ECONOMY Tax audits bring in nearly €30 million as MPs press for tougher checks Newsroom Cyprus’ Tax Department says it pulled in almost €30 million over the past two years after stepping up audits on companies flagged as high-risk, according to testimony before the Parliamentary Audit Committee on Friday. READ MORE
Treppides Group joins London Hedgeweek Funds panel in Malta George P Nicolaou to offer insight on viable solutions for EU fund structuring and distribution 17/05/2018 | BUSINESS
Booming Cyprus breaks more tourism records Arrivals of tourists increased 9.7% in April reaching 314,143 - the most ever for that month Newsroom 17/05/2018 | BUSINESS
Thomas Cook buoyed by strong demand for Turkey, Greece, Egypt holidays Travel firm is shifting holidays from Spain to the East Med where Cyprus should also benefit Newsroom 17/05/2018 | BUSINESS
Cyprus has lowest annual inflation in the EU It registered the lowest annual inflation in the European Union for April 2018, with a rate of -0.3% Newsroom 16/05/2018 | BUSINESS
Cyprus GDP growth is creating more jobs Government says pace of economic growth will create full employment conditions by 2021 Newsroom 15/05/2018 | BUSINESS
Non-performing loans in banking system spike by €1.5 billion Tougher financial reporting sees bad loans exceed €22 billion Newsroom / CNA 15/05/2018 | BUSINESS
Co-op receives two bids in good bank, bad bank scenarios Commission clears acquisition of Altamira Cyprus by Co-op and Apollo Management Newsroom 14/05/2018 | BUSINESS
Israel eyes 5% claim of Cyprus' Aphrodite gas field If the sides fail to reach an understanding a solution will be based on estimated reserves 11/05/2018 | BUSINESS
Cyprus tourism income spikes 13% Visitors spent more and stayed longer during a holiday in February Newsroom 11/05/2018 | BUSINESS
All lights 'set on green' for end to Greek bailout Greece’s exit from a bailout programme looks set to proceed in August Source: Reuters 11/05/2018 | BUSINESS
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