The eastern Mediterranean has been attracting increased attention from energy companies and European governments in recent weeks, as the realisation of the anticipated difficulties in securing next winter’s gas supplies sinks in.
The rising cost of construction in Cyprus, the restriction on the supply of suitable units in residential and central areas, VAT, the lack of titles, etc., have all turned the interest of
Portfolio investors and fund managers have dumped petroleum futures and options, reversing the buying frenzy inspired by the production cuts announced by Saudi Arabia and its OPEC-plus allies at the start of
Real estate takes many forms, such as a place of business, for touristic purposes, and as a store of value, to name a few. It also impacts associated industries like building insurance,
Transatlantic trade disputes are moving to a new US-controlled rhythm and increasingly, the US is acting without consulting its European allies. Because of the EU’s deep and growing security dependence on the
Energy markets were quite volatile over the last few weeks, as the EU issued a new efficiency directive which sets 11.7% total energy consumption reduction target by 2030. This will put increased
The war in Ukraine has disrupted decades of peace and stability in Europe, threatening years of economic and social progress in the region. Russia benefited enormously from the cooperation with its European
The end of 2021 was met by the Cypriot real estate sector with no major changes. The lower-end housing directed towards locals in the region of EUR 300,000-500,000 had good demand and
Clearly, the transformation of RCB into an asset management company was warranted by sanctions against Russia and Russian interests following Putin’s invasion of Ukraine. Initially, the bank tried to evade these sanctions
I wonders if the authorities are up to the job to carry out their duties for the benefit of Cyprus and its people. The examples that I often provide are not the
