Four teens, aged between 14 and 17, were caught by Paphos police for stealing a car on July 19. Despite admitting their involvement, they were released pending review by the Attorney General, prompting discussions on juvenile justice and the need for community engagement to prevent future incidents.
Property Gallery took center stage at REALTYon Expo 2024 with their showcase of YOO Limassol by Starck, setting the industry abuzz with their innovative design and forwardthinking approach. Their participation highlighted their leadership in the Cypriot real estate market, solidifying their reputation as visionaries in modern living.
Turkey’s AKP firmly opposes a federal solution for Cyprus, advocating for the protection of the Turkish intervention in 1974 as a peace operation. Despite international criticism, Turkey stands firm in its claim over Northern Cyprus, rejecting UN resolutions on the matter.
In Limassol, Cyprus, illegal graffiti is being turned into vibrant street art, transforming mundane infrastructure into inspiring public art galleries. By commissioning talented artists and promoting ecological awareness through art, the city is combatting vandalism while enhancing its cultural fabric and beautifying urban areas.
Nonperforming loans in Cyprus hold steady at €1.77 billion, with a stable NPL ratio of 7.4 percent, reflecting the banking sector’s resilience in managing credit risk and supporting customers through restructured agreements amid economic challenges. The consistent figures from the Central Bank of Cyprus reveal a banking sector adapting to fluctuating financial circumstances while maintaining transparency and trust, offering a grounded perspective on the health of Cyprus’ financial landscape.
Cyprus is divided between the Republic of Cyprus and the Turkish Republic of Northern Cyprus, a persistent issue that hinders unity and EU expectations. Greek President Katerina Sakellaropoulou stresses the urgent need for a just and lasting resolution to heal the cultural fractures and achieve peace.
The Cyprus real estate market has shown resilience in 2024, with property transfers increasing by 8% and transaction values going up by 1% from the previous year, despite facing numerous challenges. The Cyprus Consumers Association has noted a rise in consumer complaints, particularly in the travel sector, emphasizing the need for enhanced consumer protection and support.
The Limassol police swiftly arrested a 27yearold suspect for credit card theft after a report from a 65yearold woman. The suspect was apprehended following unauthorized transactions with the stolen credit card, showcasing the efficient response of the Limassol police force.
The weather forecast for Wednesday includes a yellow warning for extreme high temperatures and windy conditions, with inland areas reaching 41C and coastal regions up to 38C. Winds will strengthen throughout the day, with potential sporadic rainfall, especially in mountainous regions, before temperatures cool down in the evening with the chance of fog and low clouds.
The government’s response to water shortages is lacking, with critical actions like a comprehensive water strategy missing. Despite investing in desalination and implementing hosepipe bans, these measures fall short in addressing the urgent need for a robust, longterm plan to combat the worsening issue of water scarcity.
