Nicosia: The final meeting of the European project RISE (Research Centre on Interactive Media, Smart Systems and Emerging Technologies), coordinated by the Municipality of Nicosia, took place on April 24, 2025, at CYENS Centre of Excellence, in the heart of the walled city. The Municipality of Nicosia says in a
Nicosia: The Cyprus Department of Meteorology has issued a forecast for the sea area of Cyprus, indicating that weak low pressure is currently affecting the region. At the time of the report, atmospheric pressure was recorded at 1017 hPa, suggesting a transition in weather conditions. According to Cyprus News Agency,
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
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
Nicosia: President of the Republic Nikos Christodoulides stated that despite current challenges, there is a strategic plan to create the conditions necessary for the resumption of Cyprus peace talks. According to Cyprus News Agency, President Christodoulides made these remarks while addressing journalists at the Pancyprian Public Servants’ Trade Union Annual
Nicosia: The University of Cyprus (UCY) contributed £1.186 billion to the country’s total economic output in 2024, £574 million to GDP, and supported 12,381 jobs directly or indirectly linked to its operations, according to two studies presented on Tuesday. The studies, titled ‘Economic and Social Impact of the University of