Cyprus Archives - Financial Mirror

60% of Cypriots ‘likely’ to vote on June 9

Despite the interest in electing mayors and hundreds of local councilors, Cypriots are showing less enthusiasm to vote in the June 6-9 elections than their European counterparts. The European Parliament’s Spring 2024

17th April 2024

Cyprus/Europe

Daleela resumes Limassol-Piraeus ferry

The Daleela passenger and car ferry will resume its Limassol to Piraeus sailings from the end of May to early September, with bookings available as of Wednesday. Ticket prices for the 22

16th April 2024

Companies/Cyprus/Maritime

CSC demands release of MSC Aries crew

The Cyprus Shipping Chamber has called for the immediate release of all 25 crew on board the Portuguese-flagged containership MSC Aries that was seized by Iran on Saturday, in retaliation for Israel’s

15th April 2024

Cyprus/Maritime/Middle East

Kition agrees to €4.2 mln guarantee for Larnaca marina

Construction of the €1.2 bln Larnaca port and marina project seems to be back on track after the operator and the Cyprus government reached a compromise agreement over a financial deadlock on

15th April 2024

Cyprus/Maritime

Cypriots squeezed out of the property market

Cypriots are being squeezed out of the property market as they can’t afford climbing rents. Hiking construction costs and interest rates are making homes unaffordable, with the need for the government to

14th April 2024

Columnists/Comment/Cyprus/Property

The illogical trend of holiday tents and yurts

On the one hand, there is an evident effort by the Deputy Ministry of Tourism to upgrade the quality of local hotels and entertainment venues, both in terms of upgrading the building

13th April 2024

Columnists/Comment/Cyprus/Property

Larnaca port delay talks on Monday

President Nikos Christodoulides will chair a meeting with all stakeholders on Monday in an effort to break the deadlock and push ahead with the stalled €1.2 bln Larnaca port and marina project.

13th April 2024

Companies/Cyprus/Maritime/Property

Gaza aid could reach 1,500 tonnes a week

Relief for the aid-stricken Palestinians in the Gaza strip could reach about 1,500 tonnes a week, once a U.S.-built jetty is operational, probably by the end of the month, according to the

12th April 2024

Cyprus/Maritime/Middle East

Trade deficit narrows in Jan-Feb

The trade deficit for the first two months of the year fell to €1,144.4 mln, compared to €1,929.6 mln in January-February last year, on a significant 32% drop in imports and a

10th April 2024

Cyprus/Economy

Cyprus real estate sector steaming ahead

The Cyprus real estate market is steaming ahead and far from cooling down, as 2023 closed with 25,400 transactions worth €5.6 bln, according to a study by Deloitte. The ‘Big Four’ audit

10th April 2024

Companies/Cyprus/Property