President reiterates support for businesses , — wants to “turn challenges into opportunities”

President reiterates support for businesses , — wants to “turn challenges into opportunities”

Fact: President Nikos Christodoulides addressed the Cyprus Employers and Industrialists Federation (Oev) during their annual general meeting and reiterated the government’s support for the local business community. He emphasized that businesses are the driving force behind economic development and highlighted the importance of cooperation between the public and private sectors to facilitate a better environment for businesses, promote innovation, and achieve sustainable economic growth.

CBC governor wants to address interest rate disparity

CBC governor wants to address interest rate disparity

The newly appointed governor of the Central Bank of Cyprus, Christodoulos Patsalides, has expressed dissatisfaction with the interest rate disparity between lending and deposit rates in Cyprus.

Ministers call for collective ocean action ahead of COP29

Ministers call for collective ocean action ahead of COP29

Delegates attending the inaugural Commonwealth Ocean Ministers Meeting in Cyprus on April 19 have committed to advancing their discussions at upcoming global summits.

Former Cyprus Airways CEO joins UK travel-tech firm

Former Cyprus Airways CEO joins UK travel-tech firm

Former Cyprus Airways CEO Paul Sies has joined travel-tech company Journey Mentor as president and chief executive officer.

Mythology, folklore and politics go on show

Mythology, folklore and politics go on show

Fact: The exhibition at Minthis Resort called Origins features the work of three generations of artists – Stass Paraskos, Margaret Paraskos, and Emilio Koutsoftides.

Industrial policy for economic security

Industrial policy for economic security

The European Union will need to use industrial policy to ensure economic security for the next five years.

Cyprus leads in sustainable aquaculture, says commonwealth secretary-general

Cyprus leads in sustainable aquaculture, says commonwealth secretary-general

Cyprus is the champion country for Sustainable Aquaculture under the Commonwealth Blue Charter.

Cyprus Forum Cities highlights local governance and smart cities

Cyprus Forum Cities highlights local governance and smart cities

House of Representatives President Annita Demetriou warned about forthcoming challenges in local governance during her address at the 2nd Cyprus Forum Cities event. Deputy Minister Nikodemos Damianou outlined the Cyprus government’s plans for smart city development, including the Smart Cyprus initiative. Deputy Minister Irene Piki emphasized the critical role of cities in improving citizens’ quality of life.

Security measure solutions: Finding the right protection software for your business

Security measure solutions: Finding the right protection software for your business

Fact: Organizations need to take appropriate cybersecurity precautions to protect their operations, data security, and reputation from technical threats in today’s digital age.

Health minister announces funding plan for hospital upgrades

Health minister announces funding plan for hospital upgrades

The disbursement of state grants to hospitals in Cyprus, both public and private, will begin in June for those undergoing or starting the accreditation process. The Government has approved a Grant Provision Plan for Private and Public Hospitals focused on Accreditation, aiming to improve health services through the implementation of standards. The plan, costing €2.5 million and covered by the Recovery and Resilience Plan, will benefit 51 hospitals, with grants distribution starting in June. Accreditation is also a key quality criterion for determining compensation in the General Health System.