Looking for information related to a business in Cyprus? Visit the Business Directory
Cyprus’ housing market recorded a strong start to 2025, with residential property sales rising sharply in both volume and value during the first quarter, according to a report released on Thursday by Landbank Analytics.
Cyprus is expected to experience a decline in both rental and property purchase prices in the coming years, President Nikos Christodoulides announced.
The government is committed to implementing tax reform on January 1, 2026, and “this is something that cannot be changed,” President Nikos Christodoulides said on Tuesday.
Cyprus is growing as a top choice for foreign direct investment (FDI) in Europe, said Invest Cyprus CEO Marios Tannousis. Tannousis addressed an i ...
The unemployment rate in the first quarter of the year rose to 10.7%, from 10.1% the previous quarter, revising previous estimates upwards, a likely sign the economy is slowing.
The Administrative Court cancelled a decision of the competition watchdog to fine JCC Payment Systems €1.7m and Bank of Cyprus €18.1m, citing the deficient composition of the Commission for the Protection of Competition.
The governor of the Council of Europe Development Bank (CEB) Rolf Wenzel said recently that the lender will continue supporting economic recovery in Cyprus and advised more action to reduce non-performing loans.
Demetra Investment, owner of 10.1% of Hellenic Bank’s shareholding, and software developer Logicom Public Ltd, said their respective shares will be suspended from trading at the Cyprus Stock Exchange (CSE).
Tourist arrivals rose in May 2018 by 7.6% to 450,955 compared to the respective month of 2017 as secondary markets offset a decline in Russian visitors, the statistical service said recently.
Government Spokesman Prodromos Prodromou stressed the need for a solution to the problem of Non-Performing Loans in Cyprus.
The harmonised consumer price index rose in May 2018 an annual 1% compared to a year before mainly on more expensive energy products, the statistical service said.
The cabinet approved in principle Hellenic Bank’s offer for the acquisition of state-owned Cyprus Cooperative Bank’s operations, Finance Minister Harris Georgiades said.
Larnaca’s satellite casino will likely be housed at Larnaca International Airport, according to local press reports.
The number of persons employed in the first quarter of 2018 rose 4%, to 391,701, compared to January to March last year, the statistical service said citing a flash estimate.
<1…609610611612613614615…1157>
