Nicosia - Barclays PLC (“Barclays”) has announced it intends to close its offices in Cyprus, in the context of a strategic restructuring and simplification of the Group. “Barclays PLC today…

Brussels - The European Commission sees the public debt of Cyprus dropping below 100% of GDP in 2016, Commission Vice President Valdis Dombrovskis has told the Cyprus News Agency in…

Nicosia - The Double Tax Treaty (DTT) signed between Cyprus and Switzerland on 25 July 2014 was entered into force on 15 October 2015 with the treaty provisions with respect…

Paris - Cyprus was recently awarded a tax compliance rating of ‘largely compliant,’ the same as the US, Italy, Malta, Netherlands, Germany, Singapore and the UK. The favourable rating was…

Nicosia - Cyprus’ Troika of international lenders is returning to the island tomorrow for its eighth evaluation of the country’s economic adjustment programme. The programme, which came as a prerequisite…

Nicosia - Emerald Coast Properties Ltd, the business interests of which are represented by Costas Tsielepis & Co Ltd, Chartered Certified Accountants, was honoured last night with the CIPA International…

Washington D.C. - The International Monetary Fund (IMF) has approved the immediate disbursement of €84 million to Cyprus following the fourth review of Cyprus’ bailout programme, commending the government for…

Nicosia, Friday 20 June 2014 - Cyprus formally returned to the markets this week after three and a half years with a 5-year €750 ml euro bond with a yield…

March witnessed the highest number of applications for company registration since February 2013, according to data released by the Department of the Registrar of Companies and Official Receiver. The Cyprus…

Despite last year’s events in the Cyprus banking sector, Cyprus continues to be the biggest foreign investor in Russia. According to information released by the Russian Central Bank and reported…