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October 2, 2025

European Commission Proposes Changes to Economic Governance Framework

Brussels: Today, the European Commission has announced proposed changes to the EU’s economic governance rules aimed at reducing administrative burdens and ensuring consistency with recent reforms. These proposals, focusing on simplifying EU law and streamlining funding for non-euro area Member States facing balance of payments difficulties, are part of an

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Mild Slowdown of CCLE Index in September, According to CypERC

Nicosia: The Cyprus Composite Leading Economic Index (CCLEI), constructed and estimated by the Economics Research Centre (CypERC) of the University of Cyprus, recorded a year-over-year increase of 1.8% in September 2025. According to Cyprus News Agency, this increase follows year-over-year increases of 2.1% in August and 2.2% in July 2025,

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Cyprus Weather Update: Weak Low Pressure with Mainly Fine Conditions

Nicosia: The Cyprus Department of Meteorology has released its forecast for the sea area of Cyprus for the upcoming period. The forecast indicates that a weak low-pressure system is currently affecting the region, yet the weather is expected to remain mainly fine. According to Cyprus News Agency, the atmospheric pressure

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