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Despite numerous challenges, the Cyprus real estate market has shown resilience in the first half of 2024, with a notable increase in activity, according to the Cyprus Real Estate Agents Registration Council.
Deputy Minister of Tourism Kostas Koumis is satisfied that the latest figures on tourist arrives indicate they would be at the same levels as 2023, a good year for the industry.
The added value of Cyprus’ construction sector at current prices increased by 8.9 per cent in 2022, reaching €1.44 billion, up from €1.32 billion in 2021, according to the findings of the Construction and Land Development Survey.
Cyprus ranks fifth among EU countries in the progress achieved regarding research and innovation, Theodoros Loukaidis, Director General of the Res ...
European Commission sources say that the economic adjustment programme for the island is making progress.
New figures from Eurostat show Cyprus' general government gross debt came to 106.8% of GDP in the first quarter of 2015.
Lawyer Giorgos Pamboridis has been appointed health minister, replacing Philippos Patsalis who resigned earlier this month, the Presidential Palace said recently.
Bank of Cyprus (BoC) said recently that customers facing the prospect of losing their Barclays accounts are advised they may be eligible for the Bank of Cyprus UK International range of accounts, which include current and savings accounts.
On the 9th July 2015, Cyprus Parliament passed number of new laws, which purport to make Cyprus a more attractive investment destination.
The Cyprus Tourism Organisation (CTO) has announced that it has begun an advertising campaign with German railway company Deutsche Bahn (DB).
Director of the IMF Communications Department Gerry Rice, has said that “Cyprus is a success story” and that recent return to growth shows the efforts undertaken to implement difficult reforms are beginning to pay-off.
The sale of its Russian subsidiary Uniastrum will benefit Bank of Cyprus (BoC), Moody’s Ratings agency said recently, despite the €29mln accounting loss incurred by the lender.
The Cypriot team ArachnoBeeA, winner of the NASA International Space Apps Challenge has been invited by NASA to attend the launch of a space rocket in September 2015.
A new study focuses on tourism tax receipts and finds that the Cyprus economy gets a significant boost from taxes.
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