Financial analysts believe that Cyprus’ Citizenship for Investment Scheme (CIS) should be scrapped as it causes more harm than good with reports of dodgy investors buying their way into the European Union.
Cyprus’ fledgeling film industry, dubbed Olivewood, is slowly getting back on track after the coronavirus outbreak and difficulties faced with the government’s incentive scheme have been overcome. Following the successful completion of
Authorities in Limassol are pooling their resources to respond to growing fears over the environmental impact of unprecedented development in the past decade such as mushrooming luxury towers and shipping activities. Limassol
The Mediterranean is becoming a prominent and vulnerable climate change “hotspot” threatening the marine ecosystem with global warming that usher’s tropical jellyfish to Cyprus shores. Marine biologists are sounding the alarm over
The 6-year government retail bonds programme is expected to continue despite no longer carrying an attractive interest rate of almost 6% and having to depend solely on local investors. Despite being removed
While Cyprus’ traditional squeaky cheese is being grilled in courtrooms across the world, the battle over what makes a halloumi is still brewing at home. The famous white cheese is in for
Economists in the north fear that Turkish Cypriots will face the full brunt of the Turkish Lira’s collapse, as their overdependence on imports and funding from Ankara leaves no room to set
People will have to wear masks in busy indoor spaces such as supermarkets, stores and banks as part of new stricter measures to combat the spread of the coronavirus or will be
Concerned over a COVID-19 cluster forming in Limassol, the government of Cyprus is considering to reintroduce a set of restrictive measures to stem the spread of the virus in the city and
Paphos is in for a facelift with its fair share of new developments while getting smarter with digital projects worth tens of millions of euros nearing completion or in the making. Once
