Moving away from random ESG practices

Corporate Europe is entering a new era with the recently proposed Corporate Sustainability Due Diligence Directive (CSDDD). The new Directive of the European Union, which all Member-States will transpose, aims to endorse


ECB interest rates going one way

Analysts do not expect to see the European Central Bank backing away from its intentions to raise interest rates by another 50 basis points at their meeting on Thursday. In a note,

Eurobank eyes Hellenic prize

Greece’s Eurobank is reportedly edging towards a takeover of Hellenic Bank as it prepares to increase its stake in the island’s second-largest lender past 30%. Once it reaches the 30% benchmark, according

Bank of Cyprus revelling in comeback

Bank of Cyprus has “the wind in its sails” and has upgraded its guidance for 2023 after exceeding targets last year, its chief executive officer said, a decade after the island’s biggest

Green transformation in real estate

 Upon signing the Recovery and Resilience Plan “Cyprus Tomorrow”, the authorities have committed to achieving zero carbon dioxide emissions by 2050. After all, this is included in the 17 United Nations Sustainable


Banking system NPLS remain at 10.5%

Non-performing loans in the Cyprus banking system remained unchanged in November, with the NPL rate to total loans at 10.5%, according to the central bank. According to the latest data, total NPLs

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