ENERGY At the end of March the Exxon-Qatar Energy joint venture is expected to officially announce whether "Electra" is gold-bearing. Aegean tensions and Cyprus’ energy ambitions Newsroom While Cyprus advances its energy ambitions, tensions between Greece and Turkey over the Aegean Sea persist. READ MORE
Geopolitical turbulence presents a looming threat to 2025 economic growth Moody’s Nick Hill says that digital transformation balances risks and rewards Newsroom 09/12/2024 | BUSINESS
A critical step for economic growth in Cyprus includes tax reform Minister of Finance outlines plans for a fairer, more efficient, and globally competitive tax system Newsroom / CNA 09/12/2024 | BUSINESS
Major developments expected in 2025 for Vasilikos Cyprus races to complete stalled energy project while PROMETHEAS ship awaits release from Shanghai Newsroom 09/12/2024 | BUSINESS
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