EU nationals still need work permits

Renewals can take months The Cyprus International Business Association in its latest “Intercom” issue has reminded members that non-Cypriot EU nationals still need a valid resident and work permit, or else face

Motor vehicle registrations decline

The Statistical Service announced that total registrations of motor vehicles decreased by 1.3% to 20,893 in January – May 2006, from 21,163 in January – May 2005. Private Saloon cars decreased to

Cyprus free of excessive deficit procedure

The European Commission decided on Wednesday to recommend taking Cyprus off the list of countries condemned for having an excessive deficit, which will make Cyprus the first new member state to achieve