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

Search

Displaying results 1-30 of 474 matches for query cash.

1. Fitch elevates Hellenic Bank’s credit rating

https://knews.kathimerini.com.cy/en/news/fitch-elevates-hellenic-bank-s-credit-rating

Fitch Ratings has upgraded Hellenic Bank's Long-Term Issuer Default Rating (IDR) to 'BBB-' from 'BB+', with stable outlook and its Viability Rating (VR) to 'bbb-' from 'bb+'. ...

2. KEDIPES hits €1.36B milestone in state aid repayments

https://knews.kathimerini.com.cy/en/news/kedipes-hits-€1-36b-milestone-in-state-aid-repayments

KEDIPES has announced a €60 million cash repayment made on June 26, 2024, as part of its ongoing efforts to repay state aid received by the former......

3. Suspect forces victim to withdraw cash at knifepoint in Ayia Napa

https://knews.kathimerini.com.cy/en/news/suspect-forces-victim-to-withdraw-cash-at-knifepoint-in-ayia-napa

Authorities in Famagusta are intensifying efforts to address a series of alarming incidents involving robbery, terror-inducing weapons, and attempted theft reported last night....

4. Eurobank gains green light for 100% acquisition of Hellenic Bank

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”). ...

5. Averof's podcast musings and the flip-flop chronicles

https://knews.kathimerini.com.cy/en/comment/opinion/averof-s-podcast-musings-and-the-flip-flop-chronicles

Oh dear, oh dear, oh dear. Averof has appeared on a podcast again – how does he manage to do it all? – to question why they are celebrating 24 percent when they considered 26 percent disastrous during the Presidential elections! ...

6. Trump donations surge after conviction, beating Biden by $60M

https://knews.kathimerini.com.cy/en/news/trump-donations-surge-after-conviction-beating-biden-by-$60m

Donald Trump’s campaign outraised President Joe Biden by more than $60 million last month, according to federal filings that detailed the Republican fundraising explosion sparked by Trump’s felony convictions....

7. Agency reports strong start to 2024, continues paying off state debt

https://knews.kathimerini.com.cy/en/news/agency-reports-strong-start-to-2024-continues-paying-off-state-debt

KEDIPES, Cyprus' state-owned asset management agency, announced a €144 million cash inflow for the first quarter of 2024. The agency also made a €140 million repayment to the state, bringing the total repayment to €1.3 billion since it started in September 2018....

8. Greek olive oil producers reject bulk sales, thrive in export market

https://knews.kathimerini.com.cy/en/news/greek-olive-oil-producers-reject-bulk-sales-thrive-in-export-market

They knew the easy way. They could have effortlessly sent their oil in bulk to Italy....

9. New banknotes featuring King Charles released in the UK

https://knews.kathimerini.com.cy/en/news/new-banknotes-featuring-king-charles-released-in-the-uk

Banknotes bearing the portrait of King Charles III have been released into circulation for the first time today. ...

10. Profits soared in Cyprus banking sector in 2023

https://knews.kathimerini.com.cy/en/business/profits-soared-in-cyprus-banking-sector-in-2023

The Cyprus banking sector experienced a significant surge in profitability by the end of 2023, as indicated by key financial indicators from the Central Bank of Cyprus (CBC)....

11. No jurors chosen yet in senator Menendez’s corruption trial

https://knews.kathimerini.com.cy/en/news/no-jurors-chosen-yet-in-senator-menendez-s-corruption-trial

Jury selection began in the corruption trial of U.S. Senator Robert Menendez on Monday, with a judge excusing dozens of prospective jurors in a case that could affect the Democrat's political future and the makeup of the U.S. Senate....

12. Cryptocurrency seized in Cyprus as fraud network unravels

https://knews.kathimerini.com.cy/en/news/cryptocurrency-seized-in-cyprus-as-fraud-network-unravels

A well-established international cryptocurrency fraud, dismantled recently, resulted in numerous victims and significant profits for a criminal network....

13. Cyprus navigates economic uncertainty with strong economic reserves

https://knews.kathimerini.com.cy/en/business/cyprus-navigates-economic-uncertainty-with-strong-economic-reserves

Cyprus is sitting pretty with a lot of cash in the bank, and it's good news for handling any economic bumps in the road. The government's stash of nearly €2.83 billion can cover a big chunk of its debts due in the next year....

14. Alpha Bank CEO eyes expansion in Romania

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....

15. Bob Menendez to implicate his wife in May corruption trial

https://knews.kathimerini.com.cy/en/news/bob-menendez-to-implicate-his-wife-in-may-corruption-trial

In a case unsealed Tuesday, court papers suggest that Sen. Bob Menendez may seek exoneration at his May bribery trial by implicating his wife, according to CNN, ...

