October 2024

Minister of Transport, Communications and Works Alexis Vafeades presented on Friday the Ministry’s 2025 budget before the House Finance Committee. The discussion during the Committee meeting focused mainly on the traffic congestion and ways to address it. Vafeades said before the Committee that in addition to the two transfer stations

Non-performing loans (under the EBA directive) in the Cypriot banking sector declined marginally to pound 1.65 billion in July from pound 1.67 billion in the previous month, corresponding to 6.8% of total loans. Total loans in July rose marginally to pound 24.14 billion from 24.12 billion. According to data released

Deposits in the Cypriot banking system rose by pound 435.8 million in September reaching pound 54 billion. Furthermore, according to data released by the Central Bank of Cyprus (CBC) total loans rose to pound 25 billion, with the total liquidity in the banking system (the difference between deposits and loans)

Less than couple of days for the 3rd edition of The 2024 Chesva 2.0 Regatta of Champions – The R.O.C.. The R.O.C. Organizing Committee is putting the finishing touches on preparations with sailors already arriving. According to a press release, issued by Limassol nautical club, the 27th of October, is

Cyprus’ Shipping Deputy Minister Marina Hadjimanoli has been selected by the International Propeller Club Awards Committee as the Maritime Person of the Year for 2024 Government Spokesman Konstantinos Letymbiotis announced in a written statement on Friday . Letymbiotis said that the selection of the Deputy Minister was announced on Friday,

Weather Temperature for Cyprus Today’s weather and temperatures for Cyprus according to the Department of Meteorology Date 25/10/2024 Station TEMPERATURE (C) (FROM 20:00 PC of the previous one until the time of the show) Humidity at 1200 UTC Source: Cyprus News Agency