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Cyprus Now Offers Higher Film Cash Rebate Than Malta

Cyprus Now Offers Higher Film Cash Rebate Than Malta
Sep 18 2023 Share

In a significant move to bolster its presence on the global film production stage, Cyprus has extended its cash rebate programme titled ‘Olivewood’ for an additional three years and increased the cash rebate offered to production to 45%. 

Previously, Cyprus, like Malta, offered a 40% cash rebate to filmmakers, an incentive that had already attracted numerous productions to its shores. Now, with the reimbursement level raised to 45%, Cyprus is poised to become an even more attractive destination for filmmakers seeking financial incentives for their projects.

The Olivewood programme was initially introduced by the National Investment Agency – Invest Cyprus in 2019 as a strategic initiative to draw foreign film investments to Cyprus while concurrently boosting domestic film production.

Cyprus Finance Minister Makis Keravnos emphasised the program’s continued importance, highlighting the substantial benefits it has brought to Cyprus. He noted that a comprehensive evaluation of the programme’s data revealed remarkable advantages, including a significant increase in the number of Cypriot professionals employed in the film and audiovisual sector. Keravnos also underscored the cost-effectiveness of the programme, highlighting that the government had invested €1 million in it, which has resulted in a remarkable return of €5.5 million. This return on investment not only showcases the economic viability of the programme but also demonstrates how it can stimulate job growth and contribute to the nation’s economy.

It’s worth noting that this significant expansion of Cyprus’ cash rebate programme comes at a time when many countries are actively competing to attract film productions.

The film industry is a valuable contributor to a nation’s economy, providing jobs and fostering tourism. Comparatively, Cyprus now offers a 45% cash rebate, surpassing the 40% cash rebate offered by Malta, that has also been successful in attracting film productions. Other countries in Europe that have similar or higher incentives than Malta are Italy, France, Greece, Belgium and Canary Islands – the latter two boasting a 42% tax shelter and a 50% cash rebate respectively.

This higher cash rebate further solidifies Cyprus’ status as a top contender in the international film production industry, making it a more appealing option for filmmakers and producers seeking financial incentives to bring their projects to life.

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Autumn-Winter Wonderland: 5 Must-Try Activities in Gozo

Autumn-Winter Wonderland: 5 Must-Try Activities in Gozo
Sep 18 2023 Share

As the summer sun mellows and the first hints of Autumn’s embrace appear, a seasonal paradise awaits to be discovered. While Gozo is often celebrated for its idyllic summer landscapes, but its allure doesn’t wane with the changing seasons. In fact, Autumn and Winter bring their own unique enchantments to this Mediterranean gem. From cozy countryside retreats to exhilarating cliffside hikes, Gozo offers a delightful array of activities to warm your heart during the cooler months.

Cozy Countryside Retreats

Nestle into Gozo’s charming countryside retreats! Book a quaint cottage and snuggle up with a hot cup of tea or coffee as you soak in the serene views of rolling hills and ancient villages blanketed in autumnal colours.

Kite Extravaganza

The International Kite and Wind Festival, held in Għarb, is a beloved event that promises a colourful extravaganza featuring kites from all over the world, acrobatic kite displays, live music, and family-friendly activities. This vibrant festival will leave you in awe as kites of all shapes and sizes fill the Gozitan sky, making for a memorable winter spectacle.

Hiking Adventures

Embrace the crisp air with our sister island’s hiking adventures! Gozo offers breathtaking coastal trails that come alive in the autumn-winter months. Traverse rugged cliffs and witness dramatic sea views as you explore hidden coves and secret caves along the way.

Foodie Delights

Indulge in Gozo’s delectable winter cuisine! Savour traditional Maltese dishes like rabbit stew, pastizzi, and Gozitan cheeselets. Also don’t miss the seasonal treats like honey rings, figolli and prinjolata, baked to perfection for a sweet escape.

Opera is Gozo

October is Opera month in Gozo! Immerse yourself in the world of opera with enchanting performances in Gozo’s historic venues. Experience the power and beauty of music in a setting like no other, adding a touch of elegance to your autumn visit.

