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Impressive Growth in Cyprus's Services Sector for 2023, Tourism Rebounds, and Innovations Flourish
The Employers and Industrialists Federation (Oev) has lauded the impressive performance of the services sector in 2023, citing...
Flexi Group
Apr 10, 20242 min read
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Cyprus Sees Decline in Business Loan Demand, Housing Loans Stable: Central Bank Report
In the final quarter of 2023, Cyprus witnessed a decline in the net demand for new business loans, continuing a downward trend observed...
Flexi Group
Mar 28, 20242 min read
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European Commission Report: Cyprus's Economic Outlook, Opportunities, and Risks
The European Commission has recently unveiled a comprehensive report detailing the economic outlook for Cyprus, painting a largely...
Flexi Group
Mar 27, 20242 min read
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Cyprus Stock Exchange Introduces €25 Million Government Bonds Series 2024
The Cyprus Stock Exchange (CSE) has unveiled a significant development in the financial realm with the introduction of 25,000 new...
Flexi Group
Mar 22, 20241 min read
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Assessing Cyprus' Economic Landscape: Insights from the 16th Evaluation
The upcoming 16th evaluation of Cyprus' post-memorandum economic situation is poised to commence next Tuesday, extending through to...
Flexi Group
Mar 19, 20242 min read
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Golden Visa Programs: Greece Ranks Second Globally, Amidst Housing Crisis Concerns
Greece has secured a prominent position in the global rankings for its Golden Visa program, coming in second worldwide alongside Austria...
Flexi Group
Mar 19, 20242 min read
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Eurobank Cyprus Reports Stellar Financial Performance for 2023 Amidst Economic Challenges
Eurobank Cyprus unveiled its financial performance for the fiscal year 2023, revealing a remarkable after-tax profit surge of €199.4...
Flexi Group
Mar 11, 20242 min read
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Resilience and Transformation: PwC Cyprus Annual Report Reveals Insights into the Cypriot Real Estate Market
Consulting and advisory firm PwC Cyprus recently presented its annual report for the Cypriot real estate market, which includes important...
Flexi Group
Mar 6, 20243 min read
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Navigating the Boundaryless World: Insights from Deloitte's Global Human Capital Trends Report 2024
Consulting and advisory giant Deloitte Cyprus has recently unveiled its latest installment of the Global Human Capital Trends report for...
Flexi Group
Mar 5, 20242 min read
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Cyprus Reports Surplus in 2023 Financial Results Amid Revenue and Expenditure Shifts
Cyprus' preliminary financial results for 2023, released by the Cyprus Statistical Service (Cystat) on Thursday, revealed a surplus of...
Flexi Group
Mar 4, 20242 min read
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Cyprus Government Abolishes Annual Company Fee: Boosting Business Relief and Competitiveness
The recent decision by the Cabinet of Cyprus to abolish the €350 annual fee for companies, which had been in effect since 2011,...
Flexi Group
Mar 1, 20242 min read
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Central Bank Report Reveals Downturn in Cyprus' Loan and Deposit Sectors for January 2024
In January 2024, Cyprus experienced a notable downturn in both its loan and deposit sectors, as per a report released by the Central Bank...
Flexi Group
Feb 29, 20242 min read
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Cyprus Stock Exchange Joins EuroCTP Consortium for Unified Market Data Initiative
The Cyprus Stock Exchange (CSE) made a significant announcement on Friday, revealing its membership in the EuroCTP consortium. This...
Flexi Group
Feb 27, 20241 min read
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Cyprus Shipping Chamber Applauds Launch of EU Maritime Security Operation 'ASPIDES' in Red Sea
The Cyprus Shipping Chamber (Kne) issued a comprehensive statement on Tuesday, warmly embracing the formal initiation of the EU maritime...
Flexi Group
Feb 23, 20242 min read
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Greek Government Introduces Tiered Investment Thresholds for Golden Visa Program Amid Housing Crisis
Greek authorities recently announced significant changes to the Golden Visa Program in response to the ongoing housing crisis, with the...
Flexi Group
Feb 23, 20242 min read
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Analyzing Cyprus' Economic Outlook: Growth Trajectory, Inflation Trends, and Policy Considerations
The interim winter forecast issued by the European Commission provides a comprehensive analysis of Cyprus' economic outlook, offering...
Flexi Group
Feb 19, 20242 min read
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Cyprus Poised for Energy Transformation: Natural Gas Production and Power Connectivity Initiatives
Cyprus is poised to achieve a significant milestone in its energy sector, with plans underway to commence natural gas production as early...
Flexi Group
Feb 16, 20242 min read
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European Central Bank's Data-Driven Approach to Interest Rates: Insights from Bank of Spain Governor and Central Bank of Cyprus Governor
Bank of Spain Governor Pablo Hernández de Cos shared detailed insights into the European Central Bank's (ECB) approach to interest rate...
Flexi Group
Feb 8, 20243 min read
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Cyprus Central Bank's Quarterly Report Reveals Fluctuations in Interest Rates and Loan Activity
The Central Bank of Cyprus (CBC) recently unveiled its quarterly report, revealing notable fluctuations in interest rates on various...
Flexi Group
Feb 6, 20242 min read
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Cyprus Anticipates Interest Rate Cuts Amid Positive Economic Trajectory and Inflation Progress
Finance Minister Makis Keravnos and Cyprus Central Bank (CBC) governor Constantinos Herodotou convened on Thursday to deliberate on the...
Flexi Group
Feb 5, 20242 min read
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