Various indicators only serve to confirm previous forecasts expecting the Cypriot economy to experience a slower growth rate throughout 2023, while managing to avoid a recession, according to a report released this week by the Centre for Economic Research of the University of Cyprus.
Read full articleOn the 4th June 2018 the Republic of Cyprus along with 21 other Member States and Norway agreed to sign a Declaration creating a European Blockchain Partnership for the specific purpose of establishing a European Blockchain Services Infrastructure. The ambition and underlying purpose of this European Blockchain Partnership, was to support the delivery of cross-border digital public services, enhance the security and privacy of this sector and (although not expressly stated) to prevent any potential calamities in the financial-blockchain sector.
Read full articleThe Finance Ministry on Wednesday announced that the Cabinet has approved a bill amending the Income Tax Law, allowing for an additional tax exemption, in the form of a capital deduction for specific capital expenditures, for Cypriot businesses who want to implement a range of energy-saving measures.
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