Average home price at CYP 85,896 In March 2006, the selling price of residential property in Cyprus recorded a marginal increase of 0.4% from February 2006 according to the latest results from the BuySell Home Price Index. The Index reached 110.25 in March, bringing the average home price to CYP 85,896. The BuySell Home Price
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Sometimes being a new member state has its advantages. Cyprus has managed to escape a large increase in visa fees for non-EU nationals that was agreed by EU ministers last week, thus avoiding what would have been another blow to a sector that is already facing higher airport taxes and airfares. EU interior ministers agreed
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The Competition Directorate General of the European Commission is eagerly awaiting the Cyprus Competition Commission’s final verdict regarding CYTA’s deal with LTV, which may be delayed due to the complex issues involved in the case. Brussels got involved with the case after alternative telecom providers PrimeTel and OTEnet Cyprus jointly filed a complaint with the
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A census of the population took place in northern Cyprus on Sunday under strict curfew conditions which started at 5 am and lasted until 6 pm, as details were taken by face-to-face interviews. The (Greek Cypriot) Republic of Cyprus government has refused in advance to recognise the results. The population in the unrecognsed Turkish Republic
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On Friday this week Cyprus will be signing a cooperation agreement with the European Commission on information for the European citizen regarding the euro. The Cyprus pound entered the Exchange Rate Mechanism (ERM2) one year ago on May 2nd at a central parity rate of 0.585274 per euro. It has remained stronger than that central
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