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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...
Jun 17, 20252 min read


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...
Jun 13, 20252 min read


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...
Jun 12, 20255 min read


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...
Jun 11, 20254 min read


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...
Jun 5, 20253 min read


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...
May 30, 20253 min read


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...
May 29, 20252 min read


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...
May 29, 20252 min read


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...
May 28, 20252 min read


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...
May 26, 20253 min read


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...
May 22, 20253 min read


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...
May 22, 20251 min read


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. ...
May 19, 20252 min read


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...
May 14, 20252 min read


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...
May 13, 20253 min read


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...
May 9, 20253 min read


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,...
May 8, 20253 min read


UBS and Credit Suisse Settle U.S. Tax Fraud Case for $511 Million, Exposing Major Compliance Failures
Credit Suisse and its parent company UBS have agreed to pay a combined $511 million to settle a major U.S. tax fraud case, the Department...
May 7, 20253 min read


Visa and Bridge Launch Stablecoin-Linked Cards Across Latin America
Visa is teaming up with stablecoin infrastructure provider Bridge to roll out a new product that will allow consumers to use stablecoins...
May 6, 20252 min read


TPB Pursues Five Ongoing PwC Probes Following Conviction of Unregistered Tax Preparer Jessa Dabalos
Despite the conviction of Perth-based tax preparer Jessa Dabalos, the Tax Practitioners’ Board (TPB) has confirmed that it is continuing...
Apr 30, 20252 min read
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