Countries threatening EU member states cannot participate in SAFE, Palmas says

Countries that pose a threat to EU member states cannot participate in SAFE, Defence Minister Vasilis Palmas reiterated on Sunday, referring to the ‘very clear’ position of European Council President Antonio Costa, which ‘needs no further interpretation.’

The Defence Minister, in statements made in Kelokedara, Paphos, after the memorial service for the fallen heroes of the community, and asked about the issue, said that a list of defence programmes of interest to the Republic of Cyprus will be submitted by November 30.

Asked if there had been any developments regarding Turkey’s accession to SAFE, Palmas said that ‘the position of the President of the European Council, Mr. Antonio Costa, is very clear, that countries which pose a threat to EU member states cannot participate in the SAFE regulation.’

He further noted that ‘therefore, this position, in itself, with absolute clarity, requires no other interpretation than what Mr. Antonio Costa has said.’

Beyond that, the Minister of Defence continued, ‘the Republic of Cyprus, as is well known, has been approved to participate in this regulation with an amount of 1.2 billion.’

He added that “we have until November 30 to submit the list of equipment programmes that we are interested in so that the process can move forward and be completed within a five-year horizon, to exhaust this amount with whatever equipment we consider useful for strengthening our National Guard and our defensive shield,” he concluded.

It is noted that November 30 is the deadline for countries wishing to obtain loans through SAFE, which must have submitted their defence plans by then for immediate evaluation by the European Council.

President to take part in Gaza reconstruction conference in Egypt on Monday

The President of the Republic, Nikos Christodoulides, will travel to Egypt tomorrow to participate in the conference on the reconstruction of Gaza, with a specific plan to present, which includes the participation of the Cypriot companies in the reconstruction of Gaza.

In statements to media representatives after the memorial service for the heroes of the Saranti community, and asked about the telephone communications he had yesterday and will have today with state leaders, the President of the Republic said that yesterday he spoke with the President of Egypt, the Prime Minister of Israel, and the President of the European Council, and today at 11 a.m. he will speak with the President of the United Arab Emirates.

“I would like to publicly thank US President Donald Trump, as well as the President of Egypt, Abdel Fattah al-Sisi, for inviting our country to attend the ceremony for Gaza tomorrow. Taking into account the fact that only 22 countries have been invited, along with the institutions, I consider the invitation as recognition of the role of the Republic of Cyprus in the region, recognition of what we have done all this period, but also, at the same time, as an indication of what is expected of us by the international community,” he continued.

“And we have a specific plan that we will develop at the relevant ceremony to be held in Egypt, in relation to the reconstruction of Gaza. We want Cypriot companies to play a role in rebuilding the country, we want the Republic of Cyprus to play a role in security issues, all of which fall within the scope of what has been agreed, particularly in the first phase of the agreement – the full implementation of this first phase is crucial – in order to move on to the next stage. And within this framework, I will be in Egypt tomorrow together with the Minister of Foreign Affairs and the Deputy Minister of European Affairs to represent the Republic of Cyprus at this very important ceremony,” he noted.

Asked whether the Republic of Cyprus is further consolidating its position by participating in the ceremony, President Christodoulides said that ‘we had (done so) with the Amalthea corridor, we had with the evacuation of people from countries in the region, and I think the invitation is a clear sign of recognition of this role of the Republic of Cyprus, but also of what we can do from from this point on.’

“We are not resting on our laurels – and I am glad that they are recognised by the international community – but at the same time we have a specific plan from here on, in relation to the reconstruction of Gaza with the participation of Cypriot companies and the provision of more humanitarian aid,’ he added.

‘You understand that the issue that Israel has always raised continues to exist. As I told you, I spoke yesterday with the Prime Minister of Israel about the fact that everything that enters Gaza must be checked beforehand, and the Republic of Cyprus is the country that, through the CYCLOPS Centre in Larnaca, is in a position to do this beforehand, and for many other aspects of security and the implementation of the agreement,’ he noted.

