Fitch Upgrades Hellenic Bank’s Shareholder Support Rating to 'bb' Following Eurobank Stake Increase
Fitch Ratings has upgraded the Shareholder Support Rating (SSR) of Hellenic Bank Public Company Limited (Hellenic Bank) from “bb-” to...
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Flexi Group
Sep 162 min read
Greece Expands Golden Visa Program to Include Startup Investments
Greece is set to expand its Golden Visa Program to encompass investments in startups, according to an announcement by Prime Minister...
291 views0 comments
Flexi Group
Sep 164 min read
Cyprus: A Rising Startup Hub Beyond Tax Incentives
Cyprus, long renowned for its sun-soaked beaches and rich history, is now gaining attention for something quite different: its burgeoning...
709 views0 comments
Flexi Group
Sep 132 min read
Government Employment in Cyprus Sees 3.9% Growth in 2024
Government employment in Cyprus has experienced a 3.9 per cent rise during the first eight months of 2024, compared to the same period...
690 views0 comments
Flexi Group
Sep 122 min read
Hellenic Bank Raises €100 Million in Oversubscribed Bond Issuance
Hellenic Bank has successfully completed a €100 million Senior Preferred bond issuance under its €1.5 billion Euro Medium-Term Note...
282 views0 comments
Flexi Group
Sep 112 min read
Cypriot Lawmakers Call for Revisions or Withdrawal of Bill Increasing Sports Betting Profits Allocation to Football Clubs
This week, Cypriot lawmakers demanded significant changes or the outright withdrawal of a bill that proposes increasing the share of...
537 views0 comments
Flexi Group
Sep 102 min read
CySEC Launches Campaign to Warn Investors of Increasing Online Scams
The Cyprus Securities and Exchange Commission (CySEC) has announced the launch of a new social media campaign, aiming to protect...
344 views0 comments
Flexi Group
Sep 62 min read
Cyprus Administrative and Real Estate Services Lead Q2 Growth, Real Estate Rises 10.5%
Administrative, support, and real estate services in Cyprus performed strongly in the second quarter of 2024, according to the latest...
639 views0 comments
Flexi Group
Sep 54 min read
Cyprus Development Expenses Hit 29% of Budget by End of July
The implementation rate of development expenses from Cyprus’ state budget reached 29 per cent by the end of July, according to a report...
293 views0 comments
Flexi Group
Aug 303 min read
Cyprus Aims to Reduce Public Debt Below 60% of GDP by 2026 Amid Economic Challenges
Economists have raised concerns about the feasibility of achieving a debt ratio of 50% of GDP, warning that this target is difficult to...
658 views0 comments
Flexi Group
Aug 262 min read
International Buyers Flock to Greece Before New Golden Visa Rules Take Effect
Greece's recent decision to raise the minimum investment amount required for obtaining a golden visa has triggered a surge in...
306 views0 comments
Flexi Group
Aug 262 min read
Eurobank Proposes New Board Structure for Hellenic Bank Ahead of General Assembly
Eurobank has revealed the new board members it plans to propose for Hellenic Bank in the lead-up to the general assembly scheduled for...
341 views0 comments
Flexi Group
Aug 231 min read
Republic of Cyprus to Issue New Three-Month Government Bills on August 26
The Republic of Cyprus is set to issue a new round of government bills on Monday, August 26, with the bills having a three-month duration...
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Flexi Group
Aug 222 min read
Cyprus Banks Significantly Reduce Eurosystem Borrowing Following €2.6 Billion in TLTRO Repayments
Cypriot banks have nearly eliminated their borrowing from the Eurosystem through the Targeted Longer-Term Refinancing Operations...
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Flexi Group
Aug 212 min read
Cyprus Stock Exchange Suspends Trading for Multiple Companies Over Non-Submission of 2023 Financial Reports
The Cyprus Stock Exchange (CSE) has announced the suspension of trading for several companies listed on both the Regulated Market and the...
736 views0 comments
Flexi Group
Aug 92 min read
CySEC Slaps €740,000 Fine on Exelcius Prime Ltd for Multiple Violations
The Cyprus Securities and Exchange Commission (CySEC) announced on Wednesday the imposition of administrative fines totaling €740,000 on...
713 views0 comments
Flexi Group
Aug 82 min read
Eurobank Completes Acquisition of Hellenic Bank Shares, Triggers Resignation of Key Board Member
Eurobank, a subsidiary of Eurobank Ergasias Services and Holdings, has successfully concluded its mandatory public offer for the...
350 views0 comments
Flexi Group
Aug 73 min read
Central Bank of Cyprus Revises GDP Growth Forecast for 2024, Reflecting Limited Impact from Middle East Conflict
The Central Bank of Cyprus (CBC) has adjusted its GDP growth forecast for 2024 upwards to 3 per cent, reflecting an increase of 0.2...
311 views0 comments
Flexi Group
Jul 222 min read
EAC Advances Plans to Secure Large State Land Plots for PV Parks, Says Director George Petrou
The Electricity Authority of Cyprus (EAC) is progressing with efforts to secure extensive state land plots for the construction of...
295 views0 comments
Flexi Group
Jul 182 min read
Cyprus Launches "Professional Skills Academy" to Advance Gaming Sector and Player Protection
With a vision to establish Cyprus as a fair and safe hub for development and innovation in the gaming sector, prioritizing player...
425 views0 comments
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