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Tag: Cyprus

Posted on June 23, 2020

Israel seeks Cypriot help on EU opposition to annexation

“Ashkenazi asked Christodoulides for Cyprus to act as a moderating voice in discourse … Meretz MK Tamar Zandberg berates the Finance Committee for its vote on Netanyahu’s taxes. She calls the vote …

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Posted on June 23, 2020

Ashkenazi asks Cyprus to help with Europe’s annexation response

Foreign Minister Gabi Ashkenazi called on Cyprus to try to moderate the EU’s response to Israeli plans to move forward with the Trump peace plan, in a meeting with his Cypriot counterpart Nikos …

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Posted on June 22, 2020

Israel vows to defend interests in Aphrodite-Yishai gas field dispute

Cyprus recently sent Israel a proposal on how to jointly develop the Aphrodite-Yishai gas field, about 10% of which is in Israel’s exclusive economic zone, and the rest of which belongs to Cyprus.

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Posted on June 19, 2020

Cyprus President Nicos Anastasiades’ visit in Israeli postponed

The June 23 visit was ear-marked for discussions on improving tourist relations between the countries as well as discussing potential cooperation between Israel, Cyprus and Greece.

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Posted on June 19, 2020

Press review: What are Telegram’s prospects and Cyprus may lose its offshore luster

According to experts interviewed by Izvestia, officials decided not to leave Telegram’s multi-million audience outside the legal framework, and the service’s owner Pavel Durov probably made some …

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Posted on June 19, 2020

Cyprus property sales expected to stabilise, experts say

Industry experts expect property sales in Cyprus to stablise, as the country emerges from the novel coronavirus crisis. The number of property sales dropped 71 per cent in May in terms of number of …

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Posted on June 18, 2020

EBRD increases trade support in Cyprus, doubles BoC limit

The European Bank for Reconstruction and Development (EBRD) said on Thursday it had doubled the trade finance limit to Bank of Cyprus by €50 million to €100 million. The bank said in a release …

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Posted on June 18, 2020

Cyprus: Notional Interest Deduction (NID): Cyprus Income Tax Law Amendment Approved By Parliament

Amendments to the annual NID rate Under the current Cyprus NID provisions the annual NID rate is determined by reference to the yield rate of the 10-year government bonds of the country where the …

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Posted on June 18, 2020

Coronavirus: Cyprus released among the highest proportion of prisoners

Cyprus is among the countries that released the highest proportion of prisoners in the early stages of Covid-19, according to a study by the Council of Europe released on Thursday. The research …

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Posted on June 17, 2020

FCA Bans 3 Cyprus Firms From Selling Risky Derivatives

Britain’s finance watchdog said Monday that three Cypriot companies have been banned from selling so-called contracts for difference to clients in the U.K. as it cracks down on the speculative …

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