All Articles

Alpha Bank has purchased 3,152,886 of its own shares for a total consideration of approximately €14.87 million as part of its ongoing share buyback programme. The purchases were carried out on Euronext Athens between 7 and 9 September 2026, with the bank paying an average price of €4.7160 per share. The buyback programme was approved by Alpha Bank shareholders at the bank’s Annual General Meeting on 26 June 2026 and was subsequently put into effect on 31 July. The largest ind

Cyprus is intensifying efforts to position itself as a European and regional centre for investment, technology, energy, transport and trade, with President Nikos Christodoulides saying that substantive foreign direct investment (FDI) increased by approximately 10 per cent in 2025 compared with the previous year. Speaking on Wednesday at the EY Cyprus Future Realised Forum in Nicosia, Christodoulides said the rise in investment activity was reinforcing confidence in the countr

Cyprus-regulated businesses are being encouraged to participate in a European consultation that could significantly change how money laundering and terrorist financing risks are assessed across the European Union. The Cyprus Securities and Exchange Commission has urged regulated entities to engage with the Anti-Money Laundering Authority on draft Regulatory Technical Standards designed to establish a common methodology for assessing the money laundering and terrorist financin

Industrial prices in Cyprus accelerated significantly in July, with the overall Industrial Output Price Index increasing by 4.4% compared with the same month a year earlier, according to the latest official data. The index reached 128.2 points in July, based on 2021 as the reference year, following a 2% increase compared with June. The latest figures indicate that price pressures within the industrial economy strengthened considerably during the summer, with energy costs play

Cyprus is continuing to record strong economic growth, with the country's performance remaining well ahead of the European average despite a more challenging external environment and increasing uncertainty across regional markets. The latest figures indicate that real GDP expanded by 3.3% year-on-year in the second quarter of 2026, following growth of 3.0% in the first quarter. The second-quarter result was more than three times the growth recorded across the euro area, highl

Cyprus is rapidly establishing itself as one of the world's most significant video game development hubs relative to its population, with the industry generating billions of euros in annual revenue and attracting hundreds of international companies to the island. The scale of the sector has become increasingly visible following the publication of the first comprehensive industry assessment of Cyprus's video game market. The figures indicate that what was once a relatively sma

National Bank of Greece announced this week that it had repurchased 727,285 of its own common shares traded on Euronext Athens between August 10 and August 17, 2026. The shares were acquired at a weighted average price of €16.3083 each, bringing the total value of the latest transactions to €11,860,757.13. The share buybacks were carried out in line with decisions approved at the bank’s annual general meeting of shareholders on April 30, 2026, and following the subsequent ann

The Cypriot passport has strengthened its position in the latest international passport rankings for 2026, rising one place to 13th position in the Henley Passport Index. Cypriot citizens can now travel to 175 destinations without having to obtain a visa in advance, either through visa-free entry or by obtaining a visa upon arrival. The improvement marks a step forward from 2025, when Cyprus ranked 14th globally. Nevertheless, the country remains one position below its highes

The Cyprus Stock Exchange (CSE) has announced the results of its latest review of listed companies' compliance with minimum market capitalisation requirements, confirming changes to the warning status of several issuers. The review forms part of the exchange's ongoing supervisory framework aimed at promoting market transparency and ensuring that listed companies continue to meet the standards required for admission and continued trading on the regulated market. One of the mos

Leading banks in Greece and Cyprus are expected to report another quarter of strong profitability, supported by resilient lending activity, stable interest income and growing fee-based revenues, despite a more challenging interest rate environment. Analysts believe the sector continues to demonstrate solid earnings momentum as institutions benefit from healthy credit demand, disciplined cost management and robust capital positions. Among the strongest expected performers is B

Cyprus' financial system remains resilient and well-capitalised, but heightened geopolitical tensions, global economic uncertainty and emerging risks continue to pose significant challenges to long-term financial stability, according to the Central Bank of Cyprus (CBC). The warning comes in the bank's 2025 Financial Stability Report, which concludes that although the country's banking sector has strengthened considerably, vigilance remains essential in an increasingly uncerta

The Cyprus Securities and Exchange Commission (CySEC) has welcomed the publication of a follow-up assessment by the European Securities and Markets Authority (ESMA), which acknowledges the substantial progress made by the Cypriot regulator in strengthening its supervision of investment firms engaged in cross-border activities. The review, conducted by ESMA’s Peer Review Committee (PRC), concludes that CySEC has significantly enhanced its supervisory and enforcement framework

Cyprus stood out from the wider European trend in May 2026 by maintaining stable industrial production, even as both the euro area and the European Union recorded declines, according to the latest figures released by Eurostat. Seasonally adjusted industrial production in Cyprus remained unchanged on a monthly basis in May, following a modest increase of 0.1 per cent recorded in April 2026. While the country's output held steady, industrial production across the euro area de

The Cyprus Stock Exchange (CSE) announced on Wednesday that it will remove the shares of K. Kouimtzis and A.J. Green Shell from its emerging companies market, with the delisting scheduled to take effect on July 31, 2026. The exchange explained that the decision was reached after determining that both companies no longer satisfy the conditions required to ensure the orderly functioning of the market, a situation that it believes poses a risk to the protection of investors' int

Fiscal Council member Marios Clerides on Saturday called for the introduction of "ethical banking" in Cyprus as discussions continue over the establishment of a new cooperative bank on the island. Clerides said Cyprus’ financial sector needs banks "which think not only about profits but also about the borrower", adding that such institutions should "take into account the repayment capacity of their customers and do not only rely on collateral". At the same time, he acknow

The Hellenic Gambling Supervision and Control Commission (EEEP) has opened a tender process to appoint a “specialist legal and technical partner” that will help reinforce player monitoring and security measures across Greece’s regulated online gambling market. The initiative is part of the Greek government’s wider effort to strengthen supervision of the online gambling industry by improving player identification systems, enhancing anti-money laundering (AML) protections and

The Cyprus Securities and Exchange Commission (CySEC) has called on regulated financial institutions to strengthen their anti-money laundering and counter-terrorist financing frameworks following the conclusion of the European Union's transition period under the Markets in Crypto-Assets Regulation (MiCA) on July 1, 2026. In a circular issued this week, the regulator highlighted newly published guidance from the Authority for Anti-Money Laundering and Countering the Financing

The Central Bank of Cyprus has drawn attention to a new warning issued by the European Systemic Risk Board regarding the growing cybersecurity risks associated with advanced artificial intelligence technologies, stating that it will continue to monitor developments closely and expects financial institutions under its supervision to take proactive measures to strengthen their resilience against emerging threats. The warning focuses on frontier artificial intelligence models, w

The Cyprus Securities and Exchange Commission (CySEC) has levied an administrative fine of €2,000 against Topsmart Investments AIFLNP V.C.I.C. Limited after determining that the company failed to comply with regulatory obligations under Cyprus' investment fund legislation. The sanction was imposed following the regulator's assessment of the firm's compliance with the applicable legal framework governing alternative investment funds. The decision was formally adopted by the Cy

Malta may be sitting at the top of Europe’s growth table, but Cyprus is building the quieter, more balanced story. A new Euronews analysis, based on IMF projections, places Malta as Europe’s leading medium-term growth performer, with the island economy expected to grow by nearly 4% annually over the next five years. The headline is impressive. It reinforces Malta’s image as one of the eurozone’s most dynamic small economies, supported by tourism, online gaming, financial serv