THE CYPRUS PARLIAMENT REJECTED THE DEAL OF DEPOSIT TAX

The decision of the Cyprus Parliament to reject the bailout deal on Tuesday night has proven the trustworthiness of Cyprus as a major financial center sending out the signal that the deposit funds of all depositors are totally safe. Despite threats, unethical attacks and psychological violence that was exercised by the Eurogroup on Cyprus’s political […]

RUSSIAN INVESTORS EXPECTED TO FLOCK TO CYPRUS INVESTMENTS

On February 15, 2012, Cyprus and Russia further strengthened their longstanding economic cooperation when Russia’s State Duma Sergey Naryshkin ratified the amending Protocol to the Cyprus-Russia Double Tax Treaty of 1998. Since the original signing, the Double Tax Treaty has been again signed in 2010 and ratified in 2011. These agreements have led to a […]