Cabinet to convene for the first time on Thursday after partial reshuffle

President of the Republic, Nikos Christodoulides, will preside over on Thursday a meeting of the Council of Ministers in a new composition, following a partial government reshuffle announced on Tuesday. The Cabinet will convene at 1300 local time.

Earlier at 0900 the swearing-in ceremony of the new members of the government will take place at the Presidential Palace in the presence of President Christodoulides.

The handover-takeover ceremonies will follow. At 1015 the handover – takeover ceremony will take place at the Deputy Ministry of Social Welfare, at 1100 at the Ministry of Transport Communications and Works, at 1145 at the Ministry of Agriculture, Rural Development and Environment and at 1230 at the Deputy Ministry of Culture.

On Tuesday, the Presidency announced that, exercising the powers vested in him by the Constitution, the President decided to appoint Evanthia Tsolaki as Minister of Transport, Communications and Works, Christos Senekis as Minister of Agriculture, Rural Development and Environment, Tina Pavlou as Deputy Minister of Social Welfare and Clea Papaellina as Deputy Minister of Culture.

The President also decided to appoint Elias Myrianthous as Commissioner for the Environment and Animal Welfare, Eirini Poyiatzi as Commissioner for Citizens’ Rights, and Panayiotis Palates as Director of the President’s Office.

CNA/AAR/MK/2026S, CYPRUS NEWS AGENCY

Significant interest rate gaps among Cypriot banks in June, deposit rates remain low

Significant differences in deposit and lending rates among Cyprus’ credit institutions are revealed in the data published on Wednesday by the Central Bank of Cyprus for June 2026, with gaps reaching as much as two percentage points in certain categories. At the same time, Cypriot depositors continue to receive markedly lower returns compared with the euro area average.

On term deposits of up to one year from households, the average rate across all monetary financial institutions in Cyprus stood at 1.42%, against 2.03% in the euro area. Ancoria Bank offered the highest return at 1.66%, followed by National Bank of Greece (Cyprus) at 1.64%, Eurobank Limited at 1.51%, Alpha Bank Cyprus at 1.39% and Cyprus Development Bank at 1.35%. Lower rates were recorded by Societe Generale Bank Cyprus at 1.12%, Bank of Cyprus at 0.96% and the Housing Finance Corporation at 0.84%.

A similar picture emerges for deposits from non-financial corporations, where the Cypriot average reached 1.41% compared with 2.19% in the euro area. Alpha Bank Cyprus stood out with 2.05%, National Bank of Greece (Cyprus) offered 1.73%, Ancoria Bank 1.60%, Eurobank Limited 1.43% and Cyprus Development Bank 1.27%. Societe Generale Bank Cyprus was at 0.99%, Bank of Cyprus at 1.16% and the Housing Finance Corporation at a particularly low 0.43%.

On housing loans (new contracts, irrespective of initial rate fixation period) the average rate in Cyprus was 3.28%, slightly below the euro area figure of 3.51%. Cyprus Development Bank recorded the highest rate at 4.15%, Ancoria Bank 3.35%, the Housing Finance Corporation 3.36%, Societe Generale Bank Cyprus and Bank of Cyprus both 3.28%, Eurobank Limited 3.18% and Alpha Bank Cyprus the lowest at 2.71%.

Even wider gaps appear in business loans of up to pound 1 million, where the Cypriot average rose to 4.16%. Banque SBA charged 7.17%, Societe Generale Bank Cyprus 5.39%, National Bank of Greece (Cyprus) 4.44%, Bank of Cyprus 4.31%, Ancoria Bank 4.17%, Eurobank Limited 3.99% and Alpha Bank Cyprus the lowest at 3.57%.

On loans above pound 1 million the average stood at 3.97%. Ancoria Bank recorded 4.69%, National Bank of Greece (Cyprus) 4.16%, Eurobank Limited 4.15%, Alpha Bank Cyprus 3.85%, Bank of Cyprus 3.65% and Cyprus Development Bank the lowest at 3.53%.

CNA/TNE/AGK/2026S, CYPRUS NEWS AGENCY

Cyprus Department of Meteorology – Forecast for the Sea Area of Cyprus (A)

CYPRUS DEPARTMENT OF METEOROLOGY

FORECAST FOR THE SEA AREA OF CYPRUS (A)

FOR THE PERIOD FROM 0600 05/08/2026 UNTIL 0600 06/08/2026

Area covered is 8 kilometers seawards.

