National Council meeting underway

A meeting of the National Council has been underway since 10:40 a.m. under President of the Republic, Nikos Christodoulides, who is expected to brief members on the latest developments regarding the Cyprus issue, following last week’s visits to Cyprus by the UN Secretary-General, António Guterres, and the EU’s Special Representative for the Cyprus issue, Raffaele Fitto.

Attending the meeting are former President of the Republic Nicos Anastasiades, President of DISY Annita Demetriou, AKEL Secretary-General Stefanos Stefanou, ELAM President Christos Christou, DIKO President Nicolas Papadopoulos, President of ALMA – Citizens for Cyprus Odysseas Michaelides, and President of the Direct Democracy, Fidias Panayiotou.

Also taking part are the Minister of Foreign Affairs, Constantinos Kombos, Deputy Minister to the President, Irene Piki, the Deputy Government Spokesperson, Yiannis Antoniou, the Greek Cypriot side’s negotiator, Menelaos Menelaou, the Deputy Director of the President’s Diplomatic Office, Nektarios Sotiriou, and the Director of the President’s Press Office, Victoras Papadopoulos.

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.

PRESS RELEASE – EUROPEAN COMMISSION

Commission approves pound 20 million State aid for agricultural, fishing and aquaculture companies in Friuli Venezia Giulia region facing increased fuel and fertiliser prices

The European Commission has approved a pound 20 million State aid scheme for agricultural and fishing companies in the Italian region of Friuli Venezia Giulia that are 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 at mitigating the impact of the increase in agricultural fuel and fertiliser prices, as well as in fishery and aquaculture fuel prices. The aid will take the form of direct grants and subsidised loans. It will be determined on the basis of the size of land used for the primary production of agricultural products, and on the basis of estimates of fuel consumption in the primary production of fishery and aquaculture products, capped to pound 50,000 per beneficiary. The aid is paid by the autonomous region of Friuli Venezia Giulia.

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 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 Italian regional scheme under EU State aid rules.

More information on the METSAF is available online. The non-confidential versions of today’s decisions will be made available under case number SA.123315, in the State aid register on the Commission’s competition website.

(For more information: Siobhan McGarry- Tel.: +32 2 296 47 98; Luuk de Klein – Tel.: +32 2 299 47 74)

Commission clears acquisition of Formosa 2 by PSPIB and JERA Nex bp

The European Commission has approved, under the EU Merger Regulation, the acquisition of joint control of Formosa 2 International Investment Co., Ltd (‘Formosa 2′) of Taiwan by the Public Sector Pension Investment Board (‘PSPIB’) of Canada and JERA Nex bp Limited of the UK.

The transaction relates primarily to the sector of offshore wind farms in Taiwan.

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.12532.

(For more information: Siobhan McGarry- Tel.: +32 2 296 47 98; Paula Clara Ritter-Moschütz – Tel.: +32 2 296 40 83)

Commission clears acquisition of Majis by Iv3 and Rakiza

The European Commission has approved, under the EU Merger Regulation, the acquisition of joint control of Majis Industrial Services (‘Majis’) of Oman by Iv3 Aqua Holding A/S (‘Iv3′) of Denmark, ultimately solely controlled by A.P. Møller og Hustru Chastine Mc-Kinney Møllers Fond til almene Formaal of Denmark, and Rakiza GP I Ltd (‘Rakiza’) of Guernsey, a fund ultimately jointly controlled by the Oman Investment Authority of Oman and Equitix Investment Management Ltd of the UK.

The transaction relates primarily to the industry of water supply, desalination and wastewater management in a specific region in Oman.

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.12535.

(For more information: Siobhan McGarry- Tel.: +32 2 296 47 98; Paula Clara Ritter-Moschütz – Tel.: +32 2 296 40 83)

Commission clears creation of joint venture EPL by Indorama and Blackstone

The European Commission has approved, under the EU Merger Regulation, the creation of a joint venture EPL Ltd., including Indovida India, both of India, by Indorama Netherlands B.V. of the Netherlands, controlled by Indorama Ventures Public Company Limited (‘Indorama’) of Thailand, and Epsilon Bidco Pte. Ltd. of Singapore, controlled by Blackstone Inc. of the US.

The transaction relates to the manufacturing and sale of plastic packaging products and PET materials.

The Commission concluded that the notified transaction would not raise competition concerns, given the companies’ limited combined 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.12457.

