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

CYPRUS DEPARTMENT OF METEOROLOGY

FORECAST FOR THE SEA AREA OF CYPRUS (B)

FOR THE PERIOD FROM 1200 02/09/2026 UNTIL 1200 03/09/2026

Area covered is 8 kilometers seawards.

Winds are in BEAUFORT scale. Times are local times.

Atmospheric pressure at the time of issue: 1010hPa (hectopascal)

Seasonal low pressure is affecting the area. The weather will be mainly fine with risk of locally increased low cloud coverage, overnight and during the morning.

Visibility: Good

Sea surface temperature: 29°C

Warnings: NIL

AREA PERIOD WIND STATE OF SEA

West Coast

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

Night Northwest to Northeast 3, locally at first West to Northwest 4 Smooth to Slight

Morning Northwest to Northeast 3, gradually Southwest to West Smooth to Slight

South Coast

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

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

Morning Variable 3, later Southeast to Southwest Smooth to Slight

East Coast

Afternoon Southeast to Southwest 3 to 4 Smooth to Slight

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

Morning Southwest to Northwest 3, later Southeast to Southwest Smooth to Slight

North Coast

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

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

Morning Southeast to Southwest 3, later West to Northwest Smooth to Slight

EUAA offers operational support for the relocation of asylum applicants from Cyprus

Cyprus and Greece recorded the highest numbers of applications for international protection in the EU relative to the size of their populations during the first half of 2026, Nina Gregori, Executive Director of the EUAA, said on Wednesday during a discussion on the 2026 Asylum Report in the European Parliament’s Committee on Civil Liberties, Justice and Home Affairs (LIBE).

Cyprus was specifically mentioned in connection with the relocation of asylum applicants as part of the implementation of the Pact on Migration and Asylum. The EUAA Executive Director said that the Agency, in cooperation with the European Commission and the Solidarity Coordinator, had established dedicated operational support for the relocation of asylum applicants from Cyprus to other participating Member States.

Gregori noted that, in absolute terms, France and Italy received the highest numbers of applications during the first half of the year. Overall, applications for international protection in the EU fell by 17% compared with the corresponding period of 2025. According to Gregori, the decline was linked to fewer applications from Syrians, Venezuelans and Bangladeshi nationals.

Moreover, she explained that an operational plan had been drawn up and recently signed with Cyprus, Bulgaria and Romania. In Cyprus, she noted, the EUAA assists in identifying applicants who are to be relocated, matching them with receiving Member States and providing them with information ahead of their transfer.

According to Gregori, the first transfer from Cyprus to Romania took place on 25 August and involved 30 asylum applicants from Somalia and Sudan. She added that further relocations from Cyprus to Bulgaria and Lithuania were expected to follow.

Strong growth path, commitment to prudent fiscal policy, Finance Minister tells CNA

Finance Minister Makis Keravnos expressed satisfaction with the performance of the Cypriot economy in a statement to the Cyprus News Agency (CNA), while assuring that the Ministry of Finance ‘will consistently continue the careful and prudent fiscal policy it has been pursuing’, which ‘strengthens the credibility and resilience of the economy’.

Asked to comment on data released by the Statistical Service and Eurostat on the Cypriot economy for the first half of 2026, the Finance Minister said the figures show that the Cypriot economy maintained a strong growth rate in a European and international environment that remains challenging. Real GDP increased by 3.3%, compared with growth of just 1% in the euro area.

‘We are growing at more than three times the European average, at a time when most European economies are struggling to maintain momentum,’ Keravnos stressed.

The Finance Minister placed particular emphasis on the composition of growth, citing Statistical Service data showing that the largest contributions came from wholesale and retail trade, the information and communications sector, financial and insurance activities, and construction.

As he pointed out, growth is spread across a broad range of the economy and does not depend on a single sector, which gives it greater sustainability.

Fiscal figures are moving in the same direction, he added, with the General Government surplus for the January-July 2026 period reaching pound 770.6 million, or 2.0% of GDP, up compared with the corresponding period last year.

He noted that public debt fell to 55.0% of GDP at the end of 2025, below the 60% threshold for the first time since 2009, as he said, and continues to decline, while unemployment remains at its lowest levels of the past decade.

Keravnos said this performance had also been confirmed by international rating agencies. During 2026, Standard and Poor’s in March and Fitch in May maintained the Republic of Cyprus at investment grade A- with a positive outlook, while Moody’s, in its periodic review in May, affirmed its A3 rating, expecting fiscal surpluses to continue and public debt to decline further.

