AGP Executive Report
Last update: 11 hours agoTax & Tourism Finance: Cyprus’ Tax Department recovered nearly €99.5m from major taxpayers in 2025, including €44.1m from 513 “high-risk” debtors, with VAT and direct taxes among the biggest targets—an enforcement push that could shape business confidence. Hotel Demand Watch: Limassol hoteliers say summer is still soft: bookings were down about 30% by end-May, improving to around 20% in June, with hope pinned on last-minute demand and domestic tourism. Digital Payments: The Central Bank of Cyprus says the digital euro will be voluntary, free to use, keep a fixed 1:1 exchange rate with cash, and won’t replace banknotes and coins. Travel Disruption Alerts: UK travellers face higher odds of long delays in Greece this summer, and Cyprus is named among destinations hit by EES-related airport queue problems across Europe. Airline Customer Tools: Jet2 rolls out a new “72-hour” app update so passengers can check live flight times and status earlier, plus access in-resort support details. Cyprus-US Ties: President Christodoulides says Cyprus-US relations have deepened across defence and technology, with more energy announcements expected before month-end. Local Safety & Crime: Police say they solved the murder of Bangladeshi student Shahriar Ahmed Emon, linking it to a dispute over a mobile Wi‑Fi hotspot.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.