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541. €6 million chalet just one of several investments planned for the mountains of Cyprus

The new €6.3 million project in Moniatis, which is looking for a buyer, shows that investment in mountainous areas is picking up steam. With DTA's Guru projects, the creation of the Tree Hotel, hotel acquisitions by Property Gallery, and the restoration of the Berengaria Hotel in Prodromos, interest has recently begun to be more active....

542. Moniatis' Grand Chalet is looking for a millionaire buyer

In the Moniatis area, a multi-million dollar luxury property is being built and is looking for a buyer. The plot's total area is 2.5 thousand square meters, while the size of the house under construction is 824 square meters....

543. 'Wild World' singer Yusuf Islam, aka Cat Stevens, urges Erdogan not to abandon peace in his 'fatherland' of Cyprus

Last week, Turkiye welcomed one of music’s most iconic stars, singer-songwriter Yusuf Islam. The artist was performing a series of fundraising concerts in Istanbul and Ankara, with President, Recep Tayyip Erdoğan, and his wife, First Lady Emine Erdoğan attending the event in the Turkish capital....

544. People with a history of cancer will be eligible for insurance benefits

Following an agreement reached on Thursday afternoon and announced by Health Minister Michael Hadjipantelas, people with a history of cancer will now be able to receive benefits from insurance companies as of January 1, 2023....

545. Cyprus's economic sentiment improved in October as a result of services and retail trade

In October 2022, economic sentiment in Cyprus improved as the Economic Sentiment Indicator (ESI-CypERC) increased by 0.4 points compared with September 2022....

546. Turkish soldiers man post in buffer zone trouble spot

UN peacekeepers in Cyprus say they are monitoring a situation in rural Nicosia where Turkish soldiers started manning a post overlooking the buffer zone in Denia, a known trouble spot where videos suggest a Greek Cypriot farmer repeatedly had run-ins with the military...

547. Porsche 911 GT3 RS completes the ‘ring in 6:49.328 minutes

548. President: By 2027, Cyprus will be able to export renewable energy

It is estimated that by the end of 2027 Cyprus will have an excess of renewable energy that could be exported or exchanged, in addition to the quantities that could be available from Egypt, Israel, and Greece, President of the Republic, Nicos Anastasiades, said on Friday morning, in his address at the EMGF Energy Transition Conference hosted in Nicosia....

549. Cyprus is bursting, like a fat guy out of his leotard

Cyprus’ changing demographics are causing havoc to the real estate market, accentuating socio-economic imbalances and creating polarised communities. A bit dramatic? Let’s see....

550. Ending Cyprus' energy isolation

After the discovery of energy resources in the Cypriot EEZ, the start of construction of the Cyprus-Crete electricity cable can be considered a high point in Cyprus' energy affairs. For the first time in its history, the Republic of Cyprus will join Europe's energy system, with all that entails for the country's security....

551. Companies fined for safety violations resulting in the death of a worker

Two companies were fined €19,000 and two people received suspended prison sentences as a result of criminal investigations into health and safety at work violations that resulted in the death of an employee and the endangerment of others at work. ...

552. Finance Minister calls for prudency to safeguard economy

Cypriot Minister of Finance Constantinos Petrides, stressed on Wednesday evening the need to be “even more careful” with the fiscal discipline in the new challenging era, while Central Bank Governor Constantinos Herodotou referred to the risk of new NPLs due to the challenging economic conditions....

553. 'Vision 2035': The long-term strategy for the Cypriot economy

"Cyprus should be one of the best places in the world to live, work and be active" is the vision on the basis of which the Cyprus Economy and Competitiveness Council presented the new Long-Term Strategy for the sustainable development of the Cypriot economy to the Parliamentary Committee on Financial and Budgetary Affairs, on Monday....

554. A cat has nine lives. So does the Cyprus property market.

Where is the Cyprus property market heading? I have been asked this question countless times over the past three months, primarily from foreign investors who are trying to appreciate how the rise in inflation, increase in interest rates, and war in Ukraine is affecting local market dynamics....

