Eurobank eyes Hellenic prize

Greece’s Eurobank is reportedly edging towards a takeover of Hellenic Bank as it prepares to increase its stake in the island’s second-largest lender past 30%. Once it reaches the 30% benchmark, according

President promises to improve health system

President Nikos Christodoulides said his government would upgrade the General Healthcare System (GHS) with the changes that need to be made to improve service. He visited Limassol General Hospital on Tuesday, accompanied by

All eyes on Powell

By Craig Erlam   It’s shaping up to be another relatively flat day in the markets as investors turn their attention to Capitol Hill ahead of Jerome Powell’s first testimony. The Fed Chair

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Hate speech remains widespread

Hate speech against various groups remains widespread in Cypriot public discourse, a European Commission against Racism and Intolerance (ECRI) report on Cyprus said. “There is no comprehensive system in place to monitor

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More new hotels open this summer

Cyprus’ tourism product will be much brighter this summer, with Europe’s largest casino resort complex opening in Limassol. The City of Dreams Mediterranean hotel resort opens its doors on 1 June after

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Volatile week with risk events ahead

  By Lukman Otunuga, Senior Research Analyst at FXTM The next few days could be wild and incredibly volatile for financial markets thanks to key central bank meetings, a semi-annual Congress appearance

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Top UN official to meet Cypriot leaders

UN Under-Secretary-General for Political and Peacebuilding Affairs, Rosemary DiCarlo, will visit Cyprus next week to hold meetings with President Nikos Christodoulides and Turkish Cypriot leader Ersin Tatar. The UN official’s visit aims to