With the Cyprus government scrapping the €1.2 bln concession for the development of the Larnaca marina and port this week, one can only wonder if all public contracts are now under scrutiny,
Five years since the General Health System was established, the public seems to show increased confidence in the system, some 60% of beneficiaries visited a specialist in the past year and, despite
The Daleela passenger and car ferry resumed its Limassol to Piraeus sailings for the third season on Wednesday and will continue to early September. The roll on-roll off vessel embarked from Limassol
Workers at Kition Ocean Holdings, operator of the Larnaca marina and port concession that was terminated by the government on Monday, claiming a major breach of contract, will be rehired by the
Economic sentiment in Cyprus improved in May, as the benchmark Economic Sentiment Indicator (ESI-CypERC) increased by 1.6 points from April to 104.5, up 1.4 points from May last year. The University of
Three of the six outgoing Cyprus MEPs seem to be set for re-election and a far-right party could win its first European seat on June 9, when voters will also have to
Property prices increased by 6.3% year on year for apartments across Cyprus, 2.1% for houses, 3.0% for offices, 0.4% for retail, 3.6% for holiday apartments, 1.0% for holiday houses, and remained stable
Hellenic Bank announced first quarter profits of €93.3 mln, up 34% year on year, but 25% below the €124.8 mln in the last quarter of 2023, mainly due to higher income from
A leading indicator, used to predict the future direction of economic movements in Cyprus, remained negative for the third month in a row in April, driven by a slowdown in tourist arrivals
Office rental rates are on the rise throughout the island, reaching the highest levels in five years and shaking off the COVID-19 effects for good, according to a recent Cyprus property market
