Real Estate News
Lifting of capital restrictions in the Cypriot banking system.
Lifting of capital restrictions in the Cypriot banking system.
In Cyprus stores introduced new working hours.
Ministry of Labour, transferred at April 7, to the House of Representatives, the draft law establishing the working hours. Allowable working hours for shops in Nicosia, Limassol, Larnaca and Paphos are set from 5 am to 10 pm, Monday through Saturday, and from 7.30 am to 11 pm on Sunday.
Larnaca Marina: final preparations
From the 1st of July this year, the project to build a marina and the arrangement of the port area of Larnaca will begin. Recently, the Cypriot newspaper "Fileleftheros", issued a statement, from representative of the joint venture "Zenonos", that the preparations for the signing of an agreement between the company...
House prices decrease in Cyprus in the last quarter of 2014
House prices fell by 3.0 per cent in Cyprus, rose by 1.1 per cent in the euro area and increased 2.6 per cent in the EU in the fourth quarter of 2014 compared with the same quarter the previous year, according to figures released by Eurostat.
Property sales in Cyprus increased by 31% over a year
The amount of properties sold in Cyprus in March increased by 31% compared with March 2014 with sales improving in all districts except for Famagusta.
Troika will be in Cyprus from April 26th to 29th
Troika technical groups are expected to return to Cyprus between April 26 and 29 with a view to completing the fifth review of the country’s economic adjustment programme.
Tourist arrivals rise 26% in March
Tourism arrivals rose 26 per cent to 97,479 in March compared with last year, mainly on increased arrivals from the United Kingdom, Greece, and Germany offsetting a drop from Russia, the statistical service said.
Privatization of commercial activities at Limassol port
Cyprus will launch a tender for the privatization of commercial activities at Limassol port in May, Minister of Transport, Communications and Works, Marios Demetriades has said.Demetriades began a series of contacts with the island`s political parties, to brief them on the progress of the privatization process."The...
New airline seeks to use Cyprus as a base
A new airline – Cobalt Air – has applied to set up operations from Cyprus, intending to use the island as a base for operating “a strong European airline”.
Cyprus has been listed among best holiday destinations for travel in May
According to ranking compiled by the online booking service Oktogo, Cyprus beach resorts are considered to be one of the most popular international destinations for holidays in May.
Реформы Кипра
The government does not plan to raise taxes or cut pensions and wages, President Nicos Anastasiades assured civil servants on Monday, noting however, that government spending, including payroll, could only increase at a reasonable pace.
The number of registered unemployed persons in Cyprus decreased
The number of registered unemployed persons in Cyprus decreased