Economy

Cyprus Christmas villages revitalise mountain tourism

Visitor numbers to the Christmas villages have surged this year, offering a significant economic boost to Cyprus' mountain communities and bringing life back to...

Parties reach broad agreement on Cyprus tax reform package

Political parties appear close to finalising Cyprus’ tax reform package after intensive behind-the-scenes negotiations, with the House finance committee continuing closed-door discussions on Wednesday....

Audit Office: overpayments and zero oversight in transport projects

The Audit Office published a special report on the Ministry of Transport and the Road Transport Department, uncovering deep-rooted problems in public bus contracts...

Cyprus tax reform open to evidence-based suggestions

Finance Minister Makis Keravnos told the House Finance Committee on Monday that the government welcomes well-documented proposals on the Cyprus tax reform package provided...

Electric vehicle grants in Cyprus updated with lottery system

The transport ministry has announced the fourth call for subsidies under the national plan to promote electromobility, introducing major changes to the way electric...