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14 May 2012
Chrysses Demetriades & Co. LLC hails Cyprus’ success in the 2nd Round of bidding for Offshore Exploration 11 May 2012 has [...] read more
6 February 2012
On 12 January 2011 the European Commission has applied for the first time the new rules of the strengthened Stability [...] read more
6 February 2012
Chrysses Demetriades & Co. LLC is pleased to announce that the construction of its new Head Offices in Limassol[...] read more
22 April 2010
The European Commission has approved a proposal by the Cypriot Maritime Administration for a special reduced flat tax ("Tonnage Tax") [...] read more
11 November 2009
The Parliament of the Republic of Cyprus has recently enacted amendments to the Cyprus Taxation Laws, in particular the Income [...] read more
| Effective Actions |
| Monday, 06 February 2012 |
| On 12 January 2011 the European Commission has applied for the first time the new rules of the strengthened Stability and Growth Pact (SGP), which are part of the so-called "six-pack" on economic governance, which entered into force on 13 December 2011. The European Commission announced that Cyprus, Belgium, Malta and Poland have taken effective action to keep their deadlines for the correction of their excessive deficits and that no further steps in the excessive deficit procedure are necessary for these four countries. |