ECONOMY Rental prices vary greatly by city, but market stability keeps rates from rising sharply. Photo credit: Unsplash Rental prices in Cyprus show dramatic divide: Limassol rents more than double those in Paphos and Larnaca Newsroom / CNA Rental prices across Cyprus have remained largely stable, balancing increased demand from students with new housing developments. READ MORE
Loan interest rates rise for a second consecutive month Loans for home purchases marked a marginal growth amounting to 2.56% in August from 2.55% in July Source: CNA 04/10/2022 | BUSINESS
Cyprus Airways: More capacity and destinations for the summer More than double capacity to key destinations for the summer of 2023 Source: CNA 04/10/2022 | BUSINESS
Global fintech market resilient in H1’22 - $107.8 billion in investment, according to KPMG’s Pulse of Fintech 03/10/2022 | BUSINESS
Majority of tourists visiting Cyprus are no longer Russian More tourists are visiting the island as individual travelers, not as part of a tour group, thereby spending more on their ... Maria Eracleous 28/09/2022 | BUSINESS
Permits granted for 7,000 highly skilled workers from 3rd countries The move is part of the government's plan to lure foreign tech companies into Cyprus Source: CNA 28/09/2022 | BUSINESS
Cypriot businesses face serious issues, but still expect to turn a profit Energy and raw material costs are the main concerns of businesses, OEB survey shows Maria Eracleous 28/09/2022 | BUSINESS
€100 increase in average gross monthly earnings in Q2 2022 Avergae gross monthly earnings in Cyprus have reached €2,081 compared to €1,982 in the second quarter of 2021 Source: CNA 28/09/2022 | BUSINESS
September Newsletter of K. Treppides & Co Ltd: European Securities and Markets Authority 27/09/2022 | BUSINESS
Forget Tokyo or L.A., this Czech Village is at the heart of the vinyl record revival The town has been making vinyl records despite the challenges of communism, the breakup of Czechoslovakia, the inventions ... 26/09/2022 | BUSINESS
