Cyprus Tax Reform Presentation Set To Elevate Cross-Border Investment Strategies in Athens

by THEFUTURE.TEAM

January 23, 2026

Cyprus is poised to transform its fiscal landscape, and a key event in Athens will provide an authoritative exploration of these changes. On March 6, 2026, the Cyprus Chamber of Commerce and Industry (Keve) will unveil details of the nation’s new tax reform at the B&M Theocharakis Foundation Amphitheatre as part of the established ‘Business Presentations Of The Cypriot Economy’ series in Greece.

Event Overview

Co-sponsored by the Embassy of Cyprus in Greece and the Cyprus Chamber of Commerce and Industry, this event is designed to offer an in-depth briefing on the updated Cyprus tax system, which has been in effect since January 1, 2026. The presentation will detail the new regulations, outline compliance requirements, and spotlight potential opportunities for Greek companies and investors.

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Strategic Insights And Business Benefits

Industry leaders will gain valuable insights into the fiscal advantages and business benefits stemming from the reform. Notably, key presentations will be delivered by the Tax Commissioner, ensuring that the content is both authoritative and directly applicable to stakeholders seeking to navigate and leverage the new fiscal policies.

Opportunities For Industry Specialists

In addition to government representatives, the event offers a platform for law firms, audit firms, financial institutions, and other industry specialists. For a fee, these experts may present a 15-minute overview of their services tailored to the implications of the new tax reforms, enhancing their exposure within this influential business community.

Registration And Networking

Businesses interested in capitalizing on these presentation opportunities must reach out to the organizing firm, FMW Financial Media Way, by February 20, 2026. Those wishing to attend the event should contact the organizer directly via telephone or email. Due to limited seating, registrations will be accepted on a first-come, first-served basis.

Final Thoughts

This presentation marks a significant initiative to align the Greek market with Cyprus’ revamped fiscal regime, fostering cross-border collaborations and inviting robust dialogue between Cypriot and Greek business communities. Attendees can expect a well-structured analysis that bridges regulatory updates and strategic business advantages, making this event a must for industry decision-makers.

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Mercedes-Benz Posts Higher Profit Despite China Slowdown

by THEFUTURE.TEAM

July 29, 2026

Mercedes-Benz reported stronger-than-expected second-quarter results, lifting its shares on Tuesday despite mounting pressure from Chinese automakers and a weaker outlook for sales and revenue.

The earnings provided a boost for Europe’s auto sector, where manufacturers continue to grapple with tariffs, softer demand and intensifying competition from Chinese rivals. Volkswagen, Mercedes-Benz and BMW have all accelerated restructuring efforts in response.

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Cost Discipline Lifts Quarterly Profit

Mercedes-Benz shares rose as much as 5.9% following the results before trimming gains to trade 3.5% higher by 1118 GMT. The company reaffirmed its profit margin guidance for its core passenger car business after reporting an adjusted return on sales of 4.0% for the second quarter, above market expectations and within its 3% to 5% target range.

“In an environment where some automakers are ringing alarm bells on their competitive positioning, Mercedes delivered a clear and confident message,” Morningstar analyst Rella Suskin said.

Second-quarter operating profit increased 22% to €1.5 billion ($1.7 billion), despite a 3% decline in revenue. Lower administrative and research and development costs, together with strong performances from the financial services and vans divisions, supported earnings, while the results also included a €131 million gain related to the planned sale of leasing subsidiary Athlon.

China Remains The Key Pressure Point

Despite stronger profitability, Mercedes continues to face a challenging market environment. Sales in China fell 30% during the second quarter, prompting the company to abandon earlier expectations for stable car sales and group revenue. It now expects both to decline slightly from a year earlier.

BMW also lowered its outlook in June following a deeper-than-expected slowdown in China, highlighting the pressure facing Germany’s premium carmakers. At the same time, Mercedes said Chinese manufacturers are increasingly expanding into European markets, although Chief Executive Ola Kaellenius said their focus remains on higher-volume segments rather than the premium market.

“But that is not a reason to sit back and be relaxed,” he said.

Manufacturing Shift Continues

Mercedes is also reshaping its manufacturing footprint. The company said its German factories will undergo a more aggressive push toward leaner production, although it declined to provide further details while talks with labour representatives continue. Production is also being expanded in lower-cost Eastern European locations, including Hungary, where the company is increasing capacity at its Kecskemet plant, as well as in Poland.

Chief Financial Officer Harald Wilhelm said the full-year margin for the passenger car division is expected to come in at the lower end of the company’s guidance range, reflecting a higher share of electric vehicle sales in Europe, which remain more expensive to produce and continue to weigh on profitability.

“We must continue to work flat out to reduce costs so that we can remain competitive on the prices of our products,” Kaellenius said.

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