Every CEO aims to make data-driven decisions, but when data is scattered across departments, outdated, inconsistent, and disconnected, decision-making becomes guesswork. Conflicting reports from marketing, sales, finance, and operations can delay critical strategic moves and expose businesses to costly mistakes.

This article contrasts two realities: one where leadership teams struggle with fragmented spreadsheets and contradictory numbers, and another where integrated Business Intelligence (BI) systems transform raw data into a unified, real-time strategic asset.

With a centralized BI dashboard, integrating CRM, ERP, financial metrics, marketing performance, and operational capacity, decision-makers gain clarity, alignment, and confidence. Instead of debating whose numbers are correct, leadership teams focus on strategy, risk mitigation, profitability, and growth.

The message is clear: Business Intelligence is no longer a luxury. It is a competitive necessity. In fast-moving markets, the real risk isn’t making the wrong decision, it’s making decisions without reliable, connected data.

Law 146(I)/2025 introduces Article 14B into Cyprus’s Motor Vehicles and Road Traffic Laws, allowing drivers involved in minor road collisions to move their vehicles from the scene without waiting for police attendance, provided specific conditions are met. The reform aims to reduce traffic congestion, particularly during peak hours, and improve the efficiency of insurance claim procedures.

Vehicles may be moved only where there is mutual agreement between drivers, no bodily injuries, no need for police intervention, and where the vehicles are safe to relocate. Before moving the vehicles, drivers must notify their insurance companies, exchange full details, and document the scene through photographs in compliance with GDPR principles.

The law does not apply in cases involving uninsured vehicles, government-owned vehicles, or hit-and-run incidents. Importantly, moving a vehicle does not constitute admission of liability, abandonment of the scene, or breach of insurance coverage.

This amendment seeks to balance traffic efficiency with legal safeguards, promoting faster resolution of minor accidents while protecting drivers’ rights. Its effectiveness will depend on public awareness and responsible implementation.

World Zero Waste Day shines a spotlight on the urgent need to tackle waste in the fashion and textile industry, one of the world’s largest polluters. With over 92 million tonnes of textile waste generated annually and 10% of global carbon emissions attributed to fashion, the current fast-fashion model is no longer sustainable.

The article explores how embracing circular economy principles, such as designing for durability, reuse, repair, and recycling, can significantly reduce environmental impact. It also highlights promising innovations in sustainable textiles made from agricultural and food waste, alongside policy-driven solutions like the EU’s Extended Producer Responsibility (EPR) framework. As the EU moves toward a fully circular textile economy by 2030, Cyprus has a critical opportunity to align with these efforts and implement EPR schemes that support sustainable waste management and responsible production.

Over the past decade, Greece has undergone a significant transformation, reshaping its legal, tax, and regulatory framework to become an increasingly attractive destination for business and investment. Driven by comprehensive reforms, EU integration, and digitalisation of public administration, the country now offers a streamlined incorporation process, competitive corporate taxation, and direct access to the European Union market.

This article provides a practical overview of the available corporate structures in Greece, including Société Anonyme (SA), Private Company (IKE), Limited Liability Company (EPE), and branch establishments, highlighting their key features and suitability for different business models. It also examines the principal advantages of incorporating in Greece, such as the 22% corporate tax rate, favourable dividend taxation, extensive double tax treaty network, and a range of incentives for foreign investors, including the Golden Visa programme and EU funding schemes.

With strong growth prospects in sectors such as renewable energy, tourism, and technology, and with continued legal and administrative reforms reducing bureaucracy and accelerating business setup, Greece is firmly establishing itself as a competitive and business-friendly jurisdiction. The article concludes by outlining how Michael Kyprianou Law Firm supports investors and businesses in navigating the Greek legal framework and successfully structuring and implementing their investments.

Grant Thornton Cyprus has launched its EU Grant and Funding Scheme Programme Services, a new offering under its Business Consulting service line designed to support public and private sector organisations in accessing, managing, and maximising European Union funding opportunities. The service responds to the increasing complexity of EU funding frameworks and provides structured, end-to-end support across the full funding lifecycle, from early-stage concept development and application submission through to project implementation and completion.

The offering is built around two integrated pillars: Application Process Support and Post-Grant Project Delivery Support. Through these, Grant Thornton assists organisations in identifying suitable funding programmes, preparing high-quality applications, forming effective project consortia, and ensuring strong governance, compliance, and performance throughout project execution. Services include project management, financial and KPI monitoring, reporting, risk management, and specialised advisory support in areas such as strategy, operational improvement, and digital transformation.

Delivered by a multidisciplinary team with extensive experience in EU funding frameworks and compliance requirements, the service is designed to help organisations translate European funding into tangible, sustainable outcomes. With this launch, Grant Thornton Cyprus further strengthens its Business Consulting portfolio and reaffirms its commitment to supporting clients in achieving long-term value from EU-funded initiatives, from concept to completion.