The central bank of Cyprus has redefined the definitions of the so-called “shell and letterbox companies”, in an attempt to tighten the directive for the prevention of Money Laundering and Terrorist Financing...
In a world where the focus is on ‘going green’ the role of renewable sources of energy is becoming increasingly significant. It would therefore be hard to ignore some of the initiatives set out by the European Union with regards to these renewable sources of energy...
Travelers who were scheduled to fly back on Cypriot carrier Cobalt Air will have to get their own one-way return tickets, following a company decision to ground all its flights...
