https://knews.kathimerini.com.cy/en/news/economic-sentiment improved-in-february
Economic sentiment improved in February, with the Economic Sentiment Index (ESI) rising by 1.9 points compared to January....
https://knews.kathimerini.com.cy/en/comment/opinion/thinking-of-investing-in-real-estate-don-t-do-it
A lack of financial literacy can lead people to consider investing in direct real estate. This a provocative statement to say the least, so let me explain....
https://knews.kathimerini.com.cy/en/news/building-materials-at-their-highest-since-1986
The Price Index of Construction Materials for January 2023 reached 136.01 units (base year 2015=100), recording an increase of 12.25% compared to the same month of the previous year, according to data published by the Statistical Service on Friday....
https://knews.kathimerini.com.cy/en/news/turkey-orders-arrests-over-collapsed-buildings-in-earthquake
Turkey vowed on Sunday to investigate thoroughly anyone suspected of responsibility for the collapse of buildings in the country's devastating earthquakes nearly one week ago and has already ordered the detention of 113 suspects...
https://knews.kathimerini.com.cy/en/news/apartment-prices-continued-its-upward-momentum-in-q4-2022
Apartments continued to drive the rising real estate prices in the fourth quarter of 2022, data published by the Aks WiRE Index show....
https://knews.kathimerini.com.cy/en/news/death-toll-surpasses-11-000-as-erdogan-visits-quake-ravaged-areas
President Recep Tayyip Erdoğan has visited the region of southern Turkey devastated by this week’s earthquake as the death toll rose above 11,000 and acknowledged that his government faced problems getting aid to victims....
https://knews.kathimerini.com.cy/en/news/half-a-billion-euro-investment-in-digital-transformation
Over the next five years, a little more than half a billion euros (€512 million) will be set aside for digital transformation. ...
https://knews.kathimerini.com.cy/en/news/cbc-household-debt-at-77-of-gdp
The household debt ratio stood at 77% of the Gross Domestic Product (GDP) at the end of September 2022, marking a slight decrease compared to the previous quarter, due to the increase in GDP, according to data published by the Central Bank of Cyprus on its website on Tuesday, in the "Quarterly Financial Accounts" edition, for the reporting quarter ending September 2022. ...
https://knews.kathimerini.com.cy/en/news/terracotta-roof-tiles-that-act-as-invisible-solar-panels
In the historic Italian city of Vicenza, Veneto, a typically-Italian family business of artisans is handmaking not-so-typical solar panels....
https://knews.kathimerini.com.cy/en/business/banks-are-revising-lending-rates
Cypriot banks are preparing new loan rates in an effort to redesign the pricing of loans. In the first half of 2023, Cypriot banks will see significant changes in the pricing of new loans, accompanied by increases in interest rates, ...
https://knews.kathimerini.com.cy/en/news/school-exams-rescheduled-to-accommodate-major-strike
Unionized teachers in the Republic of Cyprus have secured a time change for school exams on Thursday so that members can take part in a major strike to demand restoration of pre-crisis wage indexation mechanisms for union workers...
https://knews.kathimerini.com.cy/en/business/construction-materials-at-their-highest-costs-in-2022
Construction material prices historically reached their highest level in 2022, surpassing the previous record set in 2021, with prices increasing by more than 11% year on year in December alone....
https://knews.kathimerini.com.cy/en/news/cyprus-banks-vulnerabilities-remain-despite-progress-says-ssm
Cypriot banks have made progress, according to a report by the Single Supervisory Mechanism (SSM), but there are still many issues. ...
https://knews.kathimerini.com.cy/en/news/home-prices-increased-5-3-in-3rd-quarter-of-2022
The House Price Index for the third quarter of 2022 registered an annual increase of 5.3% to 112.51 points, according to a preliminary estimate published by the Statistics Office on Tuesday....
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/business/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 ...
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/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,...
https://knews.kathimerini.com.cy/en/news/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....
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/prices-of-basic-consumer-goods-fluctuating-wildly
The average retail price levels in effect on December 7, 2022, compared to November 9, 2022, show that prices for basic consumer goods are staggering....
https://knews.kathimerini.com.cy/en/business/insurance-premiums-expected-to-rise-slightly
Inflation-related losses are also occurring for general insurance policies. Cyprus' insurance policies will specifically follow the broad pattern of other nations and other international insurance companies,...
https://knews.kathimerini.com.cy/en/business/work-life-balance-of-european-women-worse-after-covid-outbreak
European women’s work-life balance has worsened since the start of the Covid-19 pandemic in 2020, a European Institute for Gender Equality (EIGE) report shows....
https://knews.kathimerini.com.cy/en/business/fuel-price-cuts-have-begun
Following a month of price volatility, the Cypriot market should see a reduction in the cost of motor and heating fuels in the coming days....
https://knews.kathimerini.com.cy/en/business/world-s-largest-crypto-exchange-platform-to-set-up-shop-in-cyprus
The FTX bankruptcy scandal a few weeks ago rocked the entire crypto world to its core, after its founder Sam Bankman-Fried, the "wonderboy" of the crypto trading world,...
https://knews.kathimerini.com.cy/en/business/cyta-expects-€400-million-in-revenue-this-year
Deputy Chairman of the Committee Chrysis Pantelides told CYTA after discussing the organization's budget for 2023 that CYTA is a very good example of a profitable and robust semi-governmental organization that should remain in the ownership of the state so that the public and society at large reap these important benefits....
https://knews.kathimerini.com.cy/en/business/slower-economic-growth-expected-towards-end-of-year
The Cypriot economy is expected to slow down towards the end of 2022 after growing steadily during the first half of the year, according to the chapter on Cyprus from the European Commission’s Autumn 2022 Economic Forecast which was presented on Friday by Commissioner for the Economy Paolo Gentiloni....
https://knews.kathimerini.com.cy/en/business/november-newsletter-of-k-treppides-co-ltd-european-banking-authority
A new issue is out from the newsletter by K. Treppides & Co Ltd, a leader in the field of auditing and accounting services with offices in three countries....
https://knews.kathimerini.com.cy/en/comment/opinion/op-ed-why-inequality-is-growing-in-the-us-and-around-the-world
U.S. income inequality grew in 2021 for the first time in a decade, according to data the Census Bureau released in September 2022....
https://knews.kathimerini.com.cy/en/news/pakistan-assassination-attempt-on-former-pm-imran-khan-video
Imran Khan, Pakistan's former prime minister, has been shot. According to international media, the assassination attempt occurred during a protest march in Islamabad....
