European Central Bank (ECB) has granted the necessary approvals for Eurobank to acquire a 55.3% stake in Hellenic Bank....
https://knews.kathimerini.com.cy/en/business/resilient-ceos-embrace-ai-plan-for-sustainable-futures
Two in three CEOs optimistic about revenue and profit growth despite a challenging economic environment....
https://knews.kathimerini.com.cy/en/news/cyprus-revs-up-its-new-car-registrations
The Cyprus Statistical Service's latest report reveals a significant surge in motor vehicle registrations, marking a 33.5% increase to 17,589 in January-April 2024, compared to 13,180 in the same period of 2023....
https://knews.kathimerini.com.cy/en/news/no-negotiation-on-two-state-solution-with-ambiguous-sovereign-equality
A two-state solution with the vague term of sovereign equality will never be negotiated by the Greek Cypriot side, President Nikos Christodoulides said on Sunday, stressing that ''we have no secret plan B.''...
https://knews.kathimerini.com.cy/en/news/president-urges-eu-action-for-final-settlement-of-cyprus-problem
The Cyprus problem is a European issue par excellence and the European Union has every interest, but also obligation, to actively contribute through a leading role for its final settlement, using, utilizing all the politico-economic means and tools at its disposal in the context of EU-Turkey relations, President Nikos Christodoulides said in an address at an event on Thursday evening to mark Cyprus' 20th anniversary of accession....
https://knews.kathimerini.com.cy/en/business/global-talent-crisis-desire-for-international-experience-skyrockets
EY survey shows 75% of employers do not have fully developed mobility functions vital for meeting modern business and talent demands....
https://knews.kathimerini.com.cy/en/news/eurobank-set-to-dominate-cyprus-insurance-scene-with-hellenic-stake
As Eurobank eagerly anticipates the green light from regulatory bodies such as the European Central Bank, the Central Bank of Cyprus, and the Companies Registrar for its acquisition of 55% ownership......
https://knews.kathimerini.com.cy/en/business/€182m-deal-marks-hellenic-s-strategic-move-into-insurance-sector
CNP Cyprus, the subsidiary of the French insurance giant CNP Assurances, is finally being transferred to Hellenic Bank for €182 million....
https://knews.kathimerini.com.cy/en/business/hellenic-set-to-acquire-cnp-in-multimillion-euro-deal
Everything appears to be proceeding smoothly, and it seems that CNP Cyprus will soon be under the ownership of Hellenic Bank....
https://knews.kathimerini.com.cy/en/news/reduced-vat-for-homebuyers-within-12-months
The parliament has passed a law enabling beneficiaries to apply for a reduced 5% VAT rate within a year of acquiring a residence....
https://knews.kathimerini.com.cy/en/business/alpha-bank-ceo-eyes-expansion-in-romania
Alpha Bank chief executive officer Vassilis Psaltis pointed to further expansion and acquisitions in Romania in a joint interview with the CEO of Italian bank UniCredit, Andrea Orcel for Bloomberg....
https://knews.kathimerini.com.cy/en/comment/opinion/cyprus-problem-overlooked-in-eu-summit-discussions-on-turkey
The EU Council Secretariat has submitted a preliminary set of conclusions ahead of the upcoming Summit on April 17-18, delving into the matter of Turkey......
https://knews.kathimerini.com.cy/en/news/netflix-vs-the-world-unraveling-the-future-of-streaming-wars
In the rapidly evolving landscape of streaming services, industry titans are facing a pivotal moment as they navigate through a period of consolidation and uncertainty. ...
https://knews.kathimerini.com.cy/en/news/hellenic-bank-s-pursuit-of-cnp-cyprus-uncovers-uncertainties
The exclusive negotiations between Hellenic Bank and CNP Cyprus Insurance Holdings, a subsidiary of the French insurance powerhouse CNP Assurances, have captured attention for their high stakes and strategic importance....
https://knews.kathimerini.com.cy/en/business/demetra-holdings-challenges-eurobank-hellenic-merger
Demetra Holdings is seeking to overturn the National Competition Authority's (NCA) approval of the proposed merger between Eurobank and Hellenic Bank....
https://knews.kathimerini.com.cy/en/news/cyprus-news-digest-from-river-beautification-to-billionaires-bargains
It's been a while since we heard about inaugurations from our president, so this one deserves special mention: ...
https://knews.kathimerini.com.cy/en/news/insights-of-the-first-women-leaders-forum
On Tuesday, 26/03/24 the Women Leaders’ Forum 2024-IMH took place at Hilton in Nicosia. During the forum, business and professional sector leaders shared their insights on building, sustaining...
https://knews.kathimerini.com.cy/en/news/finance-minister-extends-rent-program-to-assist-more-homeowners
The Cabinet has approved an expansion of beneficiaries for the Rent Relief Program against Installments, announced Finance Minister Makis Keravnos after the body's session.
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