Cyprus - Page 2125

Standard & Poor's Ratings Services said it had raised the long-term sovereign credit rating on the Republic of Cyprus to 'A+' from 'A.' The 'A-1' short-term rating and 'AAA' T&C assessment were

According to the Inland Revenue Department (IRD) revenue for the period January – March 2008 increased by 7.8% YoY to EUR 445.8 mln from EUR 413.5 mln in the same period a

The decision by the CSE to adjust the price of Laser Investments (LAS.CY) following the introduction of the new shares has caused tremendous pain for investors who saw the price of Laser

The Council of Ministers approved the proposed increase in the minimum wage to EUR 743 (CYP 435) from EUR 698.82 (CYP 409) previously, recording an increase of 6.35%. The decision concerns secretaries,

Alexis Galanos, Mayor of the Turkish occupied town of Famagusta, has proposed that UN experts carry out a survey for the reconstruction of the fenced – off city of Famagusta, Varosha. The

The Karaiskakion Foundation, Cyprus’ Bone Marrow Donor Registry (BMDR), has been accredited to the World Marrow Donor Association (BMDW), having met its accreditation programme successfully. The Foundation is only the 13th bone

Piraeus Bank Cyprus has been swamped with applications from the public to open accounts during the first 80 days of its operations here, banking on the huge success of its “that simple”

The Cyprus government will impose a 15% VAT on the purchase of land, effective as of 1 July 2008, thus fulfilling its tax obligations towards the EU. The adoption of VAT on

Vassiliko Cement Works Pcl (VCW.CY) has signed a letter of intent with the Chinese company ‘CBMI Constructions Co Ltd’ (CBMI), for the construction of a new modern clinker production unit of 2m

Cypriot Minister of Finance Charilaos Stavrakis is rushing to the Ukraine on Monday, to lobby the Ukrainian authorities to remove Cyprus from their “tax blacklist”, while efforts are also under way to