Cyprus Business Now: property investors, consumer complaints, bank profits

Spain’s decision to impose steep taxes on non-EU property investors using platforms like Airbnb has sparked debate over whether countries like Cyprus and Greece will benefit from the shift in demand.

Speaking to the Cyprus Mail, Pavlos Loizou, CEO of real estate analytics firm Ask Wire, questioned whether these measures will actually be enacted and, if so, how thorough their implementation will be.

Moreover, Loizou explained that while some investors