
Rising construction costs in Cyprus have surged by 10 per cent over the past two months , with a five-year increase reaching 35 per cent , according to the president of the Cyprus Federation of Building Contractors Associations (Oseok), Stelios Gavriel .
“The increases are attributed both to geopolitical developments in Iran and the rise in energy prices, as well as to the higher cost of emissions allowances burdening raw






