Kontides wins silver in Ireland ahead of World Championship

Cyprus sailor Pavlos Kontides claimed the silver medal at a coaching regatta in Dun Laoghaire, Ireland, the venue that will host the World Sailing Championships in August.

Kontides, who won his third European title last month, finished second with 45 penalty points in a highly competitive fleet featuring Olympic medallists and top sailors from several countries.

Britain’s Eliot Hanson secured first place with 39 points, while Croatia’s Tonci Stipanovic finished third on 49 points.

The Cypriot sailor recorded four second-place and two third-place finishes across nine races.

Kontides said the event provided valuable experience, allowing him to familiarize himself with local conditions and train against a strong international field ahead of the World Championships.

The world number one in the ILCA7 class will now return briefly to Cyprus before travelling to Los Angeles for a training camp and two preparatory regattas ahead of the August competition.

PRESS RELEASE – EUROPEAN COMMISSION

The European Commission has launched a call for proposals worth pound 1.1 billion to build and modernise transport infrastructure on the EU’s trans-European transport network (TEN-T). This is the last such call under the current European long-term budget for 2021-2027.

The selected projects will support the implementation of major transport proposals. They will advance the EU’s high-speed rail plan and the Industrial action plan for the European automotive sector, while strengthening maritime connectivity, in line with the recently presented EU industrial maritime and ports strategies. The funding will also reinforce Europe’s defence readiness by addressing military mobility bottlenecks and supporting the swift implementation of the EU’s military mobility package.

The call places particular emphasis on rail, decarbonising maritime transport, and military mobility. It also supports the electrification of road haulage and airport ground operations, the deployment of charging infrastructure in maritime and inland ports, as well as the digitalisation of road transport.

Ukraine and Moldova are also included in the call under the Connecting Europe Facility (CEF), reflecting their deepening transport links with the EU.

CEF is the EU’s flagship instrument for funding and implementing the TEN-T policy. Projects selected under the 2026 call will help deliver smarter, more efficient, and more sustainable transport infrastructure; improve interoperability; and strengthen the resilience of transport networks across the EU.

The deadline for applications is 6 October 2026. More information on the call is available online.

(For more information: Anna-Kaisa Itkonen – Tel.: +32 2 295 75 01; Anni Juusola – Tel.: +32 2 296 09 86)

Commission reports show continued growth of European SMEs and highlight challenges for women entrepreneurs

The European Commission today published the Annual Report on European small and medium enterprises (SME) 2025/2026 and a new report on women entrepreneurs in Europe. Both reports provide new data to support future policies, initiatives, and funding measures for small and medium businesses.

The Annual Report shows that Europe’s 34 million SMEs recorded solid growth in 2025 while continuing to recover from recent crises. The number of companies rose by 1.8% while their real value-added grew by 2.5% and employment by 1.0%. The report provides an overview of options that could boost the productivity of small and medium-sized businesses, such as the uptake of new technologies and artificial intelligence (AI), where SMEs continue to lag behind larger firms. In 2025, AI technologies were used by 55.0% of large enterprises, compared to 30.4% of medium enterprises and 17.0% of small enterprises. The report also examines additional challenges faced by SMEs in value chains during times of disruptive technological change and its implications for SME productivity, using the automotive sector as a case study.

The report ‘Women Entrepreneurs in Europe: Data, Barriers, and Recommendations for Support’ looks at women’s entrepreneurship across the EU and identifies the challenges faced by women-led businesses in starting and scaling up their businesses, as well as difficulties women entrepreneurs face in accessing finance. It finds that only 33% of business owners in the EU are women. Furthermore, they are concentrated in traditional, female-coded sectors such as personal services (69%), health and social work (65%), and education (57%), while remaining under-represented in other sectors. The report concludes with five targeted recommendations to strengthen the enabling environment and unlock the untapped potential of women entrepreneurs and women-led businesses.

The reports will be discussed at the SME Envoys Network tomorrow.

