General

Brussels: The European Commission has released the 2025 European Semester Spring Package, which evaluates the economic and social difficulties within the European Union and provides policy recommendations to Member States to enhance competitiveness, prosperity, and resilience. The package includes country-specific recommendations (CSRs) and encourages reforms and investments that align with

Nicosia: The Central Bank of Cyprus has published statistics on the average interest rates applied by monetary financial institutions (MFIs) in Cyprus on deposits and loans for euro area residents, as well as data on volumes of new euro-denominated loans for April 2025. This information is part of the May

Rome: Deputy Minister for European Affairs Marilena Raouna visited Rome as part of preparations for Cyprus’ EU Presidency, set for the first half of 2026. During her visit, she engaged in discussions with Italian officials to address various bilateral and regional issues. According to Cyprus News Agency, Raouna met with

Nicosia: The Council of Ministers has approved a proposal for the development of a National Civil Protection Mechanism and the enhancement of the Civil Defence Force’s responsibilities. The decision, announced by Minister of the Interior Konstantinos Ioannou following the ministerial meeting, includes the transformation of the Civil Defence Force into

Nicosia: The Cyprus Stock Exchange (CSE) All Share Index closed its trading session with significant activity at today’s stock exchange meeting. The indices base values stood at FTSEMed=5000 and others at 1000, reflecting ongoing market conditions. According to Cyprus News Agency, the traded value at the close of the meeting

Athens: A trilateral meeting between Greece, Cyprus, and Egypt on Diaspora issues was held on Monday in Athens. The discussions centered around enhancing cooperation and shared initiatives among the three nations concerning their expatriate communities. According to Cyprus News Agency, the Republic of Cyprus was represented by Deputy Permanent Secretary,