Deputies approve title amnesty

The House of Representatives unanimously approved a bill allowing thousands of citizens to receive titles for their immovable property, which will also help raise additional funds for the state budget. The bill,

CDB rocked by scandals

The Cyprus Development Bank (CDB) has been rocked by multiple scandals involving deals made by its previous General Manager and members of the Board, who are serving now. Members of the House

Polish President to pay official visit to Cyprus

Polish President Aleksander Kwasniewski will pay an official visit to Cyprus between 16 – 17 March, Government Spokesman Kypros Chrysostomides announced today. He said an official welcoming ceremony will be held at

Pharmakas Board backs Gerik bid

The Board of Directors of Pharmakas Quarries (PHA) reviewed the public offer document submitted by Gerik Investments Limited and related parties for the acquisition of up to 100% of the issued share

Phone tax to wipe off CyTA cuts

The government is planning to slap a 10% tax on all telephone bills as part of the attempt to raise up to CYP 18 mln to cover the budget hole, which in

CSE transaction tax slashed to 0.15%

The Council of Ministers has approved a suggestion made by the Cyprus Stock Exchange Council to slash the transaction tax on stock trading to 0.15% as part of the drive to make