George Z. Georgiou & Associates LLC

27/08/2026

The Official Gazette of the Republic of Cyprus published the amendments of the Personal Insolvency Laws of 2015 to 2020. The amendments affect the two main insolvency mechanisms, namely Debt Relief Orders and Personal Repayment Plans.

Michalis Antoniou provides a summary of the amendments, including eligibility criteria and evidential requirements, and what debtors and creditors should take into account when planning their strategy, as the amendments substantially affect the rights, obligations, and available options of all parties involved.

Read more here: https://gzg.com.cy/insights/insights/amendments-introduced-by-law-112i2026-in-the-framework-of-personal-insolvency/

Feel free to reach out to our team to explore how these new regulations may affect your case.

20/08/2026

20/08/2026

Leading Law Firms in Cyprus.

This month’s Gold Magazine Issue features law firms and legal professionals across Cyprus, with a special focus on the people, practices and developments shaping the island’s legal sector.

The issue features the Top 80 law firms in Cyprus list; we are thrilled to currently be the 3rd largest law firm on the island (pg 50).

The issue also includes Polina Christodoulou's interview, sharing insights on the modernization of Cyprus’ legal system, cross-border transactions, how law firms use AI, and the opportunities accrued to firms embracing (pg 32).

Our firm is further presented in the special feature section, along with our Academy offering (pg 68).

Read here: https://www.magloft.com/app/goldmagazine #/reader/532147/1997323

06/08/2026

Earlier this week, the Cypriot government announced a comprehensive package of measures to boost of people with disabilities, recognizing the role that Social Enterprises (SE) play in building a more inclusive economy.

We are thrilled to have played a crucial role in this development, as a year ago, we advised on the registration of True Heart Café, Cyprus's first registered social enterprise. The legal infrastructure is now in place, the regulatory framework is developing, and the state is actively investing in an ecosystem that allows social enterprises to thrive.

Read more about Social Enterprises, their business model, the recent incentives, including the newly announced subsidy and tax framework and what's next, here: https://gzg.com.cy/insights/insights/gzg-advises-on-the-registration-of-cyprus-first-social-enterprise/

Feel free to reach out to our team for any questions on the establishment of social enterprises in Cyprus, and the relevant legal and regulatory landscape.

28/07/2026

The European Parliament Economic and Monetary Affairs Committee has recently approved a legislative proposal on what is referred to as the 'single currency package', comprising three legislative instruments, namely (i) the establishment of the digital euro; (ii) the provision of digital euro services by payment services providers (PSPs), incorporated in member states whose currency is not the euro; and (iii) the legal tender of euro banknotes and coins.

The proposal seeks to modernise the Eurosystem in the area of digital finance by offering individuals and businesses a private, secure and innovative means of payment, while safeguarding their right to choose their payment method.

Panayiotis Katsaprokkis provides an overview of this new chapter for European Finance. Read here: https://gzg.com.cy/insights/insights/the-digital-euro-a-new-chapter-for-european-finance/

27/07/2026

The amendments to Law 87(I)/2026 on the Establishment and Operation of the Single Body for the Out-of-Court Resolution of Disputes of a Financial Nature entered into force on the 1st of June 2026. The reform aims to strengthen the effectiveness of the out-of-court financial dispute resolution mechanism, to achieve faster settlement of disputes between consumers and financial institutions, and to enhance the protection of borrowers, without restricting the constitutionally guaranteed right of access to justice.

Marina K. Vassiliou and Eleftheria Evripidou provide an overview of the new reform. Read here:

https://gzg.com.cy/insights/insights/amendments-to-law-87i2026-strengthening-of-the-framework-for-the-out-of-court-resolution-of-financial-disputes/

24/07/2026

Shareholder Activism Comparative guide by Legal 500 is now available online.

Agathi Zervou and Sabina Timotheou contribute the chapter, providing readers with a pragmatic overview of rights, investing, and corporate regulations in Cyprus.

Their piece also explores shareholder , register access, thresholds, director duties, meeting requisitions, and activist campaign responses in the context of listed companies.

Read their article here: https://www.legal500.com/guides/chapter/cyprus-shareholder-activism/?_gl=1*1c29b4l*_up*MQ..*_ga*NzcwNTA1NDgyLjE3ODQ4NzU3NzM.*_ga_JFNJC5V947*czE3ODQ4NzU3NzMkbzEkZzAkdDE3ODQ4NzU3NzMkajYwJGwwJGgw

23/07/2026

Commercial Litigation in Cyprus.

Romanos Loizides, Tatiana Chlorakiotou, Chara Charalambidou, Phoebe Papageorgi, and Olga Zachariou share a piece on commercial litigation and arbitration in Cyprus, addressing the key questions that clients and counterparts most commonly raise when engaging with Cyprus as a jurisdiction.

The piece covers the full lifecycle of a commercial dispute, from court structure and pre-action obligations through to interim remedies, arbitration, cross-border enforcement, and post-judgment ex*****on. The article also reflects a number of recent and significant developments in Cyprus law including protocols and revised disclosure obligations, ADR, and the reinforcement of Cyprus's position as a strategic jurisdiction for multi-jurisdictional disputes.

Read the full piece here: https://gzg.com.cy/insights/insights/commercial-litigation-cyprus/.

Feel free to get in touch with our team for any questions on commercial litigation in Cyprus.

09/07/2026

Marina K. Vassiliou, George Ioannou and Pemy Oikonomopoulou are attending the Bosco Conference Invest Pro B2B Conference in Athens, an international business event for investors, consultants, and company owners. The event focuses on investment migration, real estate, wealth management, international tax, and business relocation.

If you are attending, to .

09/07/2026

Nearly three years have passed since the Digital Markets Act ( ) entered into force, and digital markets have since undergone radical transformation. In response, the European Commission has been closely monitoring and evaluating these developments to assess the progress made; to date, three Annual Reports have been published, each documenting a distinct phase of progress towards achieving the objectives set out in the DMA.

Loukia Pappoullou provides an overview of the key milestones across three years of implementation.
Read here: https://gzg.com.cy/insights/insights/digital-markets-act-dma-key-milestones-across-three-years-of-implementation/

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For a more comprehensive overview of the subject read also “A New Era of Competition in Digital Markets: The Digital Markets Act (Regulation (EU) 2022/1925)” here: https://gzg.com.cy/insights/insights/a-new-era-of-competition-in-digital-markets-the-digital-markets-act-regulation-eu-20221925/