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121. Tax alert: Cyprus

122. SMS service 8998 gets the axe

The SMS service, operated by the government to enforce movement restrictions amid the coronavirus crisis, was back up and running smoothly on Wednesday morning, while the President of the Republic has warned that a total curfew would be in place if people abuse the service...

123. President: Unnecessary travel strictly prohibited, violators to be fined

Addressing the nation on Monday night for the second time since the coronavirus pandemic broke out in Cyprus in early March, President Nicos Anastasiades announced that all unnecessary travel will be banned as of 6pm on Tuesday until April 13....

124. Pressure mounts to increase measures

A crucial meeting at the Presidential Palace on Monday is expected to discuss whether tighter measures are needed in the fight of the coronavirus pandemic, following reports over the weekend that people were defying public health advice...

125. Health Minister: better safe than sorry

The top priority at the moment is to ensure the health of each person individually and of the public as a whole, Health Minister Constantinos Ioannou said on Friday, stressing that “I prefer to take painful decisions, even if they prove excessive in the end, rather than to remain unprotected.”...

126. Government: Supermarkets closures, curfew not on the table

Health Minister Constantinos Ioannou said in a tweet on Thursday that the government has no intension of shutting supermarkets, urging the public to avoid clustering in supermarkets....

127. Mixed signals in fight against coronavirus

There were no clear signals this week in the fight against the coronavirus spread in Cyprus, with more confirmed cases causing alarm and the government having to shift gears on many fronts...

128. Financial measures tackle coronavirus in Cyprus

Measures of Financial Support to address the Impact of the Coronavirus have been announced by the Government of the Republic of Cyprus...

129. Cap on purchases of antiseptic products enforced by several supermarkets

The Cyprus supermarket association said on Monday it was scrambling to persuade all supermarkets to enforce a cap on the amount of antiseptic products that may be purchased by each consumer in a bid to prevent the impending depletion of stocks....

130. Cypriots hunker down to beat virus

Cyprus is going all out to beat the coronavirus after restrictive measures taken gradually north and south against the pandemic proved to be no match for the spread of the infectious disease...

131. Coronavirus thrusts Cyprus into consumerist frenzy

The coronavirus outbreak has brought on a widespread consumerist frenzy across the island. Market research by Kathimerini found that retailers saw a skyrocketing of sales to the tune of over 400% compared to the corresponding period last year, even surpassing sales during the Christmas period....

132. Confirmed cases continue to rise, total reaches 14

The coronavirus outbreak continued to grow on the island on Friday after four additional coronavirus cases were confirmed, raising the total to 14 in government-controlled areas, while three new cases in the north raised the figure to five....

133. Health Minister issues decree banning gatherings of over 75 persons

A decree issued by the Health Minister on Wednesday solidified the government decision to ban public and private gatherings of over 75 persons....

134. Greece reports fourth COVID-19 case, Eurozone says 'ready to act'

As health authorities confirmed the fourth case of coronavirus in Greece on Friday, the Greek government pressed forward with its drive to contain its spread. ...

135. Exceeding expectations

In the eight months of its operation, Nicosia Mall has surpassed expectations. Following the triumphant opening in November 2018 and the resounding welcome by consumers, the capital’s newest shopping mall has been steadily and assuredly pulling in crowds and converting them into devoted customers. The outstanding traffic as well as the levels of satisfaction and observed visitor loyalty, which are examined on a quarterly basis through surveys, are a testament that a thoughtfully planned retail destination and a customer centric approach can yield success. Most importantly, the data available foretells a bright future ahead...

136. Britain is the world's largest importer of Cyprus Halloumi

137. Cypriot drug companies accused of price gouging

A patients advocate group is accusing pharmaceutical agents of jacking up prices of non-prescription medication to cover their losses following mandatory price drops in certain prescribed medicines...

138. Ditch the bag or pay the charge

Supermarkets and other shops will be required to charge customers for plastic bags on Sunday, based on a new executive order by the President’s Cabinet...

139. Take-away lessons from 'Cyprus in the digital agenda'

Cyprus is turning the page in the digital age era but there are still many steps in the path forward. This appears to be the general conclusion from Thursday’s conference on "Cyprus in the Digital Agenda" organised by Kathimerini newspaper and the SPP MEDIA Group...

140. Out-of-towner enters Nicosia competition

Papantoniou Supermarkets is getting ready to set up shop in the middle of a tough competitive market in western Nicosia, where other giants also stake a claim, but there are still some permit hurdles for the out-of-town family...

141. M&S to close 100 UK stores in four years

British retailer Marks & Spencer plans to close more than 100 stores in its home market by 2022, accelerating a drive to re-shape its business as it strives to make at least a third of sales online...

142. Lidl fined €80,000 for false advertising

Cypriot authorities fined Lidl supermarkets €80,000 for misleading advertising, citing unfair commercial practices following complaints submitted by consumers...

143. Alpha Cyprus gets new owner

Alpha Cyprus has switched owners in a multi-million deal, putting full ownership in Cypriot hands but maintaining its affiliation with sister company in Greece with no noticeable changes for viewers....

144. Tesco beats guidance with 28 percent full-year profit increase

Lewis joined Tesco in September 2014, tasked with turning around the group which had been hit by a fall in sales and profits due to changing shopping habits...