‘The Republic of Cyprus is a state that has excellent relations with all its neighbours and at the same time we are a member state of the EU, we are the EU’s representative in the region, we are the country that will assume the Presidency of the Council of the EU in less than 90 days and within this framework, as I always emphasize, with actions and not words, we highlight the added value of the Republic of Cyprus,” he pointed out on the matter.

Extension of US arms embargo lift

————-

In response to a journalist’s observation that the US has lifted its arms embargo against the Republic of Cyprus for one year, the President of the Republic said that ‘it was something we expected.’

“Our goal – because we always have the next goal – is for this lifting to become permanent and not have to make this decision every year. Our goal is to go to three or five years and then make it permanent, and it is in this context that in the immediate future, officers of the National Guard will travel to the US to see first-hand the equipment we have requested from the US within the framework of the two programmes that the US has decided to include the Republic of Cyprus in,” he added.

“This development is not unrelated to what we discussed earlier, with the recognition of our country’s role in the region. In particular, we have undertaken the planning with the US Government, and they will submit their recommendations to us regarding a major important political decision we have taken and have begun to implement in relation to the upgrade of the ‘Andreas Papandreou’ Air Base, which is being done in cooperation with the US Government,” he concluded.

Cyprus reaffirms commitment to Women’s Rights at UN

The Permanent Representative of Cyprus ambassador Maria Michail reiterated at the 80th session of the UN General Assembly’s Third Committee, the country’s strong commitment to advancing gender equality and eliminating discrimination and violence against women and girls. Expressing appreciation to the briefers from UN Women, the Committee on the Elimination of Discrimination against Women (CEDAW), the Working Group on Discrimination against Women and Girls, and the Special Rapporteur on Violence against Women and Girls, she emphasized that while ‘positive steps and progress have been made in recent years, the global community is falling short of achieving gender equality by 2030.’

She noted that progress remains insufficient, warning that ‘backlashes on women’s and girls’ rights across the world are persisting’. She stressed that ‘historic inequalities, stereotyped gender roles and prejudices deeply rooted in societies continue to impede the full realization of gender equality and the empowerment of all women and girls’.

Reaffirming Cyprus’s dedication to addressing these challenges, she underlined that the country ‘is fully committed to intensifying all efforts towards achieving gender equality, eliminating all forms of discrimination against women and girls, and promoting, protecting and fulfilling their rights.

Cyprus’s approach, she pointed out, is guided by international law and conventions, notably CEDAW, and anchored in the Beijing Platform for Action and the 2030 Agenda for Sustainable Development.

Ambassador Michail highlighted that Cyprus’s national gender equality policy reflects these international commitments and seeks to ensure women’s ‘full, equal and meaningful participation in all spheres of life’.

As a newly elected member of the Human Rights Council for 2025-2027, she said, gender equality, women’s empowerment, and the elimination of violence against women and girls are among Cyprus’s top priorities.

In a show of concrete support, she announced that Cyprus has doubled its 2024 voluntary contribution to UN Women’s core resources and to the UN Women Fund for the Elimination of Violence Against Women.

She praised the organization’s work, stating that ‘Cyprus wishes to express its full support to UN Women and commends its efforts in promoting gender equality and the empowerment of women and girls worldwide’.

Concluding her remarks, the she posed a question to the UN Women official: ‘From your assessment, what are the main challenges for fully implementing the Beijing Declaration and for achieving full equality by 2030, taking into consideration that SDG5 is off track?’

GSI license transfer shows RoC interest in the project, Energy Minister tells CNA

The transfer of the GSI license and management to ADMIE demonstrates precisely what has been agreed upon in order to proceed with all pending issues and resolve them, so that the project does not encounter institutional and regulatory problems, stating in the most official manner the Republic of Cyprus’ interest in the project, the Minister of Energy, Commerce, and Industry, George Papanastasiou, told CNA on Saturday.

The geopolitical dimension of the project needs to be managed by bodies such as the implementing body itself and the European Commission, he noted, adding that the decision to implement the project has been taken, but as long as it is delayed, new circumstances arise that must be constantly evaluated.

Asked about the next steps regarding the Greece-Cyprus electricity interconnection following the transfer of the project license to ADMIE, Papanastasiou said that the ownership and management license was a pending issue that had to be resolved.