16. Massive international fraud ring busted, Cyprus plays crucial role

https://knews.kathimerini.com.cy/en/news/massive-international-fraud-ring-busted-cyprus-plays-crucial-role

Cyprus, along with international law enforcement agencies, cracked down on a massive fraud ring with a staggering €645 million turnover....

17. Russia's influence tactics exposed in EU election probe

https://knews.kathimerini.com.cy/en/news/russia-s-influence-tactics-exposed-in-eu-election-probe

Less than two months before European voters in 27 countries take part in EU Parliament elections, Belgium says it is investigating pro-Russian networks that are trying to influence the vote....

18. Hatzigiannis: ''The social responsibility of banks is non-existent''

https://knews.kathimerini.com.cy/en/news/hatzigiannis-the-social-responsibility-of-banks-is-non-existent

Members of the Commerce Committee voiced disappointment following the responses provided by bank representatives regarding the installation of additional automatic teller machines (ATMs) to facilitate money withdrawals in communities....

19. Authorities stumped on declared cash

https://knews.kathimerini.com.cy/en/news/authorities-stumped-on-declared-cash

The question of the whereabouts of over 90 million euros in cash allegedly spent by travelers arriving in Cyprus through Larnaca and Paphos airports in the last 15 months remains unanswered by competent state authorities....

20. Where did all the declared cash go?

https://knews.kathimerini.com.cy/en/news/where-did-all-the-declared-cash-go

Director General of the Ministry of Finance, George Panteli, revealed to Parliament's Institutions Committee that between 2021 and March 2024, 1077 cash declarations, totaling 119 million euros, entered Cyprus via Larnaca and Paphos airports....

21. Trump's $175M bond halts NY fraud case collection

https://knews.kathimerini.com.cy/en/news/trump-s-$175m-bond-halts-ny-fraud-case-collection

Former President Donald Trump has taken action in his New York civil fraud case, posting a $175 million bond on Monday. ...

22. KEDIPES pays state €140M in largest quarterly sum yet

https://knews.kathimerini.com.cy/en/news/kedipes-pays-state-€140m-in-largest-quarterly-sum-yet

In the largest quarterly cash repayment to the state since its inception in 2018, totaling €140 million, the Board of Directors of KEDIPES decided to proceed for the first quarter of 2024. ...

23. Cypriot films 'Buffer Zone' and 'Taxi' win big internationally

https://knews.kathimerini.com.cy/en/news/cypriot-films-buffer-zone-and-taxi-win-big-internationally

Cypriot short films ''Buffer Zone'' and ''Taxi'' have achieved international success and received awards....

24. Occupied territories are a 'black hole' for illicit funds

https://knews.kathimerini.com.cy/en/news/occupied-territories-are-a-black-hole-for-illicit-funds

The recent update to the US-UK sanctions list, active since last April and aimed at Russia, continues to scrutinize Cypriot-based entities suspected of violating the Russian embargo. ...

25. Cyprus' economic resilience earns high credit rating confirmation

https://knews.kathimerini.com.cy/en/news/cyprus-economic-resilience-earns-high-credit-rating-confirmation

International rating agency Morningstar DBRS has confirmed Cyprus’ BBB (high) long-term credit rating with a stable trend, noting that favourable economic prospects balance downside risks. ...

26. Winter 2024 brings 17% boost in energy production

https://knews.kathimerini.com.cy/en/news/winter-2024-brings-17-boost-in-energy-production

Energean recorded new production growth in the first two months of 2024. Specifically, the company said in a statement that from 123 thousand......

27. Man held for alleged dining and dashing

https://knews.kathimerini.com.cy/en/news/man-held-for-alleged-dining-and-dashing

Police in Paphos have apprehended a 27-year-old man as part of an ongoing investigation into allegations of securing credit by false representations. The arrest stems from an incident where the suspect purportedly failed to settle a bill at a local restaurant....

28. Lather, rinse, repeat

https://knews.kathimerini.com.cy/en/comment/opinion/lather-rinse-repeat

Everywhere we turn in Cyprus, the specter of money laundering looms large. It was an open secret for years that our banking system was complicit, resulting in repercussions from foreign authorities....

29. What are they afraid of?

https://knews.kathimerini.com.cy/en/comment/opinion/what-are-they-afraid-of

Transparency is not merely a good thing; it is essential. However, with the exception of one, credit buyout companies seem unwilling to disclose their financial results, keeping them shrouded in secrecy....

30. A state held hostage

https://knews.kathimerini.com.cy/en/news/a-state-held-hostage

While society was glued to shocking videos from the Monastery of Saint Avvakoum, sending a message that an entire financial - and not only - fraud was staged to the detriment of the faithful, the President of the Republic visited Mount Athos. ...

X