Cy & Gr News

National Bank of Greece (NBG) will cancel 11,580,849 treasury shares acquired under its share buyback programme, representing 1.27% of its share capital, as the bank continues a separate tranche of purchases on the Athens Stock Exchange. The shares scheduled for cancellation on 17 September 2026 were acquired between 4 June 2025 and 27 March 2026 under a buyback programme approved by NBG shareholders. The bank paid a weighted average price of €12.6171 per share, bringing the

Alpha Bank has purchased 3,152,886 of its own shares for a total consideration of approximately €14.87 million as part of its ongoing share buyback programme. The purchases were carried out on Euronext Athens between 7 and 9 September 2026, with the bank paying an average price of €4.7160 per share. The buyback programme was approved by Alpha Bank shareholders at the bank’s Annual General Meeting on 26 June 2026 and was subsequently put into effect on 31 July. The largest ind

Cyprus is intensifying efforts to position itself as a European and regional centre for investment, technology, energy, transport and trade, with President Nikos Christodoulides saying that substantive foreign direct investment (FDI) increased by approximately 10 per cent in 2025 compared with the previous year. Speaking on Wednesday at the EY Cyprus Future Realised Forum in Nicosia, Christodoulides said the rise in investment activity was reinforcing confidence in the countr

Cyprus-regulated businesses are being encouraged to participate in a European consultation that could significantly change how money laundering and terrorist financing risks are assessed across the European Union. The Cyprus Securities and Exchange Commission has urged regulated entities to engage with the Anti-Money Laundering Authority on draft Regulatory Technical Standards designed to establish a common methodology for assessing the money laundering and terrorist financin

Industrial prices in Cyprus accelerated significantly in July, with the overall Industrial Output Price Index increasing by 4.4% compared with the same month a year earlier, according to the latest official data. The index reached 128.2 points in July, based on 2021 as the reference year, following a 2% increase compared with June. The latest figures indicate that price pressures within the industrial economy strengthened considerably during the summer, with energy costs play

Cyprus is continuing to record strong economic growth, with the country's performance remaining well ahead of the European average despite a more challenging external environment and increasing uncertainty across regional markets. The latest figures indicate that real GDP expanded by 3.3% year-on-year in the second quarter of 2026, following growth of 3.0% in the first quarter. The second-quarter result was more than three times the growth recorded across the euro area, highl

Cyprus is rapidly establishing itself as one of the world's most significant video game development hubs relative to its population, with the industry generating billions of euros in annual revenue and attracting hundreds of international companies to the island. The scale of the sector has become increasingly visible following the publication of the first comprehensive industry assessment of Cyprus's video game market. The figures indicate that what was once a relatively sma

National Bank of Greece announced this week that it had repurchased 727,285 of its own common shares traded on Euronext Athens between August 10 and August 17, 2026. The shares were acquired at a weighted average price of €16.3083 each, bringing the total value of the latest transactions to €11,860,757.13. The share buybacks were carried out in line with decisions approved at the bank’s annual general meeting of shareholders on April 30, 2026, and following the subsequent ann