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
Non-PDO halloumi being sold off at deeply discounted prices With discounts on the retail price of the product, supermarkets are running to run out of stocks Maria Eracleous 14/09/2022 | BUSINESS
150% increase in foreign direct investment - 600% increase in the technology sector Cyprus goes up 50 places to 18th place in the Greenfield FDI Performance Index Source: CNA 09/09/2022 | BUSINESS
Could another war be on the horizon? Greece warns another European war could be possible as Turkey hints at the possibility of an invasion 09/09/2022 | BUSINESS
Greek government uses citizens to report tax evaders A citizen can be rewarded up to 10 times the amount of a penalty by using an app to check receipts Kathimerini Greece Newsroom 09/09/2022 | BUSINESS
XM Ranks 2nd in ‘Best Medium Workplaces’ for Top 2022 European Employers XM Ranks 2nd in Great Place to Work™ ‘Best Medium Workplaces’ List for Top 2022 European Employers 09/09/2022 | BUSINESS
ECB hikes up interest rates 75 basis points to 1.25% Such an aggressive move was only implemented for a few days in 1999 Source: Reuters 08/09/2022 | BUSINESS
Employment and working hours up compared to last year Employment rose by 1.9%, while working hours increase by 5.2% Source: CNA 07/09/2022 | BUSINESS
US-based Lone Star to revise offer for Bank Of Cyprus Bank of Cyprus' board of directors has turned down three take-over offers from Lone Star in its bid to take over the bank ... Source: CNA 07/09/2022 | BUSINESS
Banks imposing stricter lending standards Banks are more wary of the heightened geopolitical tensions and uncertainty in the global economic environment Source: CNA 06/09/2022 | BUSINESS
$600 SpaceX Starlink internet dish 'surprisingly good' despite outages According to RebelRoam's Tarvo Topolev who took the dish on a Greek sailing vacation 06/09/2022 | BUSINESS
