https://knews.kathimerini.com.cy/en/news/increase-of-property-supply-leads-to-decline-of-housing-prices
The increase in the property supply has contributed to a decline in prices in Cyprus in recent months, according to the latest figures reported by the Statistical Service of Cyprus (CyStat) this week....
https://knews.kathimerini.com.cy/en/business/property-sales-hit-14-year-high
Property sales in March, as measured by the number of sale contracts deposited at Land Registry offices, hit a 14-year high according to figures released by the Department of Lands and Surveys....
https://knews.kathimerini.com.cy/en/news/inflation-hits-historic-high-in-cyprus-reaching-7-1-in-march
Inflation in Cyprus soared to 7.1% in March 2022, continuing its upward trend for the twelfth consecutive month....
https://knews.kathimerini.com.cy/en/news/another-elderly-man-killed-in-moped-crash
Another elderly man on a moped was killed in collision near Xylofagou, with reports saying he was going the wrong way when he crashed into an oncoming traffic at a highway exit...
https://knews.kathimerini.com.cy/en/news/ukrainian-refugees-facing-high-rents-and-language-barriers
A new Call Center, that will provide comprehensive information to refugees from Ukraine regarding immigration, education, welfare and other relevant matters, will begin operating on Thursday, March 31, according to the Deputy Ministry of Research, Innovation and Digital Policy....
https://knews.kathimerini.com.cy/en/news/1-eu-releases-€3-4b-to-help-countries-accommodating-ukrainian-refugees
The European Union will release €3.4 billion in recovery funds to help countries absorb refugees from Ukraine fleeing the Russian invasion, the Commission said on Wednesday....
https://knews.kathimerini.com.cy/en/news/ministry-of-foreign-affairs-700-protection-applications-submitted-by-ukrainian-refugees-in-cyprus
About 700 refugees from Ukraine have applied for sanctuary in Cyprus, according to Minister of Interior Nicos Nouris. The Ministry of Interior has begun issuing residency cards for the applicants which will allow them to apply for work, avail of medical services, and procure housing and food....
https://knews.kathimerini.com.cy/en/news/tatar-varosha-has-become-a-well-known-brand
Varosha is one of the most valuable areas of the pseudo-state, Ersin Tatar said at a meeting with a delegation from the Varosha Unity and Solidarity Association....
https://knews.kathimerini.com.cy/en/news/cabinet-ukrainian-refugees-to-be-issued-temporary-protection-card
Proposals by a ministerial Committee on the handling of Ukrainian refugees were adopted by the Cabinet, on Tuesday, which includes the issuance of a "temporary protection card."...
https://knews.kathimerini.com.cy/en/news/fast-track-procedure-for-building-permits
More than 2,500 building permits have been issued under the new, fast-track procedure since it was implemented in October 2021, Interior Minister Nicos Nouris said on Saturday addressing the 29th General Assembly of the Cyprus Association of Civil Engineers....
https://knews.kathimerini.com.cy/en/news/averof-neofytou-promises-an-end-to-corruption-and-radical-education-reform
The Supreme Council of the ruling party Democratic Rally (DISY) unanimously ratified the candidacy of the party’s president Averof Neofytou for the Presidency of the Republic....
https://knews.kathimerini.com.cy/en/business/consulco-hosted-the-digital-event-uk-economy-and-real-estate-outlook
Consulco has successfully hosted the UK Economy and Real Estate Outlook event, along with four leading organization that have provided insights on the pressures the UK is facing today and their impact on key property markets. ...
https://knews.kathimerini.com.cy/en/news/refugees-from-ukraine-the-government-s-temporary-aid-package
An inter-ministerial committee that convened under the chairmanship of Interior Minister Nikos Nouris concluded with specific measures to host Ukrainian citizens in Cyprus who have fled their country due to the hostilities....
https://knews.kathimerini.com.cy/en/news/homes-for-ukraine-refugee-scheme-launches-in-uk
The government has launched its Homes for Ukraine site for those wanting to host a refugee, with 89,000 signing up within the first day....
https://knews.kathimerini.com.cy/en/news/people-around-the-world-are-booking-airbnbs-in-ukraine-but-they-don-t-plan-to-check-in
One of the social media influencers behind the Airbnb effort also has encouraged his followers to patronize Ukrainian merchants on Etsy but ask sellers not to ship any goods. Etsy has announced it's canceling the current balances and fees owed by all sellers in Ukraine....
