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Cyprus Records 3.3% GDP Growth in Second Quarter of 2025, Flash Estimate Shows
Cyprus’ economy expanded in the second quarter of 2025, with GDP growth in real terms estimated at 3.3 per cent compared to the same...
Flexi Group
4 days ago1 min read
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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...
Flexi Group
4 days ago3 min read
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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...
Flexi Group
Aug 122 min read
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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...
Flexi Group
Aug 112 min read
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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...
Flexi Group
Aug 85 min read
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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,...
Flexi Group
Aug 81 min read
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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...
Flexi Group
Aug 72 min read
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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,...
Flexi Group
Aug 62 min read
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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...
Flexi Group
Jul 312 min read
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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...
Flexi Group
Jul 302 min read
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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...
Flexi Group
Jul 232 min read
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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...
Flexi Group
Jul 182 min read
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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...
Flexi Group
Jul 173 min read
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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...
Flexi Group
Jul 105 min read
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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...
Flexi Group
Jul 92 min read
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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...
Flexi Group
Jul 72 min read
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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...
Flexi Group
Jul 43 min read
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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...
Flexi Group
Jul 32 min read
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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...
Flexi Group
Jul 32 min read
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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...
Flexi Group
Jul 12 min read
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