Annie Charalambous

Uncertainty over short-term property lease agreements

With summer just around the corner great uncertainty prevails over the Mediterranean island’s real estate market and tourism sector because of the coronavirus, Phileleftheros...

Fast-track processing of citizenship by investment applications

The government has called for the fast-track processing of citizenship by investment applications so as to give the Cyprus economy a boost, Phileleftheros reports. Despite...

Russia’s bid to raise tax revenue a blow to Cyprus

Moscow is determined to repatriate Russian capital and increase tax revenue and a shocking measure announced by the country’s leader last week is aimed...

Fiscal package of economic measures against coronavirus before House plenum

A national fiscal package of measures to counter the economic consequences of the coronavirus epidemic in Cyprus goes before the House plenum for approval...

Working environment changes due to coronavirus

It’s a big challenge for Cypriots to learn to work from home, President of the Cyprus Human Resources Management Association (CyHRMA) Panayiotis Thrasyvoulou told Insider. With the...

Russia’s Putin drops a bomb on dividend payments

Russian President Vladimir Putin has shocked the business world when he announced that all interest and dividend payments leaving Russia will incur a 15%...

State to contribute towards salaries of 250,000 employees, self-employed

The Finance Ministry plans to provide the domestic market with loans up to €2 billion to maintain a security cushion. And despite the economic difficulties,...

Government wants EBA approval to freeze loan instalments by law

The government favours suspension by law of instalments payment - capital and interest –  till the year’s end but this is subject to an...

Property valuations amid uncertainty

The real estate industry is being clobbered by the coronavirus, and it’s going to get worse before it gets better, Phileleftheros reports citing experts. Key...

New measures being drafted to counter coronavirus economic impact

New measures being drafted by the government aim to protect employees, self-employed, small and medium-sized enterprises and those whose income is affected due to...

Banks in Cyprus under political, supervisory pressure

Banks are under political and supervisory pressure to adopt the four measures taken by the Central Bank of Cyprus aiming to mitigate the coronavirus-sparked...

Saturdays no longer busiest days for supermarkets

Saturdays have always been the busiest days for supermarkets in Cyprus but coronavirus has changed this tradition making all days of the week more...

Coronavirus: Cyprus real estate sector already hit

March is a very difficult month for the real estate market in Cyprus even though it is still not easy to ascertain the consequences...

Foreign investor takes over Riviera Club Residence in Paphos

The prevailing coronavirus-sparked economic freeze in Cyprus has not stopped a major investment deal in the property industry taking place last week. The €20 million...

New owners for Greece’s Famar pharmaceuticals

Not everything has been frozen because of coronavirus since a major deal was signed and sealed last Friday concerning the takeover of Famar –...

Additional support measures to boost the coronavirus-hit economy

The government is putting together additional effective support measures so as to boost the liquidity of business in Cyprus, Phileleftheros reports. The additional measure will...

Cyprus banks asking for clarifications from Central Bank

Banks are asking clarifications from the Central Bank of Cyprus following the supervisory authority’s call for additional liquidity to the economy to be granted....

Coronavirus forces rapid business evolution also in Cyprus

The recent coronavirus outbreak is forcing a rapid business evolution and reinvention of infrastructure and processes as almost everything shifts online. Studies have shown that the digital...

Call for construction sites to be included in coronavirus-mandated lockdown

Workers and developers in Cyprus are calling on the government to include construction sites in the coronavirus-mandated lockdown since health and safety measures taken...

Coronavirus outbreak sparks need for urgent new software

The island’s fledgling Deputy Ministry for Research, Innovation & Digital Policy is on high alert trying to meet urgent software needs sparked from the...

Coronavirus: political parties preparing measures to support companies, workers

Just when the government is ready with the handful of bills outlining support measures to companies and employees to address the fallout from the...

Top Stories

Cyprus in lockdown: All the new measures

A new decree under the Quarantine Law Act was issued today by Health Minister Constantinos  to tackle coronavirus . This is the full text of...

Israel to use computer analysis to find likely coronavirus carriers

Israel's defence ministry plans to use software that analyses data gathered from mobile phones - produced, according to Israeli media, by the spyware firm...

Exceptions to ‘one permission a day’ rule

    Tougher lockdown rules come into force at 6 am on Tuesday, with members of the public only allowed to send one SMS to leave...

Man who assaulted police during check jailed for 20 days

The Limassol District Court sentenced a 30 year old man from Georgia on Monday to 20 days in jail for assaulting police officers last...

Cyprus tightens lockdown-UPDATE

Permission to leave the house will be limited to once a day and gatherings at houses will be restricted only to its residents, under...