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Cyprus, Russia agree to amend double tax treaty: Cypriot minister

NICOSIA, Aug. 10 (Xinhua) -- Cyprus and Russia have agreed to amend their Double Tax Avoidance Treaty after talks in Moscow on Monday, avoiding a costly rift between the two sides, Cypriot Finance Minister Constantinos Petrides said.


Lower insolvency number in Germany does not reflect COVID-19 effects

BERLIN, Aug. 10 (Xinhua) -- The number of business insolvencies among German companies decreased by 9.9 percent in May year-on-year to just above 1,500, the country's Federal Statistical Office (Destatis) announced on Monday.