The increase of the efficiency of the Tax Department, both for the collection of taxes and for the service of the public is of the utmost importance, stressed the Minister of Finance Konstantinos Petridis, during his visit today to the Nicosia District Tax Office.

With the first €157m already paid in advance from the Cyprus Recovery and Resilience Fund, the country still has a long way to go to complete the reforms and investments required to unlock the next €85m which is due to be received in February 2022. The estimated total cost of the Cyprus recovery and resilience plan amounts to €1.2 billion, but the reforms and investments must be made with the milestones that have been set, and must also be completed.

The private sector is set to lead the roll out of green hydrogen by investing in its production so that it can be used in the sectors of transport and industry.

Delta variant of coronavirus remained dominant between late June and September 12, the health ministry said on Wednesday, being detected in all the recently tested samples.

The Cyprus parliamentary Committee on Finance and Budgetary Affairs examined on Monday the fourth supplementary budget for 2021 amounting to €91.7 million, providing for expenditure associated with the Covid-19 pandemic and its economic impact.

The percentage of Cypriots aged between 20-24 that attained at least an upper secondary level of education last year stood at 77%, according to Eurostat.

The Cyprus Basketball Federation (CBF) has unveiled its candidacy to host the Group Phase of the FIBA Eurobasket 2025 in Limassol.

EY Cyprus is pleased to announce the launch of the EY Entrepreneur Of The Year™ program for the first time in Cyprus. With this launch, the ultimate global competition for entrepreneurs officially opens today for nominations. Entrepreneurs from emerging businesses to established international groups, from all sectors of the economy across Cyprus, are invited to submit their nominations between now and 31st October 2021.

Cyprus is working towards an efficient, greener and value-oriented industry sector, Minister of Energy, Commerce and Industry Natasa Pilides said on Monday.

Referrals issued by personal doctors for specialists will only be good for two visits from October 6, the Health Insurance Organisation (HIO) said on Monday.