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...
top of page
.png)
.png)
Search
Flexi Group
Mar 12 min read
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,...
1,343 views0 comments
Flexi Group
Feb 292 min read
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...
467 views0 comments
Flexi Group
Feb 271 min read
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...
331 views0 comments
Flexi Group
Feb 232 min read
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...
847 views0 comments
Flexi Group
Feb 232 min read
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...
847 views0 comments
Flexi Group
Feb 192 min read
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...
342 views0 comments
Flexi Group
Feb 162 min read
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...
598 views0 comments
Flexi Group
Feb 83 min read
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...
741 views0 comments
Flexi Group
Feb 62 min read
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...
305 views0 comments
Flexi Group
Feb 52 min read
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...
286 views0 comments
Flexi Group
Feb 12 min read
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...
473 views0 comments
Flexi Group
Jan 262 min read
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...
2,093 views0 comments
Flexi Group
Jan 181 min read
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...
107 views0 comments
Flexi Group
Jan 171 min read
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...
331 views0 comments
Flexi Group
Jan 172 min read
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...
604 views0 comments
Flexi Group
Jan 152 min read
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...
559 views0 comments
Flexi Group
Jan 122 min read
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...
408 views0 comments
Flexi Group
Jan 112 min read
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...
348 views0 comments
Flexi Group
Jan 101 min read
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...
580 views0 comments
bottom of page