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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 7, 20252 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 4, 20253 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 3, 20252 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 3, 20252 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 1, 20252 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 23, 20252 min read


CSE Lists €25 Million in New 13-Week Government Treasury Bills Following June Auction
The Cyprus Stock Exchange (CSE) on Tuesday announced the listing of a new series of government treasury bills with a total nominal value...
Jun 19, 20251 min read


Cyprus and India Stock Exchanges Deepen Ties with New Investment and Listing Initiatives
The Cyprus Stock Exchange (CSE) and the National Stock Exchange of India (NSE) are moving forward with plans to strengthen cooperation...
Jun 17, 20252 min read


Eurobank Finalizes Full Acquisition of Hellenic Bank; Rebranding to Follow
Eurobank S.A., a subsidiary of Eurobank Ergasias Services and Holdings S.A., has officially completed its acquisition of 100% of Hellenic...
Jun 13, 20252 min read


Cyprus’ Banking Sector Emerges Stronger Post-Crisis, but Regulatory Shift Needed Across EU
The Cypriot banking system has significantly strengthened since the 2013 financial crisis, becoming more resilient, internationally...
Jun 12, 20255 min read


European Commission Removes Cyprus from Macroeconomic Imbalance List, Urges Action on Key Challenges
Cyprus is no longer regarded as a country experiencing macroeconomic imbalances, according to the European Commission’s 2025 Spring...
Jun 5, 20254 min read


UniCredit Strikes Derivatives Deal to Nearly Double Stake in Alpha Bank
UniCredit has taken a decisive step toward significantly boosting its ownership in Greece’s Alpha Bank, revealing on Wednesday that it...
May 29, 20252 min read


Fitch Affirms Cyprus’ ‘A-’ Rating with Stable Outlook Amid Strong Fiscal Performance and Geopolitical Headwinds
International credit rating agency Fitch has affirmed Cyprus’ long-term foreign currency rating at ‘A-’ with a stable outlook, citing a...
May 26, 20253 min read


Cyprus Saving Rate to Reach 11% in 2025 Amid Broader EU Stabilisation, Commission Forecasts
The household saving rate in Cyprus is forecast to increase to 11% in 2025, according to the European Commission’s Spring 2025 Economic...
May 22, 20251 min read


Fitch Revises Greece’s Outlook to Positive as Fiscal Outperformance Exceeds Expectations
Fitch Ratings has upgraded Greece’s Long-Term Foreign-Currency Issuer Default Rating (IDR) Outlook to Positive from Stable, reaffirming...
May 19, 20253 min read


CySEC Penalizes iTrade Global for AML Breaches, Initiates Liquidation of WAVENTURES RAIF
The Cyprus Securities and Exchange Commission (CySEC) has issued two separate regulatory announcements this week concerning enforcement...
May 16, 20252 min read


Cyprus Eyes Schengen Zone Membership by 2026, Says President Christodoulides
Cyprus is aiming to join the Schengen zone in 2026, President Nikos Christodoulides announced on Sunday, declaring that the Republic of...
May 12, 20253 min read


Greek Investors Shift Focus to Tech Stocks and ETFs Amid Tesla Decline and Rising Financial Awareness
Investment trends among Greek users of the fintech app Plum, which also maintains operations in Cyprus, have taken a noticeable turn in...
May 9, 20253 min read


Cyprus Urged to Maintain Fiscal Discipline Amid Rising Global Risks, Economic Council Warns
The Cyprus Economy and Competitiveness Council has issued a strong warning against the expansion of inflexible public spending,...
May 8, 20253 min read


CBC Issues 2025 AML Directive, Easing Requirements for Low-Risk Clients While Upholding Stringent Standards
The Central Bank of Cyprus (CBC) has officially released its 2025 directive on the prevention of money laundering and terrorist...
May 6, 20253 min read
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