https://knews.kathimerini.com.cy/en/business/laiki-bank-liquidator-raises-€90-8-million-for-depositor-compensation
According to a report by Panayiotis Rougalas in this Sunday's Kathimerini, the liquidator of the former Laiki Bank, Avgoustinos Papathomas, has achieved a key milestone in efforts to compensate creditors, particularly depositors who lost money during the bank’s 2013 collapse....
https://knews.kathimerini.com.cy/en/news/€10-000-raised-at-eureka-marseille-charity-fashion-show-for-preventive-pediatrics
The ''Eureka Marseille Charity Fashion Show'' was held with great success on November 14, 2024, at the Royal Hall in Nicosia, where the venue was packed with attendees. ...
https://knews.kathimerini.com.cy/en/business/amazon-launches-haul-a-low-cost-rival-to-temu-and-shein
Amazon is launching a new e-commerce platform called Haul, designed to offer shoppers incredibly low prices on a wide range of products, aiming to take on growing competition from Chinese brands like Temu and Shein....
https://knews.kathimerini.com.cy/en/news/greek-real-estate-fourth-cheapest-in-europe-draws-foreign-buyers
The Greek real estate market has significant prospects for establishing itself as one of the main destinations for foreign home buyers, being the fourth cheapest in Europe....
https://knews.kathimerini.com.cy/en/news/temu-half-cyprus-is-better-than-none
The online shopping platform Temu is drawing criticism for selling a T-shirt with a slogan referencing the Cyprus issue. The shirt, priced at €11.90 on sale from an original €23.69, features the phrase...
https://knews.kathimerini.com.cy/en/business/bank-workers-union-sets-sights-on-big-move-in-bank-of-cyprus
Last Thursday, the Cyprus Bank Employees' Association (CBA) announced it had sold its shares in Hellenic Bank to Eurobank, but already, reports suggest ETYK, the Cyprus banking employees’ union, is eyeing its next investment....
https://knews.kathimerini.com.cy/en/business/14-real-estate-investment-opportunities-by-astrobank
AstroBank has listed for sale large residential fields across Cyprus that are ideal for investment purposes.
...
https://knews.kathimerini.com.cy/en/news/theft-on-the-rise-police-urge-vigilance
Authorities in Cyprus are warning residents to stay vigilant as reports of theft continue to rise, including a recent case involving €10,000 worth of jewelry stolen from a home in the Kofinos area....
https://knews.kathimerini.com.cy/en/news/help-is-on-the-way-for-young-couples-needing-a-home
Starting Friday, November 15, young people and couples in Cyprus will be able to apply for financial assistance through a new housing plan. The program, designed to support those up to the age of 41, will accept applications online until December 31, 2024, at noon....
https://knews.kathimerini.com.cy/en/news/boc-finalizes-sale-of-troubled-loans-to-boost-stability-and-growth
In September 2024, the Bank of Cyprus reached a deal with funds linked to Cerberus Global Investments B.V. to sell a portfolio of non-performing loans—primarily business loans backed by collateral. ...
https://knews.kathimerini.com.cy/en/news/new-eu-tariffs-on-chinese-evs-slow-cyprus-shift-to-electric-cars
The European Union's new tariffs on electric vehicles (EVs) imported from China, reaching as high as 35.3%, are expected to significantly impact Cyprus' already slow-moving EV market, according to a report by Kathimerini's Dorita Yiannakou....
https://knews.kathimerini.com.cy/en/comment/opinion/trump-s-win-coffee-with-erdogan-and-the-presidential-spin-a-dose-of-cyprus-reality
For anyone worried that Trump’s election might throw off our strategic ties with the U.S.—those essential space collaborations and our participation in the Star Wars program—the Presidential Palace has assured us that a ''close associate'' of Trump recently reached out to our very own Nicos!...
https://knews.kathimerini.com.cy/en/news/lidl-cyprus-gives-new-life-to-fruit-and-vegetables-with-the-choose-me-bag
With a new initiative, Lidl Cyprus invites all its customers to choose the "Choose me" bag and help reduce food waste, while saving money on their daily purchases....
https://knews.kathimerini.com.cy/en/business/13-real-estate-investment-opportunities-by-astrobank
AstroBank has listed for sale two large houses in Nicosia and Larnaca and other real estate that is ideal for investment purposes in Nicosia, Larnaca, and Paphos....
https://knews.kathimerini.com.cy/en/comment/opinion/cyprus-real-estate-market-falters-as-october-sales-drop-6
With just two months left in the year, October has shown that, despite some resilience, the market remains unable to inspire optimism. Economic indicators for the average household have not sparked an uptick in investment interest, and the ongoing geopolitical instability is growing....
