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20th April 2024
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News

Soaring rents harm job market

There is a Catch-22 when seeking a high-paid job, especially in Limassol, where exorbitant rents are a turn-off. This results...
Investment

The rise and rule of zombie banking in Cyprus

In a country like in Cyprus where the actual private debt is over three times the country’s GDP, it...
Investment

Banking sector challenges lie ahead

The banking sector faces multiple challenges ranging from the large percentage of non-performing loans (NPLs) to climate change; despite...
Non-Performing Loans

Managing toxic loans outside the banking system

Terms like "non-performing loans", "foreclosures", "loan sales" entered our lives in the last decade as a result of the...
News

Loan repayment holiday until June 2021

The Central Bank of Cyprus (CBC) has approved a new loan repayment moratorium until the end of June because...
News

Commission approves Cyprus’ airlines incentive scheme

The European Commission has approved a €6.3 million Cypriot incentive scheme towards airlines affected by the coronavirus outbreak, supporting tourism and possibly the overseas property market.
Articles

Clouds gathering over the Cyprus economy

Risks, driven by world economy deceleration, Brexit as well as Cyprus' domestic challenges are clouding the medium-term outlook of the Cypriot economy, an economic conference has heard.
News

Limassol upcoming skyline fears

Limassol's construction ambitions are rising vertically, but many argue that the new high-rise buildings are unsightly and clutter the landscape, but it seems that the problems are far more serious.

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Established in 2004, Cyprus Property News is the Island’s leading on-line resource for overseas home buyers and property investors.

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