Economy

Housing loan interest subsidy scheme through GenAcc Office

According to the Ministry of Finance, the interest rate subsidy cannot exceed 2%. Borrowers can refer to the designated contact points for further information. Following...

“Bargaining” over emergency tax on banks not working

In anticipation of tomorrow's parliamentary vote on AKEL’s proposal for an emergency tax on banks, political parties are awaiting moves from the banking sector....

Beneficiaries of the approved housing loan interest subsidy scheme

The President of the Republic, Mr. Nikos Christodoulides, presided today over a meeting of the Council of Ministers at the Presidential Palace. Following the meeting,...

What will change by January 9 for instant payment charges

Andreas Kostouris, spokesperson for the Cyprus Banks Association, appeared on the Mesimeri Kai Kati programme to discuss upcoming changes to banking charges and potential...

Fast-track building permit issuance now in effect

The Ministry of the Interior announced today that a Ministerial Decree enabling the fast-track issuance of building permits for low-risk developments of up to...