Hundreds of Cypriot hotels operating without final licences could be granted a one-year “special temporary permit” under a new legislative…
District Organisations reject managing 220,000 apartments
A total of 219,635 residential units in 20,919 co-owned buildings across Cyprus are affected by legislation advanced in August 2023…
Reform cuts tax bills by up to €5,993 for families
Cyprus’s tax reform came into force this month, cutting tax bills and boosting disposable income for citizens, families and businesses…
Cyprus secures €1bn at historic low rates after €16.5bn investor rush
Cyprus raised €1 billion through a 10-year bond at a record-low interest rate after investors offered more than 16 times…
Market turmoil: Trump’s assault on the Fed and widening geopolitical flashpoints
By Michalis Florentiades* The dollar sustained pressure last week after the US Justice Department launched a criminal investigation into Federal…
Cyprus to issue 10-year bond as early as today
Cyprus is set to return to international markets in 2026 with a 10-year bond issue that could launch as early…
European Parliament sends EU-Mercosur deal to top court, freezing trade pact
The European Parliament threw a legal roadblock in front of the EU’s trade deal with Mercosur countries on Wednesday, voting…
European Parliament crushes attempt to weaken air passenger rights
European Parliament voted overwhelmingly on Wednesday to reject efforts by EU member states to weaken air passenger compensation rights, maintaining…
Turkey to fund 50-megawatt solar farm in occupied north Cyprus
The Turkish government is planning to construct a 50-megawatt solar park in the occupied areas of Cyprus, a project valued…
Cyprus securities watchdog imposed €2.3m in penalties during 2025
The Cyprus Securities and Exchange Commission imposed administrative penalties of €2.3 million in 2025 as a result of supervisory audits…