(For more information: Siobhan McGarry – Tel.: +32 2 296 47 98; Rya Perincek – Tel.: +32 2 299 49 03)

Commission disburses pound 325 million payment to Austria under NextGenerationEU

Today, the European Commission disbursed pound 325 million in grants to Austria, marking the fourth payment under the Recovery and Resilience Facility (RRF). The RRF, the cornerstone of NextGenerationEU, is the Commission’s flagship post-pandemic programme supporting Member States’ recovery, economic growth, and competitiveness. 

Measures linked to this payment include installing photovoltaic systems to accelerate decarbonisation, facilitating the repair of electronic devices through the repair bonus scheme, funding primary health care centres, and equipping school children with laptops and tablets to improve education outcomes.

Today’s disbursement follows Austria’s fourth payment request, submitted on 24 March 2026 and greenlighted by the Commission on 7 May 2026. Following the Council’s approval to proceed with this disbursement, the Commission adopted a payment decision and released the funds today.

With this payment, Austria has received pound 3.66 billion or 92% of its total pound 3.96 billion allocation in grants, with 89% of all milestones and targets under its national recovery and resilience plan now fulfilled.

As with all Member States, payments to Austria under the RRF are performance based and contingent upon the successful implementation of the commitments in its recovery and resilience plan.

With a view to the closure of the Facility at the end of 2026, Members States must implement all outstanding milestones and targets by August 2026 and submit their last payment requests by the end of September 2026.

An interactive map showcasing examples of reforms and investments supported by the RRF is available online. Further details on the RRF payment claim process are also available online.

(For more information: Maciej Berestecki – Tel: +32 2 296 64 83; Isabel Arriaga e Cunha – Tel: +32 2 295 21 17)

Commission approves pound 212 million French State aid for agricultural and aquaculture companies facing increased fuel prices

The European Commission has approved a pound 212 million French State aid scheme to support agricultural and aquaculture companies facing increased fuel prices due to the Middle East crisis. The scheme was approved under the Middle East Crisis Temporary State Aid Framework (METSAF) adopted by the Commission on 29 April 2026.

The scheme aims to mitigate the impact of the increase in non-road diesel fuel prices (gazole non routier, ‘GNR’) on companies active in the production of agricultural and aquaculture products. Between February 2026 and May 2026, GNR price increased by 74%, with an average additional cost of pound 0.41 compared to the average price observed in 2025. The scheme will cover additional fuel costs resulting from the Middle East crisis for fuel purchased during the four-month period from May to August 2026. The aid will take the form of direct grants based on the volume of fuel purchased. Companies can receive pound 0.15 per litre of GNR purchased from 1 May to 31 August 2026. The scheme will run until 31 December 2026.

The Commission assessed the scheme under EU State aid rules, in particular Article 107(3)(c) of the Treaty on the Functioning of the EU, which enables Member States to support the development of certain economic activities subject to certain conditions, as well as Sections 1 and 2.1 of the METSAF. The Commission found that the scheme is in line with the conditions set out in the METSAF. In particular, aid will be granted based on a scheme with a clear estimated budget and will be provided to temporarily support the development of companies active in primary production of agricultural and aquaculture products. The Commission concluded that the scheme is necessary, appropriate and proportionate to facilitate the development of an economic activity and does not adversely affect trading conditions to an extent contrary to the common interest. On this basis, the Commission approved the French scheme under EU State aid rules.

More information on the METSAF can be found online. The non-confidential version of today’s decision will be made available under case number SA.123666, in the State aid register on the Commission’s competition website.

(For more information: Ricardo Cardoso – Tel.: +32 2 298 01 00; Paula Clara Ritter-Moschtz – Tel.: +32 2 296 40 83)

Commission approves pound 15 million Irish State aid for fishing and aquaculture companies facing increased fuel prices

The European Commission has approved a pound 15 million Irish State aid scheme to support fishing and aquaculture companies facing increased fuel prices due to the Middle East crisis. The scheme was approved under the Middle East Crisis Temporary State Aid Framework (METSAF) adopted by the Commission on 29 April 2026.

