To follow is a Q&A session with Dr. Charis Savvides, Partner of Stelios Americanos & Co LLC on the topic of Crypto & Asset Tokenization: Regulatory Developments.

Debt as a percentage of Gross Domestic Product (debt ratio) of households has decreased by nearly 30% and for non-financial corporations 57% in the last five years, the Central Bank announced on Monday.

The Retail Turnover Value Index increased by 7.7% in March 2022 in comparison to the corresponding month of the previous year, according to data published by the statistical service on Monday.

The Municipalities of Paphos and Yeroskipou had proposed the construction of 13 detached breakwaters and eight vertical groynes of 1.5 meters above average sea level.

Aegean flights from Athens to Paphos have been extended until the end of October 2022, according to an announcement by the Paphos region Tourism Development and Promotion office.

The European Union acknowledges the role Cyprus can play as an alternative energy supplier in the coming years as the bloc looks to reduce its dependency on Russian natural gas, Energy Minister Natasa Pilides said on Tuesday.

The government is determined to continue the support it has been providing to vulnerable population groups against rising inflationary trends said Finance Minister Constantinos Petrides, speaking on the sidelines of the presentation of the Sponsorship Scheme for Student Dormitories and Rooms in the old city of Nicosia.

Work on the Paphos-Polis highway is expected to start in July, a project that has been neglected for decades, which will help improve road safety and raise awareness about the area, helping in its tourism and economic development.

Hundreds of women freeze their eggs every year in Cyprus, the only country in the world that subsides over two thirds of the cost.

Incentives for the creation of student residences within walled city of Nicosia is another step towards the permanent revitalisation of the area, Interior Minister Nicos Nouris said on Monday.