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Tag: Cyprus

Posted on May 27, 2024

Minthis ranked 29th among Europe’s top 100 golf resorts for 2024

Minthis resort has been ranked the No.1 golf resort in Cyprus, and 29th top golf resort in Europe for 2024, as rated by the prestigious Leading Courses ranking system, based on reviews of travellers …

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Posted on May 26, 2024

A bank windfall tax is not the answer in Cyprus

By Erol Riza Last week the two major opposition parties locked swords with Akel calling for a windfall tax on the “unexpected” earnings of the banks while Disy accused Akel of populism, wishful …
Posted on May 25, 2024

Moody’s upgrades Cyprus outlook to positive

Rating’s agency Moody’s on Saturday upgraded the outlook on the government of Cyprus to positive from stable. The decision to improve the outlook reflects Moody’s confidence in the potential for …
Posted on May 25, 2024

Cyprus sees slight increase in non-performing loans

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 …
Posted on May 24, 2024

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 …

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Posted on May 19, 2024

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 …
Posted on May 18, 2024

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 …
Posted on May 17, 2024

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 …

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Posted on May 15, 2024

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 …

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Posted on May 15, 2024

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 …

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