Category: Cyprus News Agency

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

MEETING DATE: 21/07/2026

INDICES BASE VALUES: FTSEMed=5000, OTH

EURO (pound )

TRADED VALUE:

179.912,25

INDEX

VALUE

% DIFF.

VALUE (pound )

FTSE/CySE 20

180,970

0,410

160.935,210

MAIN MARKET INDEX

244,750

0,380

128.720,870

INVESTMENT COMPANIES MARKET INDEX

2.964,920

-0,960

30.714,290

CSE GENERAL INDEX

307,880

0,410

164.560,580

HOTELS INDEX

1.861,480

0,790

8.934,030

ALTERNATIVE MARKET INDEX

2.036,860

0,050

39.463,710

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

CYPRUS DEPARTMENT OF METEOROLOGY

FORECAST FOR THE SEA AREA OF CYPRUS (C)

FOR THE PERIOD FROM 1800 21/07/2026 UNTIL 1800 22/07/2026

Area covered is 8 kilometers seawards.

Winds are in BEAUFORT scale. Times are local times.

Atmospheric pressure at the time of issue: 1005hPa (hectopascal)

Seasonal low pressure is affecting the area. The weather will be mainly fine with increased low cloud coverage overnight and during the morning, with risk of local mist and/or fog patches mainly over the southern and the eastern coasts.

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

Sea surface temperature: 28°C

Warnings: NIL

AREA PERIOD WIND STATE OF SEA

West Coast

Night Northwest to North 3, gradually near the coast North to Northeast Smooth to Slight

Morning Southwest to Northwest 3 to 4, locally Variable 3 Smooth to Slight

Afternoon West to Northwest 3 to 4, later locally 4 to 5 Smooth to Slight, later locally Slight

South Coast

Night Southwest to Northwest 3, later locally Variable Smooth to Slight

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

Afternoon Southwest to West 3 to 4, gradually locally 4 Smooth to Slight, gradually locally Slight

East Coast

Night Southwest to Northwest 3 Smooth to Slight

Morning Southeast to Southwest 3 to 4, at times Variable 3 Smooth to Slight

Afternoon South to Southwest 3 to 4 Smooth to Slight

North Coast

Night South to Southwest 3, soon near the coast Southeast to Southwest Smooth to Slight

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

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

The Department of Meteorology issued on Tuesday an orange warning for extremely high temperature on Wednesday, July 22nd.

As stated, the maximum temperature is expected to reach around 43 degrees Celsius in inland areas and around 32 degrees Celsius in the higher mountainous regions.

The warning will be in effect between 12 p.m. and 5 p.m. local time on Wednesday.

The European Union remains firmly committed to supporting the United Nations-led efforts towards a comprehensive settlement of the Cyprus issue, EU High Representative for Foreign Affairs and Security Policy Kaja Kallas said following a phone call on Tuesday afternoon with the UN Secretary-General’s Personal Envoy on Cyprus, Maria Angela Holguín.

In a social media post, Kallas said she had ‘a good call’ with Holguín ahead of her visit to Brussels on Wednesday, and the upcoming visit of the UN Secretary-General to Cyprus.

‘The EU remains firmly committed to supporting the UN-led efforts on Cyprus,’ Kallas stated.

The two officials also discussed ‘recent developments on the Cyprus issue and stressed the importance of maintaining momentum towards a comprehensive settlement’.

Kallas added that they agreed to continue their discussions during the United Nations General Assembly in September.

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

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

Cyprus Airways and Air France announced a codeshare agreement covering flights between Paris – Charles de Gaulle (CDG) and Larnaca (LCA), with up to 6 weekly flights during the summer season.

According to a relevant announcement, as of 7 July 2026, the agreement has been in effect and flight numbers of both carriers are now reflected on the Cyprus Airways operated flights between Larnaca and Paris – Charles de Gaulle.

‘Through this agreement, Air France and Cyprus Airways aim to provide enhanced connectivity through Air France’s extensive network, offering seamless connections via Paris throughout the year’ it is added.

