Insider

Granting of “Special Leave” to parents working in the private sector for the care of children due to suspension of attendance at public and...

The further drop in the reduced VAT rate from 9% to 7% for a period of three and a half months, provided that the...

Constantinos Herodotou, Governor of the Central Bank of Cyprus (CBC), will hold a teleconference with the chiefs of the Cypriot commercial banks to discuss...

Uncertainty and fear sparked from the coronavirus outbreak brings back memories of 2013 when Cyprus suffered the shock of haircut on deposits and a...

A guide on the specifications of accommodation falling under the new bill regulating rentals through online Airbnb-type platforms has been drafted by the Deputy Ministry of Tourism. A...

Invest Cyprus has called for tenders for accounting, auditing and bookkeeping services to the island’s fledgling audiovisual industry. The contract concerns the provision of consultancy...

The net financial impact of the support package approved by the Council of Ministers on Sunday will bet  €450m, while another €250m will be...

The Cyprus government is putting the final touches on the financial package providing financial support to companies in response to the coronavirus. The package is...

Coronavirus has already affected imports and exports worldwide with a recorded slowdown in trade, Phileleftheros reports. And with Italy already under a national lockdown, economic...

Tourism will probably be the sector to be affected the most from the coronavirus, but the epidemic is also expected to hit consumption hard,...

The total value of building permits issued in 2019 increased by 81.4%, while the total area increased by 49.8%, mainly due to the permits...

The government is drafting a national fiscal package of measures based on three pillars to counter the economic consequences of the coronavirus epidemic, Phileleftheros...

Consumer visits to retail bank branches in Cyprus on Wednesday were at normal levels despite the coronavirus outbreak which has turned other sectors of the economy upside down,...

As the coronavirus threatens corporate profits and economic growth, some Cyprus Stock Exchange listed companies have already issued profit warning announcements. The epidemic is having a negative impact on...

Cyprus banks will have to exhibit more flexibility when it comes to hotel businesses financing because of the coronavirus spread which may lead to...

The Cyprus Chamber of Commerce and Industry (CCCI) announced on Tuesday it would initiate a series of meetings with competent ministers to discuss the...

The Cyprus economy has some buffers but limited resistance to tackle a potential economic slowdown because of the coronavirus, Phileleftheros reports. That’s why the government...

The fast spread of coronavirus worldwide and the first confirmed cases in Cyprus have led consumers to rush to supermarkets all over the island...

The funds used to purchase Malaysian Jho Low's €5m Cyprus villa under the island's passport investment scheme were wired from the Swiss Falcon Bank...

Of the 5600 applications submitted for Estia scheme, 507 applications were processed until last week, of which 250 are eligible, according to Michalis Kronidis,...

The Mediterranean island’s tourism industry is preparing for the worse now that coronavirus is spreading fast and two confirmed cases have been recorded in...