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Greece projects a 1.8% growth rate in the budget for 2023
Greece presented its 2023 budget to Parliament, which estimates for growth to slow to 1.8% from an anticipated 5.6% this year. The budget...
Nov 22, 20222 min read


Police discover probable crimes involving cooperative loans
In addition to cases involving dubious loan write-offs, police have found several cases in which possible criminal offenses may have been...
Nov 18, 20222 min read


IAPR audits for unreported Airbnb income... and steep fines
IAPR is stepping up its efforts to "combing" short-term rental income as the company's turnover for 2022 will approach 1.9 billion euros,...
Nov 18, 20222 min read


ASBIS invests €800K in a Cypriot biotech to fuel expansion and develop collagen health products
Promed Bioscience is one of the most promising biotechnology businesses in Cyprus at present. They manufacture collagen-based...
Nov 16, 20222 min read


Cyprus renewable energy receives funds to construct an intelligent photovoltaic platform
The globe is transitioning to renewable energy sources, such as photovoltaics (PV), in an effort to mitigate climate change and...
Nov 15, 20223 min read


J.P. Morgan Increases Presence in Athens
J.P. Morgan, a major US investment bank, revealed on Friday that a new office for a Payments Innovation Lab would be opened in Athens,...
Nov 14, 20222 min read


Digital tools and the Pos interface with Taxis are the IAPR's new weapons against tax evasion
Starting in the new year, cash registers and point-of-sale terminals will be "one flesh," storing all data in real time and permitting...
Nov 14, 20223 min read


Cyprus will start charging Russians for the issuance of Tourist Visas as of December 1st
Russian citizens applying for tourist visas will no longer be subject to easier procedures, according to Cypriot authorities. Beginning...
Nov 10, 20222 min read


Accountants in Cyprus leave PwC to keep clients with ties to Russia
To accept business from clients with Russian ties which the Big Four accounting firms are no longer considering, a group of PwC partners...
Nov 8, 20223 min read


9 Defendants in the First Cyprus Golden Passports Trial are Cleared of All Charges
The Larnaca Criminal Court reportedly cleared nine individuals in the first case involving the Cyprus Citizenship by Investment...
Nov 8, 20222 min read


Cyprus seeks investment from the Gulf
Through a visit to Kuwait, the national investment agency Invest Cyprus reported on Friday that it had made a number of connections and...
Nov 7, 20222 min read


Europe will run out of natural gas in 2023, with catastrophic results
The International Energy Agency has issued a dire warning that Europe would run out of natural gas in 2023, with catastrophic...
Nov 4, 20225 min read


Greece's excessive inflation is revised for the 4th time to 10%—a negative surprise in 2023
According to some economists, the average inflation rate in 2023 will hover between 5% and 5.5% On the day of the fiesta with the...
Nov 2, 20222 min read


In 2022, more than 9,000 international corporate employees sought relocation to Cyprus
A successful government initiative to attract foreign expertise and digital nomads. Since the government's plan for luring firms and...
Nov 2, 20223 min read


MEPs in Cyprus on Predator spying mission
On Monday, the European Parliament revealed that a delegation of MEPs will investigate the development and usage of spyware in the member...
Nov 1, 20222 min read


Greece is the world champion in enhancing the business environment, according to a report.
According to a study released on Monday by the Economist Intelligence Unit (EIU), Greece has surpassed all other countries in the globe...
Nov 1, 20222 min read


Cyprus: A hub for technology companies
International technology firms are one of the sectors of the Cypriot economy that kept expanding both during the pandemic and under the...
Oct 31, 20224 min read


Greece: Increase in Minimum Investment Amount for Golden Visas
Authorities in the Hellenic Republic have once again highlighted that the minimum amount of investment would be increased, making it more...
Oct 30, 20222 min read


Greece's demand for Golden Visas is skyrocketing
Greece's Golden Visa scheme is the most popular in Europe, with wealthy non-EU citizens lined up to obtain one for a minimum investment...
Oct 24, 20223 min read


Binance arrives in Cyprus with CySEC's approval
The Cyprus Securities and Exchange Commission has approved Binance, the largest crypto exchange, as a Crypto Asset Service Provider. Due...
Oct 24, 20222 min read
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