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22.03.2022 Later this year, the government will formally seek European Commission approval for the transformation of the failed cooperative bank's successor legal entity into an asset management company. In parliament..
22.03.2022 Paphos remains an attractive destination for British tourists despite rising costs of goods and services around the world, as a survey in the UK ranks the city as the..
21.03.2022 A violation of Article 6.1 of the Convention was found and a decision was made to reopen the appeal. The decision of the European Court of Human Rights (ECtHR)..
21.03.2022 Unfortunately, building density is used as a tool to attract votes, both at the grassroots level of local councils and communities, and at the highest level of political parties..
21.03.2022 More than 2,500 building permits have been issued under the new fast-track procedure since its introduction in October 2021, Interior Minister Nikos Nouris said on Saturday, speaking at the..
21.03.2022 The Cyprus Construction Materials Price Index continued to rise in February, reflecting rising costs incurred by contractors. According to data published by the Cypriot Statistical Office (Cystat), the material..
20.03.2022 Cypriot Interior Minister Nikos Nouris, speaking on Saturday at the 29th General Assembly of the Cyprus Association of Civil Engineers, said that the ministry is committed to revitalizing the..
I wonder if the authorities are ready to fulfill their duties for the benefit of Cyprus and its people. The examples I often give are by no means a complete..
19.03.2022 When considering effective ways to achieve zero emissions, policymakers tend to focus on renewable energy and cleaner vehicles, often overlooking a key element of the energy transition: decarbonizing the..
17.03.2022 There is an increased interest on the part of Ukrainians, which is fixed with the beginning of the Russian invasion of the country, in both commercial and residential real..
17.03.2022 According to stakeholders, rising commodity prices in Cyprus are largely responsible for the growing trade deficit, which increased by almost 20% in January compared to the same month last..
16.03.2022 The new properties listed in Altamira Real Estate's weekly newsletter include residential plots, cottages, apartments, industrial warehouses and land in popular areas of Cyprus such as Aglancia, GSP area,..
16.03.2022 An amendment to the VAT legislation regarding the introduction of a reduced rate for the purchase or construction of a first residence has recently been at the center of..
15.03.2022 Significant ties between Cyprus and Russia have increased the risks of a deterioration in the economic prospects of the island in the medium term, according to a commentary from..
14.03.2022 What was decided before is not taken into account. A retrial may be ordered by the Supreme Court in the exercise of its appellate jurisdiction. The case is then..
14.03.2022 We believe that it should be clarified what constitutes the loss of the right to use property and compensation for it by rent. The topic was raised in a..
12.03.2022 Real estate and real estate development contribute to the creation of jobs and the growth of the Cypriot economy. Development is controlled by the existing urban zones, which set..
11.03.2022 Between January and December 2021, 8,164 building permits were issued by city and district administrations, compared to 7,023 in the corresponding period of the previous year, representing an increase..
11.03.2022 The Cyprus real estate sector has lost ground in 2021 due to the pandemic as the number of building permits has accelerated but is still well below the levels..
10.03.2022 Moody's Investors Service today placed all of RCB Bank's long-term ratings on review for downgrade, including long-term deposit ratings at B1, citing "higher credit risk associated with RCB Bank's..
10.03.2022 Standard and Poor's downgraded RKB's long-term issuer credit rating to 'B+' from 'BB-' and placed it on CreditWatch with a negative outlook, citing a lack of support from its..
10.03.2022 Ukrainians fleeing the war to Cyprus have increased demand for property rentals in Limassol and Paphos, industry officials say. The interior ministry said the republic has taken in 2,935..
10.03.2022 MEPs want common EU rules on golden visas to fight money laundering and corruption. No passports, no visas for Russian oligarchs Parliament welcomes the commitment of the relevant Member..
10.03.2022 Golden Passports are "ethically, legally and economically unacceptable and pose several serious security risks." EU tax on golden visas Concerned that EU citizenship is being sold, Parliament is proposing..
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