VAT to rise to 19% in Germany

Germany plans to increase VAT from 16% to 19% as part of a wider tax set of tax increases that aim to bring the big budget deficit under control. The new VAT

Cyprus fails to qualify for Eurovision

Cypriots were disappointed on Thursday night that Cyprus failed to qualify for the Eurovision Song Contest final which will take place in Athens on Saturday. In a tele-voting procedure, the semi-final for

Trouble brewing over Turkey

Enlargement Commissioner Olli Rehn warned again of a “train crash” between Turkey and the EU this Wednesday amid signs that Turkey has no intention of implementing the Ankara Protocol without a deal

Hellenic Private Banking on growth path

INTERVIEW Managing wealth is not an easy task, but at Hellenic Bank Private Banking, high-net worth individuals or those with more than CYP 50.000 to invest are promised a dedicated service, tailor-made

Market Talk May 17

Selling pressure The global equity market shake hit Athens and BOC shares trading in Greece, which in turn hurt sentiment on the CSE. The negative mood eclipsed the fantastic set of first