Search

1. «Growth momentum moderates» in Cyprus according to Εuropean Commission Autumn Economic Forecast

"Growth momentum moderates" in Cyprus, according to the headline assessment of the European Commission`s Autumn Economic Forecast for the country, presented today by Commissioner Moscovici in Brussels....

2. Cypriot vacationers shell out more abroad

Cypriots on holiday spend way more money and time abroad than in their own country, according to Eurostat, even as over half cannot afford a one-week annual holiday away from home...

3. Interview with Egyptian Ambassador Mai Taha Mohamed Khalil

4. Prespes: The rally, the raw numbers, and the day after

5. Hellenic Bank’s Economic Review

6. Economic growth in Cyprus remains strong

7. Airbnb complies with EU demands

Airbnb online platform has complied with EU demands aimed at curbing anti-competitive practices, following pressure and hefty fines handed down to a number of companies...

8. Cyprus Airbnb bill gives neighbors a say

A nearly-complete Airbnb bill is heading back to the House committee, where a number of issues including tax exemptions and apartment rentals will need further clarification...

9. Cyprus launches website for film industry

The Cyprus Investment Promotion Industry (Invest Cyprus) launched on Tuesday the Scheme for the promotion of the filming industry, presenting the online platform where interested parties can apply for cash rebates and other incentives for their productions...

10. More hotels to stay open during winter

Cyprus hoteliers say the occupancy rate has reached or exceeded 90%, with officials expecting good performance through the end of the year despite Russian numbers dwindling...

11. Investing in knowledge

A growth rate of 1.9 percent is way too small for a country like Greece, especially as the rest of Europe’s performance is so much more robust. This is, after all, a country that shed 25 percent of its gross domestic product (GDP) in the course of a decade. What we should be seeing, therefore, is the effect of a tightly wound spring, whereby a virtuous cycle of growth begins and only gets faster with time. Instead, we’re hobbling along at 1.9 percent, the slowest rate an economy can achieve after hitting rock bottom....

12. EU warns Airbnb over unfair practices

Cyprus hoteliers got a helping hand this week in their fight for more restrictions on Airbnb, following a European Union warning to the American platform to improve its practices or face action by national consumer agencies...

13. May tourists up 7.6% despite Russian drop

Tourist arrivals went up by 7.6% last month, lending credence to earlier predictions that industry numbers were on a good path despite a disappointing Russian exit...

14. CTO sees tourism potential despite Russian defect

The Cyprus Tourism Organisation says tourist arrivals are expected to rise in 2018 despite a drop in Russian visitors to the island, while the government is moving forward with new plans for tourism on the island...

15. Booming Cyprus breaks more tourism records

An influx of Russian and British tourists has helped Cyprus break more records for the number of arrivals this year...

16. EU predicts strong growth as unemployment declines

The Commission foresees a "strong growth momentum continuing" in the coming years, but warned of risks widening...

17. Cyprus is open for business and China’s buying

As US President Donald Trump builds barriers to Chinese trade, Cyprus is throwing open the gates...

18. Legislation in the works to tax Airbnb rentals in Cyprus

Home owners who rent out their properties through Airbnb will have to pay taxes if a new law is passed in the Republic of Cyprus, but this may not be enough for tourism stakeholders who have been calling for more restrictions on the online service....

19. Buying Greek property makes sense

Investor confidence in the real estate market’s prospects and the notion that prices have completed their downward cycle has prompted more property acquisitions...

20. Cyprus recovery is being recognised by international agencies

Fitch does not currently anticipate developments with a high likelihood of leading to a downgrade...

21. Cyprus registers record number of tourists in March

Tourist arrivals in March rocketed 36.4%...

22. A solution is the only way forward for Cyprus

The Cyprus issue is not a dice roll, but the dilemma that Cypriots once had – either we solve it or we stay as is – is no longer valid...

23. UK urged to prioritise travel in Brexit talks to create jobs

The WTTC predicts tourism could create around 400,000 new jobs in Britain over the next 10 years...

24. Tourist arrivals spike 23.4% in February

Tourist arrivals have hit record highs in every month since March 2017 ...

25. Moody's sees robust economic recovery helping Cypriot banks

It expects that banks will continue to make progress on restructuring troubled loans and selling real-estate collateral...