A lot of investment has been undertaken for touristic development ranging from hotels to quality places of entertainment and even more important addressing the upgrading of staff, food and service. Previous years
Cyprus continues to suffer from high temperatures with the authorities issuing a rare, yellow summer warning for night time and a second warning for extreme heat on Sunday. The Department of Meteorology
In the near future, the Cyprus property market is expected to continue on its dynamic path, however, it will not be a bed of roses, and strategic planning will be crucial to
There is a lot of discussion about what is more beneficial to the taxpayer – to build or rent government offices or even buy ready office buildings from the open market. Some
In small economies such as Cyprus, investment opportunities are limited, especially those which can produce reasonable returns in relation to the risk involved. Due to the introduction of the general public health
The threats fired against Cyprus this week by Hezbollah leader Hassan Nasrallah, as far-fetched as they may seem, should not be taken lightly. The Shia cleric and leader of the militant group
Parliament has passed a bill reducing the fine for red-light violations in Cyprus, if a car has marginally exceeded the pedestrian crossing, while maintaining a hefty fine for passing the crossing at
A leading indicator, used to predict the future direction of economic movements in Cyprus, turned marginally positive in May, halting the negative year-on-year growth of the index observed in the past three
Moody’s Ratings has placed all Hellenic Bank ratings and assessments on review for upgrade, with the exception of the Prime-2 short-term Counterparty Risk Ratings (CRRs) and Prime-2(cr) short-term Counterparty Risk (CR) Assessment
Secretary of State Anthony Blinken said the U.S.-Cyprus partnership is growing stronger, deeper and broader, and that Cyprus is “an important player in the region and a partnership for the United States
