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Tag: Cyprus

Posted on January 15, 2023

Corruption is damaging Cyprus economy and society

According to the Eurobarometer survey of July 2022, 94 per cent of respondents were of the view that corruption was widespread in Cyprus and that political parties were seen as being particularly …
Posted on January 14, 2023

Cyprus floats automatic ship tonnage tax renewal to buffer sector -minister

Minister * Suggests boosting tax incentives, not compensation * Lost 20% of tanker fleet from Russia price cap By Michele Kambas NICOSIA, Jan 13 (Reuters) – Cyprus has suggested automatic renewals of …
Posted on January 13, 2023

Multi-Million Euro Crypto Fraud Operation in Bulgaria, Cyprus and Serbia Busted

The bust saw four call centers and 18 other places searched, with 14 people arrested in Serbia and one in Germany.
Posted on January 11, 2023

Our view: EC completely right to squeeze Cyprus over VAT on homes

The European Commission is turning the screw on the Cyprus Republic over its failure to amend the law governing reduced VAT for the purchase of first homes. Brussels’ patience is wearing thin and it …
Posted on January 10, 2023

European Commission gives Cyprus a month to amend property VAT laws

The European Commission has given Cyprus until mid-February to enact new legislation governing the levying of reduced VAT on properties, otherwise it will move infringement proceedings forward.

( read original story …)



Posted on January 9, 2023

Fourteen candidates join race for Cyprus presidency in Feb. vote

Fourteen candidates formally joined the race on Thursday to become Cyprus’s next president in an election next month dominated by the island’s decades-old division, irregular migration and corruption …
Posted on January 7, 2023

Petrides says Cyprus fifth in absorption of EU Cohesion Funds

Cyprus ranks fifth among EU member states as regards absorption from the EU cohesion funds, Finance Minister Constantinos Petrides said on Saturday. He added that the “challenge” now is to record the …
Posted on January 5, 2023

Looking ahead to 2023: House prices in Cyprus

Pavlos Louizou considers the factors that will affect house prices in Cyprus in the year ahead given inflationary pressures and other factors.

( read original story …)



Posted on January 2, 2023

Sevastopol’s Russian-appointed puppet governor moves family and property to Cyprus

Mikhail Razvozhayev, the so-called “governor” of Sevastopol, has moved all his property, including his dogs and cats, to Cyprus. Source: Special Operations Forces of the National Resistance Center …

( read original story …)



Posted on January 1, 2023

Real estate will stabilise after mini-boom

Industry pundits believe that the Cyprus real estate sector will stabilise after hitting a record number of sales since 2008.

( read original story …)



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