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Staff Reporter

Latest News & Updates

Paphos luxury resort linked to alleged Russian tax fraud

A luxury resort in Paphos built near environmentally sensitive land on the coast of Paphos got its first financing from companies said to be...
Latest News & Updates

Cypriots priced out of Limassol as foreigners eye properties

Limassol (Cyprus) (AFP) - In Cyprus's southern coastal city of Limassol, Russian and Ukrainian firms fleeing wartime conditions, and Israeli investors betting on real...
Latest News & Updates

Is Cyprus prepared for an earthquake?

The House interior committee will meet next week to evaluate the state's earthquake response preparedness and to further discuss the stability and quality of...
Legal Matters

Government urged to challenge EC’s ruling on property VAT

The finance ministry will collect more data as part of its drive to persuade European Commission to agree to the Republic's proposal for the...
Property Prices

Cyprus property prices continue to fluctuate

According to Q2 data processed by WiRE, the effects of the coronavirus pandemic are still felt by the Cyprus Real Estate market, with sale...
Investment

Moody’s upgrades Cyprus’ rating

Moody's ratings agency has upgraded Cyprus' sovereign rating to Ba1 from Ba2 and changed its outlook to stable from positive on a decrease in...
Legal Matters

First court ruling against bank for unfair terms

Lawmakers on Thursday welcomed the first court judgement against a bank for unfair terms of contract, but still harangued the banks for acting with...
Latest News & Updates

Cyprus to expand mortgage relief scheme

Cyprus is looking into ways of expanding a relief scheme subsidising borrowers with toxic mortgages to cover borrowers who failed to make the first...

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