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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 ...
The 400-capacity ferry MV Daleela will embark on the first passenger maritime link between Cyprus and Greece for two decades, conducting 22 round trips between Limassol and Piraeus this summer with a three-year agreement worth €16.4 million.
The legislation in Cyprus does not give the right to the Labor Minister to transfer the May 1 holiday, which is on Sunday, to Monday, as this will be done in Greece.
Cyprus’ fiscal accounts in the last quarter of 2021 generated a surplus of €37.7 million compared with a deficit of €648 million in the respective period of 2020.
Cyprus has enough wheat for human consumption to last for at least another three months despite shortages created in supply due to the Ukraine war, Agriculture Minister Costas Kadis said.
The government anticipates that the European Commission will soon give it the green light to roll out the ‘mortgage to rent’ scheme.
The Paphos branch of the association of hospitality venues (Sikap) on Wednesday announced that venue capacity in Polis Chrysochous reached 60% during April.
In March, thousands of British tourists returned to the island for a holiday break, helping arrivals recover to their best level in three COVID-affected years.
Life expectancy in Cyprus is 82.4 years, which is higher than the EU average of 80.4, having increased slightly compared with 2019 (82.3 years).
According to an announcement of the Health Ministry, all students and teachers as well as the rest of the school staff must bring a negative 48-hour rapid test upon their return to the units on Tuesday, May 3.
Health officials in the Republic of Cyprus reported that a young child was diagnosed back in February with acute hepatitis of unexplained origin, as cases emerge across the world and some experts fearing lockdowns could be the culprit.
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