The European Commission on Thursday called on Cyprus to comply with the EU VAT rules for dwellings. The Commission decided to send a reasoned opinion to Cyprus for its failure to properly apply EU VAT …
Case Study – “A place in Cyprus for £80k: we decided it was time to follow our dreams”
Pauline and Chris Stanley have had their two-bedroom apartment in Cyprus a year now they’ve been pleasantly surprised at their outgoings. They property only costs around £80 a month to run, including …
Foreign arrivals and property purchases in the north up
A 48 per cent increase in the number of foreign tourists visiting the north was recorded during the first four months of this year compared to the same period last year, Cyprus News Agency reported on …
Turkey lashes out at US over warship anchored in Cyprus
The island remains ethnically divided between Turkish- and Greek-Cypriots since Turkey’s military intervention in 1974 in response to a Greek military coup.
Cyprus freezes $1.3B in Russian-owned assets
The Cypriot government has frozen 1.2 billion Euros ($1.3 billion) in Russian-owned assets managed by companies registered to operate in Cyprus.
Cyprus freezes $1.3B in Russian-owned assets
The Cypriot government has frozen 1.2 billion Euros ($1.3 billion) in Russian-owned assets managed by companies registered to operate in Cyprus.
Cyprus Finance Ministry: More than 1.2 billion euros in Russian assets frozen
Cyprus’ Finance Ministry says some 1.2 billion euros ($1.3 billion) in Russian-owned assets managed by Cyprus-registered companies has been frozen in compliance with sanctions leveled against Russia f …
Cyprus is becoming a low wage economy
Decent wages for most workers have fallen victim to crony capitalism In a Cyprus Mail opinion piece of April 30, 2023 it was argued that the economic system of Cyprus characterised by crony and …
Hope for Cyprus solution should Kilicdaroglu win
By Ozay Mehmet If Kemal Kilicdaroglu wins the Turkish general election, a win-win-win solution on Cyprus may be within reach. The name of the solution would be confederation. President Nicos …
Cyprus: Slashed VAT expected to ‘bring inflation and prices down’ says Finance Minister
While inflation rates have fallen in Cyprus for a sixth consecutive month, consumer prices went up by 0.3 per cent in April after a 1.02 per cent rise in March. In an interview with Euronews, Finance …