Search

241. Hellenic posts 21 million euro profit

Hellenic Bank posted after-tax profits of €21 million for the first half of 2021....

242. All eyes on oil spill response in Cyprus

Traces of last week’s oil spill from Syria that came close to the north-eastern tip of Cyprus have been spotted further south off the coast of Cape Greco, with officials on both sides of the divided island scrambling to manage the disaster...

243. Open season for players searching for gas

The Republic of Cyprus along with Greece and Israel have leased a research vessel to conduct seismic surveys in waters east and west of the island, at a time when chatter over gas exploration rounds in the region are coming back to the surface...

244. We are committed to seeing EastMed through

Israel's cooperation with Egypt and the strengthening of relations with other Gulf states contribute to peace, while enabling Israel and Cyprus to work together with other friendly nations, Sammy Revel says in an interview with Kathimerini...

245. Turkish Cypriots choose leader as Cyprus talks reboot looms

Turkish Cypriots vote Sunday to choose a leader who'll explore, along with Greek Cypriots, whether there's enough common ground left for a deal to end the island's decades of ethnic division....

246. The EU did not act in united fashion, Cyprus President tells Le Figaro

In an interview with the French daily Le Figaro published Thursday, President Nicos Anastasiades said that in responding Turkey’s actions in the eastern Mediterranean, the EU did not act in a decisive and united fashion, while refuting that Cyprus vetoed sanctions against Belarus....

247. East Mediterranean states establish forum

The founding members of the East Mediterranean Gas Forum signed a charter during an online ceremony on Tuesday, marking the group’s organization status in seeking to promote regional cooperation...

248. Curtain rising for citizenship-by-investment program

The Presidency has before it four scenarios for dealing with the issue of purchased citizenships. The most likely possibility is that of suspending the investment program for a short period, as revealed by Kathimerini on Sunday....

249. Greece to extend territorial waters amid dispute with Turkey

Turkey’s president warned Greece on Wednesday not to test his country’s patience or courage as the NATO allies remained locked in a tense dispute over offshore energy exploration in the eastern Mediterranean, while Greece announced plans to extend its territorial waters along its western coastline....

250. Turkish FM accuses Athens of shirking dialogue

Turkish Foreign Minister Mevlut Cavusoglu dismissed accusations that Ankara is unwilling to seek a solution through talks with Greece, saying that the Greek prime minister needs to “look in the mirror and ask himself where he went wrong.” ...

251. Cypriot cabinet approves EastMed pipeline

Cyprus’ cabinet on Thursday ratified a bill on the EastMed gas pipeline project, the country’s Energy Minister Giorgos Lakkotrypis said in a statement. ...

252. EastMed a project of major geostrategic importance, Hatzidakis says

Lawmakers in Athens on Monday ratified, at the committee level, a deal for an undersea pipeline to carry gas from new offshore deposits in the southeastern Mediterranean to continental Europe signed by Greece, Cyprus and Israel earlier in the year....

253. Hellenic Bank sells its most expensive home

Hellenic Bank has sold its most expensive home according to a special report, with foreign investors shelling out 3 million for a mansion in Lakatamia...

254. Cyprus gets tougher with stricter bundle of measures

Stricter measures to contain the spread of coronavirus were announced by the Health Minister on Monday as the island scrambles to curb the steadily rising deaths and infections....

255. Greece, Cyprus and Israel sign EastMed deal

Greece, Israel and Cyprus have signed a deal for an undersea pipeline designed to carry gas from offshore deposits in the southeastern Mediterranean to continental Europe...

256. Cyprus hails US EastMed bill signed into law

A new US law geared toward boosting energy and security cooperation in the east Mediterranean is indicative of the significance that Washington attaches to the region, Cyprus' foreign minister said Saturday...

257. Erdogan points to drilling spots off Crete

In an interview on Turkish television, President Recep Tayyip Erdogan has indicated where Turkey plans to conduct research for hydrocarbons but also drilling, using a map to indicate the location east of Crete...

258. Chavez daughter got funds through Cyprus

More allegations of money laundering implicate Cyprus with a special report saying a Florida account accessed by the daughter of late Venezuelan president Hugo Chavez had money transfers from a bank on the island...

259. Yavuz to start drilling off Cyprus

Turkish Energy Minister Fatih Donmez on Monday says Yavuz will start drilling for hydrocarbon deposits within Cyprus’ exclusive economic zone “today or tomorrow,” in what Nicosia says is a “serious escalation” by Ankara...

260. Attracting investments, relations with Turkey: A new chapter?

On a diplomatic level, the main event was Mitsotakis’ meeting with Turkish President Recep Tayyip Erdogan. The two leaders discussed all the major issues. Aside from the chronic Cyprus dispute, where the situation has become even more complicated following the discovery of gas deposits, one of the most pressing issues at the moment is migration. ...

261. 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. ...

262. K.Treppides & Co Ltd: Time Value of Money

What if a close friend asks today to borrow 1,000EUR with the precondition to repay the exact same amount in five years? Would you take the deal or not?...

263. Eni, Total join for another gas search license off Cyprus

Cyprus’ energy minister says a consortium composed of energy companies Total of France and Eni of Italy has been licensed to explore for natural gas deposits in another area off Cyprus’ southern coast...

264. The first visits to Washington and Jerusalem

It’s only three weeks since Nikos Dendias took over the foreign affairs portfolio, but he has already sent a pretty clear signal regarding the new government’s foreign policy priorities...

265. Moscow irked by EU sanctions against Turkey

Moscow “cannot accept” the European Union's decision to slap Turkey with sanctions over its illegal drilling for hydrocarbon deposits in Cyprus' exclusive economic zone, Russian Foreign Ministry spokeswoman Maria Zakharova was quoted by the TASS news agency as saying at a briefing on Wednesday. ...

266. Eurobank posts €10 million first quarter profit

267. Limassol buses strike again

An open-ended bus strike was set to begin on Tuesday in Limassol following the collapse of labour talks between the company and the government...

268. Fitch Upgrades Hellenic Bank

269. Haris Georgiades: We kept the Cooperative Bank alive to protect people's deposits

270. Finance Minister to stay on until the end of the year