Winds are in BEAUFORT scale. Times are local times.

Atmospheric pressure at the time of issue: 1008hPa (hectopascal)

Seasonal low pressure is affecting the area. The weather will be mainly fine, but during the night and in the morning locally increased low cloud coverage will be present with risk of local mist, while fog patches are likely mainly over the southern and eastern coastal areas.

Visibility: Good, but moderate to poor in mist and very poor in fog

Sea surface temperature: 29°C

Warnings: NIL

AREA PERIOD WIND STATE OF SEA

West Coast

Morning South to Southwest 3, gradually Southwest to West 3 to 4 Smooth to Slight

Afternoon Southwest to Northwest 3 to 4, later locally 4 Smooth to Slight

Night Southwest to Northwest 3 to 4, locally near the coast Northwest to Northeast 3 Smooth to Slight

South Coast

Morning Variable 3, gradually Southeast to Southwest 3 to 4 Smooth to Slight

Afternoon South to Southwest 4, locally Southwest to West 4 to 5 Smooth to Slight

Night Southwest to Northwest 3 to 4, gradually 3 Smooth to Slight

East Coast

Morning Variable 3, gradually Southeast to Southwest 3 to 4 Smooth to Slight

Afternoon Southwest 4, at times locally 4 to 5 Smooth to Slight

Night Southwest 4, gradually Southwest to Northwest 3 Smooth to Slight

North Coast

Morning Southwest to Northwest 3, locally Northwest to North Smooth to Slight

Afternoon Southwest to Northwest 3 to 4, locally 4 Smooth to Slight

Night Southeast to Southwest 3, offshore Southwest to West 3 to 4 Smooth to Slight

Weather Temperature for Cyprus

Department of Meteorology

Today’s weather and temperatures for Cyprus according to the Department of Meteorology

Date 05/08/2026

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)

40

20

23

Larnaka Airport

34

22

58

Limassol

32

21

56

Pafos Airport

31

24

69

Frenaros

34

22

51

Prodromos

28

18

46

Polis Pafos

33

21

51

CNA/EA/MK/2026, CYPRUS NEWS AGENCY

Cyprus not among countries causing European air traffic delays, Civil Aviation says

Cyprus is not among the countries causing delays in Europe’s air traffic network in 2026, the Civil Aviation Department said, stressing that air traffic control services continue to operate safely and efficiently despite increased traffic in the Nicosia Flight Information Region due to the crisis in the Middle East.

In a statement, the Department responded to media reports, initially published by the Israeli newspaper ‘Israel Hayom’, alleging serious congestion in Greek and Cypriot airspace and citing EUROCONTROL traffic data.

It said that airspace over the Eastern Mediterranean, particularly the Nicosia FIR, has handled increased traffic volumes this summer, as some flight routes have been redirected because of the broader crisis in the Middle East.

The Department stressed, however, that increased traffic should not be confused with air traffic control delays. According to EUROCONTROL network performance data, France and Greece are the main contributors to en-route air traffic flow management delays this summer, together accounting for more than 60% of all delays across the network.

Cyprus is not listed among the network’s delay hotspots in EUROCONTROL’s weekly reports, it added. The capacity and staffing pressures referred to in the media reports concern the air traffic control centre in Greece and not Cyprus.

The Department said that Cyprus’ air traffic control units, including the Area Control Centre and the control towers at Larnaca and Paphos airports, are safely and effectively managing the increased traffic, which has resulted in record flight numbers.

According to the statement, the successful handling of the additional traffic demonstrates the resilience and efficiency of Cyprus’ air navigation system and reflects the efforts of its staff, the reliability of the country’s infrastructure and continued investment in technology and operational procedures.

It added that the increase in traffic highlights the Republic of Cyprus’ critical role as a stable and reliable aviation hub in the Eastern Mediterranean.

‘Cyprus is not part of Europe’s air traffic delay problem. On the contrary, in 2026 it is part of the solution,’ the Department said.

It added that Cyprus would continue to work closely with EUROCONTROL, international aviation organisations and regional partners to maintain high standards of safety, efficiency and service quality for airlines and passengers.

