Property prices in Cyprus have risen to levels last seen in 2012, just before the banking crisis according to the Cyprus Central Bank.
There is a gap in new legislation regarding buffer zone property
The amendment to the legislation that took place on February 24 (Law 9(I)/2024) no longer allows the sale of immovable property located in areas not controlled by the Republic of Cyprus of a judgment …
Cyprus says it will adopt FBI guidance on tackling financial crime and sanctions evasion
A US team that spent nine months on Cyprus has produced a detailed report outlining specific recommendations and proposals including additional staff training, upgrading high-tech systems and amending …
Cyprus borrowers association warns of rising financial insecurity
The majority of Cypriots are experiencing increasing financial insecurity, a situation that demands serious attention, according to the Cyprus Borrowers Association (Syprodat). In a statement released …
Cyprus finance ministry welcomes IMF assessment of economy
The Finance Ministry has welcomed the observations and recommendations made by the International Monetary Fund (IMF) during its mission to Cyprus as part of the Article IV consultations.In a statement …
Vietnam, Cyprus expand economic and investment cooperation
Vietnamese Ambassador to Italy and Cyprus Duong Hai Hung visited Cyprus from March 27-28, with key events held to strengthen bilateral ties in a new phase of cooperation.
Cyprus finance ministry welcomes IMF assessment of economy
The Finance Ministry has welcomed the observations and recommendations made by the International Monetary Fund (IMF) during its mission to Cyprus as part of the Article IV consultations.In a statement …
Exploring the Future of Cyprus Real Estate: Insights from the IMF Meeting
In a significant meeting held on Wednesday, the Cyprus Property Developers Association convened with a delegation from the International Monetary Fund (IMF) to discuss the promising future of the …
Cyprus real estate sector’s future discussed in meeting with IMF delegation
The Cyprus Property Developers Association met with a delegation from the International Monetary Fund (IMF) on Wednesday, according to an official announcement. The meeting was attended by the …
Cyprus committed to fiscal responsibility, says Patsalides
Central Bank of Cyprus (CBC) governor Christodoulos Patsalides on Friday highlighted the country’s economic transformation in recent years, while also outlining the challenges that lie ahead. Speaking …