Nicosia: President Nikos Christodoulides has expressed condolences to the Prime Minister of India Narendra Modi over the crash of an Air India aircraft after takeoff. “I express my heartfelt condolences to you and the people of India following the devastating loss of Air India Flight AI171,” President Christodoulides said in
Nicosia: Reducing public debt below the 60% threshold by the end of 2025 is his personal goal, Finance Minister Makis Keravnos said on Thursday. He added that the Cypriot economy recorded the highest growth rates in the Eurozone ‘thanks to responsible fiscal policies’. According to Cyprus News Agency, in his
Nicosia: The plenary of the House of Representatives unanimously amended, on Thursday, the VAT law to align with an EU directive concerning the special scheme for small enterprises. The special scheme, as it previously stood, allowed VAT exemption only for businesses established in the member state where the VAT was
Nicosia: European banks are being held back by over pound 1 trillion in idle capital due to fragmented regulation, CEO of the European Banking Federation (EBF) warned on Wednesday, urging EU policymakers to shift from rigidity to pragmatism to avoid falling behind global competitors. According to Cyprus News Agency, speaking
Nicosia: Cyprus Minister of Energy, Commerce and Industry, George Papanastasiou has travelled to Marseille to represent Cyprus at the 2025 Raisina Mediterranean international geopolitical conference, taking place on June 12 and 13. According to Cyprus News Agency, the conference is the first Mediterranean edition of the Raisina Dialogue, one of
Nicosia: The Cyprus Stock Exchange (CSE) All Share Index closed at today’s stock exchange meeting with notable outcomes. According to Cyprus News Agency, the trading activities at the CSE saw a traded value of 201,808.62 euros. The indices base values stood at FTSEMed=5000 and Others=1000, indicating the current position of
