According to Cyprus News Agency’s (CNA) recent report, President of Cyprus Nicos Anastasiades stated that the momentum in real estate market will continue to a greater extent fostered by a large number of local and foreign investment recorded in the island.

New ferry link between Cyprus and Greece for 2020

Cypriot and US officials decided on Tuesday to set up a working group to expedite the Republic’s longstanding bid to join the United States’ Visa Waiver Programme (VWP).

Finance Minister Constantinos Petrides said on Tuesday he was satisfied with the double bond issuance which will meet Cyprus’ borrowing needs and repay an International Monetary Fund (IMF) rescue loan.

The average hospital stay in Cyprus was 6.1 days, the EU’s statistical service Eurostat announced on Tuesday.

Income to implement Cyprus’ landmark National Healthcare System (NHS) from March 1 until October 2019 increased by €20 million, while expenditure fell by €50 million compared to initial projections.

To meet net-zero targets, investment is needed not just in renewable generation, but also in the electrification of transport and heat, hydrogen power and smart grid infrastructure, according to the 54th EY Renewable Energy Country Attractiveness Index (RECAI).

Government efforts to counter rising rents and homelessness by giving incentives to building developers to put cheaper flats on the market has fallen short.

EU official statistics show that 83% of enterprises in Cyprus with at least 10 persons employed used at least one Informational and Communications Technology (ICT) security measure in 2019.

One in four employees in Cyprus receives a salary of less than €1,000 while half earn up to €1,500, according to Statistical Service data based on information provided by the Social Security Service.