Introduction I had the pleasure of visiting the newly renovated fishing harbor in Ormidea today, situated right next to the charming ROMANTZO restaurant. Let me tell you, I was absolutely captivated b…Continue Reading
The benefits that the city will have from this development will be many, the transport minister said The Minister of Transport, Communications and Works, Alexis Vafeades, expressed today the assessmen…Continue Reading
They Will “Pinch” House Prices And… Seeing
In anticipation of tomorrow’s new debate in the Parliamentary Committee on Finance on the much-vaunted bill that places restrictions on beneficiaries of reduced VAT of 5% when buying or building a primary residence or apartment, information from parliamentary parties indicates that there is an intention by the majority to amend the bill, although the finance minister has warned that any change in the text may provoke the reaction of the Commission or even the referral of Cyprus to the Court of Justice of the EU.
It is almost certain that the parties will attempt to slightly increase the maximum values of properties benefiting from reduced VAT, although they have not yet decided at what point the values of apa…Continue Reading
An open wound of Larnaka closes, opening up, at the same time, huge prospects for development, on a large coastal front on the Larnaca – Dhekelia road, which will be connected, through a pedestrian st…Continue Reading
Cypriot banks are not at risk and there is no cause for concern after the turmoil caused by the crisis this week at Credit Suisse and the US Silicon Valley Bank before that. This is what Central Bank…Continue Reading
It is only a matter of time before the Seveso directive is terminated from the area of the former refineries in Larnaca, since the procedures for the relocation of LPG companies, which now have a stat…Continue Reading
Notable Economic Performance For Cyprus
The international economic and geopolitical developments, as well as the current situation and prospects of the Cypriot economy, were discussed at a meeting between the Minister of Finance Konstantinos Petrides and the Executive Director of the IMF Paul Hilbers, who is on an official visit to Cyprus.
The remarkable economic performance achieved by the Republic of Cyprus in recent years is particularly important at a time of global macroeconomic instability, IMF Executive Director Paul Hilbers stre…Continue Reading