ECONOMY Eurostat data show the island has the EU’s lowest overcrowding and most affordable housing, even as prices soar elsewhere. Photo credit: Unsplash Cyprus defies Europe’s housing crisis with spacious homes and low costs Martha Kehagias Cyprus ranks at, or near, the extremes of several key housing indicators, often outperforming the EU average and even many comparable Mediterranean countries. READ MORE
Tesla drastically lowers EV pricing in the US and Europe The Model Y Long Range sees a huge $20,500 drop including the Federal Tax Credit. 13/01/2023 | BUSINESS
Funds are investing in Cypriot banks They have been eyeing the country's credit institutions for the last five years because their shares are cheap Panayiotis Rougalas 11/01/2023 | BUSINESS
Exports of halloumi at 1.34 billion over the last 5 years €227 million was recorded in the first 9 months of 2022 making it a record year for halloumi exports Maria Eracleous 11/01/2023 | BUSINESS
Dispute resolution services a more cost effective way to resolve issues Disputes between consumers and businesses are usually resolved within 90 days at a lesser cost 10/01/2023 | BUSINESS
WhatsApp given green light to sue Pegasus spyware company The US's top court is allowing WhatsApp to pursue a lawsuit against Israel's NSO Group, the creators of the Pegasus spy ... Source: Reuters 10/01/2023 | BUSINESS
Rolls Royce cruises to record sales thanks to ongoing luxury demand Even pre-orders for its fully-electric Spectre, due to go on sale at the end of 2023, had exceeded all of its expectations. ... Source: Reuters 09/01/2023 | BUSINESS
NPL's decreased by €32 million to €2.69 billion in October 2022 Household or non-commercial NPL's decreased by €6 million, to €1.35 billion Source: CNA 09/01/2023 | BUSINESS
Amazon to layoff 18,000 employees The cuts amount to 6% of Amazon's roughly 300,000-person corporate workforce Source: Reuters 05/01/2023 | BUSINESS
The plan to bring in more German tourists Response from travel agencies to 'K'-There are prospects, but demand lags behind other destinations Maria Eracleous 04/01/2023 | BUSINESS
