The European Commission has given Cyprus until mid-February to amend the property VAT laws, otherwise it will pursue infringement proceedings …
Cyprus property sales exceeded €5.5 billion in 2022
The Council for Registration of Real Estate Agents on Monday released a statement saying that the total value of all real estate sold in Cyprus in 2022 reached approximately €6 billion. “Amidst many …
Cyprus: Searching for the money of Russian oligarchs
Is Cyprus the weakest link here? Maira Martini: I think Cyprus is one of the weakest links. Cyprus Minister of Finance Constantinos Petrides disagrees. We first spoke to him in September. His office …
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 …
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 …
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.
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 …
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.
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 …
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 …