Investing in real estate in Cyprus is worthwhile for foreign and local investors for all types of property.

Cyprus recorded inflation of 1.7% in December 2018, data released recently by the Cyprus Statistical Service show.

The unemployed persons, registered at the District Labour Offices on the last day of December 2018, reached 29,800 persons.

Drilling in Cyprus’ offshore block 10 by ExxonMobil and Qatar Petroleum has been delayed for 10 days due to a technical problem, reports said recently.

Cypriot businesses are facing the new year with optimism as regards prospects for growth but remain concerned over red tape and energy prices, the chamber of commerce (Keve) said recently.

A DBRS credit agency insights newsletter which takes a look into the European Central Bank’s asset purchase programme reports that Cypriot government debt securities account for only 4% of €2.1 trillion public sector asset holdings the ECB had at the end of 2018.

On the last trading session of December 2018 the General Index reached 66,77 points, representing a relative decrease of 0,07% from the previous month.

Nissi beach in Ayia Napa ranks 25th on a world’s top 50 city beaches list by Canada’s largest online travel agency Flight Network.

Hermes Airports, which manages and controls the two International Airports of the Republic of Cyprus, Larnaca and Paphos, has acquired the Level 3 of the ACA Certification for the reduction of its carbon dioxide emissions, just one year after the acquisition of the ACI Airport Carbon Accreditation Level 2.

The net demand for loans in Cyprus, both by enterprises and households, increased in the third quarter of 2018, while loan criteria for all categories remained unchanged.