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Ena Foundation Launches New Era of Collective Progress In Cyprus

Introduction

In a landmark initiative aimed at fostering a more equitable and resilient society, the Ena Foundation has officially commenced its operations in Cyprus. This independent, non-profit organization is committed to mobilizing the power of every individual, act, and community to drive collective progress and generate lasting societal impact.

Mission And Vision

Founded by entrepreneur Tasos Papanastasiou and co-founded by Christiana Panagi, the Ena Foundation is inspired by deep-rooted Cypriot and Greek values of unity, integrity, and selfless generosity. The organization is funded primarily through private resources and is dedicated to enhancing social progress through concrete, sustainable initiatives.

Empowering Athlete Careers

Central to its suite of programs is Beyond The Medal, a pioneering initiative designed to support Olympic and Paralympic-level athletes. Recognizing that an athlete’s journey extends well beyond the playing field, the program is structured to promote dual careers by integrating educational advancement with athletic success. With targeted support through the 2028 Olympic Games, the initiative emphasizes the importance of continuous learning and perseverance, as evidenced by the commitment of the first eight athletes who have joined the program.

Grants For Change

The Grants For Change initiative seeks to empower local communities by providing up to €20,000 in funding to projects that foster empowerment and promote the social inclusion of vulnerable groups. Currently under evaluation, selected projects will be announced in mid-November, setting the stage for transformative community impact and sustainable project development.

Envision Together: Revitalizing Public Spaces

Further reinforcing its commitment to social cohesion, the Ena Foundation has introduced Envision Together, a program dedicated to enhancing public spaces. By improving parks and communal infrastructure, the organization aims to create vibrant spaces that encourage social interaction and strengthen community bonds. Upcoming projects under this initiative are poised to redefine communal life and quality of living for local residents.

Leadership And A Call To Action

Driven by a philosophy that success is measured by one’s ability to uplift others, the Ena Foundation’s leadership emphasizes transparency, strategic partnerships, and the power of collective action. As coordinator Anastasia Ellina notes, the foundation is evolving to support innovative, sustainable solutions in partnership with society. Likewise, Constantinos Kkaili reinforces the importance of collaboration in driving social progress.

Conclusion

The Ena Foundation firmly believes that change begins with one person, one act, and one community. By uniting citizens, organizations, and stakeholders in a shared journey toward progress, the foundation sets a new standard for social contribution and tangible change in Cyprus.

Brussels Urges Immediate EU Approval Of New Russia Sanctions And €90 Billion Ukraine Aid Plan

Strategic Support For Ukraine Amid Crisis

The Economic and Financial Affairs Council, meeting under the Cyprus Presidency, approved a €90 billion loan package intended to cover Ukraine’s financing needs for 2026 and 2027. The initiative, backed by both the European Parliament and the European Commission, is scheduled to begin disbursements in the second quarter of 2026, reinforcing Europe’s financial support for Ukraine as the conflict with Russia continues.

A Coordinated European Response

Following the council meeting, Finance Minister Makis Keravnos emphasized the urgency of immediate financing measures. Designed to counter the economic disruption caused by ongoing Russian military actions, the council also approved amendments aimed at accelerating Lithuania’s recovery and resilience plan. Within the framework of the Recovery and Resilience Facility, approximately €394 billion has already been disbursed, accounting for about 68% of the originally allocated funds.

Bolstering Defence And Fiscal Stability

In efforts to strengthen defence capabilities across the bloc, the council activated the national escape clause for Austria for four years. This measure paves the way for a gradual increase in defence spending while ensuring fiscal balance remains intact. Complementing these decisions, eight implementing decisions under the Security Action for Europe instrument have been adopted, thus facilitating the provision of affordable long-term loans aimed at modernising defence equipment and bolstering overall readiness among participating member states.

Enhanced Sanctions and Financial Oversight

In tandem with the support measures for Ukraine, the council updated the EU list of non-cooperative tax jurisdictions, incorporating Vietnam and the Turks and Caicos Islands while removing Fiji, Samoa, and Trinidad and Tobago. At the same press conference, Economy and Productivity Commissioner Valdis Dombrovskis underlined the pressing need to intensify sanctions against Russia. With reports confirming continued attacks on energy infrastructure throughout winter, the Commission is pushing forward with a 20th sanctions package aimed at curbing Russia’s trade, energy, and financial services activities. The legislative process for these sanctions, bolstered by robust parliamentary support, is expected to conclude within the coming week.

Ongoing Initiatives and Fiscal Controls

Commissioner Dombrovskis also provided updates on the Recovery and Resilience Facility, emphasizing strides towards an accelerated implementation process ahead of the August deadline. Furthermore, the SAFE defence investment instrument continues to progress with promising evaluations from 16 member states, nearly €113 billion in SAFE loans disbursed, and additional assessments forthcoming. This comprehensive approach underscores the EU’s commitment to fiscal prudence while simultaneously addressing defence and security imperatives.

Conclusion

As Brussels navigates a complex geopolitical landscape, these strategic initiatives demonstrate a balanced approach to reinforcing regional security, supporting Ukraine, and maintaining fiscal discipline. The rapid progression of these measures is emblematic of the EU’s proactive stance, ensuring that the bloc remains well-equipped to address both immediate challenges and long-term structural changes in a turbulent global environment.

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