The Strategy and Transactions team of EY Cyprus undertook a lead financial advisory role on behalf of the Ministry of Transport, Communications and Works (“MTCW”) of the Republic of Cyprus in the successful completion of the transaction for the re-development of the Larnaca Port and Marina area between the Government of the Republic of Cyprus and Kition Ocean Holdings Ltd.

The Amending Law to the Assessment and Collection of Taxes Law (L.126(I)/2020) has introduced an obligation on all taxpayers to submit a personal income tax return, irrespective of their income.

The public consultation on “Vision 2035: Long-Term Strategy for the Sustainable Development of the Cypriot Economy,” was launched on Wednesday.

The antiquities department on Wednesday urged bathers and divers to be cautious when swimming in the Amathus area during works to showcase the ancient underwater port.

Cypriots or permanent residents of the Republic who have been vaccinated in non-EU countries may now obtain the EU Digital Covid Certificate (EUDCC), the health ministry said on Wednesday.

Croatia will impose obligatory Covid-19 tests for visitors coming from Cyprus, Britain and  Russia from July 26, the state health institute said on Wednesday.

The ministry of health said on Wednesday that by July 20, 70.4% of the adult population in Cyprus had been vaccinated with at least the first dose against Covid-19, while 61.6% completed their vaccination scheme.

The sector of physiotherapists has now joined the National Health System and recipients are able to have a number of physiotherapies compensated by the system.

Moody’s Investors Service has affirmed RCB Bank’s deposit rating and upgraded its outlook from ‘stable’ to ‘positive’, despite the pandemic-induced fragile economic environment.

A significant increase in air travel to and from Britain has been recorded in the week since quarantine restrictions were lifted in the UK, Hermes Airports said on Tuesday.