In 2019 Cyprus could break the record for the number of passports issued to foreign investors, despite the introduction of stricter criteria in May of the same year for its maligned Citizenship for Investment Scheme.

The Crete-Attica interconnection project, a section of the subsea electricity link that was taken away from the Cyprus developer and handed to a Chinese-controlled entity, has already fallen behind schedule.

During the recent ‘Cyprus Responsible Business Awards 2019’, Bank of Cyprus was recognized for its efforts in supporting healthcare, winning three awards.

The deputy ministry of shipping is working ‘intensely’ on a proposal to submit to the European Commission for the establishment of a ferry service to Greece, minister Natasa Pilides said recently.

A new high-rise is to be built adjoining the old GSP stadium in the heart of the capital, reports say.

The Cyprus Foundation of the Sea held its inaugural meeting at Limassol Town Hall on October 15, 2019, tasked by all participating stakeholders to develop the ‘blue economy’ growth in all sectors of the maritime cluster.

In 2018 Cyprus had the EU's highest deficit to GDP ratio (4.4%) while its government debt ratio (100.6%) was the fourth biggest, according to newly updated Eurostat figures.

Government departments must do their part and act swiftly if Cyprus is to meet its 2020 targets for reduced carbon dioxide emissions, the energy regulator told lawmakers recently.

Cyprus has yet again failed to improve its position in another economic competitiveness report compiled by an international body while offering no national blueprint to rectify the situation.

Around 60 properties islandwide will go under the virtual hammer in Cyprus’ first-ever digital online auction.