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/business/dispute-resolution-services-a-more-cost-effective-way-to-resolve-issues
Going to court to resolve a dispute between a consumer and a business is not always necessary. There are alternatives that are less time-consuming and less expensive than legal action and can provide very effective solutions. ...
https://knews.kathimerini.com.cy/en/business/january-newsletter-of-k-treppides-co-ltd
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/news/supermarkets-bet-on-their-own-private-labeled-products
Consumers are turning to private label and exclusive import products to combat inflationary pressures on consumer goods in supermarkets....
https://knews.kathimerini.com.cy/en/business/rolls-royce-cruises-to-record-sales-thanks-to-ongoing-luxury-demand
Rolls-Royce on Monday reported record sales last year despite an average price tag of around $534,000 for its luxury cars and a drop in Chinese demand, with orders stretching into 2023....
https://knews.kathimerini.com.cy/en/news/fuel-prices-have-dropped-but-increases-are-anticipated
On January 8, 2023, the cost of 95 gasoline was 44 cents less per liter than it was on July 12, when it reached an all-time high of €1.828 per liter....
https://knews.kathimerini.com.cy/en/business/amazon-to-layoff-18-000-employees
Amazon.com Inc's layoffs will now increase to more than 18,000 roles as part of a workforce reduction it previously disclosed, Chief Executive Andy Jassy said in a public staff note on Wednesday....
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/the-plan-to-bring-in-more-german-tourists
In a trip organized by the FTI Group and Meeting Point, German travel agents recently visited the island and discovered increased demand for Cyprus....
https://knews.kathimerini.com.cy/en/business/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....
https://knews.kathimerini.com.cy/en/news/trendsetter-company-buys-cyprus-most-expensive-property
The most expensive piece of real estate in Cyprus is off the market, following news that a global trading platform will buy the stunning beachfront property after a decade-long presence on the island...
https://knews.kathimerini.com.cy/en/comment/opinion/the-2023-investment-chessboard
Today's data is completely different from what it was a year ago in terms of investment....
https://knews.kathimerini.com.cy/en/business/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....
https://knews.kathimerini.com.cy/en/news/economic-events-that-will-be-remembered-in-2022
The energy crisis, which intensified after Russia's invasion of Ukraine and resulted in skyrocketing gas prices, took the lead throughout the year....
https://knews.kathimerini.com.cy/en/news/cyprus-rolls-out-new-scheme-to-subsidize-e-vehicles
The budget for subsidizing the purchase of electric vehicles and withdrawing old cars, motorbikes, mopeds and bicycles is at €10 million Transport Minister Yiannis Karousos has said...
https://knews.kathimerini.com.cy/en/news/greeks-and-turks-square-off-over-aegean-flights
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...
https://knews.kathimerini.com.cy/en/news/according-to-research-costs-for-a-festive-table-ranges-from-€24-to-€255
The Cyprus Consumers Association conducted a survey on the cost of the Christmas table as part of its foundation's mission to protect and provide consumers with more complete information. The survey was conducted from December 12 to December 21, 2022....
https://knews.kathimerini.com.cy/en/news/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....
https://knews.kathimerini.com.cy/en/comment/opinion/in-the-wake-of-the-image
"Let me introduce you to our Elena Rapti," Spyros Vougias told journalist Giorgos Papachristos some 20 years ago when Eva Kaili made her political debut with PASOK....
https://knews.kathimerini.com.cy/en/news/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....
https://knews.kathimerini.com.cy/en/business/what-did-cypriot-consumers-purchase-in-2022
Cashless transactions have significantly increased since businesses are now required to accept credit or debit cards. Card payments now account for approximately 72% of all commercial transactions, rather than cash. ...
https://knews.kathimerini.com.cy/en/news/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, ...
https://knews.kathimerini.com.cy/en/business/ecb-raises-interest-rates-by-0-5
Christine Lagarde warned markets not to expect an early end to rate rises next year, on a day when the European Central Bank and the Bank of England lifted borrowing costs to their highest levels in 14 years....
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/news/cop-screams-at-wolt-drivers-during-protest-in-cyprus
Wolt drivers in the Republic of Cyprus carried on with demonstrations this week over working conditions and compensation, with one cop known as ‘Black Widow’ getting into a shouting match with food couriers who took to the streets of the capital...
https://knews.kathimerini.com.cy/en/business/cyprus-retail-sector-continues-climb-despite-inflation
Black Friday, with its high levels of traffic and shopping, appears to have given way to the Christmas holiday season. The market is still moving well, with increased foot traffic in shopping malls and main streets....
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/gatzke-hellenic-relations-have-returned-to-normal
After taking a brief leave of absence, Hellenic Bank CEO Oliver Gatske has returned to his duties. Mr. Gatske was given the green light to return to his office on Monday after the Cyprus Securities and Exchange Commission cleared him of any wrongdoing....
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/streptococcus-tests-imminent-decisions-from-the-meeting
A series of preventive measures to address and monitor the outbreak of streptococcal infections in Cyprus was announced on Monday by the Ministry of Health, in collaboration with the Paediatric Society of Cyprus....
