Cyprus Real Estate Agents Council Announces Mandatory Examination for Prospective Agents

by THEFUTURE.TEAM

September 9, 2025

The Cyprus Real Estate Agents Registration Council has confirmed that written examinations for new candidate real estate agents are scheduled for November 6, 2025. The examinations, an essential step toward licensure under the Republic’s property and planning legislation, will be held on Thursday at 4:30 p.m. at the Pavilion in Nicosia.

Legal Mandate and Industry Standards

Council President Marinos Kineyirou outlined that these examinations are conducted pursuant to Article 11(1)(a)(v) of the Real Estate Agents Law. This process is designed to ensure that all applicants possess the requisite understanding of the country’s complex real estate regulations, including the Immovable Property (Tenure, Registration and Valuation) Law, the Transfer and Mortgage Law No. 9 of 1965, and other pertinent legislations concerning property practices.

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Examination Details and Content

The candidates will be assessed through a closed-note, written examination conducted entirely in Greek. The scope of the assessment includes key legal provisions from various laws: the Land and Surveys Department (Fees and Charges) Law, the Sale of Immovable Property (Specific Performance) Law of 2011, the Streets and Buildings Regulation Law, the Town and Country Planning Law of 1972, and the Real Estate Agents Law of 2010. This rigorous evaluation process is set to uphold the integrity and professionalism within the industry.

Eligibility Criteria and Application Process

Eligible candidates must submit their applications online by 2:00 p.m. on September 25, 2025, accompanied by a fee of €100. Applicants are required to meet stringent criteria under Article 11(1) of the Real Estate Agents Law. In addition to being a citizen of the Republic or another EU member state, candidates must not be bankrupt or under any legal incapacity, and must have a clean legal record free from convictions related to dishonesty or moral turpitude (unless formally rehabilitated). Furthermore, the academic prerequisites demand a recognized diploma reflecting a minimum of three years of post-secondary education relevant to the industry, or its part-time equivalent, alongside at least 12 months of professional experience as a registered assistant real estate agent. Postgraduate qualifications obtained after at least one academic year in relevant subjects are also acceptable.

Further Inquiries

Interested parties requiring additional details on the application process are encouraged to contact the Cyprus Real Estate Agents Registration Council at 22666377. This initiative reflects the Council’s commitment to enhancing professionalism and ensuring that prospective agents are adequately prepared to navigate the complexities of Cyprus’s property and planning sectors.

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Brussels Urges Immediate EU Approval Of New Russia Sanctions And €90 Billion Ukraine Aid Plan

by THEFUTURE.TEAM

February 18, 2026

Strategic Support For Ukraine Amid Crisis

The Economic and Financial Affairs Council, meeting under the Cyprus Presidency, approved a €90 billion loan package intended to cover Ukraine’s financing needs for 2026 and 2027. The initiative, backed by both the European Parliament and the European Commission, is scheduled to begin disbursements in the second quarter of 2026, reinforcing Europe’s financial support for Ukraine as the conflict with Russia continues.

A Coordinated European Response

Following the council meeting, Finance Minister Makis Keravnos emphasized the urgency of immediate financing measures. Designed to counter the economic disruption caused by ongoing Russian military actions, the council also approved amendments aimed at accelerating Lithuania’s recovery and resilience plan. Within the framework of the Recovery and Resilience Facility, approximately €394 billion has already been disbursed, accounting for about 68% of the originally allocated funds.

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Bolstering Defence And Fiscal Stability

In efforts to strengthen defence capabilities across the bloc, the council activated the national escape clause for Austria for four years. This measure paves the way for a gradual increase in defence spending while ensuring fiscal balance remains intact. Complementing these decisions, eight implementing decisions under the Security Action for Europe instrument have been adopted, thus facilitating the provision of affordable long-term loans aimed at modernising defence equipment and bolstering overall readiness among participating member states.

Enhanced Sanctions and Financial Oversight

In tandem with the support measures for Ukraine, the council updated the EU list of non-cooperative tax jurisdictions, incorporating Vietnam and the Turks and Caicos Islands while removing Fiji, Samoa, and Trinidad and Tobago. At the same press conference, Economy and Productivity Commissioner Valdis Dombrovskis underlined the pressing need to intensify sanctions against Russia. With reports confirming continued attacks on energy infrastructure throughout winter, the Commission is pushing forward with a 20th sanctions package aimed at curbing Russia’s trade, energy, and financial services activities. The legislative process for these sanctions, bolstered by robust parliamentary support, is expected to conclude within the coming week.

Ongoing Initiatives and Fiscal Controls

Commissioner Dombrovskis also provided updates on the Recovery and Resilience Facility, emphasizing strides towards an accelerated implementation process ahead of the August deadline. Furthermore, the SAFE defence investment instrument continues to progress with promising evaluations from 16 member states, nearly €113 billion in SAFE loans disbursed, and additional assessments forthcoming. This comprehensive approach underscores the EU’s commitment to fiscal prudence while simultaneously addressing defence and security imperatives.

Conclusion

As Brussels navigates a complex geopolitical landscape, these strategic initiatives demonstrate a balanced approach to reinforcing regional security, supporting Ukraine, and maintaining fiscal discipline. The rapid progression of these measures is emblematic of the EU’s proactive stance, ensuring that the bloc remains well-equipped to address both immediate challenges and long-term structural changes in a turbulent global environment.

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