News

Electricity tariff has been...

Electricity tariff has been reduced in Cyprus

The Cyprus Electricity Company has lowered the tariff for services by as much as 5.5% to 3.27 cents.

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The Bomo network replenishment...

The Bomo network replenishment – a new 4 * hotel

The good news for lovers of quality relaxation on the Olympic Coast is the replenishment of the Bomo hotel chain. The new 4-star Bomo Danai Hotel & Spa opened its doors to guests. The hotel for romantic and family vacations became the 28th in the network's collection.

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The surplus of the budget of...

The surplus of the budget of Greece amounted to € 382...

Greece has successfully overcome the crisis and paid off with international lenders. The development of the tourism industry, the “Golden” visa program, which allows you to obtain the right to permanent residence in Greece when buying property for a certain amount, a significant reduction in social programs and tax increases, helped the country cope with debts and budget deficits.

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Preparations began for the...

Preparations began for the celebration of the Assumption of...

The Assumption of the Blessed Virgin Mary is one of the largest religious holidays in Greece. In importance, he is not inferior to Easter. Therefore, the Greeks are fasting, and in honor of the Blessed Virgin Mary, they organize a solemn church procession.

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ENFIA: real estate tax in...

ENFIA: real estate tax in Greece will be lowered by 30%

The Ministry of Finance of Greece has prepared a new bill, which is designed to ease the tax burden for individuals and legal entities. By the end of the month, the document will be submitted to Parliament for consideration. It provides for a 30% reduction in the ENFIA * real estate tax from 2021.

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The brightest starfall of 2019...

The brightest starfall of 2019 – a reason to buy a ticket to...

Fans of meteor events from around the world come to Cyprus to see an amazing sight – the brightest starfall of 2019.

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The chef from Thessaloniki hit...

The chef from Thessaloniki hit the Guinness Book of Records

Chef Akis Petredzikis gathered a team of 150 people to make the most burgers in just 60 minutes. Earlier, a similar record was set by a cook from Hong Kong and was successfully entered into the Guinness Book of Records.

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Greece plans to become the...

Greece plans to become the most business friendly in the EU

The ambitious plans were announced by the Minister of Economic Growth and Investment Adonis Georgiadis. He is confident that a favorable business environment will attract foreign businessmen who want to earn money in loyal conditions.

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Cyprus will host Halloumi...

Cyprus will host Halloumi cheese festival in August

In the quiet village of Drusha*, 27 km from Paphos, on August 13 fans of Cypriot halloumi cheese will gather. Even though the cheese is home to a small village, it has already gained worldwide fame.

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Capital controls have been...

Capital controls have been abated in Greece

The Central Bank of Greece has notified: in September 2019, the movement of capital will no longer be controlled. For business owners in the country – this is rather the expected step. The first concessions for owners of accounts in Greek banks were introduced at the end of June 2015.

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Cyprus – the country with the...

Cyprus – the country with the largest population growth in...

The statistical service of the European Union, Eurostat, conducted a study on population growth in European countries for 2018. Its result was the rating of the countries in which the largest population growth was recorded. In the top five was the Republic of Cyprus.

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Paphos prepares for the opera...

Paphos prepares for the opera festival "Aphrodite"

On August 30, the annual Aphrodite Opera Festival starts in Paphos. In 2019, the international cultural event will be held 21 times already. The mayor of the city informed about the upcoming event at a special press conference.

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Limassol ready to meet...

Limassol ready to meet documentary fans from around the...

On August 1, the 14th International Film Festival kicks off in Lanitis Carob. It will last until August 8th.

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Cyprus is embraced by a...

Cyprus is embraced by a construction boom

In the first six months of this year, Cypriot state services issued more than 2,000 building permits. In comparison with the same period of 2018, the growth was 6.4%. Namely: in 2019, 2111 permits were registered, in 2018, 1976. The figures confirm that the economy of Cyprus is developing rapidly, and with it, the situation in the construction industry is also improving.

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An ancient artifact found near...

An ancient artifact found near Cyprus

Cyprus is the best place to search for ancient artifacts that have been stored for thousands of years not only on the island itself but also in the surrounding waters. More recently, the island was found another find. Near the resort of Protaras, archaeologists have discovered an ancient ship that belonged to mariners from ancient Rome.

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