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
'Nightmare' scenario for Europe as Russia shuts off gas pipeline Russia claims it shut down the Nordstream 1 pipeline for maintenance but would re-open it in 10 days 12/07/2022 | BUSINESS
Exness supports technology education in Cyprus through Robotex Platinum sponsorship 07/07/2022 | BUSINESS
Investors react positively to Johnson's resignation The British pound jumped 0.5 percent against the dollar, from $1.193 to $1.199 07/07/2022 | BUSINESS
Cattle class no more thanks to Air New Zealand's 'Skynest' In a world’s first, Air New Zealand has introduced ‘sleep pods’ for economy class passengers to rest for four hours at a ... 06/07/2022 | BUSINESS
A total of €362.9 million euros in new loans recorded in May Mortgage interest rates increased to 2.28%, the highest it has been in nearly three and a half years Source: CNA 06/07/2022 | BUSINESS
Unemployment down 53.8% from last year, but up 16.5% from last month The discrepancy in the number of registered unemployed is due to seasonal variations mainly in the accommodation and food ... Source: CNA 05/07/2022 | BUSINESS
Employee influence grows: 43% set to quit jobs for better pay, career opportunities and flexibility 05/07/2022 | BUSINESS
Bank of Cyprus offering voluntary retirement plans for up to 600 employees Redundancies will be imposed if voluntary retirment plan not accepted Panayiotis Rougalas 04/07/2022 | BUSINESS
Alphamega Hypermarkets: More deliveries in less time Coverage of island-wide online deliveries has been expanded 04/07/2022 | BUSINESS
Average gross earnings increased by 6.8% in Q1 of 2022 Male employees still earned substantially more than female employees Source: CNA 29/06/2022 | BUSINESS
