Economy

500 new affordable rentals and worker housing scheme unveiled

President Nikos Christodoulides announced Tuesday the construction of around 500 new housing units on state land across Nicosia, Limassol, Larnaca and Paphos. The government...

Christodoulides: Housing to be key priority of Cyprus’ EU Presidency

President Nikos Christodoulides told the annual general meeting of the Land and Building Developers Association on Tuesday that affordable housing will occupy “a prominent...

AKEL moves permanent housing interest subsidy to plenary vote

The AKEL proposal to remove the time limit on housing loan interest subsidies paid by the Central Agency for Equal Distribution of Burdens (CAEDB)...

Cyprus Christmas villages revitalise mountain tourism

Visitor numbers to the Christmas villages have surged this year, offering a significant economic boost to Cyprus' mountain communities and bringing life back to...

Parties reach broad agreement on Cyprus tax reform package

Political parties appear close to finalising Cyprus’ tax reform package after intensive behind-the-scenes negotiations, with the House finance committee continuing closed-door discussions on Wednesday....