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Greek State Budget Records Surplus of €2.19 Billion in January–July 2025
Greece posted a surplus of 2.188 billion euros in its state budget balance during the period January to July 2025, according to...
Aug 193 min read


Keve Urges Cypriot Businesses to Engage in EU Merger Rules Consultation
The Cyprus Chamber of Commerce and Industry (Keve) this week called on businesses in Cyprus to take part in the European Commission’s...
Aug 122 min read


Cyprus on High Alert as Global DDoS Attacks Surge and Record-Breaking Botnet Emerges
Cyprus is facing mounting cybersecurity concerns amid a sharp global rise in Distributed Denial of Service (DDoS) attacks, with national...
Aug 112 min read


Cyprus Deposit Rates Fall While Housing Loan Costs Rise in June, Central Bank Reports
Interest rates on deposits in Cyprus continued their downward slide in June 2025, while housing loan costs edged higher, according to the...
Aug 85 min read


Cyprus Stock Exchange to Remove EFA Holdings PLC from Emerging Companies Market Index
The Cyprus Stock Exchange (CSE) has announced that the composition of its Emerging Companies Market Index will be changing this week,...
Aug 81 min read


JP Morgan Flags Greece as Prime Investment Destination in Emerging Markets Outlook
JP Morgan has firmly placed Greece in the spotlight, identifying the country as one of the top choices for investors seeking to...
Aug 72 min read


Industrial Turnover in Cyprus Sees Growth in May and Early 2025 Despite Sectoral Declines
The industrial turnover index in Cyprus posted an annual increase both for the month of May and across the first five months of 2025,...
Aug 62 min read


CySEC Launches Public Consultation on Legislative Amendment for ASP Authorisation Process
The Cyprus Securities and Exchange Commission (CySEC) has initiated a public consultation regarding a proposed legislative amendment that...
Jul 312 min read


CySEC Issues Alert Over Fake Websites and Scams Impersonating the Regulator
The Cyprus Securities and Exchange Commission (CySEC) has issued a stern warning to the public regarding a number of fraudulent websites...
Jul 302 min read


Cyprus Central Bank Reports €28.35 Billion in Total Assets and Liabilities as of June 2025
The Central Bank of Cyprus (CBC) reported total assets of €28.35 billion as of June 30, 2025, according to the latest financial statement...
Jul 232 min read


Cypriot Banking Sector Sees Profitability Dip Despite Asset Growth and Stronger Capital Adequacy
The Cypriot banking sector experienced a drop in profitability during the first quarter of 2025, even as total assets expanded and...
Jul 182 min read


UBS Flags Greece Among Europe’s Most Exposed Economies to Trump’s Proposed US Tariffs
In its latest report released on July 15, Swiss multinational financial services firm UBS has placed Greece among the European economies...
Jul 173 min read


Cyprus Parliament to Vote on Sanctions Enforcement Bills Amid Revisions and Stakeholder Feedback
The House of Representatives is preparing for a pivotal plenary session on Thursday, during which members will vote on three significant...
Jul 105 min read


Cyprus’ Tertiary Sector Sees Broad-Based Expansion in 2023, Driven by Gains Across Services
Cyprus’ tertiary sector delivered a strong performance throughout 2023, with every branch of economic activity registering increases in...
Jul 92 min read


Cyprus Administrative Court Overturns Multi-Million Euro Fines Against Vardinogiannis Siblings
In a significant legal victory for Ioannis and Amalia Vardinogiannis, the Administrative Court has annulled the decisions of the Cyprus...
Jul 72 min read


Cyprus Property Market Sees Continued Growth in Early 2025, Despite Nicosia Dip
Cyprus’ housing market sustained its upward momentum into the first quarter of 2025, with the general house price index—covering both...
Jul 43 min read


Cyprus Establishes National Oversight Mechanism for Foreign Investments Amid Security Concerns
The Cypriot government has taken a decisive step in tightening control over foreign direct investments (FDI) with the formal approval of...
Jul 32 min read


Euronext Makes Offer for Athens Stock Exchange, Reflecting Confidence in Greek Market Revival
Euronext, Europe’s largest stock exchange operator, has formally submitted a takeover proposal to the Athex Group, aiming to acquire up...
Jul 32 min read


Cyprus Sees Dip in Economic Sentiment Amid Rising Uncertainty in June
The economic climate in Cyprus took a downturn in June 2025, as the Economic Sentiment Indicator (ESI) recorded a slight decline, falling...
Jul 12 min read


Cyprus Among EU’s Lowest for Renewable Energy Share in Early 2025, Eurostat Reports
Cyprus continues to lag behind most of its European Union counterparts in renewable energy production, placing fourth lowest among all...
Jun 232 min read
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