Economy

VAT submission deadlines extended

First extension period The Tax Department announces extensions for submitting VAT Declarations and paying due VAT for the period ending November 30, 2024, plus the...

Gold prices rise after US captures Venezuela’s Maduro

Safe-haven demand lifts precious metals Precious metal prices have risen after the US capture of Venezuelan President Nicolás Maduro increased investors' concerns about geopolitical risks,...

Mousiouttas: Pension overhaul tops 2026 agenda

Labour Minister Marinos Mousiouttas appeared on "Protoselido" to discuss his ministry's 2026 agenda, highlighting minimum wage adjustments and a pension overhaul after decades without...

“Isotita” union seeks tax withholding adjustment

"Isotita" union's Board of Directors has formally requested the Accountant General of the Republic, Andreas Antoniades, to adjust payroll and tax withholding calculations based on...

€979 gross minimum wage starts today – is it enough?

Cyprus minimum wage rises today, January 1, 2026: €979 gross for monthly for new full-time hires (up from €900), €1,088 gross after six months...