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15.09.2022 According to a report published this week by the Statistical Office of Cyprus (Cystat), the total number of employees in the public sector reached 72,432 in the second quarter..
14.09.2022 Hellenic Bank announced its decision to eliminate negative interest rates on non-household euro accounts starting from 03/10/2022. From that date, the interest rate on non-household checking, savings, and notice..
14.09.2022 Hellenic Bank on Tuesday announced its decision to eliminate negative interest rates on non-household euro accounts from October 3, 2022. From that date, the interest rate on all non-household..
14.09.2022 Interior Minister Nikos Nouris said on Monday that fast-track licensing -- the issuance of urban planning and building permits -- has proven to be hugely successful, and major overhauls..
13.09.2022 Rent headaches are on the rise as inflationary pressures rise and household disposable income shrinks. At a time when everything is getting more expensive, we see the whole issue..
13.09.2022 Private healthcare company Laertes Health LTD on Monday announced that it had finally approved the necessary building permit for a private hospital in Nicosia. The hospital, a 4-storey building..
12.09.2022 Continuing its successful sales, Limassol Greens, a new integrated residential golf resort and spa resort under construction in Limassol, is entering its first phase of development. Part of the..
10.09.2022 Cybarco's new residential complex "Aktea Residences 3" in Limassol is taking shape. This is a luxury real estate complex, which is a continuation of a series of luxury apartment..
10.09.2022 The Cyprus Chamber of Commerce and Industry (Keve) said this week that Eurochambers, an association of European chambers of commerce, has requested immediate measures to support businesses in the..
10.09.2022 The Borrower Protection Association this week welcomed the announcement by the Central Bank of Cyprus of a tender for a digital verification project for the bank's customers. The project,..
10.09.2022 There is a good initiative by the Cyprus Land Development Corporation (CLDC) to offer residential properties for rent at affordable prices. Noteworthy is the announcement by this NGO and..
09.09.2022 EPA approval has been secured for a large residential complex in Paphos. We are talking about the construction and operation of 18 houses within the administrative boundaries of the..
09.09.2022 The delay or freeze of some projects is evidenced by the stagnant construction industry amid repeated increases and delays in the supply of materials. The construction sector has sounded..
09.09.2022 Bankers' union Etyk announced this week that it had reached an agreement with the Cypriot Banking Association to extend their collective bargaining agreement. The negotiations took place in an..
08.09.2022 The focus is on the company's new campaign, which includes investment opportunities in large commercial buildings located on the most central streets of cities, with a potential return of..
08.09.2022 S&P Global Ratings this week announced an upgrade to its long-term issuer credit rating for the Bank of Cyprus (BoC) to 'BB-' from 'B+', citing the bank's improved asset..
08.09.2022 According to a report published on Wednesday by the Statistical Office of Cyprus (Cystat), employment in Cyprus increased by 1.9% in the second quarter of 2022 compared to the..
07.09.2022 A decrease in both the area and the cost of new building permits issued in the first half of 2022 was recorded according to data released by the Statistical..
07.09.2022 Contractors are asking for a formula to keep most buyers safe from a revised bill to introduce a reduced VAT rate (5%) on first home purchases. OSEOK's position is..
07.09.2022 Cypriot banks tightened lending standards in the second quarter of 2022, while net demand for new loans declined, reflecting geopolitical tensions and uncertainty in the global economic environment, according..
07.09.2022 A bill regulating startups and their investments is expected to be submitted to the House of Representatives later this year, according to an update from the Energy, Commerce and..
07.09.2022 Official data shows that construction activity has declined slightly due to rising costs in the first six months of 2022 compared to the same period last year. Activity in..
07.09.2022 Despite falling building material prices, due to the ongoing energy crisis, Cyprus developers are reluctant to give the green light to new construction projects until they have a clearer..
06.09.2022 Industrial turnover recorded a significant growth of more than 21% in the first half of 2022 compared to the same period last year, with the largest growth recorded in..
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