Gozo isn’t just a summer paradise; it’s a year-round destination waiting to be explored! From cozy getaways to thrilling adventures, cultural experiences like Opera is Gozo, and lively festivals like The International Kite and Wind Festival, this Mediterranean gem offers a unique autumn-winter experience that will leave you enchanted. So pack your bags and head to Gozo for a magical seasonal escape!

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It’s Not Entertainment, It’s Slavery: Activists Protest Karozzini

It's Not Entertainment, It's Slavery: Activists Protest Karozzini
Sep 18 2023 Share

Animal Liberation Malta activists blocked the Mdina Bridge in a protest aimed at raising awareness at the need to ban karozzini.

During the protest activists chanted “Din Mohqrija – Mhux tradizzjoni” and “It’s not entertainment – it’s slavery” just meters away from the Karozzini venda. 

They said that Karozzini today only serve as a tourist attraction. Animal Liberation Malta stated that from a tourism standpoint there is a global move against horse drawn carriages with more and more cities around the world taking the step to banning this cruel practice. The list includes Montreal (Canada), Barcelona, Prague, Melbourne, Chicago, Salt Lake City and Palma de Mallorca.

Animal Liberation Malta has been advocating to the transition to electric would be an ideal solution for Malta. An activist from Animal Liberation Malta said during the event that “we are proposing solutions that are sustainable and at the same time animal friendly. 

We recommend that Transport Malta should issue a special grant for cabby drivers for them to go electric. Apart from the transition to electrification, we also propose that no new licences for cabby drivers should be issued. Furthermore, a grandfather clause should be triggered whereby existing horses will be allowed to continue working, yet upon retiring the cabby owner cannot replace the horse with a new horse but rather go to an electric option.”

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Discover Spanish Cuisine on a Whole New Level at Mellieha’s Newest Spot Espiral

Sep 18 2023 Share

Nestled in the heart of the charming Mellieha Sanctuary Square, a culinary gem awaits those with a penchant for extraordinary dining experiences.

Espiral, a new Spanish fusion restaurant, is taking the island by storm with its innovative fusion of traditional Spanish flavours and a modern twist that’s as captivating as it is delicious.

A Taste of Spain with a Modern Twist

Espiral is where gastronomy meets artistry. It’s not just a restaurant; it’s an immersive experience that tells a story of growth and transformation, symbolised by the elegant spiral forms that adorn its interiors. As soon as you step inside, you’ll be transported to the lively streets of Spain, where the rich tapestry of Spanish culture and cuisine come together in perfect harmony.

A Diverse Menu to Satisfy Every Palate

Prepare to embark on a culinary journey that’s sure to tantalise your taste buds. Espiral boasts a diverse menu that caters to all tastes. From the first bite of their delectable tapas to the last spoonful of their fragrant paellas, each dish is a masterpiece. The seafood dishes, fresh and succulent, are a testament to the restaurant’s commitment to quality and flavour.

Wine Cellar of Dreams

For wine enthusiasts, Espiral is nothing short of paradise. Their impressive wine cellar houses an extensive selection of wines from both the region and around the world. Whether you’re a seasoned connoisseur or just beginning your wine journey, the knowledgeable sommeliers at Espiral will guide you to the perfect bottle to enhance your dining experience.

Cocktail Artistry at Its Finest

If you prefer your libations shaken or stirred, Espiral’s cocktail menu is a work of art. Each cocktail is meticulously crafted to complement the flavours of the restaurant’s dishes. From the classic allure of Spanish sangrias to innovative mixology creations, these cocktails are the perfect accompaniment to your culinary adventure.

Where Tradition Meets Innovation

Espiral doesn’t just serve food; it tells a story. The spiral forms within the restaurant are symbolic of growth, and this narrative is reflected in every dish served. The blend of tradition and innovation is the secret behind Espiral’s success, creating a dining experience that’s as memorable as it is delicious.

Whether you’re looking for a romantic evening, a gathering with friends, or a cultural immersion, Espiral promises an unforgettable experience that will leave your taste buds dancing with delight. So head to Mellieha’s Sanctuary Square and take your palate on the journey of a lifetime.

ESPIRAL is the latest addition to Lifestyle group, that operates restaurants like TORA, AKI, LOA, Amami, Blu Beach Club, Nine Lives and more.

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