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4951. Eurobank acquires 17.3% stake in Hellenic Bank for €167.9 million

The Eurobank has agreed to acquire an additional stake of around 17.3% (equivalent to 71,428,572 shares) in the Hellenic Bank at a total price of 167.9 million euros, or 2.35 euros per share. ...

4952. EC: ''Greece, you are not alone, the EU is with you''

Water-dropping planes from several European countries joined hundreds of firefighters Wednesday battling wildfires raging for days across Greece that left 20 people dead, while major blazes also burned in Spain’s Tenerife and in northwestern Turkey near the Greek border....

4953. Cyprus cracks down on illegal immigration ring

In a move to address migration challenges head-on and show unwavering determination against the issue, a well-coordinated operation sprung into action this morning in the Limassol district. ...

4954. What's new in Germany's citizenship law?

The German government has introduced a new citizenship law, proposed by Interior Minister Nancy Faeser, aiming to streamline the process of acquiring dual citizenship and obtaining naturalization for non-EU citizens....

4955. Transport and storage grow by 22.3%

During the second quarter of 2023, the business activity index in the transportation and storage sector reached 154.4 units, indicating a growth of 17.3% compared to the same period in 2022....

4956. Desperate battle against unyielding fires rages on

Greece is grappling with an ongoing state of fire as blazes continue to ravage several regions....

4957. US Senator Menendez receives honorary citizenship and church honor in Cyprus

The City of Paphos announced on Monday that it will bestow the title of Honorary Citizen upon US Senator Robert Menendez in a special ceremony scheduled for Friday. ...

4958. Cyprus converts ship to boost natural gas integration

Good news has emerged regarding the development of the LNG Terminal in Cyprus and the introduction of Natural Gas to the region. The conversion of the ETYFA ship Prometheus into a floating LNG regasification and storage unit (FSRU) is now finished....

4959. Two migrant children among the dead from Evros fires

Eighteen people died in the village of Avantas in Evros, northeastern Greece, where fires raged on Tuesday for a fourth straight day, along with dozens of new blazes....

4960. Eurobank secures full control of Hellenic with Pimco share acquisition

Eurobank has successfully acquired all shares of Pimco in Hellenic Bank for €167.9 million, equivalent to €2.35 per share, solidifying its position as the predominant shareholder....

4961. Japan to release treated radioactive water from Fukushima plant

After months of controversy and anticipation, Japan is set to begin releasing treated radioactive wastewater from its Fukushima nuclear plant later this week despite fierce objections from some countries....

4962. Diaspora conference kicks off with over 300 delegates

The World Conference of Cyprus Diaspora has commenced, gathering more than 300 delegates from various corners of the world. The event, which began on Tuesday afternoon, is scheduled to run until August 25th....

4963. Thermometer set to hit 40°C

In a recent announcement, the Meteorological Service has issued a new warning regarding high temperatures. ...

4964. Joe Biden's Maui tour overshadowed by 'sleeping' video

President Joe Biden arrived in fire-ravaged Maui on Monday to witness the aftermath of a devastating inferno that left widespread destruction and claimed the lives of at least 115 people more than a week ago....

4965. 18 charred bodies of immigrants found in Evros fire

Amidst the relentless wildfires that have engulfed Greece, at least 18 charred bodies of immigrants have been discovered in the scorched expanse of Dadia Forest in Evros....

4966. US and Cyprus join forces in maritime aeronautical exercise

A strategic and highly coordinated aeronautical exercise between Cyprus and the United States took place on Monday, featuring intricate tactical movements, advanced maneuvers, and technical gymnastics. ...

4967. Russia joins condemnation amidst UN buffer zone tensions

Swift condemnation has followed the recent attacks on United Nations peacekeepers and the resulting damage to UN vehicles by Turkish Cypriots. A draft statement addressing the incidents in the village of Pyla, including plans by Turkey, is currently being considered by the Security Council....

4968. Dumping dilemma as Cyprus struggles to break the cycle of illegal waste

The problem of the existence of three illegal dumpsites in the Akamas community area has been trapped in a vicious circle of blame for years....

4969. City of Dreams Mediterranean partners with Cablenet

4970. Clear skies and calm seas

Presently, the influence of a seasonal low-pressure system is affecting the region, casting its impact on the anticipated weather trends during the forthcoming hours. ...

4971. Energy gamble or gain? Cyprus' big plans under scrutiny

The reluctance of the European Investment Bank (EIB) to financially support a part of the project, such as the Israel-Cyprus-Greece electric cable, should strongly concern Cyprus regarding its energy plans. ...

4972. Are Cyprus's leaders failing amidst territorial crisis?

The occupying authorities are taking control of a part of the dead zone in the Arsos-Pyla area to build a road to "improve access for their citizens living in Pyla....

4973. Taylor Swift's tour spreads goodwill to food banks

Economists told CNN recently that Taylor Swift’s Eras Tour is becoming such a massive phenomenon that it’s having demonstrable impacts on the US economy at large, but it’s not only stadium venues, record labels, and ticket vendors benefiting....

4974. Towns chase transformative cultural thrones

Larnaca, Limassol, and Nicosia have begun working towards the title of the European Capital of Culture for 2030, and it seems that the municipalities of Ypsonas and Ayia Napa also want to join this effort....

4975. Evacuations ordered NW of Athens as blaze ravages villages

Greek authorities ordered the evacuation of two villages in the central Viotia region, about 100 kilometers (60 miles) northwest of Athens after a forest fire broke out Monday morning....

4976. EuroAsia interconnector seeks alternative funding

The developer of the EuroAsia Interconnector is seeking alternative funding avenues to construct Cyprus' electricity interconnection with the European Union, following the European Investment Bank's rejection of a loan request. ...

4977. Fattal Group acquires Grand Resort Hotel

The Israeli hospitality conglomerate, Fattal Hotel Group, is continuing its expansion in Cyprus by acquiring the five-star GrandResort hotel in Limassol, according to an announcement by Invest Cyprus. ...

4978. Media's impact in Cyprus crisis: Fanning flames or offering relief?

A series of events in recent days, from Chloraka to Apostolos Andreas and then to Pyla, along with the disputes on social media about what is happening or not, remind us more than ever of the need for serious media that don't simply adopt official statements and don't stay on the surface of things, in the emotional and political stereotypes. ...

4979. Tragic end for 63-year-old hunter after lifeless body discovered in Limassol

A 63-year-old hunter's outing was fatal, as he was found dead in Limassol district on Sunday afternoon (20/8)....

4980. Residential properties and offices for sale by AstroBank

Homes and building plots, as well as offices have been listed for sale by AstroBank in the districts of Paphos, Larnaca and Nicosia....