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CYPRUS: Better economic sentiment driven by business confidence in services

Economic sentiment in Cyprus improved in December as the University of Cyprus Economic Sentiment Indicator increased by 3.4 points from November 2018 and is 1.8 points better off than a year ago.

7th January 2019
Business

CYPRUS: Companies owe EUR 160 mln in unpaid annual registration fees

Almost half of the companies listed with Cyprus’ Registrar of Companies have not paid their registration premium for the past four years, with the state losing out on tens of millions in

7th January 2019
Cyprus

CYPRUS: Despite law change house repossessions still at a low ebb

Recent changes to the law on home repossessions, aimed at giving the Cyprus banking system a tool to reduce their NPL portfolios does not seem to have contributed much to this end.

7th January 2019
Business

CYPRUS: Tourism revenue spiked 6% in October

Revenue from Cyprus tourism surged 6% in October reaching €293.8 mln from €277.1 mln in the same month of 2017, it is the highest percentage increase since March. For the 10 months

7th January 2019
Business

TOURISM: Cyprus will have to wait for any Brexit outcome

  Savvas Perdios, the first junior minister for tourism after the Cyprus Tourism Organisation was restructured, believes the critical time to see how Brexit will affect holidaymakers from the UK will be

7th January 2019
Cyprus

LEISURE: Cyprus households spend more than other EU states on hotel stays

Cyprus is second only to Malta in the EU when it comes to total household expenditure on restaurants and hotels. But Cyprus comes top when spending only on hotel and other accommodation

7th January 2019
Business

ECONOMY: Cyprus businesses optimistic over 2019 prospects

Cypriot firms are moderately optimistic about their business prospects over the coming year, according to the Pan-European Economic Survey of European Chambers of Commerce. The survey involved over 45,000 businesses in 26

7th January 2019
Business

PROPERTY: An overview of the Cyprus real estate market 2018-19

. Here's an overview of the main trends in the Cyprus property market over the next 12 months following on from 2018. Increasing demand for Grade A office space Nicosia, being the

7th January 2019
Comment

CYPRUS: Government confident UN peacekeepers will stay

Nicosia expects the UN peacekeeping force in Cyprus (UNFICYP) mandate will be renewed later this month by the UN Security Council, government spokesman Prodromos Prodromou said. It would be “an absolute paradox”

6th January 2019
Cyprus

Are Cyprus police overworked and underrated?

It may have come as some surprise to many Cypriots to hear that Cyprus has the most cops per capita than anywhere else in Europe. Cyprus has the highest number of police

6th January 2019
Comment/Cyprus
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