The government is preparing to press the button for rapid creation of new housing without pouring new concrete, through an urban planning regulation that is set to reshape the real estate market. According to reports, the way is opening for the fast conversion of existing properties currently designated for non-residential use—such as offices, shops, old hotels, and commercial or tourist buildings—into residences, even in cases where existing Presidential Decrees or General Urban Plans do not allow it.

Cyprus’ political scene has been shaken since Thursday afternoon by the posting on X of a video showing former Energy Minister Giorgos Lakkotrypis, the Director of the Office of President Christodoulides, Charalambos Charalambous, and the Director of the Cyfield Group, Giorgos Chrysokhos, speaking in a manner that suggests the Cypriot president’s team used cash for his election campaign, exceeding the legally prescribed limit of €1 million.

New decisions are expected tomorrow, as farmers plan to determine their next steps. Specifically, at 11 a.m., a meeting is scheduled in Malgara to set the exact time when farmers will reopen the National Road. Then, at noon, farmers in Halkidiki will withdraw their tractors and allow traffic on the Thessaloniki-Moudania National Road at the Triglia junction.

A video leaked today on platform X has caused a political uproar, as it casts doubts on the financing of Nikos Christodoulides’ 2023 presidential campaign, as well as on mechanisms for access to the Presidential Palace by individuals presenting themselves as potential investors.