The Cyprus Stock Exchange (CSE) has announced its intention to proceed with the delisting of European Medium-Term Notes (EMTN) after the securities reached maturity and were fully repaid. The decision, according to the CSE, follows an official request made by the Ministry of Finance. The notes in question are the European Medium-Term Notes with an expiry date in 2025, carrying an interest rate of 4.25 per cent and identified by the code EMTN1125. The exchange confirmed that t

In a landmark reform of its corporate tax framework, the Maltese government officially enacted the Final Income Tax Without Imputation Regulations on September 2, 2025, introducing a 15% elective final tax on company profits. The move marks one of the most significant overhauls of Malta’s business taxation system in recent years, offering what the government describes as a simpler and more transparent alternative to the long-standing imputation and refund model. From 35% to a

President Donald Trump hailed his meeting with Chinese President Xi Jinping in South Korea as a major breakthrough, announcing that he would cut tariffs on China while Beijing had agreed to resume exports of rare earth elements and purchase American soybeans. Speaking to reporters aboard Air Force One, Trump said the U.S. would lower tariffs imposed earlier this year as a penalty for China’s sale of chemicals used to produce fentanyl—from 20% to 10%. The move effectively redu

Bank of America (BofA) Securities reaffirmed its optimistic stance on the Greek banking sector this week, highlighting that the industry is currently undergoing a transitional period as markets focus on the trough for net interest income and the emergence of a new merger and acquisition (M&A) cycle. Despite projections of a 19 per cent quarterly decline in net profits for the third quarter, BofA emphasized that investors are likely to concentrate on the medium-term outlook an

Gold markets have entered a turbulent phase, attempting to rebound after suffering one of their steepest declines in a decade. Analysts maintain that the long-term outlook for the precious metal remains positive—driven by ongoing central bank purchases and persistent global uncertainty—but warn that investors should remain cautious in the near term, as prices could continue to fluctuate before finding stability. October 21 has already been dubbed “Black Tuesday” for gold, whi

Greece is rapidly emerging as one of the world’s most desirable destinations for the wealthy, placing itself firmly within the top 10 choices for high-net-worth individuals amid what economists are calling the “Great Millionaire Migration.” Each year, thousands of affluent individuals relocate across borders, bringing with them not only immense personal fortunes but also business operations, family offices, and cultural influence. Experts describe this global trend as a trans

Government debt as a percentage of gross domestic product (GDP) increased across both the euro area and the wider European Union (EU) at the close of the second quarter of 2025, according to a report released by Eurostat on Tuesday. The statistical office highlighted, however, that Cyprus recorded one of the most notable decreases over the year. For the 20-nation euro area (EA20), the general government gross debt to GDP ratio reached 88.2 per cent at the end of Q2 2025, risi

Autonomous Research has issued a more cautious outlook on Greek bank stocks, warning that much of the sector’s optimism has already been reflected in current valuations. The independent research and analysis firm noted that, while fundamentals remain strong, the rally that lifted the country’s banking sector through 2024 and 2025 appears to be entering a mature phase. Following a recent field visit to Athens, the firm concluded that “the Greek banking story has entered a phas

Significant changes have emerged in the latest update of the Henley Passport Index for 2025, which evaluates 199 passports based on International Air Transport Association (IATA) data, ranking them according to the number of destinations accessible without a visa. According to the most recent figures, the United States passport, once a dominant force in global mobility and a fixture among the top ranks for two decades, has now fallen to 12th place. Meanwhile, the Greek passpo

China’s economic growth decelerated in the three months leading up to the end of September, as trade tensions with the United States once again flared up. Official figures released on Monday show that the world’s second-largest economy expanded by 4.8% compared to the same period in 2024 — marking its weakest pace in a year. The slowdown comes in the wake of Beijing’s decision to impose sweeping controls on its exports of rare earths, minerals critical to global electronics p

Cyprus and the United Arab Emirates have reaffirmed their shared commitment to deepening bilateral economic relations and advancing investment cooperation during a high-level meeting in Dubai on Wednesday. The discussions took place between Cyprus’ Minister of Energy, George Papanastasiou, and the UAE Minister of Economy, Abdulla bin Touq Al Marri, underscoring both nations’ intent to strengthen ties across trade, energy, and innovation. According to the Cyprus Ministry of En

The International Monetary Fund (IMF) has revised upward its economic growth outlook for Cyprus, projecting stronger performance over the next two years while anticipating a sharp decline in inflation. In its October World Economic Outlook, the IMF forecast that Cyprus’s GDP will expand by 2.9 per cent in 2025 and 2.8 per cent in 2026, marking an improvement from April’s estimates of 2.5 per cent and 2.7 per cent respectively. The latest figures indicate a more optimistic ass

Eurobank Limited announced on Friday the successful completion of the merger of its Cypriot insurance subsidiaries, marking a significant...

Cyprus’ long-anticipated tax reform is entering its final stages, with the relevant legal bills expected to be completed within the next...

China has strengthened its controls on the export of rare earth elements, critical components in a wide range of high-tech products. The...

Cyprus and Qatar have signed a memorandum of understanding (MoU) aimed at deepening their partnership in maritime affairs, covering key...

From the market turbulence at the start of the year to the explosive summer rally fueled by institutional investments, ETFs, and...

Alpha Bank has intensified its share repurchase activity while simultaneously rewarding investors with a significant interim dividend for...

Global financial messaging giant SWIFT, together with more than 30 leading international banks, announced this week that they are now...

The preferred method for submitting bids in all types of privatisations should be open, transparent, and accessible to all potential...