The government plans to go ahead with taxation reform after 20 years, including raising the corporation rate and introducing carbon tax and fossil fuels taxes to achieve the country’s environmental objectives, Finance Minister Constantinos Petrides said on Thursday.

The Research and Innovation Foundation (RIF) unveiled on Wednesday three new programmes of a total budget of €13 million, in the framework of Cyprus' recovery and resilience plan.

A dozen EU states back an initiative by Cyprus requesting the Commission’s temporary support measures for air transport be extended beyond mid-2022 and put on a three-year time horizon.

The Minister of Health Mr. Michalis Hadjipandelas, who is accompanying the President of the Republic Mr. Nikos Anastasiadis in Madrid, signed today, on the sidelines of the President's visit, a Memorandum of Understanding for Health Cooperation between Cyprus and Spain.

European Stability Mechanism (ESM) chief Klaus Regling said on Monday following a Eurogroup meeting that none of the five member states in the Post-Programme Monitoring (PPM) framework is in immediate fiscal danger.

The importance of 5G and Fiber Optics for Cyprus' digital transformation was highlighted Tuesday, during a hybrid Conference that took place in Nicosia titled “5G & Fiber Optics: The way that leads Cyprus to Industry 4.0!”. The Conference was organized by Infocom Cyprus, in the framework of an online 3-day technological festival by Smart Com & Smart Press.

As people spend more time working from home, using their mobile phones and social media for entertainment and information, more Cypriot businesses turn to digital platforms to market products and services.

Cyprus Airways launches flights to Greece, United Kingdom, Russia, Lebanon and Israel according to its newly published flight schedule.

Property sales across three major Limassol municipalities exceeded €6.3 billion in value over the past five years, a report from independent real estate asset management and advisory firm WiRE has shown.

Loan restructurings recorded a 400% increase in the first six months of the year, reaching €1.4 billion, Cyprus Central Bank Governor Constantinos Herodotou told MPs.