https://knews.kathimerini.com.cy/en/business/2022-marks-best-real-estate-year-in-14-years
DANOS, a prominent real estate consulting agency, hails 2022 as a remarkable year for Cyprus real estate, breaking through the economic challenges and awakening from the post-COVID stagnation. ...
https://knews.kathimerini.com.cy/en/news/londoners-at-risk-as-average-rents-could-surge-to-£2-700-month-next-year
Average rental costs in London may soar to £2,700 per month next year, new figures from City Hall suggest....
https://knews.kathimerini.com.cy/en/news/tourism-sets-record-revenue-with-fewer-arrivals
The latest data on tourism revenues for the month of May has brought encouraging news for the tourism sector, signaling positive effects on the Cypriot economy....
https://knews.kathimerini.com.cy/en/news/strongest-work-from-home-rights-for-australians
Before COVID-19 sent one-third of the global workforce home, the Melbourne property surveyor that employs drone operator Nicholas Coomber called its 180-strong staff into the office every day at 9 a.m. to hand out assignments....
https://knews.kathimerini.com.cy/en/news/fake-rental-contract-lands-woman-in-custody
The Police in Limassol are investigating a case of fraud and embezzlement involving false representations and money transfers. They have arrested a suspect in connection with the case....
https://knews.kathimerini.com.cy/en/news/growing-up-in-refugee-camps
The painful experience of being violently uprooted, the worry about finding temporary shelter until they could return home, and the hardships faced in refugee camps – which turned into months and even years – are deeply etched in the memories and hearts of the refugees....
https://knews.kathimerini.com.cy/en/news/europe-dominates-7-10-searched-summer-getaways
The European destinations continue to have the highest travel interest this summer, while Asia Pacific has experienced a surge in popularity, a recent research by Skift has revealed, showing the ten most searched destinations for travel in the summer of 2023 is led by Bangkok, Thailand....
https://knews.kathimerini.com.cy/en/news/uber-driver-saves-over-$1-000-monthly-with-tesla
Wesley Johnson, 64, uses the income he earns as a San Francisco Uber driver to offer some financial support to his four children and seven grandchildren.
...
https://knews.kathimerini.com.cy/en/news/greece-tops-billionaires-mediterranean-getaways
Greece is this year's number one destination for billionaires in the Mediterranean, surpassing Italy, which traditionally was their top choice. However, according to the travel planners for the 1%, billionaires no longer want to go to Mykonos....
https://knews.kathimerini.com.cy/en/news/platres-mayor-proposes-university-units-in-troodos
Panagiotis Papadopoulos, the Mayor of Platres and President of the Troodos Network, recently spoke on SPOR FM's DIAPORA NEWS show to discuss the development of university units in Troodos, the region's economic and touristic enhancement, job opportunities, and this year's tourism trends....
https://knews.kathimerini.com.cy/en/business/npl-crisis-highlights-tug-of-war-between-borrowers-and-legislation
The concealment, or "camouflage," of non-performing loans (NPLs) in commercial banks before 2013 and their subsequent explosion have been, and may continue to be, the most significant challenge for the Cypriot economy. ...
https://knews.kathimerini.com.cy/en/news/larnaca-piraeus-ferry-ready-to-set-sail-in-ten-days
In ten days, on July 29, the Larnaca - Piraeus ferry line is set to launch, and the demand has surged, with the Daleela ferry already fully booked. According to Deputy Minister of Shipping, Marina Hadjimanoli, who spoke on the show "Διασπορά Ειδήσεων" on SPOR FM,...
https://knews.kathimerini.com.cy/en/news/applications-open-for-rent-in-exchange-program
"The submission of applications for the 'Rent in Exchange for Installment' program will begin in October," said Ioanna Markidou, Chief Economist A' at the Ministry of Finance, in a statement to CNA....
https://knews.kathimerini.com.cy/en/comment/opinion/when-society-turns-a-blind-eye-to-homeless-foreigners
A few hours before expensive Lamborghinis and Ferraris, driven by wealthy "foreigners," start their ostentatious daily progress on the coastal road of Limassol, poor "foreigners" sleep on the sand, as long as it is still night, to become news in the morning from a well-known television station that they are "obstructing the work of local boat owners."...
