The European Commission has taken action against Greece and Cyprus for their failure to properly implement rules aimed at combating fraud within the EU’s budget.
The European Commission has taken action against Greece and Cyprus for their failure to properly implement rules aimed at combating fraud within the EU’s budget.
Cyprus ended 2023 with a fiscal surplus of 918.7 million euros, the country’s Statistical Service (CyStat) said on Monday.
The ongoing debate over multiple pensions for former and current state officials has taken center stage in Cyprus.
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.
The United Nations’ refugee agency said Friday that Cypriot efforts at sea to stop numerous Syrian refugee-laden boats departing Lebanon from reaching the European Union-member island nation mustn’t contravene international human rights laws or put passengers at risk.
The Cypriot Parliament has passed a law enabling beneficiaries to apply for a 5% reduced VAT rate within a year of acquiring a residence.
The European Commission has initiated a two-year project aimed at bolstering private sector development within the Turkish-Cypriot community.
Prime Minister Kyriakos Mitsotakis emphasized the importance of addressing the crisis in the Middle East during his participation in the Special European Council taking place in Brussels from Wednesday to Thursday.
Betting activity revenues in the Republic of Cyprus recorded an upward trend for another quarter.
The Cypriot Ministry of Finance stated on Monday that there are currently no risks to the Cypriot economy from regional developments.
A study on the level of chargeable income tax is in progress, as part of the tax reform in Cyprus, President Nikos Christodoulides said on Thursday.
The Fredriksen Group is contemplating moving a significant portion, if not all, of its shipping operations from Norway to Cyprus.
A new dawn breaks in Cypriot banking with the appointment of Christodoulos Patsalides as the Central Bank of Cyprus’ new governor.
Aid shipments to Gaza are expected to resume soon from Cyprus, officials said on Wednesday, after the project was brought to a halt last week following Israel’s killing of seven aid workers.
The electrical interconnection of the Great Sea Interconnector between the Greek, Cypriot and Israeli power grids is the only way to sustainably develop renewable energy sources and achieve the high European goals while ensuring prices much lower than the current levels.