Cyprus’ €1.2 billion Resilience and Recovery Plan (RRP) was approved by the EU on July 8, and there are already today a number of projects close to completion, and others in full phase of implementation.

The Cyprus economy is on a path of recovery and growth, with private initiative, employees and local companies as its pillars, Finance Minister Constantinos Petrides said after Q2, GDP spiked 12.8%.

Cyprus is among the top EU Member States as regards the absorption of funds from the EU Cohesion Funds, according to official European Commission statistics (August 2021).

CNN presented a documentary about the underwater sculpture park of Agia Napa noting that  the artist behind the world’s first underwater sculpture park has just unveiled his latest subaquatic project, a spectacular sunken forest located off the coast of Pernera beach in Ayia Napa, Cyprus.

The arrivals of tourists reached 297,308 in July 2021, recording an increase of 358 per cent compared with July 2020, during which 64,914 arrivals were recorded.

The Cyprus economy enters a path of recovery and growth, with private initiative, employees and our companies as its pillars, Minister of Finance Constantinos Petrides stresses in a written statement on the GDP growth rate for the second quarter of 2021.

The European Commission has approved a €1 billion Cypriot scheme to support enterprises and self-employed individuals in the context of the coronavirus outbreak, a press release said on Tuesday.

Larnaca municipality is aiming to redevelop the area of the old oil refineries into a people-friendly, urban space, Mayor Andreas Vyras said on Tuesday.

After 15 years of technical and legal setbacks, Cyprus is set to reintroduce traffic cameras in a test capacity in October, even though legislation for their operation has not yet been passed by the House.

The Civil Registry and Migration Department now provides a new service allowing citizens to be reminded via an sms that their passport and ID card is set to expire, Philenews reports.