September 29, 2025

Brussels: The Minister of Energy, Commerce, and Industry, Giorgos Papanastasiou, participated in the European Union’s Competitiveness Council (Internal Market and Industry configuration) on Monday in Brussels, during which he stressed that the European Competitiveness Fund should provide clarity, speed, and reliability for businesses and industries. According to Cyprus News Agency,

Nicosia: Cyprus Finance Minister, Makis Keravnos, warned on Monday of a risk that will be taken if funds for the electricity interconnection project Great Sea Interconnector are allocated, adding that studies indicate that the project is not viable. According to Cyprus News Agency, Keravnos made these remarks following a Council

Limassol: Head of European Investment Bank (EIB) Nadia Calvi±o emphasized the bank’s ongoing commitment to supporting Cyprus, highlighting the island’s vulnerability to climate change, particularly in terms of water resources. During her visit to the EIB-financed West Limassol Wastewater Treatment Plant, Calvi±o remarked on Cyprus’s efforts to adapt to climate

Nicosia: The 2026 budget for Cyprus has been established at £10.7 billion, excluding debt servicing costs, as announced by Finance Minister Makis Keravnos. The budget, approved by the Cabinet, is scheduled to be submitted to the House of Representatives on October 2. Keravnos described the budget as balanced and growth-oriented,

Brussels: The Deputy Minister of Research, Innovation and Digital Policy, Nicodemos Damianou, flew to Brussels on Monday to participate in the European Union (EU) Competitiveness Council meeting on research issues. According to Cyprus News Agency, the agenda includes the approval of conclusions on the EU Strategy for Startups and Scaleups,

Nicosia: The Cyprus Stock Exchange (CSE) All Share Index concluded today’s trading session with mixed outcomes across various indices. The figures reflect shifts in the market, with both gains and declines observed in different sectors. According to Cyprus News Agency, the FTSE/CySE 20 index recorded a minor increase of 0.120%,