March 16, 2020

Cyprus in state of emergency

Nicosia – The Cyprus government declared yesterday a state of emergency due to the coronavirus (Covid-19) pandemic and essentially locked down the country. In a press conference following day-long meetings at the Presidential Palace, Cyprus…
March 05, 2020

2nd place for Cyprus in Cuban cigar competition

Havana - Cyprus secured a respectable second place in the finals of the 3rd Habanos World Challenge cigar competition that took place in Havana, Cuba, late last month. The Cyprus national team, made up of…

News Archive

March 04, 2020

Unemployment in Cyprus drops to 6.3%

Nicosia - The number of unemployed persons in the 4th quarter of 2019 amounted to 6,3% of the labour force or 28.481 persons, according… Click here to read more.
February 19, 2020

Cayman Islands on tax-haven blacklist

Brussels - British overseas territory the Cayman Islands has been placed on an EU tax-haven blacklist, along with Palau, Panama, and the Seychelles. The… Click here to read more.
February 06, 2020

Cyprus ranked 36th most expensive nation to live in

New York - Cyprus ranked in as the 36th most expensive nation to live in, according to a recent survey by New York-based CEOWORLD… Click here to read more.
January 04, 2020

Total Deposits at €48.6bln in November 2019

Nicosia - Total deposits in Cyprus reached €48.6 billion in November 2019, while outstanding loans €34.2 billion, the Central Bank of Cyprus announced last… Click here to read more.
December 12, 2019

Assets Under Management in Cyprus reach €7.7bln

Nicosia – Total Assets Under Management (AUM) for the third quarter of 2019 in Cyprus reached €7.7 bln, recording a 12% increase compared to… Click here to read more.
November 26, 2019

Single voice for VAT in Cyprus

The Founding Members of the Cyprus VAT Association (CYVA). Nicosia - The Cyprus VAT Association (CYVA) was recently established with the aim of providing… Click here to read more.