Half of investors questioned in an online poll believe that inflation will remain stubbornly high in the next 18 months, despite signs that the surge in consumer prices might have peaked. A pulse-check survey of 538 investors on LinkedIn carried out by independent advisory and fintech deVere Group, reveals that in 18 months’ time, 50%
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Leading Russian bookmaker, Fonbet is making a comeback in Cyprus sports with exclusive sponsorship deals it sealed with five top-flight football clubs, including well-supported Anorthosis Famagusta. Already active in Cyprus for the past five years and licensed by the local gaming authorities for online sports betting, Fonbet’s Marketing Head for Cyprus, Chriso Reppa, said the
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There is an excellent weekly programme on Greek TV called “We stay in Greece” (Menoume Ellada), aired four times a week, with TV celebrities as guests. The series visits various tourist destinations throughout the country with excellent photography, interviews with locals and tourists, Greeks and foreigners, and English subtitles. I wonder if a similar programme,
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Delivery companies and supermarkets are adjusting their business model by introducing new services, including own-store operations catering to online and from-home shoppers. AlphaMega Hypermarkets has continuously gained ground in the retail market in the one and a half years since launching its own online delivery service, confirming that Cypriot consumers are getting on board with
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Seventeen years have elapsed since the Helios Airways tragedy, the worst airline disaster in Greek and Cyprus history, when 121 people, mostly Cypriots going on holiday, including 22 children, were killed. Member of the Committee of Helios Relatives, Sotiris Soteriades, told CNA that a memorial service would be held on Sunday at the chapel of
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Beneficiaries of the General Health System who are not satisfied with their General Practitioner should act now, as, at the end of the month, they will only be able to change doctors after 12 months. The Health Insurance Organisation (HIO) informed the public that as of 31 August, they will now have to wait a
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Cyprus car dealers are coming to terms that the market is frozen, with no prospect of rebooting until the end of the year, as vehicle sales plummet due to a hold up in deliveries. According to the Statistical Service (CyStat), 2,326 saloon cars were registered in Cyprus in July, marking a decrease of 14.2% from
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Cyprus Central Bank’s recent financial stability report included some interesting data about the loans and properties that passed into the ownership of Credit Acquiring Companies (CΑCs), shedding a little more light on what they own and how much of the market they have influence over. On December 31, 2021, CACs owned and managed 80,192 loans
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Cyprus and the US Armed Forces held a joint military exercise last month codenamed ‘Guardian 2022’, the Defence Ministry said Friday. The exercise was co-organised by the Cypriot Special Forces Command and the US Armed Forces with the participation of special operations units by both sides. According to the Cypriot Ministry, the exercise scenario featured
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Commercial flights in the European Union decreased by 15% in July compared to July 2019, the summer before the pandemic played havoc with travel rules, according to Eurostat. In Cyprus, flights during July decreased by 14% compared to July 2019, slightly below the EU average. In absolute numbers, 595,965 flights were recorded across the EU,
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