Weather Temperature for Cyprus

Weather Temperature for Cyprus

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

Date 15/10/2025

Station

TEMPERATURE (C) (FROM 20:00 PC of the previous one until the time of the show)

Humidity at

1200 UTC

Highest

Lowest

Nicosia (Athalassa)

28 (27.9)

14 (14)

30

Larnaka Airport

27 (26.8)

17 (17.2)

46

Limassol (New Port)

27 (27.1)

14 (14.3)

44

Limassol (Municipal Garden)

27,8

15,8

Pafos Airport

25 (25.2)

16 (16.3)

54

Frenaros

28 (27.8)

16 (15.8)

49

Prodromos

20 (19.5)

8 (7.5)

62

Polis Pafos

25 (24.8)

16 (15.6)

54

Palmas conveys Nicosia’s “clear disagreement” with Turkey’s participation in SAFE to Kumbilious and Kallas

Cyprus’ Defence Minister Vasilis Palmas met with the European Commissioner for Defence and Space, Andrius Kubilius, and the EU High Representative, Kaja Kallas, in Brussels, where he conveyed Nicosia’s “clear disagreement” with Turkey’s participation in the SAFE Regulation.

Describing these meetings as very important, the Minister had the opportunity to brief the two Commissioners on the progress of the Republic of Cyprus’s preparations ahead of its assumption of the EU Presidency, as well as to clarify Cyprus’ position regarding Turkey’s participation in SAFE. Additionally, they exchanged views and discussed various issues high on the agenda, such as EU security and defence matters.

In statements after the meetings, the Minister said regarding the discussion on the SAFE instrument that “we clearly emphasized our views on the SAFE Regulation and, at the same time, expressed some concerns about certain behind-the-scenes efforts to include Turkey in this Regulation.”

“We expressed our clear disagreement on this issue and explained the reasons for our opposition. We made it clear that a country that either occupies part of the territory of a Member State or threatens Member States with belligerent approaches cannot be funded or supported,” added the Minister.

“Of course, I want to be clear and honest: we have not received clear answers on this issue. However, I must emphasize and focus on the statement made about ten days ago by António Costa, President of the European Council, who clearly stated that a third country that threatens or is potentially, if you will, an enemy of EU member states cannot be funded or participate in this Regulation,” the Defence Minister stressed, adding that they also discussed “specific issues regarding the Republic of Cyprus’ assumption of the EU Council Presidency, and we expressed our confidence in the successful Presidency of the Republic of Cyprus.”

Regarding the funding allocated to Cyprus under SAFE, the Minister mentioned approximately pound 1.2 million over a five-year period. “I believe that with this funding, we will have the opportunity to further strengthen our defence capabilities and, of course, enhance our deterrent power,” he added. “We are a peaceful state. We are a state that has a duty and obligation to protect its citizens and people from the dangers that exist, not only from Turkey and the occupied part of Cyprus but also from other situations arising in the region,” and therefore, “we will try, always within the framework of fiscal balance and public finances, because SAFE is linked to the public finances of the member states, and in consultation with the Ministry of Finance, to maintain these balances, while at the same time strengthening our defence and maintaining good GDP performance.”

Asked about priority defence issues, the Minister acknowledged that defence and security matters are now high on the EU’s agenda. “Within this priority set by the EU, we clearly and unequivocally stated that the EU must fully realize that it needs to stand on its own feet and rely on its own forces regarding issues concerning the security of member states, and should not rely solely on NATO but also on the Union itself regarding these issues.” Palmas also reiterated Cyprus’s position on common European defence, the European army, and all matters concerning the security of the Union of 27.

Regarding the 360° approach already requested by the Greek Prime Minister at the informal Copenhagen Summit, the Minister acknowledged that drones are the most popular weapon systems currently available on the planet and in the market, “and we, not only as the Republic of Cyprus but as the EU, must adapt to the new conditions and data and become pioneers in this weapon system, which we must modernize as much as possible to serve as a shield for the protection of the member states of the Union and their sovereignty and territorial integrity.”

Regarding the Commission’s focus on the Eastern Flank, without reference to the Southeast Flank, Minister Palmas emphasized that Cyprus “fully understands the fears and concerns of various EU member states regarding the threat from Russia, and at the same time, we highlighted the problems and political and geopolitical fluidity in the Eastern Mediterranean, where a member state of the Union, namely the Republic of Cyprus, must have an upgraded role to play a leading part in the situations arising in the region.”

The Minister added that Cyprus’ role has been very important and crucial in humanitarian and peacekeeping missions in the region over the past period. “I think Europeans have understood that Cyprus can play an upgraded role, and I believe they will invest in this direction,” he said.

