Economic indicators increase from January to October 2024
08:15 - 13 Δεκεμβριου 2024
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House passes law for establishment of branches of foreign universities in Cyprus
So far the Kapodistrian and Metsovian Universities of Greece have expressed interest in coming to Cyprus
08:13 - 13 Δεκεμβριου 2024
Labour Minister welcomes parental leave extension and child birth grant increase
The increase in the child birth grant provides for a gradual increase depending on the number of children
08:10 - 13 Δεκεμβριου 2024
Parliament approves 15% minimum tax on multinationals and large-scale domestic groups
Based on Taxation Department data for 2021 and 2022, the number of affected entities in Cyprus is estimated at 1,900
07:36 - 13 Δεκεμβριου 2024
Plenary green lights increasing clubs' revenue from betting
An amendment was approved to increase the contribution to other sports clubs, in addition to football clubs
14:27 - 12 Δεκεμβριου 2024
Christodoulides announces launch of Business Activity Service Centre to assist investors
This centre will consolidate the Interior Ministry's Strategic Developments Sector and Commerce Ministry's Business Facilitation Unit
14:19 - 12 Δεκεμβριου 2024
Finance Ministry tables bill to increase levy on betting revenues
The aim is to increase revenue from betting to invest in sports and promote the healthy engagement of youth
09:55 - 12 Δεκεμβριου 2024
Cyprus Trade Centre in Dubai relocates office to Donna Towers
The Centre has moved to the heart of Dubai Silicon Oasis, the country’s thriving free-trade zone
09:02 - 12 Δεκεμβριου 2024
Minister says proposal for voluntary procurement of medicines welcomed by EU counterparts
The proposal concerns the creation of a voluntary joint procurement mechanism for medicines, Michael Damianos explained
08:06 - 12 Δεκεμβριου 2024
Government employment in Cyprus up 3.2% in 2024 eleven months
The increase is primarily attributed to Educational Service reforms, notably the abolition of the "purchase of services"
07:53 - 12 Δεκεμβριου 2024
Cyprus and Oman sign double taxation avoidance, prevention of tax evasion agreement
The intergovernmental agreement ensures the straightforward tax treatment of transactions between the two states
07:51 - 12 Δεκεμβριου 2024
Plenary to vote on 15% minimum tax for multinationals, one-year extension may be granted
The Ministry of Finance has expressed its opposition to granting any extension, citing the number of companies involved
07:12 - 12 Δεκεμβριου 2024
Agriculture Minister discusses ways to support drought-hit Cypriot farmers with Commissioner Hansen
Minister Maria Panayiotou discussed the problems with the European Commissioner for Agriculture and Food
11:24 - 11 Δεκεμβριου 2024
Piki welcomes official launch of KREAB's international rebranding of Cyprus
Deputy Minister to the President, Irene Piki, posted about the campaign on social media
10:22 - 11 Δεκεμβριου 2024
A look at which tourists to Cyprus spend the most and which stay the longest
Regarding the five main players in tourism this year, visitors from Israel spend the most money and Greeks the least
08:07 - 11 Δεκεμβριου 2024
Trade deficit down significantly by €1.18b in first 10 months of 2024
The trade deficit was €6,374.4m in January–October 2024 compared to €7,555.9m in the corresponding period of 2023
07:37 - 11 Δεκεμβριου 2024
Progress on energy tax negotiations provides balance says Finance Minister at Ecofin
Ministers at Ecofin were also informed about the progress in the negotiations on the reform of the customs union
07:34 - 11 Δεκεμβριου 2024
'Prometheus' to set sail in coming days, Minister says
Minister of Energy, Commerce and Industry George Papanastasiou says there are still details to be addressed
14:34 - 10 Δεκεμβριου 2024
President announces Interministerial Committee for pension system reform
The Committee will be chaired by the Labour Minister and include, among others officials, the Finance Minister
07:42 - 10 Δεκεμβριου 2024