According to CYSTAT data released on Thursday, the building material price index in October 2007 recorded an increase of 5.61%. The highest increase of 20.44% was observed in the price of fuel...
According to latest CYSTAT data, cement sales in October 2007 rose 17.8% to 176.7 thousand tons compared to 150 thousand tons in the corresponding month of 2006. In January – October 2007, the...
21/11/2007
Central Bank Governor, Athanasios Orphanides stated on Monday that the Central Bank does not intend to take additional measures to restrict loan growth. Speaking after the Monetary Policy Committee’...
12/11/2007
The property sector, which follows an upward trend this year in view of the imposition of VAT on plots, contributes heavily to the state revenues. According to latest figures, the significant...
09/11/2007
According to latest CYSTAT data, the property market shows signs of stabilization. The area of the licensed projects in January – August 2007 rose 5.7% to 2.44 million sq. meters compared to 2.31 sq...
06/11/2007
Despite the reactions on behalf of the land developers on the ineffectiveness of the Central Bank’s measures with regard to the loans granted for construction purposes, Central Bank officials are out...
31/10/2007
The Central Bank’s decision to cut the lending ceiling for the purchase of a home from 70% to 60% aroused strong feelings to the Land Register. During the House Commerce Committee’s session, which...
30/10/2007
At a meeting held on October 25, 2007, the new Board of Directors of Alpha Insurance elected Mr. Costas Kokkinos, CEO of Alpha Bank (Cyprus), as new Chairman. According to the announcement, with the...
25/10/2007
Citizens will now be able to be informed on the course of their application for an urban planning license via the internet. According to an official announcement, from November 5 all citizens who...
24/10/2007
The market sees strong prospects of growth in the property companies that are listed in the Cyprus Stock Exchange. According to their fundamentals, they trade with high P/E and in prices that exceed...
23/10/2007