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Interest rates for new housing loans in Cyprus rose to a peak of 3.41 per cent in January, up from 3.25 per cent during the previous month, though borrowing costs on the island remain lower than the eurozone average.
Invest Cyprus presented the results and actions for 2024 and 2025 during its annual general meeting, highlighting the strengthening of Cyprus’ international investment position and the growing contribution of foreign investors to the national economy.
Limassol district local government organisation (EOA) president Yiannis Tsouloftas this week met with shipping deputy minister Marina Hadjimanolis to discuss cooperation opportunities under the European EIT Water initiative.
Tourist arrivals to Cyprus surged in November, according to the state statistical service (Cystat), highlighting the sector’s continued strength a ...
The Council of Ministers has agreed to the request from the tourism ministry to continue its mandate of special offers of hotel discounts to permanent residents, the Deputy Minister of Tourism said in a press release on Monday.
President Nicos Anastasiades hinted at further measures to stop the spread of COVID-19 following last weekend’s spike, but the nature and scope of a potential second lockdown remains unknown until his meets with his Cabinet on Wednesday.
The Health Insurance Organization announced that the registration of health providers to the National Health System will be done gradually.
Motor vehicle sales were affected by the pandemic in Cyprus dropping by an annual 18.5% in the first 10 months to October.
Agriculture Minister Costas Kadis on Friday unveiled additional grants of close to €4 million to shore up agricultural producers facing flagging demand as the coronavirus pandemic continues to buffet the tourism sector.
A night-time curfew until November 30 imposed by authorities to flatten the second wave of coronavirus could see hundreds of restaurants and bars facing closure, after surviving lockdown in March.
The Republic of Cyprus downgraded eight countries in its three-tier risk-based classification system and upgraded one, with the updated list coming into effect on November 9.
Cyprus’ coronavirus experts presented the data behind the pandemic’s recent flare-up in a news conference on Friday.
The government will implement actions to support traditional businesses in the mountain areas, the minister of energy, commerce and industry Natasa Pilides said on Thursday.
Brexit is giving a boost to the Cyprus fund industry, as Brexit effectively cuts off UK-based fund managers from the EU, says the President of the Cyprus Investment Funds Association Andreas Yiasemides.
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