News

First Minister of Tourism appointed in Cyprus

• 15.01.2019

Savvas Perdios headed the first established Ministry of Tourism in Cyprus. Together with his team, he must develop a development strategy for one of the main areas of the island’s economy.

Greece will beat the export record in 2019

• 14.01.2019

The Association of Exporters of Greece reported great news: this year, the volume of exported products will show steady growth. Representatives of the association are confident that in 2019 the historical maximum is likely to be fixed, as new markets open up and the list of goods for export is constantly expanding.

Russia and Greece strengthen military-technical cooperation

• 12.01.2019

In the Russian capital, for the 14th time, there was held a meeting by the Russian-Greek commission on issues in the field of military cooperation between the two states.

They began to use 85% less plastic bags in Greece

• 10.01.2019

According to the Greek Waste Management Agency (EOAN), the use of plastic bags has decreased in the country. The need for packaging has become less by 85%. This impressive result was facilitated by the introduction of a special environmental tax a year ago.

The first bill auction this year brought Greece $ 1,63...

• 08.01.2019

On Wednesday, Greece was able to get $ 1,625 billion (€ 1,424,294,000) at the first bill auction in 2019. This was reported to the country’s Public Debt Management Agency (PDMA). The press release said that the 6-month treasury bills were sold with a yield of 0.9%.

Australia – New Greek Investor

• 04.01.2019

Australia has also joined the ranks of active foreign investors in Greek tourism and real estate. Australian Ambassador to Greece Kate Logan told about the intention to invest in the industry at a meeting with the Vice-President of the Government and Minister of Economy Yannis Dragasakis.

Greek real estate is in high demand among Chinese citizens

• 03.01.2019

Many Chinese citizens are acquiring Greek real estate in order to obtain a “golden visa”, and, as a result, a residence permit in the EU zone.

Cyprus Banking: Latest News

• 29.12.2018

Over the past week, important developments have occurred in the Cyprus banking sector. In particular, at the meeting of representatives of the International Monetary Fund (IMF) and the Bank of Cyprus, the issue of debt on loans was considered.

Cyprus Real Estate: Latest News

• 27.12.2018

The past week has become very productive for developers and property owners in Cyprus. Debt indicators improved significantly in Bank of Cyprus due to the repayment of loans by real estate.

Merry Christmas!

• 24.12.2018

For the first time, the legendary competition IRONMAN 70.3...

• 22.12.2018

The scene of action is the town of Messini, located in the southwestern part of the Peloponnese administrative district. The choice fell on him not by chance, because it was here in ancient times that the Olympic spirit was born.

Russia and Greece intend to cooperate in the field of...

• 20.12.2018

“Greece is a special partner of the Russian Federation,” said Russian President Vladimir Putin at a meeting with Prime Minister Alexis Tsipras on December 7 in Moscow. The main topics of the dialogue of politicians were the security sector and the tourism industry.

New Year Abroad: 5 low-budget Greek destinations

• 17.12.2018

Do you want to meet New Year's Eve on the Aegean coast and see “another” Greece? Then choose one of the Greek villages or a small town. Here you will find scenic views, cozy guesthouses, reasonable prices, as well as atmospheric taverns with a delicious menu.

NICOSIA MALL, the largest shopping center in Cyprus has...

• 13.12.2018

With the onset of the Cypriot winter, the amount of entertainment on the island is greatly reduced, because the cold season is traditionally associated with a decrease in the number of tourists. This is not surprising, since the Mediterranean state is considered by many as a sole place for a beach holiday. Therefore, the local authorities decided to fundamentally change the situation and make Cyprus a favorite shopping tourism.

Cyprus is in the top five countries in life expectancy

• 11.12.2018

In Europe, a ranking was made of countries where the population has the longest life expectancy. And Cyprus entered the top five – the Mediterranean state was in the fourth place of honor. True, it had to be divided with France and Luxembourg, since, according to the statistical service, in all these countries, people on average live 82.7 years.