Regarding the new closer cooperation among Defence Ministers at the level of the 27, the Minister called for “not limiting ourselves to parallel monologues or, if you will, adapting the interests of the Union according to the national interests each of us has, and I would say that we must move from theory to practice to see the overall interests and security of the member states.”

Cyprus Stock Exchange

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

MEETING DATE: 15/10/2025

INDICES BASE VALUES: FTSEMed=5000, OTHERS = 1000

EURO (pound )

TRADED VALUE 243.706,33

INDEX

VALUE

%DIFF.

VALUE

FTSE/CySE 20

171,470

-0,100

239.872,890

MAIN MARKET INDEX

232,940

-0,090

232.394,020

INVESTMENT COMPANIES MARKET INDEX

3.240,040

-0,290

56.800,510

CSE GENERAL INDEX

282,680

-0,080

241.748,830

HOTELS INDEX

1.710,030

0,000

0,000

ALTERNATIVE MARKET INDEX

1.843,490

-0,040

11.312,310

IMF revises Cyprus’ growth forecast upwards to 2.9% for 2025 and 2.8% for 2026

The International Monetary Fund (IMF) expects a higher growth rate for Cyprus for 2025 and 2026 in its October edition of the World Economic Outlook (WEO) compared with the estimates included in the April edition. Specifically, it projects that the growth rate will reach 2.9% of GDP in 2025 and 2.8% in 2026, compared with 2.5% for 2025 and 2.7% for 2026 in the April projections.

In addition, the IMF estimates that consumer prices will increase by only 0.7% in 2025, marking the lowest rise in the euro area, and by 1.3% in 2026. By comparison, in the April estimates, inflation was projected at 2.3% for 2025 and 2% for 2026.

Regarding the current account balance, the revised projections indicate a deficit of -8.5% in 2025 and -9.1% in 2026, higher than the April forecasts of -7.3% and -7.8%, respectively.

The unemployment forecast has also been revised downward. Unemployment is expected to reach 4.5% in 2025 and 4.7% in 2026, compared with 4.8% for 2025 and 5% for 2026 in the April projections.

The IMF reports overall improved global growth rates due to the smaller-than-expected impact of tariff impositions. Specifically, it expects global growth to slow from 3.3% in 2024 to 3.2% in 2025, and further to 3.1% in 2026. By comparison, the April estimates had projected growth at 2.8% for 2025 and 3% for 2026.

However, IMF notes that “trade policy uncertainty remains elevated in the absence of clear, transparent, and durable agreements among trading partners-and with attention starting to shift from the eventual level of tariffs to their impact on prices, investment, and consumption”.

Cyprus: High in International Trade, lagging in Green Transition EIB Investment Survey 2025 finds

The results of the annual survey that records investment trends, priorities, and challenges of European businesses, the EIB Investment Survey 2025, were published on Tuesday by the European Investment Bank (EIB). The survey, conducted in collaboration with Ipsos Public Affairs, is based on data from approximately 12,000 companies across all EU countries as well as the United States. The report’s key findings present a picture of resilience but also challenges, particularly in an environment of geopolitical uncertainty and economic instability.

As regards Cyprus, the country is among those with the highest percentage of companies participating in international trade, whether through exports, imports, or both. However, Cyprus lags behind in investments for climate adaptation and energy efficiency compared to other European countries.

Regarding investment trends and priorities, the survey shows that 86% of European companies made investments in the past year, a figure that remains stable compared to 2024 (87%). However, expectations for increased investment are more modest, with the net balance of companies anticipating growth falling to 4% from 8% the previous year.

European companies focus primarily on replacement investments (43%) and less on expanding production capacity (26%), in contrast to US companies, where the corresponding figure is 37%. Some 35% of European companies’ investments are directed toward intangible assets such as research and development (R and D), training, software, and organizational processes, while 13% is allocated to the development of new products and services. Large companies and manufacturing firms show greater resilience in investment, while the construction sector is more cautious.

With regard to international trade and supply chains, the survey paints a picture of adequate integration of European companies into global trade, with manufacturing and large companies holding the highest positions. However, changes in tariffs and regulations are a significant source of concern, with 77% of US companies expressing worry compared to 48% of European companies. European companies adopt a more balanced approach, with only 7% reducing the share of imported goods and services and 19% diversifying or increasing the number of countries from which they import.

