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Cyprus Among EU’s Lowest for Renewable Energy Share in Early 2025, Eurostat Reports
Cyprus continues to lag behind most of its European Union counterparts in renewable energy production, placing fourth lowest among all...
Flexi Group
Jun 232 min read
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CSE Lists €25 Million in New 13-Week Government Treasury Bills Following June Auction
The Cyprus Stock Exchange (CSE) on Tuesday announced the listing of a new series of government treasury bills with a total nominal value...
Flexi Group
Jun 191 min read
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Wall Street Dips as Middle East Conflict Deepens and G7 Talks Falter; Investors Brace for Central Bank Decisions
Wall Street opened slightly lower on Tuesday as geopolitical tensions in the Middle East intensified and G7 discussions failed to produce...
Flexi Group
Jun 184 min read
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Cyprus and India Stock Exchanges Deepen Ties with New Investment and Listing Initiatives
The Cyprus Stock Exchange (CSE) and the National Stock Exchange of India (NSE) are moving forward with plans to strengthen cooperation...
Flexi Group
Jun 172 min read
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Eurobank Finalizes Full Acquisition of Hellenic Bank; Rebranding to Follow
Eurobank S.A., a subsidiary of Eurobank Ergasias Services and Holdings S.A., has officially completed its acquisition of 100% of Hellenic...
Flexi Group
Jun 132 min read
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Cyprus’ Banking Sector Emerges Stronger Post-Crisis, but Regulatory Shift Needed Across EU
The Cypriot banking system has significantly strengthened since the 2013 financial crisis, becoming more resilient, internationally...
Flexi Group
Jun 125 min read
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World Bank Cuts 2025 Global Growth Forecast, Citing Trade Tensions and Uncertainty
The World Bank has revised its global economic growth forecast for 2025 downward by 0.4 percentage point to 2.3 per cent, warning that...
Flexi Group
Jun 114 min read
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Dollar Trades Softly as Economic Jitters and ECB Rate Cut Weigh on Sentiment
The U.S. dollar held steady in quiet trading on Thursday, subdued by weak economic data that reignited fears of stagnant growth and...
Flexi Group
Jun 53 min read
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Thailand Moves to Embrace Crypto for Tourists Amid Sweeping Financial Overhaul
Thailand is taking decisive steps toward modernising its financial landscape with a bold new initiative: enabling tourists to spend...
Flexi Group
May 303 min read
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UniCredit Strikes Derivatives Deal to Nearly Double Stake in Alpha Bank
UniCredit has taken a decisive step toward significantly boosting its ownership in Greece’s Alpha Bank, revealing on Wednesday that it...
Flexi Group
May 292 min read
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Bunq Integrates Bizum to Bolster Spanish Market Presence Amid Expansion and Crypto Push
Dutch neobank bunq has taken another step in cementing its presence in the Spanish market with the integration of Bizum into its...
Flexi Group
May 292 min read
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S&P Says Israel's Credit Rating Stalled by Gaza War, Could Face Downgrade if Conflict Escalates to Iran
Israel’s sovereign credit rating is unlikely to see an upgrade until the ongoing conflict in Gaza reaches a conclusion, according to...
Flexi Group
May 282 min read
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Fitch Affirms Cyprus’ ‘A-’ Rating with Stable Outlook Amid Strong Fiscal Performance and Geopolitical Headwinds
International credit rating agency Fitch has affirmed Cyprus’ long-term foreign currency rating at ‘A-’ with a stable outlook, citing a...
Flexi Group
May 263 min read
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Weak US Economic Prospects Persist Despite Temporary Trade Truce with China
Despite a brief reprieve in trade tensions between the United States and China, the broader outlook for the US economy remains...
Flexi Group
May 223 min read
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Cyprus Saving Rate to Reach 11% in 2025 Amid Broader EU Stabilisation, Commission Forecasts
The household saving rate in Cyprus is forecast to increase to 11% in 2025, according to the European Commission’s Spring 2025 Economic...
Flexi Group
May 221 min read
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Crypto Markets Dip as Moody’s Downgrades U.S. Credit Rating to Aa1, Triggering Risk-Off Mood
Major cryptocurrencies fell on Saturday as investors reacted to Moody’s Ratings’ decision to downgrade the U.S. sovereign credit rating. ...
Flexi Group
May 192 min read
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German Economist Criticises Finnish Finance Ministry Over Misuse of Tax Cut Data
The Finnish Ministry of Finance is under scrutiny after a German economics professor expressed frustration over how his research was...
Flexi Group
May 142 min read
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CBDT Sets Ambitious Targets for Dispute Resolution, Revenue Collection in 2025–26 Action Plan
India’s Central Board of Direct Taxes (CBDT) has issued its Central Action Plan for the financial year 2025–26, laying out an expansive...
Flexi Group
May 133 min read
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Greek Investors Shift Focus to Tech Stocks and ETFs Amid Tesla Decline and Rising Financial Awareness
Investment trends among Greek users of the fintech app Plum, which also maintains operations in Cyprus, have taken a noticeable turn in...
Flexi Group
May 93 min read
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Cyprus Urged to Maintain Fiscal Discipline Amid Rising Global Risks, Economic Council Warns
The Cyprus Economy and Competitiveness Council has issued a strong warning against the expansion of inflexible public spending,...
Flexi Group
May 83 min read
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