Cyprus News & Insights

Latest from Cyprus — Tax, Corporate, Sanctions & Compliance

Curated short briefings on the developments that matter to founders, investors and multinational groups operating in Cyprus.

General

Portugal Reaffirms Support for Cyprus on Cyprus Issue

During a farewell meeting, Portugal's outgoing ambassador to Cyprus, Vanda Sequiera, assured House President Annita Demetriou of Portugal's continued support for Cyprus. Demetriou thanked Sequiera for her work in strengthening bilateral relations and highlighted the need for progress on the Cyprus issue, urging international pressure on Turkey. Ambassador Sequiera reiterated Portugal's commitment to a resolution guided by UN resolutions and international law.

Read briefing →
General

Cyprus Government Hourly Workers Stage First 24-Hour Strike

Hourly-paid government employees in Cyprus conducted their first 24-hour strike, marching to the Presidential Palace to demand increased wages. Unions report that these workers have received minimal pay raises over the past 17 years, advocating for salaries that allow for a dignified living. Government officials acknowledge the ongoing dialogue and the financial implications of the demands, while emphasizing their commitment to supporting lower-paid employees.

Read briefing →
General

Cypriot Economic Sentiment Improves in June

Economic sentiment in Cyprus showed an increase in June, driven by stronger confidence in both the retail trade and construction sectors. This positive shift indicates potential growth in these key areas of the Cypriot economy.

Read briefing →
General

Philenews Offers Diverse News Coverage for Cyprus Audience

Philenews provides a wide range of news categories, including local, political, economic, and international updates, alongside sections dedicated to arts, sports, and lifestyle in Cyprus. The platform also features cultural event listings and market news to keep its readership informed on various topics.

Read briefing →