In 2022, the real monthly gross earnings of employees in Cyprus experienced an annual decline, marking the first such decrease…
Italy’s welfare unsustainable on current demographic trends
Italy will no longer be able to afford its welfare system unless it halts its demographic decline, Prime Minister Giorgia…
Cyprus tourism revenue rises by 26.9% in 2023
Revenue from tourism saw a surge of 26.9% during the January to July 2023 period when compared to the corresponding…
Government contemplates additional ‘green tax’ on fuels
As the government explores new relief measures for citizens to combat the continuous price increases, including the possibility of reducing…
Record increase in checkpoint crossings in 2023
News reports in the Turkish Cypriot press have indicated a significant surge in crossings through checkpoints in Cyprus in 2023.…
RSM Cyprus: Five Years of Success in Cyprus
RSM Cyprus celebrates five years of a successful presence in the Cyprus market. The commitment and professionalism of our respected…
Opinion: Limassol port – The ideal service centre for the region’s oil and gas operations
Simon Pitout* With demand for natural gas and alternative energy sources on the rise, Cyprus’ location at the crossroads between…
Donald Trump’s business empire in peril as civil fraud trial opens in New York
Donald Trump and his family business are set to stand trial in New York on Monday in a civil fraud…
UK finance minister Hunt rules out near-term tax cuts
Britain’s finance minister Jeremy Hunt ruled out near-term tax cuts ahead of a mid-year fiscal statement due on Nov. 22,…
President Christodoulides welcomes Moody’s upgrade of Cyprus to ‘investment grade’
Moody’s Investors Service has raised Cyprus to ‘investment grade’ after 11 years of lingering in junk mode and President Nikos…