Finance Minister submits 2024 budget to House

Finance Minister Makis Keravnos submitted the 2024 state budget, the first of the Nikos Christodoulides administration, to House Speaker Annita Demetriou on Wednesday. Keravnos presented the budget to the House Speaker before

Cyprus quarterly house prices drop

In the second quarter of 2023, house prices in the EU increased by 0.3% compared with the first quarter, while rents increased by 0.7%, but Cyprus house prices decreased by 0.4%, according


Foreclosure row rumbles on

Finance Minister Makis Keravnos will present to legislators on Monday a government package of seven proposals to address the issue of foreclosures to block a bill that gives borrowers rights to appeal decisions.


House prices climbed 5.9% in Q1

The House Price Index (HPI) recorded a 5.9% annual increase for the first three months of 2023, marking its fifth consecutive quarterly growth, according to a preliminary estimate by the Cyprus Statistical


MOODYS: UK house prices to fall 10%

Persistently high inflation and the recent spike in lending rates will trigger a correction in the UK housing market, a Moody’s analysis predicts. “We expect a decline of up to 10% in

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