Hellenic Bank’s interim chief executive officer, Antonis Rouvas, said his focus is on maintaining the bank’s business model while addressing long-standing issues such as the collective agreement with staff. Rouvas, until recently
Dams are currently at 58.5% of their capacity, much lower than last year, and will continue to empty until October-November when it usually starts raining in Cyprus, according to officials. Marios Hadjikosti,
Vision-class Cruise ship Rhapsody of the Seas, of the Royal Caribbean group, with 3,000 onboard, docked at Ayia Napa Marina. The passengers were transported Thursday by buses to Ayia Napa, Protaras, Larnaca
Inflation continued to slow in July, rising to 1.5%, the lowest rate since March 2021. July 2023 Consumer Prices Index rose 0.92 points to 115.30 points from 114.38 units in June, according to
Coronavirus medication for humans will be made available for the treatment of cats who are dying in their thousands from feline COVID on the Mediterranean island, officials announced Thursday. The government gave
Greece’s Eurobank is reportedly preparing a strategic roadmap to takeover Hellenic Bank, the island’s second-biggest lender, just months after increasing its stake to over 29%. Once it reaches the 30% benchmark, according
By Naeem Aslam With inflation running at the highest level among G7 nations, the Bank of England has no easy task on its hands. The UK central bank’s decision to hike interest
Jordan is interested in collaborating with Cyprus to establish electricity connectivity with the European Union, said Energy Minister George Papanastasiou. It was discussed on the sidelines of the official visit of President Nikos
A massive wildfire that erupted in the mountains near Limassol on Wednesday, has been partly brought under control after an all-night battle with the flames, said the Fire Department. So far, the
The seasonally adjusted unemployment rate in Cyprus dropped in June from 2022 while remaining stable compared to May, according to Eurostat. Unemployment in Cyprus stood at 4.8% in June, remaining stable since
