The Global Forum for Transparency and Exchange of Information for Tax Purposes has upgraded its rating of Cyprus to “overall largely compliant.” The revision from the previous rating of non compliant was approved by the assembly of the Global Forum which convened in Barbados on 29 and 30 October 2015. The assembly approved a supplementary...Read More

Cyprus has no plans to extend the bailout programme when it expires in early 2016, finance minister Harris Georgiades said at The Economist 11th Cyprus Summit in Nicosia on Tuesday, 3 October but nor does it appear that the government will try to exit early. “We shall be completing the support programme early next year...Read More