The scheme aims to mitigate the impact of the increase in fuel prices on companies active in the primary production of fishery and aquaculture products. It will run until 31 December 2026 and will cover the additional fuel costs resulting from the Middle East crisis incurred during the five-month period from March to July 2026. The aid will take the form of direct grants. For owners of vessels under six meters in length the aid will be a flat rate of pound 350, while for owners of vessels of six metres or greater, support will be calculated based on receipted expenditure up to a maximum of pound 0.40 per litre of fuel.

The Commission assessed the scheme under EU State aid rules, in particular Article 107(3)(c) of the Treaty on the Functioning of the EU, which enables Member States to support the development of certain economic activities subject to certain conditions, as well as Sections 1 and 2.1 of the METSAF. The Commission found that the scheme is in line with the conditions set out in the METSAF. In particular, aid will be granted based on a scheme with a clear estimated budget, and aid will be provided to temporarily support the development of companies active in primary production of fishery and aquaculture products. The Commission concluded that the scheme is necessary, appropriate and proportionate to facilitate the development of an economic activity and does not adversely affect trading conditions to an extent contrary to the common interest. On this basis, the Commission approved the Irish scheme under EU State aid rules.

More information on the METSAF is available online. The non-confidential versions of today’s decision will be made available under case number SA.123459, in the State aid register on the Commission’s competition website.

(For more information: Ricardo Cardoso – Tel.: +32 2 298 01 00; Paula Clara Ritter-Moschtz – Tel.: +32 2 296 40 83)

Commission clears acquisition of Idro 2020 and Nordic Windfarm by 3i, and of Lefdal Mine Datacentre by Rittal and 3i

The European Commission has approved, under the EU Merger Regulation, the acquisition of sole control of Idro 2020 S.r.l. of Italy and Nordic Windfarm HoldCo Limited (‘Nordic Windfarm’) by 3i Group plc (‘3i’), both of the UK, and the acquisition of joint control of Lefdal Mine Datacentre AS of Norway by Rittal Beteiligungs GmbH (‘Rittal’) of Germany and 3i.

The transaction relates primarily to the data processing and electricity production markets.

The Commission concluded that the notified transaction would not raise competition concerns, given the companies’ limited market positions resulting from the proposed transaction. The notified transaction was examined under the simplified merger review procedure.

More information is available on the Commission’s competition website, in the public case register under the case number M.12400.

(For more information: Ricardo Cardoso – Tel.: +32 2 298 01 00; Paula Clara Ritter-Moschtz – Tel.: +32 2 296 40 83)

Commission clears acquisition of Saavi and CIEM by Grupo México and Global Infrastructure Management

The European Commission has approved, under the EU Merger Regulation, the acquisition of joint control of Saavi Energia S.à r.l. (‘Saavi’) of Luxembourg and Controladora de Infraestructura Energética México, S.A. de C.V. (‘CIEM’) by Grupo México, S.A.B. de C.V., both of Mexico, and Global Infrastructure Management, LLC, controlled by BlackRock, Inc., both of the US.

The transaction relates primarily to electricity power generation, transmission and distribution in Mexico and the US.

The Commission concluded that the notified transaction would not raise competition concerns, given the limited impact on the European Economic Area. The notified transaction was examined under the simplified merger review procedure.

More information is available on the Commission’s competition website, in the public case register under the case number M.12487.

(For more information: Ricardo Cardoso – Tel.: +32 2 298 01 00; Paula Clara Ritter-Moschtz – Tel.: +32 2 296 40 83)

Commission clears acquisition of ES Group by Blackstone

The European Commission has approved, under the EU Merger Regulation, the acquisition of ES Group Holdings III Limited (‘ES Group’) of the UK by Blackstone Inc. of the US.