On the green transition and climate action, 92% of European companies are taking measures to reduce greenhouse gas emissions, but Cyprus ranks last, with only 69% of companies investing in this direction. Only 20% of Cypriot companies have set targets for reducing emissions, the lowest percentage in the EU (EU average: 47%). European companies invest more in waste reduction, energy efficiency, sustainable transport, and green innovation. However, despite Cyprus’s high participation in international trade, its investments in energy efficiency remain below the European average.

Additionally, 68% of European companies have suffered losses due to extreme weather events such as floods, fires, or storms. Some 53% of European companies are taking measures to address natural risks related to climate change, compared to 55% in the US.

Regarding digitization and the use of artificial intelligence, 37% of European companies use AI, a figure similar to the 36% in the US, while Cyprus ranks sixth from the bottom at 23%. However, only 55% of European companies using AI apply it to at least two internal processes, compared to 81% in the US. This indicates that European companies could better leverage the benefits of AI by systematically applying it across a broader range of activities.

The main barriers to investment for European companies remain uncertainty (83%), lack of skilled personnel (79%), and high energy costs (75%). Some 16% of European companies benefit from policy support, primarily for the green transition (41%) and innovation (29%).

European companies lag behind their American counterparts in terms of women’s representation in senior management and company ownership, with Cyprus standing out for its strong performance in gender equality, ranking second in the EU and first in Southern Europe.

PRESS RELEASE – EUROPEAN UNIVERSITY OF CYPRUS

European University Cyprus (EUC) has once again been recognized as one of the top employers in Cyprus, ranking among the national Top 4 Workplaces for the fourth consecutive year. On a European level, EUC also earned a prestigious spot on the ‘Great Place to Work® – Best Small and Medium Workplaces in EuropeS’ list, securing the #71 position among the 100 best work environments. This remarkable achievement reaffirms EUC’s dedication to fostering a positive and inclusive workplace.

The certification followed a rigorous evaluation process that assessed EUC’s work environment and organizational culture. The results underscore the university’s exceptional HR practices and continuous efforts to retain our supportive, innovative and equitable workplace of more than 1500 employees.

This distinction highlights the university’s commitment to providing a workplace that fosters innovation, equality, collaboration, and continuous professional growth. European University Cyprus has introduced robust gender equality policies, enforces a zero-tolerance approach to workplace harassment, and continually enhances its HR practices and employee benefits to address the evolving needs of its staff, ensuring an environment where every employee can thrive.

Beyond academic and research excellence, European University Cyprus places strong emphasis on the professional development of its employees, by giving them the opportunity to participate in local and European initiatives, including corporate training programs, ERASMUS exchanges, and specialized conferences both in Cyprus and abroad. This continuous investment in employee development and engagement is reflected in its successful ranking among Europe’s leading workplaces.

The strength of EUC lies in its team-oriented approach, where employees work collaboratively, participate equally, and invest collectively. This shared commitment sets the University apart and distinguishes it within the academic landscape.

Loukia Polygerinos-Tzyrkas, the Director of Human Resources at EUC, stated: ‘It is with great pride that we received this recognition, which attests to the high standards of our working environment. We remain committed to offering our employees the right conditions and resources for continuous skill development, fostering academic excellence and innovation.’

As one of Cyprus’s leading universities, European University Cyprus has 7 Schools, offering more than 80 undergraduate, graduate, and doctoral degree programs, with a student body of more than 12,600 students. Over the past decade, EUC has rapidly modernized and expanded the curricula on offer, introducing innovative academic programs and enhancing the scope and quality of higher education in Cyprus. This academic leadership goes hand in hand with EUC’s commitment to fostering an outstanding workplace environment, where excellence in education is matched by excellence in employee experience.

A significant milestone in the European University Cyprus’s international expansion strategy was the inauguration of the EUC Medical School in Frankfurt in 2022, making EUC the first Cypriot university with a presence abroad. This was followed by the completion of a major campus expansion in Nicosia in 2024. The new state-of-the-art building was designed to address the growing needs of the School of Medicine and School of Dentistry, as well as the Health Sciences programs. Emphasis has been placed on the establishment of the new School of Veterinary Medicine, featuring fully equipped laboratories and advanced infrastructure that comply with the highest European standards.

Looking ahead, EUC remains committed to strengthening the scientific community in Cyprus and positioning itself as a leading hub of education, research, and innovation for the wider Eastern Mediterranean region.

European University Cyprus is part of Galileo Global Education, the largest network of higher education institutions in Europe, comprising 54 academic institutions, 91 campuses across 18 countries, and over 300,000 students. It is synonymous with quality education, high-tech innovation, industry and community engagement, and the strong employability of its students and graduates.

