French Jazz evenings in Cyprus

French Jazz evenings in Cyprus

Cyprus, are you ready for some French jazz? This June, the wonderful French Jazz and Swing Quintet Divarco will make their Cyprus debut with two performances in Limassol and Nicosia that promise to serenade the night away.Based in Greece, the quintet is known for its exquisite renditions of quintessential 30s and 40s swinging jazz favourites. … Read more

Major developments underway in Cyprus

Major developments underway in Cyprus

Cyprus is experiencing a significant development boom with billions of euros being invested in various projects, including infrastructure improvements, new marinas, hotels, medical centers, university buildings, golf courses, schools, and residential properties. These projects are expected to bring multiple benefits to the country, transforming its landscape and contributing to economic growth. Major investments include golf resorts like Limassol Hills and Eagle Pine, as well as marinas such as Larnaca Marina and the upcoming Paralimni Marina. Education-related developments are also underway, and road infrastructure projects across the island are crucial for improving residents’ quality of life.

Rich migrants are welcome in Cyprus

Rich migrants are welcome in Cyprus

Cyprus is considering easing residency permit requirements for foreign nationals under a proposed bill. The proposal would grant residency permits to third-country nationals who invest €250,000 in housing and have an annual income of €40,000. The bill also includes provisions for additional family members. The proposal is currently being debated in the House Internal Affairs Committee. Some stakeholders suggest lowering the housing investment threshold to €150,000 to facilitate purchases of existing homes, while others argue that this could drive up housing demand and prices, negatively impacting local buyers. The regulations aim to attract foreign investment while ensuring financial stability for those obtaining residency, covering various categories of foreigners.

Five porn companies operating in Cyprus

Five porn companies operating in Cyprus

Cyprus has five platforms distributing pornographic material, as confirmed by the Broadcasting Authority in response to a question from AKEL MP Nikos Kettiros. The Authority is responsible for overseeing video-sharing services, including those sharing adult content, in accordance with EU regulations. The platforms are required to inform the Authority of their establishment and submit relevant Notification Forms for examination.

Because it's FASHION

Because it's FASHION

The text discusses the credibility of the Economist as an economic media source and criticizes the trend of following popular opinions without critical thinking. It mentions an article published by the Economist in September 2019 about the impressive returns of Austria's centennial bond. The text also highlights the danger of blindly following trends and the importance of thoughtful analysis.

A law was passed to suspend sales for an application to the Rent Against Installment plan

A law was passed to suspend sales for an application to the Rent Against Installment plan

The Greek Parliament has approved a law that allows the suspension of the foreclosure process for homes with applications to the "Rent in Exchange for Installments" program. The law also allows for objections to be submitted for participation in the program. The proposal was made by AKEL MPs and received majority support. The law ensures the right of applicants to suspend the auction of their primary residence. A majority vote also approved an amendment that allows objections to be considered during the suspension process. The amendment was proposed by a member of the Ecological Movement – Citizens' Cooperation party. The law was praised by various political parties and stakeholders involved in the process.