New legislation for housing loans

New legislation was put into force in May regarding the granting of housing loans to consumers, bringing Cyprus in line with an EU Directive, introducing a number of regulations and obligations upon c [...]

FINANCE
|
BY Elena Economou
|
Jul 03 2017

Glass Houses

These concept Glass Houses, by Santambrogio Milano, are located in Milan, Italy. The barriers usually created by floors, ceilings, and walls in a home are nonexistent here, and every nook and cr [...]

EYE CANDY
|
BY Elena Economou
|
Jul 01 2017

10 of the most unique homes ever built [PICS]

SINCE THE DAYS OF THE cave painting, humans have designed and lived in dwellings that reflect our social, psychological, and physical needs. The longer we exist, the more our simple caves evolve into [...]

EYE CANDY
|
BY Elena Economou
|
Jun 30 2017

Cypriot Passport ranks 12th Worldwide

The Cypriot passport has scored a passport rank of 12 worldwide, in the list of the Global Passport Power Rank by the Power Index 2017. Germany and Singapore came first with a visa-free score of 159 [...]

MARKET TRENDS
|
BY Elena Economou
|
Jun 28 2017

Melco the main shareholder of casino

Melco International Development Ltd, will be assuming the majority stake of 70.74% shareholding of the integrated casino resort project in Cyprus, with the agreement to purchase Hard Rock’s interest [...]

MARKET TRENDS
|
BY Elena Economou
|
Jun 28 2017

EU hits Google with record 2.42 billion euro antitrust fine

EU antitrust regulators hit Alphabet (GOOGL.O) unit Google with a record 2.42-billion-euro ($2.7 billion) fine on Tuesday, indicating they will likely take a tough line with the company in two other o [...]

MARKET TRENDS
|
BY Elena Economou
|
Jun 27 2017

MPs seek to ease the pain of VAT increase on building plots

Lawmakers on Monday sought to further tweak an EU harmonising bill whereby the state would levy 19 per cent VAT on building and development plots. It concerns the imposition of VAT on land sales for [...]

MARKET TRENDS
|
BY Elena Economou
|
Jun 27 2017

Moody's upgraded BOCH

Moody`s Investors` Service has upgraded Bank of Cyprus Public Company Limited`s (BoC`s) long-term local and foreign currency deposit ratings to Caa1 from Caa2 and its Provisional Senior Unsecured EMTN [...]

FINANCE
|
BY Elena Economou
|
Jun 26 2017

Top 7 tips for moving abroad

Relocating can be an anxiety-inducing experience, whether you’re moving down the block or to a new city. But moving to an altogether new country presents a whole different set of hurdles to deal wit [...]

TIPS & ADVICE
|
BY Elena Economou
|
Jun 25 2017

Manhattan skyline for Limassol?

Numerous high-rise buildings, comprising commercial and residential properties, are set to dominate the skyline of Limassol; several are already under construction others are in the pipeline. At 37 [...]

MARKET TRENDS
|
BY Elena Economou
|
Jun 24 2017