https://knews.kathimerini.com.cy/en/business/moody-s-nick-hill-on-financial-risks-and-opportunities-for-2025
In an insightful conversation with Kathimerini's Panayiotis Rougalas, Nick Hill discusses the key macroeconomic risks and opportunities facing the region in 2025....
https://knews.kathimerini.com.cy/en/business/december-newsletter-of-k-treppides-co-ltd-06-12-2024
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/november-newsletter-of-k-treppides-co-ltd-28-11-2024
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/eurobank-s-€1-2-billion-investment-in-cyprus-signals-confidence
According to Kathimerini's Panayiotis Rougalas, Eurobank has made significant strides in its investment in the Cypriot banking sector, particularly with its ongoing acquisition of Hellenic Bank....
https://knews.kathimerini.com.cy/en/business/eurobank-acquires-full-control-of-hellenic-bank
Eurobank has taken a significant step in consolidating its presence in Cyprus, announcing the acquisition of a controlling stake in Hellenic Bank, according to a report by Panyiotis Rougalas....
https://knews.kathimerini.com.cy/en/news/the-new-360-campaign-by-afis-cyprus-openly-addresses-toxic-relationships
The concept of toxic interpersonal relationships has become a staple of modern discourse, sparking numerous (and sometimes not-so-calm) online and offline conversations. ...
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/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/news/elon-musk-shares-dark-maga-video-casting-trump-as-america-s-superhero
''See, I'm not just like you—I'm Dark MAGA,'' Elon Musk appears to declare at the start of a two-minute anime-style video posted on his personal social media account....
https://knews.kathimerini.com.cy/en/news/tesla-surges-12-on-trump-s-election-win-musk-s-$75m-bet-pays-off
Tesla shares surged 12% in early trading Wednesday following Donald Trump’s victory in the U.S. presidential election, as investors anticipated potential advantages for Tesla and its CEO Elon Musk, a major Trump backer....
https://knews.kathimerini.com.cy/en/news/nearly-30-of-non-eu-seniors-in-eu-report-health-in-bad-or-very-bad-condition
In 2023, a percentage of 28% of non-EU citizens living in the EU aged 65 years or over perceived themselves to be in bad or very bad state of health. ...
https://knews.kathimerini.com.cy/en/news/deadly-floods-in-spain-s-valencia-region-leave-95-dead-and-many-missing
Severe flooding in Spain's Valencia region has resulted in at least 95 confirmed deaths, with many individuals still unaccounted for as rescue efforts continue....
https://knews.kathimerini.com.cy/en/business/cyprus-faces-financial-imbalance-as-assets-fall-short-of-liabilities
As of December 2023, Cyprus' economy is navigating a complex financial landscape, with total assets in financial instruments reaching €869 billion. However, the country also faces a notable financial shortfall, with liabilities exceeding assets by about €29 billion....
https://knews.kathimerini.com.cy/en/business/ft-dutch-court-rules-heineken-must-pay-millions-for-greek-subsidiary-violations
According to a report in the Financial Times, a Dutch court has ruled that Heineken is responsible for competition violations linked to its Greek subsidiary, Athenian Brewery, dating back to the 1990s. ...
https://knews.kathimerini.com.cy/en/news/cypriots-linked-to-$75-million-money-laundering-probe-in-the-french-riviera
French authorities have seized about $75 million worth of real estate and luxury cars in the French Riviera as part of a money-laundering investigation involving two Russian businessmen who hold Cypriot citizenship, according to a published report on the OCCRP.org website. ...
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/cyprus-investment-funds-grow-to-€9-4-billion-in-2024
Investment companies in Cyprus collectively manage assets worth €9.4 billion, with the amount growing by about 2.9% in the second quarter of 2024 but still below last year's figures....
https://knews.kathimerini.com.cy/en/business/freedom-holding-corp-marks-5th-anniversary-of-nasdaq-ipo-with-significant-growth-milestones
Freedom Holding Corp. (FRHC) is celebrating the fifth anniversary of its IPO on the Nasdaq Capital Market, one of the world’s leading stock exchanges. ...
https://knews.kathimerini.com.cy/en/business/bank-of-cyprus-shares-surge-4-6-on-first-day-back-in-athens
Bank of Cyprus shares surged on their first day of trading at the Athens Exchange, reaching €5.00, marking a notable return to the Greek financial market after seven years....
https://knews.kathimerini.com.cy/en/news/boc-shares-open-at-4-78-on-athens-exchange-post-london-exit
The Bank of Cyprus made its debut on the Athens Stock Exchange (ASE) today, following the delisting of its shares from the London Stock Exchange (LSE).
...
https://knews.kathimerini.com.cy/en/news/bank-of-cyprus-to-re-list-on-athens-exchange-after-seven-years
The Bank of Cyprus will re-list on the Athens Stock Exchange (ASE) after a seven-year absence, following the approval of two resolutions by shareholders at an Extraordinary General Meeting on September 13, 2024. ...
https://knews.kathimerini.com.cy/en/business/aegean-announces-a-€25m-investment-in-volotea
Aegean Airlines S.A. (''AEGEAN'') is pleased to announce an investment of €25M in Volotea S.L., one of Europe’s leading low-cost carriers based in Barcelona, Spain....
https://knews.kathimerini.com.cy/en/business/the-fate-of-the-greece-cyprus-energy-link-hangs-in-the-balance
This week will be crucial to whether the power grid link between Greece and Cyprus via Crete will be implemented....
https://knews.kathimerini.com.cy/en/news/starlink-s-finances-frozen-in-brazil-after-legal-conflict-with-elon-musk-s-x
Brazil's top judge has ordered a freeze on the finances of Elon Musk's satellite internet service, Starlink, preventing the company from conducting financial transactions in the country....
https://knews.kathimerini.com.cy/en/news/mariah-carey-loses-both-mother-and-sister-on-the-same-day
Mariah Carey revealed Monday that her mother, Patricia, and sister, Alison, died over the weekend on the same day.
...
https://knews.kathimerini.com.cy/en/news/cyprus-banks-to-engage-with-top-investors-in-london
The investment community is turning its focus to a major conference in London, set for late September, where several Cypriot banks will be represented....
https://knews.kathimerini.com.cy/en/business/eurobank-completes-takeover-of-hellenic-bank
Eurobank S.A., a subsidiary of Eurobank Ergasias Services and Holdings S.A., has successfully completed its mandatory takeover bid for Hellenic Bank Public Company Limited. ...
https://knews.kathimerini.com.cy/en/news/cyprus-sees-significant-uptick-in-new-loans
In June 2024, new loans in Cyprus substantially increased, reaching €330.6 million, up from €234.9 million in May. Data from the Central Bank of Cyprus (CBC) show that total new loans, which include both new and renegotiated contracts, climbed to €514.9 million from €391.6 million the previous month....
https://knews.kathimerini.com.cy/en/business/7-real-estate-investment-opportunities-by-astrobank
AstroBank is selling an unfinished commercial building in Strovolos and other commercial, residnetal and agricultural properties that are ideal investment opportunities in Nicosia, Larnaca, Famagusta, and Paphos.
...
https://knews.kathimerini.com.cy/en/news/eurobank-to-revamp-hellenic-bank-s-leadership-in-september
Eurobank is now focusing on the next steps following the completion of its tender offer for a 100% acquisition of Hellenic Bank, finalized on Tuesday, June 30, 2024. ...
