The value of Total Assets under Management reached €11.6 billion in the fourth quarter of 2021, recording a minor decrease of 0.2% compared to the third quarter of 2021, according to the latest Quarterly Statistics bulletin published by the Cyprus Securities and Exchange Commission (CySEC).

The Ministry of Finance said Thursday that the use of the Cyprus green bond will offer multiple advantages.

"Countries in this region have realized that dependence on Russian oil and gas is extremely bad and there is a convergence of interest in diversifying sources of supply, even as we work to move to green energy," according to US Undersecretary of State Victoria Nuland after her meeting this morning at the Presidential Palace with the President of the Republic, Nicos Anastasiadis.

We are pleased to announce that for yet another year our firm is listed in Chambers & Partners as a top tier firm in Cyprus in the area of Dispute Resolution.

On 10th March 2022, Stelios Americanos & Co LLC hosted a webinar on Relocation to Cyprus.

The European Commission has announced that it will be offering technical support to help 17 member states, including Cyprus, towards the goal of phasing out their reliance on Russian fossil fuels, through its technical support instrument.

Unemployment fell by 58% in March 2022, compared to the same month last year, according to the Cyprus Statistical Service (Cystat).

The EastMed pipeline remains a project of common interest despite being gas-based, making it ineligible for EU funding, the European Parliament voted on Tuesday during its plenary session.

This year, hopes of a better tourism season than coronavirus-struck 2021 were rekindled after authorities said Cyprus passenger traffic would spike 47%, exceeding 7.5 million in 2022.

Despite the challenges, 2021 has been another successful year for the Investment Funds sector in Cyprus. The data published by the Cyprus Securities and Exchange Commission (CySEC) prove the significant but steady increase in the size of the sector.