Search

361. The demand for new homes is dwindling

The large investments and development projects mentioned by Minister of Transport and Works Yannis Karousos in his ministry's recent project presentation may have kept the construction and real estate sector afloat until 2022, but the industry still faces challenges....

362. More people choose bankruptcy to get a second chance

Bankruptcy applications, based on Law 4818/2021, are coming thick and fast from individuals with or without commercial activity, as they are unable to repay their debts to banks and insurance funds....

363. Forced sterilization loophole in Cyprus raises eyebrows

A woman in Cyprus has been made sterile without her consent, with reports saying people who live with intellectual disability and other disorders often “get fixed” through forced sterilization by power of attorney...

364. Turkish Cypriots outraged over mufti's call for women to procreate on demand

A Muslim religious leader’s instruction to women to dutifully accept a husband's “invitation to bed” to procreate has sparked outrage among many Turkish Cypriots, who saw the remarks as an imported encroachment of fundamentalist Islam on their secular community....

365. Finance Minister responds to CBS: 'Disinformation and fake news' (video)

The report on the CBS show '60 Minutes' about Russian oligarchs was referred to by the Finance Minister in his detailed response on the issue. ...

366. Lisa Marie Presley, Elvis Presley's only daughter, dead at 54

Lisa Marie Presley, the only child of rock 'n' roll legend Elvis, has died at the age of 54, her mother has said....

367. Last king of Greece to be buried as a private citizen

Constantine, the former and last king of Greece, will be buried as a private citizen in Tatoi, the former summer residence of Greece’s royals and where his parents and ancestors are buried, the government said Wednesday....

368. Greece’s last king dies

Greece's former King Constantine II, whose nine-year reign coincided with one of the most turbulent periods in the country's political history, died on Tuesday aged 82, state website ERT news reported...

369. Nikos Christodoulides: Discussing changes to the Guterres framework

"I didn't hear anyone mention Mr. Kasoulides, the foreign minister, after the wreckage in Crans Montana. Nobody could blame him. He was not the most directly involved, nor was he the one who would take the final decisions..." ...

370. Looking ahead to 2023: House prices in Cyprus

The end of 2021 saw Europe’s and Cyprus’ economies gradually recovering from the two-year rollercoaster ride of lockdowns, the stock market at record highs, and inflation increasing....

371. Trendsetter company buys Cyprus’ most expensive property

The most expensive piece of real estate in Cyprus is off the market, following news that a global trading platform will buy the stunning beachfront property after a decade-long presence on the island...

372. The 2023 investment chessboard

Today's data is completely different from what it was a year ago in terms of investment....

373. The properties 'threatened' by the Pedieos River

There have been numerous occasions in recent years when the Pedieos River's overflow has resulted in serious issues. ...

374. Brave girl climbs out of well to save sister

Two pre-teen sisters spent over two hours deep inside a well in a Nicosia suburb on Wednesday, until the younger child climbed 40 meters straight up to call for help after calls had gone unanswered...

375. Officer injured in clash outside foreclosed property

The owner of a foreclosed property in Paphos was arrested on Thursday following an altercation outside an apartment complex, where a female police officer was injured...

376. Kaili's Paros plot frozen pending investigation

A Supreme Court prosecutor has ordered that a plot of land on the island of Paros bought by MEP Eva Kaili and her husband Francesco Giorgi be frozen pending a money-laundering investigation into the activities of the couple....

377. €651.4 million of government surplus recorded until September 2022

Cyprus' general government surplus rose to 651.4 million for the period of July-September 2022 compared with a surplus of €319.5 mn recorded in the respective period of last year, according to preliminary general government fiscal results....

378. Eva Kaili: From city council to city prison

379. Boris Becker released from UK jail, will be deported

Former Wimbledon champion Boris Becker has been released from jail today and will be deported from the UK, according to the PA news agency....

380. November's real estate performance

The year is almost over, and we now have a good idea of how the real estate market performed in 2022. As we all know, the difficulties were and continue to be numerous....

381. Leading the real estate industry at the KEBE Awards

This year we are very proud to announce that Pafilia‘s Managing Director was awarded Business Leader for the Construction, Property and Real Estate Sector....

382. Consulco launches its direct real estate investment services

Consulco, the London investment specialist has launched its direct real estate investment services assisting overseas investors to acquire and manage residential properties in central London. ...

383. House up in arms over north’s Varosha plans

The parliament in the Republic of Cyprus is calling on the European Union and United Nations to ‘take concrete measures' against Turkish Cypriot plans to open the entire ghost town of Varosha, following comments made on the campaign trail by politicians in the north...

384. Police make arrest in Oroklini ambush shooting

A man wanted in connection with a suspected gangland shooting in Oroklini, where a young boy was injured, has turned himself in to the police, hours after officers went to search his property following a tip obtained by friends of the victims...

385. North releases video of rogue driver incident

A Greek Cypriot man accused of driving through a Turkish Cypriot checkpoint barricade says his car was shot at during the incident, with authorities in the north releasing video footage and prosecutors saying the suspect was being uncooperative...

386. The expansion of the digital economy and the upcoming exchange of information and tax transparency regimes

The exchange of information has been widely considered as a one of the most effective measures in tackling tax evasion and protecting the integrity of tax systems. ...

387. Over half a billion euro in government surplus so far this year

Preliminary General Government fiscal results indicate a surplus of €556.4 mn for the period of January-October 2022, according to data prepared and published by the Statistical Service of Cyprus on Wednesday....

388. Abused dogs found alive in Larnaca offal pit

Two dogs were found alive after emergency rescuers in rural Larnaca rushed to a farm pit that was filled with disposed animal carcasses...

389. The effects of Global warming on banks and insurance companies

One of the last print editions of the Economist had the title ‘Say goodbye to 1.5° C’ which refers to the goal of limiting the increase in the average temperature of the planet to 1.5 degrees Celsius...

390. 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....