https://knews.kathimerini.com.cy/en/business/apartment-sales-in-nicosia-dominate-in-q2
In the second quarter of this year, Nicosia's property market showed a significant preference for apartments, offering insights into future housing trends, according to Ask Wire data....
https://knews.kathimerini.com.cy/en/news/venice-to-charge-€5-entry-fee-to-tackle-over-tourism
Venice will become the first city in the world to charge day-trippers an entry fee in a determined bid to curb mass tourism, its tourism chief announced yesterday....
https://knews.kathimerini.com.cy/en/news/viral-image-adds-intrigue-to-syrian-man-s-controversy
A 47-year-old Syrian man has captured headlines due to his public threats following the Chloraka incidents, sparking a whirlwind of responses....
https://knews.kathimerini.com.cy/en/news/akel-s-bold-demand-tax-bank-profits-to-power-people-s-pockets
The AKEL political party is urging the government to take immediate action to alleviate the financial strain on Cypriot households by taxing banks' surplus profits and redirecting the funds towards fuel and electricity subsidies....
https://knews.kathimerini.com.cy/en/news/government-offers-50-aid-for-homeownership-in-old-nicosia
The Ministry of Interior has announced the ongoing opportunity to apply for the Nicosia Within Walls City Housing Regeneration Scheme. ...
https://knews.kathimerini.com.cy/en/news/paphos-grants-honorary-citizenship-to-senator-menendez
In a distinguished ceremony held on August 25, 2023, at the grandeur of Paphos Town Hall, the Municipality of Paphos conferred the title of honorary citizen upon esteemed US Senator Robert Menendez....
https://knews.kathimerini.com.cy/en/news/tepco-plant-discharges-radioactive-water-into-pacific
Japan has begun discharging more than 1m tonnes of tainted water into the Pacific Ocean from the wrecked Fukushima Daiichi nuclear power plant in a move that has prompted China to announce an immediate blanket ban on all seafood imports from Japan and sparked anger in nearby fishing communities....
https://knews.kathimerini.com.cy/en/comment/opinion/apartment-sales-unveiled-province-by-province-price-insights
Today, we are launching a brief series of articles aimed at examining sales prices through a simple province-to-province comparison. Later in the article, we will expand this comparison to different time periods, in an attempt to capture any observed variations....
https://knews.kathimerini.com.cy/en/news/over-70-victims-of-maui-fires-identified
As the first victims of the fires that scorched Maui are identified by authorities and family members, an early pattern has emerged. Many who perished were over the age of 70....
https://knews.kathimerini.com.cy/en/news/cost-of-living-up-as-prices-show-increase-of-2-4-in-a-year
In an announcement on its official website, CyStat shared that the cost of living, or how much things cost, has gone up in Cyprus.
...
https://knews.kathimerini.com.cy/en/news/euroasia-interconnector-loan-denied-by-european-investment-bank
The European Investment Bank will not approve a loan for financing the electricity interconnection project between Cyprus, Greece, and Israel through the EuroAsia Interconnector, as confirmed by a representative from the EIB in an interview with "K" magazine....
https://knews.kathimerini.com.cy/en/news/record-surge-in-loan-renegotiations-amidst-rising-interest-rates
Loan renegotiation in the Cyprus banking system spiked to record levels in the first half of 2023, driven mainly by the repeated interest rate hikes by the European Central Bank (ECB) in its effort to tackle soaring inflation....
https://knews.kathimerini.com.cy/en/news/luxurious-residences-and-cutting-edge-offices-transform-nicosia-s-skyline
After being closed for two years, the Landmark Hotel, formerly known as the Hilton, is undergoing rapid renovation. The MHV Group, the owner, has provided an update indicating that the project is progressing swiftly according to the plan, ...
https://knews.kathimerini.com.cy/en/news/londoners-at-risk-as-average-rents-could-surge-to-£2-700-month-next-year
Average rental costs in London may soar to £2,700 per month next year, new figures from City Hall suggest....
https://knews.kathimerini.com.cy/en/news/cyprus-sees-population-surge-9-9-growth-in-a-decade
Cyprus' population recorded an increase of 9.9% in the period between 2011 and 2021, according to the preliminary results of the Census of Population and Housing 2021, published by the Statistical Service on Friday....
