CLOSE
Loading...
12° Nicosia,
21 July, 2024
 

Search

Displaying results 1-30 of 91 matches for query bailout.

1. Government rejects FTI Group's bailout plea, leading to bankruptcy

https://knews.kathimerini.com.cy/en/news/government-rejects-fti-group-s-bailout-plea-leading-to-bankruptcy

FTI Group, Europe’s third-largest travel provider, declared bankruptcy today following unsuccessful negotiations with the federal government, impacting 11,000 employees and tens of thousands of travelers currently on holiday or with future bookings....

2. Finance Ministry urges applicants for 2013 haircut compensation

https://knews.kathimerini.com.cy/en/news/finance-ministry-urges-applicants-for-2013-haircut-compensation

The Cyprus Finance Ministry is calling on all individuals and entities affected by the 2013 Cyprus bailout to submit their electronic applications for participation in the "Replenishment Scheme of the National Solidarity Fund."...

3. Wolfgang Schäuble, former German Finance Minister, dies at 81

https://knews.kathimerini.com.cy/en/news/wolfgang-schauble-former-german-finance-minister-dies-at-81

Wolfgang Schäuble, the influential former German Finance Minister and speaker of the Bundestag, passed away at 81, leaving a profound mark on European financial affairs....

4. Lisbon's homes unaffordable as prices hit record highs

https://knews.kathimerini.com.cy/en/news/lisbon-s-homes-unaffordable-as-prices-hit-record-highs

In a dramatic twist, Lisbon finds itself grappling with a housing crisis, ranking second only to Athens in soaring housing costs among major European cities, reports Bloomberg. ...

5. Russian depositor triumphs over Laiki bank's 2013 haircut

https://knews.kathimerini.com.cy/en/news/russian-depositor-triumphs-over-laiki-bank-s-2013-haircut

The Legal Service, on behalf of the Republic of Cyprus and the Central Bank of Cyprus (CBC), will appeal the decision of the Limassol District Court, which awarded compensation to a depositor of the former Laiki Bank for the 2013 deposit haircut, according to CNA....

6. President Biden stands with striking autoworkers demanding 40% pay raise

https://knews.kathimerini.com.cy/en/news/president-biden-stands-with-striking-autoworkers-demanding-40-pay-raise

President Joe Biden on Tuesday joined a picket line with striking autoworkers in Michigan, supporting their call for a 40% pay raise and saying they deserve a "lot more" than they are getting....

7. Eurobank's vision: Controlling Hellenic Bank and conquering new markets

https://knews.kathimerini.com.cy/en/business/eurobank-s-vision-controlling-hellenic-bank-and-conquering-new-markets

According to Bloomberg, Eurobank's deputy chief executive, managing director, and head of international operations, Stavros Ioannou, expressed the bank's desire to eventually gain full control of Hellenic Bank in Cyprus....

8. Conservatives in Greece win big

https://knews.kathimerini.com.cy/en/news/conservatives-in-greece-win-big

Prime Minister Kyriakos Mitsotakis, whose conservative party won a landslide election victory Sunday but without enough parliamentary seats to form a government, indicated he will seek a second election hoping to consolidate his victory without the need for a coalition partner...

9. US Congress members sold bank shares amidst banking crisis fears

https://knews.kathimerini.com.cy/en/news/us-congress-members-sold-bank-shares-amidst-banking-crisis-fears

On March 10, as fears were swirling over the health of the nation’s banks, an investment account belonging to the children of Rep. Jared Moskowitz, D-Fla., sold shares of Seacoast Banking Corp. worth $65,000 to $150,000....

10. Partnership between New York Times and Kathimerini turns 25

https://knews.kathimerini.com.cy/en/news/partnership-between-new-york-times-and-kathimerini-turns-25

Aristides Alafouzos, the late owner of Kathimerini, loved challenges. In 1988, a critical period for the Greek press, he bought Kathimerini, ensuring that the prestige and integrity of this historic newspaper would be preserved. ...

11. Cypriot author claims police trying to ban his book on corruption

https://knews.kathimerini.com.cy/en/news/cypriot-author-claims-police-trying-to-ban-his-book-on-corruption

A Cypriot investigative journalist accused the police on Wednesday of trying to prevent him from publishing books he wrote about corruption in his country....

12. Rishi Sunak to become Britain's next Prime Minister

https://knews.kathimerini.com.cy/en/news/rishi-sunak-is-britain-s-new-prime-minister

Britain's new prime minister is Rishi Sunak. Penny Mordaunt, the only candidate left standing for the Conservative leadership following Boris Johnson's withdrawal yesterday, has also withdrawn from the race, paving the way for Sunak to take over as Prime Minister....

13. Cyprus looks to become global crypto hub with new bill

https://knews.kathimerini.com.cy/en/business/cyprus-looks-to-become-global-crypto-hub-with-new-bill

Cyprus is vetting a cryptocurrency “umbrella” bill in a bid to establish the Mediterranean nation as a premier destination for digital asset innovators and companies....

14. Cyprus' RCB Bank and its Kremlin ties

https://knews.kathimerini.com.cy/en/news/cyprus-rcb-bank-and-its-kremlin-ties

On March 24, Cyprus’s fourth-largest bank announced it would wind down its banking operations in the wake of the “volatile geopolitical situation” caused by Russia’s invasion of Ukraine a month earlier....

15. Another cause for division

https://knews.kathimerini.com.cy/en/comment/opinion/another-cause-for-division

We have made something of a custom of division in Greece. It is something we do passionately, ready to fight with our friends and turn our backs on our neighbors....

