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Cyprus’ housing market recorded a strong start to 2025, with residential property sales rising sharply in both volume and value during the first quarter, according to a report released on Thursday by Landbank Analytics.
Cyprus is expected to experience a decline in both rental and property purchase prices in the coming years, President Nikos Christodoulides announced.
The government is committed to implementing tax reform on January 1, 2026, and “this is something that cannot be changed,” President Nikos Christodoulides said on Tuesday.
Cyprus is growing as a top choice for foreign direct investment (FDI) in Europe, said Invest Cyprus CEO Marios Tannousis. Tannousis addressed an i ...
A series of discussions “2040” organised by the NGO Oxygono address the need to formulate a long-term vision for four cities of Cyprus supported by their citizens. The series started with “Larnaca 2040” and then expanded to Nicosia, Limassol and Paphos.
The list of hotels participating in the government’s subsidised summer holidays programme that starts on May 1 has been posted online, the deputy ministry of tourism said on Tuesday.
The health ministry announced on Tuesday that the fourth coronavirus vaccine dose – the second booster shot – is to be made available to all healthcare workers, regardless of their age.
The government does not intend to raise taxes, but will rather pursue a policy of stimulating growth and attracting new investment in response to the coming economic slump, Finance Minister Constantinos Petrides said on Tuesday.
The Cyprus Bar Association on Tuesday unveiled its Justice For All initiative to offer legal help to those facing financial difficulties.
Smart traffic lights are to be installed at 125 locations in Nicosia and Limassol as part of a smart traffic management system, Transport Minister Yiannos Karousos said on Friday.
The epidemiological picture of Cyprus is the best it has been for the last five months, Health Minister Michalis Hadjipandelas said on Monday as speculation grew that more Covid measures would be relaxed this week.
Cyprus’ revenues from ship management rose to €516 million during the second half of 2021, corresponding to 4.2% of Cyprus’ GDP in terms of turnover, according to the Central Bank of Cyprus’ ship management survey released on Friday.
The war in Ukraine and its consequences on Cyprus tourism should push stakeholders on the island to work together to tap other markets, Ayia Napa Mayor Christos Zannettou said on Thursday, while acknowledging that this will be a difficult year.
Cyprus continues to press ahead with efforts to distance itself from “tacky tourism”, as the deputy tourism ministry announced a further funding boost for authentic hospitality venues.
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