Cabinet approves tax incentive bill in tangible step towards ‘brain gain’

Government Spokesperson Konstantinos Letymbiotis described the move as a show of the government's commitment

12:56 - 24 April 2025

Cyprus signs Double Tax Treaty with Curaçao

The Convention provides tax certainty and security to companies, organisations and individuals, the Finance Ministry says

12:37 - 24 April 2025

President Christodoulides announces incentives for Cypriots working abroad to return

The incentives will be presented to Cypriots working in the UK during an event in London on 21 May

11:27 - 24 April 2025

Markets rebound as Trump signals cutting China tariffs 'substantially'

Global markets reversed course following rump’s shift in tone on both China and Federal Reserve Chair Jerome Powell

07:47 - 24 April 2025

Fiscal surplus €1.4b in 2024, at 4.3% of GDP

In 2024, total revenue increased by €1,175.7m (8.6%) and amounted to €14,857.2m

07:40 - 24 April 2025

IMF downgrades Cyprus growth rate for 2025 to 2.5%

In contrast, the Ministry of Finance, in its 2025 budget, estimates the growth rate at 3.1% for 2025

07:51 - 23 April 2025

Egg prices up annually in EU and Cyprus to a lesser extent, according to Eurostat

In Cyprus, the price of eggs in March had increased by 1.2% compared to the same month a year earlier

07:53 - 22 April 2025

US stocks and dollar plunge as Trump attacks Fed chair Powell

Trump called on Federal Reserve chair Jerome Powell to cut interest rates "pre-emptively" to help boost the economy

07:46 - 22 April 2025

Retailers - supermarkets satisfied with Easter essentials demand

Increased prices in essential goods may be the reason why there was no increased consumer interest in other products

07:34 - 22 April 2025

The essential ingredients for Cyprus’ future as an international business and financial hub

A panel at the 15th Nicosia Economic Congress addressed some critical issues, including the strategic use of the potential of …

07:00 - 19 April 2025

Tourist arrivals up 7.5% in Q1, down 0.8% in March

At the same time trips abroad by Cypriot residents were up in March by 13.9%, CyStat said

14:52 - 17 April 2025

Cyprus-Germany Business Association holds networking event in Nicosia

It brought together professionals from various industries, preparing the ground for new business opportunities

11:40 - 17 April 2025

Makis Keravnos urges structured dialogue between EU-USA on tariffs

Finance Minister tells reporters that the government believes this is the only way to reach a mutually beneficial outcome

11:05 - 17 April 2025

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Economy

Cabinet approves tax incentive bill in tangible step towards ‘brain gain’

Cyprus signs Double Tax Treaty with Curaçao

President Christodoulides announces incentives for Cypriots working abroad to return

Markets rebound as Trump signals cutting China tariffs 'substantially'

Fiscal surplus €1.4b in 2024, at 4.3% of GDP

Cyprus GDP at €33,567m in 2024, growth rate at 3.4% in real terms

Growth forecast to be revised slightly downwards, Keravnos says

As billionaires abandon the UK, now is the time for Cyprus to showcase its non-dom benefits

Limassol district agrotourism enjoying wine and gastronomy boost

Maria Kouroupi on the summer season’s prospects following a positive winter

Cyprus recorded the second highest government surplus in the EU in 2024, according to Eurostat

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