Power outages affected several areas of Nicosia on Friday due to a technical fault in the Electricity Authority of Cyprus…
Cyprus seeks OECD expertise to fix affordable housing problem
A delegation from the Organisation for Economic Co-operation and Development (OECD) concluded a three-day mission to Cyprus on Friday, aimed…
What changes for businesses after tax reform
Cyprus’s tax reform, which took effect on 1 January, raises the corporate tax rate from 12.5% to 15% whilst slashing…
Which countries bought Cyprus’s €16bn record-breaking 10-year bond?
International investors accounted for 80% of orders for Cyprus’s €1 billion 10-year benchmark bond issued on Wednesday, according to the…
Cyprus records €653.6 million surplus as public spending surge narrows fiscal lead
The Republic of Cyprus achieved a General Government surplus of €653.6 million during the third quarter of 2025, according to…
Bill would grant temporary ‘legal status’ to hundreds of non-compliant hotels
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…