International rating agency Fitch has affirmed Cyprus’ Long-Term Foreign-Currency Issuer Default Rating (IDR) at BBB, assigning a Stable Outlook, assuming that fiscal surpluses will continue despite …
Economic growth projection for Cyprus upped
International rating agency Fitch has affirmed Cyprus’ Long-Term Foreign-Currency Issuer Default Rating (IDR) at BBB, assigning a Stable Outlook, assuming that fiscal surpluses will continue despite …
Turkey’s president unwavering on two-state policy to resolve Cyprus’ ethnic division
Turkey’s president said Monday that any deal resolving Cyprus’ ethnic division of nearly half a century must be based on recognition of a breakaway Turkish Cypriot state in the island nation’s northern third. President Recep Tayyip Erdogan’s …
Turkey’s Erdogan says his economic views are same but will accept minister’s policies
– Turkish President Recep Tayyip Erdogan greets the people as arrives in the Turkish occupied area of the divided capital Nicosia, Cyprus, Monday, June 12, 2023. President Re …
Holiday home sales up in Cyprus, Greece over EU residency
Cyprus’ Leptos Estates has recorded a surge in sales and enquiries for high-end holiday homes in Greece and Cyprus to purchasers from Mena looking to secure residency status and freedom of travel …
Cyprus tries to shed reputation as Moscow’s financial lackey
For Cypriots, it was a collective “here we go again” moment. In April, the U.S. and the U.K. included a handful of Cypriot nationals and Cyprus-registered companies on a list of “enablers” helping …
Cyprus house prices continue to rise
Construction costs and demand keep property prices high Housing prices in Cyprus continued their upward trajectory in the fourth quarter of 2022, driven by both increased construction costs and rising …
British woman found dead in Cyprus covered head to toe with bruises
A British woman has been found dead at home in Cyprus with “bruises all over her body”. The discovery was made in an apartment in the Kato Paphos neighbourhood on the west of the island. The …
Cyprus labors to shield reputation amid new US, UK action on Russian ‘sanctions evasion network’
In April, the U.S. and the U.K. included a handful of Cypriot nationals and Cyprus-registered companies on a list of “enablers” helping Russian oligarchs skirt sanctions. It was an unwelcome reminder …
Cyprus labors to shield reputation amid new US, UK action on Russian ‘sanctions evasion network’
In April, the U.S. and the U.K. included a handful of Cypriot nationals and Cyprus-registered companies on a list of “enablers” helping Russian oligarchs skirt sanctions. It was an unwelcome reminder …