State back online as IT servers dry out

Most of the state’s online services returned Wednesday after drying out following a water leak which flooded the basement of the Finance Ministry, knocking out e-governance servers and websites. Talking to state

2023 state budget debate begins

A three-day session of parliament to discuss the government’s 2023 state budget begins on Tuesday. The budget is the tenth and last under President Nicos Anastasiades’ administration. The budget provides for total

Homeowners cheated state of €16.2 mln VAT

Over 270 people, mostly foreign investors eyeing a Cypriot passport, benefited from the reduced rate of 5% VAT for first-time home buyers instead of paying the standard 19% rate, with state coffers

ExxonMobil urges state support for EastMed gas

Governments should provide the necessary support to increase energy supply from the Eastern Mediterranean, said ExxonMobil’s frontier exploration director Tristan Aspray. He told a panel discussion on energy supply and security in

The black hole of public tenders

Among the difficulties the Republic has, and apart from the unforgiving bureaucracy, there are increasing problems in awarding public tenders for infrastructure and other projects. Each government tries to promote infrastructure projects