Tag: economy

Eurobank acquires 98.5% of Hellenic Bank – Plans for squeeze-out

Eurobank has announced the completion of its mandatory public takeover offer for the acquisition of up to 100% of the issued share capital of...

Lithuania fines Revolut €3.5mn for anti- money laundering failures

Regulator identifies control shortcomings; Revolut says no confirmed laundering cases Lithuania’s central bank has imposed a €3.5mn fine on Revolut for failures in its anti-money...

IMF: “Nimble, dynamic” Cyprus economy may grow 2.5% this year

Cyprus has a "nimble and dynamic economy" that should grow about 2.5% this year, the International Monetary Fund said on Friday, while it added...

Trump tariffs add stress to already struggling global economy

The latest round of US trade tariffs unveiled on Wednesday will sap yet more vigour from a world economy barely recovered from the post-pandemic inflation surge,...

Cyprus receives €76.9 million under the Recovery fund

Today, the European Commission disbursed €76.9 million to Cyprus as its third instalment under the Recovery and Resilience Facility. As for all Member States,...

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No progress with Putin on Ukraine war, Trump “disappointed”

Donald Trump has expressed disappointment over his recent conversation...

‘Jesus of Siberia’ sentenced to 12 years in Russia

A Russian cult leader who claimed to be the...

Lawyer defends Bishop Tychikos in fiery church row

A lawyer representing former Bishop Tychikos of Paphos has...

Limassol kiosk worker attacked in violent robbery

A violent robbery took place in Limassol in the...
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