ECONOMY Cyprus is a magnet for foreign companies as registrations surge Newsroom Foreign companies are flocking to Cyprus at a growing pace, with business registrations up by 30% in just six weeks, a sign that the island is solidifying its position as a prime investment hub in the region. READ MORE
Cyprus Parliament approves limit on large cash transactions New law aims to combat money laundering with a €10,000 cash transaction cap and strict penalties for violations. Newsroom 06/12/2024 | BUSINESS
Business loans on the rise in Cyprus, but consumer borrowing takes a hit October sees a significant increase in business lending, but higher interest rates and a drop in consumer loans signal mixed ... Newsroom 05/12/2024 | BUSINESS
Whistleblower exposes Thessaloniki art gallery forgery scandal Tipoff uncovers a trove of fake art linked to prominent Greek painters; three arrested as police fill vans with suspect ... Kathimerini Greece Newsroom 05/12/2024 | BUSINESS
Intrakat’s €1 million debt to Cypriot subcontractors sparks legal action Greek contractor's failure to pay suppliers for Pafos-Polis motorway project could lead to legal action Newsroom 04/12/2024 | BUSINESS
Green Line regulation boosts trade, but challenges remain Cyprus Foreign Minister emphasizes reunification goals amid reports of trade restrictions at crossing points Newsroom 04/12/2024 | BUSINESS
Cyprus in turmoil as labor disputes shake key sectors Strikes ease in hotels but persist in construction, health talks intensify, and education faces a brewing standoff. Newsroom 04/12/2024 | BUSINESS
Nicosia aims to become a model for sustainable tourism The capital blends urban charm with rural appeal, earning global recognition for its culinary excellence. Newsroom 03/12/2024 | BUSINESS
Cybersecurity and ICT risks emerge as leading drivers of operational risk An interview with José Manuel Campa, Chairperson of the European Banking Authority (EBA), featured in «Κ» Panayiotis Rougalas 03/12/2024 | BUSINESS
Major companies eye Cyprus as European HQ, says annual securities report Cyprus positions itself as a hub for multinational companies and financial innovation Newsroom 02/12/2024 | BUSINESS
ECONOMY