In addition to the codeshare, Air France and Cyprus Airways have also entered into an interline agreement on Cyprus Airways operated flights between Larnaca (LCA) and Milan Malpensa (MXP) and between Larnaca (LCA) and Athens (ATH)

This also applies to Air France operated flights between Paris Charles de Gaulle (CDG) and Milan Malpensa (MXP) and between Paris Charles de Gaulle (CDG) and Athens (ATH), the announcement says.

CYPRUS DEPARTMENT OF METEOROLOGY

FORECAST FOR THE SEA AREA OF CYPRUS (A)

FOR THE PERIOD FROM 0600 21/07/2026 UNTIL 0600 22/07/2026

Area covered is 8 kilometers seawards.

Winds are in BEAUFORT scale. Times are local times.

Atmospheric pressure at the time of issue: 1007hPa (hectopascal)

Seasonal low pressure is affecting the area. The weather will be mainly fine with increased low cloud coverage overnight and during the morning, with risk of local mist and/or fog patches mainly over the southern and the eastern coasts.

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

Sea surface temperature: 28°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 West to Northwest 3 to 4, later locally 4 to 5 Smooth to Slight, later locally Slight

Night Northwest to North 3, gradually near the coast North to Northeast Smooth to Slight

South Coast

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

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

Night Southwest to Northwest 3, later locally Variable Smooth to Slight

East Coast

Morning Southeast to South 3, gradually South to Southwest Smooth to Slight

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

Night Southwest to Northwest 3 Smooth to Slight

North Coast

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

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

Night South to Southwest 3, soon near the coast Southeast to Southwest Smooth to Slight

Cyprus President Nikos Christodoulides reaffirmed on Tuesday the Government’s commitment to intensifying efforts to determine the fate of all missing persons in Cyprus. In a separate meeting, representatives of Turkish-occupied communities expressed their backing for renewed reunification talks ahead of a visit by UN Secretary-General, Antonio Guterres, to the island, next week.

During his meeting with representatives of organisations of relatives of missing persons from Cyprus and Greece, President Christodoulides outlined initiatives being pursued at local, European and international levels to advance investigations into one of the island’s longest-standing humanitarian issues.

Presidential Commissioner Marios Hartsiotis said the government was stepping up efforts to establish the fate of all missing persons and confirmed that the issue would be raised by the President during the UN Secretary-General’s upcoming visit to Cyprus.

Maria Kalbourtzi, President of the Panhellenic Committee of Parents and Relatives of Undeclared Prisoners and Missing Persons of the Cyprus Tragedy, welcomed progress in the identification of remains, including those subjected to chemical treatment, and said work was continuing to identify additional remains and return them to families. She also highlighted plans for a renewed international awareness campaign on the issue.

Pancyprian Organisation of Relatives of Missing Persons President Nikos Sergides said the organisations and the government had agreed on specific actions to promote the issue internationally, including through the European Parliament and the European Commission.

Earlier on Tuesday, representatives of the Committee of Occupied Communities from Famagusta, Nicosia and Kyrenia also met with President Christodoulides, expressing support for his efforts to resume Cyprus peace negotiations on the basis of United Nations resolutions and European Union principles.

Committee Chairman Michalis Tziortas said members were briefed on the latest developments in the Cyprus problem and preparations for the UN chief’s visit. He stressed that a continued deadlock was “the greatest danger” and called on political institutions, the Church and all stakeholders to support efforts towards a comprehensive settlement.

The meeting also covered issues affecting displaced persons, including loss of use of occupied properties, place names and confidence-building measures.

Cyprus has been divided since 1974, when Turkish troops invaded and occupied 37% of its territory. Since then, the fate of hundreds of people remains unknown.

A Committee on Missing Persons has been established, upon agreement between the leaders of the two communities, with the scope of exhuming, identifying and returning to their relatives the remains of 492 Turkish Cypriots and 1,510 Greek Cypriots, who went missing during the inter-communal fighting of 1963-1964 and in 1974.

