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
Limassol company fined €8000 for oil pollution Authorities issue out of court fine on the spot Newsroom // | BUSINESS
Privatisation of Co-op may lead to the creation of a 'bad bank' The Finance Ministry deposited €2.5 billion in the CCB to allay fears over a bank run Newsroom / CNA 06/04/2018 | BUSINESS
Uber to suspend service in Greece after new legislation It operates a licensed service in Athens has faced opposition from local taxi drivers who accuse it of taking their business ... Source: Reuters 05/04/2018 | BUSINESS
UK diesel car sales slump by more than a third Sales were inflated in March last year, when customers brought forward purchases to beat a tax rise Source: Reuters 05/04/2018 | BUSINESS
J&P starts to pay workers again Saudi Arabia employees get paid but Cypriots have to wait a little longer Newsroom 05/04/2018 | BUSINESS
China retaliates for US tariffs, slaps duties on soybeans, planes, autos Beijing’s list of 25% additional tariffs on US goods to match the $50 billion targeted on Washington’s list Source: Reuters 04/04/2018 | BUSINESS
Cyprus Cooperative Bank gets €2.5 billion deposit Government boosts Co-op coffers as bidding investors contemplate options Newsroom / CNA 03/04/2018 | BUSINESS
Gross average monthly earnings begin to rise According to official data earnings were in negative territory for three years Newsroom 03/04/2018 | BUSINESS
Ukraine's Privatbank files $3 billion lawsuit against PwC subsidiaries Ukraine’s largest bank sues Ukrainian and Cypriot subsidiaries of international accounting firm PwC for alleged breaches Source: Reuters 02/04/2018 | BUSINESS
Strike-hit Air France expects 75% of flights to operate The flag carrier’s unions have called for action on Tuesday and on April 7 and plan further walkouts on April 10 and 11 Source: Reuters 02/04/2018 | BUSINESS
ECONOMY
