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May 6, 2025

Cyprus Records 28 Forest Fires in 2024, Impacting Over 3,500 Hectares

Nicosia: In 2024, Cyprus experienced a significant environmental challenge with 28 recorded forest fires, affecting a total area of 3,529 hectares. Notably, 25% of these burned areas were located within Natura2000 zones, a network of protected areas aimed at preserving biodiversity. This information was disclosed by the Office of the

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President Christodoulides Tours Hellas Sat Facilities in Athens

Athens: The President of the Republic of Cyprus, Nikos Christodoulides, visited the premises of the satellite communications company Hellas Sat in Koropi, Attica, on Tuesday morning. According to Cyprus News Agency, President Christodoulides was given a tour of the company’s facilities by its CEO, Christodoulos Protopapas. He was briefed on

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Kombos to Attend Informal EU Foreign Ministers Meeting in Warsaw

Warsaw: Cyprus’ Foreign Minister, Constantinos Kombos, will participate in the informal meeting of the Foreign Ministers of the European Union (Gymnich), which will take place in Warsaw on Wednesday and Thursday. According to Cyprus News Agency, Kombos will depart for Warsaw on Tuesday the meeting is being hosted by the

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Marginal Decline in NPLs in Cyprus Banking Sector in February

Nicosia: A marginal decline in Non-Performing Loans (NPLs) was recorded in the latest data published by the Central Bank of Cyprus (CBC) on Tuesday, with reference date 28 February 2025. Specifically, the NPL ratio decreased slightly to 6.2%, from 6.3% in January 2025, mainly due to loan repayments, transfers to

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EU to End Dependency on Russian Energy with New Roadmap

Brussels: The European Commission has unveiled the REPowerEU Roadmap, a strategic plan aimed at ending the European Union’s reliance on Russian energy sources. This initiative marks a significant step towards ensuring energy independence and stability across the EU by halting the import of Russian gas, oil, and nuclear energy. According

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