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Eurobank Completes Merger of Cypriot Insurance Subsidiaries, Strengthening Market Presence
Eurobank Limited announced on Friday the successful completion of the merger of its Cypriot insurance subsidiaries, marking a significant...
Flexi Group
Oct 132 min read


Cyprus Tax Reform Bills Near Completion as Keravnos Confirms Possible Final Adjustments
Cyprus’ long-anticipated tax reform is entering its final stages, with the relevant legal bills expected to be completed within the next...
Flexi Group
Oct 104 min read


Cyprus and Qatar Seal Maritime Cooperation Agreement at Limassol Conference
Cyprus and Qatar have signed a memorandum of understanding (MoU) aimed at deepening their partnership in maritime affairs, covering key...
Flexi Group
Oct 82 min read


CySEC Urges Regulated Firms to Review Mokas Report on Money Laundering Risks
The Cyprus Securities and Exchange Commission (CySEC) has called on all regulated entities to carefully review the latest strategic...
Flexi Group
Oct 72 min read


Alpha Bank Advances Buyback Programme and Declares Interim Dividend
Alpha Bank has intensified its share repurchase activity while simultaneously rewarding investors with a significant interim dividend for...
Flexi Group
Oct 32 min read


Privatisation Bids Must Remain Open and Transparent, Says State Aid Commissioner
The preferred method for submitting bids in all types of privatisations should be open, transparent, and accessible to all potential...
Flexi Group
Sep 303 min read


Cyprus Regulator Fines Bank of Cyprus and Eurobank for Unfair Mortgage Terms
The Consumer Protection Service announced on Tuesday that it has levied significant administrative fines on the Bank of Cyprus and...
Flexi Group
Sep 292 min read


Cyprus Deposits Climb €44.3 Million in August as Loans Slip by €60.8 Million
Bank deposits in Cyprus recorded a net increase of €44.3 million in August, according to the latest deposit and loan statistics released...
Flexi Group
Sep 261 min read


Cyprus Central Bank Projects Growth, Lower Unemployment, and Declining Inflation for 2025
The Central Bank of Cyprus (CBC) on Tuesday released its September 2025 macroeconomic projections, forecasting steady growth for the...
Flexi Group
Sep 254 min read


CySEC Issues Fines, Bans, and Authorisation Withdrawal in Series of Enforcement Actions
The Cyprus Securities and Exchange Commission (CySEC) has taken a series of enforcement decisions in recent weeks, issuing fines,...
Flexi Group
Sep 242 min read


DBRS Upgrades Cyprus’ Credit Rating to ‘A’ Amid Sharp Debt Reduction and Strong Fiscal Outlook
DBRS Morningstar has upgraded the long-term foreign and local currency ratings of the Republic of Cyprus from A (low) to “A,” while...
Flexi Group
Sep 225 min read


Cyprus Opens Consultation on Draft Bill to Modernise Merger Rules
Cyprus has unveiled a public consultation on a draft bill designed to update and reinforce the country’s framework for mergers and...
Flexi Group
Sep 191 min read


Cyprus Shipping Chamber Voices Concerns Over Draft Law on Sustainable Fuels
The Cyprus Shipping Chamber (CSC) has expressed its reservations about a proposed piece of legislation that aims to toughen the rules on...
Flexi Group
Sep 174 min read


CySEC Orders Liquidation of Fund and Suspends Shareholder Rights at Octa Markets Cyprus
The Cyprus Securities and Exchange Commission (CySEC) has announced the dissolution and liquidation of Wanterfell Investment AIFLNP...
Flexi Group
Sep 51 min read


Anti-Money Laundering Authority in Greece Uncovers Black Money “Washing” Through Legal Betting Firms
The president of the Anti-Money Laundering Authority, former deputy prosecutor of the Supreme Court Charalambos Vourliotis, has moved to...
Flexi Group
Sep 42 min read


Cyprus Public Debt on Track to Fall Below 50% of GDP by End-2025, Says Finance Minister
Cyprus’ public debt is projected to fall to nearly 50 per cent of GDP by the close of 2025, significantly earlier than the initial target...
Flexi Group
Aug 293 min read


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
Aug 191 min read


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
Aug 193 min read


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


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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