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Tag: Cyprus

Posted on May 5, 2024

Archbishop appeals to ‘motherland’, warns of Turkey’s conditions

Accepting Turkey’s conditions to resume talks for the Cyprus problem would be a mistake, Archbishop Georgios said in his Easter message on Saturday. He sent an “anguished appeal to the government of the motherland”,
Posted on May 4, 2024

Cyprus gives Chevron another 6 months to come up with a timetable on a natural gas field development

The Cyprus government has given Chevron another six months to come up with a revised plan to develop a sizeable natural gas deposit off the island nation’s southern coastline after an earlier plan …
Posted on May 3, 2024

Cyprus household debt reached 66 per cent of GDP in 2023

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) …
Posted on May 2, 2024

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 …
Posted on May 1, 2024

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 …

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Posted on May 1, 2024

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 …

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Posted on April 29, 2024

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 …

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Posted on April 28, 2024

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 …

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Posted on April 27, 2024

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 …
Posted on April 27, 2024

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 …

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