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361. Hellenic Bank posts profit of €59.1 million in first half of 2019

The Hellenic Bank has announced that it has posted a profit of €59.1 million after tax in the first half of this year with CEO Yiannis Matsis noting that the results reflect part from the benefits from the acquisition of the operations of former Cyprus Cooperative Bank. ...

362. Coca-Cola Hellenic buys out Acque Minerali

Local Coke bottler Coca-Cola Hellenic (CCHBC) has made its second buyout of 2019, acquiring Italy’s Acque Minerali, which is active in the domain of bottled water and refreshments. ...

363. Greece and the US: Commitments and credibility

The signals coming from the two centers of power in the United States, the president and Congress, are often conflicting, which makes it hard for Athens to carve out an effectual foreign policy. This conundrum is set to continue throughout the Trump administration...

364. Ayia Napa C2 holds grand opening

The Ayia Napa satellite casino is having its grand opening on Wednesday right in the heart of the resort town...

365. Foreclosures: Parliament rejects President's referral

The House of Representatives today rejected a presidential referral regarding a number of foreclosure legislation amendments. ...

366. US removes Turkey from F-35 program after Russian missile purchase

The United States said on Wednesday that it was removing Turkey from the F-35 fighter jet programme, a move long threatened and expected after Ankara began accepting delivery of an advanced Russian missile defence system last week. ...

367. No time for mixed signals

We are entering a very thorny patch in Greek-Turkish relations. Turkey’s activities within Cyprus’ exclusive economic zone (EEZ), combined with the standoff with the United States over Ankara’s acquisition of the Russian S-400 missile defense system are increasing the tension further in Greece’s wider region. ...

368. Athens back among top 10 shipping hubs

The Greek capital’s shipping cluster is back among the top 10 global metropolitan centers, the annual report by the Baltic Exchange shows, though this was not thanks to shipping activity in Athens and Piraeus, but due to the development of the Port of Piraeus after its acquisition by China’s Cosco...

369. The EU28 adopted measures against Turkey's illegal drilling in Cyprus

The EU Foreign Ministers endorsed, without any changes the conclusions prepared by the permanent representatives, concerning Turkey’s illegal drilling in the Exclusive Economic Zone (EEZ) of Cyprus, cutting the EU pre-accession assitance for 2020, suspending EU- Turkey high political dialogues and stopping European Investment Bank’ lending activities in the country....

370. Deutsche Bank axes 18,000 jobs

371. Turkish sub shows up in the north

The Turkish submarine “Gur” is anchored at Kyrenia port in the north, with media drawing on reports in connection with drilling activities in the eastern Mediterranean...

372. Bloomberg: Turkey stockpiles weapon parts in anticipation of US sanctions

Turkey has been stockpiling parts for F-16 fighter jets and other military hardware in anticipation of American sanctions, Bloomberg has reported, citing two Turkish officials familiar with their country’s defense strategy. ...

373. US Senate votes to lift Cyprus arms embargo

The US Senate on Thursday voted to lift a decades-old arms embargo against Cyprus and to cut Turkey off the American F-35 fighter jet program if it proceeds with the acquisition of the Russian S-400 missile defense system...

374. New offices in Malta for Michael Kyprianou & Co LLC

375. EU Council conclusions on Cyprus

376. KPMG in Cyprus presented the launch of its KPMGScienceShop

377. Avax lands stake in Qatari stadium building consortium

378. French CNP buys BOC stake in Cyprus subsidiary for $97.5 million

379. Nuvei to buy in cash Cyprus based fintech firm SafeCharge for $889 million

380. Lakkotrypis: Cyprus energy developments an incentive for Turkey

381. Menendez: Turkey has ‘no chance’ of getting both F-35s and S-400

382. New prospects for East Med

The “Eastern Mediterranean Security and Energy Partnership Act” submitted to the US Congress by Senators Robert Menendez and Marco Rubio that essentially upgrades the geopolitical roles of Greece and Cyprus is seen in Athens as a reflection of Washington’s renewed interest and growing involvement in the region. ...

383. Aegean accident a permanent danger, military chief says

Referring to what Greece sees as deliberate escalations of tension by Turkey, the chief of the Hellenic National Defense General Staff (GEETHA), Christos Christodoulou, expressed concern Monday about “the permanent danger” of an accident in the Aegean. ...

384. Fitch Upgrades Hellenic Bank

385. Acquisition of Centaur Financial Services by Fiduserve Asset Management

Centaur Financial Services Ltd announces that it has completed the transfer of all its clients and operations to its new parent company Fiduserve Asset Management Ltd, resulting to a new entity better able to serve client needs...

386. Cyprus to establish new Insurance and Pension Fund Supervision Authority

387. Anastasiades congratulates Tsipras on ratification of Prespes agreement

388. Cyprus and Portugal agree to strengthen ties

389. Moody's upgrades Bank of Cyprus and Hellenic Bank

390. DP World Limassol gets new toys

DP World Limassol has acquired a new, high-tech mobile harbour crane and a reach stacker as part of an ongoing upgrade of the Limassol port infrastructure...