The transaction relates primarily to mineral-based products and solid surface technologies for bathroom spaces.

The Commission concluded that the notified transaction would not raise competition concerns, given the companies’ limited market positions resulting from the proposed transaction. The notified transaction was examined under the simplified merger review procedure.

More information is available on the Commission’s competition website, in the public case register under the case number M.12453.

(For more information: Ricardo Cardoso – Tel.: +32 2 298 01 00; Paula Clara Ritter-Moschtz – Tel.: +32 2 296 40 83)

Commissioner Šuica meets Israeli authorities and Palestinian Authority

Today and tomorrow, Commissioner for the Mediterranean, Dubravka Šuica, will meet with Israeli authorities and the Palestinian Authority to reiterate the EU’s support for peace and stability in the Middle East.

In Jerusalem, she will meet with Israeli President Isaac Herzog and Foreign Minister Gideon Sa’ar to discuss bilateral relations, the situation in Gaza, early recovery plans, in line with the EU’s support to the Gaza Peace Plan and the implementation of the UN Security Council Resolution 2803. The Commissioner will also highlight how the Pact for the Mediterranean can further drive regional cooperation and enhanced stability and opportunities in the region. The Commissioner will deliver a press statement, together with the Israeli Foreign Minister, and it will be transmitted on EBS.

Commissioner Šuica will visit Yad Vashem, the World Holocaust Remembrance Centre, and participate in a memorial ceremony at the Hall of Remembrance. She will also visit the Augusta Victoria Hospital in East Jerusalem, one of the hospitals benefitting from the EU’s pound 1.6 billion Multiannual and Comprehensive Programme for Palestinian Recovery and Resilience, inaugurate two units, meet with the staff and deliver a short statement, also available on EBS.

In Ramallah, the Commissioner will meet Palestinian Vice-President Hussein Al Sheikh and Prime Minister Mohammad Mustafa, to discuss ongoing EU support, Palestinian efforts for the implementation of the Palestinian Authority’ reforms, Gaza’s early recovery, and the situation in the West Bank. The Commissioner will deliver a press statement, together with the Palestinian Prime Minister, which will be transmitted on EBS.

Commissioner Šuica will also meet with a group of Palestinian and Israeli civil society representatives, UN partners and religious representatives.

On 13 July, the Palestine Donor Group will meet again in Brussels, gathering key regional and internal partners to take stock of the progress on the Palestinian Authority’ reforms, mobilise international support for Gaza’s early recovery, and discuss the steps needed to build a more stable future, based on mutual respect, security and cooperation.

Audiovisual material of the visit will be available on EBS.

(For more information: Markus Lammert – Tel.: +32 2 296 75 33; Jennifer Sanchez Da Silva – Tel.: +32 2 295 83 16)

Commission hosts four days of events on democracy, democratic resilience and technology

From 22 to 25 June, the European Commission will host a series of events in Brussels to promote democratic engagement and resilience across the EU as part of the roll-out of the European Democracy Shield, presented by the Commission in November last year.

On 22 and 23 June, the EU Civic Tech Hackathon will bring together democracy innovators, researchers, civil society representatives and civic tech practitioners and developers from across Europe to showcase innovative digital tools that support democratic participation and contribute to the launch of a European Civic Tech Hub.

On 23 June, a joint meeting of the European Cooperation Network on Elections (ECNE) working groups on ‘AI in Elections’ and ‘Safety in Politics’ will take place, directly supporting goals under the European Democracy Shield: the preparation of a guidance on the responsible use of artificial intelligence in electoral processes, and an upcoming Commission Recommendation and dedicated Guide on safety in politics.

