https://knews.kathimerini.com.cy/en/business/numerous-foreclosure-sales-expected-in-2023-and-2024
The COVID-19 pandemic and the subsequent suspension of divestments since 2020 have led to the creation of a considerable volume of properties for disposal that banks and credit purchase companies have on their balance sheets....
https://knews.kathimerini.com.cy/en/business/astrobank-agricultural-land-for-sale-across-cyprus
AstroBank has listed for sale agricultural land across Cyprus....
https://knews.kathimerini.com.cy/en/business/exceptional-residential-plots-available-for-sale-by-astrobank
AstroBank has listed for sale residential plots in various areas of Cyprus like Paralimni, Strovolos and Peyia, that are ideal as an investment or private use....
https://knews.kathimerini.com.cy/en/business/real-estate-investment-opportunities-by-astrobank
Houses, building plots, agricultural, commercial, and industrial real estate, in many areas of Cyprus...
https://knews.kathimerini.com.cy/en/news/a-large-number-of-foreclosure-notices-to-be-sent-tomorrow
Today, Tuesday, January 31, 2023, marks the end of the most recent three-month suspension of divestments imposed by a resolution of the House of Representatives. ...
https://knews.kathimerini.com.cy/en/news/14-billion-euros of-loans-on-ice-due-to-the-suspension-of-foreclosure-sales
In Cyprus, credit purchasing companies manage over 80,000 loans totaling €20 billion....
https://knews.kathimerini.com.cy/en/news/the-consequences-of-continuing-foreclosure-suspensions
Lambros Papadopoulos, President of the state-owned asset management company, KEDIPES, warned on Tuesday that the continued suspension of foreclosures will negatively affect the company’s revenue from non-performing loans (NPLs) management resulting in a reduced repayment of state aid....
https://knews.kathimerini.com.cy/en/business/looking-for-a-strategy-to-suspend-foreclosure-sales
To protect vulnerable borrowers and stop the economy from being impacted by decisions that could harm its integrity, a strategy for the new potential three-month suspension of foreclosure sales is being sought.
...
https://knews.kathimerini.com.cy/en/business/a-€6-million-chalet-is-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....
https://knews.kathimerini.com.cy/en/news/cyprus-greenlights-island-s-first-crematory
A funeral home in Cyprus has obtained a permit to build the country’s first cremation facility, years after legislation paved the way despite strong resistance from the Orthodox church...
https://knews.kathimerini.com.cy/en/news/iran-pro-regime-marchers-calling-for-execution-of-protesters
State-organized demonstrations took place in several Iranian cities on Friday to counter anti-government protests triggered by the death of a woman in police custody, with some marchers calling for the execution of rioters....
https://knews.kathimerini.com.cy/en/business/nouris-more-foreign-companies-setting-up-shop-in-cyprus
The adoption of the New Strategy for Attracting Business and Talent has led to an impressive increase in interest from foreign companies to establish their presence in Cyprus, ...
https://knews.kathimerini.com.cy/en/news/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,”...
https://knews.kathimerini.com.cy/en/business/foreclosures-suspended-until-the-end-of-october-2022
The Cyprus Parliament on Thursday passed a bill suspending foreclosures until the end of October,...
https://knews.kathimerini.com.cy/en/news/cyprus-property-market-growing-in-number-and-value
The Cyprus property market is growing while getting pricier, as the number of properties rises by 1.5%, while their overall value increased by 2.2% based on January 2021 prices compared to 2018 data....
https://knews.kathimerini.com.cy/en/news/house-clamps-down-on-glamping-aspirations
Cypriot parliament failed this week to pass crucial tourism legislation that would regulate low-cost lodging, but concerns about encroaching on the environment also ended up blocking a bill on the newest trend of glamorous camping...
https://knews.kathimerini.com.cy/en/news/eastmed-feasibility-study-hindered-due-to-turkey-s-harassment
The commercial viability study of the EastMed pipeline is not proceeding as planned because Turkey is "interfering with the Nautical Geo ship conducting environmental surveys," Foreign Minister Ioannis Kasoulides told the Parliamentary Committee on Foreign Affairs....
