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...
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Flexi Group
Jan 52 min read
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...
970 views0 comments
Flexi Group
Jan 42 min read
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...
331 views0 comments
Flexi Group
Jan 32 min read
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...
316 views0 comments
Flexi Group
Dec 29, 20232 min read
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...
401 views0 comments
Flexi Group
Dec 28, 20231 min read
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...
329 views0 comments
Flexi Group
Dec 27, 20234 min read
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...
338 views0 comments
Flexi Group
Dec 27, 20232 min read
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...
672 views0 comments
Flexi Group
Dec 22, 20232 min read
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...
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Flexi Group
Dec 21, 20232 min read
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...
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Flexi Group
Dec 20, 20231 min read
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...
309 views0 comments
Flexi Group
Dec 19, 20232 min read
Hellenic Bank Forum: Navigating Geopolitical Uncertainties and Unveiling Trends in Wealth and Invest
Hellenic Bank made headlines this week as its wealth and investment services division took a proactive approach to understanding the...
279 views0 comments
Flexi Group
Dec 15, 20232 min read
The Enigmatic Figure in Tom Cruise's Love Life and Cyprus' 'Golden Passport' Controversy
In the past twenty-four hours, the name Elsina Khairova has become the focal point of showbiz circles globally. The Daily Mail's Monday...
1,145 views0 comments
Flexi Group
Dec 13, 20232 min read
Cyprus Trade Dynamics: Surging Imports Drive Deficit Amidst October Export Decline
Cyprus has experienced a significant upswing in imports during the period from January to October 2023, registering a notable increase of...
316 views0 comments
Flexi Group
Dec 13, 20232 min read
US Broadens Sanctions Against Russia, Targets Cyprus-Based Entities and Global Networks
In a significant escalation of measures against Russia, the US Office of Foreign Assets Control (OFAC) expanded its sanctions list late...
626 views0 comments
Flexi Group
Dec 12, 20232 min read
Cyprus and France Ratify Updated Double Tax Treaty to Combat Double Taxation and Tax Avoidance
The Ministry of Finance announced on Monday that the Republic of Cyprus and France have ratified an updated double tax treaty, aimed at...
588 views0 comments
Flexi Group
Dec 11, 20231 min read
Digital Integration Surges Among Cypriot Businesses
An impressive 79.9% of businesses in Cyprus with 10 or more employees have incorporated social media networks into their operational...
297 views0 comments
Flexi Group
Dec 11, 20233 min read
Greece Plans Visa-on-Arrival Program for Turkish Travelers in Bid to Improve Relations
In an effort to mend strained ties with Turkey, Greek authorities are in the process of establishing a one-year visa-on-arrival program...
301 views0 comments
Flexi Group
Dec 11, 20232 min read
Fitch Ratings Confirms Positive Outlook for Republic of Cyprus
In a significant development, Fitch Ratings has revised the economic outlook for the Republic of Cyprus from stable to positive, while...
691 views0 comments
Flexi Group
Dec 7, 20232 min read
Cyprus Construction Sector Analysis: Permit Trends Unveil Complex Dynamics and Economic Shifts
During the period from January to September 2023, Cyprus experienced a multifaceted scenario in its construction sector, as revealed by...
285 views0 comments
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