“A solution had to be found, and it was provided with yesterday’s publication of a decision by CERA, which was taken on September 3. Issues that create discussions, possibly in some cases futile, but also create mistrust between the sides need to be addressed and their resolution leads to increasing trust while through these actions, and decisions, the Republic of Cyprus’ interest in the project is being expressed in the most official manner, he further noted.

“I believe that the positions of the President of the Republic and the Prime Minister of Greece are clear, as is the direction, which is no different from that given by the European Commission in its recent statement. So, within this framework, we will do everything possible to bridge any regulatory, institutional, and other differences,” the Minister of Energy told CNA.

Regarding the geopolitical dimension of the project, Papanastasiou said that it needs to be managed by bodies “such as the implementing body itself, such as the European Union and the European Commission.”

“I believe that the European Commission has a role to play here, as the project is European, and any other discussion or comment on this issue is superfluous,” he stressed.

Asked whether specific steps for the coming period had been agreed upon during his meeting with his Greek counterpart, the Minister said that both sides agreed that statements should be kept to a minimum and that more human capital and effort should be put into implementation.

The ownership and management license transfer the next day after the meeting shows exactly what has been agreed upon so that everything that is pending can be resolved so that the project does not have any institutional and regulatory problems, he stressed, adding that efforts will be made in the coming days and weeks, as well as an effort to inform the European Commissioner for Energy about the geopolitical dimension of the project.

Asked whether there are still questions regarding the sustainability of the project and whether the pound 25 million government bond auction announced yesterday by the Ministry of Finance for October 20 is related to covering the first installment of the Republic of Cyprus’ obligations for the project, the Minister said that, to the best of his knowledge, there is no connection between the two.

“It is not a matter of discussing anything at this point about the project, which has been decided by the European Commission and has gone through an evaluation process. The decision to implement the project has already been taken, but it is understood that as the project is delayed, new circumstances arise that must be constantly evaluated,” he concluded.

Greece-Cyprus relations will not be disrupted, says House President

Greece and Cyprus constitute a united, unbroken, and indivisible front, and relations between the two countries cannot and will not be disrupted for any reason whatsoever, said the President of the House of Representatives, Annita Demetriou, in her address to the 11th Panhellenic Conference of Reserve Officers, held on Saturday in Athens, on the reorganisation and prospects of the Greek Armed Forces’ reserve system.

Reserve officers are the backbone of the army, the link between active-duty armed forces personnel and the wider reserve of the country’s fighters, the leaders who will guide our army if and when they are called upon to confront anyone who threatens the rights of Hellenism, said Demetriou.

She then made special reference to the hero Grigoris Afxentiou, “a reserve second lieutenant and graduate of the Reserve Infantry Officers’ School, who served selflessly in the Greek army on the northern border of Greece during difficult times and who later went to his homeland, Cyprus, to actively participate in the EOKA national liberation struggle, offering all of us, with his bravery, impetuosity, and above all, his sacrifice, a free homeland.”

‘We live in difficult times. In a corner of the planet that constantly breeds challenges, conflicts, and rivalries. Both Cyprus and Greece are at an extremely critical juncture, both in terms of time and geography. Both Cyprus and Greece are called upon to manage challenges. We are called upon to confront a Turkey that turns away from and violates international law,” she continued.

“That is why we repeat that a country that almost daily creates provocations the Cypriot EEZ, the Buffer Zone, and the Aegean Sea cannot under any circumstances participate in the European Defence and Security architecture,’ she said. Greece and Cyprus must not only insist on this position but we will not deviate in any way, since the policy of double standards and double measures grossly violates European principles and values,” she noted.

“Greece and Cyprus remain pillars of security and stability, defending both international law and legitimacy, principles, and values with which we were raised. Greece and Cyprus, Cyprus and Greece constitute a united, unbroken, and indivisible front, and the relations between the two countries cannot and will not be disrupted for any reason whatsoever,” she stressed.

