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61. Inflation fears and green investments

The European Central Bank (ECB) has revised its inflation forecast upward, now predicting that inflation will reach 5.6% in 2023 and 3.2% in 2024. ...

62. Violent clashes between tenants and property owners as rents spike 700%

A craftsman in Turkey, who has been diligently paying rent for two decades, now finds himself threatened with eviction due to an unexpected rent increase of nearly 700%. His monthly rent has surged from 3,200 Turkish lira (110 euros) to a staggering 25,000 lira (867 euros)....

63. Trump ''freaks out'' in response to fraud ruling

Soon after New York Judge Arthur Engoron found Donald Trump and his adult sons liable for fraud and canceled the Trump Organization’s business certification on Tuesday, the disgraced former president freaked out about it in a lengthy all-caps rant on Truth Social that he appeared to have originally written yesterday....

64. Foreign buyers flock to Cyprus real estate

Recent data on property sales in Cyprus reveal distinct trends in different provinces. Notably, the real estate landscape in Nicosia contrasts sharply with that of coastal provinces....

65. Eurobank to acquire Hellenic Financial Stability Fund stake

Eurobank Ergasias Services and Holdings S.A. has recently inked a conditional sale and purchase agreement with the Hellenic Financial Stability Fund. This agreement entails the acquisition of the Fund's entire stake in Eurobank's share capital....

66. Consulco’s London Credit Fund; Existing & New Investment Opportunities

67. Ministry on high alert as fuel prices soar globally

Constantinos Karagiorgis, Director of the Consumer Protection Service at the Ministry of Commerce, Energy, and Industry, has noted a concerning and continuous rise in fuel prices on the international stage. ...

68. 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....

69. Consulco: London Credit Fund’s new investment opportunity secured against UK commercial properties

The London Credit Fund New Compartment offers even higher returns to investors....

70. U-turn on school bus fare hike

In a reversal that has quelled widespread apprehension, school bus fares will not be subject to an increase after all. The issue has spurred heated debates among organized parents and the Department of Transportation....

71. Step up, weigh in! Korean Air weighs passengers for safety

Starting Monday, passengers flying on Korean Air may be asked to step on a scale before boarding their flight. ...

72. Eurobank acquires 17.3% stake in Hellenic Bank for €167.9 million

The Eurobank has agreed to acquire an additional stake of around 17.3% (equivalent to 71,428,572 shares) in the Hellenic Bank at a total price of 167.9 million euros, or 2.35 euros per share. ...

73. 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....

74. EU's solar climb to 2030 green triumph

The rapid expansion of solar power is propelling most EU countries toward achieving their 2030 renewable energy goals ahead of schedule, according to new data. This development is boosting optimism in global emission reduction efforts....

75. UK inflation dips to 17-month low

UK inflation eased to a 17-month low in July, official data showed Wednesday, though it also revealed that prices of services, such as haircuts, hotels and restaurants, increased at a faster pace than the previous month. ...

76. Battling medicine shortages head-on

Recommendations to pharmaceutical companies to increase their production capacity of antibiotics for the treatment of respiratory infections, and to EU member states not to stockpile them at the expense of their general availability in Europe, were addressed by the European Health Emergency Preparedness and Response Authority (HERA) ahead of the winter....

77. 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....

78. 2022 marks best real estate year in 14 years

DANOS, a prominent real estate consulting agency, hails 2022 as a remarkable year for Cyprus real estate, breaking through the economic challenges and awakening from the post-COVID stagnation. ...

79. Cyprus industrial prices up 0.1% in June

In June 2023, industrial producer prices in Cyprus increased by 0.1% compared with May 2023, while decreasing by 0.4% in both the eurozone and the EU, according to estimates from Eurostat, the statistical office of the EU....

80.  Acropolis sets limits on visitors

Starting next month, the Greek government will implement new measures at the Acropolis of Athens, Greece's most famous archaeological site. ...

81. Are Famagusta restaurants pricing fairly?

The Association of Famagusta Recreation Centres has issued a statement in response to recent reports criticizing the prices of restaurants in the district....

82. Larnaca - Piraeus ferry ready to set sail in ten days

In ten days, on July 29, the Larnaca - Piraeus ferry line is set to launch, and the demand has surged, with the Daleela ferry already fully booked. According to Deputy Minister of Shipping, Marina Hadjimanoli, who spoke on the show "Διασπορά Ειδήσεων" on SPOR FM,...

83. Gasoline trade in divided Cyprus

The issue of gasoline from the occupied territories is one of the most well-known psychodramas of Cyprus. It is a distortion of the market due to the country's division and the occupation of part of it by another country. ...

84. Diverse music styles unite at Windcraft Music Fest

The Windcraft Music Fest opens its doors for the ninth time on the weekend of July 22nd and 23rd in Katidatata Solia and invites music lovers and those seeking an interesting festival experience to join this celebration of wind instruments and more....

85. Electric vehicle transforms into flying car

The US approved this electric vehicle from Alef Aeronautics for test flights...

86. Double impact on gas station owners

Citizens are in turmoil following the termination of reduced special consumption tax rates on transportation and heating fuels, which resulted in increases of 8.32 cents in gasoline and diesel, and 6.83 cents in heating fuels. ...

87. European stocks rally on hope of interest rate peak

Eurozone inflation fell more than expected to 5.5 percent in June, its lowest rate since the start of last year, but a slight rebound in core consumer price growth tempered any relief for policymakers....

88. Cyprus farmers voice alarm over plant protection regulation

The European Commission is addressing farmers' concerns regarding the proposed regulation on plant protection in the European Union. They assure that the implementation of the new rules will be gradual, aiming to minimize any impact on production and food prices....

89. Cablenet: The Fastest Growing Mobile Network

90. FinMin underlines the importance of disciplined policy

The contact circle with the banks has not been completed, and there will be a new one to adopt measures that will provide relief to borrowers regarding the increased interest rates....