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Foreclosure law could unlock investment

Foreclosure law could unlock investment

Last week the international economic news was dominated the €1 trillion bond-buying by the European Central Bank (ECB), whereby the lender… Read More

Recent Articles

30 July 2015

Larnaca records biggest drop in property prices

The price for flats and apartments fell by 0.4% and 0.3% for houses in the second quarter of 2015, according to the twenty-third publication of RICS Cyprus’ Property Price Index. Read More

29 July 2015

€54m to improve Greece-Cyprus cooperation

A new EU supported programme worth more than €54 million will help nine border regions in Greece and all of Cyprus further develop their local economies. Read More

29 July 2015

Limassol Tech Park in the works

A Tech Park is in the works just outside Limassol and it is expected to give a big boost to businesses in research, technology and innovation. Read More

29 July 2015

Cyprus sells €30m in six-year bonds

The Public Debt Management office, of the Ministry of Finance, announced recently that it received by July 20, 2015, 187 offers for the total amount of €30,055,900 six – year government bonds. Read More

29 July 2015

Banks get green light for sale of distressed loans

The Cabinet has approved a bill now headed to parliament that will safeguard the rights of borrowers, but also allow banks to sell their portfolios of distressed loans of up… Read More

28 July 2015

Tourist interest in Cyprus riding high in 2015

Cyprus is still without a doubt a preferred destination for many tourists, where more Russians and Germans are still looking into booking a summer holiday according to Trivago. Read More

27 July 2015

No extra fiscal measures needed for 2016, EC sources say

Cyprus' economic adjustment programme continues to perform and progress has been made, according to senior European Commission sources. Read More

27 July 2015

Cyprus aspires to become regional medical centre

Cyprus can become a leading medical centre in the region providing first class care to locals and visitors, President Nicos Anastasiades said as he inaugurated the first Robotic Surgery Department… Read More

27 July 2015

Cyprus needs to step up pace of reforms, lenders say

Cyprus’ international lenders said the government needed to step up the pace of reforms, following completion of their recent review. Read More

27 July 2015

Two-stage process for casino licence begins in September 2015

Cyprus will in September 2015 proceed with a competitive, non-discriminatory and transparent two-stage procedure to select the single licensee for the Integrated Casino Resort, the government announced recently. Read More

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