The Democratic Rally (Disy) suggested a series of measures to support lenders in a meeting with the Association of Cyprus…
Wargaming agrees to sell remaining stake in Hellenic Bank to Eurobank
Wargaming announced it agreed to sell its remaining stake of 6.8% (28,023,767 shares) in Hellenic Bank to Eurobank. According to…
Restaurateur and rapper take on former Domino’s Pizza outlets in Russia
A Russian restaurateur and a pro-Kremlin rapper who together bought Starbucks’ business in Russia last year are now taking over…
Why is France struggling to lower supermarket prices?
Finance Minister Bruno Le Maire is meeting France’s top supermarkets and their suppliers on Wednesday and Thursday to try to…
Hellenic Bank records €160.2 million profit boosted by rising interest rates, debt securities
Hellenic Bank on Wednesday announced its financial results for the first half of 2023, reporting profits driven by rising interest…
Government appears split over EuroAsia Interconnector project’s possible financing
The Energy Minister appears a lot more positive than the Finance Minister over the financial viability of the ambitious EuroAsia…
UK home sales on course to fall to lowest since 2012-Zoopla
The number of house purchases in Britain this year is on course to drop by 21% to its lowest since…
Fresh pressure to be put on Cyprus banks to lower lending rates
The government and parliament on Tuesday will put fresh pressure on Cyprus banks to lower their lending rates to prevent…
Labour unions push to raise retirement age in greying South Korea
South Korean labour unions are battling company managements to press an unusual demand: raising the age of retirement to give…
Shocking increased prices of household electricity in Cyprus over past three years
The average price of electricity consumed by households in Cyprus over the past three years has recorded a shocking increase,…