Search
Close this search box.
Search
Close this search box.

May 6, 2025

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

Read More

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

Read More

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

Read More

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

Read More

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

Read More

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

Read More