As Europe’s real estate sector faces significant challenges due to inflationary pressures and rising interest rates, the property markets in Cyprus, Greece, and Serbia remain resilient, offering attractive opportunities for both local
The governor of the Central Bank of Cyprus (CBC) Chris Patsalides issued a startling warning last week for banks to reconsider their pricing strategy. He warned that banks should consider social dimensions
Tourists from Switzerland were the biggest spenders in Cyprus in July, staying on average half a day longer and dishing out about €170 more per person than in the same month last
Title: Beware of Builder Fadi Al Helal (FRAUD ALERT): A Costly Lesson in Trust and Integrity Renovating your home should be an exciting process, filled with the promise of improving your living
By Nick Kochan Cyprus was once a congenial bolthole for Russians who sought security for their business, with minimal controls or taxes. The coastal resort of Limassol was dubbed ‘Little Russia’ and
By Marios Konstantinou For decades, buyers without title deeds have beset the Cyprus property market. Thus, the House of Representatives intervened with legislation to protect the buyer of land and other real
The International Chamber of Shipping (ICS), the trade body representing the world’s national shipowner associations, launched its e-learning Academy, which shipowners say will have “positive impact on crews and shipping companies worldwide.”
By Nick Kochan Thomson Reuters Regulatory Intelligence Analysis Cyprus’s financial services compliance and enforcement organisations have been undergoing root-and-branch reforms, but the island’s regulation remains overshadowed by a legacy of largely Russian financial
The number of building permits issued in June jumped to a post-Covid high of 1,528, triple the monthly average of the past five years, due to growing demand for residential units, as
Capital Intelligence has upgraded the sovereign ratings for Cyprus based on improving public finances, persistent budget surpluses and a rapid decline in general government debt. CI Ratings said it has upgraded the
