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91. Numerous foreclosure sales expected in 2023 and 2024

The COVID-19 pandemic and the subsequent suspension of divestments since 2020 have led to the creation of a considerable volume of properties for disposal that banks and credit purchase companies have on their balance sheets....

92. Ideal real estate investment opportunities for sale by AstroBank

Commercial, industrial, and residential listings in various districts...

93. What is the future for banks?

Banks have suffered significantly in the last 15 years. Some have been forced to shut down, while others had to reduce deposits. In some countries, banks have been subject to capital controls, and many have had to change their shareholder structure due to state intervention....

94. High prices continue to plague the market

95. 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....

96. Athens snowstorm causes traffic chaos, shuts schools and shops

Heavy snowfall and plummeting temperatures shut schools and shops in the Greek capital on Monday, with many public services and businesses switching to remote working....

97. A large number of foreclosure notices to be sent tomorrow

Today, Tuesday, January 31, 2023, marks the end of the most recent three-month suspension of divestments imposed by a resolution of the House of Representatives. ...

98. 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. ...

99. 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....

100. Where you can't go in 2023 and why

Travelers from all over the world are expected to take their vengeance for two years in prison in 2023, as they can now take their dream vacation to any part of the world they want, with no restrictions....

101. Amsterdam launches 'Stay Away' campaign to discourage types of tourism

Authorities in the Netherlands have decided to introduce in Amsterdam a new campaign called “Stay Away”, in order to discourage specific kinds of tourism....

102. Grant Johnson: City of Dreams Mediterranean will be the game changer for Cyprus’ hospitality industry

The multi-themed City of Dreams Mediterranean resort in Limassol, which will include a luxury hotel, casino, entertainment and sports facilities, adventure park, shops and restaurants, among others, will begin operations in the second quarter of 2023. Grant Johnson, the General Manager of COD analyzes what exactly the City of Dreams Mediterranean will be, what it will offer to the tourism product of Cyprus, how it will strengthen the country's economy and its position as a popular tourist destination and at the same time he analyzes how this project will have significant benefits for the local community and its people. ...

103. New Zealand becomes the world's first smoke-free country

As the first nation to adopt this policy and even pass a draft law, New Zealand has set the goal of getting the younger generation to stop smoking....

104. Shanghai Disney visitors trapped after lockdown

Shanghai Disney has become the latest high-profile venue to shut its gates thanks to China's strict zero-Covid policy, trapping visitors inside....

105. Cyprus is bursting, like a fat guy out of his leotard

Cyprus’ changing demographics are causing havoc to the real estate market, accentuating socio-economic imbalances and creating polarised communities. A bit dramatic? Let’s see....

106. Makarios Avenue will be closed to private vehicles from 20 October

On October 20, the initial traffic plan for Makarios III Avenue in Nicosia goes into effect, allowing public transportation, catering vehicles, police and fire engines, as well as shopkeepers and residents, while prohibiting the movement of other vehicles. ...

107. Ayia Napa Marina welcomes the SUPER CRUISE SHIP ''Rhapsody of the Seas''

Ayia Napa Marina has proudly welcomed its first SUPER CRUISE SHIP ''Rhapsody of the Seas'', following the first cruise ship to anchor at the marina on 29 May. ...

108. Greece is enticing northern EU retirees with its 'easier winters'

Northern pensioners who want to afford this winter more easily with a significantly lower financial burden can now travel to Greece, according to the Greek Minister of Tourism, Vasilis Kikilias....

109. State fair site to become innovation zone

The Finance Ministry welcomed a decision by the Council of Ministers on Wednesday to establish an innovation zone and a business zone/exhibition space at the Cyprus International Fair site....

110. Ayia Napa Marina opens its doors to four-legged visitors

The management of Ayia Napa Marina, in the context of serving its visitors and customers and respecting animals, informs that it applies the relevant regulations and best practices regarding the entry of animals into the Marina's premises....

111. Non-PDO halloumi being sold off at deeply discounted prices

Many supermarket chains and stores that sell halloumi are offering deep discounts on singular or bulk sales of the cheese. These are clearly those products that do not fall within the PDO specifications and are not labeled accordingly....

112. Dutch are reducing waste by fixing broken objects with online local barter network

Finding someone who can fix a broken piece of furniture, mend clothing, or repair a family treasure has become easier thanks to a new online platform....

113. From the unique to the chic, Nicosia restaurants have it covered

Nicosia, the cosmopolitan center of the island, is known for its many coffee shops, bistros, bars, restaurants and just plain watering holes serving any type of cuisine you can imagine. ...

114. Cyprus upgraded to Tier 1 in US Trafficking in Persons report

The Ministry of Justice and Public Order has welcomed the US State Department's Trafficking in Persons report for 2022 released on Tuesday noting the upgrade of Cyprus to Tier 1 status. ...

115. Sri Lankan president flees country amid devastating economic crisis

Sri Lankan President Gotabaya Rajapaksa fled the country on Wednesday and hundreds of protesters stormed the prime minister's office demanding his ouster, as a people's uprising over a devastating economic crisis overwhelmed security forces....

116. Cyprus property market growing in number and value

The Cyprus property market is growing while getting pricier, as the number of properties rises by 1.5%, while their overall value increased by 2.2% based on January 2021 prices compared to 2018 data....

117. Thousands of Britain's 'fish and chip' shops could close within a year

The United Kingdom's fish-and-chip shops are under severe strain as the prices of key ingredients — including cod and cooking oil — soar as a result of the Russian assault on Ukraine....

118. Covid curbs lifted in Greece ahead of summer season

Greece lifted Covid-19 restrictions on Sunday for foreign and domestic flights, its civil aviation authority said, ahead of the summer tourism season that officials hope will see revenues bouncing back from the pandemic slump....

119. Pro-migrant group says locals instigated Emba brawl

A pro-migrant group has accused police of stalling an investigation following a violent incident in Paphos involving foreign nationals and locals, with the NGO saying a 'hate crime' perpetrated against refugees was being misrepresented in the media...

120. Clashes between locals and foreigners continue

A man has been arrested in the aftermath of a violent altercation between locals and foreigners in Emba, a quiet town in western Cyprus where residents have been up in arms over recent arrivals of Syrian and African refugees...