Cyprus online market surges to $15.5 billion
Cyprus is seeing an online market surge, as more women enter the market to make their homes more affordable.
The island nation has been hit hard by the economic crisis, and it is now seeing the first surge in women buying homes online.
Cyprus is also one of the most female-friendly countries in the world, with just 3.4 percent of women being employed in 2016.
However, as many as 20 percent of Cyprus’ women are unemployed, and more than a third of the population is under 25 years old.
Cyprus has been the site of a long struggle for women to gain access to credit.
According to the OECD, a staggering 86 percent of adult women lack access to an account with a credit score.
It is estimated that one in three women have no credit history at all, according to a recent report by the International Monetary Fund.
Cypriot Prime Minister Nicos Anastasiades is hoping to address the issue with an initiative called “Sophia, the Future” which aims to provide financial assistance to women who are unemployed and facing debt in order to give them the ability to make ends meet.
According to a statement, Sophia aims to address this by offering loans at the minimum needed, with up to 80 percent of loans provided to women.
The announcement comes as Cyprus continues to see an increase in demand for property and home equity loans.
The island’s property market is already one of Europe’s hottest, and the latest figures show a sharp increase in the number of properties purchased by women in the past year.
One of the reasons behind the rapid increase in properties purchased in Cyprus is the country’s new law, which is expected to increase the availability of the property market.
The new law will allow people to buy property for their own use, and is expected by the government to boost property sales.
The law is expected be in place by January 2021.