https://knews.kathimerini.com.cy/en/news/fitch-elevates-hellenic-bank-s-credit-rating
Fitch Ratings has upgraded Hellenic Bank's Long-Term Issuer Default Rating (IDR) to 'BBB-' from 'BB+', with stable outlook and its Viability Rating (VR) to 'bbb-' from 'bb+'.
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https://knews.kathimerini.com.cy/en/news/ict-sector-powers-cyprus-economic-growth
Almost all of the productivity growth in Cyprus' economy over the past three years can be attributed to the Information and Communication Technology......
https://knews.kathimerini.com.cy/en/news/eurobank-gains-green-light-for-100-acquisition-of-hellenic-bank
The Cyprus Securities and Exchange Commission (the “CySEC”) approved on 25 June 2024, the publication of the Takeover Bid Document for the acquisition by Eurobank S.A. of up to 100% of the issued share capital of Hellenic Bank, whose shares are listed on the Main Market of the Cyprus Stock Exchange (“CSE”).
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https://knews.kathimerini.com.cy/en/news/biden-harris-attacks-trump-s-reproductive-rights-record-with-new-tv-ad
Today marks the two-year anniversary of the Dobbs decision, and the Biden-Harris 2024 campaign has launched a new television advertisement to coincide with the start of debate week....
https://knews.kathimerini.com.cy/en/news/meet-kevin-the-world-s-tallest-dog
The Iowa great dane that was recently crowned the world’s tallest dog is the same height as the average three-year-old child – and is often mistaken for being a horse. ...
https://knews.kathimerini.com.cy/en/business/major-shareholders-of-bank-of-cyprus-seek-to-sell-15-stake
Two major shareholders of Bank of Cyprus, CarVal Investors and Caius Capital, who together hold 15% of the bank's shares, are looking to sell their stake....
https://knews.kathimerini.com.cy/en/news/new-global-report-launched-at-global-family-business-summit
The Global Family Business report from KPMG Private Enterprise and the STEP Project Global Consortium reveals how some successful business families adopt a future-centric view of legacy that binds generations together, creating dynamic legacies that adhere with tradition while simultaneously embracing innovation...
https://knews.kathimerini.com.cy/en/business/eurobank-increases-stake-in-hellenic-bank-to-55-48
Eurobank's share in Hellenic Bank has increased to 55.48%, after the latest acquisition of 240.303 shares, for €0.62 million....
https://knews.kathimerini.com.cy/en/business/eurobank-boosts-stake-in-hellenic-bank-with-over-500-000-shares
Eurobank has acquired 503,934 more shares in Hellenic Bank, for the cost of €1.29 mn, increasing its share at 55.42%....
https://knews.kathimerini.com.cy/en/comment/opinion/how-inheriting-property-can-cause-headaches
Everything usually starts with pure intentions: ''We have two children, so we pass on half a share to each of them to avoid offending anyone, and then let them do what they want.''...
https://knews.kathimerini.com.cy/en/news/eurobank-takes-control-with-55-3-share-in-hellenic-bank
The European Central Bank (ECB) has given its approval for Eurobank to acquire a majority stake of over 50% in Hellenic Bank, marking a significant milestone in the banking landscape of Cyprus....
https://knews.kathimerini.com.cy/en/news/ecb-approves-eurobank-s-acquisition-of-majority-stake-in-hellenic-bank
The European Central Bank (ECB) has granted the necessary approvals for Eurobank to acquire a 55.3% stake in Hellenic Bank....
https://knews.kathimerini.com.cy/en/news/vafeadis-government-had-no-choice-but-to-terminate-the-contract
In a significant announcement, Cyprus’ Minister of Transport, Communications, and Works, Alexis Vafeades, declared that the government had no choice but to terminate the contract with Kition Ocean Holdings Ltd, tasked with the redevelopment and operation of the Larnaca Port and Marina area....
https://knews.kathimerini.com.cy/en/news/where-can-we-get-fuel-at-lower-prices
As the economic landscape continues to evolve, one sector offers a glimmer of relief: fuel prices. In a conversation with petrol station owner Kyriakos Louka, ...
