MARKET TRENDS

Limassol Del Mar: Construction Works are in Full Swing

Limassol Del Mar: Construction Works are in Full Swing

Limassol Del Mar is a fully licensed, pioneering and luxurious project, which constitutes a developmental milestone of high standards, not only for Cyprus but also worldwide. The construction works c [...]

Building Permits Increase Significantly in 2018

Building permits authorized by the municipal authorities and the district administration offices increase by 342 during the period January – August 2018, according to data released by the Statistic [...]

European Commission: Strong growth momentum continues in Cyprus

The European Commission forecasts the maintaining the dynamics of robust economic activity in Cyprus, with growth rates reaching 3.9% in 2018, 3.5% in 2019 and 2.9% in 2020, in its autumn economic fo [...]

Lakkotrypis: Cyprus touching 4 mln visitors in 2018

Cyprus is expected to reach 4 million tourists in 2018, with the Minister of Tourism Yiorgos Lakkotrypis speaking of “another exceptional record year.” He was speaking at the annual World Travel [...]

Households and businesses debt records small drop

The debt owed by households and businesses recorded a small drop on a quarter-to quarter basis in the second quarter of this year, data released by the Central Bank of Cyprus show.According to a summ [...]

EU green light expected for contentious bad loan payback scheme

A scheme aimed at helping vulnerable homeowners repay their mortgages is expected to receive the green light from the European Commission sometime in November without any radical changes, Finance Mini [...]

Cyprus to proceed with energy plans, energy minister says

The Republic of Cyprus will proceed with its energy plans, exactly as foreseen, Minister of Energy Yiorgos Lakkotrypis said on Sunday from Paphos. Asked if the Republic of Cyprus has taken any steps t [...]

Laudamotion launches flights from Larnaca to Vienna

Austria’s low fare airline Laudamotion has announced that it is launching flights from Larnaca to Vienna, twice a week, starting in October.Fares started from €19,99, a press release issued by th [...]

Altamira boosts real estate sales

Altamira Asset Management Cyprus is changing the way we search for real estate in the Cypriot market, by launching a new pioneering website today where properties across Cyprus will be available excl [...]

Industrial turnover up in first seven months of 2018

Industrial turnover in Cyprus recorded an increase in July and during the first seven months of this year, data released by the Cyprus Statistical Service show.In particular, according to the data th [...]

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