Tourists in Cyprus in July spent on average €88 daily, marking an increase of €10 compared to the same month last year, according to the holiday island’s Statistical Service.

The European Commission presented to the Council a proposal to grant financial support of €29 million to Cyprus, bringing its total support to the country to €632 million under the ‘Support to mitigate Unemployment Risks in an Emergency’ (SURE) instrument.

Cypriot Minister of Finance Constantinos Petrides, stressed on Wednesday evening the need to be “even more careful” with the fiscal discipline in the new challenging era, while Central Bank Governor Constantinos Herodotou referred to the risk of new NPLs due to the challenging economic conditions.

The Cyprus Investment Funds Association (CIFA) on Wednesday held an event focusing on the latest developments in Cyprus’ investment funds sector, spearheaded by the association’s president and board of directors.

Cyprus will request specific exemptions from the measures concerning the mandatory reduction of energy demand during peak hours, as well as the imposition of a cap on the additional profits of energy companies that produce energy using lower-cost sources.

The contracts for maintenance work at a building near Piale Pasia Street and the commercial centre in Larnaca were both signed yesterday.

Paphos has received a European Silver “Quality Coast” award for 2022 and has been included among the top 100 “greenest destinations” in Europe, a press release by the Paphos Regional Board of Tourism said on Thursday.

The 9th UNECE Ministerial Conference for the Environment for Europe on October 5-7 is probably the largest high-level summit ever hosted in Cyprus, said Education Minister Prodromos Prodromou.

Revenue from tourism reached €1.217 million in the period of January – July 2022 more than doubling the revenue of the respective period of last year.

Even though, in today’s working world, there are millions of people that are deciding to leave their job for a multitude of reasons, the most unsurprising exodus probably comes from working parents. Juggling virtual learning, working from home and the office, as well as providing care to their children can cause them a lot of pressure and make them feel alone and helpless. Not only do parents have to carry the responsibility of caring for their children and keeping up with the demands of their jobs, but they are also responsible for the unseen mental load of managing a household, helping with schoolwork, and staying connected to their partners. Therefore, little time remains during the day for them to spend it on their own well-being and health.