https://knews.kathimerini.com.cy/en/news/relief-for-vulnerable-households-with-non-performing-loans
The ''Rent vs Instalment Scheme'' was approved by the Council of Ministers today, as announced by Government Spokesperson Konstantinos Letymbiotis following the conclusion of the Council. The European Commission's Directorate General for Competition also granted approval on July 6....
https://knews.kathimerini.com.cy/en/business/major-banks-hit-by-large-scale-cyberattack
The banks Deutsche Bank, Commerzbank, and ING are among the dozens of companies that have suffered a large-scale cyberattack....
https://knews.kathimerini.com.cy/en/news/vehicle-registrations-soar-by-24-4-in-first-half-of-2023
A significant increase of 24.4% was recorded in vehicle registrations in the first half of 2023, compared to the same period in 2022, while an increase of 22.4% was recorded in June 2023, compared to the same month last year....
https://knews.kathimerini.com.cy/en/news/parliament-approves-foreclosure-law
A significant mobilization by the Government and the Central Bank of Cyprus took place this week regarding the framework of foreclosures, primarily to withdraw the "problematic" proposal that, according to the state and banks, would have negative consequences for the Cypriot economy....
https://knews.kathimerini.com.cy/en/news/the-government-s-seven-proposals-for-vulnerable-individuals
Finance Minister Makis Keravnos submitted seven government actions aimed at addressing issues related to non-performing loans to Parliament yesterday....
https://knews.kathimerini.com.cy/en/news/uncovering-hidden-gems-abroad
July is a month that many people eagerly await to enjoy their vacations....
https://knews.kathimerini.com.cy/en/news/president-proposes-measures-to-address-foreclosure
During the International Investment Awards ceremony held by Invest Cyprus, President Nikos Christodoulides delivered a speech addressing the issue of foreclosures and their impact on the economy. ...
https://knews.kathimerini.com.cy/en/news/president-urges-solution-as-foreclosure-laws-vote-approaches
Cyprus is heading towards suspending first residence property foreclosures up to 350,000 euros until the end of October....
https://knews.kathimerini.com.cy/en/news/turkish-or-turkish-cypriot-court-decision-controversy
The Republic of Cyprus will pay a compensation of €345,000 to a Turkish Cypriot of American origin, while also returning his property in Limassol, which was being irregularly exploited....
https://knews.kathimerini.com.cy/en/news/mossad-kidnapping-inside-iran-tied-to-cyprus
Bizarre revelations emerged on Thursday in an alleged thwarted attack on Israeli targets in Cyprus, after Mossad revealed that agents had gone inside Iran and kidnapped a man who later confessed on video his plans to kill an Israeli businessman on the island...
https://knews.kathimerini.com.cy/en/news/nicosia-encourages-green-transportation-with-new-policy
Effective Saturday, July 1, the Nicosia Municipal Council will implement new parking fees in municipal parking areas, following a decision made on April 20, 2023.
...
https://knews.kathimerini.com.cy/en/business/1-unmasking-tax-evasion-on-greek-islands
New technologies, as well as citizens, are bringing cases of major tax evasion to the surface....
https://knews.kathimerini.com.cy/en/news/mossad-and-cyprus-foil-iran-s-terror-cell-targeting-jews
The Mossad helped Cyprus crack an Iranian terror cell, according to sources on Sunday, 25th of June....
https://knews.kathimerini.com.cy/en/news/party-rape-suspect-acquitted-after-prosecutor-blunder
A young man was acquitted of rape charges last week after a Limassol court raised doubt over lack of consent by the female accuser, who woke up dizzy and naked on the bed of a rental property after a fraternity party...
https://knews.kathimerini.com.cy/en/business/nicosia-attracts-millions-in-investment-opportunities
A new investment exceeding 60 million euros is currently in the study phase, focusing on the development of a strategically positioned plot in Nicosia. ...
https://knews.kathimerini.com.cy/en/news/us-hails-cyprus-for-its-efforts-in-combating-human-trafficking
The Government of the Republic of Cyprus has been recognized for its serious and sustained efforts in combating human trafficking, according to the annual report released by the U.S. State Department. ...
