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Updated: 24 min 25 sec ago

Bank of Cyprus full-year net profit rises 4%

Tue, 02/18/2025 - 23:42
Bank of Cyprus reported a 4% increase in full-year net profit on Tuesday and said it would propose the distribution of €211 million in dividends and a €30 million share buyback, representing a 50% payout ratio.

Descendants of Holocaust survivors mark 76th anniversary of Cypriot internment camps’ closure

Tue, 02/18/2025 - 22:30
Snunith Shoham says she was only a few months old in February 1947 when British authorities permitted her family to leave one of around a dozen internment camps in Cyprus that held tens of thousands of Holocaust survivors and head for “the homeland.”

Dendias visits UAE, highlights Greece’s naval role

Tue, 02/18/2025 - 20:40
Defense Minister Nikos Dendias visited the UAE on Monday, accompanied by Vice Admiral Dimitrios-Eleftherios Kataras, chief of the Hellenic Navy General Staff.

US and Russia conclude first talks without Ukraine

Tue, 02/18/2025 - 19:49
US and Russian officials held more than four hours of talks in Riyadh on Tuesday, their first on ending the war in Ukraine, as Kyiv and its European allies watched anxiously from the sidelines and Moscow raised a major new demand.

Icy front Coral to hit Greece in coming days, weather service warns

Tue, 02/18/2025 - 19:18
A particularly cold snap will bring low temperatures and snow in mountainous areas of Greece in two waves starting Wednesday, the country’s National Weather Service (EMY) said in an emergency weather bulletin on Tuesday.

EU tells Trump envoy it wants to work with US on Ukraine peace talks

Tue, 02/18/2025 - 18:43
EU Commission President Ursula von der Leyen told US President Donald Trump's Ukraine envoy Keith Kellogg on Tuesday that Europe wants to work with the US in talks aimed at ending the Ukraine war.

EU ready to move fast on easing spending rules for defence

Tue, 02/18/2025 - 18:03
The European Commission is ready to move quickly with proposals to  ease budget rules to facilitate increased defence spending by member states, EU Commissioner Valdis Dombrovskis said on Tuesday.

Big constructors go for homes

Tue, 02/18/2025 - 17:52
The interest of domestic and foreign institutional investors in the development of new residential buildings has become multidimensional.

‘We are back’ Greek shipyards say after decades of pain

Tue, 02/18/2025 - 16:40
The sound of hammer blows and welding drifted from the Skaramangas Shipyard near Athens last month as workers repaired the bow of a large tanker, while other vessels waited to be fixed in a dry dock nearby.

Greece’s role on the UN Security Council

Tue, 02/18/2025 - 16:00
Greece’s two-year term as a non-permanent member of the United Nations Security Council began at the outset of 2025.

Smaller coastal shipping companies can grow or sink

Tue, 02/18/2025 - 15:39
Greece’s coastal shipping fleet numbers 155 ships owned by 33 companies.

Over 100 weekly flights from the US this summer

Tue, 02/18/2025 - 13:50
This is almost twice as many flights as five years ago, which is also reflected in the large increase in arrivals and receipts from America.

Santorini not facing new volcano

Tue, 02/18/2025 - 13:27
Recent seismic activity in Santorini has sparked concerns about a potential volcanic eruption. However, seismologists Dimitris Papanikolaou and Kostas Papazachos clarified that the region is not facing the formation of a new volcano.

Note to readers

Tue, 02/18/2025 - 13:00
Due to the ongoing strike organized by the Athens Daily Newspaper Journalists’ Union (ESIEA), Kathimerini English Edition will only cover breaking news and feature articles previously published in its print edition.published in its print edition.

Athens university announces course in English

Tue, 02/18/2025 - 12:41
The Athens University of Economics and Business has announced its first undergraduate course that will be 100% in English. 

A mathematician who makes the best of things

Tue, 02/18/2025 - 11:14
The words “optimal” and “optimize” derive from the Latin “optimus,” or “best,” as in “make the best of things.” Alessio Figalli, a mathematician at the university ETH Zurich, studies optimal transport: the most efficient allocation of starting points to end points.

Strong interest for subsidized mortgages 

Tue, 02/18/2025 - 10:14
By Saturday, banks had approved applications for 584 mortgages subsidized under the “My Home II” program in its first month, for a total sum of 65 million euros, according to figures released by the Hellenic Developmental Bank, which is responsible for managing the program. 

Cyprus energy market needs better monitoring

Tue, 02/18/2025 - 09:00
Cypriot Energy Minister Giorgos Papanastasiou admitted inadequate monitoring of the fuel market and the existence of a black market for photovoltaic permits.

Tax takings up by €409 mln in January

Tue, 02/18/2025 - 06:39
Tax revenues were 409 million euros above the target in January 2025, according to the budget execution report announced on Monday by the Ministry of National Economy and Finance.

New sustainable tourism scheme to boost mountains launched

Tue, 02/18/2025 - 05:22
The Ministry of Tourism has launched a new initiative called “Sustainable Mountain Tourism Destination,” which seeks to strengthen tourism at Greece’s alpine destinations.

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