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Met office warns temperatures will reach again 40 degrees in Cyprus on Monday

August 1, 2022 cnadmin General

The Cyprus Department of Meteorology has issued a Yellow Warning for “extreme high temperature” valid on Monday.According to the warning, valid between 1100 and 1700 , the maximum temperature is expected to reach around 40 degrees Celsius inland and ar…

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The first Quantum Communications network in Cyprus is implemented by European University Cyprus scientists

August 1, 2022 cnadmin General

The first quantum communication network in Cyprus will be launched in 2023 after a successful €7.5 million research proposal bid to the European Commission, under the Digital Europe Programme.The project, namely Cyprus Quantum Communications Infrastruc…

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Serbian FM in Cyprus, Western Balkans, Ukraine, Cyprus issue and bilateral on the agenda

August 1, 2022 cnadmin General

Bilateral relations, the Cyprus issue, Ukraine and Western Balkans will be on the agenda of a meeting between the Foreign Ministers of Cyprus and Serbia on Monday.According to a press release by the Cyprus Foreign Ministry, Serbian Foreign Affairs Mini…

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Cyprus and Serbia FMs condemn unilateral actions, stress need to respect sovereignty of all states

August 1, 2022 cnadmin General

Cyprus and Serbia Ministers of Foreign Affairs, Ioannis Kasoulides and Nikola Selakovic condemned the unilateral actions and stressed need to respect sovereignty of all states, while confirming the excellent level of the countries’ relations.Cyprus For…

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Cyprus posts small fiscal deficit of 0.05% of GDP in first half of 2022

August 1, 2022 cnadmin General

Cyprus General Government posted a small deficit amounting to €11.4 million or 0.05% of GDP in the first half of 2022, compared with a deficit of €751 mn or 3.2% of GDP in the period of January-June 2021.The preliminary fiscal results published by the …

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S&P affirms Bank of Cyprus’ credit ratings at “B+/B” says could raise ratings in the next 12 months

August 1, 2022 cnadmin General

International rating agency S&P Global Ratings affirmed its ‘B+/B’ long- and short-term issuer credit ratings of Bank of Cyprus, Cyprus’ largest lender, maintaining a positive outlook, reflecting “the possibility…

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