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Tag: Cyprus

Posted on May 8, 2023

Cyprus property sales hit €1.7 billion in first quarter of 2023

The value of real estate sold in Cyprus during the first quarter of 2023 reached €1.7 billion, according to a report released on Monday by the Department of Land and Surveys. In a separate …

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Posted on May 7, 2023

Spiralling rents in Cyprus unprecedented and alarming

The housing situation in Cyprus has become a matter of great concern, with rental prices soaring to unprecedented levels. While the reasons for this situation are multifaceted, it is evident that …

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Posted on May 5, 2023

Finance ministry says it froze €1.5 billion in Russian assets

The finance ministry on Friday hit back over reports Cyprus had a low amount of Russian oligarch assets frozen, compared to other EU counterparts. The ministry’s permanent secretary George Panteli …
Posted on May 5, 2023

Cyprus behind on freezing Russian assets, EU official says

NICOSIA, Cyprus (AP) — The European Union’s executive arm wants to delve deeper into why Cyprus has only frozen 100 million euros ($110 million) worth of assets belonging to Russians facing sanctions …
Posted on May 5, 2023

Cyprus behind on freezing Russian assets, EU official says

NICOSIA, Cyprus (AP) — The European Union’s executive arm wants to delve deeper into why Cyprus has only frozen 100 million euros ($110 million) worth of assets belonging to Russians facing sanctions …
Posted on May 5, 2023

Cypriot economy strong despite challenges, finance minister says

Despite the global uncertainty, the Cypriot economy continues from a strong position in 2023, according to Minister of Finance, Makis Keravnos. Speaking at the forum of the Cyprus association of …
Posted on May 5, 2023

Cypriot economy strong despite challenges, finance minister says

Despite the global uncertainty, the Cypriot economy continues from a strong position in 2023, according to Minister of Finance, Makis Keravnos. Speaking at the forum of the Cyprus association of …
Posted on May 5, 2023

‘Our credibility must be safeguarded’: Cyprus in turmoil after Russia sanctions

Island shuts 10,000 Russian bank accounts as US and UK put Cypriot lawyers and accountants under sanctions for enabling oligarchs including Roman Abramovich …
Posted on May 3, 2023

A Place in the Sun buyer breaks down in tears as Cyprus property tour takes emotional turn

A PLACE in the Sun expert Jasmine Harman caused her potential buyer to break down in tears after their Cyprus property hunt took an emotional turn.  The Channel 4 show sees a couple being …

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Posted on May 3, 2023

No sales transaction for hotels in Varosha, IPC chair says

Foreign Minister Constantinos Kombos, speaking following a meeting with Ioannou, said the sale of the properties in Varosha undermines the Greek Cypriot position on the territory aspect of the Cyprus …

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