There was a slight increase in the absolute numbers of non-performing loans (NPLs) in Cyprus in January of this year, with the ratio of NPLs to total loans remaining stable at 7.9 per cent. According …
Cyprus rental costs surge by 9.3 per cent — Limassol sees highest property price increases
Property values in Cyprus marked an increase during the first quarter of 2024, compared to the same period during the previous year, according to a report released on Friday by real estate analytics …
As wealth inequality rises in Cyprus both people and democracy suffer
It has profound socioeconomic effects, as well as political consequences in shaping the outcome of elections and policiesCyprus is a wealthy nation; but that wealth is very unevenly divided. These …
AI’s use in finance may need new rules, ECB says
The use of artificial intelligence in finance is still in its infancy but it needs to be … also considering potential reputational risks,” the ECB said. The Cyprus Mail is the only English-language …
8 EU members say conditions in Syria should be reassessed to allow voluntary refugee returns
NICOSIA, Cyprus (AP) — The governments of eight European Union member states said Friday the situation in Syria should be re-evaluated to allow for the voluntary return of Syrian refugees back to …
Cyprus developers highlight GDP contribution, creation of 35,000 jobs
The Cyprus Property Developers Association (LBDA) marked its 40th anniversary this week, stating that during this time it has emerged as a “dynamic advocate and representative of the land and property …
DND Homes Unveils Expansion Plans in Northern Cyprus with Over 30,000 Housing Projects
DND Homes, a leading $300M US developer, unveils massive 30,000+ housing project expansion in Northern Cyprus, introducing luxury living …
REALTYon EXPO: biggest-ever real-estate event in Cyprus fast approaching
REALTYon EXPO, the number one real estate event in the Mediterranean, is returning to Cyprus once again, with the 2024 expo expected to be even bigger and better than last year’s hugely successful …
Housing prices maintain upward trend
The upward trend in housing prices, primarily driven by increases in apartment prices, persisted during the fourth quarter of 2023, according to a report published by the Central Bank of Cyprus on …
House Price Change 15 Years (Inflation-Adjusted) in Cyprus compared to Europe
Cyprus publishes a quarterly house price index, which can be obtained from the Central Bank of Cyprus. General economic statistics also come from the Central Bank of Cyprus, and the Ministry of …