An increase in the issuing of building permits was recorded between January and May 2023
The number of business entities registered in the registers of the tax authorities has decreased
As can be seen from the data announced by the Central Bank, deposit and lending rates in Cyprus rose in May.
A 20% increase in sales documents filed with the Department of Land and Survey (TCX) since the beginning of 2023
The Construction Materials Price Index registers an increase of 8.2%
The property market has been moving at a pace that predates the Coronavirus crisis
The exploitation of both natural gas and renewable energy sources of the Eastern Mediterranean region , can make a decisive contribution to addressing the challenges for the Union's energy security
Another revision of the set criteria and value of properties to be subject to the reduced VAT rate
Troodos National Forest Park, which were closed during the winter season for safety and public protection reasons, will now be open and accessible
We have now surpassed the stage of digital transformation in the services and products provided, as we are moving into the period of their intelligent reconstruction by artificial intelligence.
Change of use of the 14 government industrial areas in order to allow the installation of units dealing with the production, transmission and distribution of electricity and natural gas
Cyprus goes to the markets with the aim of raising €1 billion, under the framework of Sustainable Financing
Ministry of the Interior would not proceed with the issuance of the naturalization certificate if the supporting documents proving the payment of the contributions were not presented.
Support programs for citizens to save energy by installing photovoltaics in buildings or buying an electric car exclude those with many children as well as other vulnerable population groups
The government and the Parliament reached an informal agreement to resolve the imposition of a reduced VAT rate of 5% for the purchase or construction of a first home
The new law proposal submitted yesterday to the Parliament, amends the law on courts
The proposed bill concerning the amendment of the Immovable Property Law of 2002 seeks to simplify the existing procedures for determining the reserved sale price of immovable property
The diplomatic presence of Cyprus abroad is being strengthened with the reopening or opening of four new Embassies within 2023.
In the centre of Larnaca, there will be hundreds of square metres of green oasis that have long been neglected and unneeded.
A large photovoltaic park with a total capacity of 72 MW with energy storage of 41 MW / 82 MWh, is planned in the communities of Akaki and Kokkinotrimithia, in the province of Nicosia.
Cyprus remains on the global list as one of the top 100 luxury housing markets in the world
By the Statistical Service employment in Cyprus is showing an increase
The central bank has published an update on the changes in interest rates on loans and deposits in Cyprus in January 2023.
The University of Nicosia and the Cyprus Investment Funds Association (CIFA) signed a Memorandum of Cooperation to expand and strengthen their relations.
Cyprus is among the most affordable countries for retirement
According to data released by Eurostat, in Cyprus harmonized inflation reached 6.8%
Financial Times lists Nicosia to be one of Europe's future cities
They are asking for a 5% VAT renegotiation from a new MINISTRY OF FINANCE
At the highest point since 1986 the prices of construction materials
The Bank of Cyprus announced that it recently received the Quality Recognition Award from global finance giant JP Morgan Chase Bank
In total, the volume of transactions reached 22,500, marking an annual increase of 12%
In January 2023, there was a significant increase in property sales documents filed in the land registry.
The Ministry of Finance is currently pushing a bill to provide tax relief for individuals.
The photovoltaic park will produce electricity silently, without waste or gas emissions, making a significant contribution to protecting the environment.
Pafos' reputation in 2022 is favourable across all sectors of the economy
City of Dreams Mediterranean, Cyprus’ first integrated resort, is expected to be the largest and premier integrated destination resort in Europe.
A new round of interest rate increases is expected by the ECB and the Fed
Cyprus's economic situation is growing, but future prospects remain dim
Deposits and loans in the financial system showed an upward trend in December 2022
According to an announcement by "in the area where tall buildings are erected, such as the one planned on Kinyra Street in Nicosia"
The Paphos Chamber of Commerce and Industry (Evep) on Wednesday said that foreign investments in the district have exceeded €15 million in total.
Cyprus wants to introduce a ban on changing first or last name on naturalisation
Construction materials price index rose by 17% in 2022
The value of real estate sold in Cyprus during 2022 is approaching €6 billion
The number of new building permits continues to fall in Cyprus.