Insider

A general implementation on loan repayments will not be considered as restructuring and the banks are not to assess a possible loss in the...

The state needs to preserve its fiscal buffers and must not spend all of its reserves early as no one can predict the extend...

The announcement of Fitch rating agency on Cyprus long term rating highlights the government’s responsible management both of the economy and the public finances...

Fitch has revised Cyprus' outlook to stable from positive to reflects the significant impact of the global COVID-19 pandemic on Cyprus's economy and on...

A consortium of IT, software and Fintech companies have donate medical supplies and money to strengthen the preparedness of the Cyprus medical system to...

The Russian Federation’s proposal to increase the withholding of tax for dividends and interest income was submitted to all EU member-states with which Russia...

Hellenic Bank said on Friday it is deploying a strategic plan to support the public and the economy from the adverse consequences of Covid-19. As...

There are no political considerations in Russia's request to amend the double taxation avoidance agreement between the Russian Federation and the Republic of Cyprus,...

Discussion before Friday’s House plenum on a government scheme to guarantee loans worth €2bn has been postponed since political parties are set to submit...

Remote electronic bank transactions are on the rise in Cyprus due to the coronavirus outbreak with less and less clients opting to have physical...

The Ministry of Finance and services sector professionals in Cyprus are puzzled over the ultimatum sent from Moscow demanding the renegotiation of the double...

Cyprus Finance Ministry Permanent Secretary called on Ministries to slash public spending this year ahead a pending budget overhaul due to the crisis caused...

As part of broader efforts to ensure the safety and wellbeing of its customers and staff alike from Covid-19, and in line with its...

Cyprus inflation rose 0.7% in March as the Statistical Service of Cyprus reported on Wednesday. In March 2020, the Consumer Price Index increased by 0.11...

The two largest banking institutions on the island, Bank of Cyprus and Hellenic Bank, told CNA on Thursday that until this morning more than...

Stelios Haji-Ioannou, the founder of easyJet, has called for a board meeting to remove independent non-executive director Andreas Bierwirth. The British budget airline said it...

FAQ 1. Where can I find the form? The form can be found here: http://mof.gov.cy/assets/modules/wnp/articles/202003/615/docs/ekdilosi_endiaferontos.docx 2. How do I submit the form? Can I send it by email or...

Opposition parties in Cyprus are putting pressure on the government to further boost the real economy which is suffering from the coronavirus effects by...

Bank of Cyprus announced on Wednesday a list of measures to help tackle the financial consequences of the Covid-19 crisis, noting that employment, equal...

Moscow has officially informed Nicosia that the double taxation treaty between the two countries needs to be renegotiated, Phileleftheros reports. The request from Russian Deputy...

Many businesses in Cyprus will collapse now that everything has been shut down in order to slow the spread of the coronavirus, Zorbas Bakeries...