The floating natural gas storage and regasification unit (FSRU) Prometheas is currently undergoing the last technical inspections and the necessary…
Tax deductions of millions to thousands of golden boys
Last June, the Parliament adopted a bill with further relaxations for third-country workers who are paid high wages. The changes…
Cyprus: €500m lost revenue in past five years from reduced VAT rate on main residence
Cyprus lost some €500 million in revenue in the past five years from the 5% reduced VAT rate on the…
The Future of Fintech Summit 2023
Aivitam Ventures, together with Forbes Cyprus, invite you to Forbes Cyprus The Future of Fintech Summit, a global offline fintech…
Unions, consumers associations in Cyprus demand higher national minimum wage
In view of the ever-rising inflation in Cyprus trade unions and consumers associations jointly demand the increase of the national…
Cyprus: Real monthly wages drop for first time in 7 years
In 2022, the real monthly gross earnings of employees in Cyprus experienced an annual decline, marking the first such decrease…
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.…
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…
Meta’s Instagram, Facebook to charge EU users for ad-free service
Meta Platforms META.O is looking to introduce ad-free subscription plans for Instagram and Facebook users in Europe, two people familiar with the…