Authorities have approved the first renewable energy storage systems in Cyprus, as suppliers of electricity generated from renewables are losing around €40 million annually due to discarded energy.
Foreign Minister Constantinos Kombos emphasized the importance of de-escalation and self-restraint in the Middle East during an informal teleconference of EU foreign ministers. The government is deeply concerned about recent developments and will continue discussions at the Foreign Affairs Council meeting on Monday.
Rafa Nadal made a winning return at the Barcelona Open, defeating Flavio Cobolli in his first tournament since January.
![Paris 2024 torch lit in ancient Olympia [PHOTOS+VIDEO]](https://ch.jfdi.cc/wp-content/uploads/2024/04/paris-2024-torch-lit-in-ancient-olympia-photosvideo.jpg)
The torch for the Paris 2024 Olympic Games was lit in ancient Olympia in a traditional ceremony. The torch was lit by Greek actress Mary Mina using a backup flame due to cloudy skies. The torch relay will culminate with the lighting of the Olympic flame in Paris at the opening ceremony. Russian and Belarusian athletes will compete as neutral athletes with no national flag or anthem. The torch relay began with Greece’s Olympic rowing champion Stefanos Ntouskos passing the flame to France’s three-time Olympic medallist in swimming, Laure Manaudou. The French torch relay will last 68 days and end in Paris on July 26.
The text discusses the potential impact of corporate tax hikes on Canada’s productivity.
Fact: Andy Murray will not undergo surgery on the ankle he injured at the Miami Open last month.
Fact: Donald Trump is the first former U.S. president to face criminal charges.
The social insurance fund (SIF) in Cyprus is financially viable until at least the year 2080, based on an actuarial study outlined by Labour Minister Yiannis Panayiotou. The study found that the fund’s revenues are sufficient to cover annual increases in spending on pensions, and the reserves of the SIF are at satisfactory levels. The analysis determined that it is not necessary to raise the retirement age until the next review in 2025. The International Labour Organisation recommended diversifying the SIF’s investment portfolio and gradually altering its investment policy. The review’s findings will serve as a baseline for the planned pension reform of 2025.
Fact: Deputy Minister of Tourism Kostas Koumis and Ambassador Khaled Yusuf Ahmed Al Jalahma from the Kingdom of Bahrain held a meeting in Nicosia to discuss tourism relations between the two countries, with a focus on air links.
A 25-year-old man from Paphos was handed a five-year prison sentence for carrying out two armed robberies at the same kiosk. During a search of his apartment, police found a dummy gun, a black balaclava, black gloves, €195 in cash, a pair of shoes, and black clothes.