Cypriot could be nominated for Oscar
Cinematographer Haris Zambarloukos could this week become only the second Cypriot ever to be nominated for an Oscar. THEO PANAYIDES talks to his old friend about loving what you do and belonging at sea or…
When is VAT payable when buying Property in Cyprus
VAT was introduced in Cyprus on the purchase of brand new property (since Cyprus’ accession to the EU in May 2004) and on the purchase of the land (from January 2018). The VAT rate is…
Strong demand for apartments raising property prices in Cyprus
Property prices in Cyprus rose during the third quarter of 2021, a report by the Central Bank of Cyprus released on Friday revealed. According to the central bank’s quarterly report on Residential Property Price Indices,…
Smaller dams set to overflow
Smaller dams are expected to overflow in the coming week while stocks in all the dams are currently at 60.4 per cent of capacity, the water development department said on Friday. The corresponding figure for…
Why invest in Cyprus
As a business owner, you can make money from any corner of our expansive planet; all you need is an opportunity and the knowledge, willingness and resources to develop it. Luckily, setting up business operations…
October tourist spending hits record high
October 2021 was the most profitable October for the tourism sector as income from tourists holidaying on the island hit an all-time high for the month. According to data by the Cyprus Statistical Service, revenue…
Coronavirus Updates
The cabinet on Wednesday took a series of new decisions regarding school and travel measures, and rules concerning visits to nursing homes. The three changes are that from January 17 to February 16, a ‘test…
Mouflon population estimated to have reached 3,000
Cyprus’ mouflon population is estimated at some 3,000, the agriculture ministry said on Friday as it showcased the protected species as ‘animal of the month’ on its Facebook page and warned that though no longer…
Non-performing loans fall by €722m in third quarter
The Central Bank of Cyprus (CBC) announced on Friday that the total amount of non-performing loans (NPLs) decreased by €722 million at the end of the third quarter of 2021, reflecting a quarter-on-quarter decrease of…
Music performances in Nicosia and Larnaca
Keeping to its live music agenda, Kafeneio to Leoforio has one more performance scheduled for this week. On Saturday at 8.30pm a new duo is arriving at the old Nicosia café-bar. Described as rowdy, exciting…