May 15, 2018

Cyprus economy to grow by 3.2% in 2018

London - The European Bank for Reconstruction and Development (EBRD) revised significantly its projection for Cyprus’ growth rate this year, in the context of a wider upward revision of its forecasts for the EBRD regions.…
April 25, 2018

Fitch upgrades Cyprus to BB+

London - Fitch Ratings has upgraded Cyprus’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to BB+ from BB with a positive outlook. The rating is just one step before the investment scale. Fitch said the upgrade…

News Archive

April 17, 2018

Ben Terra to deliver prophetic VAT seminar in Limassol

Limassol - Prof. Dr. Ben J. M. Terra, arguably Europe’s top authority on Value Added Tax (VAT), will join local expert Alexis Tsielepis to present… Click here to read more.
April 04, 2018

Cyprus signs all-new DTT with the UK

Nicosia - Cyprus and the United Kingdom have renegotiated an all-new Double Tax Treaty (DTT). The new treaty was signed by the two states… Click here to read more.
March 21, 2018

Cooperative Bank up for grabs

Nicosia - The Cyprus Cooperative Bank (CCB) is up for sale either in whole or in part. The bank is 77% state-owned and is… Click here to read more.
March 14, 2018

Moody’s maintains positive outlook on Cypriot banks

New York - The positive outlook for the Cypriot banking system reflects Moody`s view that the fast-paced economic expansion will continue, supporting borrowers` repayment… Click here to read more.
February 05, 2018

President Anastasiades re-elected for second term

Nicosia - Cyprus President, Nicos Anastasiades, was re-elected for a second term in office with 56% of the vote, yesterday. Stavros Malas, who contested… Click here to read more.
January 18, 2018

Cyprus company registrations on the rise in 2017

Nicosia - The number of applications for the registration of new companies in Cyprus increased for the fourth consecutive year in 2017, according to… Click here to read more.