Annual property sales jump 18%

Property sales increased by 18% during the first nine months of 2022, compared to the same period last year. Also, the number of sale agreements submitted to the Land Registry increased by

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Cyprus ‘vindicated’ by US lifting arms ban

Lifting of the decades-long US arms embargo against Cyprus has vindicated the country for clearly demonstrating its policies belong to the West and does not waver from political allies, said Interior Minister Nicos

A lone star that no longer shines

The government seems to have had second thoughts on rushing through parliament a protectionist measure to prevent an American investment fund from taking over the Bank of Cyprus. This bill was supposed

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Door reopens on airline incentive scheme

The government has left the door open to recalling its decision to freeze an incentive scheme supporting airlines to keep Cyprus on schedule through the COVID and the Ukraine war. In comments

AKEL wants 90% windfall tax on RES profits

Main opposition party AKEL has tabled two bills targeting excess profits with a whopping 90% windfall tax on energy producers working with Renewable Energy Sources. The bills tabled by the left-wing party

COVID19: 2 deaths, patient numbers steady

Cyprus reported two coronavirus deaths during the past week on Friday, as hospitalisations stabilised at 47, down four from last week, while critical cases were limited at just two. The Health Ministry