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
Wolt responds to their delivery personnel strike The issue of the company's controversial operational framework will be revisited and debated by Parliamentary again in 2023 ... Maria Eracleous 15/12/2022 | BUSINESS
Unemployment rises to 6.8% in third quarter of 2022 The number of unemployed persons amounted to 32,868 in Q3 of 2022, compared with 31,355 persons in Q3 of 2021. Source: CNA 15/12/2022 | BUSINESS
Over 800 civil weddings performed in Pegeia this year An increase of 25% over the previous year Source: CNA 15/12/2022 | BUSINESS
KEDIPES disburses another €80 million to the state This is the fourth cash payment for the year 2022 which has totaled €310 million this year Source: CNA 15/12/2022 | BUSINESS
Aretaeio Hospital has been purchased by Hellenic Healthcare Group Hellenic Healthcare Group announced today that it has completed its acquisition of Aretaeio Hospital 14/12/2022 | BUSINESS
Cyprus retail sector continues climb despite inflation Credit card purchases increased in almost all categories in the first 11 months of 2022, indicating optimism for better ... Maria Eracleous 14/12/2022 | BUSINESS
Gatzke-Hellenic relations have returned to normal Currently, Gatzke and the bank want to complete the remainder of his contract Panayiotis Rougalas 14/12/2022 | BUSINESS
Fewer building permits were registered in September, down from August Building permits are a leading indicator of future activity in the construction sector Source: CNA 14/12/2022 | BUSINESS
Cyprus could become a year-round tourist destination by 2030 The country has the capability to be one of the top 30 destinations in the world, according to Deputy Minister of Tourism, ... Source: CNA 13/12/2022 | BUSINESS
€36 million loss so far reported by banks this year Interest income reported by Cyprus banks remained unchanged compared to the same period last year Source: CNA 13/12/2022 | BUSINESS
