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General

Morningstar DBRS Reports Stability in Cypriot Nonperforming Loans.

Nicosia: Morningstar DBRS Ratings has released a detailed analysis of the performance of nonperforming loan (NPL) transactions in Spain, Portugal, and Cyprus, highlighting the continued upward trend in the Cypriot market into 2024. This report sheds light on how the Cypriot market has managed to maintain stability despite several challenges.

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Cyprus Notifies EU of Delayed Energy and Climate Plan Submission.

NICOSIA: Cyprus has informed the European Commission about a delay in submitting its National Energy and Climate Plan (NECP) for the 2021-2030 period, as confirmed by the Ministry of Agriculture, Rural Development and Environment. This development comes in response to a warning letter issued by the Commission to Cyprus and

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UDI Affects Efforts for Cyprus Solution Says House President.

NICOSIA: The unilateral declaration of independence (UDI) by the illegal entity in the northern, Turkish-occupied areas of Cyprus on November 15, 1983, shaped the course of the Cyprus problem and affects to this day the efforts for a solution, House President Annita Demetriou said on Thursday. She added that this

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Cyprus Meteorology Department Forecasts Calm Seas for Mid-November.

Nicosia: The Cyprus Department of Meteorology has released its forecast for the sea area of Cyprus, indicating mainly fine weather conditions for the period from 1200 on November 14, 2024, to 1200 on November 15, 2024. The forecast covers an area extending 8 kilometers seawards and is based on observations

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