Household debt in Cyprus stood at 66 per cent of Gross Domestic Product (GDP) at the end of 2023, while corporate debt reached 133 per cent of GDP, according to the Central Bank of Cyprus’ (CBC) …
EU funnels aid to Lebanon amid Syria migrant surge to Cyprus
The EU’s Ursula von der Leyen unveiled a €1 billion economic aid package for Lebanon in exchange for the country slowing migration to the EU. The move comes amid a sharp rise in Syrian refugees headed …
Top 10 big-buy deals in Cyprus
The cost of the top ten most expensive property sales transactions completed in March amounted to €48.1 million, with the most expensive transaction being an office building in Potamos Germasogeia in …
Cyprus real estate agents back property law amendment
The Cyprus Real Estate Agents Registration Council released a statement on Tuesday expressing support for a new government bill related to the frequency of property valuations, saying that this will …
Top 10 property deals in Cyprus
Limassol recorded the most expensive property sale in March, with a cluster of regions also making it into the Top 10. According to Ask Wire, a company that merges real estate sector expertise with …
Cyprus government and banks piling-up cash
They could do more to support economy and citizens Over the last two years the Cyprus government has produced mounting surpluses and boosted substantially its cash balances at banks. And during the …
UPDATE 1-Gaza aid from Cyprus resumes after pause following aid worker killings
Aid shipments to Gaza from Cyprus resumed late on Friday, a Cypriot source and a UAE official said, with a ship carrying food to the besieged Palestinian enclave after a pause following Israel’s …
UPDATE 1-Gaza aid from Cyprus resumes after pause following aid worker killings
Aid shipments to Gaza from Cyprus resumed late on Friday, a Cypriot source and a UAE official said, with a ship carrying food to the besieged Palestinian enclave after a pause following Israel’s …
Cyprus residents’ bank deposits rise by €318.5 million
The Central Bank of Cyprus (CBC) on Friday reported an increase in both loans and total deposits within the Cypriot banking system for March 2024. According to the CBC, liquidity, measured as the …
Cyprus residents’ bank deposits rise by €318.5 million
The Central Bank of Cyprus (CBC) on Friday reported an increase in both loans and total deposits within the Cypriot banking system for March 2024. According to the CBC, liquidity, measured as the …