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
Elliniko: The President of the Republic of Cyprus, Nikos Christodoulides, was proclaimed an Honorary Citizen of the Municipality of Elliniko – Argyroupolis at a special ceremony held at the Olympic Aviation Square in Elliniko. According to Cyprus News Agency, Mayor Ioannis Konstantatos presented the Golden Key of the City to
Washington: PSEKA President Philip Christopher presented the honorary “Paul Sarbanes” award to former Speaker of the US House of Representatives Nancy Pelosi for her contribution to strengthening US-Cyprus relations, on the sidelines of the 40th Annual PSEKA Cyprus Conference, taking place in Washington, D.C. According to Cyprus News Agency, after
Athens: The growth and continued success of the country’s maritime sector was praised by President, Nikos Christodoulides, during his speech at the General Assembly of the International Chamber of Shipping held in Athens. ‘We are proud of the remarkable growth and the continued success of our maritime sector and we
Larnaca: Passenger traffic at Larnaca and Paphos airports surpassed, for the first time, 4 million during the period January to May 2025, recording an increase of 12.02% compared to 2024, according to a press release issued by the Ministry of Transport, Communications, and Works. According to Cyprus News Agency, in
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
