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12° Nicosia,
30 September, 2023
 

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Displaying results 1-30 of 137 matches for query rating.

1. New Deputy Gov't spokesman embraces role's demands, including long hours

https://knews.kathimerini.com.cy/en/news/new-deputy-gov-t-spokesman-embraces-role-s-demands-including-long-hours

Yiannis Antoniou, the newly appointed deputy government spokesman, assured that there would be no question of overtime in his role, recognizing the demanding hours the position entails....

2. Keravnos expects more from banks to boost Cyprus economy

https://knews.kathimerini.com.cy/en/news/keravnos-expects-more-from-banks-to-boost-cyprus-economy

The Cyprus economy has proven its resilience in recent years, Finance Minister Makis Keravnos said Tuesday at the 4th Conference "Banking System: New Challenges and Opportunities", that takes place in Nicosia, noting that there are still challenges that the banking sector must address....

3. Fattal Group acquires yet another holiday property in Cyprus

https://knews.kathimerini.com.cy/en/business/fattal-group-acquires-yet-another-holiday-property-in-cyprus

The facelift at Elias Latsi Holiday Village Resort is progressing smoothly, thanks to the recent positive response from the Environmental Authority....

4. Recovery and Resilience measures target non-performing loans

https://knews.kathimerini.com.cy/en/news/recovery-and-resilience-measures-target-non-performing-loans

In a move to address Non-Performing Loans (NPLs) and maximize European funds, Minister of Finance, Makis Keravnos, announced the approval of an action plan under the Recovery and Resilience Plan. ...

5. Former Finance Minister continues to question EuroAsia project

https://knews.kathimerini.com.cy/en/news/former-finance-minister-continues-to-question-euroasia-project

Former Finance Minister Constantinos Petrides has returned to the issue of the Eurasia Interconnector, expressing concerns and raising important questions. In a post on the "X" platform, he highlighted the need for transparency and clarity surrounding this significant and costly project....

6. Hellenic Bank reports impressive profit surge of €160.2 million

https://knews.kathimerini.com.cy/en/news/hellenic-bank-reports-impressive-profit-surge-of-€160-2-million

Hellenic Bank had a really good financial run in the first half of 2023. They made a profit of €160.2 million, which is a huge jump of 203% compared to last year at the same time....

7. Cyprus faces deceleration amid inflation and rising rates

https://knews.kathimerini.com.cy/en/news/cyprus-faces-deceleration-amid-inflation-and-rising-rates

Cyprus' economy experienced a slowdown in the second quarter of 2023, prompting inquiries about the situation. According to the preliminary estimate provided by the Statistical Service, ...

8. GDP alert: Economic storm brewing?

https://knews.kathimerini.com.cy/en/news/gdp-alert-economic-storm-brewing

Former Minister of Finance, Konstantinos Petrides, comments on the GDP results for the 2nd quarter with five observations....

9. Eurobank Cyprus reports soaring profits amid rising interest rates

https://knews.kathimerini.com.cy/en/business/eurobank-cyprus-reports-soaring-profits-amid-rising-interest-rates

Eurobank Cyprus posted soaring profitability after tax for the first half of 2023 with net profits approaching the profitability of full year 2022, due to rising interest rates and the high remuneration of its liquidity held at the ECB....

10. Melco Announces Unaudited Second Quarter 2023 Earnings

https://knews.kathimerini.com.cy/en/business/melco-announces-unaudited-second-quarter-2023-earnings

Melco Resorts & Entertainment Limited (Nasdaq: MLCO), operator of City of Dreams Mediterranean and Cyprus Casinos (“C2”), reported its unaudited financial results for the quarter ended 30 June 2023....

11. Uber driver saves over $1,000 monthly with Tesla

https://knews.kathimerini.com.cy/en/news/uber-driver-saves-over-$1-000-monthly-with-tesla

Wesley Johnson, 64, uses the income he earns as a San Francisco Uber driver to offer some financial support to his four children and seven grandchildren. ...

12. Banking on success: Greek and Cypriot banks show remarkable credit improvement

https://knews.kathimerini.com.cy/en/business/fitch

Fitch Ratings released a new report on Monday stating that the credit profiles of Greek and Cypriot banks have significantly improved over the past year due to de-risking and restructuring....

13. Proposed foreclosure reforms spark debate in Cyprus

https://knews.kathimerini.com.cy/en/news/proposed-foreclosure-reforms-spark-debate-in-cyprus

Three proposals will be discussed at the last Plenary Session of the House of Representatives before the summer recess, along with three scenarios regarding the outcome of the foreclosure framework....

