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571. Lagarde warns of potential economic threats to Europe under possible Trump return

In a recent exclusive interview with CNN's Richard Quest, European Central Bank President Christine Lagarde cautioned Europe to brace itself for potential economic challenges......

572. Cyprus secures 25% stake in epic electric cable project

In the midst of a countdown, the government finds itself deeply engaged in one of the Eastern Mediterranean's most monumental energy endeavors....

573. Interest rates extended, borrowers face dilemma

Last Thursday, the European Central Bank (ECB) opted to maintain interest rates, extending the uncertainty for borrowers regarding their loans and repayments....

574. Cyprus' dining experience elevated at WiZ 50 Best Awards

For the second consecutive year, WiZ GUIDE, SppMedia Group, and the Bank of Cyprus co-hosted the prestigious ''WiZ 50 BEST Restaurants'' ceremony....

575. January Newsletter of K. Treppides & Co Ltd: CySEC

A new issue is out from the newsletter by K. Treppides & Co Ltd, a leader in financial advisory and consulting services with offices in three countries....

576. Homeless residents forge dangerous caves along California riverbanks

In a recent discovery that sheds light on the struggles of homelessness in California, authorities in Modesto uncovered a series of makeshift caves along the banks of the Tuolumne River, serving as clandestine dwellings for those without homes....

577. Hellenic Bank eyes CNP Cyprus takeover

Hellenic Bank has confirmed discussions regarding the potential acquisition of CNP Cyprus, validating a report by ''K''. ...

578. Macan sets new standards: the first all-electric SUV from Porsche

579. Bank of Cyprus gears up for investment talks in New York

Bank of Cyprus has packed its bags for New York as it gears up to meet with the investment community at the Athens Stock Exchange's conference in collaboration with JPMorgan on the 25th of this month. ...

580. 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. ...

581. 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. ...

582. Israel's Foreign Minister sparks controversy with island proposal in EU meeting

Israel's foreign minister, Israel Katz, ignited controversy during a crucial EU ministerial meeting on Monday....

583. January Newsletter of K. Treppides & Co Ltd: CySEC

A new issue is out from the newsletter by K. Treppides & Co Ltd, a leader in financial advisory and consulting services with offices in three countries. ...

584. Eurobank expands scholarship program to Cyprus

Eurobank Group is bringing its long-standing ''Forward for Education'' initiative to Cyprus, unveiling a new chapter in the program's 21-year history....

585. Cyprus witnesses 356 bounced cheques, yet a €1.7M surge

In a recent disclosure, the Cyprus Central Bank unveiled a decrease in the issuance of uncovered checks during 2023, reporting a total of 356 compared to the previous year's 473. ...

586. Can Cyprus withstand yet another crisis?

The recent Houthi attacks on commercial vessels navigating the Red Sea have triggered another disturbance in the intricate web of the global supply chain...

587. Can mobile cameras monitor traffic from both directions?

The Cyprus Traffic Police issued a statement addressing recent concerns about the directional functionality of speed cameras, emphasizing that the capability to monitor both directions has been in effect since the system's initiation...

588. Non-performing loans hold steady at €2B amid rising rates

Non-performing loans in the Cyprus banking system remained essentially unchanged at €2 billion in October 2023, marking a marginal reduction of just €2 million, in an environment of rising interest rates....

589. Central Bank chief cautions on early rate cuts amid global tensions

Central Bank Governor and European Central Bank (ECB) member Constantinos Herodotou stated that discussions regarding interest rate reductions are premature, given ongoing geopolitical conflicts and potential disruptions in the supply chain arising from tensions in the Red Sea....

590. Europe faces weak growth amid global uncertainty

In a comprehensive survey released today, leading economists express apprehension about the global economy, anticipating a year of sluggish growth, primarily attributed to geopolitical conflicts, challenging financing conditions, and the impact of artificial intelligence. ...

591. Dr. Anastasatos forecasts bright future for Cyprus economy

Eurobank group's chief economist, Dr Tasos Anastasatos, expresses optimism about the Cyprus economy, emphasizing that the decision to expand the group's banking presence in Cyprus is linked to these positive economic prospects....

592. Houthi strikes send prices soaring in global trade

In recent weeks, the developments in the Red Sea, with the Houthi attacks on commercial ships and their impact on global trade, have dominated the discussions of suppliers with their partners....

593. Greek millionaire's $2M gift transforms village

In a surprising twist of fate, the legacy of a frugal Greek millionaire, Steven Zonas, unfolded in 1980, revealing a hidden fortune that transformed his native village, Mexiates in Phthiotis, Greece....

594. Putting the new Macan through its paces in the name of performance and efficiency

Porsche is putting the prototype of the all-electric Macan through an exacting and gruelling test programme to prepare the follow-up to the successful SUV for its upcoming world premiere. ...

595. Lagarde: ''Trump 'clearly a threat' to Europe''

According to a report in the Financial Times today, ECB President Christine Lagarde expressed concern over the potential re-election of Donald Trump as US president, stating that it is 'clearly a threat' to Europe based on his policies during his first term....

596. Allegations of bank interference surrounding reshuffle speculations

In the midst of last week's political reshuffle speculations, with Irene Piki, the current Deputy Minister to the President, being touted as the likely successor to the Finance Ministry, a new leak from the President's office raised eyebrows...

597. Cyprus real estate booms in Q3 2023

Cyprus experienced a real estate boom in the third quarter of 2023, with housing prices soaring and a surge in demand from both domestic and foreign buyers, according to data released by the Central Bank of Cyprus (CBC) on Wednesday....

598. Global economy faces worst 5-year period in 30 years

The World Bank projects a sluggish global economy from 2020 to 2025, marking the worst five-year period in the last three decades....

599. Gabriel Attal appointed as youngest Prime Minister in history of France

In a move aimed at rejuvenating his second term, French President Emmanuel Macron has appointed his 34-year-old Education Minister, Gabriel Attal, as the country's new Prime Minister. This makes Attal the youngest person to hold the position and the first openly gay individual to do so....

600. Journalism is (also) a job like any other

Since 2009, when I began working full-time in this field, I've observed the media landscape in Cyprus undergo multiple crises. From the advertising downturn following the 2008 global financial crisis—which didn't directly impact Cyprus—to dwindling sales due to the rise of the internet and social media, and further exacerbated by the banking sector's subsequent turmoil and business closures....