On 24 June, a High-Level Event on democracy will convene representatives from Member States, civil society, academia, the private sector and the EU institutions to take stock and advance workstrands under the European Democracy Shield. Commissioner McGrath will deliver a keynote speech. The discussions will cover ongoing efforts to counter disinformation and foreign information manipulation and interference, the responsible use of AI in electoral processes, and how to better support the safety of political candidates and elected representatives. They will also exchange on media resilience and the role of professional media in our information space, and on innovative methods of citizens’ participation to promote democratic debates and public policymaking.

On 25 June, the first meeting of the Network of national authorities on citizens participation – another deliverable under the European Democracy Shield – will take place, bringing together representatives from EU Members States to exchange experiences and identify common priorities for fostering citizen participation. This network will focus on the local level, youth empowerment and intergenerational dialogue, providing practical support and promoting relevant tools to national authorities.

Together, these events mark a pivotal moment in the roll-out of the European Democracy Shield, reflecting the Commission’s whole-of-society and whole-of-government approach to support stronger, more resilient democracies across the EU and to protect what matters: our freedoms.

Significant milestone, says Law Office as EU reaches deal on child sexual abuse directive

The political agreement reached on the revised European directive on combating the sexual abuse and sexual exploitation of children constitutes a significant institutional milestone for the Cyprus Presidency, the Republic’s Law Office said in a statement on Monday, noting that it handled the relevant file on behalf of the Council of the European Union during the negotiations.

According to the Law Office, the agreement between the Council of the European Union and the European Parliament was achieved following six months of intensive negotiations and coordinated efforts at European level.

The statement said the revised directive represents a substantial reform of the existing legal framework, modernising and strengthening current provisions aimed at combating child sexual abuse and exploitation, particularly in the digital environment.

It further noted that new offences are being introduced to address challenges linked to technological developments, including the use of artificial intelligence systems to commit such crimes. At the same time, the directive clarifies the framework governing consent and significantly extends limitation periods for a number of offences, including rape.

Member states will have three years to transpose the directive into their national legislation, according to the Law Office.

Concluding, the Law Office said that ‘the achievement of this agreement constitutes a significant institutional milestone for the Cyprus Presidency, as strengthening the protection of children and improving the response to these particularly serious crimes had been among its key priorities from the outset’.

In a statement following the agreement, the European Parliament said the updated legislation introduces stronger protections for victims and survivors of abuse, including access to specialised support services, child-friendly assistance mechanisms and improved access to compensation. It also strengthens reporting obligations and seeks to ensure that professional secrecy rules do not prevent the reporting of suspected abuse where there are reasonable grounds for concern.

‘The law ensures that member states put in place specialised and appropriate support for victims’ and that child victims have access to ‘assessment, support and protection in a child-friendly setting’, the European Parliament said.

The Parliament also stressed that the new rules aim to improve prevention measures, facilitate the reporting of offences and reinforce the role of child protection organisations across the European Union.

Incidents of gender-based violence increased in 2025, SPAVO reports

Reports and incidents of gender-based and domestic violence have increased throughout 2025 as well as the growing complexity of the cases, according to the Association for the Prevention and Handling of Violence in the Family (SPAVO).

During the Association’s Annual General Assembly, in Nicosia, the Chairwoman of the Board of SPAVO Maria Koushiou, while presenting the 2025 report, expressed particular concern, noting that in approximately half of the cases handled by the Association (51%), there was an escalation of violence in recent months, a fact that, she said, underscores the need for timely intervention and effective support for victims.

According to the data presented during the Annual General Assembly of SPAVO, psychological violence is recorded in all incidents handled by the Association, while 63% also includes physical violence, 23% economic violence, 13% spiritual violence and stalking, 8% sexual violence, and 7% electronic violence.

It was noted that SPAVO operates 17 services and programs, while the data for 2025 indicate an increase in both reports and incidents, as well as greater complexity in the cases it is called to handle.

At the same time, it was reported that during the year, 5,728 calls were recorded to the National Helpline 1440. According to the data presented during the Annual General Assembly of SPAVO, the Association’s Counseling Service served a total of 81 new cases in 2025, of which 98.8% concerned women and 1.2% men. The largest concentration of victims was recorded in the age group 35-45 years (43.2%), followed by the ages 45-60 years (24.7%) and 25-35 years (23.5%).