(For more information: Siobhan McGarry- Tel.: +32 2 296 47 98; Paula Clara Ritter-Moschütz – Tel.: +32 2 296 40 83)

Statement by President von der Leyen, Executive Vice-President Mînzatu, and Commissioner Lahbib ahead of European Roma Holocaust Memorial Day

On 2 August, we commemorated European Roma Holocaust Memorial Day. Ursula von der Leyen, President of the European Commission, Roxana Mînzatu, Executive Vice-President for Social Rights and Skills, Quality Jobs and Preparedness, and Hadja Lahbib Commissioner for Equality, Preparedness and Crisis Management, issued the following statement:

“Today, we mark the eighty-second anniversary of one of the darkest chapters in Europe’s history. On the night of 2 August 1944, 4,300 Roma and Sinti children, women and men were murdered at Auschwitz-Birkenau. They were among the more than 500,000 Roma who lost their lives during the Holocaust – a genocide that destroyed families, communities and cultures, and claimed at least a quarter of the Roma population living in Europe at the time.

For decades, the suffering of Roma and Sinti victims was overlooked, their voices unheard, their families left with an absence that could never be filled. Today, we honour their memory and reaffirm our shared responsibility to ensure that this chapter of the Holocaust is never forgotten or diminished.

As the voices of survivors become fewer with each passing year, our responsibility to preserve their memory grows greater. Each year, we mark 2 August as European Roma Holocaust Memorial Day. By remembering the past, we reaffirm our commitment to prevent such atrocities from ever happening again.

While we learn from the past, we must also address the injustices of the present. Antigypsyism remains an enduring challenge for many Roma across Europe, continuing to drive inequality, social exclusion, systemic discrimination and violence. This is unacceptable. We stand united against discrimination, racism and hatred in all their forms. Confronting this legacy is a foundational pillar of our Roma Strategic Framework 2020-2030, which champions Roma inclusion in all aspects of life. The recently adopted Anti-Racism Strategy 2026-2030 also explicitly targets antigypsyism as a distinct and severe form of racism which requires dedicated action.

We hold the memory of the victims in our hearts and we will never forget them. We renew our commitment to uphold the values on which our Union is built. It is through remembrance, education and determined action, that we can build a Union where every person can live in dignity, equality and freedom. Hatred has no place in Europe.

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 03/08/2026 UNTIL 1200 04/08/2026

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, but tonight and tomorrow morning, locally increased low cloud coverage will be present mainly over the coastals. Local mist and/or fog patches are likely over the south and the east.

Visibility: Good

Sea surface temperature: 28°C

Warnings: NIL

Cyprus ranks second in the EU for share of land affected by desertification, according to JRC

Forty-five per cent of the land in Cyprus is classified as being under desertification conditions, one of the highest proportions in the EU, according to a report by the European Commission’s Joint Research Centre (JRC) published on Monday.

The report, entitled ‘’Towards a better characterisation of land degradation and desertification in the European Union’’, presents an updated methodology developed by the Joint Research Centre for mapping the areas of the EU affected by land degradation and desertification.

According to the report, Spain records the highest share of land under desertification conditions, at 53%, followed by Cyprus at 45% and Greece at 36%.

Cyprus also records the highest proportion of its population affected by desertification. According to the report, 61% of the population of Cyprus, approximately 0.7 million people, live in areas under desertification conditions. Greece follows at 47%, Spain at 43%, Romania at 39% and Bulgaria at 37%.

At EU level, the report states that drylands currently cover around 15% of the Union, equivalent to 611,000 square kilometres, an area approximately twice the size of Italy. Of this area, 530,000 square kilometres are affected by desertification, corresponding to around 12% of the EU’s territory and affecting approximately 42 million people.

President ready to take any step to resume Cyprus talks, V. Papadopoulos says

The President of the Republic is prepared to do whatever may help lead to the resumption of negotiations and the resolution of the Cyprus issue, Director of the President’s Press Office, Victoras Papadopoulos, said on Monday following the meeting of the National Council at the Presidential Palace.

Speaking to journalists, Papadopoulos said that the President had given members of the National Council “a comprehensive briefing” on his meetings with the UN Secretary-General, including both their bilateral meeting and the meetings held in the presence of the Turkish Cypriot leader, Tufan Erhürman.

