Posts tagged with "economy"



Bankruptcy proceedings for companies rise by 22% in 2024 to exceed 9,000
Economy · 16. January 2025
During 2024, there has been a rise in the number of insolvency proceedings, of 22%, with bankruptcies being the most abundant, representing 79%, and special proceedings growing the most, 192%, to reach the highest figure of the last decade, 9,015 proceedings in total.

Insolvencies: Is the wave now becoming a ripple?
Economy · 15. January 2025
Corporate insolvencies in Germany are rising for the third year in a row. At the end of 2024, a new record high of 22,400 bankrupt companies was recorded.

Economic Outlook - December 2024
17. December 2024
The global economy continues to show resilience, with inflation rates declining without causing a recession. However, potential import tariffs from the new US administration could pose a risk to future global growth. ...

Regulation on transparency and integrity of environmental, social and governance (ESG) ratings was published in the Official Journal of the EU
EU Newsletter · 12. December 2024
ESG ratings provide an opinion on the sustainability profile of a company or financial instrument, assessing its impact on society and the environment and its exposure to risks associated with sustainability issues.

European Commission: 5 public consultations on European Digital Identity
EU Newsletter · 29. November 2024
The digital identity will have to provide an efficient system of data security and ensure that trust service providers of qualified attestations of attributes cannot receive and information about use of attributes.

The new European Commission (2024 –2029)
EU Newsletter · 27. November 2024
Today, the European Parliament in plenary session approved the new College of Commissioners with 370 votes in favour, 282 against and 36 abstentions. The new political team of the Commission will officially take office on 1st December 2024, marking the start of President Ursula von der Leyen's second mandate.

European Parliament: EU Policymakers and Industry Experts Discuss Competitiveness and the Power of High-Quality Business Data
Press Releases · 26. November 2024
Policymakers, industry leaders, and experts convened at the European Parliament for the event “Enhancing EU Competitiveness Through High-Quality Business Data”, hosted by MEP Costas Mavrides in cooperation with the Federation of Business Information Services (FEBIS). The event brought to light the vital role of business data and advanced technologies in fostering innovation, combating financial crime, and strengthening Europe’s economic standing.

FEBIS participated in the new strategic plan (2025-30) of the ICCR
FEBIS · 15. November 2024
FEBIS, represented by its Vice-President Luis Carmona, participated in the 32nd plenary meeting of the International Credit Reporting Committee (ICCR)

Empowering Cypriot Businesses: Overcoming Liquidity and Profitability Challenges for Sustainable Growth
Economy · 17. October 2024
Despite the resilience of many enterprises, critical structural issues need to be addressed for these businesses to boom in the modern global market.

Prevent the Domino Effect: Safeguard Your Business from Late Payments
Economy · 03. October 2024
In today's intricate business environment, on-time payments are more than simply a financial need. 

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