Tag Archives: Government

Reduced rate of VAT for all home renovations

The government intends to extend the reduced VAT rate of 5 per cent instead of the standard 19 per cent rate to cover all house renovations, President Nicos Anastasiades announced on Wednesday. The decision is expected to be rubberstamped during the … Continue reading

Posted in Cyprus News, Property Management, Uncategorized | Tagged , , , , | Leave a comment

ESM greenlights €100m tranche

  Taken from the Cyprus-Mail website THE European Stability Mechanism (ESM) approved on Thursday the disbursement of €100m to Cyprus, following the positive assessment of the sixth quarterly review of the macroeconomic adjustment programme and approval of the supplemental memorandum … Continue reading

Posted in Holiday Rentals, Property Management, Uncategorized | Tagged , , , , , , , | Leave a comment

Should CY government consider lowering airport taxes?

Taken from Cyprus-mail.com ALL THE doomsayers that were predicting Cyprus tourism would be adversely affected by the closure of Cyprus Airways appear to have been proved wrong. The latest edition of the Sunday Mail reported that since the demise of … Continue reading

Posted in Property Management, Uncategorized | Tagged , , , , , , , , , , | Leave a comment

EAC unions call off strike EAC workers demonstrating in Nicosia earlier this week (Christos Theodorides) By Andria Kades – The Cyprus-Mail UNIONS representing workers at the Electricity Authority of Cyprus (EAC) on Thursday called off their planned strike action, after … Continue reading

Posted in Cyprus News, Property Management | Tagged , , , , , , , , , | Leave a comment

Rolling power cuts likely as EAC workers go on strike

By Elias Hazou – the Cyprus-Mail Trade unions of the Electricity Authority of Cyprus (EAC) have announced that workers at the power utility will hold a work stoppage on Friday, followed by three-hour strikes daily as of next week. The … Continue reading

Posted in Cyprus News, Property Management | Tagged , , , , , , , , | Leave a comment

Price Reductions on Medicines Announced Yesterday

By The Cyprus Mail – 12 January 2015 The health ministry uploaded earlier today the new price list of almost 2,000 medicines. On average prices have been reduced by around 15.5 per cent even though in some cases the reductions are as … Continue reading

Posted in Cyprus News, Property Management, Uncategorized | Tagged , , , , , | Leave a comment

Cyprus Airways Ceases to Trade

Taken from the independent.co.uk Cyprus Airways shuts down after order to repay state aid leaves it bankrupt At 9pm local time on Friday, Cyprus Airways flight 337 from Athens touched down at Larnaca airport – the final landing for an … Continue reading

Posted in Cyprus News, Holiday Rentals, Property Management, Uncategorized | Tagged , , , , , , , , , , , , , | Leave a comment

State to sell land to help reduce debt

By Elias Hazou – Cyprus Mail (Click here to read more Cyprus news from the Cyprus Mail website) A government bill paving the way for the sale or lease of state land has been submitted to parliament. Drafted by the … Continue reading

Posted in Cyprus News, Property Management, Uncategorized | Tagged , , , , , , , , | Leave a comment

Public Hotlines to improve customer service in Government Departments – Finally!

The stigma currently stands that there is no point in even trying to call Government Departments, because nobody answers – will these new procedures improve the service?  Let’s hope so! By Angelos Anastasiou – Cyprus Mail ALL MINISTRIES have been … Continue reading

Posted in Cyprus News, Property Management, Uncategorized | Tagged , , , | Leave a comment

Taxable properties worth €155bn

Interior Minister Socratis Hasikos explaining the provisions of the new IPT bill to the grimacing pair of DISY leader Averof Neophytou and DIKO president Nicholas Papadopoulos By Angelos Anastasiou, Cyprus Mail THE government estimates that taxable properties are worth a … Continue reading

Posted in Cyprus News, Property Management, Uncategorized | Tagged , , , , , | Leave a comment