News: Economy
Cyprus news in the “Economy” category — updated throughout the day.
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 international company listed on the Johannesburg Stock Exchange in a deal worth a reported € 260m.…
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…
EconomyCyprus 7 year old bond bids reach 2,5 billion
The bids for the 7 year bond of Cyprus under the Euro Medium Note Term Program (EMTN) reached…
EconomyCyprus and UAE cooperation on natural gas and renewable energy
The Minister of Foreign Affairs and International Cooperation of the United Arab Emirates (UAE), Sheikh Abdullah bin Zayed…