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Useful Information

October 13, 2022
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IMF upgraded Cypriot economy 2022 growth rate to 3.5% of GDP

The International Monetary Fund (IMF) has upgraded its forecast on the growth rate of the

October 10, 2022
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House prices up in Q2 2022

An acceleration in the increase of house prices was recorded in the second quarter of

October 4, 2022
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Annual increase of property sales by 18% so far in 2022

Property sales increased by 18% during the first nine months of 2022, compared to the

September 6, 2022
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S&P’s upgraded Cyprus credit rating to BBB

Rating agency Standard and Poor’s (S&Ps) on Friday upgraded Cyprus’ long term credit rating by

July 11, 2022
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Real-estate sales up 39% in first half, ‘driven mainly by domestic demand’

Real-estate sales in Cyprus rose 39 per cent in the first half of this year

June 7, 2022
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IMF: Growth in Cyprus at around 2% in 2022

Growth this year will be set back by the fallout from the war in Ukraine

May 30, 2022
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Installation of photovoltaic systems grants increased by 50%

With a budget, increased by 40%, which has the potential to increase even further, and

May 30, 2022
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Non-performing loans rate declines to 11.3% in February 2022

The non-performing loans rate in the Cyprus banking sector declined to 11.3% of total loans

May 30, 2022
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Tourist arrivals show significant increase

The number of tourist arrivals in April 2022 recorded a significant increase compared to the

May 13, 2022
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Τax incentives to attract talent and promote headquartering

The Cypriot government on Tuesday approved a bill with tax incentives aiming to attract talent

March 9, 2022
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Real Estate Market: Transaction value reached €3,8bn during 2021

PwC Cyprus has launched its latest Cyprus Real Estate Market publication, which provides insights on

January 28, 2022
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EU’s €657m approval for EuroAsia Interconnector “excellent news for Cyprus”

Now that the ambitious EuroAsia Interconnector project will be completed following EU approval of €657