Attorney General’s role reform the focus of Law Office Academy conference

The reform of the institution of the Attorney General through the separation of its dual role was the focus of the Annual Conference of the Law Office Academy in Nicosia. President Nikos Christodoulides, House of Representatives President Annita Demetriou, Attorney General George Savvides, and European Commissioner for Justice Michael McGrath addressed the conference themed ‘Historical Evolution, Prospects and Challenges for the Institution of the Attorney General of the Republic”, as Cyprus moves forward with plans to reform one of its most powerful constitutional institutions.

President Christodoulides calls for modernisation of the Attorney General’s institution

——————————————

President Nikos Christodoulides stressed the need to modernise the institution of the Attorney General through the separation of its existing dual role. He said the reform responds to society’s demand for greater independence, transparency and the avoidance of potential conflicts of interest.

‘The separation of this dual role is necessary as a measure of modernisation and as a requirement of the society for reasons of independence, full transparency and the avoidance of possible conflicts of interest or roles,’ President Christodoulides said.

The proposed government reforms, he explained, would assign the Attorney General’s criminal prosecution powers to a new Office of the Prosecutor General, while the Attorney General would remain the state’s legal adviser and head of the Law Office.

He noted that the reform aligns with recommendations by the Venice Commission, the European Commission’s Rule of Law reports, and GRECO, adding that it would bring Cyprus closer to European and international standards.

President Christodoulides acknowledged the reservations expressed by the Attorney General regarding the constitutionality of the legislative proposal, saying that such concerns are fully respected and will be discussed within the framework of dialogue.

EU backs Cyprus reform to separate Attorney General’s dual role, says Commissioner McGrath

——————————————–

Addressing the conference in a recorded video message European Commissioner for Justice Michael McGrath said that separating the dual role of the Attorney General and establishing an independent Office of the Prosecutor General would be a crucial step toward strengthening both accountability and judicial independence in Cyprus.

McGrath reaffirmed the European Commission’s strong support for the ongoing plans to reform the institution and to implement the relevant recommendation included in the EU’s annual Rule of Law Report on Cyprus.

‘This is indeed a unique opportunity to strengthen the institution’s independence and also its accountability, and to bring it more into line with modern concepts of the rule of law,’ McGrath said. He added that the separation of the dual role of the Attorney General and the creation of the Office of the Prosecutor General would ‘benefit both the independence of justice, but also the fight against corruption,’ while reinforcing democratic checks and balances and improving the business environment.

He went on to highlight the Commission’s efforts to strengthen the justice sector through judicial training and digitalisation, noting that a new EU judicial training strategy will promote digital literacy and the use of artificial intelligence to make justice systems more efficient and resilient.

Referring to the European Public Prosecutor’s Office (EPPO), the Commissioner described it as ‘absolutely essential’ in protecting the Union’s budget and taxpayers’ money. He announced that the Commission will publish an evaluation report on the EPPO in June next year, to be followed by a proposal to revise its founding regulation and invited Member States to contribute their views to the process.

House President: AG reform strengthens independence and accountability

————————————————–

In her address, House President Annita Demetriou said that the discussion about the separation of powers of the Attorney General of the Republic of Cyprus does not aim to breach the institution, but to ensure and strengthen the independence, accountability and effectiveness of our legal system, for the benefit of the Republic.

Demetriou added that the Law Office of the Republic is not a distant or inaccessible institution but an institution ‘deeply connected to our everyday life, to the essence of the Rule of Law, to the functioning of the Republic and, ultimately, to the pursuit of a better life for all citizens.’

The institution of the Attorney General of the Republic, she noted, was called upon in the past to address political instability and complex constitutional challenges adding that today “it is called upon to respond to even more complex and specific challenges, since modern society requires absolute transparency, accountability and efficiency. And the institution of the Attorney General of the Republic is at the forefront of this challenge.”

Attorney General calls for legislative action to safeguard institutions

————————————————–

Speaking at the Conference, the Attorney General, George Savvides, called on the House of Representatives to proceed with legislative measures to address the deliberate undermining of state institutions and to safeguard constitutional order.

Savvides warned that the exercise of such responsibilities is often met with criticism and distortion, amplified by the impact of social media, which shapes public perception through misinformation or incomplete legal know-how. Savvides said it was time for Parliament to move forward with legislative measures, bearing in mind that the deliberate undermining of institutions destroys democracy and is not protected by the right to freedom of expression.

