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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...
Flexi Group
3 days ago3 min read
341 views
1 comment


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...
Flexi Group
7 days ago3 min read
86 views
0 comments


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,...
Flexi Group
May 83 min read
295 views
0 comments


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...
Flexi Group
May 63 min read
713 views
0 comments


Central Bank of Cyprus to Unveil Revised Anti-Money Laundering Directive on May 2
The Central Bank of Cyprus (CBC) has announced that it will publish an updated directive on the prevention of money laundering and...
Flexi Group
Apr 301 min read
1,150 views
0 comments


Deputy Ministry of Tourism Reiterates Registration Requirement for Short-Term Rentals
With the tourist season now underway, the Deputy Ministry of Tourism has issued a renewed warning to property owners offering short-term...
Flexi Group
Apr 292 min read
288 views
0 comments


CySEC Promotes Participation in EU Consultation on Major Financial Regulatory Reforms
The Cyprus Securities and Exchange Commission (CySEC) announced this week the launch of a targeted consultation initiated by the European...
Flexi Group
Apr 293 min read
589 views
0 comments


Nuclear Energy Remains Central to EU's Climate and Energy Strategy, Expert Says
Nuclear energy continues to hold a critical place in the European Union’s energy portfolio, accounting for about 22.8 per cent of total...
Flexi Group
Apr 283 min read
295 views
0 comments


CySEC Warns Against Unlicensed Investment Websites and Fines Streams Financial Services
The Cyprus Securities and Exchange Commission (CySEC) has this week issued a stark warning to investors concerning a number of...
Flexi Group
Apr 172 min read
148 views
0 comments


Cyprus Manufacturing Sector Proves Resilient Amid Global Challenges, Says Oev
Despite ongoing structural hurdles, Cyprus’ manufacturing sector has once again shown its ability to weather international instability,...
Flexi Group
Apr 143 min read
286 views
0 comments


New Loan Volume in Cyprus Drops by 22.8% in February, Interest Rates Show Mixed Trends
The volume of new loans issued in Cyprus experienced a sharp decline of 22.8% in February 2025, reaching €246.1 million, down from €318.7...
Flexi Group
Apr 42 min read
506 views
0 comments


Cyprus Opens Applications for Digital Nomad Visa Programme
Scheme Aims to Boost Local Business Ecosystem The Migration Department has officially opened applications for residence permits under the...
Flexi Group
Mar 283 min read
1,132 views
0 comments


Cyprus Parliament to Vote on Casino Cash Exemption Amid Concerns Over Money Laundering
While it is no longer possible to purchase real estate, cars, or yachts with large amounts of cash, a proposed exception could allow...
Flexi Group
Mar 274 min read
654 views
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Hellenic Bank’s Merger with Eurobank Enters Final Phase as Cyprus Banking and Insurance Sectors Consolidate
Hellenic Bank is making significant strides in a dual integration process that will see both its banking and insurance operations undergo...
Flexi Group
Mar 214 min read
882 views
0 comments


Cyprus Inflation Rises by 2.3% in February, Driven by Leisure and Hotels
Cyprus experienced a 2.3% year-on-year increase in its Harmonised Consumer Price Index (HCPI) in February 2025, according to data...
Flexi Group
Mar 201 min read
278 views
0 comments


CySEC Conducts 850 Audits and Imposes €2.76 Million in Fines in 2024
The Cyprus Securities and Exchange Commission (CySEC) presented its key regulatory activities and market oversight initiatives during a...
Flexi Group
Mar 123 min read
229 views
0 comments


Cyprus Economic Sectors Show Turnover Growth in 2024 Driven by Tourism and Technology
In 2024, the turnover of most economic sectors in Cyprus saw an increase, reflecting the broader economic growth of the country,...
Flexi Group
Mar 72 min read
616 views
0 comments


Cyprus Sees Significant Decline in New Loans Despite Interest Rate Cuts in January 2025
Despite a reduction in interest rates, the volume of new loans in Cyprus saw a notable decline in January 2025, according to data...
Flexi Group
Mar 62 min read
74 views
0 comments


ICPAC Develops Structured Approach to Draft Official Tax Reform Document
The Institute of Certified Public Accountants of Cyprus (ICPAC) has established a structured process for drafting an official document...
Flexi Group
Mar 62 min read
113 views
0 comments


Cyprus Reports 17% Increase in Tourism Revenue for December 2024
Tourism revenue in Cyprus experienced a notable year-on-year increase of 17 percent in December 2024, according to a report published on...
Flexi Group
Mar 51 min read
250 views
0 comments
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