According to Papadopoulos, the President also briefed the Council on the visit to Cyprus by the European Union’s Special Envoy for Cyprus and Vice-President of the European Commission, Raffaele Fitto, which took place right after the UN Secretary-General’s visit. He also exchanged views with Council members on the next steps, “which effectively began the day after the Secretary-General’s visit to Cyprus, with the aim of leading to the expanded meeting announced by the UN Secretary-General, for which he has already received the green light from all parties involved, as he himself has stated”.

Papadopoulos said it was particularly encouraging that, following the suspension of negotiations in 2017, the UN Secretary-General had “so clearly and unequivocally reiterated” in his remarks to journalists that his efforts are being conducted within the framework of the United Nations, on the basis of the agreed convergences and the acquis of previous negotiations. He also noted that the Secretary-General had called on the parties to “go the last mile”, indicating that negotiations should continue from the point at which they were interrupted in the summer of 2017.

Papadopoulos added that the President had informed the National Council that he would remain available to the United Nations throughout August. “From the day after the meeting with the Secretary-General, we have been working with the UN Secretariat and the Secretary-General’s representatives towards that objective”, he said.

The President, he said, also outlined to Council members the actions he intends to take in the immediate future to help ensure the success of the Secretary-General’s efforts to convene an expanded meeting as soon as possible.

Asked whether it was realistic to expect the United Nations to complete the process of recording the agreed convergences before the UN General Assembly, Papadopoulos said that the UN has a clear plan.

“The Secretary-General has a specific plan, and the fact that he is proceeding with it means he considers the available timeframe realistic, both for convening an expanded conference and for restarting negotiations with prospects for success, as he himself has stressed”, he said.

Asked whether the preparatory phase is focusing on confidence-building measures (CBMs), documenting the convergences, or arranging another meeting between President Christodoulides and Erhürman, Papadopoulos said that the Secretary-General’s objective, as he has publicly stated, is for the expanded meeting to produce a concrete outcome. “That outcome is nothing other than the resumption of negotiations”, he said. “His aim is to reach a point where, by the time the expanded meeting takes place, we can achieve results. As he said during his press conference in New York, when we return to negotiations, there must be a tangible outcome”, he added, noting that the outcome Guterres has set as his objective is the resumption of negotiations. “Therefore, all preparatory efforts are focused exclusively on achieving that goal,” he added.

Papadopoulos noted that confidence-building measures can help create a positive climate, although they are not a prerequisite. “The President of the Republic attaches great importance to this aspect as well, which is why he has specific proposals to put forward in that regard”, he said.

Asked whether Turkey had given a positive response on issues beyond agreeing to the convening of the expanded conference, Papadopoulos noted that “the Secretary-General has said he has secured the green light from all parties to convene a conference aimed at resuming negotiations. He has also said that, for the conference to succeed, preparatory work will be carried out, and he himself will decide when that preparation has reached the point where a successful outcome can be expected”.

In response to another question, the Director of the President’s Press Office said, “no one underestimates the difficulties, including the UN Secretary-General”. “The fact that negotiations have not resumed demonstrates that there are obstacles. However, those obstacles are not of our making. Our side has the political will; we would have been ready to return to negotiations even yesterday”, he added.

Asked about a social media post by Erhürman proposing weekly meetings with the President of the Republic, and whether the President would be willing to accept such a proposal, Papadopoulos said, “anything that could help us achieve the objective of resuming negotiations and resolving the Cyprus issue is something the President of the Republic is prepared to do.”

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 stands ready to assist Greece in firefighting efforts, President says

The Republic of Cyprus is in continuous communication with the Greek government and stands ready to assist in the firefighting operation, President of the Republic Nikos Christodoulides said in a written statement expressing profound sorrow over the devastation caused by the deadly wildfires.

“It is with profound sorrow that we are witnessing the devastation caused by the deadly wildfires that have been raging in various parts of Greece during the past few days,” the President said, adding that “we share in the grief over the loss of human lives, and our thoughts are with our Greek brothers and sisters who are enduring this difficult ordeal.”

According to President Christodoulides, through the National Civil Protection Coordinator, the Republic of Cyprus remains in constant communication with the Greek Government and is ready to provide assistance in the firefighting efforts.

Cyprus Stock Exchange

Cyprus Stock Exchange

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

MEETING DATE: 03/08/2026

INDICES BASE VALUES: FTSEMed=5000, OTH

EURO (pound )

TRADED VALUE:

575,448.04

INDEX

VALUE

% DIFF.