CNA/HT/AGK/2026S, CYPRUS NEWS AGENCY

Industrial turnover index up 3.4% in first five months of 2026

For the period January – May 2026, the Industrial Turnover Index recorded an increase of 3.4% compared to the corresponding period of the previous year, according to data published on Wednesday by the Statistical Service.

In May 2026, the Industrial Turnover Index reached 148 units (base 2021=100), recording an increase of 3.5% compared to May 2025.

In manufacturing, the Industrial Turnover Index for May 2026 reached 151.4 units, recording an increase of 2.6% compared to May 2025.

The largest increase was recorded in manufacturing of furniture, other manufacturing and repair and installation of machinery and equipment with 14.6%, while the largest decrease was recorded in manufacturing of machinery and equipment, motor vehicles and other transport equipment with 10.7%.

Increases were also recorded in the water supply and materials recovery (13.8%), the electricity supply (6.1%) and mining and quarrying (2.1%) sectors.

CNA/MCH/AGK/2026S, CYPRUS NEWS AGENCY

Preparatory work underway by UN based on convergences, sources tell CNA

Preparatory work is underway by the United Nations, based on the convergences achieved so far on the Cyprus problem, with the aim of using them as the basis on which a decision to resume negotiations will be taken at the next expanded meeting.

According to CNA sources, the UN team also includes a constitutional law expert, who is working with the UN Secretariat to reconfirm the existing convergences.

According to the sources, “what is currently taking place is preparatory work by the United Nations based on the convergences. The rationale is that, following this preparatory work, these convergences will serve as the basis on which the resumption of negotiations will be decided at the next expanded meeting.”

The same sources said that the UN team also includes a constitutional law expert, as well as other specialists in international law. The constitutional expert is working on the task assigned by the UN Secretariat but is not attending meetings in Cyprus.

According to the sources, “there are convergences on a great many issues” and, provided these are reconfirmed, it is estimated that discussions could then continue on the remaining issues in order to achieve a “comprehensive final outcome”.

Regarding the Turkish side’s insistence on a two-state solution, the sources said that Turkey continues to adhere to this position and reiterates it in its public statements.

As for the meeting between the two leaders, announced on Wednesday for 26 August, the sources said that preparatory work will be carried out in the meantime so that the leaders can build on this groundwork and further advance the discussions.

According to the sources, it is not yet known whether a meeting will take place in September on the sidelines of the UN General Assembly. The same sources said the period of the General Assembly is particularly busy, with numerous high-level meetings taking place. It is expected that it will become clearer in the coming period whether there is any intention for the next steps to be scheduled around the dates of the UN General Assembly’s high-level week or at another time considered more convenient.

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.

UN Secretary-General Antonio Guterres, whose term nears its end, announced he would convene another meeting in broader format, after adequate preparation, but gave no timeline. He secured to that end the consensus of both sides and of the guarantor powers. María Angela Holguín, Guterres’ Personal Envoy on Cyprus, is tasked to engage with the parties. Executive Vice-President Raffaele Fitto acts as the European Commission’s Special Representative for Cyprus, succeeding EU special envoy Johannes Hahn.

Cyprus Department of Meteorology – Forecast for the Sea Area of Cyprus (B)

CYPRUS DEPARTMENT OF METEOROLOGY

FORECAST FOR THE SEA AREA OF CYPRUS (B)

FOR THE PERIOD FROM 1200 05/08/2026 UNTIL 1200 06/08/2026

Area covered is 8 kilometers seawards.

Winds are in BEAUFORT scale. Times are local times.

Atmospheric pressure at the time of issue: 1008hPa (hectopascal)

Seasonal low pressure is affecting the area. The weather will be mainly fine, but during the night and in the morning locally increased low cloud coverage will be present with risk of local mist, while fog patches are likely mainly over the southern and eastern coastal areas.

