President of the Republic of Cyprus Nikos Christodoulides highlighted the importance of the shipping sector for Europe’s geopolitical role, while addressing on Thursday evening a dinner hosted by the Cyprus Shipowners’ Association, in Athens. As he said, the significance that Greece and Cyprus attach to the shipping sector was reflected
The Cypriot government, the Municipality of Pafos, the Cyprus University of Technology (CUT) and the European Investment Bank (EIB) signed on Friday loan agreements amounting to pound 125 million, financing the further development of CUT and the construction of university student halls, assisting the efforts to tackle the challenge of
The progress of Cypriot businesses in innovation, with the development of new products aimed at international markets, was pointed out by Theodoros Loukaidis, Director General of the Research and Innovation Foundation (RIF). In an interview with the Cyprus News Agency (CNA) ahead of the “Researchers’ Night” event on September 27,
Cyprus warns for the devastating results and the broader catastrophic consequences if there is a wider escalation of the crisis in the region. Cyprus Foreign Ministry posted on X that Nicosia is following closely the worrying developments in neighbouring Lebanon and the region-at-large and is extremely concerned. ”We reiterate our
At the end of June 2024, the non-performing loan (NPL) ratio in the Cypriot banking sector decreased further to 6.9%, representing pound 1.7 billion, down from 7.3% or pound 1.8 billion at the end of March 2024. The coverage ratio of NPLs with provisions also improved, reaching 55.0% (pound 0.9
Department of Meteorology Today’s weather and temperatures for Cyprus according to the Department of Meteorology Date 20/09/2024 Station TEMPERATURE (C) (FROM 20:00 PC of the previous one until the time of the show) Highest Lowest Humidity at 1200 UTC Nicosia (Athalassa) 33 (32.9) 18 (17.8) 31 Larnaka Airport 31 (30.8)
