Yellow warning for severe thunderstorms Tuesday afternoon

The Department of Meteorology has issued a yellow warning for isolated severe thunderstorms, effective from 1 p.m. to 6 p.m. on Tuesday.

According to the announcement, isolated severe thunderstorms are expected to affect the area, particularly the mountainous areas, the interior and parts of the northwest of the island.

It added that hail may also accompany thunderstorms, while winds are expected to change direction and strengthen.

According to the Department of Meteorology, rainfall intensity is locally expected to exceed 35 millimeters per hour.

Cyprus Stock Exchange

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

MEETING DATE: 06/10/2026

INDICES BASE VALUES: FTSEMed=5000, OTH

EURO (pound )

TRADED VALUE:

188.637,57

INDEX

VALUE

% DIFF.

VALUE (pound )

FTSE/CySE 20

186,830

0,320

188.007,320

MAIN MARKET INDEX

248,180

0,410

125.789,870

INVESTMENT COMPANIES MARKET INDEX

2.678,920

-0,360

34.321,790

CSE GENERAL INDEX

317,940

0,310

188.212,570

HOTELS INDEX

2.006,070

0,000

0,000

ALTERNATIVE MARKET INDEX

2.156,440

-0,110

62.422,700

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

Cyprus and Greece sign Memorandum of Cooperation to promote Cypriot history in schools

The Education Ministers of Cyprus and Greece, along with the Archbishop of Cyprus and the Bishop of Messinia of Greece, signed a Memorandum of Cooperation on Tuesday, aiming to further strengthen educational cooperation between Cyprus and Greece, with a particular emphasis on highlighting the history and the contribution of Greek Cypriots to Hellenism.

Minister of Education, Sports and Youth, Athena Michaeildou, and Minister of Education, Religious Affairs and Sports of the Hellenic Republic, Sofia Zacharakis, noted after a working meeting at the Ministry, which followed the signing of the Memorandum at the Archdiocese in Nicosia, that the cooperation will span from joint educational actions, such as training seminars for educators and clergy, to an annual student competition and educational visits, as well as the development of digital infrastructure.

Archbishop Georgios of Cyprus described the memorandum as an expression of the determination of the parties for cooperation in education and for strengthening historical memory and continuity of the national course. The Bishop of Messinia Chrysostomos III conveyed the wishes and blessings of the Archbishop of Greece Ieronymos, who, as he said, congratulates everyone for the initiative and “will be a supporter of every purpose” described in the memorandum.

“For us, historical self-awareness is not a clinical memorization of the past. It is the foundation for understanding the present and the compass of our course towards the future,” Michaelidou said after the signing. Zacharakis noted, on her part, that the joint training and visits will allow children to learn more experientially, and added that, through the internet, the material will be reachable for the children of the diaspora and schools abroad.

The two Ministers also discussed aspects of bilatereal cooperation, as well as the subjects of the intergovernmental meeting’s agenda this coming November, during a working meeting at the Ministry. Michailidou and Zacharakis stated after the meeting that the focus of the intergovernmental meeting will be on the subjects of artificial intelligence in education, special education, technical education, vocational education, and skills development.

Furthermore, according to a statement from the Ministry, the meeting emphasised the excellent level of the long-standing relations between Cyprus and Greece in the field of education, as well as the common will for further strengthening of cooperation.

“Beyond the Memorandum of Cooperation, we had the opportunity to discuss, of course, issues of our collaboration, which is continuous, is constantly being upgraded, and includes matters concerning our educational system, from preschool to higher education,” Michailidou said.

“We want to upgrade public schools. We want to provide more opportunities for our children and our educators to truly have the educational system that everyone deserves,” she continued, adding that “we ensure that through the memoranda of cooperation and our mutual understanding, we continuously have a very good exchange of expertise, but mainly an exchange of good practices.”

Number of unemployed persons records annual increase of 9.7% in September

The number of unemployed persons registered at the District Labour Offices on the last day of September 2026, reached 8,366 persons, recording an increase of 742 or 9.7% compared to September 2025, according to data published by the Statistical Service on Tuesday.

According to CyStat, this increase is mainly attributed to the sectors of Public Administration and Defence, Information and Communication, and Administrative and Support Service Activities.

Based on the seasonally adjusted data, which reflect the trend in unemployment, the number of registered unemployed persons increased to 10,809 in September 2026, compared with 10,715 in the previous month.

Annual increase in industrial producer prices in Cyprus at 4.2% in August

Industrial producer prices in Cyprus increased by 4.2% in August 2026 compared with the same month in 2025, while on a monthly basis they rose by 0.2%, according to data published by Eurostat on Monday.

