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Tag: Cyprus

Posted on May 17, 2021

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.

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Posted on May 16, 2021

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 …

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Posted on May 16, 2021

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 …

( read original story …)



Posted on May 15, 2021

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 …

( read original story …)



Posted on May 15, 2021

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 …

( read original story …)



Posted on May 13, 2021

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 …

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Posted on May 13, 2021

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 …

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Posted on May 13, 2021

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 …

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Posted on May 13, 2021

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 …

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Posted on May 9, 2021

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 …

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