The state budget deficit for 2023 increased by €80 million compared to the deficit recorded in 2022, according to the Fiscal Report of the Republic of Cyprus for 2023, submitted to the House of...
The EU will support a series of reform support projects in Cyprus, including the establishment of an asset management office in the country, the structural review of the Cypriot Presidency, the...
With a particular emphasis on scrutinizing the cross-border activities of Cypriot Investment Firms (CIFs) involved in distributing complex financial products, the Cyprus Securities and Exchange...
Greece recorded a huge improvement in the business environment rankings of The Economist Intelligence Unit (EIU) among 82 countries worldwide. Greece rose 28 positions from its place in the previous...
Europe will extend rules on off-exchange share trading for 18 months, making a last-minute change to close an embarrassing loophole that had offered unlimited private share trading.The European...
US Treasury Secretary Janet Yellen slammed China’s use of subsidies to give its manufacturers in key new industries a competitive advantage, at the cost of distorting the global economy, and said she...
Today, KPMG in Cyprus announced that it has joined the SAP® PartnerEdge® program, combining KPMG’s industry-specific, business-centric approach with the power of SAP’s market-leading technology to...
DP World welcomed the Minister of Transport, Communications and Works of the Republic of Cyprus, Mr. Alexis Vafeades and the Shipping Deputy Minister to the President of the Republic of Cyprus, Ms....
Cyprus Ministry of Finance has welcomed the European Commission’s In-Depth Review for the Cypriot economy, stating that its results show the government's “sound economic policy and the efforts...
Net demand for corporate loans continued declining in the last quarter of 2023, maintaining a downward trend since the first quarter of 2022, albeit at a slower pace than expected in the previous...