Business

Business

Cyprus’ recovery and resilience plan.

Following an unprecedented crisis due to the pandemic, Cyprus’ recovery and resilience plan responds to the urgent need of fostering a strong recovery and making Cyprus future ready. The reforms and investments in the plan will help Cyprus become more sustainable, resilient and better prepared for the challenges and opportunities of the green and digital transitions. To this end, the plan consists of 75 investments and

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Business

The economic challenges after Covid–19.

One consequence of the Covid – 19 pandemic and the response to it, is the accumulation of debt by governments and private companies alike. The question, hence, is rightfully raised, what this might mean for growth and stability going forward and what additional policy responses might be necessary, to protect macroeconomic stability, the efficacy of the banking sector and the viability and vitality of the corporate

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Business

Cyprus Announces EUR 30 Million Grants for Upgrading your Home’s Energy Efficiency

On January 26, 2021, The Cyprus Ministry of Energy & Trade has announced the launch of a new scheme that will sponsor a total of EUR 30m to encourage energy efficiency upgrades amongst existing homeowners in Cyprus.  This new scheme results from an EU initiative to reduce greenhouse gas emissions by at least 40% by 2030. The initiative also aims to strengthen energy security, competitiveness, and

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Business

4 Reasons Why You Should Invest In Cyprus

Cyprus and specifically Limassol are presently going through a period of heavy development. The latest records on building permits show a dramatic and continued increase from 2017 until this very day. Rental prices and property values are increasing with high-rise buildings and large-scale projects being built uninterruptedly and changing the Limassol landscape. Business-Friendly Environment Numerous factors are adding to the rise of the need for real

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