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1381. Looking ahead to 2023: House prices in Cyprus

The end of 2021 saw Europe’s and Cyprus’ economies gradually recovering from the two-year rollercoaster ride of lockdowns, the stock market at record highs, and inflation increasing....

1382. Trendsetter company buys Cyprus’ most expensive property

The most expensive piece of real estate in Cyprus is off the market, following news that a global trading platform will buy the stunning beachfront property after a decade-long presence on the island...

1383. Leaked UN report on Cyprus raises eyebrows

A draft report by the UN Secretary General on the peacekeeping force in divided Cyprus has been leaked to Greek Cypriot media, prompting political pundits to point to bleak and candid references to a host of divisive issues including...

1384. The 2023 investment chessboard

Today's data is completely different from what it was a year ago in terms of investment....

1385. The properties 'threatened' by the Pedieos River

There have been numerous occasions in recent years when the Pedieos River's overflow has resulted in serious issues. ...

1386. Where you can't go in 2023 and why

Travelers from all over the world are expected to take their vengeance for two years in prison in 2023, as they can now take their dream vacation to any part of the world they want, with no restrictions....

1387. Cypriot transport minister vows to fix traffic

Transport Minister Yiannis Karousos says the traffic congestion problem in Cyprus can be significantly addressed or even resolved with the implementation of a plan involving various measures and initiatives...

1388. China opens first consulate general in Iran

China's Consulate General in Bandar Abbas was officially opened on Wednesday in the capital of Hormuzgan Province on the southern coast of Iran, marking the establishment of China's first consulate general in Iran....

1389. EY Cyprus organised the 2nd Annual Corporate Reporting Insights event

EY Cyprus organised the 2nd Annual Corporate Reporting Insights event held on 16 December 2022, at Lemon Park Nicosia, with the participation of senior executives from Cypriot and multinational corporations. The event focused on the major shift underway in recent years, as emphasis moves from financial to corporate reporting. ...

1390. The fierce battle for second place

1391. Russians flying to Cyprus get 'next best thing'

Moscow and Nicosia are growing further apart on travel between the two countries, prompting Russians living on both sides of the divided island to look for new routes through Turkey after rumors of direct flights in the north subsided due to the Cyprus Problem...

1392. Eva Kaili: From city council to city prison

1393. Finance Ministry: 'Cyprus economy will not enter a recession'

There will be a significant slowdown in economic activity next year, we will be affected by increased energy prices and borrowing costs, but "inflation in Cyprus is being reined in at lower levels" compared to other European member states, ...

1394. The fall

The tale of Eva Kaili is a metaphor for the glitzy, quick ascent to power in politics and the ultimate fall from grace brought on by dishonesty. After all, a corrupt politician is one who has been bribed by the state or a private individual....

1395. Calculating tax revenue for the passport program is challenging

It is impossible to estimate and link the amount of government revenue from the CIP to the individuals covered by it....

1396. Grant Johnson: City of Dreams Mediterranean will be the game changer for Cyprus’ hospitality industry

The multi-themed City of Dreams Mediterranean resort in Limassol, which will include a luxury hotel, casino, entertainment and sports facilities, adventure park, shops and restaurants, among others, will begin operations in the second quarter of 2023. Grant Johnson, the General Manager of COD analyzes what exactly the City of Dreams Mediterranean will be, what it will offer to the tourism product of Cyprus, how it will strengthen the country's economy and its position as a popular tourist destination and at the same time he analyzes how this project will have significant benefits for the local community and its people. ...

1397. Missing link in Qatargate broached in Cyprus

A lawmaker and transparency advocate in Cyprus is calling on a Cypriot MEP to clarify earlier comments about his Greek colleague Eva Kaili, who remains in custody in connection with a corruption probe in the European parliament...

1398. Boris Becker released from UK jail, will be deported

Former Wimbledon champion Boris Becker has been released from jail today and will be deported from the UK, according to the PA news agency....

1399. KEDIPES disburses another €80 million to the state

The Board of Directors of the state-owned asset manager, KEDIPES, has decided to disburse another €80 million to state coffers for the fourth quarter of this year, with the amount paid to the state in 2022 reaching €310 million....

1400. Aretaeio Hospital has been purchased by Hellenic Healthcare Group

Hellenic Healthcare Group has completed its acquisition of Aretaeio Medical Center Ltd....

1401. The Louvre, the British Museum, and now the New Cyprus Museum (photos - video)

Work on the New Cyprus Museum will begin in January 2023, and the project is expected to take 42 months to complete, with completion scheduled for mid-2026. ...

1402. Cyprus could become a year-round tourist destination by 2030

The ultimate goal of the National Tourism Strategy 2030 is to establish Cyprus as an all-season, high-quality, digitally intelligent and accessible tourist destination, that respects the environment and channels the benefits of tourism across the island,...

1403. More than €1.5 million in cash seized from Kaili - Panzeri

More than €1.5 million in cash was seized from the homes of Eva Kaili and former MEP Pierre Antonio Panzeri in Brussels, according to Belgian police....

1404. Paphos Mayor honored at AUB Founder's Day celebration

On December 5, 2022, the American University of Beirut (AUB) in Beirut, Lebanon, celebrated Founders Day, an annual event in which the university community gathers to pay tribute to,...

1405. Solon Kassinis has died

Solon Kasinis, a former DISY MP, passed away today at the age of 70....

1406. November's real estate performance

The year is almost over, and we now have a good idea of how the real estate market performed in 2022. As we all know, the difficulties were and continue to be numerous....

1407. More EU Parliament offices raided in corruption probe

Belgian police conducted more raids at European Parliament offices Monday as the legislature’s president pledged to launch an internal investigation into corruption allegations and the bloc’s top official called for the creation of an EU-wide independent ethics body...

1408. Voter abstention levels concerning to electoral staff

Citizens will be called to the polls in less than two months to choose the eighth President of the Republic of Cyprus, with abstention rates reaching 23% - and potentially exceeding 30% - according to a poll conducted for Kathimerini by Symmetron Market Research....

1409. Is the drone base in Lefkoniko growing? (satellite image)

Three years ago today, in December 2019, Turkey publicly announced the first-ever permanent deployment of the TB-2 Bayraktar drone in the occupied territories. ...

1410. Sex education becomes law after President signs bill

Today, the President of the Republic went on to sign the sex education legislation that was approved by the Parliament....