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
Athens: The President of the Republic of Cyprus, Nikos Christodoulides, visited the premises of the satellite communications company Hellas Sat in Koropi, Attica, on Tuesday morning. According to Cyprus News Agency, President Christodoulides was given a tour of the company’s facilities by its CEO, Christodoulos Protopapas. He was briefed on
Nicosia: The Cyprus Stock Exchange (CSE) All Share Index concluded today’s stock exchange meeting with its latest figures. Investors keenly observed the closing numbers as part of their market strategies. According to Cyprus News Agency, the indices base values for the session included FTSEMed at 5000, among others. The meeting
Nicosia: In 2024, Cyprus experienced a significant environmental challenge with 28 recorded forest fires, affecting a total area of 3,529 hectares. Notably, 25% of these burned areas were located within Natura2000 zones, a network of protected areas aimed at preserving biodiversity. This information was disclosed by the Office of the
Nicosia: The Cyprus Department of Meteorology has issued a forecast for the sea area extending 8 kilometers seawards from Cyprus, predicting mainly fine weather conditions for the period from 1800 on May 6, 2025, until 1800 on May 7, 2025. The current atmospheric pressure stands at 1016 hPa, indicating the
Brussels: On Tuesday, Members of the European Parliament (MEPs) agreed to employ an urgent procedure for a targeted amendment to the CO2 emission performance standards for new cars and vans. The decision aims to adjust how manufacturers meet their obligations concerning average CO2 emissions across the EU fleet. According to
