Monday
September 18, 2017

S&P revises Cypriot economy from Stable to Positive

New York - Standard & Poor’s (S&P) rating agency affirmed last week the rating of the Cyprus economy at BB+/B while revising the outlook on its long-term sovereign credit rating from stable to positive. This…
Wednesday
September 06, 2017

Property sales in Limassol and Paphos on the rise

Nicosia - Property sales in Limassol and Paphos have shot up while Larnaca recorded a drop, according to media reports. Real estate sales in August increased by 27% with 572 transactions recorded in total for…

News Archive

Friday
August 11, 2017

Cyprus is top European country for second citizenship

Cyprus is the No. 1 pick in the European Union and seventh in the world of countries offering second citizenship by investment according to… Click here to read more.
Monday
July 31, 2017

Moody’s upgrades Cyprus to Ba3

New York - Moody’s international rating agency upgraded last week Cyprus’ credit grade by one notch, to Ba3 from B1, citing strong economic growth… Click here to read more.
Monday
May 29, 2017

Cyprus and Luxembourg sign DTT

Nicosia - Cyprus and Luxembourg signed a Double Tax Treaty (DTT) on Monday, 8 May 2017. The Double Taxation Avoidance Agreement is expected to… Click here to read more.
Thursday
April 20, 2017

Cyprus to sign new OECD instrument on tax avoidance

Nicosia - More than 100 jurisdictions, including Cyprus, have concluded negotiations on a Multilateral Instrument (MLI) that will swiftly implement a series of tax… Click here to read more.
Thursday
March 16, 2017

Limassol in the top 100 places to live

New York - Limassol is in the top 100 places to live in the world according to global HR consulting leader Mercer’s ‘Quality of… Click here to read more.
Wednesday
March 08, 2017

Cyprus completes third round of gas drills negotiations

Nicosia - Cyprus has successfully completed the third licensing round for offshore hydrocarbons exploration in its Exclusive Economic Zone (ΕΕΖ). Minister of Energy, Commerce,… Click here to read more.