#cost-of-living-crisis
Economy
How much rent prices for student flats in Cyprus will rise?
The expected loss of thousands of Greek students following the decision to allow private universities in Greece may reverse...
Economy
Cyprus banks urged to lower interest rates by government and Central Bank
The government and the Central Bank urged banks to reduce lending rates, citing concerns about affordability for businesses and...
Economy
Hear the cries of households and businesses, Finance Minister tells banks
Finance Minister Makis Keravnos on Tuesday called on banks to reduce interest rates and avoid further hikes.
In a speech...
Economy
Banks risk reputation, clients by holding interest rates high, CBC Governor says
The Governor of Cyprus's Central Bank, Christodoulos Patsalides, appealed to banks to consider their reputation risk and the impact...
Economy
Cyprus food prices surge despite VAT cut
Prices for fresh produce in Cyprus defied government efforts to curb inflation, data from the Consumers' Association showed on...
Economy
High-net-worth individuals hit record numbers in 2023
The number of high-net-worth individuals (HNWIs) and their combined wealth reached unprecedented highs in 2023, driven by a rebound...
Opinion
Housing policy and strengthening of the HFC
There cannot be a housing policy without funding. This can be achieved by strengthening and supporting the Housing Finance...
Economy
Government considers extending inflation relief measures beyond June
The possibility of extending measures aimed at tackling inflation remains on the table, officials have indicated.
Finance Minister Makis Keravnos,...
Economy
Half of young Cypriots want to move abroad as they struggle with housing, jobs, survey finds
Half of young Cypriots (50%) want to move abroad as they struggle with the local job and housing markets,...
Dark Room
The two aspects of unemployment
The unemployment rate stood at 6% in the first quarter of 2024, compared to 6.8% in the corresponding period...
Local
Woman allegedly threatened to set house alight, bit officer during eviction attempt
Police in Limassol arrested a 61-year-old woman today on charges of disobeying a court order and assaulting a police...
Local
“Anti-government” protests in occupied north gain momentum
Animal producers in the occupied north entered the eighth day of their protests on Monday, joined by a growing...
Economy
ECB policy must stay restrictive into 2025, chief economist says
The European Central Bank is ready to cut interest rates next month but policy must continue to be restrictive...
