Nicosia: The Central Bank of Cyprus (CBC) has announced its decision to keep the countercyclical buffer rate (CCyB rate) for exposures located within the Republic of Cyprus unchanged at 1.5%. This decision will take effect from 14 January 2026. According to Cyprus News Agency, the CBC stated in a press
Nicosia: Cyprus and the Mediterranean are recognized as the most vulnerable climate hotspots in the world, already facing hotter and drier summers, said the Minister of Agriculture, Rural Development, and Environment, Maria Panayiotou, on Monday, at the International Conference on Meteorology, Climatology, and Atmospheric Physics (COMECAP 2025). According to Cyprus
Nicosia: Cyprus witnessed moderate temperatures today, with noticeable variations in humidity levels across different regions. As reported by the Department of Meteorology, the temperature readings offer a detailed insight into the weather conditions experienced across the island. According to Cyprus News Agency, the highest temperature recorded was 31°C in Nicosia
Nicosia: The Industrial Production Index showed a 3% increase from January to July 2025 compared to the same period in the previous year, as per data released by the Statistical Service on Monday. According to Cyprus News Agency, the most notable growth rates during this period were in the sectors
Nicosia: Revenue from tourism is estimated at £1,891.1 million for the period of January to July 2025, compared to £1,610.4 million in the corresponding period of 2024, recording an increase of 17.4%. According to Cyprus News Agency, the results of the Passengers Survey conducted by the Statistical Service revealed that
Limassol: The ERATOSTHENES Centre of Excellence has announced the completion of the AI-OBSERVER project, which employs Artificial Intelligence to improve Earth Observation capabilities for Disaster Risk Reduction. According to Cyprus News Agency, funded under the Horizon Europe Twinning programme, the project was realized through a strategic partnership involving the German
