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KEVE Sees Boost to Economy Through New Housing Policy

Published February 18, 2026, 17:21

The Cyprus Chamber of Commerce and Industry (KEVE) estimates that the government's new housing policy will boost the economy, providing impetus to construction, the real estate sector, and construction industries. KEVE welcomes the announcement of the new policy, stating that it aims for substantial solutions to the housing issue and is expected to contribute to the creation of new jobs. The Chamber points out that the new provisions and revised criteria create wider preconditions for access to housing, while simultaneously strengthening the stability of the economy. KEVE states its support for policies that promote development and competitiveness, creating prospects for households, businesses, and the Cypriot economy as a whole. The Chamber further states its readiness for constructive dialogue and contribution to the further strengthening of the new policy as an institutional representative of the business community.