The annual increase in Cyprus accelerated from 4.0% in July to 4.2% in August. In June and May, the annual rate had stood at 2.0%, while in March and April a decrease of 0.4% had been recorded.

On a monthly basis, industrial producer prices in Cyprus increased by 0.2% in August, following a 1.8% rise in July. They had increased by 0.3% in June, 3.2% in May and 0.3% in April, while in March they had declined by 0.6%.

In the euro area, industrial producer prices increased by 1.9% in August compared with July, while the EU also recorded a 1.9% increase. In July, the corresponding increases were 1.6% in the euro area and 1.4% in the EU.

On an annual basis, industrial producer prices increased by 8.2% in the euro area and by 8.0% in the EU in August 2026 compared with August 2025.

On a monthly basis, the largest increase in both the euro area and the EU came from the energy sector. Energy prices increased by 5.6% in the euro area and by 5.5% in the EU.

Cyprus Stock Exchange

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

MEETING DATE: 05/10/2026

INDICES BASE VALUES: FTSEMed=5000, OTHERS = 1000

EURO (pound )

TRADED VALUE 177,958.71

INDEX

VALUE

%DIFF.

VALUE

FTSE/CySE 20

186.240

-1.090

166,310.390

MAIN MARKET INDEX

247.170

-1.220

52,693.140

INVESTMENT COMPANIES MARKET INDEX

2,688.520

-0.360

20,405.530

CSE GENERAL INDEX

316.970

-1.080

166,310.390

HOTELS INDEX

2,006.070

-0.350

748.800

ALTERNATIVE MARKET INDEX

2,158.800

-0.660

113,617.250

?umber of building permits increased by 18.3% in June 2026

The number of building permits issued in June 2026 increased by 18.3% compared with the same month of the previous year.

According to a statement from the Statistical Service, the total value of the 751 permits in question amounted to pound 469.5 million and the total floor area to 394.7 thousand square metres, whilst these permits are expected to result in the construction of 2,122 residential units.

It is added that during the period January-June 2026, 4,401 building permits were issued, compared with 3,399 in the corresponding period of the previous year, marking an increase of 29.5%, the total value of which rose by 48.2% and the total floor area by 47.1%, whilst the number of residential units increased by 67.8%.

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

CYPRUS DEPARTMENT OF METEOROLOGY

FORECAST FOR THE SEA AREA OF CYPRUS (A)

FOR THE PERIOD FROM 0600 05/10/2026 UNTIL 0600 06/10/2026

Area covered is 8 kilometers seawards.

Winds are in BEAUFORT scale. Times are local times.

Atmospheric pressure at the time of issue: 1017hPa (hectopascal)

Low pressure and unstable airmass are affecting the area. Partly cloudy weather with risk of isolated showers.

Visibility: Good, but moderate to poor in showers

Sea surface temperature: 26°C

Warnings: NIL

AREA PERIOD WIND STATE OF SEA

West Coast

Morning Variable 3 Smooth to Slight

Afternoon West to Northwest 3 to 4, at times locally 4 Smooth to Slight

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

South Coast

Morning Northwest 3 Smooth to Slight

Afternoon Southwest to West 3 to 4, at times locally 4 Smooth to Slight

Night Northwest 3, at times locally 3 to 4 Smooth to Slight

East Coast

Morning Variable 3 Smooth to Slight

Afternoon Southeast to Southwest 3 to 4 Smooth to Slight

Night West to Northwest 3 Smooth to Slight

North Coast

Morning Variable 3 Smooth to Slight

Afternoon West to Northwest 3 to 4, at times 4 Smooth to Slight

Night Northwest 2 to 3, near the coast Southeast to South Smooth to Slight

EU Commission identifies significant pressures on Cyprus water resources

Significant pressures on Cyprus water resources, linked among other factors to water scarcity, water abstraction and agricultural pollution, are identified in a specific European Commission assessment on the implementation of EU water legislation.

In a statement published on Monday, the Commission presented new assessments for Member States that had not submitted their data in time to be included in the initial reports of February 2025. These include Cyprus, along with Bulgaria, Greece, Ireland, Malta, Portugal, Slovakia and Slovenia.

The Commission’s dedicated staff working document on Cyprus examines the third River Basin Management Plan and the second Flood Risk Management Plan under the Water Framework Directive and the Floods Directive.

According to the assessment, Cyprus has limited water resources, while rising temperatures, prolonged droughts and increasing demand from households, agriculture and tourism have intensified pressures.

The Commission notes that the country is among the Member States with the highest levels of the Water Exploitation Index, while also highlighting investments in a management system based on dams, seawater desalination, wastewater treatment and water reuse.

