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July 2024

diplomatic engagements cultural exchange

Strengthening Ties: Serbian Foreign Minister’s Diplomatic Visit to Cyprus

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The visit showcases the strengthening bond between the two nations through strategic talks, cultural exchanges, and a presidential reception, emphasizing their mutual commitment to a fortified alliance with implications for regional and EUrelated policies. Foreign Minister Marko Duric’s diplomatic engagement in Cyprus underscores the deepening ties and shared interests between the countries, setting a tone for future collaboration and positioning both nations strategically in the complex regional and international landscape.

lng project cyprus

Twists and turns of LNG debacle and who will be blamed

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The Cyprus LNG project is embroiled in controversy as questions arise about EU procurement law violations and potential loss of funding. Former President Nicos Anastasiades, energy ministers Giorgos Lakkotrypis and Natasa Pilides, and Finance Minister Harris Georgiades may face scrutiny in the European public prosecutor’s investigation. Delays, questionable contracts, and financial decisions have cast a shadow over the project, impacting the future of energy governance in Cyprus and the broader European energy landscape.

marina development cyprus

Paphos Marina Development: A Concrete Concern for Cyprus

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The Paphos marina project in Cyprus led by the Deloitte Triton Paphos Marina Consortium aims to develop a new marina at Potima Bay in Kissonerga, providing berths for a thousand vessels and driving residential and commercial growth in the Paphos district. Yet, questions arise regarding the necessity of such development, its environmental impact, and the delicate balance between economic growth and preservation of Cyprus’s natural heritage.

migration rising living costs

Cypriots’ Prime Concerns: Migration and Rising Living Costs

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The Eurobarometer survey reveals that 64% of Cypriots are anxious about irregular migration, while 48% are troubled by the rising cost of living, exceeding the EU average by 16 percentage points. Other concerns include terrorism and security (35%), the war in Ukraine, and environmental issues like climate change (28% each).

local authority reform funding allocation

Challenges of Local Authority Reform in Cyprus

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Local authority reform in Cyprus faces challenges such as implementation delays in Limassol and Larnaca, along with a 60% cut in funding for districtlevel organizations impacting essential services like water supply and sewage. Interior Minister Constantinos Ioannou is actively addressing these hurdles to ensure the goal of greater autonomy for local authorities is achieved despite the setbacks.

extreme weather alert night-time heat surge

Heatwave Strikes: Unprecedented Temperatures Prompt Warnings

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A heatwave is set to hit the region with recordbreaking temperatures soaring to 40C in inland areas. Residents are advised to stay hydrated, avoid direct sunlight during peak hours, and check on vulnerable populations such as the elderly and children to ensure everyone stays safe and comfortable during this extreme weather event.

labor market gender disparities

The Overqualification Conundrum in Cyprus

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In Cyprus, around 30% of workers are overqualified for their jobs, surpassing the EU average, leading to underutilization of skills and affecting job satisfaction and economic efficiency. Women are disproportionately impacted, highlighting gender disparities in the labor market that require strategic interventions to address the mismatch between workforce qualifications and job market demands.

tourism development

Paphos Marina Project Advances with New Consulting Contract

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The Paphos Marina Project has taken a leap forward with a new consulting contract signed between the deputy ministry of tourism and Deloitte Triton Paphos Marina Consortium. This 30month collaboration aims to select an investor for marina development using the DBFOT methodology, with the project anticipated to be announced in 912 months and completed by the end of 2026, marking a significant milestone for the local economy and tourism sector.

security project setbacks

Fears ‘Anti-Drone’ Contract Stymied

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The €1.65 million ‘antidrone shield’ contract in Cyprus faces delays and challenges, with the contractor requesting a oneyear extension amid concerns of potentially outdated drone jamming software. Authorities are considering a ‘Plan B’ if the project fails to meet its timeline, highlighting the strategic importance of the system for national security.

migration management domestic violence prevention

Strengthening Migration Management and Domestic Violence Prevention

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Switzerland has contributed over €10 million to Cyprus to bolster migration management and combat domestic violence, with agreements signed for the construction of new asylum service headquarters and infrastructure for handling domestic violence. This partnership underscores international solidarity and shared responsibility in addressing societal challenges and improving the wellbeing of citizens.

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