The new online tax payment system Tax For All has gone live, replacing the old Taxisnet system.

Cypriot tourism professionals are turning their focus on sustainability, with a view to aligning with climate-friendly directives over the coming years and ensuring that any projects are compliant with green transition initiatives.

The Central Bank of Cyprus (CBC) on Friday announced that it has slightly increased its estimates for economic growth in 2023, citing a more positive external environment and expected lower energy prices.

Cyprus’ main banks are set to increase interest rates on deposits this year after a period of 10 years during which they were paying close to zero interest, but this might yet take a while.

Cyprus’ main banks are set to increase interest rates on deposits this year after a period of 10 years during which they were paying close to zero interest, but this might yet take a while.

The Paphos regional tourism board (Etap) this week announced that the district’s preparations in light of the upcoming tourist summer season are well underway, with more than 90 per cent of all beds already being available to visitors.

Cyprus’ financial watchdog, the Cyprus Securities and Exchange Commission (CySEC), is participating in the annual Global Money Week (GMW2023) campaign, aimed at raising awareness of the importance of financial education, particularly for young people.

New online tax payment system Tax For All will launch on March 27, replacing Taxisnet, the tax department said on Monday.

Tourist arrivals in Cyprus increased by 65.6 per cent year-on-year in February 2023, reaching 119,081 visitors, up from 71,921 during the same month of the previous year, according to a report released on Friday by the Cyprus Statistical Service.

Director General of the Deputy Ministry of Research, Innovation and Digital Policy, Stelios Himonas this week said that Cyprus is focusing on digital skills and access to Gigabit connectivity, stressing that support for innovation and entrepreneurship is crucial for the digital transition.