Cyprus and Greece are to sign a memorandum of understanding to intensify efforts to promote the 2,000 MW EuroAfrica Interconnector electricity cable linking Egypt’s power grid to Europe, via Cyprus and Crete.
Cyprus has the EU’s lowest annual inflation rate at -1.9% behind Greece with -2.3% with energy, housing and transport costs falling. In September the Harmonized Index of Consumer Prices (HICP) decreased by 1.9%
Brussels said it was shocked by an Al Jazeera undercover report that showed Cypriot officials willing to sell EU passports for a price. The European Commission is looking into compliance of the
By Nikolas Ioannou BNP Paribas has released its second 2020 report regarding the property market outlook post-pandemic, presenting forecasts about real estate in uncertain times. The obvious differentiation regarding the previous report
Omonia Nicosia’s New York-based Cypriot investor Stavros Papastavrou is seeing his investment in the club starting to pay off, as it will yield a minimum €1.7 mln from its participation in Europe.
iMER Medical Services, the Cypriot company that over 15 years has referred about 5,000 patients to specialist hospitals, mainly in Israel, is now embarking on new collaborations with hospitals in Europe. The
Cyprus has the cleanest beaches in Europe with an EU report confirming that 99.1% of Cypriot bathing waters are of excellent quality. Environment Minister Costas Kadis hailed the EU report that places
By Panos Danos The knock-on effects of the coronavirus – widespread panic, quarantine, falling oil prices, and weakening oil-dependent currencies like the Russian ruble – are hitting the real estate market hard. The
Omonia Nicosia’s New York-based Cypriot investor Stavros Papastavrou feels vindicated after sticking with his investment in the Greens following a disappointing first season to the Champions League. Following a disappointing 2018-19 season
Cypriot Interior Minister Nicos Nouris called for European Union solidarity in managing asylum seekers as countries like Cyprus cannot cope with increased flows of migrants on their own. He said Cyprus is
