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House Approves €2.6 billion State Guarantees to Hellenic Bank

The plenary of the House of Representatives, in an extraordinary meeting on July 8, voted for a decision which approves state guarantees amounting to €2.6 billion granted by the Minister of Finance to Hellenic Bank for the absorption of the Cyprus Co-operative Bank (CCB). The decision was voted with 32 votes in favour and 20…

Paphos Marina Contract Awarded

AFTER nearly three decades of bureaucratic delays and legal wrangles, the contract to build the Paphos marina has been awarded to Pafilia by the ‘new’ Marina Management Committee. According to the Greek language newspaper Phileleftheros, the committee had been examining the issue for the past two months before informing Pafilia of its decision yesterday. The…

Highrise Not Needed in Paphos

AFTER it was revealed this week that Paphos municipality has received ten applications for high-rise buildings, a 500-strong group Movement to Save Paphos says there is no need for such construction in the district and an expert body should be formed to offer proper advice before it is too late. According to Antonis Trakkides, a…

Cyprus’ Coptic Storm

For those of you living here or visiting at the moment, you will have noticed a thick blanket of dust hovering over Cyprus leaving you feeling a bit sluggish. This general mugginess comes and goes in Cyprus but fret not it is quite rare! This layer of dust coming from a sandstorm generally lands in…

Casino Resort – City of Dreams

Cyprus’ first integrated casino resort, City of Dreams Mediterranean, has launched its official website. Available in English and Greek, the website includes project details and information on the Integrated Casino Resorts Cyprus consortium. The website also features a media centre and a section dedicated to the island. Also available is Melco Resorts & Entertainment’s career…

Eden Seniors Resort

Located on Tersefanou Hill in Larnaca, the Eden Seniors Resort officially opened its doors on the 1st of March. Providing luxury accommodation and assisted living to retirees and the elderly. It is the first of its kind in Cyprus. Approximately 5km from Larnaca International Airport and within walking distance to local amenities, it also boasts…

A New Year, A New You!

The start of the year is synonymous to New Year’s resolutions, setting of new goals, letting go of the old and bringing in the new, but how many of us really keep to our resolutions? Perhaps it would be better to start the year with a theme instead? For instance, ’Get Fitter’ not ’Lose 5…

Best Golf Course in Cyprus!

Exciting news for golf lovers! The €2.5m investment upgrade for the Golf Course is ahead of schedule and Aphrodite Hills has brought forward the opening date of the Golf Course to the 19th January 2018. Golf Packages, including rounds on the new Course are on sale and available from this date onwards. A complete modernisation…

Breast Cancer Awareness Event

On Saturday 18th November 2017, the Aphrodite Hills Retreat Spa are organising a Breast Cancer Awareness Day. By attending the event you will raise money for the non-profit organisation Europa Donna. A Gynaecological Health Day is also on offer at the Evangelismos Aphrodite Hills Hotel Medical Clinic.              

Immovable Property Tax Re-introduction?

  The International Monetary Fund (IMF) has released its ” Statement of the 2017 Article IV Mission “. All indications portray a positive outlook for Cyprus and with GDP growth at 3.6% compared to the same period last year the IMF has made several recommendations to ensure the growth is sustainable. One recommendation is the…

Paphos – Best City to Buy!

Paphos has been identified as the best city to buy a summer holiday home abroad by credit eligibility firm TotallyMoney. According to Mortgage Introducer website, TotallyMoney rated destinations based on average property price, temperature, the number of rainfall days, English proficiency, the daily number of flights, the average flight cost, the number of amenities (bars,…

Aphrodite Hills Golf – PGA Status

Aphrodite Hills Golf, PGA National, Cyprus is elevating the standards of all golf lover’s vocation Aphrodite Hills Resort is delighted to announce that the 18-hole Championship Golf Course has attained the highest standard recognition in Golf, the PGA National, Cyprus. The course, designed to a world-class standard, is undergoing a €2.5m investment upgrade and complete…

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