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Cyprus Forecasts Robust Economic Growth for 2023 Despite Global Uncertainties
Cyprus is poised to maintain strong economic growth in 2023, even in the face of global uncertainties, according to an analysis by...
Flexi Group
Sep 21, 20232 min read
866 views
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TechIsland Hosts Workshop on Attracting Foreign Tech Companies in Cyprus
TechIsland, Cyprus's prominent tech business association, marked a significant achievement with the conclusion of the "Building Tech...
Flexi Group
Sep 20, 20232 min read
296 views
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Cyprus to Launch "Photovoltaics for All" Plan to Promote Solar Energy
Cyprus is set to introduce a new initiative called the "photovoltaics for all" plan in the coming two months, aimed at encouraging the...
Flexi Group
Sep 19, 20231 min read
394 views
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Supreme Court Releases Over 5.3 Billion Euros in Assets of Former Marfin Laiki Bank Directors
In a recent landmark decision dated September 13, 2023, the Supreme Court has ordered the release of assets totaling more than 5.3...
Flexi Group
Sep 19, 20232 min read
971 views
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Cyprus Golden Passport Scandal: Trial of Four Accused to Commence in October
The trial of four individuals accused of facilitating the acquisition of Cypriot Golden Passports for foreign nationals in exchange for...
Flexi Group
Sep 19, 20232 min read
842 views
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Deputy Minister Urges Cyprus Excellence Centers to Leverage Research for Funding
During a session of the House Committee on Commerce, the Deputy Minister of Innovation, Research, and Digital Policy, Philippos...
Flexi Group
Sep 15, 20232 min read
1,212 views
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Limassol Real Estate Sales Surge to Nearly Half a Billion Euros in Q2 2023
A report released by Cypriot firm Ask Wire has revealed that real estate sales in Limassol reached a total value of nearly half a billion...
Flexi Group
Sep 13, 20232 min read
735 views
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Cyprus Borrowers Association Highlights Concerns Over Non-Performing Loans Resolution
The Cyprus Borrowers Association (Syprodat) has expressed concerns over the resolution of non-performing loans (NPLs) in Cyprus. Syprodat...
Flexi Group
Sep 8, 20232 min read
340 views
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Cyprus Sees Modest Recovery in Net New Loans Amid Rising Borrowing Costs
In July 2023, Cyprus witnessed a modest recovery in net new loans, reaching €300.5 million, up from €240 million in the previous month....
Flexi Group
Sep 4, 20232 min read
290 views
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Hellenic Bank Posts Strong First Half Profits Amid Challenging Environment
Hellenic Bank, a prominent financial institution in Cyprus, has announced a robust profit of €160.2 million for the first half of 2023....
Flexi Group
Sep 1, 20233 min read
1,090 views
0 comments


Cypriot Passport Climbs Global Ranking, Offering Access to 180 Countries
The Cypriot passport has surged in global rankings, securing its position among the most influential passports in the world. With...
Flexi Group
Sep 1, 20231 min read
639 views
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Association of Cyprus Banks Clashes with Finance Minister Over Interest Rates and Taxes
The Association of Cyprus Banks is at odds with Finance Minister Makis Keravnos over his stance on the cost of higher interest rates and...
Flexi Group
Aug 31, 20233 min read
172 views
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Cyprus' Transportation Sector Sees Strong 17.3% Growth, Led by Air Transport
Cyprus' transportation and storage sector has witnessed a substantial surge of 17.3% during the second quarter of 2023 in comparison to...
Flexi Group
Aug 24, 20232 min read
343 views
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Greece: A Rising Star in Emerging Market Investments, Backed by Economic Reforms and Robust Growth
In a recent development, Marshall Stocker, co-head of emerging markets at Morgan Stanley, has spotlighted Greece as an increasingly...
Flexi Group
Aug 21, 20234 min read
590 views
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Cyprus Trade Deficit Widens in First Half of 2023 Despite Import Decrease
The trade deficit for the first half of 2023 in Cyprus has surged by approximately €574 million compared to the same period last year, as...
Flexi Group
Aug 11, 20232 min read
1,683 views
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Electrical Interconnections Vital for Climate Neutrality, says CERA Chairman
Andreas Poullikkas, the Chairman of the Cyprus Energy Regulatory Authority (CERA), underscores the pivotal significance of electrical...
Flexi Group
Aug 9, 20233 min read
249 views
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Cyprus' Collective Investments Reach €10.7 Billion in Managed Assets
Cyprus has achieved a significant milestone in its financial landscape, with collective investments reaching an impressive €10.7 billion...
Flexi Group
Aug 4, 20232 min read
1,119 views
0 comments


Cyprus Records Surge in Deposits and Loans in June 2023
Deposits in the Cypriot banking system witnessed a notable surge in June 2023, reaching a total of €52.3 billion, marking the second...
Flexi Group
Aug 1, 20232 min read
718 views
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Fitch Ratings: Cypriot Banks' Asset Quality to Remain Stable in 2023
According to Fitch Ratings, the stable quality of Cypriot banks' assets in the second half of 2023 will be supported by positive...
Flexi Group
Jul 24, 20232 min read
228 views
0 comments


Greece Raises €3.5 Billion in Successful 15-Year Bond Issue
Greece has achieved a successful return to the capital markets with its completion of a 15-year syndicated bond issue, raising €3.5...
Flexi Group
Jul 24, 20232 min read
96 views
0 comments
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