These, he said, are independent assessments based on fiscal discipline, the reduction of public debt and the stability of the financial system.

Policies to spread the benefits of growth to citizens

—————————–

At the same time, the Finance Minister referred in his statement to CNA to the pressures that households and businesses continue to face due to negative geopolitical developments, the continuation of conflicts in the wider region and the global energy crisis. These factors have resulted in imported inflation, mainly driven by international energy prices, putting pressure on citizens’ incomes and increasing operating costs for businesses.

According to Keravnos, the Government will continue to implement those economic policies and reforms that ensure the benefits of growth are felt in the everyday lives of households and businesses.

Price index of the means of agricultural production down 2.6% in Q1, 2026

The price index of the means of agricultural production in agriculture reached 121.37 (100=base year 2020), in the first quarter of 2026, marking a decrease of 2.62% compared to the corresponding quarter of 2025, according to data published on Wednesday by the Statistical Service.

The largest annual decrease was recorded in the price of seeds and planting stock (-19.4%) and in the price of electricity (-10.95%).

Conversely, during the same period, the largest increases were recorded in the price of transport equipment and tractors (16.5%) and in materials (8.23%).

In the same quarter, the price index of agricultural products reached 134.24 for the total agricultural production, up 5.4% compared to the same quarter of 2025. Specifically, crop production reached 156.20 and livestock production 124.38 (100=base year 2020), recording an annual increase of 7.09% and 4.55% respectively.

As regards crop production, the largest increases in producer prices in the first quarter of 2026 were recorded for tomatoes (90%) and apples (29.5%), while the largest decreases were for seedlings (19.4%). Similarly, in livestock production, the largest increase was recorded in beef (59%), while the largest decrease was in pork (15.4%).

PRESS RELEASE – EUROPEAN COMMISSION

Commission boosts maritime manufacturing with new EU Industrial Maritime Value Chains Alliance

The European Commission has officially launched the new EU Industrial Maritime Value Chains Alliance, following up on its commitment in the recently adopted European Industrial Maritime Strategy.

The maritime industry is a cornerstone of Europe’s economic security and strategic autonomy, with a key role in safeguarding supply chains, ensuring defence readiness and supporting the clean and digital transitions.

The alliance aims to bring together maritime manufacturers, shipowners and other downstream users, Member States and their regions, investors, and social partners.

Its goal is to help strengthen Europe’s maritime industrial and technological sovereignty in identified lead markets, notably segments with a potential to bolster Europe’s maritime manufacturing capacity. The alliance will help to create business cases for scaling up production and deployment in market segments and technologies relevant for the EU manufacturing base and address the needs of the shipping, ports, and other segments of the maritime sector. In addition, this alliance will prompt targeted investment, public-private synergies and industrial collaboration towards joint action and concrete projects, while addressing market, trade and competitiveness challenges in a more comprehensive manner.

A call for applications published today invites stakeholders to join if they comply with the eligibility criteria and commit to the objectives of the Alliance. The call will remain continuously open with a first cut-off deadline on 16 October 2026.

(For more information: Ricardo Cardoso – Tel.: +32 2 298 01 00; Rya Perincek – Tel.: +32 2 299 49 03)

Commission approves German capacity mechanism of up to pound 35 billion to secure electricity supply

The European Commission has approved, under EU State aid rules, a capacity mechanism for Germany available from 2031. This measure, with an estimated cost between pound 15.6 billion and pound 35.2 billion, aims to ensure sufficient capacity to produce, store or flexibly consume electricity, so that electricity production can consistently meet expected demand. Capacity mechanisms can play an important role ensuring security of supply as part of the transition to a decarbonised electricity system, and the measure includes requirements that will support climate neutrality by 2045 at the latest.

The Commission assessed the German measure 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, and the Guidelines on State aid for climate, environmental protection and energy 2022 (‘CEEAG’). The Commission found that the measure is necessary, appropriate and proportionate.

On this basis, the Commission approved the German measure under EU State aid rules.

In addition to the measure approved today by the Commission under EU State aid rules, Germany intends to introduce a structural capacity mechanism in 2027. This new measure is planned to more extensively address Germany’s security of supply concerns from 2032 onwards and will be covered by a separate budget. This future capacity mechanism is outside the scope of today’s Commission decision but is an important part of the package for delivering the investor certainty needed for security of supply.

A press release is available online.

