The government will further support the growth of the financial services sector by bolstering the regulatory framework, strengthening supervision, and ensuring effective enforcement, said President Nikos Christodoulides. He pledged on Wednesday evening at
The General Healthcare System will be upgraded in September, with two private hospital Emergency and Accident departments joining the GHS, while authorities are introducing quality criteria for GPs. In comments to Phileleftheros
Sanctions imposed by the US and UK on Cypriot alleged ‘fixers’ has the services sector fearing their efforts to clear the island’s name from the golden passports scandal are in vain. Cyprus’
The cost of consumer goods and services in Cyprus continued to climb in June, on an upward spiral for the past 18 months, rising to 111.34 points or 9% on an annual
The economy is still counting its wounds from the war in Ukraine and EU sanctions imposed on Russia, leaving auditors, accountants and real estate agents assessing the extent of the damage. Tougher
Cyprus’ services sector cannot sustain another blow from new EU sanctions on Moscow over its invasion of Ukraine, as the EU targets services to Russian firms, said Foreign Minister Ioannis Kasoulides. Kasoulides
Lawyers, auditors, and accountants have taken a direct hit from the war in Ukraine and sanctions imposed on Russia, estimating revenues have shrunk 15% in the aftermath of the conflict. The EU
The government aspires to give Cypriots online access to public digital services from 2022 through a portal (gov.cy) constructed by the Deputy Ministry of Innovation and Digital Policy with UK expertise. Deputy
Cyprus’ economic sentiment improved in August from July, reflecting stronger activity in services but uncertainty remains, fuelled by the Covid pandemic. The Economic Sentiment Indicator (ESI), compiled by the University of Cyprus’
A total of 88 UK firms have been granted temporary permission to provide investment services in Cyprus, under the Temporary Permissions Regime (TPR), the Securities and Exchange Commission said. The TPR, launched