“Fifty-one years after the Turkish invasion and the ongoing illegal occupation of 37% of the territory of the Republic of Cyprus, the liberation and reunification of our homeland is the only way forward. Our goal has been and remains the resolution of the Cyprus issue on the basis of a bi-zonal, bi-communal federation with political equality and the building of a future of peace, security, and stability for the benefit of all Cypriots: A solution that is inconceivable without the unhindered application of the European acquis throughout the territory of the Republic of Cyprus, a member state of the European Union for more than two decades now,” the House President continued.

“In this endeavour, Greece has been and remains our strongest diplomatic asset. Our constant support and our greatest ally. We therefore owe it to ourselves to be prepared to successfully defend everything that our forefathers have bequeathed to us through their struggles and sacrifices. With a unifying discourse far from the divisions, with a national strategy far from populism and personal expediency, with a vision and policies that move the country forward and not backward,” she further noted.

“The reserve forces (officers, non-commissioned officers, and soldiers) are not only a defensive necessity but also a strategic choice and priority. The reserve, inspired by the ancient values and national code of defending the homeland, is the best response to superior or numerically greater threats and adversaries,” she said in closing.

“We therefore need a qualitatively upgraded reserve force. With ethics, prudence, military skills, and faith in the homeland. A reserve force of trained fighters with high ideals and patriotism. This is what our security requires, this is what our national survival requires. That is why reserve officers are at the forefront and spearhead every transformation of the army’s reserve,” concluded Demetriou.

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.

New RoC Ambassador briefs Czech President on Cyprus issue

The new Ambassador of the Republic of Cyprus to the Czech Republic, Aliki Paschali, briefed the President of the Czech Republic, Petr Pavel, on the Cyprus issue and the prospects for resuming negotiations to find a solution based on the agreed framework.

According to a statement by the Ministry of Foreign Affairs, Paschali presented her credentials to the Czech President during an official ceremony held at the Presidential Palace in Prague.

This was followed by a private audience between Ambassador Paschali and President Pavel, during which they reviewed bilateral relations and discussed ways of further strengthening them.

Paschali conveyed the warm regards of the President of the Republic of Cyprus, Nikos Christodoulides, which President Pavel reciprocated.

She also conveyed an invitation from President Christodoulides to his Czech counterpart to pay an official visit to Cyprus.

The Ambassador subsequently had the opportunity to brief the Czech President on the Cyprus Question and on prospects for the resumption of negotiations aimed at finding a solution within the agreed framework.

Issues relating to Cyprus’ role as a facilitator in providing security in the wider region of the Eastern Mediterranean and the Middle East, in light of recent developments, with particular reference to the ‘ESTIA’ and ‘AMALTHEA’ initiatives, in which President Pavel showed particular interest, were also discussed.

The Ambassador also informed President Pavel about the priorities of the Cyprus Presidency of the Council of the European Union during the first half of 2026, the statement concludes.

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.

Cyprus’ new Ambassador to Iceland presents credentials

The new Ambassador of the Republic of Cyprus to Iceland, with residence in Copenhagen, Panayiotis Kyriacou, presented his credentials to the President of Iceland, Ms Halla Tómasdóttir. The official ceremony took place on September 17 at the presidential residence in Bessastaðir.

In the private audience that followed, the new Ambassador and the President exchanged views on bilateral issues. Kyriacou conveyed to Ms Tómasdóttir the warm greetings of the President of the Republic of Cyprus, Nikos Christodoulides, and extended an invitation to her to visit Cyprus. The President cordially accepted the invitation and conveyed her greetings to the President of the Republic of Cyprus.

Weather Temperature for Cyprus

Department of Meteorology

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

Date 11/10/2025

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)

29 (29)

16 (15.8)

30

Larnaka Airport

28 (28.1)

17 (16.9)

48

Limassol (New Port)

26 (25.6)

16 (16.4)

55

Limassol Garden

28,3

16,6

Pafos Airport

26 (25.5)

17 (16.9)

59

Frenaros

28 (28.3)

17 (16.6)

41

Prodromos

20 (19.5)

9 (8.5)

72

Polis Pafos

25 (25.4)

16 (16)

58

Cyprus Stock Exchange

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

MEETING DATE: 10/10/2025

INDICES BASE VALUES: FTSEMed=5000, OTHERS = 1000

EURO (pound )

TRADED VALUE 237,638.43

INDEX

VALUE

%DIFF.

