In a recent interview with the Cyprus Mail, Harris Georgiades recounted an exchange he had with Georgiou shortly after he took office as finance minister in April of that year: “The accountant-general …
Cyprus Business Now: weekly wrap-up
In other news, over 70 per cent of housing scheme applications in Cyprus have been deemed eligible for potential loans, according to a report by the Ministry of Finance. This comes after the …
Where to buy property in Cyprus
Additionally, foreign property investors are returning to Cyprus to enjoy capital appreciation opportunities, as well as an attractive quality of life for those looking to relocate, with access to …
Cyprus to speed up repairs to high-rises amid quake worries
NICOSIA, Cyprus (AP) — Cypriot authorities will spend more than 100 million euros ($106 million) to repair dozens of dilapidated high-rise housing units built decades ago for refugees from the …
Buying Property in Cyprus
How high are realtors´ and lawyers´ fees in Cyprus? What about other property purchase costs? This article is a brief summary of the real estate purchase process and costs in Cyprus. How difficult is …
Over 70 per cent of housing scheme applications eligible for loans
the Ministry of Finance stated that the Housing Financing Corporation (HFC) should evaluate the applications and send them for approval to the Treasury of the Republic of Cyprus by June 30, 2023. It …
UN official says world body committed to Cyprus peace deal
The United Nations remains committed to helping rival Greek Cypriots and Turkish Cypriots reach an agreement remedying the island nation’s ethnic cleave that has been the source of instability in the …
Man who bought home on ‘UK’s most dangerous street’ for £5,000 says it’s now worth £1m
After moving to the UK from Cyprus, Hasan Rezvan, 75, wanted to buy a house on Coldharbour Lane near Brixton for £7,000. But then the bank said he could only afford £5,000, he settled on a four-bed …
Russians top list of foreign property buyers
Russians were the largest group of foreign real estate buyers in Cyprus during the first two months of 2023 followed by Brits and Israelis.
Fitch ratings upgrades Cyprus’s long-term credit ratings
Fitch Ratings has upgraded Cyprus’ long term foreign-currency issuer default rating by one notch to “BBB” from “BBB-,” according to a statement published by Fitch on Saturday. The statement said the …