Cyprus and the UK recently signed a double taxation elimination protocol which will allow individuals to choose within a set period of time, which basis of taxation they want to apply to their government service pensions.

The Industrial Turnover Index reached 131.8 units (base 2015=100) in September 2018, recording a significant increase of 10.8% compared to September 2017, the Statistical Service announced recently.

Construction activity registered an increase of 20.7% in 2016 compared to an increase of 0.2% in 2015, based on the production index of the sector.

Ayia Napa’s Nissi Beach has been placed 25th on a list of the world’s top 50 city beaches by Canada’s largest online travel agency Flight Network.

Hellenic Bank said recently it recorded a net profit of €295.9m in the first nine months of 2018, including negative goodwill of €297.9m from the acquisition of certain parts of the former co-operative bank.

We are delighted to announce that we have strengthened our presence in Western Europe with the acquisition of Jurispectrum, a niche business law firm which operates in Belgium and Luxembourg.

The Cyprus Tourism Organisation (CTO) is in the final stages of being wound down after almost 50 years in existence and will, as of the end of this month, cease to exist in its current form, chairman Angelos Loizou said recently.

The majority of tourists who visited Cyprus between June and September 2018 said they were satisfied to a great extent with their stay, a survey commissioned by the Cyprus Tourism Organisation (CTO) has shown.

EY has received an award from SAP at the 2018 SAP® Customer Experience Partner Awards Summit held in Barcelona in October. This recognition showcases excellence in driving SAP Customer Experience business, commitment to co-innovation and helping mutual customers achieve their goals.

Individual consumption per capita (AIC) in the EU in 2017 ranged from 54% of the EU average in Bulgaria to 132% in Luxembourg.