Finance Minister Constantinos Petrides on Wednesday called for political parties to support necessary reforms so that Cyprus can fully utilise the €1.2 billion from the national recovery and …
Coronavirus: Party support vital to tap recovery funds says minister
Finance Minister Constantinos Petrides on Wednesday called for political parties to support necessary reforms so that Cyprus can fully utilise the €1.2 billion from the national recovery and …
CySEC Settles with Prior Capital’s Management for €100,000
The Cyprus Securities and Exchange Commission announced on Monday that it has reached a settlement with the management of Prior Capital Cy Ltd.
Royal Caribbean Cancels New Cruise Line From Israel Over Unrest
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 …
Royal Caribbean Cancels New Cruise Line From Israel Over Unrest
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 …