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energy infrastructure

Govt to participate in interconnector project – if conditions met

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The Cyprus government will join the Great Sea Interconnector project if it meets financial and strategic conditions, linking energy infrastructures with Greece and Israel for enhanced energy security and regional cooperation. Finance Minister Makis Keravnos emphasized the project’s potential to end Cyprus’s energy isolation and underscored the need for thorough examination of the estimated €100 million investment required from the Republic of Cyprus.

justice self-defense

AG Expected to Decide Over Pardon for Grandfather Shooter

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The AttorneyGeneral of Cyprus is deliberating a pardon for an 82yearold man imprisoned for shooting a cable thief on his property, sparking a debate on the rights of homeowners. As the decision hangs in the balance, public sentiment leans towards empathy for the man’s fear and the need to protect property, awaiting a verdict that balances justice and compassion.

luxury craftsmanship

Minthis Welcomes Fine Jewellery Exhibition

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The Minthis Resort in Paphos is hosting a fine jewellery exhibition by renowned artist Maria Kotsoni showcasing elegant, bespoke pieces blending tradition with contemporary design on March 9th and 10th at Plateia. Visitors can experience luxury and artistry starting at 6:30 pm within the resort, celebrating the fusion of art and nature in a setting known for its exclusivity and elegance.

wildlife conservation illegal trapping

Protection groups lambast paltry bird trapping fines

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Bird welfare organizations sound the alarm on the illegal trapping of 435,000 birds, including endangered species, citing lenient laws and lack of enforcement in Cyprus and British bases. They demand stronger fines and resources to protect vulnerable bird populations and combat this cruel practice.

tragic loss unanswered questions

Unanswered Questions in a Tragic Loss at Sea

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Hasan Colgecen, a Turkish lorry driver, vanished on an overnight ferry from Mersin to Famagusta, only for his body to be found off the coast of Ayios Amvrosios. The lack of surveillance on the vessel has left his family with unanswered questions, spurring them to seek legal action for transparency and safety improvements.

music live performances

Live music this week

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This week’s live music events in Cyprus promise a vibrant tapestry of sounds, from Alexis Sunder’s soulful serenade at Prozak café in Nicosia to Yemaya Son de Cuba’s Latininfused fiesta at Sto Dromo in Limassol. Prepare to be captivated by jazz, opera, and more as talented musicians take the stage across the island, offering a delightful symphony for all music lovers to enjoy.

real estate professional development

Cyprus Real Estate Agents Stress Importance of Ongoing Training

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Cyprus real estate agents prioritize ongoing training to stay updated on VAT, taxation, and regulations, ensuring topnotch service quality and client trust. The recent seminar organized by the Cyprus Real Estate Agents Registration Council in collaboration with the Tax Department highlighted the industry’s commitment to excellence and futurefocused approach towards professional development.

finance economy

Cyprus Sees 47 Percent Surge in New Loans, Corporate Borrowing Spikes

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In January 2024, Cyprus experienced a significant 47 percent surge in new loans compared to the previous year, mainly driven by a 379 percent spike in large corporate borrowing, showcasing a strong economic growth and business confidence in the country. While housing loans saw a slight decline, consumer loans surged by 65 percent, indicating a mixed picture of corporate confidence and consumer caution in the financial landscape of Cyprus.

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