555. One in nine people over the age of 65 affected by Alzheimer's

One in nine people over the age of 65 are affected by Alzheimer's, Health Minister Michalis Hadjipantela said on Monday....

556. Construction materials recorded an annual increase of 16.69% in August

The Construction Materials Price Index increased by 16.69% in August 2022 compared to August 2021....

557. Employing Turkish Cypriots in ROC can play a key role in reunification

In a letter to Nicosia, the European Commission is calling for the upgrading of skills and the promotion of Turkish Cypriots in specific sectors of employment in the Republic of Cyprus, hoping that such a development will create a win-win situation....

558. State fair site to become innovation zone

The Finance Ministry welcomed a decision by the Council of Ministers on Wednesday to establish an innovation zone and a business zone/exhibition space at the Cyprus International Fair site....

559. Turkish Cypriot properties a thorny issue on the campaign trail

Candidates for the Presidential Elections that will take place in February 2023 paid a series of visits on Tuesday and Wednesday to villages, agencies and institutions while criticizing the government on various issues such as the management of the Turkish Cypriot properties in the government-controlled areas....

560. Ayia Napa Marina opens its doors to four-legged visitors

The management of Ayia Napa Marina, in the context of serving its visitors and customers and respecting animals, informs that it applies the relevant regulations and best practices regarding the entry of animals into the Marina's premises....

561. 'Cyprus Tomorrow Plan': The legacy of the Anastasiades government

Cyprus President Nicos Anastasiades said he has a “clear conscience” as he delivered on his commitments concerning the creation of a “welfare state with no exclusions,”...

562. Mario Nava: 'Energy can strengthen the connection between the two communities'

In an interview with Kathimerini, Mario Nava touches on a number of issues with regard to the Cyprus Problem, including how trade between the two communities is the only answer to smuggling, the progress in the implementation of the Halloumi case and the role of the EU in future Cyprus talks....

563. Germany to revise immigrant laws to allow more skilled migrant workers

In the coming months, the German Ministry of Labor will come forward with a proposal to the federal government to introduce a new immigration option for skilled foreigners....

564. Cypriot economic sentiment at 17 month low

The economic sentiment in Cyprus deteriorated in August to a 17-month low, as the Economic Sentiment Indicator (ESI-CypERC) decreased by 4.5 points compared with July 2022....

565. Broken fortress discovered under 'mega-monument' burial mound in Cyprus

Archaeologists excavating an enormous ancient burial mound in Cyprus have uncovered an even older structure hidden beneath it: a rampart, or part of a defensive wall, according to a statement from the Department of Antiquities Cyprus....

566. A new hotel to be built in the Dromolaxia-Meneou area

The Environmental Authority gave the green light for the construction of a hotel unit in the coastal area of ​​Meneou-Dromolaxia, in the location of Parayalia....

567. Sleepy Greek port becomes US arms hub

But the sleepy port of Alexandroupoli in northeastern Greece has taken on a central role in increasing the US military presence in Eastern Europe to contain Russian aggression. That flow has angered not only Russia but also neighboring Turkey, underlining how war in Ukraine is reshaping Europe’s economic and diplomatic relationships....

568. EU states facilitating employment of third country nationals to ease labor shortage

The European Union’s population is aging. The factors behind this phenomenon are many, but the declining fertility rates and the increased life expectancy, along with migration to countries like the United States, the United Kingdom, Canada, and Australia, are the main ones....

569. RICS Cyprus Property Price Index with KPMG in Cyprus announces results of Q2 2022

KPMG in Cyprus announces that the ''RICS Cyprus Property Price Index with KPMG in Cyprus'' has been issued for Q2 2022....

570. Realtor employee suffocates under pile of dirt

A land subdivision employee lost his life under a pile of dirt on Friday in Nicosia district, when he fell into a hole after soil suddenly collapsed...