Cyprus to reopen airports from 1 March
Nicosia - Cyprus plans to reopen its airports with a colour-coded health risk assessment system from 1 March 2021, applicable to travellers from many of its main tourism markets and…
Arrivals in Cyprus plummet in 2020 due to Covid-19
Nicosia - The number of people who travelled to Cyprus fell by almost 80% in 2020 compared to 2019 while people departing from the country also recorded a drop of…
Costas Tsielepis & Co releases all-new website
Limassol - Costas Tsielepis & Co Ltd has just released its all-new website at www.tsielepis.com.cy. The website was redesigned, rebranded and rewritten from the ground up. It features an all-new…
Tax treaty negotiations between Russia and the Netherlands collapse
Moscow – The Netherlands disagrees with the Russian proposal to amend their tax treaty, as “it takes too limited account of real economic activities” the Russian News Agency (TASS) quoted…
Cyprus-Russia tax treaty amended
25 August 2020 - Cyprus and Russia have agreed on an amendment of their 1998 tax treaty, earlier this month. The agreement was reached following negotiations between the two countries’…
Deposits and loans in Cyprus on the rise
Nicosia - Deposits and loans in the Cyprus banking system registered a net increase in June with total deposits amounting to €47.8 billion and total loans to €32.2 billion. Data…
a multiple exposure of some piles of euro coins and a flag of the European Union
Cyprus raises €1 bln in double European bond issue
Nicosia - Cyprus raised earlier this month €1 billion in a double European bond issue through the reopening of existing bonds maturing on 3 December 2024 and 21 January 2040.…
Tax Portal is now live
Nicosia - The Cyprus Tax Department launched in early July its much-awaited digital Tax Portal, putting an end to tax payments at local district offices on 1 September 2020. The…
Cyprus announces new economic package to boost economy
Nicosia - President Nicos Anastasiades announced in a televised address last night a new set of economic measures to help businesses, the self-employed and employees soften the devastating financial effects…
Covid-19 gone from Cyprus in late May
Singapore - A Singapore University of Technology and Design study predicted that the Covid-19 virus will be eradicated in Cyprus in the second half of May. In a study published…