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| CYPRUS
LAW AND TAX HEADLINES |
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Cyprus Announces Ratification Of Lisbon Treaty
08/07/2008 |
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It was announced on Friday that Cyprus has officially become the 20th EU member state to ratify the Treaty of Lisbon.
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MFSA And Central Bank Of Cyprus Sign MoU
01/07/2008
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The Malta Financial Services Authority and the Central Bank of Cyprus announced on Thursday that they expressed their mutual interest and willingness in establishing and promoting bilateral ties in the domain of supervision of credit institutions by signing a Memorandum of Understanding in May 2008.
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STORY
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EU Publishes Taxation Trends For 2005-2006
30/06/2008 |
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According to figures published by Eurostat on Thursday, the weighted tax-to-GDP ratio (i.e. the total amount of taxes and social security contributions) in the EU27 increased to 39.9% in 2006 from 39.3% in 2005.
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STORY |
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France Puts Common Tax Base Plans On Hold Following Irish Vote
20/06/2008 |
French Finance Minister Christine Lagarde (pictured) revealed ahead of Thursday's summit of EU leaders that plans to forge ahead with a common corporate tax base have been shelved in the wake of Ireland's rejection of the Lisbon Treaty - although EU Tax Commissioner Laszlo Kovacs has other ideas.
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STORY
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Ecofin Considers Harmful Tax Competition And VAT
06/06/2008 |
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The European Council of Finance Ministers (Ecofin) on Wednesday adopted the conclusions of a report on 'harmful' tax competition in the European Union, and discussed the clarification of rules of VAT on financial services.
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Turkish Cypriots Permitted To Receive EU Aid
05/06/2008
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It was announced by the Greek Cypriot government earlier this week that it will be dropping legal action against an aid package being offered by the European Union to the Turkish Cypriot community.
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STORY
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Sarkozy Calls For EU Cap On Fuel Taxes
29/05/2008 |
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French President Nicolas Sarkozy has urged the European Union to put in place a cap on fuel taxes to mitigate the damaging impact of rising oil prices on industries heavily dependent on petrol and diesel.
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Dubai And Cyprus Sign Regulatory Agreement
23/05/2008 |
The Dubai Financial Services Authority (DFSA) has entered into a Memorandum of Understanding (MoU) with the securities regulator of Cyprus, it has been announced.
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STORY
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Mandelson Sees Progress On West African EPA In 2008
13/05/2008 |
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EU Trade Commissioner Peter Mandelson (pictured) and Soumaïla Cissé, President of the Commission of the West African Economic and Monetary Union, believe that further progress will be made in 2008 towards an Economic Partnership Agreement between the EU and West Africa.
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New Cypriot Deputy Attorney General Sworn In
09/05/2008 |
The new Deputy Attorney General of Cyprus, Akis Papasavvas, announced on Tuesday that he would perform his duties with impartiality and efficiency, during his swearing in ceremony at the Presidential Palace, before the President of the Republic.
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STORY
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EC Announces Counterfeiting And Piracy Conference
30/04/2008 |
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The European Commission announced on Monday that it will hold a conference on counterfeiting and piracy on 13th May, 2008.
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EU And China Start High-Level Economic And Trade Talks
29/04/2008 |
The European Commission and the Chinese government on Friday launched their new High Level Economic and Trade Dialogue Mechanism (HLM) in Beijing.
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STORY
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Ernst And Young Announces New EMEIA Area Initiative
28/04/2008 |
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Ernst and Young announced this week that its Global Executive and the Global Advisory Council have approved the proposed integration of all of its 87 country practices in Western and Eastern Europe, the Middle East, India and Africa into a new EMEIA Area.
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Changeover To Euro In Cyprus And Malta Smooth, Says EC
23/04/2008 |
The vast majority of the population in Cyprus and in Malta, 95% and 90% respectively, consider the changeover to the euro in their country to have been smooth and efficient, the European Commission revealed on Friday.
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STORY
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EU-China IPR2 Initiative Launched
21/04/2008 |
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Representatives of European industry, the national patent offices and European intellectual property experts in Brussels on Thursday were introduced by the European Commission and the European Patent Office (EPO) to the new EU-China partnership project on the protection of intellectual property (IP).
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