Cyprus Bank Chief Stays On

NICOSIA – Cyprus’ largest bank says its outgoing chief executive has agreed to stay on two more years under a new contract, overturning his earlier decision to step down.

John Patrick Hourican, a former Royal Bank of Scotland executive, announced in April that he would be leaving after two years at the helm of Bank of Cyprus. He cited personal reasons.

Hourican’s new contract takes effect Jan. 1st.

Bank of Cyprus Chairman Josef Ackermann said that Hourican has been “instrumental” in improving the troubled lender’s performance.

Hourican took on the job a few months after international creditors threw Cyprus a 10 billion euro ($10.63 billion) lifeline in March, 2013, that forced a grab of uninsured Bank of Cyprus deposits and shuttered the country’s second largest lender.


NICOSIA - Greek-Cypriot firefighters called in to help Turkish colleagues on the occupied side of the island worked with them, both drawing praise for working side-by-side while political rhetoric has become incendiary.

Top Stories

General News

FALMOUTH, MA – The police in Falmouth have identified the victim in an accident involving a car plunging into the ocean on February 20, NBC10 Boston reported.

General News

NEW YORK – Meropi Kyriacou, the new Principal of The Cathedral School in Manhattan, was honored as The National Herald’s Educator of the Year.

General News

PHILADELPHIA – The Federation of Hellenic Societies of Philadelphia and Greater Delaware Valley announced that the Evzones, the Presidential Guard of Greece will be participating in the Philadelphia Greek Independence Day Parade on March 20.


Woman Fatally Shot while Pushing Stroller on Upper East Side

NEW YORK — A 20-year-old woman was fatally shot Wednesday night while she pushed her infant daughter in a stroller on the Upper East Side, police said.

Enter your email address to subscribe

Provide your email address to subscribe. For e.g. abc@xyz.com

You may unsubscribe at any time using the link in our newsletter.