Momentum in Cyprus’ real estate market after two years of Covid lockdowns and restrictions is surviving the cost-of-living crisis and raw material hikes powered by the Ukraine war, say stakeholders. In comments to news site Stockwatch, Marinos Kineyirou, chair of the Real Estate Agents Council, argued that high demand for buying and renting, combined with
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Around nine out of ten (89%) people in the EU, aged between 16 and 74, use the internet for cultural activities; reading online news is one of the most popular pastimes. Eurostat data for 2021 shows that 72% of EU internet users aged 16-74 read online news sites, newspapers or news magazines, a two percentage
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A referee exchange programme for the 2022-2023 season was signed between the football associations of Cyprus and Croatia to improve decision-making on the pitch. The Cyprus Football Association said it was an important development with mutual benefits for both countries and Cypriot referees as they will have the opportunity to referee matches abroad. The agreement
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By Craig Erlam A relatively slow session so far in the middle of the week, with the focus very much still on the Federal Reserve and interest rates ahead of the Jackson Hole Symposium that kicks off Thursday. It seems the fear of what could be said is having a far greater impact on sentiment
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Foreign Minister Ioannis Kasoulides reaffirmed Cyprus’ principled stance and unwavering commitment to Ukraine’s sovereignty and territorial integrity as it celebrates 31 years of independence. He told the Second Summit of Crimea Platform: “Ι am greatly honoured to have the opportunity to reaffirm Cyprus’ principled stance and our unwavering commitment to Ukraine’s sovereignty and territorial integrity.”
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The saga of Cyprus’ defunct Citizenship for Investment scheme is again on the House agenda, following the Auditor General’s report that €220 mln was lost due to a possible criminal lack of oversight. The passports for cash scheme was “rotten until the end”, said Auditor General Odysseas Michaelides, arguing that several questionable actions of government
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As the Cyprus traffic camera network is set to expand with another 20 stationary and 16 mobile cameras to be installed over six months, the system is still bogged down by an excess backlog of over 100,000 fines. As reported by Phileleftheros daily, since going live in January and up to 17 August, 118,056 violations
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Nearly half of all baby boomers and Generation X already own cryptocurrency or intend to buy it before the end of 2022, according to a new survey as the prices of Bitcoin and others including Ethereum, dipped this week due to inflation concerns and the policies of central banks to try and tame it. About
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Cyprus’ Airbnb industry is enjoying a comeback following more than two years of lockdowns and travel restrictions, as it grew by 20% in tourist resorts in the second quarter of 2022 compared to last year. According to AirDNA, a well-known, trusted resource for vacation rental research providing comprehensive holiday rental data and analytics worldwide, Airbnb
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Cypriot gymnast Marios Georgiou revealed he had to fight through the pain barrier from a serious shoulder injury to bring home the gold in the men’s horizontal bar at the European Championships in Munich. Georgiou had pulled a muscle in his shoulder during the qualifying stage, with doctors advising him to withdraw as this sort
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