Professional services giant Ernst and Young pledged to bolster its presence in Cyprus with jobs and investment during contacts with President Nikos Christodoulides in New York. They discussed issues related to investments
Once lagging in urban development compared to the other cities, Larnaca is undertaking multimillion projects, says the town’s mayor and local economy stakeholders. In comments to news site Stockwatch, Larnaca Mayor Andreas
A significant increase of 12.6% was recorded in the first quarter of 2023 in the assets under management of the Cypriot Investment Funds, compared to 2022, says the Cyprus Investment Funds Association
Attracting productive direct investments is of paramount importance, said President Nikos Christodoulides in his address at the 11th Invest Cyprus international awards. President Christodoulides said investors “play a significant role in driving economic
The adoption of the national healthcare system (the GHS), introduced four years ago, is costing the government of Cyprus and its people several billion a year. The compensation paid to doctors and
Having definitive criteria for renewable hydrogen is key to making investment decisions to launch EU initiatives that can support the growth of the industry, the European Parliamentary Research Service (EPRS) said. EPRS
A significant investor risk for landlords is when tenants don’t pay. This is because the system depends on tenants paying rent in full and on time. Serious problems can arise for all
The inflation rate in Cyprus is declining but still high [at 6.7% in February]. Interest rates are low, 1.29% for household deposits and 1.27% for business deposits. In addition, there are no
The Cyprus Economy and Competitiveness Council (Ecompet) outlined medium-term and long-term proposals to tackle inflation via innovation investment. The Council said that due to the seriousness of inflation, it established a committee
The European Insurance and Occupational Pensions Authority (EIOPA) has released a discussion paper on proactively managing sustainability risks, focusing on the real estate sector. The paper highlights the crucial role that real
