Banks and credit buyout companies are likely to extend the freeze on foreclosures of primary homes valued up to €350,000, as they have accepted the Ministry of Finance’s call in principle. Online
Annually, the tax-to-GDP ratio increased in 12 EU countries, with the largest rise registered in Cyprus (from 34.8% in 2021 to 36.5% in 2022) and Hungary (33.9% to 35.1%). The overall tax-to-GDP
Financial markets are likely to rally in November and December, despite recent corrections and weak investor sentiment, predicts the CEO and founder of a leading independent financial advisory and fintech. “History shows
Police are on high alert, fearing a suspected gangland murder of 55-year-old Thanasis Kalogeropoulos in Limassol could launch a new blood cycle in the city. Police have shifted the focus of their
Cyprus will host the WISTA (Women’s International Shipping & Trading Association) International AGM and Conference 2024 in Limassol under the auspices of the Shipping Deputy Ministry. At the 2023 WISTA International AGM and
Elite SAS troops are now on ‘standby’ in Cyprus, awaiting to rescue British hostages held captive by Hamas and Britons who are trapped in Gaza. The top British Army soldiers are reportedly expected to
The share of people working in high technology sectors in Cyprus is around 4.8%, close to the EU average, while the percentage of women workers at 34.7% was above average, according to
UN Under-Secretary-General for Peace Operations, Jean-Pierre Lacroix, will visit the buffer zone in Pyla on Thursday to see the situation on the ground after the attacks against peacekeepers in August. Lacroix is
A 24-year-old Greek Cypriot man was sentenced to six months’ imprisonment by the British Base Area Court in Episkopi after being arrested in Trachoni for knife possession on October 25. UK Bases
Instructions to gradually increase the capacity of the Pournara migrant reception centre to host more individuals and beef up staff to expedite application processing were given by Interior Minister Constantinos Ioannou. During
