News: Economy
Cyprus news in the “Economy” category — updated throughout the day.
EconomyThe Archbishop shared the financial plans of the church
The Archbishop of Cyprus Chrysostomos has announced the financial plans of the church. During his interview to sigmalive he discussed the matters of the amendments in the budget and new investments.. In the beginning…
EconomyCyprus and Egypt signed the cooperation agreement in the gas sector
The supply of the natural gas from Cyprus to Egypt will be done through the direct submarine pipeline,…
EconomyAscendis Health acquires Cypriot pharmaceutical company Remedica
According to the company ServPRO, cypriot pharmaceutical company Remedica has been purchased by South African Ascendis Health, an…
EconomyProperty Transfer Fees & Immovable Property Tax reductions
ServPRO reports, according to a recent announcement published by the Cyprus Finance Ministry the 50% reduction in Property…
EconomyFruits and vegetables became more expensive
The prices of fruits and vegetables are several times higher than last year. For example, in comparison with…
EconomyProperty market demonstrates stable growth
The new statistical data for July has been published and once again, it is positive. The volume of…
EconomyCyprus Banking System upgraded to positive by Moody
The Cypriot banking system has been upgraded to a positive rating by Moody`s Investors Service as was stated…
EconomyTransfer Fees discount becomes permanent
The discount for the transfer fee after purchasing the Property in Cyprus became permanent. For any questions regarding…
EconomyCyprus aims to control online gambling
The President of the National Gambling Association of Cyprus has announced the initiative to control the market of…
EconomyCyprus property market recovers from crisis
The Real Estate market in Cyprus is recovering from the crisis. In June the property sales went up…
EconomyCyprus EEZ — 3rd Licensing Round for offshore exploration
ServPRO reports, on Wednesday 27th 2016, Government Spokesperson Nikos Christodoulides announced via his Twitter account that Cyprus received…