(For more information: Ricardo Cardoso – Tel.: +32 2 298 01 00; Luuk de Klein – Tel.: +32 2 299 47 74)

Commission approves pound 30 million Portuguese State aid for agricultural, fishery and aquaculture companies facing increased fuel and fertiliser prices

The European Commission has approved a pound 30 million State aid scheme for agricultural, fishery and aquaculture companies facing increased fuel and fertiliser 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, which will run until 31 December 2026, aims to mitigate the impact of the increase in agricultural fuel and fertiliser prices.

The aid will take the form of direct grants. The scheme concerns the grant of a limited amount of aid calibrated on the increase of the prices of fuel and fertilisers with a maximum of pound 50,000 per company. For the agricultural sector, the aid for fertilisers is based on a fixed amount depending on the number of hectares of agricultural surface and the animals of the company. The aid for fuel costs consists of pound 0.10 per litre of agricultural or marine diesel consumed from 1 April to 30 June 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, the 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 the primary production of agricultural, 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 Portuguese scheme under EU State aid rules.

A press release is available online.

(For more information: Ricardo Cardoso – Tel.: +32 2 298 01 00; Luuk de Klein – Tel.: +32 2 299 47 74)

Commission clears acquisition of Synthomer by Mutares

The European Commission has approved, under the EU Merger Regulation, the acquisition of sole control of Synthomer a.s. of Czechia by Mutares SE and Co. KGaA (‘Mutares’) of Germany.

The transaction relates primarily to the chemicals sector.

The Commission concluded that the notified transaction would not raise competition concerns, given that the companies are not active in the same or vertically related markets. 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.12517.

(For more information: Ricardo Cardoso – Tel.: +32 2 298 01 00; Sara Simonini – Tel.: +32 2 298 33 67)

Commission clears acquisition of Batibig by Charterhouse

The European Commission has approved, under the EU Merger Regulation, the acquisition of sole control of Batibig 3 SAS (‘Batibig’) of France by Charterhouse Capital Partners LLP (‘Charterhouse’) of the UK.

The transaction relates primarily to electrical and construction installations and maintenance.

The Commission concluded that the notified transaction would not raise competition concerns, given the companies’ limited market position 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.12563.

(For more information: Ricardo Cardoso – Tel.: +32 2 298 01 00; Sara Simonini – Tel.: +32 2 298 33 67)

Commissioner Zaharieva in Prague to discuss EU priorities on innovation, research, AI and competitiveness

Tomorrow, 3 September, Commissioner for Start-ups, Research and Innovation Ekaterina Zaharieva will be in Prague, Czechia, for discussions with Czech authorities and leading representatives of the research community on the EU’s priorities in innovation, research, artificial intelligence and competitiveness.

During her visit, Commissioner Zaharieva will meet First Deputy Prime Minister and Minister of Industry and Trade, Karel Havlícek; Deputy Prime Minister and Minister of Finance, Alena Schillerová; Minister of Education, Youth and Sports, Robert Plaga; and President of the Czech Academy of Sciences, Radomír Pánek. Discussions will focus on key EU initiatives supporting start-ups, scale-ups, research and innovation, including the Startup and Scaleup Strategy, the Scaleup Europe Fund, and the future EU research programme, Horizon Europe 2028-2034. The agenda will also cover the forthcoming European Research Area Act and the European Innovation Act.

Commissioner Zaharieva will also take part in the Central and Eastern Europe AI Summit 2026, where she will deliver a keynote speech, participate in a panel discussion on scaling AI innovation in Central and Eastern Europe, and join a roundtable exchange with founders and CEOs of AI start-ups.

(For more information: Maciej Berestecki – Tel: +32 229-66483; Isabel Arriaga e Cunha – Tel: +32 229-52117)

Tentative agendas for forthcoming Commission meetings

Note that these items can be subject to changes.

Upcoming events of the European Commission

Eurostat press releases

Calendar items of the President and Commissioners

Individual calendars of the President and Commissioners

Poultry for egg production falls 32% y/y and 60% m/m in July

A 32% decrease was recorded in July 2026 for female poultry intended for egg production, compared to the corresponding month of 2025, according to data published on Wednesday by the Statistical Service. Compared to the previous month, a decrease of 60% was recorded.

Specifically, in July 2026, the female poultry intended for egg production amounted to 24,190, down from 60,670 in June 2026 and 35,820 in July 2025.

