Tax inspectors will stake out businesses in coastal tourist areas this July and August, stopping random customers to check their…
Household or business: which eurozone countries offer the best deposit rates?
Cyprus ranks among the lowest in the eurozone for deposit interest rates, offering returns well below the European average for…
Cypriot firm snaps up €100m Brussels office block to be leased to European Defence Agency
Cypriot property company Easternmed Real Estate Capital Plc has acquired a modern office building in the heart of Brussels that…
President lays foundation stone to 29 affordable homes in Limassol as government aims for 436 units in 2026
Twenty-nine three-bedroom semi-detached homes built to high energy efficiency standards are set to go up in Pano Polemidia, Limassol, after…
Israeli tourist flights to Cyprus picking up but €700m loss forecast for the year
Israeli tourist flights to Cyprus are picking up after months of near-absence, but industry figures warn the damage to this…
Cyprus Central Bank governor says common EU debt could unlock deeper integration
Central Bank governor Christodoulos Patsalides has backed the creation of a common European safe asset, arguing that it would deepen…
ETEK proposes vacancy tax on long-empty Nicosia properties
The Scientific and Technical Chamber of Cyprus (ETEK) has proposed a new tax on properties left empty in central Nicosia…
Cyprus families and small firms to feel the pinch as ECB set to raise rates Thursday
Small businesses and borrowers in Cyprus face a fresh squeeze from an expected European Central Bank rate hike on Thursday,…
Public servants set for further pay rises in 2027
Public servants are expected to receive further pay increases next year through a 1.5% general rise, annual increments and cost-of-living…
ETEK asks Christodoulides to take charge of Nicosia centre revival
The Scientific and Technical Chamber of Cyprus (ETEK) has written to President Nikos Christodoulides asking him to personally take charge…