ECONOMY Eurostat data show the island has the EU’s lowest overcrowding and most affordable housing, even as prices soar elsewhere. Photo credit: Unsplash Cyprus defies Europe’s housing crisis with spacious homes and low costs Martha Kehagias Cyprus ranks at, or near, the extremes of several key housing indicators, often outperforming the EU average and even many comparable Mediterranean countries. READ MORE
A new billionaire nearly every day during the pandemic Covid-19 has been good for the wallets of the wealthy Source: CNN 23/05/2022 | BUSINESS
Cyprus exports up by 55% in Jan-Feb 2022 At the same time, total imports of goods from EU Member States and from third countries during the same period increased ... Source: CNA 23/05/2022 | BUSINESS
Bank of Cyprus posts net profit of €21 million in Q1 The bank also announced a record €618 million of new loans Source: CNA 20/05/2022 | BUSINESS
EY launches 2022 Better Working World Data Challenge to help tackle biodiversity loss 20/05/2022 | BUSINESS
Bank of Cyprus to reduce its employees by 500 in 2022 The bank plans to close 20 branches and reduce its staff by 15% Panayiotis Rougalas 19/05/2022 | BUSINESS
K. Treppides & Co Ltd: Digitalization of the Global Tax Administration What is it and what it means for the tax function? 18/05/2022 | BUSINESS
EY Cyprus offers Summer Internship Programmes to university and high school students 13/05/2022 | BUSINESS
Tax incentives for businesses looking to relocate to Cyprus The Cyprus government wants to attract talent and promote headquartering to benefit economy Source: CNA 10/05/2022 | BUSINESS
Trade deficit at €429 million in February and €729 million in March According to preliminary data published by CyStat Source: CNA 10/05/2022 | BUSINESS
Labor inspections island-wide during the month of May Ministry cracks down on undeclared labor Source: CNA 10/05/2022 | BUSINESS
