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421. Are we in a real estate bubble?

The real estate market has been steadily rising since 2015, marking the ninth consecutive year of growth in the sector. However, this broad trend has not been without fluctuations, particularly influenced by the economic disruptions of the pandemic era. Monthly analyses of transaction numbers and volumes from this platform illustrate these ups and downs....

422. Polis Chrysochous plans industrial zone, €141M investment

The municipality of Polis Chrysochous is set to undergo a transformative development phase with planned projects totaling €141 million over the coming years, as announced by Mayor Yiotos Papachristofis. ...

423. Wizz Air celebrates 8M passengers milestone at Larnaca airport

Wizz Air, the most sustainable airline globally*, is delighted to announce a significant milestone at Larnaka International Airport, with the airline reaching 8 million passengers traveling to and from Larnaka International Airport since commencing operations in Cyprus....

424. Cyprus and Greece commit to Eastern Med security

Defence Minister Vasilis Palmas stressed the joint commitment of Cyprus and Greece to make every possible effort to maintain peace, security, stability and cooperation in the Eastern Mediterranean......

425. Trump chooses JD Vance as Vice President for 2024

Donald Trump announced Sen. JD Vance of Ohio as his vice-presidential running mate on Monday, marking the start of the Republican National Convention....

426. Gunman acted alone in Trump rally attack, FBI says

A 20-year-old man who attempted to assassinate former President Donald Trump at a rally on Saturday first drew attention from law enforcement when spectators noticed him acting strangely outside the event....

427. $230 million humanitarian aid pier to be dismantled

U.S. officials announced Thursday that the man-made pier intended to facilitate the delivery of humanitarian aid to Gaza will be dismantled due to persistent operational challenges....

428. Cyprus boomed in 2022 with more jobs and better services

Cyprus saw a widespread boost in economic activity last year, according to the latest Services and Transport Survey by Cyprus' statistical agency....

429. Hidden threat: Trifluoroethanoic acid found in European drinking water

A recent study has uncovered a concerning issue in Europe's drinking water: the presence of trifluoroethanoic acid (TFA), a chemical that current tests don't detect. The study, conducted by PAN Europe, found TFA in tap water and bottled mineral water across several European countries....

430. Real estate investment opportunities by AstroBank in Paphos, Famagusta and Nicosia

Astrobank has listed for sale residential plots in Strovolos, in the GSP area, and other properties in Paphos, Famagusta and Nicosia that are ideal investment opportunities....

431. No progress on Cyprus-Greece electricity interconnection project

No progress was made on the Cyprus side's position regarding the Crete-Cyprus electricity interconnection project during yesterday's teleconference, initiated by the European Commission and involving stakeholders from Greece and Cyprus....

432. Murder investigation heats up, land deal at heart of Mykonos feud

The murder of topographer Panagiotis Stathis in Psychiko has cast a fresh spotlight on a contentious plot of land in Mykonos, believed to be the epicenter of a bitter dispute between Stathis and a local businessman....

433. Tatar calls for occupied North to be included in the EU

The Cyprus government has firmly rejected recent statements by Turkish Cypriot leader Ersin Tatar advocating for a two-state solution and the inclusion of the Turkish-occupied northern region of Cyprus in the European Union....

434. Cyprus leads EU in home sales by 31%

Home sales in Cyprus surged by 31% in 2023 compared to the previous year, the highest increase among European Union countries, according to data released by Eurostat, the EU's statistical service....

435. Greek Police reopen mafia case files after engineer's execution in Athens

In the wake of last week’s brutal execution of 54-year-old engineer Panagiotis Stathis who was gunned down outside his Athens office in Psychiko, ...

436. Mayor leads effort to beautify Kato Paphos tourist area

Mayor Phaedon Phaedonos of Paphos has taken a hands-on approach to enhance the aesthetic appeal of the city's popular tourist area, Kato Paphos....

437. Health Minister awaits decision on convicted doctor's return

Health Minister Michael Damianos stated that the Disciplinary Council of the Pancyprian Medical Association (PMA) must complete its procedures before further action can be taken regarding a doctor convicted of indecent assault....

438. Court detains suspect in Metamax pyramid scheme

A 54-year-old man arrested in connection with the ''pyramid'' fraud scheme known as Metamax has been ordered detained for eight days by the Limassol District Court, according to proceedings held on Saturday, July 6th. ...

439. Mallias Winery: Reviving Cyprus's ancient grape varieties

In the 1990s, Mallias Winery, originally established by KEO in 1927, played a pivotal role in redefining Cypriot wine by rescuing indigenous grape varieties on the brink of extinction....

440. Cyprus President meets business leaders on HR, energy, and tax

441. Government submits bill to join U.S. visa waiver program

The Cyprus government submitted a bill to the House of Representatives plenary on Thursday, aiming to fulfill the necessary preconditions for the Republic of Cyprus to join the United States Visa Waiver Program....

442. Fikardos Winery: Crafting award-winning Cypriot wines

443. Cyprus’ Lidl Kids Team Cyprus experienced the UEFA EURO 2024TM in Munich

As the Official Partner of UEFA EURO 2024TM and as part of the Lidl Kids Team programme, Lidl offered children from all over Europe the opportunity to be a Player Escort at the top summer football tournament, which this year takes place in Germany....

444. Cyprus risks losing €657M EU grant for Interconnector project, says Energy Minister

Energy Minister George Papanastasiou expressed concerns over the potential withdrawal of a €657 million subsidy by the European Commission for the electricity interconnection project between Cyprus and Greece......

445. Reflect Festival highlights traffic and housing challenges in Limassol

The recent Reflect Festival brought forth crucial discussions on pivotal issues affecting Limassol, prominently featuring traffic congestion and housing shortages as central topics. ...

446. Politico: Is Brexit's peak over? UK faces calls to rejoin EU

British voters are gearing up for their first post-EU general election this Thursday, marking a significant milestone since Brexit....

447. Real estate investment opportunities by AstroBank

AstroBank has listed for sale a commercial property consisting of three shops in Larnaca as well as residential and agricultural real estate ideal for investment in Larnaca, Paphos, and Famagusta....

448. Ygea Farm receives accolade for organic egg production

George Konstantinides established Ygea Farm two decades ago in the fertile meadows just outside Mathiatis. ...

449. ECB concerned over Cypriot bank profit tax proposal

In 2023, Cypriot banks reported unprecedented profits, marking a 15-year high, with projections suggesting even greater earnings in 2024....

450. Fitch elevates Hellenic Bank’s credit rating

Fitch Ratings has upgraded Hellenic Bank's Long-Term Issuer Default Rating (IDR) to 'BBB-' from 'BB+', with stable outlook and its Viability Rating (VR) to 'bbb-' from 'bb+'. ...