Nicosia: The President of the Republic of Cyprus, Nikos Christodoulides, emphasized the crucial role of Cyprus’ membership in the European Union (EU) as a strong asset in resolving the Cyprus issue, marking it as a European concern. In a written statement commemorating the 21st anniversary of Cyprus’ accession to the
Nicosia: Both deposit and lending interest rates recorded a decrease in April, according to data published on Wednesday by the Central Bank of Cyprus. Total new loans recorded a decrease of £282 million compared to the previous month, mainly due to a drop in new loans to non-financial corporations for
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
Nicosia: The Cyprus Department of Meteorology has released its forecast for the sea area of Cyprus, indicating that a warm and dry air mass will influence the region. The weather is expected to remain mainly fine throughout the forecast period. According to Cyprus News Agency, the atmospheric pressure at the
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: Cyprus is no longer classified as a country with macroeconomic imbalances according to the Spring Package of the European Semester 2025. This change is attributed to limited vulnerabilities related to external and private debt, alongside robust economic growth. According to Cyprus News Agency, an EU official briefing highlights five
