In a new development for the Cypriot economy, the island country is trying to win the coveted the Youth Capital Title.

The Youth Capital is a respected title which is awarded to a European city for a year-long period. During this period the city gets a chance to form a multi-faceted programme and show its social, cultural, political and economic activities that are centered around development of the youth.

Nicosia recently entered the race to win the title, which is being supervised by Cyprus’ foreign Minister Ioannis Kasoulides, who has recently pledged the support of his ministry

to the cause.

The EYC is a unique initiative which aims to encourage cities to both continue as well as expand the implementation of novel ideas and creative that help involve the active participation of the society’s youth.

The current incumbent of the title is Cascais, a municipality in the suburbs of Lisbon, Portugal.