Regarding the shelter for women during 2025, a total of 374 cases were recorded, of which 153 concerned new cases. As mentioned, the numbers are necessary for understanding the extent of the problem, however, “our work is not measured only by statistics.” “It is measured by the women who were protected, the children who felt safe again, the families that regained perspective, and the people who found the strength to continue,” she emphasized.

In her speech, the Deputy Minister of Social Welfare Clea Papaellina stated that SPAVO’s programs received state support of 2 million euros for 2025, noting that this is a “practical expression of confidence in the work being done.”

She said that the Government places particular importance on volunteering and non-governmental organizations operating in the field of social care. Papaellina characterized domestic and gender-based violence as “one of the most serious social problems of our time with deep social impact,” emphasizing that one in five women experiences violence during her adult life.

The Deputy Minister emphasized that national, European, and international data demonstrate the seriousness of the phenomenon and its deep social impact, noting that according to relevant studies, one in five women experiences physical violence at least once during her adult life, one in ten experiences sexual violence, while one in five experiences violence within the family. “These figures are not just numbers. They represent human lives and traumatic experiences that require our collective mobilization,” she stated. As she pointed out, violence knows no social, economic, educational, age, religious, or racial distinctions, but affects women and children from every social background.

She described it as a blatant violation of fundamental human rights, which can lead to serious injuries, cause long-term psychological and emotional consequences, and even cost human lives. She also added that the effects of violence do not stop at the immediate victim but extend to children who witness violent incidents, to other family members, and to the broader social community, negatively impacting social cohesion and the well-being of society.

She noted that “these figures represent human lives and traumatic experiences” emphasizing that violence affects women and children regardless of social background.

She further added that the effects of violence do not stop at the immediate victims but adversely affect social cohesion and the well-being of society as a whole.

?ducation Minister in Brussels for EU Council and EU Sports Awards ceremony

Minister of Education, Sports and Youth Athena Michaelidou is travelling to Brussels Monday to preside over the EU Council of Sports Ministers and to present awards at the #BeActive 2026 EU Sports Awards ceremony.

The ceremony takes place on Tuesday, in the presence of representatives of member states, European institutions and sports organizations from across Europe.

A press release by the Ministry says that #BeActive Awards recognize excellent initiatives that promote sport, physical activity and inclusive participation in all social groups.

The ceremony will be hosted by Glenn Micallef, Commissioner responsible for intergenerational fairness, youth, culture and sport, who will announce the winners of this year’s awards.

The Minister returns home Wednesday.

Veterinary Services launch digital platform for FMD management

The Veterinary Services announced on Monday the launch of the ‘Foot-and-mouth Disease (FMD) Management Platform’, a new digital tool for the electronic issuance and management of movement permits for people, animals and products affected by the restrictive measures implemented within the framework of the FMD decrees. The platform is available at https://fmd.moa.gov.cy.

The Veterinary Services said in a press release that through the new platform, interested parties can submit electronic applications for the issuance of movement permits (of animals, products, livestock breeders, farmers, veterinarians and other professionals), in accordance with the current restrictive measures to receive the required approvals in a faster and more efficient manner, facilitating both users and the competent services.

At the same time, they emphasised that “the transparency and reliability of the process are enhanced, waiting time is reduced and the uniform implementation of measures by all services involved is ensured, facilitating coordination in the field”.

“The system replaces the process of issuing paper permits and contributes to enhancing the traceability of the movements of persons, animals and products, from the point of departure to the point of destination, including control and disinfection points, also making it possible to monitor the path of the vehicle transporting products” the press release added.

These services were developed in collaboration with the Veterinary Services and the “KIOS” Centre of Excellence for Research and Innovation of the University of Cyprus, with the aim of providing immediate and effective service to livestock breeders, farmers and citizens.

