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Cyprus’ tax-free income threshold is set to rise to €20,500 per year, following the announcement of a set of sweeping tax reform plans by President Nikos Christodoulides on Tuesday.
The prospect of developing joint travel packages for markets such as China and the USA was a key topic of discussion when Deputy Tourism Minister Kostas Koumis met with Greece’s Minister of Tourism Olga Kefalogianni in Athens.
The Cyprus property market displayed stabilising trends in the fourth quarter of 2024, according to the RICS Cyprus Property Price Index by KPMG Cyprus, which tracks real estate price trends across all districts.
Cyprus is growing as a top choice for foreign direct investment (FDI) in Europe, said Invest Cyprus CEO Marios Tannousis. Tannousis addressed an i ...
Cyprus has fully embraced the pioneering National Healthcare System; the government said to mark the third anniversary of the NHS.
Approximately 885,000 passengers travelled through Larnaca and Paphos airports in May alone, a steep increase of 634,000 more than in 2021, airport operator Hermes said.
The seasonally-adjusted unemployment rate in Cyprus decreased to 5.4% in April, from 5.8% the month before and 8.4% a year ago, according to Eurostat.
The Cyprus Marine and Maritime Institute (CMMI) and the National Technical University of Athens have signed a Memorandum of Understanding aimed at future partnerships in the fields of maritime and marine research, technological development and innovation.
During last week's cabinet meeting, the council of Ministers decided to impose measures to help mitigate inflationary pressures on the general population.
An EU campaign aiming to help people make informed decisions about everyday food choices was launched in Cyprus on Tuesday.
The Limassol marina was ranked sixth of the most Instagrammed marinas in the world by Compare the Market website, one of the UK’s leading price comparison websites.
The proportion of tourists holidaying in Cyprus on package deals has decreased, with officials at the tourism ministry encouraged that the benefits of foreign visitors are now being distributed across the wider economy.
The villages of Vouni, Kalopanayiotis and Steni are the first to receive the Colourful Villages award, recently established by the deputy ministry of tourism.
The finance ministry on Monday signalled that it was drafting a second supplementary budget for this year, even as it awaited the green light from MPs for the first such budget.
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