Cyprus Returns to Investment Grade as Moody's Upgrades Credit Rating
Moody's, the rating agency, has elevated the credit rating of the Republic of Cyprus, marking the country's return to investment grade...
top of page
.png)
.png)
Search
Flexi Group
Sep 28, 20232 min read
Bank of Cyprus Wins Multiple Awards at World's Best Digital Banks Awards 2023
The Bank of Cyprus has announced that it has received five prestigious awards at the World's Best Digital Banks Awards 2023, hosted by...
412 views0 comments
Flexi Group
Sep 25, 20232 min read
Rising Property Prices Raise Concerns in Cyprus Real Estate Market
The surging property prices in Cyprus in recent years, fueled by increased demand and escalating construction material costs, have raised...
300 views0 comments
Flexi Group
Sep 21, 20232 min read
Cyprus Sees Inflation Rebound in August 2023 Driven by Food Prices
In August 2023, Cyprus witnessed a notable resurgence in inflation, largely attributed to a surge in food prices, marking the end of a...
302 views0 comments
Flexi Group
Sep 21, 20232 min read
Cyprus Forecasts Robust Economic Growth for 2023 Despite Global Uncertainties
Cyprus is poised to maintain strong economic growth in 2023, even in the face of global uncertainties, according to an analysis by...
865 views0 comments
Flexi Group
Sep 20, 20232 min read
TechIsland Hosts Workshop on Attracting Foreign Tech Companies in Cyprus
TechIsland, Cyprus's prominent tech business association, marked a significant achievement with the conclusion of the "Building Tech...
296 views0 comments
Flexi Group
Sep 19, 20231 min read
Cyprus to Launch "Photovoltaics for All" Plan to Promote Solar Energy
Cyprus is set to introduce a new initiative called the "photovoltaics for all" plan in the coming two months, aimed at encouraging the...
394 views0 comments
Flexi Group
Sep 19, 20232 min read
Supreme Court Releases Over 5.3 Billion Euros in Assets of Former Marfin Laiki Bank Directors
In a recent landmark decision dated September 13, 2023, the Supreme Court has ordered the release of assets totaling more than 5.3...
969 views0 comments
Flexi Group
Sep 19, 20232 min read
Cyprus Golden Passport Scandal: Trial of Four Accused to Commence in October
The trial of four individuals accused of facilitating the acquisition of Cypriot Golden Passports for foreign nationals in exchange for...
841 views0 comments
Flexi Group
Sep 15, 20232 min read
Deputy Minister Urges Cyprus Excellence Centers to Leverage Research for Funding
During a session of the House Committee on Commerce, the Deputy Minister of Innovation, Research, and Digital Policy, Philippos...
1,212 views0 comments
Flexi Group
Sep 13, 20232 min read
Limassol Real Estate Sales Surge to Nearly Half a Billion Euros in Q2 2023
A report released by Cypriot firm Ask Wire has revealed that real estate sales in Limassol reached a total value of nearly half a billion...
735 views0 comments
Flexi Group
Sep 8, 20232 min read
Cyprus Borrowers Association Highlights Concerns Over Non-Performing Loans Resolution
The Cyprus Borrowers Association (Syprodat) has expressed concerns over the resolution of non-performing loans (NPLs) in Cyprus. Syprodat...
339 views0 comments
Flexi Group
Sep 4, 20232 min read
Cyprus Sees Modest Recovery in Net New Loans Amid Rising Borrowing Costs
In July 2023, Cyprus witnessed a modest recovery in net new loans, reaching €300.5 million, up from €240 million in the previous month....
290 views0 comments
Flexi Group
Sep 1, 20233 min read
Hellenic Bank Posts Strong First Half Profits Amid Challenging Environment
Hellenic Bank, a prominent financial institution in Cyprus, has announced a robust profit of €160.2 million for the first half of 2023....
1,090 views0 comments
Flexi Group
Sep 1, 20231 min read
Cypriot Passport Climbs Global Ranking, Offering Access to 180 Countries
The Cypriot passport has surged in global rankings, securing its position among the most influential passports in the world. With...
639 views0 comments
Flexi Group
Aug 31, 20233 min read
Association of Cyprus Banks Clashes with Finance Minister Over Interest Rates and Taxes
The Association of Cyprus Banks is at odds with Finance Minister Makis Keravnos over his stance on the cost of higher interest rates and...
172 views0 comments
Flexi Group
Aug 24, 20232 min read
Cyprus' Transportation Sector Sees Strong 17.3% Growth, Led by Air Transport
Cyprus' transportation and storage sector has witnessed a substantial surge of 17.3% during the second quarter of 2023 in comparison to...
343 views0 comments
Flexi Group
Aug 21, 20234 min read
Greece: A Rising Star in Emerging Market Investments, Backed by Economic Reforms and Robust Growth
In a recent development, Marshall Stocker, co-head of emerging markets at Morgan Stanley, has spotlighted Greece as an increasingly...
590 views0 comments
Flexi Group
Aug 11, 20232 min read
Cyprus Trade Deficit Widens in First Half of 2023 Despite Import Decrease
The trade deficit for the first half of 2023 in Cyprus has surged by approximately €574 million compared to the same period last year, as...
1,683 views0 comments
Flexi Group
Aug 9, 20233 min read
Electrical Interconnections Vital for Climate Neutrality, says CERA Chairman
Andreas Poullikkas, the Chairman of the Cyprus Energy Regulatory Authority (CERA), underscores the pivotal significance of electrical...
249 views0 comments
bottom of page