Total deposits in January show monthly decrease

Total deposits in January recorded a net decrease of €211.3m, compared to a net increase of €977.4m in December 2024

08:00 - 28 February 2025

Cyprus signs €144m loan agreements with EIB and CEB for new Nicosia museum

The new museum is expected to be a landmark for showcasing Cyprus' rich archaeological heritage

07:59 - 28 February 2025

Tax reform should be ready by Autumn, Finance Minister says

Tax reform, Makis Keravnos said, "is the basis on which the economy's growth trajectory will continue"

07:52 - 28 February 2025

Sales of petroleum products down by 2.9% in January

A decrease was observed in the provisions of marine gasoil (-7%) and aviation kerosene (-5.8%) among other categories

07:19 - 28 February 2025

Industrial Production Index up by 3% in 2024

The most significant positive change was observed in water collection, treatment and supply (23%),

07:17 - 28 February 2025

Energy Minister has meetings on energy and investments in Abu Dhabi

Papanastasiou will also be participating in a roundtable discussion and highlight Cyprus’ advantages

07:50 - 27 February 2025

€72m loan agreements for new Archaeological Museum to be signed in Nicosia

During his visit, EIB Vice President Kyriakos Kakouris will also present the financial results of the EIB Group for 2024

07:40 - 27 February 2025

Keravnos on the Tax Reform's objectives and impact on the economy

The Minister of Finance was speaking at the presentation of the experts' recommendations on proposed the Tax Reform

15:04 - 26 February 2025

Nikos Christodoulides: The Tax Reform's goal is for Cyprus to be a pole of attraction for quality investments

The President was speaking at a presentation of expert recommendations on the proposed Tax Reform

14:31 - 26 February 2025

Tax Reform: Experts suggest an end to deemed distribution of dividends

Recommendations also include withholding tax on the distribution of actual dividends being reduced to 5%

14:18 - 26 February 2025

Increase in tax-free income for individuals to €20,500 among Tax Reform proposals

The taxable income for the €20,501-€30,000 bracket it is set at 20%, according to the Tax Reform recommendations

13:41 - 26 February 2025

Tax Reform: Experts suggest existing privileges for businesses are maintained, corporate tax raised to 15%

Non-dom status is maintained and expanded with an annual fee, among other recommendations

13:27 - 26 February 2025

Cyprus-Greece officials discuss coordination in tourism cooperation

It has been decided to establish a bilateral cooperation committee to exchange know-how on a number of issues

12:56 - 26 February 2025

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Economy

Total deposits in January show monthly decrease

Cyprus signs €144m loan agreements with EIB and CEB for new Nicosia museum

Tax reform should be ready by Autumn, Finance Minister says

Sales of petroleum products down by 2.9% in January

Industrial Production Index up by 3% in 2024

Iacovos Themistocleous on why his initial reaction to the proposed tax reform recommendations is neutral

Unemployment down to 4.6% in Q4 2024

Papanastasiou: TAQA interested in investing in GSI and ADNOC in the Cypriot EEZ

Why the Tax Reform is a positive equation for the business environment of Cyprus

What the proposed Tax Reform entails for businesses and households

How OEB, CCCI and TechIsland viewed the proposed Tax Reform - Ready to give their input

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