Cyprus will soon have its first university hospital, as MPs are set to pass the legal framework allowing for the creation of uni clinics and hospitals.

Property sales in Cyprus reached €1.3 billion during the first quarter of 2022, according to a report by the land registry released on Tuesday.

The government does not intend to raise taxes, but will rather pursue a policy of stimulating growth and attracting new investment in response to the coming economic slump, Finance Minister Constantinos Petrides said on Tuesday.