https://knews.kathimerini.com.cy/en/news/tatar-alleges-greek-cypriot-links-to-terrorism
Turkish Cypriot leader Ersin Tatar had some harsh words for his compatriots in the south this week, saying Turkey’s concerns over NATO candidate Sweden’s PKK links also had basis in the south and called on Greek Cypriots to reevaluate their 'cooperation with terrorist organizations'...
https://knews.kathimerini.com.cy/en/news/nicosia-in-waiting-game-for-lng-supply-and-distribution
In her speech in Davos on Tuesday in front of an audience of businessmen and political leaders, EC President Ursula von der Leyen appeared to put Cyprus on center stage for the supply of liquefied natural gas (LNG) for the European Union, announcing that "soon" LNG terminals will operate in Greece, Cyprus and Poland....
https://knews.kathimerini.com.cy/en/business/major-projects-underway-in-larnaca-nicosia
The Cyprus real estate and construction sectors are moving past the demise of the scrapped Citizenship for Investment Programme, turning their attention to the capital and the once-neglected coastal town of Larnaca, while Limassol, with its high-rises and cosmopolitan lifestyle, is still seeing part of the action....
https://knews.kathimerini.com.cy/en/news/cyprus-bets-on-trust-amid-turkey-israel-flirt
Cypriot Foreign Minister Ioannis Kasoulides says Nicosia is confident it won’t be sidelined as Israeli President Isaac Herzog prepares for a historic trip to Ankara but not before popping in for a visit to Cyprus as trust in the region is put to the test by all key players...
https://knews.kathimerini.com.cy/en/business/jp-morgan-is-first-bank-to-enter-the-metaverse-with-a-virtual-onyx-lounge
J.P. Morgan opened up an "Onyx lounge" in the metaverse on Tuesday, a virtual lounge in the blockchain-based world of Decentraland....
https://knews.kathimerini.com.cy/en/news/housing-projects-to-be-funded-from-casino-revenue
CLDC plans to build more than 800 housing units in the coming years, which will be allocated either through the affordable housing plan or through the new affordable rent plan for economically vulnerable households....
https://knews.kathimerini.com.cy/en/news/washington-bows-out-of-east-med-gas-pipeline-talk
Washington implicitly clarified in a statement on Monday that it did not support an ambitious East Med gas pipeline project, following a Twitter storm sparked by Greek media reports on a non-paper expressing American reservations about the plan...
https://knews.kathimerini.com.cy/en/business/elon-musk-pokes-fun-at-the-metaverse
Elon Musk has made it clear to metaverse fans he has no time for the idea of virtual worlds and living life as an avatar....
https://knews.kathimerini.com.cy/en/news/europol-cracks-down-on-human-trafficking
Two hundred and sixty-nine (269) potential victims of exploitation were identified during Europol's eight-day, coordinated pan-European action to crack down on trafficking in human beings and labor exploitation in the agricultural sector,...
https://knews.kathimerini.com.cy/en/news/biden-taps-close-advisor-as-energy-plots-thicken
US State Secretary Antony Blinken has appointed a businessman and former lobbyist as energy security envoy, signaling a new strategic focus in Washington in the aftermath of thorny geopolitics over Nord Stream 2 and unresolved issues relating to the eastern Mediterranean...
https://knews.kathimerini.com.cy/en/news/fbi-app-nails-fugitive-once-caught-in-cyprus
Cyprus was back in the headlines after new court records showed how a suspected drug lord, who evaded capture on the island a decade ago, unwittingly distributed an FBI app to his associates resulting to hundreds of arrests around the world...
https://knews.kathimerini.com.cy/en/news/critics-slam-trump-like-fence-installed-in-nicosia-suburb
The government came under fire on Tuesday over a decision to lay razor wire along a section of the Astromeritis buffer zone in the Nicosia district....
https://knews.kathimerini.com.cy/en/news/government-ups-rhetoric-against-auditor
The Cypriot government hinted over the weekend it might refer the auditor general to the Supreme Court over “indecent” behaviour, after the audit office published yet another damning report alleging offences in a Cabinet decision to grant investor passports to individuals linked to a casino project without meeting the criteria...
