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Cyprus - Page 1003

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CYPRUS: Tourism benefits outweigh eco cost impact

The positive economic and tax benefits to Cyprus from tourism is estimated at €84 per visitor per night, according to a study by PwC and The Travel Foundation, adding that these far

15th October 2015
Cyprus

CYPRUS: MPs want Central Bank to resolve CHF loans problem

 * Banks to face 250 mln in losses if forced to convert loans to Euros * Parliament told the Central Bank of Cyprus and the commercial banks that they have ten days

15th October 2015
Cyprus

CYPRUS: Property prices start to stabilise in Q2

Property prices seem to be stabilising, according to Central Bank of Cyprus data, despite a continued decrease in the value of the relevant index for the 22nd successive quarter. However, in all

15th October 2015
Cyprus

WINE: Cyprus winemakers at La Sélection Swiss awards

La Sélection, an independent, open wine competition for all Swiss wine merchants and producers held on August 31 and September 1 at the Congress Centre Basel chose three Cyprus wines for the

15th October 2015
Cyprus

CYPRUS: UCy revises GDP growth to 1.3%, up from 1.1%

The recovery of economic activity in Cyprus is forecast to continue in the following quarters, according to the Economic Research Centre of the University of Cyprus, with real GDP growth for 2015

13th October 2015
Cyprus

CYPRUS: PhosAgro exec hearing postponed after no-show

Limassol District Court postponed the hearing on Monday to consider the serving of an indictment on Russian lawyer Evgeniy Mariashin (a shareholder and legal adviser to fertiliser giant PhosAgro and billionaire shareholder

13th October 2015
Cyprus

CYPRUS: President to promote business, property in China

President Nicos Anastasiades, accompanied by First Lady Andri Anastasiades, departs on Tuesday for Beijing where he will meet with the President of the People’s Republic of China, Xi Jinping, and will participate

13th October 2015
Cyprus

CYPRUS: €4.5mln a month in minimum income aid to 23,500

A monthly payout of 4.5 mln euros is distributed to some 23,500 beneficiaries in the form of the Guaranteed Minimum Income aid, which the government says is well within its budgetary capabilities.

12th October 2015
Cyprus

CYPRUS: Trade deficit narrows in Jan-Aug

The trade deficit narrowed to EUR 2.15 bln in the first eight months of the year, compared to 2.27 bln in the same period in 2014, according to the Statistical Service Cystat.

12th October 2015
Cyprus

CYPRUS: Chelco boosts tax unit, Tsielepis is new ‘VAT Expert’

Alexis Tsielepis, Managing Director of Limassol-based Chelco VAT Ltd., has earned the coveted Expert in European Value Added Tax (VAT) diploma after achieving the highest grade ever awarded in the history of

12th October 2015
Cyprus
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