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December 11, 2024
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The licensing process for development projects is being simplified and restructured

Minister of Interior Constantinos Ioannou has announced that the plan to simplify the licensing process

December 2, 2024
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<strong>After 13 years, Moody’s upgrades Cyprus to A rating</strong>

After 13 years, Moody's Ratings upgraded Cyprus to the A grade - A3 from Baa2

October 24, 2024
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IMF upgrades Cyprus’ growth forecast

The International Monetary Fund (IMF) has revised its growth forecast for Cyprus in 2024, upgrading

August 6, 2024
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Central Bank of Cyprus revises growth rate for 2024 to 3%

The Central Bank of Cyprus (CBC) made a conservative upward revision to the GDP growth

April 19, 2024
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<strong>IMF: Cyprus to achieve the 60% debt-to-GDP target sooner</strong>

Cyprus will achieve sooner its 60% debt to GDP ratio as stipulated by the Maastricht

April 19, 2024
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<strong>FinMin: IMF estimates for Cypriot economy improved</strong>

The Ministry of Finance welcomed, in a press release on Wednesday, the new estimates for Cyprus by

March 4, 2024
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<strong>CBC projects GDP growth at 2.6%, 3.1%, 3.2% in years 2024-2026</strong>

The Central Bank of Cyprus (CBC) expects GDP growth of 2.2% in 2023, compared to

February 21, 2024
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<strong>EC approved interest subsidy scheme for housing loans</strong>

The European Commission's DG Competition has approved an interest subsidy scheme for housing loans concluded between

February 20, 2024
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<strong>Commission forecasts GDP growth and inflation slowdown for Cyprus</strong>

The European Commission’s Winter Interim Forecast has predicted GDP growth in Cyprus to increase by

January 10, 2024
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Real estate sales in 2023: 16% increase, Limassol tops the list as Larnaca rises

Last year ended on a positive note for the Cypriot real estate market, with all

January 9, 2024
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Building permits no longer required for small-scale housing construction

The Ministry of Interior is striving to complete the simplification of the development control system

December 28, 2023
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GDP expected to rise in 2024-2026, unemployment and inflation to fall

The GDP growth rate for 2023 is expected to reach 2.2%, while for the years