Visibility: Good, but moderate to poor in mist and very poor in fog

Sea surface temperature: 29°C

Warnings: NIL

AREA PERIOD WIND STATE OF SEA

West Coast

Afternoon Southwest to Northwest 3 to 4, locally 4 Smooth to Slight

Night Southwest to Northwest 3, offshore Northwest to Northeast Smooth to Slight

Morning South to Southwest 3, gradually Southwest to West 3 to 4 Smooth to Slight

South Coast

Afternoon Southwest to West 4, locally 4 to 5 Smooth to Slight

Night Southwest to Northwest 3, locally Northwest to North Smooth to Slight

Morning South to Southwest 3, soon 3 to 4 Smooth to Slight

East Coast

Afternoon South to Southwest 3 to 4, locally 4 Smooth to Slight

Night Southwest to Northwest 3 Smooth to Slight

Morning Variable 3, soon South to Southwest Smooth to Slight

North Coast

Afternoon Southwest to Northwest 3 to 4, locally 4 Smooth to Slight

Night Southeast to Southwest 3, offshore Southwest to West Smooth to Slight

Morning Southwest to Northwest 3, gradually 3 to 4 Smooth to Slight

CNA/PC/AGK/2026S, CYPRUS NEWS AGENCY

Cyprus takes part in 20th Mediterranean Games with 145 athletes in 24 sports

Cyprus will take part in the 20th Mediterranean Games to be held in Taranto, Italy, on August 21 to September 3 with 145 athletes in 24 sports.

A press conference was held on Wednesday in Nicosia, during which the Cyprus delegation was presented . Head of the Cyprus Olympic Committee, George Chrysostomou expressed his optimism that Cyprus will have another successful presence, following the recent medals at the Glasgow Commonwealth Games.

These successes, he noted, is a proof that Cyprus sports can have great distinctions in major international events.

He described the Mediterranean Games as one of the most important multi-sport events on the international sports calendar, noting that Cyprus’ participation is not only a competitive challenge, but also an opportunity to showcase the level of Cypriot sports and values such as ethics, consistency, respect and fair play.

A total of 145 athletes, who will compete in 24 sports representing 22 sports federations take part in the games. The Cyprus delegation consists of 234 persons in total, including coaches, medical staff and members of the press.

Chrysostomou also pointed out that the delegation includes 13 of the 15 athletes who represented Cyprus in Paris Olympic Games.

The Deputy Ambassador of Italy to Cyprus, Chiara Ratzenberger, said that the Mediterranean Games are far more than just a sporting competition, adding that they were launched in 1951 in the aftermath of World War II ”in a moment where the world had to rebuild itself, not only from an infrastructure point of view, but also from a social diplomacy point of view”.

She added that the motto of this year’s Games is ”Embrace the Future” and the 26 countries that will be competing in Taranto this year will be also bringing their cultures together.

The Ambassador also noted that Taranto was founded in the 8th century by Greece as a Greek colony and was one of the state cities of the Magna Grecia. ”And it carries this history still, because in the region where Taranto is now, which is called Apulia, which is a wonderful region,” she noted.

She also said that there are a lot of towns where an old version of Greek is still spoken, which is called Griko.

The Deputy Ambassador said that Cyprus will arrive in Taranto this year with every reason to be proud as in the last edition its athletes reached an incredible success, winning 14 medals across a remarkable variety of disciplines.

Head of Mission at the Games, Andreas Theofylaktou, said that this is a very large mission and therefore a very great responsibility.

He noted that this year’s event presents a significant organizational peculiarity, since the majority of the missions will be hosted on ships, which will be docked at the Taranto naval base.

“This peculiarity has significantly influenced our planning, without, however, changing our main goal, which is none other than the creation of the best possible conditions for all our athletes,” he said.

Speaking on behalf of the athletes, the gold medalist at the Commonwealth Games, Yiannis Antoniou, stressed that all athletes will give their best to achieve the best possible result.

On behalf of Cyprus Sports Organization, Costas Solomou, said that the organization is currently supporting over 100 athletes in the two high-performance and young champions programs.

CNA/THK/KCH/MK/2026S, CYPRUS NEWS AGENCY

Chicks for fattening record a 20.7% increase in June

The number of chicks used for fattening increased by 20.7% year-on-year in June, according to the Statistical Service.

Specifically, chicks used for fattening reached 1,458,490 in June, compared with 1,208,290 in June of last year.

Meanwhile, the number of female chicks intended for egg laying recorded a marginal 0.2% decline in June, falling to 60,670 from 60,780 in June 2025.

As for poultry eggs for hatching placed in incubation for egg-laying purposes, they recorded a 38.1% year-on-year decrease in June, dropping to 82,650 from 133,500 a year earlier.

In contrast, hatching eggs placed in incubators for meat production increased by 15.5%, reaching 1,843,260 in June, compared with 1,595,470 in June 2025.

CNA/MCH/AGK/2026S, CYPRUS NEWS AGENCY