SUNDAY, 20 SEP 2020

 

CONNECT

Facebook Linked In Twitter
GAP Vassilopoulos
GloriaJeans_266x90px
IMH LTD

Merkel And Conte Express Full Support To Cyprus

Themis Papadopoulos Re-elected At The ICS Board Of Directors

IMH LTD

ECONOMY

Building Permits In Cyprus Record Drop In First Five Months Of 2020

Building Permits In Cyprus Record Drop In First Five Months Of 2020

Building permits issued in the first five months of this year in Cyprus recorded a drop compared with the same period of last year, data released by the Cyprus Statistical Service, on Tuesday show.

 

According to CyStat in May 2020, the month during which COVID-19 containment measures started to be gradually lifted in Cyprus, the number of building permits authorised by the municipal authorities and the district administration offices stood at 708. The total value of these permits reached €274.3 million and the total area 200.9 thousand square metres. These building permits provide for the construction of 956 housing units, it says.

 

During the period January – May 2020, 2,429 building permits were issued compared to 2,820 in the corresponding period of the previous year.

 

The total value of these permits decreased by 43.7% and the total area by 25.4%. The number of housing units recorded a decrease of 5.7%.

 

Building permits constitute a leading indicator of future activity in the construction sector, CySat adds.

 

Source: CNA

MORE ON ECONOMY

Pilides: The Eastern Mediterranean Gas Forum Is A Very Important Initiative

The Eastern Mediterranean Gas Forum (EMGF) is a very important initiative by Egypt, said ...

Job Vacancy Rate In Cyprus Down In Second Quarter

Job vacancies in Cyprus amounted to 1.2% or 4,172 in the second quarter of 2020, marking ...

NPLs In Cyprus Rise Slightly In April

Non-performing loans (NPLs) rose slightly in April corresponding to 27.7% of total loans, ...

FROM AROUND GOLDNEWS

   

EU Commission Raises Climate Ambition And Proposes 55% Cut In Emissions By 2030

The European Commission presented its plan to reduce EU greenhouse gas emissions by at least 55% by 2030, compared to 1990 levels. This level of ambition ...
   

Sunnyseeker Hotels Takes Over Elias Beach Hotel In Limassol

Sunnyseeker Hotels announced the signing of a management agreement with EOE Tourist Enterprise Ltd, owner of the Elias Beach Hotel in Limassol. ...
   

Nicos Anastasiades: Mitigating The Pandemic’s Social And Economic Impact Remains Our Main Concern

Mitigating the social and economic impact of the coronavirus pandemic and the return of all sectors of the economy to maximum operation remain the ...
   

Increased Interest In The Plots Of Aristo Developers In Nicosia

Aristo Developers recently announced the segmentation and marketing of ninety large plots for residential development in the Municipality of Engomi in Nicosia. ...
   

Emmanuel Macron Faces Return Of Strikes

Strikers are taking to the streets of France on Thursday for the first time since the country returned to work from the summer holidays, signalling a difficult ...
   

Toyota Reveals Plan To Turn Trucks Into Emissions-Free 'Power Plants'

Portable emissions-free “power plants” could soon hit the road under plans by Toyota to fit some of the company’s light-duty trucks with ...
   

Merkel And Conte Express Full Support To Cyprus

German Chancellor Angela Merkel and Italian Prime Minister Giuseppe Conte expressed, during separate telephone conversations they had on Thursday with Cyprus ...
   

WHO Warns Europe Over Covid Surge

Surging coronavirus figures across Europe should serve as "a wake-up call", the World Health Organization's regional director has said. Hans ...
 

YOUR COMMENTS

HEADLINES

MOST POPULAR

Gold_September
Real_Estate_22/07-28/09

IMH LTD