Compromise VAT bill on new homes

The government has retabled a bill for reduced VAT on first homes, aiming to find the sweet spot between MPs’ concerns and the European Commission, which has initiated infringement proceedings against Cyprus

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Off-duty UN peacekeepers banned from north

The UN peacekeeping force in Cyprus (UNFICYP) has banned all off-duty military personnel from going to the north following a ‘drunken romp’ at a Famagusta beach involving British soldiers. A UNFICYP spokesperson

Banking network shrinks by over half

Cyprus’ banking network has shrunk by a quarter in the past three years, as many branches have closed and the workforce reduced as banks go digital. According to the Association of Cyprus

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Afternoon hospital clinics go online

Afternoon outpatient clinics go live on Monday, two months after opening during weekends, to help relieve pressure on Accident and Emergency departments. It follows an agreement between the State Health Services Organisation

Zombie government and private jets

If we are lucky enough, we might spot the zombie government slowly waking up from its summer hibernation combined with effortless inertia to leave the country on auto-pilot. It seems to be

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Greece gifts Cyprus presidential jet

President Nicos Anastasiades warmly thanked Greece for donating a presidential jet during a handover ceremony held at Elefsina Air Base, outside Athens. President Anastasiades said that the aircraft donation is a generous

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Hotels fear staff shortages

Hoteliers said they had difficulty coping this summer due to 5,000 staff shortages, calling on authorities to intervene to resolve the issue before next year. In comments to news site Stockwatch, the

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Economy performing better than pre-COVID

Cyprus’ economy is on the rebound following two and a half years of coronavirus restrictions, as indicators perform better than in pre-pandemic 2019. According to data released by the Cyprus Statistical Services,

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