business

Cyprus-Russia tax deal good for business

Cyprus’ re-tweaked deal with Russia to avoid double taxation is good news as terminating the agreement by Moscow would have hurt the economy in sparking an exodus of Russian businesses, tax experts

COVID19: Cyprus spends €1 bln to support business

Cyprus Labour Ministry expenditure exceeded €1 bln in the first seven months of 2020 due to furlough schemes to support employees and businesses affected by the coronavirus pandemic fallout. According to the

Business sentiment improves, consumer confidence low

While business sentiment in Cyprus improved during August, increasing by 1.9 points from July, consumer confidence weakened considerably, according to the University of Cyprus Economic Sentiment Indicator. The indicator reached 81.6 points

Banks are no longer business-friendly

Gather the CEOs of any business and the first topic of conversation is how banks are mistreating them, how banks are late in their response and inflexible, how frustrating it is to

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