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20 June, 2024
 

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Displaying results 91-120 of 384 matches for query financial crisis.

91. Global economy faces $590 trillion storm

https://knews.kathimerini.com.cy/en/news/global-economy-faces-$590-trillion-storm

A $590 trillion storm threatens the global economy as rising interest rates make more corporate debts problematic. ...

92. NPL crisis highlights tug of war between borrowers and legislation

https://knews.kathimerini.com.cy/en/business/npl-crisis-highlights-tug-of-war-between-borrowers-and-legislation

The concealment, or "camouflage," of non-performing loans (NPLs) in commercial banks before 2013 and their subsequent explosion have been, and may continue to be, the most significant challenge for the Cypriot economy. ...

93. 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....

94. AUB Mediterraneo Paphos: Shaping the future of education in the Mediterranean

https://knews.kathimerini.com.cy/en/business/aub-mediterraneo-paphos-shaping-the-future-of-education-in-the-mediterranean

As the anticipation builds for the opening of the American University of Beirut - Mediterraneo in Paphos scheduled for September 2023, Kathimerini had the privilege of sitting down with Philip S. Khoury,...

95. US citizens exit Portugal as demand for 'golden visas' plummet 37%

https://knews.kathimerini.com.cy/en/news/us-citizens-exit-portugal-as-demand-for-golden-visas-plummet-37

Following the abolishment of the Golden Visa scheme of Portugal some expatriates are leaving the country, based on the report of Bloomberg....

96. 380 CYTA employees on the brink of departure

https://knews.kathimerini.com.cy/en/news/380-cyta-employees-on-the-brink-of-departure

In an effort to further reduce operational expenses and renew its workforce, Cyta has implemented another voluntary employee exit plan, targeting individuals who meet specific conditions....

97. IMF says Cyprus untouched by war fallout

https://knews.kathimerini.com.cy/en/news/imf-says-cyprus-untouched-by-war-fallout

The economy of Cyprus is expected to slow to around 2.5% in 2023, reflecting an erosion in household incomes, tighter financial conditions, and delayed impacts from sanctions against Russia, International Monetary Fund forecasts, after the conclusion of the Article IV consultation with Cyprus...

98. Cyprus exits enhanced surveillance ten years after crisis

https://knews.kathimerini.com.cy/en/news/cyprus-exits-enhanced-surveillance-ten-years-after-financial-crisis

Ten years after the financial crisis Cyprus has exited the European Commission’s excessive imbalances procedure (EIP), on the basis of EU documents issued under the spring package of the 2023 European Semester...

99. Kyriakides: 'Our goal now, medicines for all'

https://knews.kathimerini.com.cy/en/news/kyriakides-our-goal-now-medicines-for-all

"I have always envisioned a European Health Union, where the European Union would be intimately connected to every citizen regarding health matters....

100. 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...

101. Unions and employers sign new transitional agreement on CoLA

https://knews.kathimerini.com.cy/en/business/unions-and-employers-sign-new-transitional-agreement-on-cola

Cyprus’ social partners (trade union and employers) on Friday signed, in the presence of the Minister of Labour and Social Insurance Yiannis Panayiotou, a new transitional agreement on the Cost-Of-Living Adjustment (CoLA) stipulating an increased allowance of 66.7% of last year’s inflation from the previous 50%....

102. British expertise on the table as Leo Docherty speaks to Kathimerini

https://knews.kathimerini.com.cy/en/news/british-expertise-on-the-table-as-leo-docherty-speaks-to-kathimerini

In an interview with "K" newspaper, Leo Docherty, the British Minister for Europe, highlighted the British commitment to closer collaboration, emphasizing the range of areas where British expertise and cooperation can contribute to addressing issues such as combating illegal financing and exploring support structures for enforcement or addressing potential sanctions evasion. ...

103. Shipping minister wants Cyprus ahead of the curve

https://knews.kathimerini.com.cy/en/news/shipping-minister-wants-cyprus-ahead-of-the-curve

Cyprus' shipping sector must be competitive, strong, resilient to crises and to anticipate challenges and new trends, Shipping Deputy Minister, Marina Hadjimanolis, said on Thursday, adding that the government has an ambitious vision for shipping...

104. May Newsletter of K. Treppides & Co Ltd: CySEC

https://knews.kathimerini.com.cy/en/business/may-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....

105. President announces receipt of first US sanctions list

https://knews.kathimerini.com.cy/en/news/president-announces-receipt-of-first-us-sanctions-list

Subtitle: ...

106. Attica's real estate market delivers 126% returns in last 5 years

https://knews.kathimerini.com.cy/en/business/attica-s-real-estate-market-delivers-126-returns-in-last-5-years

The housing market has recently evolved into one of the most profitable investments, with a return of up to 126% during the last five years (2017-2022)....

