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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 ...
Two more specialists will be added to medical staff at Kyperounta hospital in the next few days, as part of the national strategy for the development of mountain communities, Health Minister Constantinos Ioannou said on Friday.
Parliament on Friday approved a bill granting authorities the ability to conduct phone surveillance as part of crime-fighting and counter-terrorism efforts.
Parliament unanimously passed two bills on Friday to increase the number of district court judges, as part of reforming the justice system.
Parliament on Friday approved a bill amending the rent control law, effectively making it easier for landlords to evict troublesome tenants, an almost impossible feat at present.
President Nicos Anastasiades inaugurated the new Petrolina liquid fuels storage facility at Vassiliko on Saturday, saying the company’s relocation was well within the timeframe agreed with the authorities and that this was the start of the implementation of the new energy centre.
Four months after the shock of Thomas Cook’s bankruptcy and the impact on Cyprus seems to be less severe than initially feared.
Bank of Cyprus has introduced a new policy and terminology concerning deposit rates for specific clients. It is called “liquidity cost charge in euro deposits” and corresponds to a negative interest rate of -0.4%, according to the lender’s website.
Shipping Chamber deputy director-general Alexandros Josephides was reappointed as “International Maritime Organisation (IMO) Goodwill Maritime Ambassador” for Cyprus for the period 2020-2021.
Cyprus was 41st among 180 countries in the 2019 Corruption Perception Index (CPI) compiled by Transparency International.
Despite apparent failure to meet eco targets set by the EU for 2020, Nicosia is optimistic that it will achieve its 2030 goals with a 10-year roadmap on energy and the environment drafted by ministries.
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