Economy

Tax revenue up 10% in first ten months of 2024

The total revenue of the Tax Department recorded a 10% increase in the period January-October 2024 compared to the corresponding period of 2023, said...

Banks urge rejection of new tax – commited to apply measures

The Cyprus Banks Association has indirectly but clearly called on Parliament not to proceed with the proposed emergency tax on the banking sector during...

FT: France’s political crisis highlights Greece’s bailout success story

The political crisis in France underscores Greece's success story and the value of consistent reforms, according to a Financial Times opinion piece by columnist...

Housing loan interest subsidy scheme through GenAcc Office

According to the Ministry of Finance, the interest rate subsidy cannot exceed 2%. Borrowers can refer to the designated contact points for further information. Following...

“Bargaining” over emergency tax on banks not working

In anticipation of tomorrow's parliamentary vote on AKEL’s proposal for an emergency tax on banks, political parties are awaiting moves from the banking sector....