government

€50 million investment drives luxury housing in Livadia

by
€50 million investment drives luxury housing in Livadia

Livadia is one of the most rapidly developing areas of Cyprus, with significant investments and construction growth. The area has seen a surge in interest following the removal of oil tanks and the lifting of the Seveso directive. A €50 million investment from an Israeli company is underway for luxury apartments, with plans for a boutique hotel. Road works are needed to accommodate the population increase, including the completion of Panagouli Avenue. The area also requires new schools, with projects underway for a regional Primary School and redevelopment of the traditional core of the community.

Australia bank CEOs call for a fix to housing shortage

by
Australia bank CEOs call for a fix to housing shortage

Australia’s housing shortage is driving prices higher and locking out first-time homeowners and migrants needed to fill skills shortages across the country, according to the CEOs of Australia’s three largest banks.

Interior Minister sees signs of solution to Cyprus problem

by
Interior Minister sees signs of solution to Cyprus problem

Interior Minister Constantinos Ioannou stated that the government can see signs of a potential solution to the Cyprus problem in the near future.

Fuel prices surge after government tax measures end

by
Fuel prices surge after government tax measures end

Fuel prices have surged following the termination of the government’s zero tax measure on petrol and diesel, resulting in an average increase of 8.3 cents per litre. The average price of unleaded 95 fuel was €1.413,47.

The good, the bad and the reality of autism

by
The good, the bad and the reality of autism

The fact described in the text is that there is a lack of integrated care for individuals with autism over the age of 21.

Erdogan’s rival leads in Istanbul in high-stakes Turkey vote

by
Erdogan’s rival leads in Istanbul in high-stakes Turkey vote

Istanbul Mayor Ekrem Imamoglu led a challenger from President Tayyip Erdogan’s AK Party in local elections, potentially boosting the Turkish opposition. In Ankara, incumbent opposition mayor Mansur Yavas declared victory over his AK Party challenger. Violence erupted in some cities in eastern Turkey related to the election of neighborhood officials. Imamoglu had 50% support compared to 41.26% for AK Party challenger Murat Kurum. The CHP is leading nationwide by almost 39% of the votes. Analysts suggest that a poor showing for AKP could loosen Erdogan’s control of Turkey. Imamoglu’s win could signal potential change in Turkey’s political landscape.

US rejected Turkish demands to ‘kill’ Cyprus humanitarian corridor to Gaza

by
US rejected Turkish demands to ‘kill’ Cyprus humanitarian corridor to Gaza

Ankara has been trying to derail the ‘Amaltheia’ plan by seeking to sabotage any planning involving the Republic of Cyprus, with Turkish officials making arguments against the Cyprus maritime corridor. However, Washington has supported the Cypriot initiative and ignored Ankara’s attempts to persuade Arab governments that Cyprus is involved in transferring weapons to Israel. Turkey has also resorted to providing its own humanitarian assistance to Gaza in an attempt to block the maritime corridor. Despite this, ‘Amaltheia’ has received international support. Washington is attempting a rapprochement with Ankara, with Turkish President Tayip Erdogan scheduled to visit the States on May 9th. Cyprus has proven to be a trustworthy and reliable asset in the region.

Empowering equality: Vision leads to progress

by
Empowering equality: Vision leads to progress

The text is a speech given by the First Lady of Cyprus, Philippa Karsera-Christodoulides, at the Women Leaders’ Forum. She discusses the importance of empowering equality, having a vision for inclusive participation and social transformation, and the need for women to be more involved in decision-making roles. The fact described in the text is that in the composition of the Council of Ministers in Cyprus, women make up 39%, and in the Boards of Directors of semi-government organizations, women make up 40%, especially in the positions of presidents and vice presidents.

Christodoulides to meet halloumi stakeholders in April

by
Christodoulides to meet halloumi stakeholders in April

Fact: The deadline for goat and sheep milk to make up half of PDO halloumi has been extended to 2029.

Opinion: Dear Ontario: Corporate subsidies aren’t the path to prosperity

by
Opinion: Dear Ontario: Corporate subsidies aren’t the path to prosperity

The Ontario budget included an extra 0 million for the Invest Ontario Fund to give more funds to large businesses. Ontario has overtaken Quebec as the biggest champion of taxpayer-funded subsidies, spending an average of .1 billion a year on corporate handouts since 2018. The author argues that cutting corporate taxes and eliminating corporate welfare would attract more businesses to Ontario and stimulate economic growth.