Vicar General Ioannis Orphanou, a revered Maronite leader in Cyprus for over 60 years, passed away, leaving behind a legacy of unity and service. Recognized globally for his efforts, he was honored by Pope Francis as Protonotary Apostolic for bridging communities and establishing essential structures within the Maronite church.
The UK government has clarified that British bases in Cyprus have not hosted Israeli military aircraft or personnel, dispelling rumors amid tensions between Israel and Hamas. Despite heightened regional conflicts, the UK encourages moderation, supports UN peacekeeping efforts, and emphasizes transparency in its diplomatic engagements.
The Church of Cyprus is commemorating the 50year anniversary of the Turkish invasion with a series of reflective events, including a special liturgy at the Kyrenia bishopric emphasizing the nation’s resistance and hope for justice and reunification. The Archbishop’s message highlights the Church’s unwavering stance against enduring consequences of the invasion, advocating for human rights and territorial integrity while uniting individuals in a common cause of seeking resolution and reconciliation.
The EU has shown unwavering support for Cyprus amidst threats from Hezbollah, emphasizing deescalation and peace initiatives. Global powers, including the United States and Greece, stand in solidarity with Cyprus, hinting at potential diplomatic engagements for regional stability.
An explosion at a café in Strovolos, Nicosia, caused by a suspected improvised explosive device, left no injuries among the staff. Authorities are investigating the motives behind the incident, as the community grapples with a sense of unease following the unexpected violation of safety in a typically peaceful neighborhood.
Cyprus’ inaugural parkour competition, Renegade in Action, ignited Nicosia’s Eleftheria Square with 22 athletes displaying speed, agility, and creativity in a vibrant community atmosphere, marking a significant milestone in the country’s athletic landscape. The event showcased the artistry of movement, blending athleticism with cultural fairground vibes, while celebrating individuality and the evolving global phenomenon of parkour.
Cyprus is standing in solidarity with Greece by offering assistance in fighting the wildfires, with firefighter teams and aircraft on standby to help combat the devastating blazes. The regional cooperation between Cyprus and Greece showcases a shared spirit of resilience and support in the face of natural disasters, highlighting the importance of international solidarity during times of crisis.
Cyprus strategically issued a 7year bond, raising €1 billion amidst favorable market conditions and recent credit rating upgrades. With €9.6 billion in offers, the move showcased Cyprus’ commitment to reducing debt and maintaining a strong market presence.
Recent reports suggesting Alpha Holdings’ negotiations to acquire a stake in Bank of Cyprus were swiftly denied by the company, sparking discussions in the financial sector. Meanwhile, hoteliers in Famagusta and Larnaca anticipate high occupancy rates during the upcoming Kataklysmos holiday, signaling a positive trend for the region’s economy.
In recent months, inflation has caused consumer prices, particularly for essential goods like seafood and fresh meat, to surge, impacting household budgets significantly. By May, inflation had risen to 2.7%, driven by increased costs for agricultural products leading to a 1.82% food inflation for JanuaryMay 2024.
