Micro News

According to financial experts, the European finance ministers will meet this week to acknowledge the commitments made by the Caribbean islands of St Kitts & Nevis, and the Bahamas in order to fundamentally change their tax systems in order to meet EU standards. As a result of these recent efforts,…


On June 8th, in Limassol a groundbreaking ceremony for Cyprus’ new casino-resort City of Dreams Mediterranean will be held, marking a huge landmark for the islands legalisation of gambling. According to the Melco Resorts and Entertainment CEO Lawrence Ho, a temporary casino, designed to work during the…


The new index for a blockchain; Global Chain Assessment Index was introduced by the China Center of Information Industry Development (Beijing). The index evaluates the technological capability, usefulness of the application, and innovativeness of projects. Ethereum, whose currency is called ether, garnered…


Three Strategies to Grow Singapore's Economy

The Government of Singapore said that it will cut red tape within the government sector by pro-actively seeking feedback from businesses and also providing a safe environment that encourages innovation. According to Chee Hong Tat, the new strategy should be based on the following principles: Being…


Regardless of whether you are looking for a new job or simply reading about the current job, there are factors which can influence positively on the formation of a strong employer’s brand. According to US vacancies website "Indeed", there are 5 most important factors that employees pay attention when…


The Central Bank of Cyprus granted B2Kapital, a subsidiary of Norway’s B2Holding Group, license which allows it to operate as a credit acquiring company, under the Sale of Credit Facilities and Related Matters Law of 2015. B2Holding  employees 2,400 “experts” in 23 countries in Europe, and is listed…


Cyprus & Andorra Sign Double Taxation Treaty

On May 18th, during the 128th session of the Ministers of Foreign Affairs of the Council of Europe, Cyprus and Andorra have officially signed a Double Taxation Treaty (DTT). Until recently, Andorra was among the few European countries with which Cyprus did not have an agreement on the avoidance of double…


Cyprus: Larnaca Finds a New Lease of Life

The authorities of Larnaca have outlined plans for the next 5-6 years. Now under the leadership of a new mayor Andreas Vyras a large number of various projects are realized in Larnaka: from the modernization of the port to the dismantling of fuel tanks in the city. It is reported that the projects…


Countries That Could Go Broke in 2018

According to a recent UN report, a number of states in the world can go bankrupt as early as sometime in 2018. Distressed economies are in terrible economic condition for various reasons. Among the factors that lead the countries to the verge of bankruptcy are decline in oil prices, natural disasters…



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