Defence levy rise is delayed again

By Martin Hellicar LONG hours of back-room wrangling failed to secure party unanimity for approval of an increase in the defence levy at the House

Deputies will not pay parking fines

By Athena Karsera AT LEAST one of seven deputies will refuse to pay a fine for illegal parking outside the House of Representatives, his office

House backs CY loan guarantee

THE HOUSE plenum yesterday approved a government guarantee for Cyprus Airways to take out a $75 million loan to shore up its floundering finances. In

Christodoulou flies to Moscow to talk tax

FINANCE Minister Christodoulos Christodoulou flew to Moscow yesterday to discuss the renewal of an agreement to avoid double taxation between Cyprus and Russia. The agreement

Time share company blasts Cyprus red tape

By Jean Christou A NEWLY-ESTABLISHED holiday investment company has accused officialdom of almost killing tourism through red tape. Nicosia-based Carrington Holiday Investments, a time share