Strong growth prospects and sustained fiscal discipline places Cyprus on a firm declining path but contingent liabilities, healthcare and public sector wage-related costs, as well as weaker external conditions, pose risks to the outlook, Scope rating agency said.

As property sales slow in Cyprus’ residential sector, buy-for-rent is breathing new life into the real estate market as it is now proving very attractive for investors.

The attractiveness of Cyprus for investors, for its workforce, financial apps companies and their customers must constantly adapt in order to be maintained, House President Demetris Syllouris said on Tuesday.

With the completion of the architectural competition, the results of which were recently presented to the Droushia community, a major step towards the creation of the Akamas national forest park has been taken, President Nicos Anastasiades said on Tuesday.

The Mutual Evaluation Report of Cyprus was published last week by the MONEYVAL Committee of the Council of Europe, following 18 months of work.

Cyta announces that its Makarios Teleport full certification under the World Teleport Association (WTA) Teleport Certification Program has been renewed with an improvement to Tier 4, following an audit of the Teleport by the Association.

There will be a ferry connection between Piraeus port and Limassol with the possibility of a stopover at a Greek island, following an initial agreement between Cyprus Shipping Deputy Minister Natasa Pilides and Greek shipping officials.

There is strong demand for high quality offices in Cyprus with new companies seeking modern, flexible and sustainable workplaces, according to a recently-released Danos & Associates report focusing on the real estate market.

Health Minister Constantinos Ioannou reassured the public on Monday that his ministry was taking all the necessary measures regarding the threat of coronavirus and was “constantly vigilant”.

After being charged higher prices in pharmacies, patients have complained they were caught unawares by changes in Gesy regulations that mean all prescription items are no longer charged at €1.