https://knews.kathimerini.com.cy/en/news/at-least-five-oligarchs-have-bank-accounts-in-cypriot-banks
In Cyprus, five oligarchs from the EU list
What emerges from the investigations of Cypriot banks for the lists of the European Council which includes 50 persons...
https://knews.kathimerini.com.cy/en/news/cost-of-consumer-goods-and-services-climbs-to-the-highest-level-in-the-last-thirteen-years
Cyprus’ Harmonized Index of Consumer Prices in January 2022 increased by an annual 5%, climbing to the highest level of the last 13 years, mainly pushed by prices increases in energy and transport....
https://knews.kathimerini.com.cy/en/news/building-permits-up-by-15-9-in-first-eleven-months-of-2021
The building permits issued in Cyprus in the first eleven months of 2021 were up annually by 15.9%, data released by the Cyprus Statistical Service (CyStat) on Thursday show....
https://knews.kathimerini.com.cy/en/news/housing-projects-to-be-funded-from-casino-revenue
CLDC plans to build more than 800 housing units in the coming years, which will be allocated either through the affordable housing plan or through the new affordable rent plan for economically vulnerable households....
https://knews.kathimerini.com.cy/en/news/inflation-in-cyprus-spikes-to-an-annual-5-4-in-january
January 2022 recorded a spike in Cyprus inflation, rising to 5.4%. At the same time, the Consumer Price Index (CPI) decreased by 0.53 units falling to 104.57, compared to 105.10 in December 2021, according to the Statistical Service of the Republic of Cyprus....
https://knews.kathimerini.com.cy/en/business/can-banking-institutions-unilaterally-impose-new-policies-on-clients-with-housing-loan-agreements
I have recently been dealing with a case where a banking institution in Cyprus has requested from the client to either repay his housing loan earlier or transfer his loan to another bank. ...
https://knews.kathimerini.com.cy/en/news/flights-halted-and-cars-banned-as-snow-silences-istanbul
Flights were suspended for a second day at Istanbul Airport and private vehicles were barred from city streets on Tuesday, as heavy snowfall snarled traffic and left people stranded in Turkey's biggest city and across the country....
https://knews.kathimerini.com.cy/en/business/redevelopment-of-larnaca-port-and-marina-on-track-for-implementation-minister-says
The €1.2-billion project for the joint redevelopment of the Larnaca port and the Marina area is on track for implementation, Minister of Transport, Communications and Works, Yiannis Karousos, said on Wednesday....
https://knews.kathimerini.com.cy/en/business/building-permits-up-17-3-in-the-first-ten-months-of-2021
Building permits issued in the first ten months of 2021 increased 17.3%, in relation to the same period of 2020, according to data released Thursday by the Statistical Service of Cyprus. The total area increased by 3.1% but the total value dropped by 8.2%....
https://knews.kathimerini.com.cy/en/news/greek-labor-market-needs-skilled-workers
The local labor market will operate under new conditions in 2022, as the last couple of years has already seen the imposition of changes due to the pandemic....
https://knews.kathimerini.com.cy/en/news/seven-out-of-10-in-cyprus-and-the-eu-owned-their-home-in-2020
Almost 70% of the population of the European Union lived in a privately owned house, while about 30% lived in a rented house in 2020, according to data for 2020 published by Eurostat, the EU statistical office....
https://knews.kathimerini.com.cy/en/business/loan-restructurings-in-the-cyprus-reached-almost-€2-billion-due-to-covid
Loan restructurings in the Cypriot banking system edged close to €2 billion in the first ten months of 2021, marking the highest figure according to Central Bank of Cyprus (CBC) records which began in end-2014....
https://knews.kathimerini.com.cy/en/news/prices-of-consumer-goods-and-services-up-4-7-in-november
The Harmonized Index of Consumer Prices, which measures the changes over time in the prices of consumer goods and services acquired by households, increased by 4.7% in November 2021, compared to the index of November 2020....
https://knews.kathimerini.com.cy/en/news/get-vaccinated-and-you-may-win-a-flat
Officials in Moscow are making COVID vaccines more enticing. In an effort to speed up vaccination rates, authorities set up a housing lottery for those over 18 and already vaccinated....
https://knews.kathimerini.com.cy/en/news/rise-in-consumer-loans-and-housing-purchase-in-september
New consumer loans, mortgages and new loans above €1 million increased in September compared to the previous month of this year,...
