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361. Repair and Prepare: EU unveils €750 bln plan for coronavirus recovery

The European Commission unveiled on Wednesday a plan to borrow on the market and then disburse to EU countries 750 billion euros in grants and loans to help them recover from their coronavirus slump, giving an immediate boost to the euro....

362. EU unveils guidelines for travel, tourism

The European Commission unveiled a series of measures aimed at ensuring people can start traveling safely across the continent again as governments try to revive tourism and airline industries brought to a halt by the coronavirus....

363. Cops bust door down in Paphos

Two foreign women in a Paphos apartment were arrested on Tuesday, after police officers broke down the door but failed to locate their initial suspect, who is thought by local media to have allegedly given cover to murder suspects...

364. Tax alert: Cyprus

365. SMS service 8998 back online

The SMS service 8998 was once again up and running on Thursday morning, with replies sent back almost instantaneously in both Greek and English...

366. Persons travelling for permitted reasons to fill in a form or send SMS

During the partial curfew to be enforced at 6pm on Tuesday for three weeks, those wishing to leave their home or shelter for any of the reasons falling under the exceptions to the travel restriction must either fill in a special form or send a text message to 8998....

367. Cyprus to ban flights from 28 countries

As of Saturday, flights to the Larnaca and Paphos airports from 28 countries will be banned, Health Minister Constantinos Ioannou announced on Tuesday night, noting that this stricter measure does not affect cargo....

368. British High Commissioner talks trade, free movement after Brexit

In an interview with the Cyprus News Agency, British High Commissioner in Cyprus, Stephen Lillie, talks about what tomorrow will look like, and what applies for Cypriot and British nationals living in both countries, which he said share a deep historical relationship....

369. Half of Cypriots say they're cybercrime-proof

Just over half of Cypriots stated they are well informed to protect themselves from cybercrime, a Eurobarometer released by European Commission on Wednesday showed....

370. EU tells UK it will 'never, never, never' compromise on single market

The European Union will “never, never, never” compromise on the integrity of its single market, its chief Brexit negotiator warned Britain on Monday, saying London must now face reality after underestimating the costs of leaving....

371. USA sanctions Cypriot firms for arms deals

Three Cypriot companies linked to a Serbian arms dealer are among foreign entities in the latest sanctions imposed by the US Department of the Treasury...

372. Uncertainty reigns across international tax landscape

373. Minister determined to fight ‘green line abuse'

The Cypriot government is cautiously moving forward with plans to reduce illegal migration to Cyprus through the north, including checkpoint stations and surveillance of remote areas along the Green Line...

374. Brexit deal agreed as EU summit begins

Britain clinched a last-minute Brexit deal with the European Union on Thursday, but still faced a challenge in getting it approved by parliament...

375. Cyprus fiscal surplus at 4.3% of GDP

Cyprus general government surplus was at 4.3% of GDP in the first eight months of 2019, mainly due to the increase in social contributions and revenue from taxes, according to the preliminary General Government fiscal results for the period of January-August 2019 released Friday by the Statistical Service of Cyprus. ...

376. Family of four locked up on theft charges

An entire family is in custody in Paphos after law enforcement officers stumbled upon a large quantity of goods that appeared to be stolen property...

377. K.Treppides & Co Ltd: Time Value of Money

What if a close friend asks today to borrow 1,000EUR with the precondition to repay the exact same amount in five years? Would you take the deal or not?...

378. Brexit no-deal preparedness: Final Commission call to all EU citizens and businesses

With 8 weeks to go until the United Kingdom's withdrawal from the European Union on 31 October 2019, the Commission has today – in its 6th Brexit preparedness Communication – reiterated its call on all stakeholders in the EU27 to prepare for a ‘no-deal' scenario. In light of the continued uncertainty in the United Kingdom regarding the ratification of the Withdrawal Agreement – as agreed with the UK government in November 2018 – and the overall domestic political situation, a ‘no-deal' scenario on 1 November 2019, remains a possible, although undesirable, outcome...

379. Trump’s yuan move makes a China deal much harder

The decision to label China a currency manipulator boxes in Donald Trump and Xi Jinping. The U.S. Treasury Department made the move after Beijing allowed the yuan to slide below the key level of 7 to the dollar. It’s the first such designation for the People’s Republic since 1994. The sudden escalation will make it harder for both sides to reach a trade truce...

380. Trump hits China with more tariffs, sharply escalating trade dispute

U.S. President Donald Trump vowed to impose a 10% tariff on $300 billion of Chinese imports from Sept. 1, sharply escalating a bruising trade war between the world’s largest economies and jolting financial markets. ...

381. Neo Plaza construction up for grabs

Companies from Greece and Cyprus are showing interest in building Neo Plaza, a price-slashing outlet mall in west Nicosia...

382. Chinese Ambassador to Cyprus: No one stands to win in a trade war

383. Barnier briefs Cyprus MPs on hard Brexit

384. Outlet mall coming to west Nicosia

A new strip mall just a few short miles west of Nicosia could bring huge discounts on brand items and clothing, while also raising zoning and road access issues for local communities....

385. Interview with Jeffrey Sachs

386. Cyprus 2019 GDP forecast at 3.3%

387. US charges Huawei with bank fraud, theft of trade secrets

388. Thieves pull off high fashion heist in Nicosia

Another burglary took place with thieves managing to get away with luxury clothing and expensive bags, this time in the capital with loot worth over 100 grand...

389. Big surprise at Nicosia Mall revealed

The name of a surprise entry at the Nicosia Mall has been made public, pinning IKEA directly against another Scandinavian competitor...

390. Cocaine bust dead in its tracks

A container with bananas from Ecuador turned out to be a secret cocaine shipment worth €4.5 million deliverable to a Cypriot company...