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301. Alpha bank group sells €2.4 billion NPL and real estate portfolio in Cyprus

Alpha Services and Holdings S.A. (together with its subsidiaries) has reached an agreement with an affiliate of Cerberus Capital Management, L.P. for the sale of a portfolio of Cypriot non-performing loans and real estate properties of a total gross book value of 2.4 billion euro....

302. MIT researchers create new material as strong as steel and light as plastic

MIT researchers have developed a new material that's as strong as steel but as light as plastic....

303. Hilton Group takes over two more hotels in Attica

Hilton Athens, the capital’s landmark hotel, may have just closed for an overhaul and rebrand into Conrad and Waldorf Astoria, but the Hilton Group is developing two more units in Attica....

304. Greek Cypriots fear Trojan horse in ghost town

Greek Cypriot officials in the south are calling once again on Varosha title deed holders to stay away from a “legal trap” in the north, pointing to Ottoman religious foundations officially acknowledged as interested parties by a commission that examines property claims in the divided island’s ghost town...

305. Tatar: A campaign to recognize the pseudo-state

306. Luxury residences in the works at Hilton Athens

Part of the agreement on the Hilton Athens hotel between Ionian Hotels and Hilton is for the landmark unit in the center of Athens to have about 50 luxurious private residences under the brands Conrad Residences and Waldorf Astoria Residences....

307. The new investment game

Accelerating the transition to a green economy is a no-brainer. It is no coincidence that it accounts for 36.3% of the total budget of the Recovery and Sustainability Plan...

308. Epic fail after Carmel forecasters get it wrong

The state forecaster in the Republic of Cyprus is defending a severe warning issued for Sunday, with social media users who stayed in saying they missed out on good weather after Storm Carmel failed to deliver...

309. Cyprus braces for impact as Carmel gathers steam

Local authorities in the Republic of Cyprus are on high alert this weekend as Cyclone Carmel, which was gathering strength over water Saturday morning, is expected to pound the island late at night...

310. RICS Cyprus Property Price Index with KPMG in Cyprus announces results of Q1-Q3 2021

KPMG in Cyprus announces that the “RICS Cyprus Property Price Index with KPMG in Cyprus” has been issued for Q1 – Q3 of 2021....

311. London Credit Fund Q3 2021 Results Exceed its 4 % pa target return

Consulco announced that during Q3 2021, London Credit Fund achieved a dividend of £11.55 in per unit of its Class A shares, $10.84 per unit for its Class C shares and €10.57 per unit for its Class E shares....

312. Cypriot banks to reduce costs

The President of the European Banking Authority speaks to "K"...

313. New types of COVID vaccines and alternative therapies

It's only a matter of time before Cyprus finalizes orders of new COVID vaccines and therapies. ...

314. North clears new entrance in Varosha

Dozens of Greek Cypriots from Varosha who were displaced in 1974 may be a step closer to returning to their homes, after Turkish Cypriot authorities in the north began clearing a new entrance to the ghost town, but the government in the south is urging caution with serious consequences to peace talks...

315. Thousands of property assets in Greece are up for auction

The Greek property market is about to welcome a host of new offerings as the companies that manage loans secured on properties either for banks or the funds that have acquired them are resuming online auctions in large numbers....

316. Loizidou case still open as others settle

The conclusion of a meeting by the Committee of Ministers keeps the Loizidou case open for oversight, while other cases are closed due to amicable settlement between Greek Cypriot private citizens and Turkey...

317. Nicosia reacts to new Al Jazeera video

Nicosia has refuted allegations concerning a Cypriot minister and his trips to London, in reaction to an Al Jazeera secret investigation into how convicted criminals could take on new identities and launder money through ownership of English football clubs by deceiving authorities...

318. International Luxury Property and Residency Conference

319. Greece mounts ‘superhuman efforts’ in multiple fronts

Thousands of people have fled their homes on the Greek island of Evia as wildfires burned uncontrolled for a sixth day on Sunday, and ferries were on standby for more evacuations after taking many to safety by sea...

320. Ankara rejects statement on Varosha

Ankara has remained defiant following a UN Security Council presidential statement that condemned the decision by Turkey and Turkish Cypriots to reopen a residential section of abandoned Varosha...

321. Nicosia okay with latest UNSC draft on Varosha

Nicosia appeared to be at ease on Thursday night after a draft statement on Varosha, expected to be adopted by UN Security Council members on Friday afternoon, was said to 'condemn' recent announcements by Turkish and Turkish Cypriot leaders regarding the island’s ghost town...

322. Greek Cypriots mount cancel Varosha campaign

Cypriot President Nicos Anastasiades declared on Tuesday that no Greek Cypriot from Famagusta 'would become an accomplice to Turkish plans' in Varosha, while also rejecting accusations that he was against Turkish Cypriots sharing power on the island...

323. Cyprus scrambles to contain chaotic wildfire

Villages in Limassol and Larnaca districts were being evacuated on Saturday due to a huge wildfire fire raging through rural communities, with Cypriot police arresting a suspect and the government appealing for aid from EU partners and Israel...

324. Property valuations and uncertainty clauses

Property appraisers in this country have had to deal with unprecedented events in the last seven to eight years that forced them to make use of the so-called 'uncertainty clauses' in their real estate estimates...

325. Officials want young people settle in Strovilia

Dherynia officials are seeking ways to have young people populate abandoned homes in Strovilia, on British Base soil, despite challenges stemming from restrictions that were somewhat eased last year...

326. Turkish Cypriot loses land claim in Paphos

A Turkish Cypriot landowner seeking damages from expropriation in Paphos lost his appeal case not by eminent domain but on a technicality, after the Supreme Court ruled he sued the state prematurely and not through proper channels...

327. Man with chainsaw has fallout with officials

A man in Paphos has been arrested following complaints that he threatened to harm staff at the town’s Turkish-Cypriot property management office last month...

328. ‘No going back’ on Varosha decision

Over 200 Varosha property owners are seeking to return to the divided island’s most popular ghost town, with Turkish Cypriots appearing ready to address Greek Cypriot grievances with or without a solution to the Cyprus problem, adding there is “no going back” on the plan to open the abandoned city...

329. Justice Minister highlights government's efforts to fight corruption

The government of Cyprus is making continuous efforts to protect the country from corruption, justice minister Emily Yiolitis said Wednesday, noting that the government has undertaken a series of actions and pushed a bundle of new laws through the pipeline....

330. Turkey and EU fall out over Varosha

Ankara is accusing the European Union of "ignoring the free will" of Turkish Cypriots, in response to EU High Representative Joseph Borrell, who deplored the latest developments in Varosha and called for them to be undone...