For the purposes of smooth implementation of the platform, a presentation and training of users was carried out by officers of the Veterinary Services and the “KIOS” Center of Excellence, while the provision of technical support and guidance where required.

They further added that within the framework of this cooperation, an interactive map has already been developed and put into operation, through which the protection and surveillance zones and disinfection points are presented in real time, providing a comprehensive picture of the situation and facilitating compliance with the measures applied. This tool provides a comprehensive picture of the situation, facilitates compliance with the measures applied and strengthens the operational coordination of the competent services.

Greece-Cyprus Interstate FMD Working Group meeting last week

——————–

The competent authorities of Cyprus and Greece are in communication and coordination regarding foot-and-mouth disease, within the framework of the Greece-Cyprus Interstate Working Group, which was convened on the instructions of the competent Ministers of the two countries, during their meeting on the sidelines of the Informal Council at the beginning of last month in Nicosia.

Permanent Secretary of the Ministry of Agriculture, Rural Development and Environment, Andreas Gregoriou, told the Cyprus News Agency (CNA) on Monday that the meeting of the Group, headed by himself and Spyros Protopsaltis, Permanent Secretary of the Ministry of Rural Development and Food of Greece, took place last Friday and was ‘useful and productive’, in the context of the exchange of information on the epidemiological situation in Cyprus and Greece.

Gregoriou also said that in the context of this meeting, information was requested from Cyprus on the vaccination process and controls implemented to combat the disease. It was agreed that the two sides will remain in contact and that a new meeting will be held in July.

Thousands of animals, including cattle and sheep, were affected in several livestock units initially in Larnaca and then in Nicosia district, following a foot and mouth disease (FMD) outbreak, first reported on February 20. FMD spread to Limassol in May. This followed an FMD outbreak in the island’s Turkish-occupied areas last December. Authorities proceed with a nationwide vaccination campaign of animals to contain the virus, while EU rules require all animals in the infected areas to be culled, bringing about a series of repercussions in livestock farming and other agricultural economic activities. Halloumi, Cyprus’ top agricultural export product, has been spared. Experts reiterate that FMD is not dangerous to humans.

Cyprus Stock Exchange

The Cyprus Stock Exchange (CSE) All Share Index closed at today`s stock exchange meeting as follows:

MEETING DATE: 22/06/2026

INDICES BASE VALUES: FTSEMed=5000, OTHERS = 1000

EURO (pound )

TRADED VALUE 382,088.70

INDEX

VALUE

%DIFF.

VALUE

FTSE/CySE 20

181.620

0.340

333,962.190

MAIN MARKET INDEX

249.290

0.160

252,767.790

INVESTMENT COMPANIES MARKET INDEX

3,254.930

0.300

18,770.600

CSE GENERAL INDEX

308.790

0.340

378,684.380

HOTELS INDEX

1,822.560

0.000

0.000

ALTERNATIVE MARKET INDEX

1,983.440

0.780

125,916.590

* The second column presents the percentage variation of the indices as compared to the last meeting.

President Christodoulides says new National Council meeting is possible in early July

The need might arise to convene the National Council anew in early July, Cyprus President, Nikos Christodoulides, announced on Monday evening.

While arriving at a graduation ceremony at the University of Cyprus, the President was asked by journalists about the first National Council that took place in the morning with the new composition after May’s parliamentary elections, and said that it was “a constructive meeting, a discussion, during which I informed [the members] about the latest developments,” adding that “we will be in constant contact.”

The President said that “there may be a need for us to meet again in early July” noting that several processes are underway and “we hope that all these processes will lead to the desired outcome, which is the resumption of talks where they left off, utilizing the negotiating acquis. These are the things we discussed. I informed, I listened to some opinions, and we are moving forward.”