VALUE

FTSE/CySE 20

172.410

-0.290

233,198.460

MAIN MARKET INDEX

234.510

0.330

192,321.670

INVESTMENT COMPANIES MARKET INDEX

3,273.120

-0.050

60,654.960

CSE GENERAL INDEX

284.130

-0.250

237,638.430

HOTELS INDEX

1,710.030

0.000

197.880

ALTERNATIVE MARKET INDEX

1,850.300

-1.100

45,316.760

General Government surplus at 4% of GDP or pound 1.39 billion in first 8 months

The preliminary General Government fiscal results, which are prepared by the Statistical Service of Cyprus (CYSTAT) indicate a surplus of pound 1,395.7 mn (4,0% of GDP) for the period of January-August 2025, as compared to a surplus of pound 1,328.9 mn (4,0% of GDP) that was recorded during the period of January-August 2024.

Revenue

——————-

According to CYSTAT, during the period of January-August 2025, total revenue increased by pound 641.1 mn (+6.8%) and amounted to pound 10,102.3 mn, compared to pound 9,461.2 mn in the corresponding period of 2024. In detail, revenue from taxes on income and wealth increased by pound 178.3 mn (+7.1%) and amounted to pound 2,696 mn, compared to pound 2,517.7 mn in 2024. Social contributions increased by pound 243.8 mn (+8.4%) and amounted to pound 3,136.5 mn, compared to pound 2,892.7 mn in 2024.

Property income increased by pound 57.4 mn and amounted to pound 121.8 mn, compared to pound 64.4 mn in 2024. Taxes on production and imports increased by pound 41 mn (+1.3%) and amounted to pound 3,148.2 mn, compared to pound 3,107.2 mn in 2024, of which net VAT revenue increased by pound 47.7 mn (+2.3%) and amounted to pound 2,117.8 mn, compared to pound 2,070.1 mn in 2024.

Revenue from the sale of goods and services increased by pound 97.8 mn (+17.7%) and amounted to pound 651.6 mn, compared to pound 553.8 mn in 2024. Capital transfers increased by pound 45.8 mn (+65.7%) and amounted to pound 115.5 mn, compared to pound 69.7 mn in 2024. On the contrary, current transfers decreased by pound 22.9 mn (-9%) to pound 232.7 mn, from pound 255.6 mn in 2024.

Expenditure

——————–

CYSTAT says that during the period of January-August 2025, total expenditure increased by pound 574.3 mn (+7.1%) and amounted to pound 8,706.6 mn, compared to pound 8,132.3 mn in the corresponding period of 2024.

In detail, compensation of employees (including imputed social contributions and pensions of civil servants) increased by pound 149.3 mn (+6.2%) and amounted to pound 2,544 mn, compared to pound 2,394.7 mn in 2024. Social benefits increased by pound 231.1 mn (+6.8%) and amounted to pound 3,622.8 mn, compared to pound 3,391.7 mn in 2024. Intermediate consumption increased by pound 84.6 mn (+10.1%) and amounted to pound 920.1 mn, compared to pound 835.5 mn in 2024.

The capital account increased by pound 131.8 mn (+22.9%) and amounted to pound 707 mn, compared to pound 575.2 mn in 2024, of which gross capital formation increased by pound 92.9 mn (+19.2%) and amounted to pound 576.7 mn, compared to pound 483.8 mn in 2024 and other capital expenditure increased by pound 38.9 mn (+42.6%) and amounted to pound 130.3 mn, compared to pound 91.4 mn in 2024.

On the contrary, interest payable decreased by pound 2.9 mn (-1%) to pound 287.7 mn, from pound 290.6 mn in 2024. Current transfers decreased by pound 16.6 mn (-3.1%) to pound 527 mn, from pound 543.6 mn in 2024. Subsidies decreased by pound 3 mn (-3%) to pound 98 mn, from pound 101 mn in 2024.