Cyprus has the potential to become a global tourism and entertainment destination
Melco Cyprus is fully aware of the role it can play in assisting the development of the island's tourism industry and will ensure that...
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Flexi Group
Mar 6, 20231 min read
In January, deposits and loans in the Cypriot banking system dropped
According to a study released this week by the Central Bank of Cyprus, deposits and loans in Cyprus fell net in January 2023. (CBC)....
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Flexi Group
Mar 3, 20232 min read
Cyprus is one of the top 10 retirement destinations in the world
According to a research released on Wednesday by one of the UK's major life insurance brokers, Reassured, Cyprus is among the top ten...
601 views0 comments
Flexi Group
Feb 23, 20233 min read
EU extends deadline for amending property taxation
On Monday, lawmakers revisited the issue of decreased VAT on properties, with some attempting to instill a feeling of urgency as the...
366 views0 comments
Flexi Group
Feb 15, 20232 min read
An Israeli sports technology firm has expanded to Cyprus
The choice of i-BrainTech is considered as a statement of confidence in Cyprus. The Israeli sports technology business i-BrainTech, a...
322 views0 comments
Flexi Group
Feb 14, 20233 min read
Frequently Asked Questions on the Transfer Pricing Documentation Rules published
On 10 February 2023, the Cyprus Tax Department (CTD) added a new section to its website titled "Frequently Asked Questions" (FAQs)...
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Flexi Group
Feb 14, 20234 min read
Cyprus's economy is anticipated to slow down in the face of tough external conditions
According to the European Commission's preliminary winter economic forecasts for 2023, delivered by Economy Commissioner Paolo Gentiloni...
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Flexi Group
Feb 13, 20232 min read
Greece will begin accepting Schengen visa applications in Libya's Benghazi
The Greek consulate in the Libyan city of Benghazi will begin accepting Schengen visa applications on February 12, according to...
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Flexi Group
Feb 9, 20231 min read
Limassol port is on its way to become a regional hub; 200 cruise ships are expected
DP World Limassol, the port management company, reported on Wednesday that it had one of its finest years since taking over as operator...
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Flexi Group
Feb 3, 20231 min read
Cyprus's loan rates are still rising.
In December 2022, Cyprus' lending rates increased once more, and deposit rates increased as well with the ECB's normalization of key...
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Flexi Group
Feb 2, 20232 min read
Cyprus's banking sector solvency index has reached 21.2%
The overall solvency ratio of the Cypriot banking industry was 21.2 percent at the end of September 2022, the highest level since data...
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Flexi Group
Jan 31, 20232 min read
EU Funding For Infrastructure Upgrades In Four Greek Ports
EU funding has been secured for the implementation of important infrastructure enhancements at four Greek ports. According to AMNA, a...
312 views0 comments
Flexi Group
Jan 31, 20233 min read
New Rules & Changes for the Greece Golden Visa
Greek Golden Visa applicants can qualify for a minimum real estate investment of at least €250,000, among other investment options,...
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Flexi Group
Jan 30, 20232 min read
Cypriot tech company automates the process of making investment decisions
AIRR, which specializes in solutions to automate the process of making investment decisions, was founded in Cyprus in 2019. The...
299 views0 comments
Flexi Group
Jan 27, 20232 min read
Due to undeveloped plots, Limassol could have 8,000 more apartments.
According to a survey by Cypriot fintech Ask WiRE, the city of Limassol might have an additional 8,000 apartments given the large...
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Flexi Group
Jan 26, 20232 min read
Paphos has received more than €15 million in foreign investment
According to the Paphos Chamber of Commerce and Industry, foreign investments in the region have totaled more than €15 million. According...
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Flexi Group
Jan 18, 20232 min read
Greek exports rise 37% year on year, setting a new high
According to figures provided by the Hellenic Statistical Authority (ELSTAT) on Monday, Greek exports in all main industries established...
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Flexi Group
Jan 12, 20234 min read
Cyprus residential real estate costs are not anticipated to decrease any time soon.
The CEO of Ask WiRE, a Cyprus fintech company, Pavlos Loizou, indicated in an analysis examining the landscape of the domestic real...
126 views0 comments
Flexi Group
Jan 10, 20232 min read
Greece Requires Pre-Departure COVID Test Requirement for Chinese Arrivals
Following an increase in the number of infection cases in China and suggestions from the European Union, Greece has decided to enforce a...
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Flexi Group
Jan 10, 20233 min read
Cyprus must confront the difficulties of the energy transition to prosper
In spite of being a necessary and ambitious goal, the energy transition, which primarily refers to the switch from fossil fuels to...
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