UPDATE: PAPHOS MARINA

UPDATE: PAPHOS MARINA

The Pafilia Group should hear by the end of the month whether it has met the required criteria to build the Paphos marina, which has been stalled by bureaucracy and legal battles for more than a decade. Andreas Demitriades told the Cyprus Mail on Monday that he expects a decision to be made before the end of October. “The Pafilia Group were asked to provide all of the n...
Local Wednesday, 11 October, 2017
Property prices continued to rise (RICS)

Property prices continued to rise (RICS)

This is the thirtieth publication of RICS’ Cyprus Property Price Index, a quarterly price and rental index which is based on methodology produced by the University of Reading, UK. The Index tracks property and rental prices across all districts and main property types. Introduction & Commentary During the first quarter of 2017 the Cyprus economy showed further signs...
Local Saturday, 16 September, 2017
The Cyprus economy is surging ahead

The Cyprus economy is surging ahead

The Cyprus economy is running at a high rate of growth, at an estimated 3.6% in the second quarter of 2017, compared with the corresponding quarter of 2016. After GDP and seasonal fluctuations, the growth rate of the economy is estimated at 3.5%, compared to 3.7% in the first quarter of the year. The percentage change on a quarterly basis was 0.9%. Finance Minister Harris Geo...
Local Saturday, 02 September, 2017
Cyprus to introduce stricter criteria for older drivers

Cyprus to introduce stricter criteria for older drivers

The Law Office of the Republic is looking over proposed legislation on the tests drivers aged over 70 will need to undergo to be allowed to stay on the road. Speaking to ACTIVE radio on Friday, Communications Minister Marios Demetriades said the proposed legislation included more frequent checks to ensure elderly drivers fulfilled a number of criteria. The proposal has become...
Local Friday, 01 September, 2017
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