At the same time, male poultry intended for fattening increased by 10.7% year-on-year and 3.8% month-on-month. Specifically, they reached 1,402,640 in July 2026, down from 1,458,490 in June 2026 and 1,267,560 in July 2025.

On the other hand, in July 2026, the eggs placed for incubation for egg production purposes reached 73,920, an increase of 84.7% compared to the same month of 2025, while they decreased by 10.5% compared to the previous month.

Similarly, the eggs placed for incubation for meat production purposes reached 1,752,150 in July, an increase of 8.3% compared to the same month of 2025, but decreased by 4.9% compared to June 2026.

Cyprus participates in European environmental protection campaign for fourth year

Cyprus is taking part for the fourth consecutive year in the European #PlantHealth4Life campaign, which concludes this year, aiming to raise public awareness, particularly among younger generations, about environmental protection and plant health, according to a press release issued by the Ministry of Agriculture, Rural Development and Environment and the European Food Safety Authority (EFSA) on Wednesday.

According to the press release, the campaign is a joint initiative of the European Commission, the European Food Safety Authority (EFSA) and 33 countries. It noted that protecting the environment and plant health is one of the most important challenges at European and global level, while highlighting the key role of education in shaping responsible citizens.

Dr. Anthemis Melifronidou-Pantelidou, Senior Product Inspection Officer and the Department of Agriculture’s official responsible for plant health issues, said that ‘educating young people about environmental protection and plant health is an investment in our future. Through knowledge and the cultivation of environmental awareness, we are laying the foundations for a society that respects and protects nature.’

The campaign also features mascot ‘Pesty’, which is used to present challenges related to plant health and nature protection in a more creative way.

Cyprus Stock Exchange

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

MEETING DATE: 02/09/2026

INDICES BASE VALUES: FTSEMed=5000, OTH

EURO (pound )

TRADED VALUE:

320,416.10

INDEX

VALUE

% DIFF.

VALUE (pound )

FTSE/CySE 20

184.790

-0.520

315,939.550

MAIN MARKET INDEX

245.370

-0.820

286,556.540

INVESTMENT COMPANIES MARKET INDEX

2,758.110

-1.030

17,329.540

CSE GENERAL INDEX

314.550

-0.500

316,051.050

HOTELS INDEX

2,035.720

0.000

431.200

ALTERNATIVE MARKET INDEX

2,159.570

0.440

33,859.560

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

Over 40% monthly decrease in goats and sheep in May, according to CYSTAT

Both sheep and goats decreased by over 40% in May compared to the previous month, according to data published by the Statistical Service.

It is noted that during this period measures to control foot-and-mouth disease were underway, which included, among other things, the culling of animals.

During the same period, cattle recorded a slight increase of 2.69%.

Specifically, the total number of sheep in May 2026 amounted to 14,642, down from 25,174 in April 2026, marking a decrease of 41%.

Similarly, the number of goats at the end of May was 8,679, down from 15,247 in April, a reduction of 43%.

The cattle count was 1,375, up from 1,339 a month earlier, reflecting an increase of 2.69%.

Additionally, the number of pigs at the end of May stood at 43,066, down from 44,629, showing a decrease of 3.5%, while poultry reached 1,411,776, up from 1,171,116, marking a monthly increase of 20.55%.

On the other hand, compared to May 2025, sheep and goats show a significant increase at the end of May 2026, of 55.4% and 30.5% respectively, while cattle show an annual decrease of 9.9%. A marginal annual decrease of 0.7% is recorded for pigs, while poultry shows an increase of 16.1% in May 2026 compared to May 2025.

President extends condolences to families of those who lost their lives at Cape Greco and Kyrenia

‘The pain is the same,’ President Nikos Christodoulides said on Wednesday, expressing his condolences on behalf of the state to the families of those who lost their lives last week at Cape Greco and in the shipwreck off Kyrenia.

Addressing members of the Council of Ministers at the start of the Cabinet’s meeting at the Presidential Palace, the President of the Republic referred to the weekend’s two ‘tragic incidents’ one in the free Famagusta area, ‘with the tragic loss of one of our compatriots, and in occupied Kyrenia, with the tragedy of the shipwreck, which claimed many lives’.

‘In human tragedies, in the loss of human life,’ President Christodoulides he said, ‘the pain is the same, and I would like today, before we begin, to express, on behalf of the state and the Republic of Cyprus, my heartfelt condolences to the families and loved ones’ of those who lost their lives.

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. The latest round of negotiations, in July 2017 at the Swiss resort of Crans-Montana ended inconclusively.