The eurozone’s bailout fund agreed on Thursday to Cyprus repaying €6.3 billion of costly crisis loans from the International Monetary Fund, so it can replace them with cheaper loans from the market.

Switzerland has been emerged as the most expensive nation to live in, followed by Norway and Iceland according to a report by CEOWORLD magazine based on a range of living costs. Making up the top 10 were Japan, Denmark, Bahamas, Luxembourg, Israel, Singapore, and South Korea.

The cabinet on Wednesday decided to expend a scheme promoting the acquisition of electric cars, as applications for the project exceeded the target within a day of its launch, Transport Minister Yiannis Karousos announced.

New mortgage lending in Greece, Ireland, Austria, and Spain is offered at a higher rate than the average rate for outstanding mortgages, while for Cyprus, Belgium and Finland, the difference between new and outstanding mortgage rates is very low, according to the European Central Bank.

It took Nicosia capital city seven years to get a head start on real estate sales, according to latest data released by the Cyprus Land Registry.

More and more couples choose Cyprus to exchange vows of eternal love with the Mediterranean island attracting brides and grooms from every corner of the world.

New loans to corporations and households amounted to €3.19 billion in 2019 marking a slight annual increase attributed to large corporate credit of over €1 million.

EU Commissioner for Health and Food Safety Stella Kyriakides on Tuesday – World Cancer day – launched an EU-wide public consultation on a Beating Cancer Plan to help shape the plan, identify key areas, and explore future action.

Cyprus has the lowest number of deaths from cancer among EU member states, the latest Eurostat figures show.

ust over eighteen months into construction, the concrete foundations of Trilogy’s two front towers – West Tower and East Tower – have been poured and both towers are now climbing above ground level. Piling of the North Tower has also been completed. Construction of the basement parking areas, waterproofing and piling of the Private Oasis are ongoing.