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May 6, 2025

Sharp Rise in New Lending in Cyprus Driven by Large Corporate Loans

Nicosia: New lending in Cyprus recorded a substantial increase in March 2025, with pure new loans reaching £658.2 million, up significantly from £246.1 million in February, according to data published on Tuesday by the Central Bank of Cyprus. According to Cyprus News Agency, the strongest growth was observed in pure

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Cyprus Meteorology Department Predicts Calm Seas and Clear Weather

Nicosia: The Cyprus Department of Meteorology has issued a forecast for the sea area extending 8 kilometers seawards from Cyprus, predicting mainly fine weather conditions for the period from 1800 on May 6, 2025, until 1800 on May 7, 2025. The current atmospheric pressure stands at 1016 hPa, indicating the

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Cyprus Stock Exchange All Share Index Update

Nicosia: The Cyprus Stock Exchange (CSE) All Share Index concluded today’s stock exchange meeting with its latest figures. Investors keenly observed the closing numbers as part of their market strategies. According to Cyprus News Agency, the indices base values for the session included FTSEMed at 5000, among others. The meeting

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Moody’s Upgrades Bank of Cyprus’ Long-Term Deposit Ratings

Nicosia: International credit rating agency Moody’s has upgraded Bank of Cyprus’ long-term deposit ratings by one notch, from Baa1 to A3, with a stable outlook. According to Cyprus News Agency, this is the highest rating currently held by any bank operating in Greece or Cyprus, reaffirming the institution’s stability and

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EP President to Meet Cyprus President in Nicosia on Saturday

Nicosia: President of the European Parliament, Roberta Metsola, is set to meet with Cyprus President, Nikos Christodoulides, at the Presidential Palace in Nicosia on Saturday. According to Cyprus News Agency, during her visit to Cyprus, President Metsola is also scheduled to visit the CYENS Centre of Excellence in Nicosia. There,

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EU Stands Firm Against Unfair US Trade Tariffs, Says Sefcovic

Strasbourg: The European Union will not succumb to an unfair trade deal with the United States, insisted EU Trade Commissioner Maros Sefcovic during a plenary debate at the European Parliament. He criticized the US-imposed tariffs, describing them as unjust, and emphasized that the EU does not feel pressured to accept

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