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Larnaca Named ‘Green City Of Cyprus’ For Sustainable Beach Project

by THEFUTURE.TEAM
March 14, 2025

Cyprus is taking giant strides in sustainability, with three standout recipients set to receive recognition for their environmental commitment. The Municipality of Larnaca, the Limassol District Local Government Organization, and the Cyprus Institute of Neurology & Genetics (CING) have earned their place in the spotlight, each contributing to the protection of biodiversity, water management, and eco-friendly practices. Here’s a look at how these green leaders are paving the way for a sustainable future.

Larnaca Shines As The Green City Of Cyprus

At the heart of Cyprus’ environmental progress, Larnaca Municipality has been crowned the “Green City of Cyprus” in the Pan-Cypriot Green Cities and Green Communities Awards 2024. The honor comes as recognition for its pioneering “Greener Beaches” project in Voroklini, which clinched the award in the “Green Areas – Urban Biodiversity” category.

Larnaca’s commitment to sustainability is not just about beautification—it’s about actively preserving biodiversity and boosting the city’s environmental footprint. Joining the Network of Green Cities & Communities of Cyprus, a collaboration established by the Cyprus Center for Environmental Research and Education (CCEREE), the municipality solidifies its role in fostering sustainable urban development. As officials highlight, the future of Larnaca remains focused on balancing urban growth with nature conservation for the benefit of both residents and the planet.

Limassol District Government Wins Silver Medal For Sustainability

Limassol’s efforts to integrate sustainable policies into everyday governance have earned the Limassol District Local Government Organization the prestigious Silver Environmental Medal for Environmental Policies and Actions at the Pan-Cypriot Environmental Awards 2024.

The recognition highlights the district’s significant contributions to environmental conservation, which include:

  • Advanced sewerage infrastructure and flood protection initiatives
  • Eco-conscious water supply systems incorporating cutting-edge technology
  • Water-saving initiatives, such as recycled water production
  • The use of renewable energy and extensive recycling programs

Yiannis Tsoulοftas, President of the Limassol Water Board, reinforced the organization’s commitment to sustainable development, emphasizing that these efforts serve both the community and the environment. The award will be presented by the President of the Republic of Cyprus in an upcoming ceremony at the Presidential Palace, underscoring the government’s dedication to making green initiatives an integral part of the local governance.

CING Continues Its Commitment To Sustainability With A Silver Medal

For the third consecutive year, the Cyprus Institute of Neurology & Genetics (CING) has earned the Silver Environmental Medal for Environmental Policies and Actions at the Pan-Cypriot Environmental Awards. This recognition further solidifies the institute’s dedication to environmental responsibility, aligning its operations with sustainable practices even in the highly regulated healthcare sector.

Professor Leonidas Phylactou, General Executive and Medical Director of CING, stressed that sustainability is deeply embedded in the institute’s ethos. As a healthcare provider, CING ensures its activities adhere to top-tier environmental standards, continually refining its approach to minimize environmental impact while enhancing healthcare delivery.

Larnaca’s Green Beaches—A Model For Sustainable Development

Larnaca’s “Greener Beaches” initiative—focused on transforming Voroklini into one of the most eco-friendly beach destinations on the island—has earned the municipality its well-deserved recognition. The project is designed to promote urban biodiversity while creating spaces where both residents and tourists can enjoy the beauty of Cyprus’ natural coastal environment. The project is just one example of how Cyprus’ municipalities are not only enhancing their local environments but also leading the charge in environmental education and sustainable urban planning.

With the support of the Cyprus Center for Environmental Research and Education, Larnaca now joins a network of forward-thinking municipalities, making a lasting impact on sustainable development at the national level.

As Cyprus continues to push forward with green initiatives, these awardees are proof that innovation in sustainability can drive real change. By combining bold environmental strategies with a commitment to social and community well-being, the Municipality of Larnaca, Limassol District, and CING are setting a high bar for other organizations to follow. The recognition they receive at the Pan-Cypriot Environmental Awards serves as a reminder that sustainability isn’t just about protecting the environment—it’s about building a better, greener future for all.

Strained Household Finances: Eurostat Data Reveals Persistent Payment Delays Across Europe and in Cyprus

by THEFUTURE.TEAM
November 22, 2025

Improved Financial Resilience Amid Ongoing Strains

Over the past decade, Cypriot households have significantly increased their ability to manage debts—not only bank loans but also rent and utility bills. However, recent Eurostat data indicates that Cyprus continues to lag behind the European average when it comes to covering financial obligations on time.

Household Coping Strategies and the Limits of Payment Flexibility

While many families are managing their fixed expenses with relative ease, one in three Cypriots struggles to cover unexpected costs. This delicate balancing act highlights how routine payments such as mortgage installments, rent, and utility bills are met, but precariously so, with little room for unplanned financial shocks.

Breaking Down Payment Delays Across the European Union

Eurostat reports that nearly 9.2% of the EU population experienced delays with their housing loans, rent, utility bills, or installment payments in 2024. The situation is more acute among vulnerable groups: 17.2% of individuals in single-parent households with dependent children and 16.6% in households with two adults managing three or more dependents faced payment delays. In every EU nation, single-parent households exhibited higher delay rates compared to the overall population.

Cyprus in the Crosshairs: High Rates of Financial Delays

Although Cyprus recorded a notable 19.1 percentage point improvement from 2015 to 2024 in delays related to mortgages, rent, and utility bills, the island nation still ranks among the top five countries with the highest delay rates. As of 2024, 12.5% of the Cypriot population had outstanding housing loans or rent and overdue utility bills. In contrast, Greece tops the list with 42.8%, followed by Bulgaria (18.7%), Romania (15.3%), Spain (14.2%), and other EU members. Notably, 19 out of 27 EU countries reported delay rates below 10%, with Czech Republic (3.4%) and Netherlands (3.9%) leading the pack.

Selective Improvements and Emerging Concerns

Between 2015 and 2024, the overall EU population saw a 2.6 percentage point decline in payment delays. Despite this, certain countries experienced increases: Luxembourg (+3.3 percentage points), Spain (+2.5 percentage points), and Germany (+2.0 percentage points) saw a rise in payment delays, reflecting underlying economic pressures that continue to challenge financial stability.

Economic Insecurity and the Unprepared for Emergencies

Another critical indicator explored by Eurostat is the prevalence of economic insecurity—the proportion of the population unable to handle unexpected financial expenses. In 2024, 30% of the EU population reported being unable to cover unforeseen costs, a modest improvement of 1.2 percentage points from 2023 and a significant 7.4 percentage point drop compared to a decade ago. In Cyprus, while 34.8% still report difficulty handling emergencies, this marks a drastic improvement from 2015, when the figure stood at 60.5%.

A Broader EU Perspective

Importantly, no EU country in 2024 had more than half of its population facing economic insecurity—a notable improvement from 2015, when over 50% of the population in nine countries reported such challenges. These figures underscore both progress and persistent vulnerabilities within European households, urging policymakers to consider targeted measures for enhancing financial resilience.

For further insights and detailed analysis, refer to the original reports on Philenews and Housing Loans.

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