Nicosia: Cyprus’ economic and financial stability was affirmed during the 17th post-programme surveillance mission by the European Commission and the European Central Bank (ECB) with input from the European Stability Mechanism (ESM), from September 30 to October 7. However, the report issued on Tuesday noted significant sectoral and geopolitical risks,
NICOSIA: Economic sentiment in Cyprus deteriorated in November but remained at a fairly high level, indicating a continuation of favourable conditions in the Cypriot economy in the coming months, the Economics Research Centre (CypERC) of the Department of Economics at the University of Cyprus said on Wednesday. According to Cyprus
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. However, it is expected that weak high pressure will gradually influence the area. The weather is anticipated to remain mainly fine, although there will
Nicosia: The Cyprus Department of Meteorology has issued a forecast for the sea area surrounding Cyprus, detailing weather conditions expected from midday on November 27, 2024, to midday on November 28, 2024. The area of interest extends 8 kilometers seawards from the coastline. According to Cyprus News Agency, the weather
Nicosia: Cyprus welcomes the ceasefire agreement between Israel and Lebanon, the Foreign Affairs Ministry said on Wednesday, expressing the conviction that this development marks the first step towards de-escalation in the wider region. According to Cyprus News Agency, the ceasefire agreement’s full implementation “is of paramount importance for the security
Nicosia: The geopolitical risk associated with the construction of the Great Sea Interconnector (GSI) linking Greece, Cyprus, and Israel is deemed manageable, according to George Papanastasiou, Minister of Energy, Commerce, and Industry. During discussions with his Greek counterpart Thodoros Skylakakis at the 2nd Greece-Cyprus Summit in Nicosia, Papanastasiou emphasized the
