Cyprus construction output accelerates in Q1

Construction output accelerated in the first quarter of 2008, according to provisional figures from the Statistical Service. The production index in construction rose by 7.5% over the 1st quarter 2007, compared with

Cyprus house prices slip by only 0.4% in Q2

House prices in Cyprus held up in the second quarter compared to other European markets and despite worsening global and local economic conditions, according to the latest quarterly BuySell Home Price index.

CYTA plans EUR 50 mln investment in Greece

CYTA the state-owned telecom of Cyprus plans to spend EUR 50 mln in new investments as part of its expansion drive into Greece, CYTA Chairman Stavros Kremmos said during the presentation of