AKEL Warns of Severe Housing Pressure as Rents Rise Among Fastest in EU

Cyprus faces some of the highest housing pressures in the European Union, with rents rising 30% to 40% in five years, AKEL Secretary‑General Stefanos Stefanou said at an event on housing policy hosted by the European Parliament Office in Nicosia. Citing European Commission data, Stefanou said Cyprus will need about 43,000 housing units over the […]