Finance Minister Makis Keravnos said on Friday that Cyprus’ economy is “operating at a better level than most countries in the European Union”. Speaking to CyBC radio, he disputed claims that the …
Cyprus and U.S. to form partnership to combat financial crime
The two countries are finalizing an agreement under which the U.S. Justice Department and FBI will assist Cyprus authorities in identifying and prosecuting sanctions evasion and other illicit finance …
Cyprus to get US expertise in countering money laundering
The United States and Cyprus are to boost their cooperation in enhancing Cypriot capabilities in countering and prosecuting illicit finance operations, the two governments said on Tuesday. Read more …
Cyprus sees surge in deposits and loans in February
Total deposits in Cyprus saw a significant net increase of €65.4 million in February 2024, rebounding from a substantial decrease of €366 million during the previous month, according to a report on …
Cyprus New Build That Feels Like It’s Floating Over the Mediterranean Lists for €3.19M
A lavish and contemporary villa in Cyprus that sits right on sparkling waters of the Mediterranean Sea has hit the market for €3.19 million (US$3.45 million).
Property Gallery’s flagship project showcased at MIPIM 2024
Leading Cyprus real-estate developer Property Gallery took part successfully in MIPIM 2024, presenting YOO inspired by Starck, demonstrating its commitment to delivering cutting-edge and esteemed …
Pros and cons of gated communities in Cyprus
Gated housing projects are a relatively recent development in Cyprus, which has come as crime, particularly thefts, has increased and people want to feel more secure in their homes. The need for this …
Cyprus banks: interest rate policies harming borrowers and savers
Recent statements by Cyprus bankers that the profitable activities of banks are contributing importantly to the good performance of the Cyprus economy and that large bank profits emanate mainly from …
Off-grid Cyprus: luxury yurt retreat shows off another side to the island
The 1974 partition of Cyprus and the uprooting of residents is brought starkly … View image in fullscreen A yurt in the eco retreat, the last inhabited property before entering the forested Troodos …
‘A very big and increasing presence of Israeli businesses in Cyprus’
In response to the ongoing investigation by the Israel Tax Authority (ITA) into Israeli assets in Cyprus, officials from Cyprus’ finance ministry and accounting associations have both acknowledged …