Cruise operator Royal Caribbean is cancelling a new line that had been scheduled to run from Israel to Greece and Cyprus from next month, citing regional security concerns. The sailings out of Haifa …
Time to liquidate Cyprus or other offshore companies?
Recent legislative changes in Ukraine exempt individuals from personal income (“PI”) tax on income received from liquidation of foreign companies, and may be the catalyst forcing many Ukrainian …
Time to liquidate Cyprus or other offshore companies?
Recent legislative changes in Ukraine exempt individuals from personal income (“PI”) tax on income received from liquidation of foreign companies, and may be the catalyst forcing many Ukrainian …
Coronavirus: Cabinet to approve recovery plan for EU funding
The cabinet will on Friday approve Cyprus’ National Recovery and Resilience Plan, the blueprint containing projects and reforms with a view to absorb almost €1 billion from the EU’s Recovery and …
Cyprus can replicate NPL offensive in Italy with ‘bad bank’
By CITR Cyprus, part of the Impetum Group The Italian model, with a ‘bad bank,’ has seen success in managing NPLs. Business shutdowns, deferrals, job losses, credit default, and many other similar …
Moody’s warns of possible underperformance of Cyprus banks
The loans on the books of EU banks that remain under long-running moratoria are more likely to underperform, with credit quality particularly uncertain in Cyprus, Italy, Portugal and Hungary, Moody’s …
Cyprus needs new treaty with Russia to stay competitive
By Nicholas Anderson How the lack of bilateral investment treaties diminishes the competitiveness of Cyprus as a European investment hub No one can deny the role that Russian investments have had for …
China and Cyprus: building bilateral ties
China’s Ambassador to Cyprus, Liu Yantao answers the Cyprus Mail’s questions on issues ranging from relations between the two countries and health cooperation on the pandemic to Hong Kong and …
China and Cyprus: building bilateral ties
China’s Ambassador to Cyprus, Liu Yantao answers the Cyprus Mail’s questions on issues ranging from relations between the two countries and health cooperation on the pandemic to Hong Kong and …
Villa in Cyprus for Rent
Cyprus in the eastern Mediterranean Sea is a beautiful island with warm and sunny climate, a turquoise blue ocean, and many Blue Flag beaches that attract tourists from around the world. It is a …