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Interest rates for new housing loans in Cyprus rose to a peak of 3.41 per cent in January, up from 3.25 per cent during the previous month, though borrowing costs on the island remain lower than the eurozone average.
Invest Cyprus presented the results and actions for 2024 and 2025 during its annual general meeting, highlighting the strengthening of Cyprus’ international investment position and the growing contribution of foreign investors to the national economy.
Limassol district local government organisation (EOA) president Yiannis Tsouloftas this week met with shipping deputy minister Marina Hadjimanolis to discuss cooperation opportunities under the European EIT Water initiative.
Tourist arrivals to Cyprus surged in November, according to the state statistical service (Cystat), highlighting the sector’s continued strength a ...
Public debt decelerated and fiscal deficit fell in 2013 in Cyprus, data released by Eurostat recently show.
The Bank of Cyprus reduced in September 2014 its dependence on the Emergency Liquidity Assistance (ELA) by €1b, dropping to €7,68b from €8,68b in August.
The co-op movement is looking for a buyer for a piece of property in Paphos worth at least €2.9 million which was repossessed after the owner was unable to service his loans.
The Cyprus Tourism Organisation (CTO) recently inaugurated its second cycling path and its 7th wine route in Cyprus' mountains.
Banks will start lending after the Europe-wide stress tests, Central Bank (CBC) Governor Chrystalla Georghadji said recently, suggesting that the results were expected to be manageable.
Energy Minister Giorgos Lakkotrypis said recently the best answer to the Turkish provocations in the island’s EEZ was “business as usual”.
Between January and the end of September 2014, a total of 25 cruise ships arrived at Larnaca carrying around 33,000 passengers in total.
Cyprus' security authorities are monitoring the movements of the Turkish Barbaros, a seismic Turkish frigate, which violated the Exclusive Economic Zone (EEZ) and are ready to face any eventuality, sources of the Ministry of Defence told the press.
The Supreme Court decision concerning four foreclosures-related bills referred by the president will be issued at the end of the month, it was announced recently.
In January to September 2014, tourist arrivals rose 2.8% to 2,051,483 compared to the respective period last year, Cystat said recently.
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