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May 2024

community response school vandalism

Community Response to School Vandalism

The community in Livadia is responding to school vandalism with a strong call for improved security measures at the primary school. The federation of Larnaca parents associations and the school board are advocating for state intervention to prevent future acts of vandalism and ensure a safe educational environment for students.

tourism banking

Cyprus Business Now

Cyprus witnessed a 15% surge in tourism revenue in February 2024 compared to the previous year, totaling €65.1 million and marking a robust 7.9% yearonyear growth in the industry. The Bank of Cyprus introduced electronic dividend distributions to enhance shareholder interactions, while Freedom Holding Corp.’s CEO discussed the company’s strategic operations, highlighting its role as a significant employer in Cyprus.

construction sector government initiatives

President Reaffirms Support for Construction Sector

President Nikos Christodoulides has announced a series of measures to support the construction sector in Cyprus, including the introduction of the ‘Build to Rent’ scheme and streamlining of housing incentive applications. These initiatives aim to enhance economic growth and address housing challenges in the country, positioning Cyprus as an attractive destination for investors and fostering sustainable development.

real estate cyprus

Chestertons Global Expands to Cyprus

Chestertons Global has expanded into the Cyprus property market, setting up Chestertons Cyprus Residential in Paphos. Leveraging Cyprus’s appeal to international investors, the agency aims to provide topnotch services in residential sales and lettings, tapping into the island’s potential as a hub for real estate opportunities.

justice investigation

Seeking Justice for Thanasis Nicolaou

President Nikos Christodoulides has initiated a new investigation into Thanasis Nicolaou’s death after a court ruling determined he was strangled, not a suicide victim as previously believed. This decision challenges the official stance of nearly two decades and honors the pledge to the Nicolaou family for answers and justice.

sustainability electric vehicles

Nicosia Embraces Green Mobility with New EV Charging Stations

Nicosia has unveiled two new EV charging stations in its city center, offering free public access from 8am to 8pm, showcasing the city’s commitment to green mobility and reducing its carbon footprint. These strategically located stations aim to encourage the adoption of electric vehicles and pave the way for a more sustainable future in the bustling Cypriot capital.

police reform presidential oversight

Police Reform and Presidential Oversight

The House legal committee in Cyprus has rejected a presidential referral to grant the police chief extensive appointment powers, a move spearheaded by Independent MP Kostis Efstathiou. This legislative pushback aims to balance police autonomy and democratic oversight, ensuring fair specialist appointments in light of evolving crimes and the financial implications on the national budget.

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