Asked whether the resignation of British Prime Minister Keir Starmer is expected to affect developments in the Cyprus issue, he said that “under no circumstances does it affect the ongoing effort.” He noted that for the Personal Envoy of the UN Secretary-General, Maria Angela Holguin, the priority is New York and the Secretary-General, Brussels, Greece, Turkey “and of course Cyprus. So (Starmer’s resignation) does not have an impact, and I do not believe it will have an impact in any way” on efforts to resume talks for a Cyprus settlement, he said.

Moreover, the President mentioned, “in relation to the process that is underway and the goals that have been set, the change of Prime Minister and consequently of the government in the United Kingdom is expected in September.”

Cyprus has been divided since 1974, when Turkey invaded and occupied its northern third. Repeated rounds of UN-led peace talks have so far failed to yield results due to Turkish intransigence. The latest round of negotiations, in July 2017 at the Swiss resort of Crans-Montana ended inconclusively.

After informal meetings in 2025, followed by a hiatus of several months, deliberations are underway for a new meeting in broader format to be held, as the term of the UN Secretary-General Antonio Guterres nears its end. María Angela Holguín, Guterres’ Personal Envoy on Cyprus, is tasked to engage with the parties.

148th EUROPOL Management Board meeting takes place in Nicosia

The 148th EUROPOL Management Board meeting takes place on Monday and Tuesday in Nicosia in the framework of the Cyprus Presidency of the Council of the EU.

The Management Board is EUROPOL’s supreme governing body which brings together representatives of all EU member states.

According to a press release issued by the Cyprus EU Presidency Secretariat, participants will discuss issues of strategic importance concerning the future course of EUROPOL, the further strengthening of its operational and institutional capabilities, as well as the improvement of the support it provides to the competent authorities of the member states.

As it is noted, the event is hosted by the Cyprus Police, during its term as Vice-Chair of the EUROPOL Management Board, and “reflects the active participation and continuous contribution of Cyprus to the work and decision-making processes of the Organisation”.

The meeting will be attended by representatives of the member states of the European Union, members of the European Parliament and the Joint Parliamentary Scrutiny Group of EUROPOL, as well as officials and institutional partners of the Organisation.

Women-led civil society organisations indispensable actors in conflict prevention, says Cyprus UN Permanent Representative

Women-led civil society organisations are indispensable actors in conflict prevention, peacebuilding, humanitarian response and post-conflict recovery and they are often the first responders to the needs of affected communities and play a critical role in promoting accountability and protecting human rights Cyprus UN Permanent Representative Maria Michail said.

In a statement at UNSC Open Debate on Women, Peace and Security held June 17, Michail said that the work of the women-led civil society organisations must be supported through sustainable, predictable and flexible funding, while women human rights defenders and women peacebuilders must be protected from threats, reprisals and violence.

She went on to say that more than twenty-five years after the adoption of Security Council Resolution 1325, the Women, Peace and Security agenda remains one of the most important frameworks for achieving sustainable peace, security and development.

Yet, she pointed out, women continue to be underrepresented in peace negotiations and political transitions and referred to UN figures according to which in 2023, women accounted for only 9.6% of negotiators and 13.7% of mediators in peace processes. At the same time, she added, gender-based violence remains pervasive in situations of conflict and crisis. The findings of the Secretary General’s latest report on conflict-related sexual violence are alarming, she noted.

According to Michail, women must be represented at all decision-making levels, including as mediators, negotiators, peacebuilders and signatories to peace agreements.

She also underlined that Cyprus remains firmly committed to advancing the Women, Peace and Security agenda, noting that earlier this year, Cyprus adopted its Second National Action Plan on Women, Peace and Security for 2026-2028, structured around the pillars of Participation, Protection, Prevention, and Relief and Recovery.

She said that the development of the National Action Plan was guided by an inclusive consultation process involving the National Machinery for Women’s Rights, civil society organisations and other stakeholders.

She concluded her statement by saying that evidence consistently demonstrate that women’s meaningful participation contributes to more inclusive, effective and sustainable peace processes.