Grant Thornton Cyprus

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Cyprus News Round Up

Bank Of Cyprus                      Photo © CyprusExpat.co.uk

16 April 2014

1. President of the Republic of Cyprus Nicos Anastasiades continues his official visit to the United Arab Emirates and on Wednesday he addressed a business forum in Dubai, organised by the Cypriot and Dubai Chambers with the participation of a large number of Cypriot businessmen. On Tuesday, President Anastasiades met the Crown Prince of Abu Dhabi, Prince Sheikh Mohamed bin Zayed Al Nahyan. Cyprus and Abu Dhabi signed a bilateral agreement for cooperation in the air travel services sector and Memoranda of Understanding on energy, tourism, education and science.

You may read the article here

UK News

British Expat Life In Cyprus - Panic As IKEA Deliver Our Furniture

Lidl Supermarket                 Photo © CyprusExpat.co.uk

15 April 2014

First Published 02 June 2012

Yesterday we headed off to Nicosia and IKEA. We have to buy a new bed and some other things for our village house. We bought a lot of things and the bill came to €600,00. I am the one who want's to splash out and Maria is always the conservative one. Not in IKEA, she goes mad! Then when i complain about how much we spent, she say's, you always say we have to splash out more!

You may read the article here

Premium Property Listing

Description

Semi-detached house constructed at the edge of a cliff in Agia Fyla- Limassol, with unobstructed view.

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European Union Loses 500 Million Euros To Counterfeiting

Euros                Photo © CyprusExpat.co.uk

16 April 2014

Every euro counts: European Parliament says 'yes' to new rules to fight fraud and euro counterfeiting

The European Parliament plenary has today voted in favour of two initiatives from the European Commission that will help protect the euro against counterfeiting and combat fraud against the EU budget. The Parliament backed measures which will strengthen the protection of the euro and other currencies against counterfeiting through criminal law measures (IP/13/88). The European Parliament also voted in a first reading in favour of a Directive to tackle fraud (IP/12/767), which will create a more harmonised framework for prosecuting and punishing crimes involving the EU budget.

You may read the full article here

Canada Showing Interest In Cyprus Offshore Hydrocarbons Sector

Drilling Rig                    Photo © CyprusExpat.co.uk

15 April 2014

It has been reported that Canada is showing an interest in the developments of Cyprus’ hydrocarbons sector, following a recent statement to this effect by Robert Peck, the Canadian High Commissioner based in Athens.

You may read the article here

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