A total of 50 major infrastructure projects all across Cyprus are included in the 2021 annual budget but not all will kick-start within the upcoming new year.

Cyprus health authorities reported 20 new cases of SARS-CoV-2 on Sunday, with the total since the coronavirus pandemic started in March passing the 2,000 mark to reach 2,006.

The traditional Cypriot smoked and salted cured pork meat Chiromeri Pitsilias from the mountainous area of Troodos has gained the Protected Geographical Indication (PGI) status.

Powering through this challenging year at Trilogy Limassol Seafront. Working relentlessly; committed to delivering on our promise.

This week’s newsletter offers a glimpse of the most frequent joint ventures, mergers and acquisitions (M&A) transactions involving Cypriot entities, followed by a link to the relevant content on our website, which addresses each transaction in greater detail.

Cyprus wines have proven their worth at the Decanter World Wine Awards (DWWA) held in London in August. Results were announced in late September.

Leading employers believe the controversial Cyprus passport for investment scheme should be maintained, improved and its resources redirected from property deals to funding industry as well.

The island’s Ministry of Finance forecasts a budget deficit for the period 2020-2023 and an increase in public debt as a percentage of GDP in 2020 due to fresh economic conditions sparked by the coronavirus.

Labour Minister Zeta Emilianides on Thursday unveiled government schemes worth €31m aimed at supporting employment, as Cyprus feels the squeeze of the coronavirus crisis.

EY Cyprus is pleased to announce the launch of TaxLegi, a specialised monthly newsletter (blog) that provides insights and EY perspectives mainly on Tax and Legal aspects, utilising both current news and blog articles produced by our Tax and Legal team.