Make sure you read the small print of insurance policies

  VERY few people read let alone understand the small print when they take out insurance for property. Even if you insure a building for ‘all purposes’ including acts of God (rain, floods etc) [...]

House Plenary approved 2019 state budget

The House of Representatives Plenary on Friday approved by majority voting the 2019 state budget, that provides for a surplus amounting 3% of GDP. Thirty MPs from ruling Democratic Ra [...]

Large projects push building permits value to €1.55 billion

The value of building permits spiked by an annual 46% in January – September 2018 to €1.55 billion owing to rise in large projects, according to data released on Tuesday by the Cyp [...]

Large projects push building permits value to €1.55 billion

The value of building permits spiked by an annual 46% in January – September 2018 to €1.55 billion owing to rise in large projects, according to data released on Tuesday by the Cyp [...]

Cyprus' GDP grows by 3.7% in Q3

  GDP growth rate in real terms, during the third quarter of 2018, is estimated at 3.7% over the corresponding quarter of 2017, according to data released on Friday by the Statistica [...]

Housing loans rates decline to a new low

Interest rates for house purchase declined to a new historic low in October, according to data released by the Central Bank of Cyprus, concerning the interest rates on new deposit and [...]

Prince William and Kate Middleton arrive in Cyprus

The Duke and Duchess will officially open the Oasis Centre at RAF Akrotiri in Cyprus, which is a new relaxation area for personnel when they aren’t on shift.

State aid: Commission approves Cypriot “ESTIA” scheme

  The European Commission has approved under EU State aid rules the Cypriot “ESTIA” scheme to support private households and micro-companies that have encountered difficulties in [...]

Economic sentiment up in November

Economic sentiment improved in Cyprus in November due mainly to services and retail trade.In particular, the Economic Sentiment Indicator (ESI) which is compiled by the University of C [...]

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