https://knews.kathimerini.com.cy/en/news/inflation-sees-downward-trend-for-7th-month-in-a-row
The cost of living in Cyprus has decreased for the seventh month in a row, with the rate of inflation dropping to 6.7% in February. This is down from a peak of 10.6% in July 2022. ...
https://knews.kathimerini.com.cy/en/business/mep-s-pass-bill-banning-home-sales-or-rentals-without-energy-upgrade
All properties available for sale or rent must incur compulsory energy upgrade costs, costing tens of thousands of euros, from 2030 onward, based on what is stated in the relevant European Union directive....
https://knews.kathimerini.com.cy/en/news/1-300-loan-applications-submitted-for-oikia-scheme
Applications for 1,318 potentially eligible loans involving a total amount of €131.1 million were submitted under the Oikia scheme, which is a loan management plan with government funds granted under Government Housing Plans....
https://knews.kathimerini.com.cy/en/news/hate-speech-rampant-in-cyprus-despite-progress
Hate speech affecting several groups remains widespread in the Cypriot public discourse, the European Commission against Racism and Intolerance (ECRI) said on Tuesday in a report on Cyprus. ...
https://knews.kathimerini.com.cy/en/news/lower-deposit-and-mortgage-interest-rates
The interest rates for household deposits and housing loans slightly decreased in January, while interest rates for non-financial corporations increased, according to data published by the Central Bank of Cyprus on Friday. These statistics are included in the February 2023 Monetary and Financial Statistics edition....
https://knews.kathimerini.com.cy/en/news/turkey-pushes-on-rebuilding-as-death-toll-nears-50-000
Turkey has stepped up plans to house victims of the devastating earthquake which struck its border region with Syria, the interior minister said, as the combined death toll in the two countries crept toward 50,000....
https://knews.kathimerini.com.cy/en/business/bank-of-cyprus-71-million-in-profits-in-2022
Bank of Cyprus' profit for 2022 was 71 million euros, up from 30 million euros in 2021....
https://knews.kathimerini.com.cy/en/news/the-issues-affecting-young-people-in-rural-areas
The public debate with young people living in rural areas is quite constructive because dialogue brings to light several issues that local authorities may be unaware of....
https://knews.kathimerini.com.cy/en/news/pwc- 5-2-billion-in-real-estate-transactions in-2022
Transaction volumes in the real estate and land development sector have surpassed those of 2019. According to the most recent PwC Cyprus publication, the total value of transactions in 2022 will reach €5.2 billion,...
https://knews.kathimerini.com.cy/en/business/paphos-over-15-million-euros-in-foreign-investment-in-2022
According to the Paphos Chamber of Commerce and Industry, foreign investment in the city has surpassed €15 million.
...
https://knews.kathimerini.com.cy/en/news/the-demand-for-new-homes-is-dwindling
The large investments and development projects mentioned by Minister of Transport and Works Yannis Karousos in his ministry's recent project presentation may have kept the construction and real estate sector afloat until 2022, but the industry still faces challenges....
https://knews.kathimerini.com.cy/en/comment/opinion/migration-nikos-christodoulides-can-and-wants-to-deal-with-it
One of the biggest and most serious problems Cyprus faces now, and one of the biggest challenges, is the issue of migration. Our country must deal with disproportionate flows of migrants, both in relation to its size and resources and in relation to its population....
https://knews.kathimerini.com.cy/en/news/new-zealand-s-youngest-prime-minister-resigns
New Zealand Prime Minister Jacinda Ardern announced in an emotional press briefing that she will step down, saying 'it's time'....
https://knews.kathimerini.com.cy/en/news/kadis-akamas-local-plan-to-be-implemented-before-the-elections
Today's Council of Ministers meeting will address the local plan for Akamas. An issue that remains a source of contention between the Ministries of Interior and Agriculture,...
https://knews.kathimerini.com.cy/en/news/china-s-population-shrinks-for-first-time-in-60-years
China's population fell last year for the first time in six decades, a historic turn that is expected to mark the start of a long period of decline in its citizen numbers with profound implications for its economy and the world....
https://knews.kathimerini.com.cy/en/news/housing-water-and-energy-take-up-25-of-eu-household-expenses
In 2021, ‘Housing, water, electricity, gas and other fuels’ represented a quarter (25.0%) of EU household expenditure and 17.1% of household expenditure in Cyprus, according to Eurostat, the statistic service of the EU....
https://knews.kathimerini.com.cy/en/comment/opinion/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....
https://knews.kathimerini.com.cy/en/news/man-dies-in-latchia-after-brawl-incident
Three people were arrested on Wednesday in connection with a death in Latchia, where a man reportedly told police officers moments before he passed away that he had been attacked earlier...
https://knews.kathimerini.com.cy/en/news/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. ...
https://knews.kathimerini.com.cy/en/comment/opinion/nikos-christodoulides-program-for-the-next-five-years
Cypriots will go to the polls on February 5 to elect the 8th President of the Republic. The campaign began very early compared to previous elections and will intensify during the remaining few weeks. ...
https://knews.kathimerini.com.cy/en/news/1-100-euro-rental-cap-on-thousands-of-homes-in-the-netherlands
The Dutch government will impose limits on rents for more than 300,000 homes in order to provide affordable housing in the face of a shortage in the country's housing problem....
https://knews.kathimerini.com.cy/en/business/fewer-building-permits-were-registered-in-september-down-from-august
Building permits issued in Cyprus in September marked a new annual reduction with the construction sector negatively affected by spikes in construction costs, amid uncertainty generated by the war in Ukraine....
https://knews.kathimerini.com.cy/en/news/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. ...
https://knews.kathimerini.com.cy/en/business/€36-million-loss-so-far-reported-by-banks-this-year
The banking system reported a loss after tax of €36 million on a consolidated basis in the first nine months of 2022, compared to a profit of €22.54 million in the corresponding period of 2021....
https://knews.kathimerini.com.cy/en/news/k-poll-the-race-for-second-place-graphics
We are in the crucial final sixty days before the elections, and everything points to a sensational thriller, a fierce battle for the coveted second place....
https://knews.kathimerini.com.cy/en/news/unaccompanied-minors-are-on-the-rise
Managing the exponentially increasing number of unaccompanied minors or unaccompanied alien children (UAC) is a problem that must be solved by the government in collaboration with NGOs and other relevant actors....
https://knews.kathimerini.com.cy/en/news/candidates-continue-their-quest-for-votes-as-elections-draw-near
The pre-election campaign of the candidates for February's 2023 Presidential elections continued over the weekend with meetings and contacts in cities and communities on the island and abroad....
https://knews.kathimerini.com.cy/en/business/small-number-of-banks-meeting-new-loan-demand
The net demand for loans from businesses in Cyprus decreased in the third quarter of 2022, and banks anticipate a similar decline in the net demand for loans from businesses and households in all loan categories in the fourth quarter of 2022 compared to the third quarter.
...
https://knews.kathimerini.com.cy/en/news/homelessness-on-the-streets-of-the-capital-photos
Citizens in the heart of the capital are faced with a depressing sight. The image of two homeless people, a father and son, whose story is well known among the locals, sleeping on the streets of Makarios Ave....
https://knews.kathimerini.com.cy/en/news/indonesia-quake-252-dead-including-many-children
Many children were killed in an earthquake in Indonesia when their schools collapsed, officials said on Tuesday, as rescuers raced to reach people trapped in rubble in a devastated town on Java island....