https://knews.kathimerini.com.cy/en/business/tgi-fridays-files-for-bankruptcy-to-keep-brand-afloat
TGI Fridays, the American casual dining brand famous for its lively atmosphere and happy-hour tradition, has filed for Chapter 11 bankruptcy protection as it grapples with the lingering impacts of the COVID-19 pandemic....
https://knews.kathimerini.com.cy/en/news/cyprus-becomes-a-key-player-in-u-s-military-strategy
Cyprus is working to strengthen its military cooperation with the United States, particularly following recent discussions between President Nicos Christodoulides and President Joe Biden....
https://knews.kathimerini.com.cy/en/news/kathimerini-cyprus-unveils-eleni-xenou-s-new-book-hirografo-in-nicosia-event
In a packed Casteliotissa Hall in Nicosia on Wednesday, October 30, Kathimerini Cyprus presented Hirografo, a new book by journalist and author Eleni Xenou....
https://knews.kathimerini.com.cy/en/life/limassol-international-book-fair-expands-for-third-year-with-star-studded-lineup
The Limassol International Book Fair is set to return for its third year, promising an expanded and enriched experience for book lovers, writers, and industry professionals....
https://knews.kathimerini.com.cy/en/news/cyprus-sees-€30-million-in-luxury-property-sales-in-september
In September, the ten priciest property sales in Cyprus totaled €30 million, with Limassol dominating the list, accounting for 62% of these high-value transactions....
https://knews.kathimerini.com.cy/en/business/1-investment-opportunities-by-astrobank
AstroBank has listed for sale large residential plots in Paphos and other building plots in Nicosia and Famagusta....
https://knews.kathimerini.com.cy/en/news/euronet-remains-only-bidder-in-delayed-jcc-payment-systems-sale
The process for the sale of JCC Payment Systems, which began confidentially over the summer, appears to have hit a "snag," with Euronet as the only prospective buyer.
...
https://knews.kathimerini.com.cy/en/news/countdown-to-black-friday-tips-to-avoid-scams
As Black Friday approaches on Nov. 29, businesses worldwide are gearing up for significant sales events. Recognized as the unofficial start of the holiday shopping season in the U.S. since 1952, Black Friday is observed on the fourth Friday in November, the day after Thanksgiving....
https://knews.kathimerini.com.cy/en/news/germany-€60-billion-budget-shortfall-rocks-europe-s-largest-economy
Germany’s tax revenues are projected to fall nearly €60 billion short of earlier expectations over the next five years, intensifying budget challenges for Chancellor Olaf Scholz’s government and straining the already fragile three-party coalition....
https://knews.kathimerini.com.cy/en/news/eureka-massalia-hosts-the-charity-fashion-show-with-must
Eureka Massalia and MUST are proud to announce the return of ''Eureka Massalia The Charity Fashion Show,'' Cyprus’s premier annual charity fashion event. This year’s highly anticipated show will take place on November 14, 2024, at 7:30 PM at the Royal Hall in Nicosia....
https://knews.kathimerini.com.cy/en/news/kathimerini-cyprus-to-launch-eleni-xenou-s-chirographo-on-october-30-2024
Kathimerini Cyprus Publications is excited to announce the upcoming launch of ''XEIROGRAPHO'' (''MANUSCRIPT''), a captivating collection of handwritten stories by journalist and writer Eleni Xenou. The book will be presented on October 30, 2024, at 7:00 PM in the Casteliotissa Hall....
https://knews.kathimerini.com.cy/en/news/1-zelenskyy-s-make-russia-small-again-t-shirt-sparks-kremlin-fury
Ukrainian President Volodymyr Zelenskyy stirred up strong reactions from Moscow after wearing a T-shirt with the bold slogan, ''Make Russia small again,'' during his nightly address on Wednesday. ...
https://knews.kathimerini.com.cy/en/business/bank-of-cyprus-shareholders-moving-at-different-speeds
CarVal Investors recently sold 3% of its 9.09% stake in Bank of Cyprus, sparking speculation that other shareholders may follow suit and sell their shares....
https://knews.kathimerini.com.cy/en/business/investment-opportunities-by-astrobank
AstroBank is selling a large commercial building in Nicosia as well as commercial, residential, and agricultural land in Nicosia, Limassol, and Larnaca, Paphos and Famagusta....
https://knews.kathimerini.com.cy/en/business/kotsovolos-one-destination-the-full-apple-experience
For those who are looking for the ultimate Apple experience, the answer is simple: Kotsovolos!...
