Real estate in pandemic recovery mode 

Cyprus’ real estate market continued its recovery this year, with some indicators exceeding pre-pandemic levels, according to a survey carried out by property analysts Delfi Analytics. In comments accompanying the survey, Delfi

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Turkish Cypriots protest as economy sinks

Growing discontent in the north over the worsening economy forced hundreds of Turkish Cypriots to take to the streets as a crashing Lira has diminished their purchasing power amid an inflation spike.

COVID19: Tighter restrictions not ruled out

Cyprus may have avoided a fourth lockdown as the government tightened COVID-19 rules, but stricter measures may soon be imposed as Omicron fuels record infections. New Year’s Eve celebrations will be muted

Bank charges hike sparks outcry

A decision by Cyprus’ two largest lenders, Bank of Cyprus and Hellenic, to impose new charges has sparked a customer backlash, as it is the second time in two years, they made

National minimum wage above €924

Cyprus will introduce a national minimum wage next year, as social partners are set to agree on the monthly income for workers that could be closer to €1,000 a month. According to

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Bank deposits increased to €51.2 bln

Cyprus bank deposits in November increased 5.8% annually while loans decreased, according to Central Bank data. According to the data, total deposits in November recorded a net increase of €480.8 mln, compared

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