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23rd April 2024
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Monthly Archives: July, 2018

News

Is the Cyprus construction boom sustainable?

Editorial -
Questions raised about the latest Cyprus construction boom and whether there is a sustainable demand for new homes or is it just the result of the 'passports for cash' scheme?
News

Cyprus construction industry enjoying a revival

Editorial -
Cyprus' construction industry seems to be regaining confidence over the past year, as developers encouraged by an increase of activity, feel that the barren years of the real estate crisis are behind them.
Legal Matters

Cyprus consumer protection decisions

Nigel Howarth -
The Cyprus Consumer Protection Service has recently issued decisions against Alpha Bank Cyprus (former Emporiki Bank) and two property development companies Geormaride Ltd and VM Development Ltd.
Marinas

Paphos high-rise resort gets off the ground

Staff Reporter -
The town planning department has approved building permit to construct two 12-storey high-rise buildings and 122 apartments at Geroskipou in Paphos as part of the Peninsula Resort project.
News

Funds eyeing Bank of Cyprus bad loans

Bloomberg -
A number of funds are reported to be interested in buying some of the Bank of Cyprus' non-performing loan portfolio, which is valued at as much as €5 billion, according to Bloomberg.
News

Non-performing loans highest in Europe

Nigel Howarth -
Non-performing loans (NPLs) in the Cypriot construction and real estate sectors are amongst the highest in Europe with construction NPLs standing at 75 per cent and real estate NPLs standing at 39 per cent at the end of March.

Top Stories

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