Discussion on 2025 state budget begins in House of Representatives

Before the debate begins, legislative work will focus on the issue of defective Takata airbags

07:40 - 16 December 2024

Cyprus economy welcomes third vote of confidence within a month with S&P upgrade

Following recent upgrades from Moody's and Fitch, Standard & Poor's has put Cyprus in the A category

07:04 - 16 December 2024

CySEC: Financial education to over 800 pupils across Cyprus

The Cyprus Securities and Exchange Commission’s talks and lectures aim to improve financial literacy among children

12:37 - 13 December 2024

We are working for a more resilient, prosperous economy, President says

A healthy and thriving business community brings multiple benefits to society as a whole, Christodoulides suggests

10:08 - 13 December 2024

Economic indicators increase from January to October 2024

Rises include manufacturing production in the period January-September 2024 recording an increase of 3.3%

08:15 - 13 December 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 December 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 December 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 December 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 December 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 December 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 December 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 December 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 December 2024

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Economy

Discussion on 2025 state budget begins in House of Representatives

Cyprus economy welcomes third vote of confidence within a month with S&P upgrade

CySEC: Financial education to over 800 pupils across Cyprus

We are working for a more resilient, prosperous economy, President says

Economic indicators increase from January to October 2024

House passes law for establishment of branches of foreign universities in Cyprus

Labour Minister welcomes parental leave extension and child birth grant increase

Parliament approves 15% minimum tax on multinationals and large-scale domestic groups

Plenary green lights increasing clubs' revenue from betting

Christodoulides announces launch of Business Activity Service Centre to assist investors

Finance Ministry tables bill to increase levy on betting revenues

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