Cyprus VAT receipts decline 3.8% in April

Indirect tax receipts for April ’09 contracted by 5.7%, whilst receipts for the period January – April 2009 were 4.7% lower at EUR 756 mln according to the Department of Customs and

Future of Cyprus real estate looks brighter

Falling cement sales and rising unemployment in the construction sector suggest that construction in Cyprus is doing badly at present. But the future appears already to be brighter, according to the forward-looking

CyprusAid embarks on EUR4.4 mln aid programme

CyprusAid, the Development Cooperation Service of the Republic of Cyprus, is marking its fourth anniversary and looking forward to an active overseas aid programme in approved projects worth EUR 4.4 mln.  CyprusAid

Art sells in Cyprus, despite crisis

Psatharis auction raises €165,000 Psatharis Auction House held its fifth auction at the Hilton Hotel in Nicosia last week where 50 of the 88 works on offer were sold with a sale