On the 8th of June, the Cyprus Parliament voted that the reduced VAT rate of
The International Monetary Fund (IMF) maintained its projection for Cyprus’ economic growth in 2023 at
The Central Bank of Cyprus (CBC) has marginally upgraded its projections for GDP growth this
Minister of the Interior Konstantinos Ioannou said on Wednesday that real estate investments in Cyprus follow
The Price Index of Construction Materials for January 2023 reached 136.01 units (base year 2015=100),
Real GDP growth is projected at 5.6% and 2.6% for 2022 and 2023, respectively, according
The value of real estate sold during 2022 is approaching €6 billion, according to the
House Price Index (HPI) recorded an increase of 5.3% the third quarter of 2022, compared
Economic growth for 2022 is expected to reach 5.8%, while GDP is expected to slow
Τhe GDP growth rate in real terms during the third quarter of 2022 is positive
Consumer Price Index inflation is forecast at 8.6% and 3.4% for 2022 and 2023, respectively,
The International Monetary Fund (IMF) has upgraded its forecast on the growth rate of the
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