Real estate boom in Greece, Cyprus creates risk

The real estate landscapes of Greece and Cyprus are undergoing significant transformations, with both nations displaying promising growth and recovery. However, beneath the surface of these top-line numbers, underlying challenges and disparities

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Hundreds arriving daily from Israel

Several hundred people arrive daily in Cyprus on commercial flights from Tel-Aviv after the crisis following the Hamas attack against Israel. Some 24 flights from Israel to Cyprus (23 to Larnaca airport

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Police ‘weakly enforcing’ bird poaching laws

A conservation group claim that police have been lax in cracking down on criminal gangs that illegally trap migratory songbirds to supply restaurants, although the poaching has declined overall. Tassos Shialis, a spokesperson

Fresh trial for Al Jazeera passport sting

A fresh trial of key figures accused of selling Cypriot passports to dubious investors, exposed by an Al Jazeera sting, was launched Wednesday, with the prosecution dropping charges against lawyer Andreas Pittadjis,

EIB appoints first Cypriot VP

The European Investment Bank (EIB) appointed a Vice President from Cyprus to its Management Committee for the first time. According to a statement, economist Kyriakos Kakouris succeeds Lilyana Pavlova, who served as EIB

IMF revises Cyprus GDP down to 2.2%

International Monetary Fund (IMF) World Economic Outlook forecasts that Cyprus’ growth rate for 2023 will slow to 2.2% GDP, down from the 2.5% it had projected in April. For 2024, the IMF

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EU, Turkey praise brokered deal on Pyla dispute

The European Union has joined the government and, surprisingly, the Turkish Foreign Ministry in welcoming the UN-brokered agreement on the Pyla road dispute as bringing mutual benefits. Posting on the X platform,

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