https://knews.kathimerini.com.cy/en/news/cyprus-investment-funds-increase-by-€293-million
The total assets of investment funds in Cyprus grew by approximately €293 million, or 4.5%, in March 2024 compared to December 2023, reaching €6.78 billion....
https://knews.kathimerini.com.cy/en/news/putin-picks-economist-belousov-as-defense-chief-shoigu-switches-gears
Russian President Vladimir Putin tapped a civilian economist as his surprise new defence minister on Sunday in an attempt to gird Russia for economic war by trying to better utilise the defence budget and harness greater innovation to win in Ukraine....
https://knews.kathimerini.com.cy/en/business/€182m-deal-marks-hellenic-s-strategic-move-into-insurance-sector
CNP Cyprus, the subsidiary of the French insurance giant CNP Assurances, is finally being transferred to Hellenic Bank for €182 million....
https://knews.kathimerini.com.cy/en/news/lost-promises-missed-chances-secrets-behind-cyprus-eu-entry
In an exclusive interview with Kathimerini's Marina Economidou, Gunter Verheugen sheds light on the intricacies of negotiations surrounding the Cyprus problem at Burgenstock....
https://knews.kathimerini.com.cy/en/news/tehran-avoids-escalating-conflict-with-israel
Explosions echoed over an Iranian city on Friday in what sources described as an Israeli attack, but Tehran played down the incident and indicated it had no plans for retaliation - a response that appeared gauged towards averting region-wide war....
https://knews.kathimerini.com.cy/en/business/alternative-investments-and-portfolio-diversification
In contrast to traditional investments in stocks and bonds, portfolios incorporating alternative investments have historically offered higher returns, a trend that has become more prevalent in recent years. ...
https://knews.kathimerini.com.cy/en/news/scottish-forest-holds-key-to-rare-truffle-s-origins
Naturalists have stumbled upon a rare species of truffle nestled within a Scottish forestry plantation earmarked for transformation into an Atlantic rainforest habitat....
https://knews.kathimerini.com.cy/en/news/sophia-vassiliou-paying-it-forward
As the European elections draw near, Cyprus finds itself amidst the emergence of a new political entity: VOLT. This dynamic party brings a breath of fresh air to our political landscape, ...
https://knews.kathimerini.com.cy/en/news/trump-s-$175m-bond-halts-ny-fraud-case-collection
Former President Donald Trump has taken action in his New York civil fraud case, posting a $175 million bond on Monday.
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https://knews.kathimerini.com.cy/en/news/cyprus-boasts-second-largest-eu-born-resident-share
Cyprus had the third largest share of foreign-born residents among EU countries (22.7%), and more specifically the second largest share of residents born in another EU country (10.6%) in 2023, according to data released by Eurostat....
https://knews.kathimerini.com.cy/en/news/european-commission-flags-trade-risks-for-cyprus-economy
The Cypriot economy is on a sound footing due to solid economic growth and declining inflation, but its high integration with EU and non-EU economies make geopolitical and trade tensions......
https://knews.kathimerini.com.cy/en/business/nike-replaces-adidas-as-sponsor-for-german-national-football-team
Nike has secured a landmark sponsorship deal with the German national football team, ousting Adidas from a partnership that has endured for over half a century, signaling a significant blow to the latter's brand....
https://knews.kathimerini.com.cy/en/business/another-record-year-for-cablenet
For yet another year, Cablenet has achieved double-digit revenue growth. Specifically, in 2023, it reached €74.3 million compared to €63.9 million in 2022...
https://knews.kathimerini.com.cy/en/business/march-newsletter-of-k-treppides-co-ltd-financial-conduct-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/news/how-to-apply-for-the-photovoltaic-project-for-your-home
The Greek Ministry of Energy has launched Category A3 of the grants scheme to promote the use of Renewable Energy Sources (RES) and Combined Heat and Power (CHP) systems in residential buildings for 2024-2025.
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https://knews.kathimerini.com.cy/en/business/xm-invests-in-aris-for-future-entrepreneurs
XM, an international company that has established itself as a leader in the investment industry in forex, CFD in shares, metals and more, actively supports education and skills development initiatives through its sponsorship of ARIS (A Really Inspiring Space)....
