Daily Archives: February 4, 2002

Archives February 4, 2002 posted by

Nautical tourism? Not with these taxes

FISCAL reforms are taxing yacht owners out of Cyprus, with 12 having already set sail, taking their boats and business to cheaper shores.

More are expected to follow suit, at a time when the government is inviting tenders for the building of four new marinas as part of efforts to expand nautical tourism.

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Archives February 4, 2002 posted by

Court rules British businessman was legally deported

BRITISH businessman Graham Cockroft, who was thrown out of Cyprus in 2001, was legally deported, the Supreme Court has ruled.

Cockroft, 56, ran a Cyprus-based company Rockpool Homes Ltd in a joint venture with Cypriot partners in Pissouri to build solar-powered houses; he was deported in August 2001, with only the clothes on his back.

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