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Countries are gradually blocking access to companies'Â beneficial ownership information
Several countries have already blocked public access to their Registers of Beneficial Ownership. What are Cyprus' next steps? Following...
Flexi Group
Nov 28, 20222 min read
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Cyprus can benefit from previous mining activity
Demetrios Constantinides, a board member of the Cypriot mining business Venus Minerals and an economic geologist, stated earlier this...
Flexi Group
Nov 24, 20222 min read
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CySEC warns investors about impersonation of personnel and phoney websites
The Cyprus Securities and Exchange Commission ("CySEC") has issued a warning to investors regarding impersonation of its officers and...
Flexi Group
Nov 23, 20222 min read
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Cyprus' trade deficit shows a EUR 1.5 billion increase
According to a report released on Monday by the Cyprus Statistical Service, Cyprus' trade deficit was €5.12 billion at the end of the...
Flexi Group
Nov 22, 20221 min read
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Cyprus Consumers' Association advises public on Black Friday sales
In a statement on the approaching Black Friday sale, the Cyprus Consumers' Association urged customers to undertake careful market...
Flexi Group
Nov 22, 20222 min read
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Greece projects a 1.8% growth rate in the budget for 2023
Greece presented its 2023 budget to Parliament, which estimates for growth to slow to 1.8% from an anticipated 5.6% this year. The budget...
Flexi Group
Nov 22, 20222 min read
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Police discover probable crimes involving cooperative loans
In addition to cases involving dubious loan write-offs, police have found several cases in which possible criminal offenses may have been...
Flexi Group
Nov 18, 20222 min read
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IAPR audits for unreported Airbnb income... and steep fines
IAPR is stepping up its efforts to "combing" short-term rental income as the company's turnover for 2022 will approach 1.9 billion euros,...
Flexi Group
Nov 18, 20222 min read
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ASBIS invests €800K in a Cypriot biotech to fuel expansion and develop collagen health products
Promed Bioscience is one of the most promising biotechnology businesses in Cyprus at present. They manufacture collagen-based...
Flexi Group
Nov 16, 20222 min read
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Cyprus renewable energy receives funds to construct an intelligent photovoltaic platform
The globe is transitioning to renewable energy sources, such as photovoltaics (PV), in an effort to mitigate climate change and...
Flexi Group
Nov 15, 20223 min read
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J.P. Morgan Increases Presence in Athens
J.P. Morgan, a major US investment bank, revealed on Friday that a new office for a Payments Innovation Lab would be opened in Athens,...
Flexi Group
Nov 14, 20222 min read
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Digital tools and the Pos interface with Taxis are the IAPR's new weapons against tax evasion
Starting in the new year, cash registers and point-of-sale terminals will be "one flesh," storing all data in real time and permitting...
Flexi Group
Nov 14, 20223 min read
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Cyprus will start charging Russians for the issuance of Tourist Visas as of December 1st
Russian citizens applying for tourist visas will no longer be subject to easier procedures, according to Cypriot authorities. Beginning...
Flexi Group
Nov 10, 20222 min read
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Accountants in Cyprus leave PwC to keep clients with ties to Russia
To accept business from clients with Russian ties which the Big Four accounting firms are no longer considering, a group of PwC partners...
Flexi Group
Nov 8, 20223 min read
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9 Defendants in the First Cyprus Golden Passports Trial are Cleared of All Charges
The Larnaca Criminal Court reportedly cleared nine individuals in the first case involving the Cyprus Citizenship by Investment...
Flexi Group
Nov 8, 20222 min read
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Cyprus seeks investment from the Gulf
Through a visit to Kuwait, the national investment agency Invest Cyprus reported on Friday that it had made a number of connections and...
Flexi Group
Nov 7, 20222 min read
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Europe will run out of natural gas in 2023, with catastrophic results
The International Energy Agency has issued a dire warning that Europe would run out of natural gas in 2023, with catastrophic...
Flexi Group
Nov 4, 20225 min read
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Greece's excessive inflation is revised for the 4th time to 10%—a negative surprise in 2023
According to some economists, the average inflation rate in 2023 will hover between 5% and 5.5% On the day of the fiesta with the...
Flexi Group
Nov 2, 20222 min read
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In 2022, more than 9,000 international corporate employees sought relocation to Cyprus
A successful government initiative to attract foreign expertise and digital nomads. Since the government's plan for luring firms and...
Flexi Group
Nov 2, 20223 min read
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MEPs in Cyprus on Predator spying mission
On Monday, the European Parliament revealed that a delegation of MEPs will investigate the development and usage of spyware in the member...
Flexi Group
Nov 1, 20222 min read
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