Central Bank of Cyprus Reports Deceleration in House Price Index for Q1 2024
The Central Bank of Cyprus (CBC) has observed a deceleration in the House Price Index (HPI) for both houses and apartments in the first...
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Flexi Group
Jul 152 min read
Cyprus Shipping Deputy Ministry Issues Guidelines on EES and ETIAS Obligations for Carriers
The Shipping Deputy Ministry of Cyprus has released a guideline to inform carriers about their obligations under the European Entry-Exit...
303 views0 comments
Flexi Group
Jul 122 min read
Hellenic Bank Signs Agreement to Acquire CNP Cyprus
Cypriot lender Hellenic Bank has signed an agreement to acquire insurance provider CNP Cyprus, according to an announcement made by the...
371 views0 comments
Flexi Group
Jul 112 min read
Cyprus’ Assets Under Management Reach €9.1 Billion — €2.4 Billion Invested Locally
The Cyprus Securities and Exchange Commission (CySEC) released its quarterly bulletin on Wednesday, revealing that the number of...
308 views0 comments
Flexi Group
Jul 33 min read
Economic Council Calls for EU Funding and Proposes Updates to Cyprus' Long-Term Economic Strategy
The long-term strategy for the sustainable development of the Cypriot economy, known as Vision 2035, is set for an update, according to...
339 views0 comments
Flexi Group
Jun 272 min read
CySEC Approves Eurobank’s Full Acquisition Bid for Hellenic Bank
On June 25, the Cyprus Securities and Exchange Commission (CySEC) approved the publication of the Public Offer Document for Eurobank...
293 views0 comments
Flexi Group
Jun 201 min read
Cyprus Attracts €9.6 Billion in Oversubscribed 7-Year Bond Issuance
The Republic of Cyprus has successfully garnered offers totalling €9.6 billion from international markets for its newly issued 7-year...
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Flexi Group
Jun 195 min read
Central Bank of Cyprus Revises 2024 GDP Growth Forecast Amid Economic Optimism
This week, the Central Bank of Cyprus (CBC) adjusted its GDP growth forecast for 2024 to 3 percent, up from the 2.8 percent projected in...
677 views0 comments
Flexi Group
Jun 131 min read
Eurobank Cyprus to Reward 1,400 Current Borrowers with Reduced Mortgage Rates
Eurobank Cyprus has announced its plan to reward approximately 1,400 up-to-date mortgage customers by reducing the final interest rate on...
278 views0 comments
Flexi Group
Jun 122 min read
Greece Launches Platform for Hiring Egyptian Seasonal Workers in Agriculture
As of June 10, 2024, employers in Greece can now submit applications to hire Egyptian seasonal workers in the agricultural sector through...
298 views0 comments
Flexi Group
Jun 102 min read
Cyprus' European Elections: Elam and Fidias Win Seats, Akel Loses One
The European election results on Sunday brought a mix of celebration, sadness, and shock across Cyprus. For the first time, Elam has...
314 views0 comments
Flexi Group
Jun 71 min read
Central Bank of Cyprus Reports Decline in Deposit Rates for April
The Central Bank of Cyprus released a report this week indicating a decline in deposit rates for April, with loan interest rates showing...
673 views0 comments
Flexi Group
Jun 61 min read
Cyprus Reports €20.9 Million Increase in New Loans for April
Cyprus saw a net increase of €20.9 million in new loans in April 2024, according to a recent report from the Central Bank of Cyprus...
506 views0 comments
Flexi Group
Jun 41 min read
Cyprus Stock Exchange and Hellenic Energy Exchange Collaborate for Green Transition
In a significant move towards supporting Cyprus's green transition objectives, the Cyprus Stock Exchange (CSE) and the Hellenic Energy...
315 views0 comments
Flexi Group
May 312 min read
Limassol Maintains Dominance in High-End Property Sales
In April of this year, the ten most expensive property sales in Cyprus reached an impressive €16.2 million, with Limassol continuing to...
590 views0 comments
Flexi Group
May 301 min read
Panikkos Vakkou Assumes Vice Chairmanship at CySec: A Profile of Expertise and Experience
Panikkos Vakkou has stepped into the role of Vice Chairman at CySec, following a decision by the Council of Ministers this Wednesday. The...
527 views0 comments
Flexi Group
May 293 min read
New Bill Clarifies Central Bank of Cyprus' Role in Enforcing EU Legal Acts and Sanctions
A newly introduced bill in the House aims to clarify the Central Bank of Cyprus’ (CBC) role as the competent authority for implementing...
416 views0 comments
Flexi Group
May 231 min read
Eurobank Set to Sell Non-Performing Loan Portfolio for €232 Million
Greek lender Eurobank is preparing to sell a mixed portfolio of non-performing loans (NPLs) worth €232 million, as detailed in its...
372 views0 comments
Flexi Group
May 201 min read
House Speaker Pledges Support to Cypriot Shipping Industry
This week, House Speaker Annita Demetriou reaffirmed her commitment to supporting the Cypriot shipping industry during a meeting with a...
294 views0 comments
Flexi Group
May 162 min read
Cyprus Property Developers Association Celebrates 40 Years, Highlights Significant Contributions to Economy
The Cyprus Property Developers Association (LBDA) commemorated its 40th anniversary, underscoring its pivotal role in the country's...
330 views0 comments
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