top of page
All Articles


Cyprus Prepares to Launch New Cooperative Bank: Aiming to Avoid Past Pitfalls
The Pancyprian Cooperative Promotion Company is actively seeking a contractor to draft a prospectus and issue shares as part of its plan...
Oct 18, 20243 min read


CySEC Reports Collective Investment Sector AUM Reaches €9.4 Billion in Q2 2024
The Cyprus Securities and Exchange Commission (CySEC) announced on Tuesday that the total assets under management (AUM) for the country’s...
Oct 16, 20242 min read


Parliamentary Trade Committee Proposes Cancellation of Beneficial Owner Fines, Introduction of €250 One-Time Fee
The Parliamentary Trade Committee is leaning toward a resolution to cancel fines previously imposed for delays in submitting beneficial...
Oct 10, 20243 min read


Greek Banks Must Assess Climate Risks and Emission Reductions by Year-End Amid ECB Policy Changes
Greek banks are gearing up to meet new requirements that mandate assessing climate-related risks at all levels and submitting their...
Oct 8, 20243 min read


Greece's HFSF to Begin Sale of Up to 12% Stake in National Bank of Greece Next Week
Greece’s bank bailout fund, the Hellenic Financial Stability Fund (HFSF), is set to initiate the process of selling a stake of up to 12...
Sep 27, 20241 min read


Bank of Cyprus Resumes Trading on Athens Stock Exchange After Seven-Year Hiatus
On Monday, the Bank of Cyprus officially returned to the main market of the Athens Stock Exchange (ATHEX) after a seven-year break. The...
Sep 26, 20242 min read


Cyprus Casinos Generate €529.7 Million in Gross Revenue by Mid-2024, Says Gaming Authority
The total gross gaming revenue from casinos in the Republic of Cyprus, from their opening in June 2018 until July 2024, has reached...
Sep 25, 20243 min read


Cyprus Forum Promotes Island as Key Business Hub for Lebanese Firms Seeking EU Access
On Monday, the Cyprus Chamber of Commerce and Industry (Keve) and Invest Cyprus co-hosted a forum aimed at positioning Cyprus as a...
Sep 24, 20242 min read


Finance Ministry Urges Football Clubs to Settle €35.6 Million in Debt
The Ministry of Finance has sent a stern warning to football clubs participating in the Debt Repayment Plan, instructing them to pay off...
Sep 24, 20243 min read


Bank of Cyprus Shares Approved for Listing on Athens Stock Exchange
The necessary conditions for the listing of Bank of Cyprus shares on the Athens Stock Exchange (ATHEX) have been fulfilled, as announced...
Sep 20, 20242 min read


Cyprus Among EU Countries with Lowest Poverty Rates, Greece Among Highest
Unlike countries such as Greece, Romania, and Bulgaria, which report high levels of severe material and social deprivation, Cyprus stands...
Sep 18, 20242 min read


Fitch Upgrades Hellenic Bank’s Shareholder Support Rating to 'bb' Following Eurobank Stake Increase
Fitch Ratings has upgraded the Shareholder Support Rating (SSR) of Hellenic Bank Public Company Limited (Hellenic Bank) from “bb-” to...
Sep 17, 20242 min read


Greece Expands Golden Visa Program to Include Startup Investments
Greece is set to expand its Golden Visa Program to encompass investments in startups, according to an announcement by Prime Minister...
Sep 16, 20242 min read


Cyprus: A Rising Startup Hub Beyond Tax Incentives
Cyprus, long renowned for its sun-soaked beaches and rich history, is now gaining attention for something quite different: its burgeoning...
Sep 16, 20244 min read


Government Employment in Cyprus Sees 3.9% Growth in 2024
Government employment in Cyprus has experienced a 3.9 per cent rise during the first eight months of 2024, compared to the same period...
Sep 13, 20242 min read


Hellenic Bank Raises €100 Million in Oversubscribed Bond Issuance
Hellenic Bank has successfully completed a €100 million Senior Preferred bond issuance under its €1.5 billion Euro Medium-Term Note...
Sep 12, 20242 min read


Cypriot Lawmakers Call for Revisions or Withdrawal of Bill Increasing Sports Betting Profits Allocation to Football Clubs
This week, Cypriot lawmakers demanded significant changes or the outright withdrawal of a bill that proposes increasing the share of...
Sep 11, 20242 min read


CySEC Launches Campaign to Warn Investors of Increasing Online Scams
The Cyprus Securities and Exchange Commission (CySEC) has announced the launch of a new social media campaign, aiming to protect...
Sep 10, 20242 min read


Cyprus Administrative and Real Estate Services Lead Q2 Growth, Real Estate Rises 10.5%
Administrative, support, and real estate services in Cyprus performed strongly in the second quarter of 2024, according to the latest...
Sep 6, 20242 min read


Cyprus Development Expenses Hit 29% of Budget by End of July
The implementation rate of development expenses from Cyprus’ state budget reached 29 per cent by the end of July, according to a report...
Sep 5, 20244 min read
bottom of page
