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Greece's Growth Forecasted at 2.2% in 2023, Emphasizing Fiscal Discipline for Investment Stage
The Organization for Economic Co-operation and Development (OECD) has released a report on Greece, highlighting the importance of fiscal...
Jun 8, 20233 min read


The EU's gas policies and their implications for Cyprus
In addition to electricity, the new standards will have an influence on other energy sectors, including transportation, heating, and...
May 30, 20235 min read


Cyprus's domestic bond yields are still rising
The yields on domestic bonds issued by the Republic of Cyprus have risen in accordance with the trend in global central banks' interest...
May 26, 20231 min read


The Registrar has been given permission to evaluate sanctioned companies
On Friday morning, Registrar of Companies Irini Mylona announced that her office has been given permission to begin with the...
May 19, 20231 min read


Bank of Cyprus is awaiting SSM permission before lowering mortgage rates
According to the group's CEO Panicos Nicolaou, the Bank of Cyprus has created a proposal targeted at lowering loan rates, which has been...
May 17, 20233 min read


The road ahead is difficult, but it also offers opportunity, according to the president
President Nikos Christodoulides made the keynote address at this year's Nicosia Economic Congress on Tuesday, emphasising his...
May 10, 20234 min read


According to an EU official, Russian assets frozen in Cyprus are "relatively low."
The European Commission is perplexed by the low number of Russian oligarchs' frozen assets in Cyprus, said European Commissioner for...
May 4, 20233 min read


Hellenic Bank promises to help the Cypriot maritime industry
Hellenic Bank issued a statement on Thursday emphasising its support for the shipping industry and its personnel, which is shown in its...
Apr 28, 20232 min read


Property prices and rental rates in Cyprus have risen yet again
Ask Wire, a Cypriot real estate and technology business, presented the latest iteration of its property market index on Wednesday,...
Apr 27, 20232 min read


Cyprus finance minister announces the preparation of an updated Companies' Law
The finance ministry on Tuesday issued a tender with an estimated value of €2 million for the creation of updated legislation and rules...
Apr 20, 20231 min read


Cypriot company's assistance to the "Orthodox oligarch"
According to sources, an oligarch who is charged with funding pro-Russian separatists in eastern Ukraine continued to move millions of...
Apr 19, 20235 min read


Marios Tannousis to serve as the new CEO of Invest Cyprus
The national organization Invest Cyprus announced on Thursday that Marios Tannousis has been chosen to serve as its new CEO. The release...
Apr 19, 20231 min read


UK investors are leading the charge as offers for Cyprus' ESG bond come in
The Public Debt Management Office of the Finance Ministry said on Thursday that the Republic of Cyprus' recently issued ten-year...
Apr 7, 20232 min read


Cyprus regulator aids FTX investors
On Monday, the Cyprus Securities and Exchange Commission responded to failing cryptocurrency exchange FTX EU (Cyprus) by stating that it...
Apr 4, 20231 min read


Cyprus investment industry stable, assets €9.5 billion
The Cyprus Securities and Exchange Commission (CySEC) released its fourth-quarter 2022 quarterly report this week, highlighting the...
Apr 3, 20232 min read


Beginning May 1, Greece will double its minimum investment amount for Golden Visas
Greece's decision to raise the minimum amount of investment for the Golden Visa Program will take effect on May 1 of this year. This...
Mar 30, 20232 min read


Cyprus consul talks with Bahraini ministers to strengthen cooperation in the energy and tourism
According to a Friday notice, Cyprus Consul Christos Poullaides met with Bahraini Ministers to discuss bilateral cooperation in the...
Mar 27, 20231 min read


Cyprus pitches its case for investment to Middle Eastern corporations
The national investment promotion agency, Invest Cyprus, announced on Wednesday that it recently hosted two successful events in Amman...
Mar 23, 20232 min read


After reports of abuse, Cyprus discontinues its online appointment platform
After accusations that agents were buying up appointment times and selling them individually for €200, Cyprus authorities shut down an...
Mar 22, 20232 min read


In January of 2023, Cyprus' trade deficit reached a record high of €1.39 billion
According to preliminary data from the Cyprus Statistical Service (Cystat), Cyprus's trade deficit widened significantly in January 2023,...
Mar 15, 20232 min read
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