In a highlevel government meeting with President Nikos Christodoulides and SecretaryGeneral Marija Pejcinovic Buric, the focus was on missing persons in Cyprus and the country’s application against Turkey. The urgent need for accountability and resolution for affected families was highlighted, underscoring the pressing humanitarian issue at hand.
The CBC’s decision to maintain the countercyclical capital buffer at 1% showcases a commitment to financial stability and resilience in Cyprus. By adhering to international financial standards and preparing banks for potential risks, the CBC aims to safeguard the economy against future downturns while promoting steady growth.
Buyers must be aware of their rights and the legal implications when a developer decides to add an extra floor to a building, as this can lead to breaches of contract, diminished property value, and share of communal spaces. Recent Supreme Court decisions have upheld buyers’ rights to terminate agreements, seek refunds, and claim damages in such situations, emphasizing the importance of contractual obligations in property transactions.
During a school trip in Switzerland, English School students found themselves stranded in a hotel without power due to severe weather. With the help of local authorities and the Cypriot embassy, plans are underway to ensure their safe return as roads are cleared.
Mystes Winery in Cyprus produces wines that reflect the unique terroir of the land, offering robust flavors with finesse. Using indigenous grape varieties like Promara and Giannoudi, and innovative blends, Mystes Winery elevates the dining experience with complex Chardonnays and bold reds.
In the first half of 2024, Cyprus accomplished a fiscal surplus of €590.6 million, marking 1.9% of its GDP, a significant increase from the previous year. This achievement reflects the country’s economic resilience and prudent fiscal strategies amidst global challenges, showcasing its financial strength in uncertain times.
In 2023, Hellenic Bank made significant strides in environmental responsibility, reducing carbon emissions and advancing renewable energy use. The bank’s commitment to sustainability was highlighted through employee training, digital transformation, green loans issuance, and supporting environmental and social initiatives. Through initiatives like the Sustainable Bonds Issuance Framework, Hellenic Bank is setting the standard in sustainable finance and community impact.
Cyprus has allocated €300,000 to the Committee on Missing Persons (CMP) to find individuals who disappeared during conflicts, hiring eight new archaeologists and purchasing an excavator. This move intensifies the search for the 492 Turkish Cypriots and 1,510 Greek Cypriots missing since 19631964 and 1974, providing closure to their families.
The local administration in Cyprus has undergone a major reform, introducing new district governors and merging municipalities and communities for better efficiency and autonomy. Despite some initial challenges, the modernization promises to streamline bureaucracy and enhance public services, paving the way for a more accountable and citizencentric governance structure.
“Find Me Falling” is the latest addition to Netflix’s diverse lineup, marking a groundbreaking debut for Cypriot cinema with its enchanting landscapes and emotional narrative. Directed by Stelana Kliris and starring Harry Connick Jr., this film serves as a captivating “love letter to Cyprus,” poised to capture global audiences with its culturally rich storytelling.
