Economy

Plenary to vote on 15% minimum tax for multinationals, one-year extension may be granted

The Ministry of Finance has expressed its opposition to granting any extension, citing the number of companies involved

07:12 - 12 December 2024

Agriculture Minister discusses ways to support drought-hit Cypriot farmers with Commissioner Hansen

Minister Maria Panayiotou discussed the problems with the European Commissioner for Agriculture and Food

11:24 - 11 December 2024

Piki welcomes official launch of KREAB's international rebranding of Cyprus

Deputy Minister to the President, Irene Piki, posted about the campaign on social media

10:22 - 11 December 2024

A look at which tourists to Cyprus spend the most and which stay the longest

Regarding the five main players in tourism this year, visitors from Israel spend the most money and Greeks the least

08:07 - 11 December 2024

Trade deficit down significantly by €1.18b in first 10 months of 2024

The trade deficit was €6,374.4m in January–October 2024 compared to €7,555.9m in the corresponding period of 2023

07:37 - 11 December 2024

Progress on energy tax negotiations provides balance says Finance Minister at Ecofin

Ministers at Ecofin were also informed about the progress in the negotiations on the reform of the customs union

07:34 - 11 December 2024

'Prometheus' to set sail in coming days, Minister says

Minister of Energy, Commerce and Industry George Papanastasiou says there are still details to be addressed

14:34 - 10 December 2024

President announces Interministerial Committee for pension system reform

The Committee will be chaired by the Labour Minister and include, among others officials, the Finance Minister

07:42 - 10 December 2024

Vehicle registrations down November, up for the the eleven month period

Despite the November dip, from January to November 2024, total motor vehicle registrations climbed 10.1% y-o-y

07:40 - 10 December 2024

Consumer satisfaction reached 94.44%, Cyprus’ ECC says in 2023 annual report

Over 710 primary school students also benefited from Cyprus' ECC 'Safe Online Shopping' education programme

07:38 - 10 December 2024

USA and Cyprus reaffirm shared commitment to countering illicit finance

The FBI and DOJ have shared their extensive experience with their Cypriot counterparts

13:17 - 09 December 2024

NEWS FEED

10 hours agoEconomy

Finance Minister: Economy resilient despite rising inflationary pressures - "Surpluses exist to serve our needs"

10 hours agoCompanies

“Advertising at a Turning Point”: The first SDEK Conference comes to Cyprus

11 hours agoCurrent Affairs

NDLGO and EYATH sign €257,699 contract to modernise water infrastructure management

12 hours agoTechnology

Ramses Gallego opens a new chapter in cyber resilience

ALL NEWS

Panayiotou in Brussels for EU Council, to meet Commissioners Kadis and Hansen

EU Ministers will discuss Council Regulations on 2025 fishing opportunities in the Atlantic and North Seas, Mediterranean and Black Sea

09:00 - 09 December 2024

President unveils €105m projects for Kato Pyrgos, Polis and Latchi

Projects worth €55m for Tillyria and Polis Chrysochous and €50m for the expansion of Latchi harbour were announced

08:21 - 09 December 2024

Finance Minister in Brussels for Eurogroup and Ecofin meetings

Eurogroup Finance Ministers will discuss international economic developments in the presence of the British Chancellor of the Exchequer

07:57 - 09 December 2024

Beer deliveries down 33% in November year-on-year

Total beer deliveries in November stood at 2.12 million litres compared to 3.16 million in the same period last year

07:53 - 09 December 2024

Finance Minister highlights importance of tax reform in efforts to strengthen the economy

Makis Keravnos also has said that reform is a crucial step towards achieving a fairer and more efficient tax system

07:46 - 09 December 2024

President and Finance Minister hail Fitch upgrade, pledge to continue sound policies

President Nikos Christodoulides described the upgrade as an acknowledgement of the country's positive course

07:40 - 09 December 2024

Transport Minister says 2024 already a record year in passenger traffic

Minister Alexis Vafeades has expressed his satisfaction with this year's passenger traffic results

07:38 - 09 December 2024

New study places Cyprus in second place among region's top three innovation economies

Cyprus moves up a place to 27th position in WIPO’s Global Innovation Index 2024

07:17 - 07 December 2024

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