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: A warm air mass is currently influencing the sea area around Cyprus. According to Cyprus News Agency, The Cyprus Department of Meteorology has forecasted fine weather with some localized low cloud cover for the period from noon on June 12 until noon on June 13, 2025. Despite the generally
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
Glyfada: The President of the Republic of Cyprus, Nikos Christodoulides, announced a potential new beginning for resolving the long-standing Cyprus problem during an award ceremony for his contributions to Pontian Hellenism. The event, which took place in Glyfada, marked a significant moment as Christodoulides shared his optimism about breaking the
Nicosia: Cyprus’ economy has shown remarkable resilience and adaptability despite repeated global shocks, while its banking sector continues on a path of stabilisation and strengthening, Central Bank Governor Christodoulos Patsalides said on Thursday. Addressing the Annual General Meeting of the Association of Cyprus Banks, in Nicosia, Patsalides praised the country’s
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
