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
Construction materials up by 21.81% in May 2022 A recorded increase of 0.28% compared to the previous month Source: CNA 20/06/2022 | BUSINESS
Bank of Cyprus Drives Sustainable Digital Innovation in Financial Services with Kyndryl The Bank inks Kyndryl for an extended managed services agreement through 2027. 20/06/2022 | BUSINESS
RCB finalizes sale of its loan portfolio to Hellenic The sale not only covers all depositors but leaves RCB with a surplus to use in its daily operations Source: CNA 20/06/2022 | BUSINESS
Cyprus to Greece ferry link launches with great fanfare [VIDEO] The President and various other Ministers and MP's toured the boat and its facilities Source: CNA 20/06/2022 | BUSINESS
Consulco brought together London and Limassol The comparative advantages of the two cities were presented yesterday during Consulco’s hybrid conference. 19/06/2022 | BUSINESS
'Batterygate': Millions of iPhone users could receive compensation The company is accused of deliberately slowing down the performance of older iPhone devices with a tool that is supposed ... Source: BBC 17/06/2022 | BUSINESS
Spanish airline Air Nostrum has just ordered a fleet of airships Air Nostrum President Carlos Bertomeu said that the airships will help his company toward the European Union's "Fit for ... Source: CNN 17/06/2022 | BUSINESS
The end of an era as Revlon files for bankruptcy The US cosmetics group has been plagued by supply chain woes and competition struggles 17/06/2022 | BUSINESS
The 15 branches of Bank of Cyprus that are closing The restructuring plan is set to move forward by July 4 - There will be 60 branches left and a reduced number of ATM's Panayiotis Rougalas 15/06/2022 | BUSINESS