https://knews.kathimerini.com.cy/en/news/astrobank-s-record-breaking-year-€30-4m-in-profits-for-2023
AstroBank reported Profit After Tax of €30.4 million for 2023, representing a return on equity (RoE) of 13.9%, compared with €12.2 million and RoE of 6.2% for 2022, achieving an increase on profit of 150%, mainly due to increased interest income....
https://knews.kathimerini.com.cy/en/news/hellenic-bank-s-pursuit-of-cnp-cyprus-uncovers-uncertainties
The exclusive negotiations between Hellenic Bank and CNP Cyprus Insurance Holdings, a subsidiary of the French insurance powerhouse CNP Assurances, have captured attention for their high stakes and strategic importance....
https://knews.kathimerini.com.cy/en/news/lebanon-to-cyprus-$3000-per-person-for-the-deadly-journey
The security authorities of the Republic were not oblivious to the presence of networks smuggling illegal immigrants westwards through Cyprus, ...
https://knews.kathimerini.com.cy/en/news/2-540-ukrainian-refugees-denied-protection
About 2,540 Ukrainian refugees have been suspended from temporary protection in the Netherlands since March 4, 2024. They are now forced to seek safety in the country or leave.
...
https://knews.kathimerini.com.cy/en/comment/opinion/fortifying-digital-banks-and-battling-cyber-threats
The period we are going through raises serious concerns about the security of critical digital infrastructures. Among these, the most significant are those of banks, and in this direction...
https://knews.kathimerini.com.cy/en/news/court-denies-payouts-to-helios-crash-victims-families
The Court of Appeal, in a majority decision, dismissed the appeals of the children of two deceased passengers of the ''Helios'' airline, who sought compensation from the Republic of Cyprus for the loss of their parents....
https://knews.kathimerini.com.cy/en/news/akamas-road-irregularities-demand-answers
A series of pressing questions has emerged concerning irregularities in the initial phase of the road network construction in Akamas....
https://knews.kathimerini.com.cy/en/business/cyprus-braces-for-soaring-fuel-prices
Cyprus braces for a significant hike in motor fuel prices by mid-April, with increases of 10 cents per liter expected to impact consumer spending across the island nation, according to a report by Kathimerini's Maria Eraclous....
https://knews.kathimerini.com.cy/en/news/from-white-house-to-white-robes-trump-sells-bibles
Former President Donald Trump, in a bid to rally his supporters and address mounting legal expenses, has ventured into selling Bibles....
https://knews.kathimerini.com.cy/en/news/president-plans-proposal-to-subsidize-medical-escort-expenses
President Nikos Christodoulides announced plans to present a proposal on Wednesday to subsidize travel, accommodation, and food expenses for patient escorts abroad....
https://knews.kathimerini.com.cy/en/news/the-feathered-employees-of-akaki-grove
When Elena Christoforou was five years old, her godfather, who lived in England, had given her a BBC videotape, a series narrated by David Attenborough ...
https://knews.kathimerini.com.cy/en/news/gesy-€1-58b-revenue-€500m-reserve-stable-until-2031
The Health Insurance Organisation (OAY) has disclosed that its revenue from contributions to the General Health System (GeSY) reached €1.58 billion in 2023,...
https://knews.kathimerini.com.cy/en/news/inflation-and-new-markets-propel-spending-close-to-€3-billion-in-2023
Just before the end of last summer, economic analysts' projections for 2023 tourism revenue were nearing a record close to €3 billion. ...
https://knews.kathimerini.com.cy/en/comment/opinion/why-marriage-shouldn-t-be-the-answer-to-€2b-loans
In 2023, Cyprus secured a substantial loan totaling €2.02 billion from the Bank of Cyprus, earmarking €510 million specifically for housing initiatives. ...
https://knews.kathimerini.com.cy/en/life/dimitra-explains-what-it-s-like-to-be-a-bee-mama
Dimitra Zakynthinos is a resident of central Athens and has a very particular approach to issues concerning the environment and our transition to the green era. ...
