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April 2024

elections candidates

Unprecedented Number of Candidates for Cyprus’s June Elections

The upcoming elections in Cyprus will witness an extraordinary 7,280 candidates contesting for 3,227 public offices, including roles such as MEPs, mayors, councilors, and community leaders. With a record number of candidates vying for these positions, the electoral race is gearing up to be fiercely competitive, promising a significant impact on the political landscape of the island.

digital transformation e-services

Cyprus to launch 20 new e-services by July 2024

Cyprus is set to revolutionize government services with the launch of 20 new eservices by July 2024. These digital offerings, accessible through the gov.cy portal and digital citizen applications, will simplify tasks like obtaining identity cards, passports, and vital records, marking a significant advancement in bureaucratic efficiency and citizen convenience.

gas exploration energy prospects

Encouraging Outcomes from ENI’s Gas Exploration in Cyprus

The recent gas exploration results in Cyprus, particularly from the Cronos 2 appraisal well, show promising signs for the country’s energy future. President Nikos Christodoulides and Eni’s CEO Claudio Descalzi discussed the positive outcomes, highlighting Cyprus’s emerging role as a strategic player in the Mediterranean energy sector, with implications for regional and European energy security.

financial crisis cyprus

Averof Calls for Fairness in Addressing 2013 Financial Crisis Aftermath

Averof Neophytou is pushing for a legislative proposal to allocate €60 million to the Solidarity Fund for Cyprus’s 2013 financial crisis victims, offering €8,000 for every €100,000 lost to help rebuild trust and bolster social cohesion. The initiative seeks to provide partial restitution and address the severe impact of the crisis on individuals and companies still struggling with the financial repercussions.

migration eu

Christodoulides and Sunak Address Migration Challenges

President Nikos Christodoulides of Cyprus and British Prime Minister Rishi Sunak met to discuss migration issues, including Cyprus’s asylum seekers from Lebanon and Ireland’s flows from the UK. Legal hurdles and identifying “safe countries” for returns were key topics of conversation.

eu defence

Support Grows for EU Defence Commissioner Role

The proposal for a European Union (EU) defence commissioner aims to bolster collective defence capabilities and security coordination among member states. Endorsements from leaders like President Nikos Christodoulides of Cyprus signal growing support for this strategic move to enhance Europe’s security architecture and assert the EU as a credible force in global security matters.

household debt corporate debt

Cyprus Household and Corporate Debt in Perspective

Household debt in Cyprus, totaling €19.7 billion, stands at 66% of GDP, while corporate debt amounts to €39.4 billion, with a debttoGDP ratio of 133%. Both sectors show a decrease in debt relative to GDP, indicating positive economic growth and diversification in asset holdings.

humanitarian aid gaza

Humanitarian Aid Awaits Departure for Gaza

The humanitarian aid shipment to Gaza is currently awaiting US approval in Cyprus, with President Nikos Christodoulides prepared to dispatch aid once consent is granted. A jetty near Gaza constructed by US forces is poised to facilitate delivery, sparking anticipation for the green light to proceed.

education labour market

Labour Minister Advocates Opening Job Market to Foreign Students

Cyprus’s Labour Minister Yiannis Panayiotou proposes opening the job market to foreign students by extending work hours, allowing postgraduation employment, and broadening job roles. The plan aims to integrate international students into the local workforce, enriching the labour market with diverse talent and fostering economic growth.

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