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1561. 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....

1562. New loans up despite interest rate hike

Total new loans in November 2022 increased by €172.8m compared to the previous month, despite an increase in interest rates across all loan categories. ...

1563. Projects in excess of €48 million will begin in the first quarter of 2023

Projects worth more than €48 million will be tendered in the first quarter of the year under the Cyprus Tomorrow Plan, according to Government Spokesman Marios Pelekanos....

1564. Andreas Christou's disappearance is shrouded in mystery.

The disappearance of 35-year-old wanted man Andreas Christou in connection with the attempted murder committed on December 4 in Oroklini, during which a 42-year-old man and a 6-year-old child were injured, is shrouded in mystery....

1565. The 2023 investment chessboard

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

1566. What consumers should lookout for as January sales begin

The Ministry of Commerce is intensifying its market checks due to the January sales, especially in clothing and footwear stores. At the same time, consumers are urged to be informed of their rights and to be particularly careful about cases of misleading advertisements....

1567. 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....

1568. Pele, Brazilian legend of the beautiful game, dies

Pele, the legendary Brazilian soccer player who rose from barefoot poverty to become one of the greatest and best-known athletes in modern history, died on Thursday at the age of 82...

1569. Greeks and Turks square off over Aegean

US calls to deescalate tension in the Aegean fell on deaf ears as NATO allies Greece and Turkey continued to trade accusations during Christmas, with Ankara accusing Athens of harassing Turkish aircraft and the Greek prime minister talking about a troublemaker neighbor...

1570. EY Future Consumer Index: consumers opt for caution this holiday season

EY Future Consumer Index: consumers opt for caution this holiday season to cope with rising cost-of-living and environmental concerns, new data finds ...

1571. Belgian judge throws book at Eva Kaili

EU lawmaker Eva Kaili has been ordered to remain in custody for another month as investigations continue into corruption charges, with one of her lawyers suggesting prosecutors were ‘acting politically’ in the case...

1572. EC: 12 million euros for access to high-speed internet in Cypriot homes

European Commission approves 12 million euro Cypriot scheme to support household access to high-speed broadband services...

1573. Stolen 8th century BC jug returned to Cyprus

A Cypriot jug from the 8th century BC that was offered for sale on the Dutch art market, and which appeared to have been smuggled out of Cyprus shortly after the Turkish invasion of the island in July 1974, was recently returned to the Republic of Cyprus....

1574. Drug squad chief vindicated but not squeaky clean

An independent probe found no evidence of corruption against Cyprus’ drug squad chief, with the prison warden who accused him of illegal activities to undermine her demanding a transfer to another position...

1575. Lack of 'discounts' for the holiday table

This year's Christmas table is expected to be laden with delectable fare. This is a tool that supermarkets have enlisted in order to retain customers and possibly increase sales, even in times of inflation....

1576. Zelensky heads to Washington

Ukraine's President Volodymyr Zelensky says he is on his way to Washington, where he will meet US President Joe Biden on Wednesday....

1577. Electricity subsidies extended to February 2023

The Council of Ministers met yesterday under the chairmanship of the President of the Republic Mr. Nicos Anastasiades and approved the extension for two additional months of the measure concerning the subsidy by the State of part of the cost of electricity consumption...

1578. Predator probe focuses on suspicious SMS from US

Two Greek prosecutors investigating all allegations of illegal electronic surveillance of dozens of individuals in Greece have submitted a request to US authorities for judicial assistance...

1579. Wolt drivers to meet at Ministry of Labor to resolve issue

The Labor Disputes Division of the Department of Labor will host a meeting on Wednesday morning to resolve the working conditions and demands of Wolt distributors, who have been on strike since last Monday. ...

1580. Calls to protect vulnerable borrowers from interest rate hike

The Association for the Protection of Bank Borrowers (SYPRODAT) has accused the government of "complete apathy" in the development of support measures for vulnerable borrowers in the aftermath of the European Central Bank's (ECB) continuous increase in interest rates and amid conditions of unprecedented accuracy....

1581. Eva Kaili: From city council to city prison

1582. 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, ...

1583. 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....

1584. White House dazed over emails about Cypriot gas company

US President Joe Biden is expected to say whether he would challenge a decision by National Archives to release documents concerning his son’s role in a controversial gas company in Cyprus and allegations that business dealings may have improperly influenced American policy...

1585. The week that shook Brussels saw a police stakeout, piles of cash, and reform promises

The police had been waiting since dawn. Officers from the special unit of Belgium’s federal police gathered on Rue Wiertz, close to the European Parliament in Brussels. ...

1586. The Pope sends Parthenon pieces back to Greece (images)

As a 'testimony and sign of the desire to continue the ecumenical path of truth,' Pope Francis has decided to donate Parthenon fragments that were previously housed in Vatican museums....

1587. US donates lunar rock to Cyprus

Today the United States donated a lunar sample, mounted on a commemorative plaque, to the people of Cyprus. The sample was collected in December 1972 during the Apollo 17 mission to the Moon....

1588. 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....

1589. 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. ...

1590. Students most frequent internet users in Cyprus

Students are the group most frequently connected to the internet (99%), according to the results of the 2022 household information and communication technology usage survey, published by the Statistical Service on Thursday...