Sky is the limit for Cyprus-US relations, President says in interview also shared by Trump

The sky is the limit when it comes to bilateral relations between Cyprus and the United States, the President of the Republic, Nikos Christodoulides, said in an interview to American media outlet Breitbart News, which was published on Sunday and was also shared by US President Donald Trump on his Truth Social account.

Speaking to Breitbart News on the sidelines of the United Nations General Assembly in New York, President Christodoulides said that American President Donald Trump has a ‘unique advantage’ in world affairs because, while he is bold, everyone knows where they are in his book, which helps him negotiate better than anyone.

He also explained how Cyprus wrapped its rotating presidency of the European Union’s council earlier this year, and how he sought to bring Europe closer both with the Eastern Mediterranean and Middle East but also with the United States.

‘The number one highlight of our presidency was to bring the region closer to the European Union,’ President Christodoulides said. ‘It took a lot of time and effort in order to make my colleagues, the European Council, understand the importance of the greater Middle East, and we are very glad. Within this context, we also had an informal meeting in Cyprus with the 27 member states; the leaders of the 27 member states, and the presidents of the institutions with leaders of the region. The second one is the importance that we attach finally as a European Union on the issue of defence. We are spending through the SAFE instrument 150 billion euros in order to enhance the capabilities of the European Union and the member states. The third point, which is very important for us, in certain issues, is we may have different approaches with the United States, but we don’t have the luxury in any way to have a transatlantic rift’, he noted.

Referring to the Cyprus problem, President Christodoulides told Breitbart News that the ‘great obstacle’ in the way of a solution is Erdogan’s intransigence, adding that every other nation in the region, including Greece, Israel, Egypt, Jordan, Lebanon, the United Arab Emirates, India, and also the United States, and others, are all working together, except Turkey, which is not.

Referring to the appointment of the new US ambassador to Cyprus, John Breslow, President Christodoulides said that the United States is Cyprus’ most important partner in trade, defence, and security in all sectors, adding that Cyprus is working very closely with the United States to upgrade its military infrastructure.

He added that in his decades of work, he has never seen Cyprus as close as it is now with America.

‘Today, I’m very glad that the United States is our closest ally; defence, security, intelligence. We are working very hard. We have U.S. investments in Cyprus on trade. The sky is the limit when it comes to our bilateral relations with the United States, and as I told you before, we’re very glad that we have the United States back in the region, especially with this administration, which fully understands the importance of the Middle East, of the greater Middle East, and we’re very glad that we’re working together’, he stressed.

He further noted that the reason why Cyprus and the United States, especially under Trump’s leadership, are natural allies is because of deep common interests, including energy, with Chevron and ExxonMobil, two of America’s biggest energy companies, being both active in Cyprus’ exclusive economic zone seeking to help produce natural gas energy.

Asked about this area of development between the two countries, President Christodoulides told Breitbart News that with developments in the Middle East throwing the world’s energy supplies into chaos, the developments in the Eastern Mediterranean as an alternative are all the more important for Europe and the world. He also said there are major energy announcements expected in early October in Cyprus that will even further deepen the ties.

He also said that Cyprus being able to help power Europe and working to create more Western energy sources is extremely important as evidenced by the Russian war in Ukraine proving that depending on malign actors for energy is a pathway to calamity for the West.

Another major area of cooperation between the U.S. and Cyprus, according to the President, is on protecting Christian minorities in the Middle East, adding that the Christian minorities in many Arab nations in the Middle East are critical to ‘stability’ and that he is working with the United States and Trump on this front.

President Christodoulides said that the ‘convergences’ with the United States and Cyprus when it comes to cultural issues like protecting Christians but also on trade and energy as well as other economic matters and most importantly on defence and security are ‘endless’. He also pointed to the hopes of movement on the idea of the India-Middle East-Europe Economic Corridor (IMEC, adding he also met with Trump in person in Egypt at the Gaza peace summit last year, and that he hopes to visit the White House soon.

One of the big developments in U.S.-Cyprus defense relations is that an arms embargo was lifted recently, and now the United States can sell weapons to Cyprus, the President said, expressing hope that the arms embargo lifting does not need annual sign-offs, but can be renewed every five years instead. He added that investments from American businesses into Cyprus, not just in defence, are happening “at historic rates right now.”

‘Another sector that is very important is we have US investment in Cyprus probably for the first time in such an extent,’ President Christodoulides said in closing, adding that American companies, by investing in Cyprus, they not only invest in a country of almost 1 million people, but ‘they invest in Europe, in a market of 450 million people, and at the same time they have access-they use Cyprus as a gateway-to the greater Middle East.’