ECB Signals Cautious Approach to Interest Rate Cuts Amid Economic Uncertainty.

NICOSIA: The Central Bank of Cyprus has outlined its cautious approach to monetary policy amidst ongoing economic uncertainties. Speaking at an event focused on the future of monetary policy, officials highlighted the European Central Bank’s (ECB) recent decision to advance its policy easing, driven by significant progress in the disinflationary process. In October, inflation was … Read more

Cyprus Experiences Varied Temperature Ranges Across Regions.

Nicosia: Cyprus experienced a range of temperatures today, with the highest and lowest temperatures recorded across different regions. The Department of Meteorology released data detailing these temperature variations, providing insights into the weather conditions experienced throughout the island. According to Cyprus News Agency, the temperature data was collected from 20:00 on the previous day until … Read more

Cyprus Minister of Agriculture Attends COP29 in Baku.

BAKU: Cypriot Minister of Agriculture, Rural Development and Environment Maria Panayiotou, has travelled to Baku, Azerbaijan, to participate in the 29th Conference of the Parties (COP29) to the United Nations Framework Convention on Climate Change. According to Cyprus News Agency, the Minister’s visit follows the participation of Cyprus President Nikos Christodoulides in the Leaders’ Summit … Read more

House President Discusses Cyprus Issue and Middle East Concerns with New Finnish Ambassador.

Nicosia: The House President Annita Demetriou received Thursday the new Ambassador of Finland, Päivi Peltokoski, with whom she discussed the Cyprus issue, the situation in the Middle East, Ukraine, and the representation of women in decision-making centers as well as bilateral cooperation in view of the Cypriot presidency of the EU in 2026. According to … Read more

RoC Positioned to Become Key EU Energy Arm in Eastern Mediterranean, Says Energy Minister.

Nicosia: The Republic of Cyprus (RoC) is poised to become a pivotal energy partner for the European Union in the Eastern Mediterranean, enhancing the region’s energy security, according to George Papanastasiou, the Minister of Energy, Commerce and Industry. Speaking at the 20th Annual Cyprus Summit in Nicosia, Papanastasiou emphasized Cyprus’s role as a member state … Read more

Cyprus Braces for Isolated Showers and Thunderstorms in Coastal Areas.

NICOSIA: The Cyprus Department of Meteorology has issued a forecast for the sea area surrounding Cyprus, highlighting the potential for isolated showers and thunderstorms over the western and northern coastal areas. The forecast covers an 8-kilometer distance seawards and is valid from 1800 on November 21, 2024, until 1800 on November 22, 2024. According to … Read more