Cyprus was among nine EU member states that recycled more than half the plastic packaging waste generated in the country, according to the latest Eurostat figures. The EU’s statistical office said that in 2019, each person living in the EU generated 34.4 kg of plastic packaging waste, out of which 14.1 kg was recycled. Between 2009 and 2019, the volume of plastic packaging waste generated per...
Demographic and social changes are impacting the international housing market, and of course that of Cyprus. In the US, large companies and high-net-worth individuals who purchase houses and apartments either to resell them or rent them to third parties, currently make-up 20 per cent of all property buyers. This trend has been progressing in an upward direction for the last two years, as people with the...
The government on Friday presented its new strategy for attracting businesses to Cyprus with emphasis, among others, on high technology, shipping, innovation, and research and development, in a bid to turn the island into a business and trade centre in the wider region and Europe. Speaking at the presentation, President Nicos Anastasiades said the strategy includes 12 targeted actions in five pillars that...