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music event

Music under the stars at Minthis

Experience a celestial symphony in Paphos at the Minthis Amphitheatre with violinist Niklas Liepe, pianist Nils Liepe, cellist Raphaela Gromes, and pianist Julian Riem. Prepare for an enchanting evening under the stars, indulging in captivating classical and modern melodies amidst panoramic views.

legal financial

Legal Woes for Osiou Avakoum Monastic Figure

Amidst the tranquil setting of Osiou Avakoum monastery, Archimandrite Nektarios faces a legal storm with eleven serious charges, exposing potential financial misconduct. The arrest of the prominent monk unveils a scandal of biblical proportions, shaking the foundations of the monastery and sparking discussions on accountability within religious institutions.

loan management asset management

Kedipes Achieves Strong Financial Performance in Q1 2024

In Q1 2024, Kedipes achieved strong financial results with robust cash inflows of €144 million and repaid €140 million to the state, bringing the total state aid repayment to €1.3 billion. The company plans to repay an additional €60 million by June, showing a 35% increase in cash inflows compared to the same period last year.

expansion regional connectivity

Wizz Air increases number of flights from Larnaca

Wizz Air has expanded its services from Larnaca, increasing flight frequency and adding 177,000 seats to enhance regional connectivity. Major route improvements include more flights from Larnaca to Yerevan, Thessaloniki, Athens, and additional Central and Eastern European destinations like Gdansk, Prague, and Wroclaw.

financial legal proceedings

Unraveling the Complexity of the Avakoum Financial Scandal

The Avakoum Financial Scandal at Osiou Avakoum monastery centers around two monks, Nektarios and Porfirios, facing accusations of owning €800,000 in cash and assets amid claims of financial misconduct and a monk assaulting a worker. AttorneyGeneral George Savvides oversees the investigation, shedding light on legal and ecclesiastical challenges, prompting reflections on transparency in religious institutions.

banking financial

Eurobank’s Enhanced Role in Hellenic Bank

Eurobank has acquired a majority stake in Hellenic Bank, making a significant move in the Cypriot banking sector with a €275.7 million investment. This strategic purchase of 55.3% stake demonstrates Eurobank’s commitment to the growth potential of Hellenic Bank and its longterm investment in Cyprus’s financial landscape.

banking financial performance

AstroBank Achieves Record Profits in 2023

In 2023, AstroBank achieved a record aftertax profit of €30.4 million, a significant growth from €12.2 million in the previous year, reflecting a Return on Equity (RoE) jump to 13.9 percent and a robust capital adequacy ratio of 23.7 percent. The bank’s strategic management and digital innovation were key to this exceptional growth, establishing AstroBank as a key player in serving both entities and individual customers in Cyprus.

womanhood art

Touch(ed) by Plastic: A Bold Performance at Limassol Theatre

“Touch(ed)” at Limassol’s Rialto Theatre is a bold solo performance challenging societal norms about womanhood and art through movement, spoken word, and visual arts. This transgressive experience questions gender biases, monogamy, motherhood, and slutshaming, pushing the boundaries of acceptability in both art and life.

church legal

Archbishop Georgios Addresses Monastery Misconduct

Archbishop Georgios addresses allegations of misconduct at the Osiou Avakoum monastery in Cyprus, including physical abuse and financial improprieties. He has issued an apology and pledged a thorough investigation to address the scandal and restore trust in the Church of Cyprus.

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