Cyprus Economy

03 Aug 2020

Larnaca port and marina rebuild gets final!

The long-awaited €1.2billion redevelopment of Larnaca port and marina got the final green light after the Transport Ministry sent a ‘Successful Tenderer Letter’ to the chosen consortium after protracted negotiations.
16 Jun 2020

Cyprus has the cleanest bathing waters across Europe

Cyprus was ranked highest in the European proportion of bathing waters with excellent quality in European countries for 2019.
09 Jun 2020

Cypriots amongst the most educated Europeans

The share of Cypriots with a tertiary level of education is among the highest in the EU.
27 May 2020

Tοurists are interested in Cyprus for holidays

The Deputy Minister for Tourism Mr. Perdios said that Tourists from Germany, Israel, Switzerland and Austria have shown interest to travel in Cyprus this summer
14 May 2020

Cyprus is one of the safest countries in the world

According to a French travel insurance company, Cyprus is in fifth place of the safest countries in the world to visit.
08 May 2020

Investment Programme of Cyprus - Cypriot citizenship

Cyprus Investment Programme offers the fastest route for non-Cypriot investors to get Cypriot passport and European citizenship.
30 Apr 2020

Cyprus economy will rebound in 2021

The International Monetary Fund (IMF) expects growth of 5.6% in 2021, inflation 1% and a drop in unemployment for the Cypriot economy.
24 Apr 2020

Why to Invest In Cyprus

Cyprus is one of the best destinations for foreign investment. It offers a conducive environment for a business to thrive. Cyprus is a small but dynamic island nation that presents not only plenty of investment opportunities but also a favorable business environment. 
11 Mar 2020

Law for self-catering accommodation rentals enacted in Cyprus

The House of Representatives passed a new law, by an enormous majority of 52 votes in favor and 2 votes against, regulating the registration and operation of self-catering accommodation.
05 Mar 2020

Cyprus strong economic growth of 3.2% in 2019

The economy in Cyprus is projected to rise 3.2 percent in 2019 to 2.8 percent in 2020 and 2.5 percent for 2021.
25 Feb 2020

Property sales increased by 12% in 2019

The number of property sales in Cyprus increased by 12% in 2019 compared to 2018 according to official figures published by Mr. George Mais, vice president of Cyprus Land and Building Developers Association and president of ETAP.
19 Feb 2020

Livadia industrial zone in Larnaca turns into a major touristic and residential area.

Larnaca municipality announced a plan of a complete transformation of the seafront industrial zone of Livadia into a major touristic and residential area seafront.
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