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COVID19: Strange side-effects for real estate

There are side-effects for real estate in Cyprus due to the coronavirus, the closing of airports and the expected reduction of income by the locals. Here is some of our experience over the last 20 days. Real estate owners, a large percentage, refuse visits of potential buyers to their units, due to their concern that

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COVID19: Fitch changes Cyprus outlook over virus impact

Fitch rating agency has changed the outlook for Cyprus from positive to stable, citing the impact of the coronavirus pandemic on its economy and Nicosia’s fiscal position. In a rating action issued on Friday, Fitch affirmed Cyprus’ Long term rating

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COVID19: Divided Cyprus has over 430 cases

Cyprus recorded its second-highest daily jump in confirmed coronavirus cases as health authorities announced another 36 infections and one more death on Thursday. Just two days after the implementation of tougher social

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COVID19: Cluster’s last stand

Three weeks in self-isolation takes its toll on trying to discover reasons to be optimistic, especially when I’m supposedly living in the

SMEs will foot the bill, again!

It’s the 2012-13 banking collapse and financial crisis all over again. Only this time around, despite grandiose announcements of financial aid, it

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COVID19: Lebanese oil and gas sector feeling the strain

By Mona Sukkarieh The coronavirus pandemic has rattled global oil markets in unprecedented ways. First, the failure of OPEC+ to agree on a collective response to the crisis early March drove a wedge between Saudi Arabia and Russia and threatens to flood

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COVID19: EAC moves services online

Cyprus Electricity Authority (EAC) customer service centres will remain closed to the public until April 16 while moving all services provided by

COVID19: Cluster’s last stand

Three weeks in self-isolation takes its toll on trying to discover reasons to be optimistic, especially

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