Leptos Group, the landmark Limassol Del Mar developer, is starting work on a second luxury project in the coastal town, the mixed-use Blu Marine. The company announced it had awarded the construction
In July, Cyprus prices rose for the fourth month in a row, as the consumer price index rose 4.04% year-on-year, following a 3.14% increase in June. Transport prices grew 10.12% annually in
In July, the number of registered unemployed in Cyprus decreased annually by over 13,000 (41.4%) to under 23,000, returning to pre-pandemic levels. This is mainly due to major employers in the accommodation
By Nicole K. Phinopoulou The main pillar of consideration for creating a viable strategy; What does it take to achieve any business goal? If we want to be honest and crystal clear,
Melco, the operator of Cyprus Casinos and the upcoming integrated resort, City of Dreams Mediterranean, is actively engaged in combating COVID-19 through targeted initiatives while supporting government efforts for community-wide vaccination. With
Net new loans for house buying rose to €114 mln in June, reaching a new all-time monthly record since December 2014, when the Central Bank of Cyprus (CBC) began recording data. The
Most of the banks in an EU-wide stress test seem to have ample capital or exceed the yardstick 10% of funds, according to a ‘worst case scenario’ exercise conducted on 89 systemic
The coronavirus pandemic was one of the biggest and most severe shocks of our daily lives in the past few decades. Whereas individuals often adapt their habits to different situations, the pandemic
More than one in ten small businesses (13%) were forced to shut down during 16 months of coronavirus restrictions and lockdowns. Shopkeepers still withstanding the hits delivered by the pandemic are calling
Rescueline, the largest road assistance provider in Cyprus, announced the acquisition of Mapfre Asistencia in Greece, one of the country’s leading roadside support providers. By joining forces with Mapfre Asistencia, Rescueline’s role
