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July 2024

accident investigation

Man in Larnaca Car Accident Dies in Hospital

The tragic death of Michalakis Georgiou on Agioi Anargyrii Avenue in Larnaca has left a community in mourning after he was struck by a vehicle while crossing the road. Despite efforts at Larnaca General Hospital, he succumbed to his injuries, and police are investigating the sober driver involved to prevent future tragedies.

cancer patients support network

Pasykaf: A Beacon of Hope for Cancer Patients

Pasykaf, the cancer patients’ association, supported nearly 8,000 patients and families in 2023, collaborating with prestigious centers like the German Oncology Center and UCLan Cyprus University to provide vital resources and care. Their motto “Together through life” epitomizes their role as a beacon of hope and network of support for individuals battling cancer on the island and beyond.

tourism fiscal surplus

Cyprus Business Now

Cyprus’s tourism revenue grew by 5.5% in the first quarter of 2024, reaching €440.7 million, showcasing the country’s rising appeal in the sector. Additionally, the government reported a fiscal surplus of 1.9% of GDP, marking a notable improvement and highlighting Cyprus’s economic resilience.

energy interconnector

Cera Receives Proposal on Great Sea Interconnector

The Energy Regulatory Authority of Cyprus, Cera, has received a proposal from Greece’s Admie for the groundbreaking Great Sea Interconnector project, connecting power grids of Israel, Cyprus, and Greece. This project aims to boost energy security, integrate renewable sources, and potentially lower energy costs in the Mediterranean region by reducing reliance on fossil fuels.

crime weapons

Larnaca Court Hears Pleas in Alleged Weapons Cache Case

The two men in Larnaca are accused of concealing an arsenal of weapons in an Oroklini graveyard, facing charges including possession of firearms, ammunition, explosives, and a silencer. Their not guilty plea sets the stage for a legal battle that highlights concerns over public safety and potential criminal activity, as the community awaits the next steps in the unfolding case.

banking sector taxation

Debating the Windfall Tax Proposal on Cypriot Banks

The windfall tax proposal on Cypriot banks, introduced by Akel, aims to levy a 5% tax on banks’ unexpected profits to create a social solidarity fund for struggling borrowers, mirroring EU nation models. As discussions heat up, concerns over constitutionality and governance hesitations loom, with the debate showcasing the delicate balance between social welfare and financial stability in Cyprus.

buffer zone militarization

Escalating Tensions in Cyprus Buffer Zone

The escalating militarization in the Cyprus buffer zone, as raised by UN Official Colin Stewart, poses a threat to peacekeeping efforts established by UN resolutions. Stewart’s concerns highlight the impact of increased defensive positions and military technology on the demilitarized status of the area, further exacerbated by the political stalemate hindering progress towards reconciliation.

cultural festival music

A Summer of Cultural Melodies at Axiothea Mansion

The 27th Cultural Festival at Axiothea Mansion in Nicosia features a diverse lineup, including the “European Winds II” concert, a collaboration between Machiko Ozawa and Rami Sarieddine, a modern adaptation of Greek shadow theatre, and a satirical play “Fiakas” by ETHAL. This summer promises a vibrant blend of music, theater, and cultural heritage under the warm Mediterranean sky.

infrastructure delays

Further Delay for Nicosia Ring Road

The completion of the Nicosia Ring Road faces further delay, now expected to be finished by July 15, 2023, due to unforeseen issues like adverse weather and extra work. Delays may result in a €5,500 daily fine for the contractor until completion, impacting efforts to reduce traffic congestion and enhance economic activity in Nicosia.

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