Customs department: Nearly €2 million in revenue from small parcel duty in July

The Cyprus Department of Customs collected nearly €2 million in July from a new €3 fee on small parcels imported from outside the EU. This levy, applied to items valued under €150, affected 650,000 individual goods across 160,000 packages. Officials noted a slight decline in imports compared to previous months, potentially due to pre-tax ordering or seasonal vacations, but expect market behavior to stabilize within a few months.