CYPRUS: Economic sentiment down in June, says UCy

Construction, consumer confidence are negative drivers The economic sentiment in Cyprus deteriorated slightly in June, according to the University of Cyprus monthly Economic Sentiment Indicator (ESI-CypERC) that declined by 0.8 points from

CYPRUS: Is Limassol becoming a sky-rise bubble?

Cyprus, and Limassol in particular, seems to be divided between two basic principles – to allow a new construction boom, with 30-storey sky-high towers, contributing significantly to the local economies in the