Central Bank of Cyprus (CBC) governor Christodoulos Patsalides praised the resilience of Cyprus’ economy in the face of global challenges on Thursday, during a monthly meeting of the Cyprus Shipping …
Cyprus inflation slows to 2.5 per cent in January
Inflation in Cyprus rose by 2.5 per cent year-on-year in January, marking a slight slowdown compared to the 2.6 per cent recorded in December. According to the Statistical Service of Cyprus (Cystat), …
Cyprus a rising hub for global shipping and maritime tech
Cyprus has long been a shipping powerhouse, but its role is evolving fast to meet the needs of the digital age, according to Christoph Stork, CEO of Cyprus-based bunker trading platform XMAR. “When it …
Cyprus Business Now: lending criteria, betting revenue, BoC scheme, developers
Lending criteria for businesses and households in Cyprus remained unchanged during the third quarter of 2024, when compared to the previous quarter, according to the bank lending survey published by …
Cyprus property developers push for loan policy reforms
The Cyprus Property Developers Association has called on banks to revise their lending policies, stressing the need for alignment with European standards. The issue was raised during a meeting earlier …
Cyprus Business Now: Hellenic Bank, natural gas, Salamis Tours, property prices
Exploration activities in three offshore blocks inside Cyprus’ exclusive economic zone (EEZ) have come to an end after the licenses expired without renewal, the government said on Tuesday. Licenses to …
Retail sales in Cyprus up 5.8 per cent in December
The retail trade turnover index in Cyprus increased by 5.8 per cent in December 2024 compared to the same month in the previous year, according to data released by the Cyprus Statistical Service …
Cyprus property sales get off to a flying start
The Cyprus property market has got off to a flying start in 2025, as the number of property sales contracts deposited at Land Registry offices …
Cyprus apartment prices and rents rise from year before
Both apartment prices and rental costs in Cyprus increased during the fourth quarter of 2024, rising by 1.3 per cent and 1.5 per cent year-on-year, respectively, according to real estate analytics …
I sold my three-bed semi in the UK for £485k and built my dream home in Cyprus
As the seller wanted the money straight away, he agreed that if Marietta bought one plot for €85,000 (£70,500), she could have the other plot for €5,000 (£4,150). She then sold her Edwardian, …