14. Europe's first multi-themed resort opens in Limassol

https://knews.kathimerini.com.cy/en/news/europe-s-first-multi-themed-resort-opens-in-limassol

The inauguration of the City of Dreams Mediterranean in Limassol on Monday marks a significant milestone for tourism in Cyprus, introducing the continent's first multi-theme resort....

15. Contentious foreclosure legislation sparks debate in Parliament

https://knews.kathimerini.com.cy/en/news/contentious-foreclosure-legislation-sparks-debate-in-parliament

The issue of foreclosures remains unresolved and will be the focal point of the upcoming plenary session on Thursday, July 13. ...

16. Young Greeks appear more pro-American

https://knews.kathimerini.com.cy/en/news/young-greeks-appear-more-pro-american

Anti-Americanism in Greece seems to be on the wane, as a recent Pew Institute survey in 23 countries showed that 56% of Greeks have a positive view of the United States...

17. Conservatives storm to victory in repeat Greek election

https://knews.kathimerini.com.cy/en/news/conservatives-storm-to-victory-in-repeat-greek-election

Greece's conservative New Democracy party stormed to victory in a parliamentary election on Sunday with voters giving reformist Kyriakos Mitsotakis another four-year term as prime minister...

18. MPs move forward with divestment changes

https://knews.kathimerini.com.cy/en/news/mps-move-forward-with-divestment-changes

MPs are displaying a resolute determination to press ahead with crucial changes to the divestment framework before the parliamentary summer recess....

19. Regulatory change delays electric air taxi market entry

https://knews.kathimerini.com.cy/en/business/regulatory-change-delays-electric-air-taxi-market-entry

The era of electric air taxis is near, but a regulatory change has created an obstacle for manufacturers. ...

20. The real estate industry's crucial turning point

https://knews.kathimerini.com.cy/en/comment/opinion/the-real-estate-industry-s-crucial-turning-point

The European Parliament recently approved a new bill that aims to tackle climate change by reducing carbon emissions. This new legislation has significant implications for the property markets in Cyprus and Greece, where there is a large stock of buildings over 30 years old and requiring energy upgrades....

21. Cyprus raised 1 billion with a 10-year sustainability bond

https://knews.kathimerini.com.cy/en/business/cyprus-raised-1-billion-with-a-10-year-sustainability-bond

Cyprus has raised €1 billion through its first-ever 10-year sustainable bond, which saw demand exceed supply by 12.5 times. The bond yielded 4.20% and will finance a range of "green" and social projects,...

22. 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....

23. FinMin stresses importance of stable legislation for out-of-court auctions

https://knews.kathimerini.com.cy/en/news/finmin-stresses-importance-of-stable-legislation-for-out-of-court-auctions

The Finance Ministry has stressed the importance of having stable legislation regulating out-of-court auctions, in tandem with an effective insolvency framework in order to achieve a reduction of bad loans....

24. 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."...

25. 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...

26. 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,...

27. Akamas compensation guidelines poses risks, says Finance Minister

https://knews.kathimerini.com.cy/en/news/akamas-compensation-guidelines-poses-risks-says-finance-minister

"The guidelines for compensating landowners in Akamas for the loss of land value they have incurred and providing assistance to the neighborhood are speculative and ill-defined....

28. February Newsletter of K. Treppides & Co Ltd: CySEC

https://knews.kathimerini.com.cy/en/business/2-february-newsletter-of-k-treppides-co-ltd-cysec

A new issue is out from the newsletter by K. Treppides & Co Ltd, a leader in the field of auditing and accounting services with offices in three countries....

29. Death toll tops 17,000 as hopes fade for survivors

https://knews.kathimerini.com.cy/en/news/death-toll-tops-17-000-as-hopes-fade-for-survivors

Rescuers pulled more survivors from beneath the rubble of collapsed buildings Thursday but hopes were starting to fade of finding many more people alive more than three days after catastrophic earthquakes and a series of aftershocks hit Turkey and Syria, killing more than 17,000....

30. Tourism revenues are on the mend

https://knews.kathimerini.com.cy/en/news/tourism-revenues-are-on-the-mend

Savvas Perdios, the deputy tourism minister, spoke with K shortly after his trip to New York and Washington, D.C., about the ministry's investment in this market and the need to gradually lay the groundwork for increased American visitor numbers in Cyprus....

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