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/government-official-salaries-surge-up-17-in-5-years
Over the past half-decade, the salaries of government officials have surged by a notable 17%, shedding light on the expanding state payroll. ...
https://knews.kathimerini.com.cy/en/news/greek-government-to-sell-its-stake-in-piraeus-bank-anticipates-high-demand
Greece will proceed with the complete divestment of the state from Piraeus Bank with the disposition of the 27% it controls through the Hellenic Financial Stability Fund (HFSF)....
https://knews.kathimerini.com.cy/en/news/us-embassy-nicosia-hosts-exhibit-of-ukrainian-women-amid-russian-aggression
On the somber occasion of the second anniversary of Russia’s brutal re-invasion of Ukraine, U.S. Embassy Nicosia, in collaboration with Sunseed Art and Resilient Ukraine, is the proud sponsor of an art exhibit that depicts the faces, roles, stories, and remarkable resilience of Ukrainian women....
https://knews.kathimerini.com.cy/en/news/phone-ringing-debt-ignored-cyprus-faces-loan-repayment-hurdles
Despite efforts to reduce Non-Performing Loans (NPLs) in Cyprus, the lingering burden continues to weigh heavily on the country's economy and society....
https://knews.kathimerini.com.cy/en/news/cabinet-extends-maternity-leave-to-foster-work-life-balance
In a move aimed at supporting new mothers and promoting work-life balance, Cyprus’ Council of Ministers has given the green light to an increase in maternity leave. ...
https://knews.kathimerini.com.cy/en/business/february-newsletter-of-k-treppides-co-ltd-european-securities-and-markets-authority
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....
https://knews.kathimerini.com.cy/en/business/christodoulides-unveils-€60m-relief-package-amid-rising-prices
In an address to the nation, the President of Cyprus unveiled a series of targeted measures aimed at alleviating the economic challenges faced by households and businesses amidst rising prices. ...
https://knews.kathimerini.com.cy/en/business/cyprus-delays-15-multinational-tax-enforcement
Cyprus has yet to enforce the new EU rules introducing a minimum effective tax rate of 15% for multinational corporations operating within EU member states....
https://knews.kathimerini.com.cy/en/news/cyprus-economy-2024-ktrends-reveals-challenges-and-successes
Delving into the latest findings from the 6th wave of ''Ktrends'' research by ''Kathimerini'' newspaper unveils a multifaceted picture of Cyprus's economic landscape in January 2024. ...
https://knews.kathimerini.com.cy/en/news/netherlands-tops-global-pension-charts
A recent analysis by the Mercer CFA Institute has identified European nations as leaders in global pension systems. The Netherlands secures the top spot in the rankings, with Iceland and Denmark following closely behind....
https://knews.kathimerini.com.cy/en/news/vatican-s-keeper-of-secrets-retires-unveils-hidden-truths
The Vatican, known for its enigmatic archives, sheds light on its secrets as Archbishop Sergio Pagano reveals hidden details spanning 12 centuries in his upcoming book, ''Secretum.''...
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/news/international-study-finds-potential-adverse-effects-from-covid-vaccines
A recent study examining nearly 100 million vaccinated individuals across eight countries reaffirmed the known links between COVID-19 vaccines and certain adverse effects....
https://knews.kathimerini.com.cy/en/business/ey-cyprus-welcomes-two-new-partners-to-power-growth
EY Cyprus is pleased to announce that its leadership team has been strengthened with the addition of two new partners....
https://knews.kathimerini.com.cy/en/news/eu-unveils-stricter-fiscal-rules-for-member-states
The European Commission has introduced new fiscal rules aimed at promoting growth and financial discipline among member states. The framework, ...
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/business/ecommbx-teams-up-with-nba-sensation-sasha-vezenkov-in-a-groundbreaking-partnership
In an electrifying announcement that has the sports and business worlds abuzz, ECOMMBX is thrilled to unveil NBA star Sasha Vezenkov as its new brand ambassador. This dynamic partnership marks a significant milestone in ECOMMBX's journey, symbolizing an era of unparalleled excitement and growth....
https://knews.kathimerini.com.cy/en/news/trump-fined-$354-9-million-in-new-york-civil-fraud-trial
Former US President Donald Trump faces a hefty fine of $354.9 million (£281.6 million) following a civil fraud trial in New York. Including interest, he must pay at least $453.5 million (£359.9 million).
...
https://knews.kathimerini.com.cy/en/news/banks-urged-to-accelerate-loan-restructurings
The governor of the Central Bank has shed light on the strategy for restructuring Non-Performing Loans (NPLs) and navigating credit risk management....
https://knews.kathimerini.com.cy/en/news/it-will-make-the-invisible-visible
Prime Minister Kyriakos Mitsotakis said on Thursday that a bill granting same-sex couples equal rights in marriage would make their families ''visible.''...
https://knews.kathimerini.com.cy/en/news/at-least-50-homes-damaged-by-tornado
The crews of the Municipality of Germasogeia, the Provincial Administration, and the Civil Defence have been recording the damage caused by the devastating tornadoes since dawn. ...
https://knews.kathimerini.com.cy/en/news/ft-estonia-pm-on-russia-s-wanted-list
https://knews.kathimerini.com.cy/en/news/spanish-banks-wary-of-cypriot-student-accounts
The impact of Cyprus being deemed a high-risk destination continues to reverberate even in European Union countries, with remnants of its troubled past lingering....
https://knews.kathimerini.com.cy/en/business/4-february-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. ...
https://knews.kathimerini.com.cy/en/news/government-grapples-with-energy-project-crisis
The firm spearheading one of the Republic of Cyprus' most ambitious energy ventures, Terminal F.P. at Royal, finds itself grappling with challenges that threaten its completion....
https://knews.kathimerini.com.cy/en/news/parliament-passes-law-to-remove-property-restrictions-in-occupied-areas
In a unanimous decision, the Plenary Session of the Greek Parliament passed a law abolishing the right of encumbrance of ''memorandum'' on properties held by banks and credit acquisition companies, located in the occupied territories. ...
https://knews.kathimerini.com.cy/en/business/3-february-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....
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/farmers-rev-up-tractors-in-protest-against-eu-agricultural-policies
In the third such demonstration within eight months, Cypriot farmers steered their tractors through city streets, protesting against what they perceive as the European Union's misguided policies in the common agricultural policy....
