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Eurobank Secures Approval for Full Acquisition of Hellenic Bank

Nicosia: Eurobank SA has secured final approval from the Cyprus Securities and Exchange Commission (CySEC) to proceed with the full acquisition of Hellenic Bank Public Company Ltd, through the exercise of its squeeze-out right. According to Cyprus News Agency, the decision, granted by CySEC on 5 May 2025, authorizes Eurobank

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European Parliament Adopts New Rules for Screening Foreign Investments

Brussels: On Thursday, Members of the European Parliament (MEPs) adopted revised rules to address potential security risks associated with foreign investments. The new regulations, which were passed with 378 votes in favor, 173 against, and 24 abstentions, mandate that member states conduct mandatory screenings of foreign investments in sectors such

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Cyprus Implements Waste Management Plans to Comply with EU Directive

Nicosia: The Ministry of Agriculture, Rural Development and Environment has announced the implementation of a comprehensive plan to ensure Cyprus aligns with EU waste management directives. This initiative aims to address the country’s long-standing non-compliance with European goals and regulations concerning waste management, as stated by the current administration under

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