2022 Archives - Financial Mirror

59% of firms conducted remote meetings in 2022

A share of 59% of enterprises with 10 or more employees or self-employed in Cyprus conducted remote meetings online in 2022, above the EU average (50%), according to Eurostat. The COVID-19 pandemic

12th June 2023

Business/Europe

Residential property prices rose 6.6% in Q4 2022

Increased construction costs and demand led house prices to continue their upward trend during the fourth quarter of 2022, with the Residential Property Price Index (RPPI) up by 6.6% year-on-year. It compares to

8th June 2023

Cyprus/Property

European airports saw nearly 2 billion passengers in 2022

A European airport network traffic report for 2022 by ACI EUROPE shows that the airport industry has finally turned the corner on the COVID-19 pandemic welcoming nearly 2 billion passengers. Passenger traffic

7th February 2023

Life & Society/World

Over 800,000 GP visits in 2022

Last year was pivotal for the General Healthcare System, with over 800,000 patients visiting a GP, said the Health Insurance Organisation (HIO) that runs the GHS. “Gradually emerging from the Covid-19 pandemic,

19th January 2023

Cyprus

Price inflation rose 8.1% in 2022

The Harmonised Index of Consumer Prices (HICP) rose 8.1% last year compared to 2021, driven by higher energy bills and pump prices. In December alone, the HICP increased by 7.6% compared to

18th January 2023

Cyprus/Economy

Real estate sales generated €6 bln in 2022

Despite the property market generating €6 billion in sales in 2022, real estate agents expect a challenging 2023. Releasing its quarterly “Real Estate Market Bulletin”, the Cyprus Real Estate Registration Council said

16th January 2023

Cyprus/Property

2022: A year of financial pain but little gained

Cypriots strolled into 2022 hoping to see better days following two years of COVID restrictions; instead, they braved hiking inflation powered by the Ukraine war eating away at their purchasing power. Also,

7th January 2023

Cyprus

Cyprus airports handled over 9 mln passengers in 2022

Some 9.2 million passengers went through the Larnaca and Paphos airports last year, with traffic reaching 82% of the record-breaking 2019. In comments to Cyprus News Agency, Hermes Airports senior manager Maria

6th January 2023

Cyprus/Life & Society

A year of political inertia

The past year hardly put a smile on anyone’s face. Struggling to recover from the Covid-aftermath, Russia invaded Ukraine just as everyone prepared for a year of recovery. Due to the lack

1st January 2023

Cyprus/Editorial

Inflation forecast at 8.6%, GDP growth 4.9% in 2022

Consumer Price inflation is forecast at 8.6% for 2022, slipping to 3.4% in 2023, while GDP growth this year is projected at 4.9%, followed by a lower 2.4%, the University of Cyprus

17th October 2022

Cyprus/Economy