According to statistical data published on the CMP website by June 30, 2026 out of 2002 missing persons 1,719 were exhumed and 1,075 were identified. Out of 1,510 Greek Cypriot missing persons 764 were identified and 746 are still missing. Out of 492 Turkish Cypriot missing persons 311 were identified and 181 are still missing.

The Department of Forests has issued a red warning for risk of fires today, while the Meteorology Department warned that the maximum temperature in inland areas can reach 41 degrees.

In its yellow warning, the Meteorology Department says that the maximum temperature is expected to reach around 41 degrees Celsius over some inland areas. The warning is valid from 1300 until 1630 today.

The Department of Forests urges the public to be particularly careful during their outings, and completely avoid actions and activities that may cause a fire.

It adds that causing a fire, according to the law, constitutes an offense that carries severe penalties.

In the event that anyone notices smoke or fire, they should immediately call 1407 (Department of Forests) or 112 (Fire Service).

The ERATOSTHENES Centre of Excellence of the Cyprus University of Technology (CUT) has joined Women in Aerospace Europe (WIA-Europe) as a Bronze Corporate Member, supporting a European community that promotes collaboration, diversity and equal participation across the aerospace and space sectors.

According to a statement issued by ERATOSTHENES Centre its membership was officially formalised during the Greek Space Tech Forum 2026, held at the Athens Conservatoire. On 8 July 2026, Professor Diofantos Hadjimitsis, Managing Director of the ERATOSTHENES Centre of Excellence, formalised the Centre’s membership alongside Dr Christina Giannopapa, President of Women in Aerospace Europe (WIA-Europe).

Also present were Dr Andreas Christofe, Administration Manager, and Professor Ioannis Gitas, Visiting Professor at the ERATOSTHENES Centre of Excellence. Dr Christiana Papoutsa, Coordinator of the Environment and Climate Department at the ERATOSTHENES Centre of Excellence, will serve as the Centre’s contact point for its collaboration with Women in Aerospace Europe (WIA-Europe).

According to the Center, Women in Aerospace Europe (WIA-Europe) is a non-profit organisation dedicated to strengthening the role of women and promoting diversity, inclusion and equal opportunities across the aerospace and space sectors throughout Europe.

By joining the WIA-Europe community, the ERATOSTHENES Centre of Excellence reaffirms its commitment to fostering an inclusive environment where everyone has equal opportunities to grow, collaborate and contribute to the advancement of the European space community, the statement concludes.

Cyprus’ gross government debt stood at 54.6% of GDP at the end of the first quarter of 2026, according to data published on Tuesday by Eurostat.

According to Eurostat, Cyprus’ government debt amounted to pound 20.089 billion in the first quarter of 2026, compared with pound 20.078 billion in the fourth quarter of 2025 and pound 21.790 billion in the first quarter of 2025.

As a percentage of GDP, Cyprus’ government debt decreased by 0.5 percentage points compared with the fourth quarter of 2025, when it stood at 55.0%.

On an annual basis, compared with the first quarter of 2025, the decrease in Cyprus was 7.4 percentage points, as government debt at that time corresponded to 61.9% of GDP.

Cyprus recorded the second-largest annual reduction in the debt-to-GDP ratio among Member States, after Greece, where the decrease was 9.4 percentage points.

Based on Eurostat data on the components of gross government debt, in Cyprus debt securities corresponded to 31.6% of GDP, loans to 22.5% and currency and deposits to 0.5%.

Intergovernmental lending, as an asset, stood at 0.8% of GDP in Cyprus.

Increase in the euro area and the EU

—————–

At the end of the first quarter of 2026, the gross government debt-to-GDP ratio in the euro area stood at 88.9%, up from 87.7% at the end of the fourth quarter of 2025. In the EU, the ratio also increased, from 81.8% to 82.9%.

Compared with the first quarter of 2025, the government debt-to-GDP ratio increased in the euro area from 87.2% to 88.9% and in the EU from 81.4% to 82.9%.

According to Eurostat, at the end of the first quarter of 2026, government debt was made up of 84.3% debt securities in the euro area and 83.6% in the EU.