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Eurobank Embarks on Global Expansion with Merger Moves and Middle East Representative Offices
Eurobank is actively pursuing an expansion strategy to broaden its global footprint by establishing representative offices in key...
Flexi Group
Feb 1, 20242 min read
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Cyprus Secures Position as EU Leader in Cross-Border Investment Services, Unveils Crypto Regulation Plans
In a significant development, Cyprus has asserted itself as the leading European Union member state in the provision of cross-border...
Flexi Group
Jan 26, 20242 min read
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Cyprus Sees Decline in Loan Applications Amidst Eurozone Policies and Rising Rates
A survey conducted by the Central Bank of Cyprus (CBC) has revealed a decline in loan applications from both businesses and households in...
Flexi Group
Jan 18, 20241 min read
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Cypriot and Hungarian Banks Lead Eurozone in Shareholder Profitability, EBA Report Shows
Banks in Cyprus and Hungary have emerged as the most profitable for shareholders within the Eurozone, according to the European Banking...
Flexi Group
Jan 17, 20241 min read
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Minister of Commerce Extends Deadline for Registering Beneficial Owners Amid Criticism and Fines Controversy
The Minister of Commerce, Giorgos Papanastasiou, announced an extension until March 31 for the registration of all companies in the...
Flexi Group
Jan 17, 20242 min read
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Cyprus Eases Fines for UBO Registration: Companies Can Now Register Without Immediate Payment
In a significant policy reversal, Cyprus has opted to ease fines imposed on companies for failing to register their ultimate beneficial...
Flexi Group
Jan 15, 20242 min read
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Leaked Documents Reveal Roman Abramovich's $63 Million Investments in European Start-ups Through Venture Capital Firm Target Global
Russian billionaire Roman Abramovich has reportedly invested $63 million in European start-ups through London-based venture capital firm...
Flexi Group
Jan 12, 20242 min read
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Cypriot Banks Maintain Steady Loan Growth, Surpassing €3 Billion in 2023
Cypriot banks have demonstrated resilience in loan provision throughout 2023, exceeding €3 billion in total net new loans by November...
Flexi Group
Jan 11, 20242 min read
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Coinbase Charts Strategic Expansion in Europe with Acquisition and Regulatory Compliance Initiatives
Coinbase, a prominent player in the cryptocurrency market, revealed its strategic move yesterday, announcing plans to acquire a...
Flexi Group
Jan 10, 20241 min read
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Finance Minister Makis Keravnos has confirmed a 2.44% increase in the Cost of Living Allowance (CoLA)
In a recent announcement, Finance Minister Makis Keravnos has confirmed a 2.44% increase in the Cost of Living Allowance (CoLA) for...
Flexi Group
Jan 8, 20242 min read
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Urgent International Action Needed to Address Houthi Attacks Threatening Global Supply Chain, Says Cyprus Shipping Chamber
The Director General of the Cyprus Shipping Chamber, Thomas Kazakos, has issued a call for urgent international intervention to address...
Flexi Group
Jan 5, 20242 min read
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Credit Rating Agencies Confirm Evaluation Dates for Cyprus Amid Positive Trajectory
International credit rating agencies have revealed the scheduled dates for announcing their assessments of Cyprus' economic outlook in...
Flexi Group
Jan 4, 20242 min read
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Cyprus Banking Sector Thrives: Surge in Deposits and Shifting Loan Trends Revealed in Central Bank Report
Cyprus experienced a notable upswing in both deposits and loans within its banking sector during November 2023, as revealed by the latest...
Flexi Group
Jan 3, 20242 min read
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Finance Minister Makis Keravnos Charts Path to Economic Resilience and Growth in 2024
In an insightful article featured in Economy Today, Finance Minister Makis Keravnos takes stock of the departing year and outlines the...
Flexi Group
Dec 29, 20232 min read
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Cyprus Aims to Strengthen Its Position as a Leading Maritime Hub in 2024
Cyprus is set to strengthen its position as a prominent international maritime center in the coming year, according to Deputy Minister of...
Flexi Group
Dec 28, 20231 min read
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Cyprus and the Global Landscape: A Deep Dive into Challenges, Opportunities, and Adaptive Strategies from 2023 to 2024
In the transformative and often tumultuous landscape that defined the year 2023, the global economic and sociopolitical spheres bore...
Flexi Group
Dec 27, 20234 min read
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Greece's Golden Visa Program: A Global Magnet Amidst Soaring Applications and Local Concerns
Greece's Golden Visa program has achieved global prominence, recording a remarkable 7,752 applications by the close of November this...
Flexi Group
Dec 27, 20232 min read
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In its Autumn 2023 report on Cyprus' economic outlook, the European Commission has presented a nuanced analysis of the country's post-pandemic recovery.
The report, based on the 15th post-programme surveillance mission conducted in late September 2023, indicates that Cyprus, despite...
Flexi Group
Dec 22, 20232 min read
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The Cabinet of Ministers in Cyprus has given its nod to the National Maritime Spatial Plan
In a landmark decision, the Cabinet of Ministers in Cyprus has given its nod to the National Maritime Spatial Plan, marking a pivotal...
Flexi Group
Dec 21, 20232 min read
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Kedipes, the state-owned asset management company, has recently entered into an agreement with the Bank of Cyprus
Kedipes, the state-owned asset management company, has recently entered into an agreement with the Bank of Cyprus (BoC) for the sale of a...
Flexi Group
Dec 20, 20231 min read
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