107. 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....

108. Assets of US and UK sanctioned entities in Cyprus will be frozen

https://knews.kathimerini.com.cy/en/business/assets-of-us-and-uk-sanctioned-entities-in-cyprus-will-be-frozen

Cypriot individuals and entities included in UK and US sanctions list will see their assets in the Cypriot banking system frozen and will not be able to carry out any banking transaction in Cyprus, Marios Skandalis, Chief Compliance Officer of Bank of Cyprus, the island’s largest lender has said....

109. Three major concerns of ECB regarding Cypriot banks

https://knews.kathimerini.com.cy/en/business/three-major-concerns-of-ecb-regarding-cypriot-banks

Although Cypriot banks have made great progress over the last decade, foreign supervisors have reservations and summarise their concerns in three areas....

110. Prem Watsa: 'Greek banks are safer'

https://knews.kathimerini.com.cy/en/business/prem-watsa-greek-banks-are-safer

Greece has entered a virtuous cycle of growth, and the next few years will be especially beneficial to the economy and Greeks if political stability is maintained and business-friendly policies are implemented....

111. Minister of Labor to submit CoLA mediation proposal

https://knews.kathimerini.com.cy/en/business/minister-of-labor-to-submit-cola-mediation-proposal

Minister of Labour and Social Insurance Yiannis Panayiotou said on Friday he would submit a mediation proposal to the social partners (trade unions and employers) to reach an agreement on the issue of the Cost of Living Allowance (CoLA)....

112. Keravnos urges banks to restructure loans and keep rates low

https://knews.kathimerini.com.cy/en/news/keravnos-urges-banks-to-restructure-loans-and-keep-rates-low

Cyprus Finance Minister Makis Keravnos has urged banks to restructure loans, maintain low lending rates and bank charges, and increase deposit rates in light of continued basic rate hikes by Central Banks. He warned that otherwise the government "would make different thoughts."...

113. Cyprus to open 4 new embassies this year

https://knews.kathimerini.com.cy/en/news/cyprus-to-open-4-new-embassies-this-year

Cyprus' diplomatic presence abroad is being upgraded with the reopening or the opening of four embassies in 2023....

114. UBS steps in to buy rival Credit Suisse

https://knews.kathimerini.com.cy/en/news/ubs-steps-in-to-buy-rival-credit-suisse

Some of the world's largest central banks came together on Sunday to stop a banking crisis from spreading as Swiss authorities persuaded UBS Group AG to buy rival Credit Suisse Group AG in a historic deal...

115. Credit Suisse borrows more than $50 billion from Swiss National Bank

https://knews.kathimerini.com.cy/en/news/credit-suisse-borrows-more-than-$50-billion-from-swiss-national-bank

Credit Suisse’s shares soared 30% on Thursday after it announced it would move to shore up its finances by borrowing up to nearly $54 billion from the Swiss central bank, bolstering confidence as fears about the banking system moved from the U.S. to Europe....

116. It's been 10 years since the haircut

https://knews.kathimerini.com.cy/en/news/it-s-been-10-years-since-the-haircut

In March 2023, Cyprus will mark 10 years since the deposit haircut. Ten years after the 2013 crisis, Cyprus looks completely different. During this decade, many changes have taken place and its citizens have experienced many different situations,...

117. Banks around the world feel force of SVB fallout

https://knews.kathimerini.com.cy/en/news/banks-around-the-world-feel-force-of-svb-fallout

U.S. President Joe Biden vowed to do whatever was needed to address a threatened banking crisis after the collapses of Silicon Valley Bank and Signature Bank forced regulators to step in with emergency measures....

118. HSBC buys failed Silicon Valley Bank in bid to stem fallout

https://knews.kathimerini.com.cy/en/news/hsbc-buys-failed-silicon-valley-bank-in-bid-to-stem-fallout

Governments in the UK and the U.S. took extraordinary steps to stop a potential banking crisis after the historic failure of Silicon Valley Bank, even as another major bank was shut down....

119. Protesters want an end to EastMed pipeline project

https://knews.kathimerini.com.cy/en/news/protesters-want-an-end-to-eastmed-pipeline-project

Environmental activists gathered outside the EU Commission in Brussels on Wednesday warning that in addition to financial and geopolitical arguments against the construction of an EastMed natural gas pipeline, sabotage similar to NordStream last year was also a possible risk...

120. The who's who of the Christodoulides government

https://knews.kathimerini.com.cy/en/news/the-who-s-who-of-the-christodoulides-government

On Monday afternoon (27/02), Nikos Christodoulides, the country's new leader, unveiled his new administration. Read the detailed biographies of the individuals who make up the new government....

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