Fans will be subjected to random alcohol and drug tests on entry to sports venues, while police have the power to call off games if deemed extremely high risk under new measures to curb violence. The government decision comes after hooligans smashed Nicosia’s Eleftheria indoor stadium and torched the nearby offices of the Cyprus Public
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About 27 immigrants per 1000 people arrived in Cyprus from countries outside the European Union last year, one of the highest ratios in the bloc, according to Eurostat data. Some 22.7% of citizens in Cyprus were foreign-born, the third largest percentage in the EU. Also, Cyprus has the second largest share of citizens born in
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Interior Minister Constantinos Ioannou said Cyprus’ real estate investments would continue upward in 2023 despite being affected by adverse conditions and external shocks. Speaking at the 17th Land Development Conference in Nicosia, the minister said the real estate sector is one of the most important pillars of the Cypriot economy. The government aims to modernise
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The Finance Ministry has stressed the importance of having stable legislation regulating out-of-court auctions in tandem with an effective insolvency framework to achieve a reduction of bad loans. “It is extremely important under present difficult economic circumstances which have been created from the impact of the Russian war in Ukraine, to maintain the sustainability of restructured
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Four out of ten motorcyclists killed in Cyprus road collisions did not wear a crash helmet, according to a European Transport Safety Council (ETSC) report. As revealed by the survey, Cyprus had the second highest rate at 43% noncompliance, among 12 EU countries that provided data for helmet wearing. Among recommendations, the report calls for
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Energy Minister George Papanastasiou said there is potential for the Eastern Mediterranean region to contribute to the diversification of the EU’s energy sources during its transition from natural gas to new renewables and hydrogen. In Brussels, Member States agreed on the Council’s general approach to the package of proposals on natural gas and hydrogen to
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Cyprus police intervened to end speculation over an alleged cover-up of a teenager’s unresolved and forgotten road fatality in 2012, allegedly involving high-profile individuals. In a statement, the police refuted any attempt of a coverup, saying the persons “photographed” in social media posts did not, at the time, own motor vehicles of the same type,
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Cyprus is being battered by strong gusts, with the Met Office issuing a yellow warning for gale-force winds picking up speed later Wednesday. The Met Office said that near-gale and north-westerly winds, between 6 and 7 on the Beaufort, were expected to affect areas in Limassol and Paphos, moving across the rest of the island.
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Six leading investment applications have recorded a cumulative 131.22 mln downloads globally since their inception, with the downloads covering the period between 2015 and February 2023, according to data acquired by Finbold up to March 28. Investment apps are revolutionising how people access different investment products, contributing to a shift from traditional brokerage platforms, said
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Family businesses with a company purpose connected to the United Nations’ Sustainable Development Goals (SDGs) are performing better than their peers across multiple financial and social metrics, according to PwC’s Global Family Business Survey. The report, Transform to Build Trust, polled over 2,000 family businesses across 82 countries between October 2022 and January 2023, revealing
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