The registered population of the Republic of Cyprus dropped by 12,000 to 858,000 in 2013, according the latest demographic survey discussed in the House Labour Committee. The statistical service Cystat report showed
Major commercial and development projects that have recently been completed or are underway add to the confidence that is gradually returning to the banking sector, with the property sector also expected to
Loans and deposits held by 83 investment funds in Cyprus dropped to €247.3 mln in December, down €339 mln year-on-year and less then half of €511.8 mln in March 2013 when the
The Elysium in Paphos and the Mediterranean Hotel in Limassol, star properties of Stademos Hotels PLC, have once again received international recognition, this time in the online readers’ survey of the holiday
A second major investment by investors and businessmen from Asia has added to the success of Leptos Estates in Paphos within only a few months, a company announcement said. Reflecting on the
Veteran Paphos property company Aristo Developers continues to enhance its property portfolio with the launch of a new development off the west coast of Paphos, probably the most popular destination for investors
The Association of International Banks (AIB) is urging Cyprus politicians to pass a controversial bill that aims to regulate foreclosures and help local banks recover assets and lower risky loans, saying that
Hellenic Bank has followed its Cyprus peers and announced on Thursday it will cut its base interest rate by 1 percentage point as of March 1, after the Central Bank decided to
Former Paphos Mayor Savvas Vergas and the Director of the Paphos Sewerage Board, Eftychios Malekkides, were handed down prison sentences of six years each on Wednesday on conspiracy charges and bribery related
Tourist arrivals in Cyprus increased by 2.8% year-on-year in January, from 40,675 to 41,799, with Israeli and German tourists taking the lead, but steady streams from the U.K., Greece and Russia were
