Elias Hazou

Measures aimed at tackling the high cost of living will return, Finance Minister Makis Keravnos announced on Thursday, as zero VAT will be implemented on a number of products. His ...

Large corporations are running Turkish Cypriot properties in Larnaca’s Mackenzie area, raking in profits while not paying a single cent in fees for the privilege, MPs said on Tuesday. ...

Corporations that failed to disclose their ultimate beneficial owners (UBOs) within the prescribed deadline, and which got slapped with heavy fines as a result, will see these fines scrubbed and ...

The government on Monday poured cold water on a proposal to tax the interest earnings of banks, arguing that such a step would adversely impact the financial system. Officials and ...

A government bill proposing an across-the-board pay rise for public-sector workers got more pushback from opposition MPs on Monday, with the Disy party in particular looking determined to veto the ...

The escape of lifer Doros Theofanous while on a home visit was the latest scandal to rock the government, getting the president to act uncharacteristically tough by sacking three senior ...

The United Kingdom and Cyprus will hold talks in London next month aimed at drawing up a bilateral defence cooperation agreement, the British High Commission in Nicosia said on Thursday. ...

The government on Thursday submitted to parliament the state budget for fiscal year 2025, with projected total expenditures of €12.9 billion and revenues of €10.3 billion. Direct and indirect taxes account for €8.48 billion, ...

Citing the falling inflation rate, Finance Minister Makis Keravnos made it absolutely clear on Thursday that any remaining relief measures would get scrapped by month’s end. The minister recalled ...

On October 10 the anti-corruption authority will begin hearing an alleged corruption case implicating Edek leader and MP Marinos Sizopoulos, media reports said on Monday. Brought to light by a former ...

State officials on Monday pleaded with MPs to quickly pass a bill approving a 1.5 per cent general increase in the salaries of public-sector workers, but some lawmakers pushed back. The 1.5 ...

Municipalities will retain responsibility over dangerous buildings until the end of March 2025, under a last-minute law passed by parliament on Thursday. The law passed is based on a legislative proposal ...

Lawmakers and the government on Thursday managed to find a sweet spot on two ways with which to soften the impact of steep traffic fines on motorists. The two changes ...

Around 14 per cent of gainfully employed households in Cyprus were at risk of poverty in 2023, according to data published Thursday by the Statistical Service. This 14 per cent corresponded to 127,236 persons, ...

President Nikos Christodoulides’ popularity has dipped so low that it currently fares worse than that of Demetris Christofias in the aftermath of the 2011 Mari naval disaster, a new survey has ...

People living near the Dhekelia power plant expressed their frustration on Monday at the pollution spewed out by the outdated facility, but energy officials said there is no way to ...

Media on Monday speculated on the career prospects of Odysseas Michaelides after his sacking from the post of auditor-general, with one newspaper suggesting he might author a book on the ‘...

Key talks were underway on Monday between the respective energy regulators of Cyprus and Greece and the project promoter for the electricity connector linking the two countries, while a senior ...

Over the past few months authorities have detected and seized a series of large quantities of cannabis, whose carriers tried to smuggle it through Larnaca airport. And although the amounts ...

The administrative court on Thursday threw out a recourse filed by a number of pharmacies seeking to challenge a ministerial decree that regulates opening hours. In its verdict, the court ...

The matter of dangerous buildings and who is responsible for demolishing them has become a sore point between the new-fangled district self-governing organisations (EOA) and the municipalities, it emerged in ...

Limassol municipality officials informed MPs on Thursday that they have just vetoed the creation of bus lanes along a major avenue inside the coastal city, as it would have exacerbated ...

The government on Tuesday green-lit Cyprus’ participation in the Great Sea Interconnector – the commercial name for the mooted subsea electricity cable linking the island to Crete. The decision was announced ...

Lawmakers on Monday continued grappling with the complex issue of pensions paid to currently serving state officials who also draw a salary, with the attorney-general’s office pouring cold water ...