Economy

Building permits down 30.9% in September 2024

The number of building permits issued in Cyprus recorded an annual decrease of 30.9% in September 2024, according to data released Thursday by the...

Cyprus to implement green taxation by May, pending final changes

Cyprus government is entering the final stage of preparation for the implement of green taxation, which is expected to take effect by May, Finance...

Eurobank completes acquisition of 93.47% stake in Hellenic Bank

Eurobank S.A. has officially become the dominant shareholder of Hellenic Bank Public Company Limited, completing the acquisition of an additional 37.5% stake and bringing...

Cyprus FinMin calls for serious dialogue on US tariffs

The issue of US tariffs on steel and aluminium imports should be resolved through serious dialogue rather than countermeasures with no positive outcome, Cyprus’...

Commission backs Cyprus’ third Recovery Fund payment request

The European Commission has issued a positive preliminary assessment of Cyprus's third payment request through the Recovery and Resilience Fund, it was announced on...