Cyprus trips abroad rise by 12% in 2008

Trips abroad by residents of Cyprus rose by 12% in 2008 to 1,209,79, compared with 1,080,512 in 2007. This was a much better performance than tourism arrivals , which fell by 0.5%

Cyprus tax revenue up 0.8% in 2008

Total tax revenue collected by the Inland Revenue Department (IRD) in 2008 increased marginally by 0.8% Year-on-Year to EUR 2.15 bln compared to EUR 2.13 bln in 2007. Corporation tax revenue saw