ECONOMY The registration process for the Register of Foreign Interest Companies, which is managed by the Business Facilitation Unit, is being completely modernized. Photo credit: Unsplash Cyprus picks up investment momentum Dorita Yiannakou Cyprus is maintaining a strong grip on investment interest, primarily due to its strategic geographic location, its well-developed professional services sector, and the attractive business environment it has built. READ MORE
Could another war be on the horizon? Greece warns another European war could be possible as Turkey hints at the possibility of an invasion 09/09/2022 | BUSINESS
Greek government uses citizens to report tax evaders A citizen can be rewarded up to 10 times the amount of a penalty by using an app to check receipts Kathimerini Greece Newsroom 09/09/2022 | BUSINESS
XM Ranks 2nd in ‘Best Medium Workplaces’ for Top 2022 European Employers XM Ranks 2nd in Great Place to Work™ ‘Best Medium Workplaces’ List for Top 2022 European Employers 09/09/2022 | BUSINESS
ECB hikes up interest rates 75 basis points to 1.25% Such an aggressive move was only implemented for a few days in 1999 Source: Reuters 08/09/2022 | BUSINESS
Employment and working hours up compared to last year Employment rose by 1.9%, while working hours increase by 5.2% Source: CNA 07/09/2022 | BUSINESS
US-based Lone Star to revise offer for Bank Of Cyprus Bank of Cyprus' board of directors has turned down three take-over offers from Lone Star in its bid to take over the bank ... Source: CNA 07/09/2022 | BUSINESS
Banks imposing stricter lending standards Banks are more wary of the heightened geopolitical tensions and uncertainty in the global economic environment Source: CNA 06/09/2022 | BUSINESS
$600 SpaceX Starlink internet dish 'surprisingly good' despite outages According to RebelRoam's Tarvo Topolev who took the dish on a Greek sailing vacation 06/09/2022 | BUSINESS
Euro-dollar exchange falls to a 20-year low The escalating energy crisis is putting pressure on the European currency 06/09/2022 | BUSINESS
EU citizens can now apply for a visa on arrival in Saudi Arabia Saudi Arabia introduces new tourist visa scheme for EU, Schengen & UK Citizens 05/09/2022 | BUSINESS
