Cyprus Business Now: weekly wrap-up

Here are the top business stories in Cyprus from the week starting October 14:

Rising interest rates, which have resulted in increased borrowing costs, have weighed heavily on mortgage demand in Cyprus. According to Delfi Partners’ analysis, which examined data from the first three quarters of the last four years, demand for housing loans has been impacted by the European Central Bank’s (ECB) interest rate hikes aimed at curbing inflation.

Furthermore, fluctuations in Euribor—a...