A seminar hosted by leading Cyprus law firm Harris Kyriakides explored key legal developments, including the new civil procedure rules introduced two years ago, applications related to the foreclosure of mortgaged properties,
By Craig Erlam Stock markets were making small losses on Tuesday, while US futures were relatively unchanged. The recovery rally has lost momentum in recent sessions, which is understandable after that jobs
Finance Minister Constantinos Petrides will ask President Nicos Anastasiades to return the House’s decision to extend a foreclosure freeze, arguing that Cyprus’s credibility among foreign investors and creditors will be shaken. “Unfortunately,
The EU tourism industry has rebounded from the COVID-19 pandemic strongly, with data for 2022 approaching 2019 levels, according to Eurostat. The total number of nights spent in tourist accommodation in the
Hospitality venue owners say their businesses performed close to pre-COVID 2019 levels over the summer months, but cost-0f-living-crunch looms. Despite pushing up their prices by an average of 15% due to the
Finance Minister Constantinos Petrides fears the current energy crunch fuelled by the war in Ukraine will be difficult to tame, comparing it to the oil crisis in the 1970s. Addressing the 12th
By Hussein Sayed, Chief Market Strategist at Exinity The first three months of 2022 have been one to forget. The S&P 500 ended the quarter down 4.95%, its worst performance since the
As the world moves ahead to mark International Women’s Day, the clock on women’s rights is moving backwards. All of us are paying the price. The cascading crises of recent years have
A European Union directive to reduce the size of homes entitled to lower 5% VAT endangers the recovery of the construction sector and the economy, say, real estate experts. According to a
Unvaccinated Cypriots holding a recovery certificate as a Safe Pass after contracting COVID-19 will now see its validity drop from 180 days to 90 days. On Monday, the Health Ministry reminded the
