In April, Cyprus experienced a positive trend in economic sentiment, with the Economic Sentiment Indicator (ESI) rising by 0.8 points. The manufacturing and construction industries showed significant confidence gains, while the retail and service sectors expressed cautious optimism, and consumer sentiment declined, raising concerns about domestic demand.
The Lefkara event honoring Hi Tek Alexander’s fusion of industrial design and fashion on May 1st showcases timeless, genderinclusive designs and sustainable upcycling at the MOLA Culture Factory. The retrospective of Alexander’s work will feature contributions from designer Magdalena Sokolowska, making it a vibrant celebration of art, music, and cinema icons influenced by his innovative creations.
Cyprus has seen a remarkable 66% rise in the return of irregular migrants in 2023, showcasing its dedication to managing migration effectively. Through enhanced cooperation with Frontex, informative programs, financial incentives, and participation in EU solidarity mechanisms, Cyprus is making significant strides in addressing migration challenges and has been recognized as a leader in migrant returns in the EU.
A tragic pedestrian accident in Kokkinotrimithia claimed the life of Polycarpos Michael, a 61yearold man struck by a vehicle on a Sunday evening. Despite efforts by emergency services, he was pronounced dead at Nicosia General Hospital. The driver was detained for questioning, emphasizing the importance of road safety and pedestrian awareness in the community.
Elevate your Easter feast with local Cypriot wines recommended by sommelier George Kassianos, including robust reds like Syrah and Maratheftiko to pair with lamb, oaky whites from Xynisteri grapes, and a sweet Muscat for dessert. Start your celebration with a refreshing rosé and experience the diverse selection of quality Cypriot wines perfect for the joyous occasion.
Limassol in Cyprus recently witnessed the most expensive property sale, with an office complex in Potamos Germasogeia fetching a recordbreaking €28 million. This sale highlights Limassol’s appeal as a top investment destination in the Mediterranean, showcasing the city’s growing prominence in the real estate market.
This Easter, consumers are feeling the pinch with prices soaring for essentials like olive oil, lamb, and traditional delicacies like ‘tsoureki’ and ‘flaounes’. However, there is some relief with reduced prices for eggs, cucumbers, and village flour, providing consumers with more affordable options amidst the rising costs.
Zehra Helin Reessur, a 17yearold girl from Famagusta, was brutally murdered by Sefer Bugra Altundag with an iron hammer. Her community mourns her tragic death and demands justice for the heinous act, sparking conversations about violence against women and femicide.
Isystems Group recently inaugurated a new office in Cyprus at Lemon Park in Nicosia, showcasing their commitment to innovation and excellence in the region’s promising business environment. The grand opening event drew nearly 100 distinguished guests, including industry leaders, partners, and key figures, highlighting the company’s vision for technological growth and success in Cyprus.
The Green Line regulation, in place for 20 years, has facilitated over 64 million crossings between northern and southern Cyprus, fostering economic interaction and trade volume reaching €16 million in 2023. This lifeline symbolizes hope for a cooperative and prosperous coexistence on the island.
