€1,500 for first baby of 2008

CYPRUS’ first newborn of the year will receive 1,500 euros as part of a new scheme by baby food manufacturer, Nutricia.

The announcement was made yesterday by Nutricia’s local representatives, Lifepharma (Zam) Ltd.

The new institution will be called ‘Nutricia – The First Newborn of the Year’ and aims to contribute towards efforts to increase the island’s birth rate with its financial contribution to the newborn’s family.

Lifepharma, which is part of the MSJacovides group, said with this initiative it hoped to show its concern for the Cyprus economy and its support of an evident problem, including a demographic problem and the low birth rate.

The Cyprus Mail is the only English-language daily newspaper published in Cyprus. It was established in 1945 and today, with its popular and widely-read website, the Cyprus Mail is among the most trusted news sites in Cyprus. The newspaper is not affiliated with any political parties and has always striven to maintain its independence. Over the past 70-plus years, the Cyprus Mail, with a small dedicated team, has covered momentous events in Cyprus’ modern history, chronicling the last gasps of British colonial rule, Cyprus’ truncated independence, the coup and Turkish invasion, and the decades of negotiations to stitch the divided island back together, plus a myriad of scandals, murders, and human interests stories that capture the island and its -people. Observers describe it as politically conservative.