https://knews.kathimerini.com.cy/en/business/safe-bulkers-inc-launches-deck-officer-training-scholarship-program
In a bid to foster interest in maritime professions among young individuals and align with environmental, social, and corporate governance goals, Polly Hatzioannou's company, SAFE BULKERS Inc., has announced the initiation of the Deck Officer Training Scholarship program....
https://knews.kathimerini.com.cy/en/business/hellenic-bank-posts-impressive-2023-profit-of-€365-4-million
Hellenic Bank reported a substantial profit of €365.4 million for the year 2023, marking a significant upswing from €21.8 million in 2022. The Return on Tangible Equity (ROTE) for 2023 soared to 28.7%, a stark contrast to the 2.0% recorded in 2022....
https://knews.kathimerini.com.cy/en/news/greek-farmers-descend-on-athens-protesting-economic-hardships
In a demonstration mirroring concerns across Europe, Greek farmers drove tractors into Athens on Tuesday to protest outside parliament, citing issues with rising energy costs, foreign competition, and recent flooding. ...
https://knews.kathimerini.com.cy/en/business/bank-of-cyprus-posts-nearly-half-a-billion-euro-profit-in-2023
Bank of Cyprus reported a robust profit of €487 million for the fiscal year 2023, as announced by Group CEO Panicos Nikolaou during the presentation of the bank's financial results....
https://knews.kathimerini.com.cy/en/news/investigation-urged-as-state-contracts-lead-to-€6-4m-payout
In a recent address, Deputy Dipa Alekos Tryfonidis called attention to questionable agreements, urging an investigation into the responsible parties behind a contract resulting in a hefty 6.4 million euros compensation payout....
https://knews.kathimerini.com.cy/en/news/energy-minister-deliberates-potential-6-electricity-bill-increases
The Energy Minister, George Papanastasiou, addressed concerns about potential electricity bill hikes arising from the EAC's request to CERA to recover 6% of its 2024 expenses....
https://knews.kathimerini.com.cy/en/news/is-dining-out-turning-luxurious
It's no secret that our favorite cafes and fast-food joints are becoming increasingly expensive, leaving a bitter taste in the mouths of consumers. The recent surge in prices, fueled by the relentless march of inflation, is reshaping our spending habits and challenging our wallets....
https://knews.kathimerini.com.cy/en/news/cabinet-approves-€17m-sponsorship-scheme-for-business-energy-upgrades
The Cabinet has approved Mr. George Papastasiou's proposal, the Minister of Energy, Commerce, and Industry, regarding the grants initiative aimed at enhancing upgrades and strengthening the competitive edge of major enterprises....
https://knews.kathimerini.com.cy/en/news/biden-praises-job-growth-declares-us-economy-strongest-in-the-world
President Joe Biden lauded the robust jobs report released on Friday, touting it as evidence of the United States possessing the world's strongest economy....
https://knews.kathimerini.com.cy/en/news/cypriot-farmers-protests-send-ripples-across-europe
The surge of farmers' fury has reverberated in a manner unprecedented for Brussels, the nerve center of European decision-making....
https://knews.kathimerini.com.cy/en/comment/opinion/how-state-members-earn-in-semi-governmental-boards
The monthly income for the president/member of a semi-governmental organization, derived from participating in the organization's sessions, averages around €400 to €500....
https://knews.kathimerini.com.cy/en/business/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. ...
https://knews.kathimerini.com.cy/en/news/ministry-s-bold-steps-for-energy-renovation-unveiled
The Ministry of Energy, Commerce and Industry proceeds with the preparation of standard procedures for the announcement and implementation of energy renovation projects....
https://knews.kathimerini.com.cy/en/news/actors-celebrate-as-grants-soar-to-40-000-euros
In a significant development, the funding limit for theatrical actors has doubled to 40,000 euros from the previous 20,000, as reported by "K" on Wednesday, January 17....
https://knews.kathimerini.com.cy/en/business/japanese-shipping-giants-halt-red-sea-routes-amid-rising-security-concerns
In a significant development, Japan's three major shipping companies, Nippon Yusen, Kawasaki Kisen Kaisha, and Mitsui O.S.K Lines, have suspended navigation through the Red Sea due to ongoing Houthi rebel attacks on vessels....
