The ‘Cyprus Papers’ revealed by Al Jazeera that humiliated the administration should be a wake-up call to everyone on this island that the goose that lays the golden egg has long gone.
Demetra Kalogirou, head of the task force reviewing high-risk cases of ‘golden passports’ that were issued to convicted investors, is seeking legal advice to see if their Cypriot citizenship can be revoked.
Cyprus tourism revenue recorded a steep annual drop for the first six months of this year, data released by the Cyprus Statistical Service show. Revenue from tourism in June 2020 reached €6.7
Cyprus exports were down 23% in May, compared to the same month last year, while provisional figures for June showed a minor correction, with exports rising about 18% year-on-year, according to the
Cyprus Finance Minister Constantinos Petrides seems to have avoided, for now, worsening economic ties with Russia after he signed an amendment to the Cyprus-Russia double-tax treaty, that Moscow had sought to challenge
While Cyprus’ traditional squeaky cheese is being grilled in courtrooms across the world, the battle over what makes a halloumi is still brewing at home. The famous white cheese is in for
Economists in the north fear that Turkish Cypriots will face the full brunt of the Turkish Lira’s collapse, as their overdependence on imports and funding from Ankara leaves no room to set
Turkish Cypriots are being crushed under the weight of a collapsing Turkish Lira, as it continues to lose ground falling to an all-time low on Wednesday, with the Euro being traded at
Economic sentiment in Cyprus improved for the third month in a row in July, albeit at a slower pace after the March lockdown due to the Covid19 pandemic and subsequent deceleration of
The European Commission’s downward economic forecast for Cyprus is in line with the government’s low expectations as the economy will not be making a full recovery in 2021 as initially expected. According