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October 2024

financial literacy loan calculator

Empowering Financial Decisions: Bank of Cyprus’s New Tool

The Bank of Cyprus has launched an exciting Funding Amount Calculator, a userfriendly tool that helps clients determine their maximum loan eligibility and comfortable monthly payments, enhancing their financial decisionmaking. This initiative, led by Maria Artemiou, the Manager of Consumer Banking Transformation, showcases the bank’s commitment to promoting financial literacy and empowering clients across Cyprus.

stalking legislation

Safeguarding Against Stalking: A Proactive Stance in the British Bases

In July, the British bases in Cyprus enacted new legislation to combat stalking and harassment, allowing individuals to report such incidents, which has already led to 15 people standing trial. This proactive approach, spearheaded by Detective Inspector Tony Demetriou and supported by a zerotolerance policy, aims to protect vulnerable populations and ensure community safety across Akrotiri and Dhekelia.

limassol mount kailash

Limassol Mountaineer Leads Historic Expedition

Alexander Larin, a seasoned mountaineer from Limassol, led the first Cypriot team on a historic expedition to Mount Kailash in Tibet, a peak revered as the “centre of the universe.” Despite facing harsh natural conditions and geopolitical hurdles, the team completed their spiritual pilgrimage, demonstrating remarkable resilience amidst the chaos of Nepal’s catastrophic floods.

kedipes financial stability

Kedipes’ Journey to Financial Stability Extended to 2030

Kedipes, the Cyprus Asset Management Company, has pushed back its goal for financial stability to 2030, aiming to repay €3.54 billion in state aid, largely due to economic challenges like inflation and geopolitical unrest. Since 2018, it has repaid 42% of the aid while focusing on careful asset liquidation strategies, demonstrating its commitment to navigating a complex financial landscape.

cultural festivities art exhibitions

What’s on this weekend

This weekend in Nicosia bursts with cultural vibrancy, featuring Emma Louise Charalambous’ art exhibit “Amensalism” at the Centre of Contemporary Art Diatopos and the Nicosia Book Fest at Acropolis Park celebrating Latin American literature. Don’t miss the lively Bierstein Blasmusik Celebration in Trimiklini or the Cuban Music Street Party, both promising unforgettable experiences!

cyprus diplomacy high-level meetings

Upcoming High-Level Diplomatic Engagements for Cypriot Leadership

Cypriot President Nikos Christodoulides is set to embark on a crucial diplomatic journey this October, starting with a meeting with UK Prime Minister Keir Starmer in London on the 14th, followed by a significant discussion in New York City with Turkish Cypriot leader Ersin Tatar and UN SecretaryGeneral Antonio Guterres on the 15th. The whirlwind concludes with his participation in the European Council in Brussels on the 17th and 18th, where he will brief EU leaders on the New York meeting outcomes, highlighting Cyprus’s active role in international diplomacy.

violence police

Escalated Conflict Leads to Serous Injury in Attempted Arrest Evasion

In a shocking incident in Nicosia, a 31yearold man fell from a thirdfloor drainpipe while trying to escape police during a violent altercation, suffering severe injuries that left him in intensive care. As authorities investigate the chaotic events that unfolded at around 8:30 pm, the community grapples with the aftermath of this reckless attempt to evade justice.

middle east med9 summit

Middle East on Med9 Ministers’ Agenda in Nicosia

In the heart of Nicosia, the Med9 Ministers’ meeting brings together representatives from Croatia, Cyprus, France, Greece, Italy, Malta, Portugal, Slovenia, and Spain to tackle the pressing crises of the Middle East and migration while charting a sustainable future through green and digital innovations. As Cyprus prepares to lead the Med9 presidency in 2024, this gathering sets the stage for collaborations that could redefine the Mediterranean’s approach to regional challenges and opportunities ahead.

motorway accident community impact

Tragic Outcome for Rubbish Truck Driver After Motorway Accident

Rubbish truck driver Giorgos Philippou, 41, tragically lost his life after his vehicle overturned on the NicosiaLimassol motorway near Moni, Limassol, despite critical care efforts at a private clinic in Nicosia. The community mourns his passing, and an investigation is underway to uncover the circumstances that led to this devastating incident.

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