https://knews.kathimerini.com.cy/en/news/usa-nyc-grapples-with-migrant-crisis-as-hundreds-sleep-outside-roosevelt-hotel
Hundreds of migrants have been sleeping outside of Manhattan's Roosevelt Hotel for a second day in a row - as NYC Mayor Eric Adams said the crisis is 'not over.'...
https://knews.kathimerini.com.cy/en/business/corporate-loans-above-€1-million-surge
The net new loans (excluding restructurings) in Cyprus amounted to €1.73 billion in the first half of 2023, showing a slight annual increase of 1.26%. The continuous interest rate hikes by the European Central Bank significantly slowed down the granting of housing loans....
https://knews.kathimerini.com.cy/en/news/prices-of-homes-and-apartments-up-7-7-annually
The rise recorded in the housing market in Cyprus during the first quarter of 2023 was significant, as prices continued to increase, especially in apartments, mainly due to higher demand....
https://knews.kathimerini.com.cy/en/news/growing-up-in-refugee-camps
The painful experience of being violently uprooted, the worry about finding temporary shelter until they could return home, and the hardships faced in refugee camps – which turned into months and even years – are deeply etched in the memories and hearts of the refugees....
https://knews.kathimerini.com.cy/en/news/cyprus-banks-witness-€52-3b-growth
Deposits in the Cyprus banking system rose significantly in June totalling €52.3 billion, while liquidity in the banking system amounted to €27.2 billion....
https://knews.kathimerini.com.cy/en/business/4-building-land-for-sale-by-astrobank
AstroBank has listed building land for sale in the districts of Paphos, Nicosia and Larnaca....
https://knews.kathimerini.com.cy/en/news/fire-threatening-100-dogs-in-animal-shelter-in-yiolou
A fire broke out near the community of Yolou on Tuesday, endangering an animal shelter housing approximately 100 dogs. Citizens are now making desperate pleas for assistance to evacuate the area and save the vulnerable animals....
https://knews.kathimerini.com.cy/en/news/applications-open-for-rent-in-exchange-program
"The submission of applications for the 'Rent in Exchange for Installment' program will begin in October," said Ioanna Markidou, Chief Economist A' at the Ministry of Finance, in a statement to CNA....
https://knews.kathimerini.com.cy/en/comment/opinion/when-society-turns-a-blind-eye-to-homeless-foreigners
A few hours before expensive Lamborghinis and Ferraris, driven by wealthy "foreigners," start their ostentatious daily progress on the coastal road of Limassol, poor "foreigners" sleep on the sand, as long as it is still night, to become news in the morning from a well-known television station that they are "obstructing the work of local boat owners."...
https://knews.kathimerini.com.cy/en/news/relief-for-vulnerable-households-with-non-performing-loans
The ''Rent vs Instalment Scheme'' was approved by the Council of Ministers today, as announced by Government Spokesperson Konstantinos Letymbiotis following the conclusion of the Council. The European Commission's Directorate General for Competition also granted approval on July 6....
https://knews.kathimerini.com.cy/en/news/housing-sales-slow-due-to-inflation-and-construction-costs
The value of transactions in the real estate sector amounted to €1.52 billion in the second half of the year, with the market bearing the impact of the interest hikes, inflation and the increased construction cost....
https://knews.kathimerini.com.cy/en/news/loan-demand-in-cyprus-falls-interest-rates-rise
The Cypriot banking institutions are holding a small basket for demand in new loans....
https://knews.kathimerini.com.cy/en/news/cyprus-inflation-at-1-9
Inflation in Cyprus reached its lowest level in 25 months in June 2023 and stood at 1.9% on an annual basis, mainly due to the decline in food prices....
https://knews.kathimerini.com.cy/en/news/migrant-reception-center-in-kofinou-inaugurated-today
The inauguration of the first phase of construction works at the International Protection Applicant Reception Center in Kofinou, upgraded with the support of the European Asylum Agency (EUAA), took place today, conducted by the Minister of Interior, Konstantinos Ioannou, along with Nina Gregory, the Executive Director of EUAA, and Beate Gminder, Deputy Director-General in the Directorate-General for Internal Affairs of the EU....
https://knews.kathimerini.com.cy/en/news/cyprus-house-prices-on-the-rise-hpi-increases-5-9
House Price Index (HPI) recorded a 5.9% increase for the first quarter of 2023, marking its fifth consecutive quarterly growth compared to the same period in 2022, according to a preliminary estimate by the Statistical Service of Cyprus....
