CYPRUS


Cyprus caps rates at 11.42%
ECONOMY

The Central Bank of Cyprus has determined the maximum interest rate for lending in the country to be 11.42%, exercising its powers under the Cyprus Penal Code.

25th Travel Expo Cyprus concludes successfully
ECONOMY

The Cyprus Travel and Tourism Agents Association (ACΤA) and Display Art Plc orchestrated a resounding success with the 25th Travel Expo Cyprus, held last weekend at the prestigious Cyprus State Fairgrounds.





Cypriot FM bemoans lack of goodwill from Turkey
FOREIGN POLICY

The lack of goodwill from the Turkish side does not bode well for the reunification prospects of Cyprus, its Foreign Minister Constantinos Kombos said in an interview with Kathimerini.


Homebuyers in Cyprus land another win
PROPERTY TAXATION

The Cypriot Parliament has passed a law enabling beneficiaries to apply for a 5% reduced VAT rate within a year of acquiring a residence.

EU boost for Turk-Cypriot businesses
CYPRUS

The European Commission has initiated a two-year project aimed at bolstering private sector development within the Turkish-Cypriot community.