Addressing the ongoing debate on the reform of the Attorney General’s Office, Savvides reiterated his ‘serious reservations regarding the constitutionality’ of the proposed restructuring, particularly the separation of powers between the Attorney General and a potential new Prosecutor General’s Office. He noted that while the reform draws on recommendations from international bodies such as GRECO and the European Commission’s Rule of Law Report, it was prepared by the Governent ‘without prior consultation’ with the Law Office.

Savvides also reaffirmed his Office’s commitment to combating corruption, describing it as ‘a continuous and evolving challenge.’ He pointed to the establishment of a special Task Force in 2022 that coordinates all agencies handling corruption cases and to positive feedback from the European Commission’s 2025 Rule of Law Report, which acknowledged Cyprus’ progress in this area.

Cyprus Stock Exchange

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

MEETING DATE: 14/10/2025

INDICES BASE VALUES: FTSEMed=5000, OTHERS = 1000

EURO (pound )

TRADED VALUE 317.508,86

INDEX

VALUE

%DIFF.

VALUE

FTSE/CySE 20

171,640

-0,920

313.059,780

MAIN MARKET INDEX

233,160

-1,440

249.678,620

INVESTMENT COMPANIES MARKET INDEX

3.249,600

-0,720

44.576,540

CSE GENERAL INDEX

282,910

-0,910

316.908,860

HOTELS INDEX

1.710,030

0,000

323,000

ALTERNATIVE MARKET INDEX

1.844,210

-0,080

67.830,240

Average gross monthly earnings of employees for 2024 show annual increase

The average gross monthly earnings of employees for 2024 were pound 2.483 compared to pound 2.363 in 2023 recording an increase of 5,1% compared to the previous year. For 2023 the corresponding increase was 7,3%. Median gross monthly earnings of employees were pound 1.881.

According to the estimates of the Statistical Service, the highest percentage of employees (14,2%) is observed among employees who earn between pound 1.000 and pound 1.249, followed by the groups of employees who earn between pound 1.250 and pound 1.499 (11,6%) and those who earn between pound 1.500 and pound 1.749 (11,2%).

The average gross monthly earnings by branch of economic activity, for 2024, range from pound 941 in the Agriculture, Forestry and Fishing sector to pound 4.710 in the Financial and Insurance Activities sector.

Compared to 2023, there is a decrease of 2% in the Real Estate Activities sector and of 0,8% in the Mining and Quarrying sector. It is noted that these sectors employ a small number of workers, which results in more pronounced fluctuations. This means, it says, that small changes in the composition of the workforce or other factors can have a greater impact on the results of these sectors.

In all other economic activity sectors, an increase is observed compared to the previous year, with the largest increase occurring in the Information and Communication sector (8,1%), followed by the Human Health and Social Work Activities sector (7,6%) and the Water Supply, Sewerage, Waste Management and Remediation Activities sector (6,9%).

The average gross monthly earnings of Cypriots for 2024 were pound 2.506 and of non-Cypriots pound 2.434. The annual change in average gross monthly earnings for Cypriot employees was 5,4% and for non-Cypriot employees it was 4,3%.

It says that the median gross monthly earnings for Cypriot employees were pound 2.053 and for non-Cypriot employees were pound 1.544.

Compared to Cypriot employees, non-Cypriot employees have higher percentages in both the lowest.

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

FOR THE PERIOD FROM 1800 14/10/2025 UNTIL 1800 15/10/2025

Atmospheric pressure at the time of issue: 1015hPa (hectopascal)

Weak low pressure is affecting the area. The weather will be mainly fine but locally increased cloud coverage will be present at times.

Visibility: Good

Sea surface temperature: 26°C

Warnings: NIL

AREA

PERIOD

WIND

STATE OF SEA

West Coast

Night

Northwest to Northeast 3

Smooth to Slight

Morning

Variable 3, later Southwest to Northwest

Smooth to Slight

Afternoon

Southwest to Northwest 3, gradually West to Northwest 3 to 4

Smooth to Slight

South Coast

Night

Northwest to North 3, at times locally Northwest 3 to 4

Smooth to Slight

Morning

Variable 3, later East to Southeast

Smooth to Slight

Afternoon

East to Southeast 3, gradually South to Southwest 3 to 4

Smooth to Slight

East Coast

Night

West to Northwest 3

Smooth to Slight

Morning

Variable 3, later Northeast to East

Smooth to Slight

Afternoon

Northeast to East 3, gradually Southeast to Southwest

Smooth to Slight

North Coast

Night

Southeast to Southwest 3

Smooth to Slight

Morning

Variable 3, later Northwest

Smooth to Slight

Afternoon

Northwest 3, locally 3 to 4

Smooth to Slight