Cyprus’ banking sector recorded total post-tax profits of pound 602.92 million for the first half of 2024, up from pound 345.64 million at the end of March 2024, according to updated aggregate data released on Friday by the Central Bank of Cyprus. Net interest income for Cypriot banks reached pound
Cyprus warns for the devastating results and the broader catastrophic consequences if there is a wider escalation of the crisis in the region. Cyprus Foreign Ministry posted on X that Nicosia is following closely the worrying developments in neighbouring Lebanon and the region-at-large and is extremely concerned. ”We reiterate our
President of the Republic Nikos Christodoulides departs on Saturday for New York, where he will address the Plenary of the 79th United Nations General Assembly and meet with the UN Secretary-General Antonio Guterres. He will be accompanied by his spouse Philippa Karsera Christodoulides and the members of the Cypriot delegation.
Foreign Affairs Minister Constantinos Kombos departs for New York today, on Friday, where he will accompany President Nikos Christodoulides in his contacts throughout the High Level Week in the framework of the 79th Session of the United Nations General Assembly. According to a statement issued by the Ministry, during his
The European Investment Bank (EIB) may finance the Cyprus-Greece electricity interconnection project, said EIB Vice President Kyriacos Kakouris, indicating that the project will be evaluated primarily from a technical perspective to determine its eligibility for a loan. In statements on the sidelines of a loan agreement signing ceremony with the
The Ministers’ Deputies of the Council of Europe decided on Thursday to resume their consideration of the issue of the homes and property rights of displaced Greek Cypriots at the meeting in June 2025. In their decision during the meeting of the Ministers’ Deputies – Human Rights (DH) on the
