The Government of Cyprus issued its first ever 15 year bond at 2.75%. The EUR 1bn Bond was oversubscribed more than 8 times! The Republic of Cyprus, successfully launched a first ever 15-year bond, due 26 February 2034, the longest in its history. The EUR1bn bond carries a coupon of 2.75%. Citi, Goldman Sachs and…
The Cyprus Cabinet approved a series of changes in the Cyprus Investment Programme in order to make the Cyprus Investment Programme even more targeted and trustworthy, Finance Minister Harris Georgiades said. the Minister pointed out the mandatory contribution to the Foundation for Research and Innovation to further encourage the creation of an eco-system of business…
Cyprus is in the process of adopting and publishing the laws, regulations and administrative provisions necessary to comply with the provisions of the EU Anti -Tax Avoidance Directive (“ATAD”), which was approved by the EU Commission in 2016. EU Anti -Tax Avoidance Directive (“ATAD”) creates a minimum level of protection against corporate tax avoidance…