Hoteliers in Cyprus are working hand in hand with the government to enhance tourism. With increased budget, rebranding efforts, and a training scheme for hotel staff, they aim to make Cyprus a top destination yearround.
The highprofile legal challenge involving Auditorgeneral Odysseas Michaelides faces a postponement due to a judge’s medical absence, halting proceedings at the Supreme Constitutional Court. With key dates rescheduled, the case is set to resume on July 10 for Michaelides’ crossexamination, followed by deadlines for closing arguments and responses, highlighting the meticulous nature of the legal process.
Despite rumors of divestment, Eni remains unwavering in its commitment to investing in Cyprus, with plans for the Cronos project advancing steadily. Both Eni’s spokesperson and Cyprus officials have dismissed any talks of selling Cypriot assets, emphasizing the company’s strategic dedication to the region’s energy market.
The UN is closely monitoring rising tensions in Cyprus, emphasizing the need to avoid actions that may exacerbate strain. SecretaryGeneral Antonio Guterres calls for dialogue, consensusbuilding, and reduced militarization to pave the way for a peaceful resolution in the region.
This July weekend in Cyprus is set to be a vibrant mix of cultural events: from the pulsating beats of the Loud Music Festival in Limassol to the global sounds of the AfroBanana Festival in Pano Lefkara, and the tranquil Lavender Festival in Platres village. Dive into the artistic world with a Printmaking Workshop in Fini village and end the weekend with laughter under the stars at the GoetheInstitut’s free screening of “Toni Erdmann.”
In 2022, Cyprus’s trade sector saw a remarkable 20.7% increase in turnover, reaching €17.61 billion, with wholesale trade surging by 28.7% and retail trade by 12.5%. Employment in the sector also grew by 3.2%, reflecting the sector’s expansion and positive economic impact.
The Bank of Cyprus has introduced ecofriendly financial products like Green Home Loans, EcoFriendly Renovation Loans, and Energy Loans to support sustainability. These initiatives aim to promote ecoconscious living by offering reduced rates for energyefficient properties and funding for solar panel installations, showcasing the Bank’s commitment to a greener future.
The tragic shooting incident in Peyia, where Stylianos Stylianou lost his life, has left the community in shock. The suspect, a 50yearold man, has surrendered to the authorities and admitted guilt, as the police work tirelessly to uncover the motives behind this violent act.
Cyprus’s tourism sector faces a critical crossroads amidst geopolitical tensions, economic strains, and sustainability concerns. Stakeholders are reevaluating their approach, shifting from mass to quality tourism and advocating for sustainable practices to ensure longevity and prosperity. Adapting to challenges and embracing sustainability will be crucial for the future of Cyprus’s tourism industry.
The proposed fake news criminalization amendment has sparked concerns among stakeholders like the Union of Cyprus Journalists, warning of potential threats to free speech and journalistic freedom. If passed, the amendment could lead to press violations, increased selfcensorship, and compromise democratic processes, according to the Association of Newspapers and Periodicals Publishers.
