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economy financial stability

Addressing the Interest Rate Disparity in Cyprus

Addressing the interest rate disparity in Cyprus is crucial for economic stability and growth, as highlighted by the Central Bank’s governor, Christodoulos Patsalides. With a focus on bridging the gap between lending and deposit rates, Cyprus aims to strengthen its financial resilience and foster a more balanced economic environment.

drug smuggling airport security

Significant Drug Bust at Larnaca Airport

The significant drug bust at Larnaca Airport involved a 21yearold woman caught smuggling 16 kilograms of cannabis in 28 parcels hidden in her luggage during a routine check. This incident highlights the ongoing challenges faced by authorities in combating international drug trafficking and emphasizes the critical role of vigilant airport security measures.

civil service promotion

Agreement on New Promotion Scheme for Civil Servants

The civil service promotion scheme has undergone a significant overhaul, shifting towards a meritbased evaluation system that prioritizes skills and qualifications over tenure. Performance evaluations, supervisors’ recommendations, and additional experience and qualifications will play key roles in determining promotions from 2023 onwards, aiming to create a more efficient and effective civil service.

tourism travel expo

Optimism for New Tourist Season

The outlook for Cyprus’s new tourist season is highly optimistic following Travel Expo Cyprus 2024, with a 5.4% increase in tourist arrivals and record high airport passenger traffic. Efforts to transform Cyprus into a regional travel hub intensify, indicating a robust upcoming tourist season led by the British market.

conflict reconciliation

Cyprus Untold: A Home in the Buffer Zone

“Cyprus Untold” is a podcast by Samuel LewisBlanc, a former UN officer, sharing stories from his time in the Buffer Zone, offering a unique perspective on Cyprus’ quest for peace and reconciliation. Through personal narratives and historical insights, the podcast sheds light on the challenges faced in a divided land, highlighting the complexities of the Cyprus conflict and the potential for unity.

fitness philanthropy

i-Fitness Day Returns for 11th Year in Support of Telethon

The iFitness Day, now in its 11th year, returns on April 28, 2024, at Constantinoupolis Primary School in Nicosia. This charity event blends fitness with fun traditional Cypriot games and group fitness classes like Zumba, benefiting the Cyprus Institute of Neurology and Genetics and the Cyprus Myopathic Association.

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