Tag: tax

Government to enforce law on football club debts

The President of the Republic’s instructions regarding football clubs’ and companies’ debts to the state are to enforce the law, stated Deputy Government Spokesperson...

Trump stirs tariff pot with fresh threats on EU

US President Donald Trump on Tuesday vowed to hit the European Union with tariffs and said his administration was discussing a 10% punitive duty on...

Extra taxation for banks unavoidable

The government expects additional revenue of €200–250 million in 2026 from the corporate tax increase to 15% for multinationals, passed by Parliament last Thursday. While...

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...

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Strong 6.1 earthquake strikes off Crete, felt across the region

A powerful 6.1 magnitude earthquake struck off the northeast...

Cyprus sizzles at 35°C today, dust arrives Sunday

Cyprus is in for another hot, sunny day today,...

Update: Cypriot woman jailed in Larissa for child abuse

A 32-year-old Cypriot woman has been remanded in custody...

Legendary producer Achilleas Theophilou dies aged 79

Achilleas Theophilou, one of the most influential figures in...
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