Sales staff in the real estate sector do not pay particular attention to educating themselves and becoming professionals at the required level. There are 400 registered estate agents, plus another 270 sales assistants who can be involved in property deals. Bearing that only registered estate agents/assistants can sell the owners of a property, the agents
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Cyprus’ state prosecution service said Friday that the decision of the Criminal Court to jail a man who received services of a sexual nature from a victim of human trafficking was a legal milestone. “This is the first time that a ‘client’ has been convicted by a Cypriot Court,” said Cyprus’ Legal Services on Friday.
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By Craig Erlam European stocks are ending the week on a high, buoyed by another encouraging inflation report that will soon support the end of the ECB’s tightening cycle. Not only did the headline HICP rate fall further than expected, but the slight rebound at the core level – driven largely by unfavourable base effects,
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Growing discontent over how authorities handled the investigations into the death of conscript Thanasis Nicolaou has triggered public anger as social media support groups organised a protest on 12 July outside the Presidential Palace. The development comes after Attorney General closed the investigation of his death in 2005 without prosecution, despite evidence showing he was
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Israel intelligence services (Mossad) said they had captured the man behind the thwarted terrorist attack against Israeli targets in Cyprus. Israel said on Thursday its Mossad intelligence service carried out an operation in Iran to capture the suspected leader of an Iranian plot to attack Israeli businesspeople in Cyprus and thwart the attack. “In a
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Limassol Police are now investigating a double murder case after the second victim of a stabbing incident outside a Ypsonas bar succumbed to his injuries. The two Greek Cypriot suspects now face charges of premeditated murder and were re-remanded in police custody. According to a police statement, 52-year-old Michalis Michael died in the hospital around
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Israel’s Justice Ministry has banned Israeli citizens from engaging in surrogacy procedures in the Turkish-occupied north, warning them of sanctions. There is a similar ban on the same procedure in Albania and Kenya. The Unit for Combating Human Trafficking, Prostitution and Polygamy, part of the ministry, said the ban was imposed “because there are valid indications
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Trade and crossings across the Green Line dividing the island increased last year compared to 2021, according to an annual report published by the EU Commission. According to the Green Line Regulation report, trade across the Green Line in 2022 increased by 138% to a record value of more than €14.6 mln. In 2021, the
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By Craig Erlam It was a mixed trading session on Thursday as we got more evidence of economic resilience from the US which has left investors wondering whether they’ve once again underestimated how much monetary tightening is going to be necessary. This has been a common theme this year with markets repeatedly reflecting a far
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Bank of Cyprus has a reward plan to compensate borrowers consistent with their mortgage instalments even though affected by rising interest rates by the European Central Bank. Phileleftheros daily said BoC would announce the reward scheme through which borrowers will earn bonus points on their credit cards, which they can redeem at retail stores. The
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