VALUE (pound )

FTSE/CySE 20

185.770

0.560

573,108.380

MAIN MARKET INDEX

249.290

1.200

494,455.860

INVESTMENT COMPANIES MARKET INDEX

2,880.710

-0.330

16,256.350

CSE GENERAL INDEX

316.110

0.570

573,220.730

HOTELS INDEX

1,762.010

0.000

1,000.000

ALTERNATIVE MARKET INDEX

2,112.870

-1.380

78,764.870

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

Cyprus reaches eight medals at Commonwealth Games

Cyprus increased its medal tally to eight at the 23rd Commonwealth Games in Glasgow on Friday after winning three medals in judo, marking the country’s best-ever performance in the sport at the Games.

According to the Cyprus Olympic Committee (COC), George Balarjishvili secured the silver medal and Petros Christodoulides claimed the bronze in the men’s under-66kg event, while Sofia Asvesta won the silver medal in the women’s under-52kg category.

Balarjishvili and Christodoulides faced each other in the semi-finals, guaranteeing Cyprus a place in the final, while on the next tatami Asvesta booked a place in the medal matches, in what the COC described as a historic moment for the Cyprus Commonwealth Games Association.

The three medals lifted Cyprus’ overall tally at the Games to eight, comprising five silver and three bronze medals.

Cyprus also recorded a positive result in athletics, with Filippa Fotopoulou qualifying for the women’s long jump final.

A strategic effort is underway to resume negotiations, Cyprus President says

A systematic and strategically designed effort is underway to resume negotiations for the resolution of the Cyprus issue, after many years, President of the Republic, Nikos Christodoulides, said on Friday evening, addressing an event in the mountainous community of Evrychou.

The President expressed his satisfaction that this effort is yielding results so far and reaffirmed his will to continue in this direction. He noted that he had a busy week, with the visit of the Secretary-General of the United Nations and European Union’s Envoy in Cyprus.

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.

UNSG firmly supports the work of technical committees, M. Loizides tells CNA

UN Secretary-General, Antonio Guterres, expressed strong support for the work of the bicommunal technical committees during his latest visit to Cyprus, Michalis Loizides, the Greek Cypriot chair of the Technical Committee on Environment, told CNA.

Loizides pointed out the need for further utilization and promotion of the Committees’ work, highlighting the particularly good climate established among the Committees’ members from both communities.

The members of the committees met with UN Secretary-General, Antonio Guterres, in the presence of the head of UNFICYP and Special Representative, Kasim Diagne, as well as the personal envoy of the UN Secretary-General, Maria Angela Holguin.

During the meeting, Loizides says, UN officials referred to the need for developing cooperation between the communities as a basis for promoting a resolution for the Cyprus issue, while also highlighting confidence-building measures (CBMs) as crucial in demonstrating intent to achieve a solution.

“The UNSG’s sees CBMs are an indication of the leaders’ willingness to cooperate, which is a prerequisite for the coexistence of the two communities,” Loizides told CNA, adding that this cooperation is currently manifested through the technical committees.

He further said that during the Secretary-General’s visit to Cyprus, there were positive developments, as the Committees received approval from the political leadership and the negotiators for a series of actions.

“Contacts through the technical committees have created the ground for effective management of joint problems,” Loizides explained, emphasizing that the work of the committees is not of a political nature but is carried out at the level of civil society and contributes to maintaining the momentum for achieving a solution. He also highlighted the importance of the sincerity and selfless disposition that characterizes the volunteers participating in the committees from both communities.

The results confirm the positive implications of cooperation

——————–

The positive results in the efforts that have already been made to address environmental threats, demonstrate the importance of cooperation, Loizides noted. He referred to the results of two actions that aimed at the elimination of plant diseases.

A joint effort to introduce an insect that acts as a natural enemy of a pest affecting citrus fruits had results beyond expectations, Loizides said, ensuring that the pest population has remained below alarm thresholds for a year, thereby securing Cyprus fruit exports.

A similar effort is underway to combat the pest that attacks prickly pear plants. For the past three months, an insect has also been introduced as a natural enemy of the pest in this case. Although its population has not significantly increased so far, it appears to be still present throughout Cyprus and is being monitored.

Loizides also mentioned that the UN are looking into the creation of a GIS (geographic information system) digital platform, for recording and monitoring plant diseases throughout Cyprus.

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.

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.