16. Anastasiades takes the stand in passports probe

https://knews.kathimerini.com.cy/en/news/anastasiades-takes-the-stand-in-passports-probe

Cyprus’ citizenship by investment scheme will not be revived but other incentives will be given to attract investments, excluding citizenship, President Nicos Anastasiades said on Tuesday, following a 3-hour-long testimony before the investigative committee probing Cyprus’ nixed citizenship-by-investment scheme....

17. Politics turn ugly over Cyprus Papers

https://knews.kathimerini.com.cy/en/news/politics-turn-ugly-over-cyprus-papers

The main left party opposition in the Republic of Cyprus is firing back at the government, after reports emerged over threats and a confidential letter about Cypriot golden passports a decade earlier...

18. The crisis is here and should not be underestimated, FinMin warns parties

https://knews.kathimerini.com.cy/en/news/the-crisis-is-here-and-should-not-be-underestimated-finmin-warns-parties

As political parties continue to quarrel over a bill seeking to release government funds as guarantees for loans to businesses hit affected by the coronavirus outbreak, Cyprus Minister of Finance Constantinos Petrides warned that “the crisis is here and should not be underestimated.”...

19. Euro zone ministers look for economy quick fixes

https://knews.kathimerini.com.cy/en/news/euro-zone-ministers-look-for-economy-quick-fixes

Euro zone finance ministers are likely to converge on Tuesday on three quick options to support the economy in the wake of the coronavirus epidemic, officials have said, with some discussion also of longer-term ideas to aid a recovery....

20. Thomas Cook crash is dry run for Brexit failures

https://knews.kathimerini.com.cy/en/news/thomas-cook-crash-is-dry-run-for-brexit-failures

Social historians will mourn the demise of the world’s oldest travel company, founded by a Baptist carpenter in northern England in 1841; their corporate counterparts will not. With more than 500 high street outlets, Thomas Cook demonstrated a stunning inability to adapt to changing travel habits. The rise of budget airlines and disruptors like Airbnb combined with the weak pound and the unusually hot summer of 2018 to kill off the company which had suffered a near-death experience in 2011. ...

21. Cyprus hotels to take a €60 million hit as thousands stranded by Thomas Cook collapse

https://knews.kathimerini.com.cy/en/news/cyprus-hotels-to-take-a-€60-million-hit-as-thousands-stranded-by-thomas-cook-collapse

Officials at the Deputy Ministry of Tourism are scrambling to ascertain the impact of the collapse of Thomas Cook on the Cypriot hotel industry. ...

22. Singing from the same hymn sheet

https://knews.kathimerini.com.cy/en/comment/opinion/singing-from-the-same-hymn-sheet

I feel that the success of the New Democracy administration will largely depend on Premier Kyriakos Mitsotakis’ ability to strike a balance between the two camps...

23. Greek PM in charm offensive aiming to ease primary surplus targets

https://knews.kathimerini.com.cy/en/news/greek-pm-in-charm-offensive-aiming-to-ease-primary-surplus-targets

Prime Minister Kyriakos Mitsotakis is planning a series of trips abroad toward the end of this month and next, hoping to convince Greece’s creditors of the recently elected government’s commitment to reforms and to lay the groundwork for reducing demanding primary surplus targets agreed under the country’s post-bailout agreement....

24. Greece approves cut on property tax, eases arrears payment

https://knews.kathimerini.com.cy/en/news/greece-approves-cut-on-property-tax-eases-arrears-payment

The Greek parliament approved an across-the-board reduction of a deeply unpopular property tax on Tuesday, fulfilling an election pledge of new prime minister Kyriakos Mitsotakis....

25. The ‘public interest'

https://knews.kathimerini.com.cy/en/comment/opinion/the-‘public-interest

Greece can really take off. The economy has already reached its lowest point and is now poised for a spectacular rebound. The country’s human capital is unlimited in all sectors and for the first time in a long time we have a government that understands the notion of entrepreneurship and wants to move dynamically in the field of investments. ...

26. Recovering lost ground

https://knews.kathimerini.com.cy/en/comment/opinion/recovering-lost-ground

The government that has just taken power in Greece is different to what we are accustomed to and close to what a big chunk of the population is eager to see. The center-right administration appears well-prepared. The comparison is not only being made with SYRIZA, which was completely unprepared when it took over at a crucial period in 2015, but also with other supposedly experienced administrations before them. That said, in politics plans can be undone by unforeseen events. ...

27. Mitsotakis, expectations and the need for unity

https://knews.kathimerini.com.cy/en/comment/opinion/mitsotakis-expectations-and-the-need-for-unity

The coming weeks will naturally see an emphasis on New Democracy’s proposals on all the major issues, from the economy and security, to education and health. At the same time the new prime minister will have to strike a balance between the rival forces within his party’s ranks, combining the new with the old. ...

28. Eurogroup rules out any talk of primary surplus target reduction for Greece

https://knews.kathimerini.com.cy/en/news/eurogroup-rules-out-any-talk-of-primary-surplus-target-reduction-for-greece

Discussion on Greece was brief at Monday’s Eurogroup, but the council of eurozone finance minsters sent a clear message to Athens that creditors are ready to cooperate with the new government while warning that the handouts announced in May by the previous administration are putting growth and fiscal targets at risk...

29. Mitsotakis sworn in as PM amid east Med tensions

https://knews.kathimerini.com.cy/en/news/mitsotakis-sworn-in-as-pm-amid-east-med-tensions

Conservative politician Kyriakos Mitsotakis was sworn in as Greece’s new prime minister on Monday after storming to victory on a pledge to create jobs and lure investment to the economically stricken nation...

30. ND surges to power, promising change

https://knews.kathimerini.com.cy/en/news/nd-surges-to-power-promising-change
X