BANKS It is only a matter of time before Parliament begins discussing a new tax on banks, aimed at supporting social groups and borrowers in need. File photo Banks contributed €427 million to Cyprus in 2025 Panayiotis Rougalas The opposition is once again reopening the issue of additional taxation on banks in Cyprus, an issue which the previous Parliament had indeed opened but ultimately failed to pass. READ MORE
Cyprus unemployment higher than EU average Examining the 2022 unemployment rates in Cyprus and EU's NUTS 2 regions Source: CNA 31/05/2023 | BUSINESS
Why are food prices so high in Europe? Agricultural and energy costs are falling, but basic items remain stubbornly expensive for consumers. Source: The New York Times 31/05/2023 | BUSINESS
Porsche Cyprus celebrates the Grand Opening of the new corporate architecture concept ''Destination Porsche'', in Limassol 31/05/2023 | BUSINESS
Ayia Napa marina expands with exciting new additions As a special highlight, the marina will host a series of events during the three-day Kataklismos celebration, with activities ... 31/05/2023 | BUSINESS
Divestments trigger a risk of backlash in the Recovery Fund The proposal to go to the Court of Justice to ascertain the final amount negates agreed reforms Panayiotis Rougalas 29/05/2023 | BUSINESS
EU launches innovative support center for Green Line trade The Commission plans to initiate the project in October 2023, commencing with the setup of a physical office after the ... Newsroom / CNA 29/05/2023 | BUSINESS
China's C919 takes flight to break the Airbus-Boeing duopoly China Eastern Airlines launches historic commercial flight of C919 jet, challenging Airbus and Boeing Source: Reuters 26/05/2023 | BUSINESS
