Category: Cyprus News Agency

FOR THE PERIOD FROM 1200 28/10/2025 UNTIL 1200 29/10/2025

Atmospheric pressure at the time of issue: 1016hPa (hectopascal)

Weak high pressure is affecting the area. Increased cloud will be present at times.

Visibility: Good

Sea surface temperature: 25°C

Warnings: NIL

FOR THE PERIOD FROM 0600 27/10/2025 UNTIL 0600 28/10/2025

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

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

Visibility: Good

Sea surface temperature: 25°C

Warnings: NIL

AREA

PERIOD

WIND

STATE OF SEA

West Coast

Morning

West to Northwest 3, gradually 3 to 4

Smooth to Slight

Afternoon

West to Northwest 3 to 4, at times locally 4

Smooth to Slight

Night

Northwest to Northeast 3

Smooth to Slight

South Coast

Morning

Southeast to Southwest 3, gradually 3 to 4

Smooth to Slight

Afternoon

Southwest to West 3 to 4, locally 4

Smooth to Slight

Night

Northwest to North 3

Smooth to Slight

East Coast

Morning

Northwest to Northeast 3, gradually Southeast to Southwest

Smooth to Slight

Afternoon

Southeast to Southwest 3

Smooth to Slight

Night

West to Northwest 3

Smooth to Slight

North Coast

Morning

Southwest to Northwest 3, gradually 3 to 4

Smooth to Slight

Afternoon

Southwest to Northwest 3 to 4, at times locally 4

Smooth to Slight

Night

Southeast to Southwest 3

Smooth to Slight

Total sales of petroleum products in Cyprus recorded an annual increase of 11.2% in September 2025, reaching 144,720 tonnes while an increase of 4.7% was recorded in the first nine months of the year, according to data released by the Statistical Service of Cyprus.

The rise was mainly driven by a sharp increase in oil supplies to ships (112.3%) and aircraft (16.8%). Sales of asphalt (29.7%), liquefied petroleum gas (9.1%), gasoline (8.6%), heating gas oil (7.4%) and diesel (6.9%) also went up. In contrast, sales of light fuel oil fell by 47.8%.

Sales from petroleum product stations amounted to 61,537 tonnes, marking a 6.3% year-on-year increase.

Compared with August 2025, total sales of petroleum products rose by 17.3%. Supplies to ships increased by 61.7%, while sales of diesel and gasoline rose by 21.1% and 10% respectively. A decrease of 5.6% was recorded in oil supplies to aircraft.

Total stocks of petroleum products at the end of September rose by 38.9% compared with the previous month.

During the period January-September 2025, total sales of petroleum products increased by 4.7% compared with the corresponding period of 2024.

The Minister of Health, Michalis Damianos, departs Monday for Copenhagen, where he will represent the Republic of Cyprus at the 75th Session of the WHO Regional Committee for Europe, taking place from 28 to 30 October 2025.

According to an announcement from the Ministry of Health, during the meeting Damianos will take part in discussions with his counterparts from the 53 member states of the WHO European Region, aiming to exchange views and shape common positions and strategies to address current health challenges.

In addition, on the sidelines of the session, the Minister of Health is expected to hold bilateral meetings with fellow ministers and representatives of international organisations, with the goal of strengthening Cyprus’s cooperation in health-related matters.

Deposits and loans in Cyprus both recorded a net increase in September, according to statistics released on Monday by the Central Bank of Cyprus, which are included in the October 2025 edition of Monetary and Financial Statistics.

Total deposits in September 2025 recorded a net increase of pound 670.2 million, compared with a net increase of pound 44.3 million in August 2025. The annual growth rate of total deposits stood at 6.3%, compared with 6% in August 2025. The outstanding amount of total deposits reached pound 57.2 billion in September 2025.

Deposits of Cyprus residents exhibited an increase of pound 456.6 million. More analytically, deposits of non-financial corporations increased by pound 397.2 million, while household deposits recorded a decrease of pound 32.5 million. Deposits of the remaining domestic sectors exhibited a total increase of pound 91.9 million.

Total loans in September 2025 recorded a net increase of pound 269 million, compared with a net decrease of pound 60.8 million in August 2025. The annual growth rate of total loans stood at 7.9%, compared with 7.2% in August 2025. The outstanding amount of total loans reached pound 26.6 billion in September 2025.

Loans to Cyprus residents exhibited an increase of pound 101.7 million. More analytically, loans to households and non-financial corporations increased by pound 13 million and pound 84.1 million respectively. Loans to the remaining domestic sectors exhibited a total increase of pound 4.6 million.

Implementation of the 2025 state budget reached 59% for revenue and 52% for expenditure by end of September, according to the Treasury of the Republic of Cyprus.

Specifically, by the end of September 2025, revenue amounted to pound 6.91 billion, corresponding to 59% of the state budget (2024: pound 7.72 billion, 68%), while actual expenditures reached pound 6.75 billion, representing a implementation rate of 52%(2024: pound 7.94 billion, 58%).

According to the Treasury, the implementation of the state budget in terms of revenues shows a decrease compared to the same period last year, mainly due to a reduction in loan drawdowns by pound 1.06 billion, which is offset by increases in direct and indirect taxes by pound 0.15 billion and pound 0.14 billion, respectively.

Moreover, the implementation of the state budget regarding expenditure is also reduced, mainly due to lower repayments of loans and interest by pound 1.33 billion.

Revenue

———–

According to the Treasury, during the period January-September 2025, indirect taxes increased by pound 0.14 billion (5%) compared with 2024, mainly due to the increase in VAT revenues by pound 0.07 billion (2025: pound 2.29 billion, 2024: pound 2.22 billion), revenues from other indirect taxes by pound 0.04 billion (2025: pound 0.41 billion, 2024: pound 0.37 billion), and revenues from excise duties by pound 0.03 billion (2025: pound 0.39 billion, 2024: pound 0.36 billion).

Direct taxes increased by pound 0.15 billion (5%) compared with 2024, mainly due to the increase in income tax from legal and natural persons by pound 0.12 billion (2025: pound 2.58 billion, 2024: pound 2.46 billion).

It is also noted that by the end of September 2025, loan drawdowns amounted to pound 0.04 billion (2024: pound 1.10 billion).

Expenditure

————

According to the Treasury, the implementation of payroll, pensions, and gratuities by the end of September shows a slight decrease of pound 0.01 billion, from pound 2.46 billion in 2024 to pound 2.45 billion in 2025.

Loan and interest repayments by the end of September amounted to pound 0.62 billion (2024: pound 1.96 billion), of which pound 0.48 billion (2024: pound 0.55 billion) concerned loan interest and charges, pound 0.07 billion (2024: pound 0.34 billion) the repayment of domestic loans, and pound 0.07 billion (2024: pound 1.06 billion) the repayment of external loans.

Expenditures on social benefits by the end of September reached pound 1.37 billion (2024: pound 1.33 billion). The increase of pound 0.04 billion (3%) is attributed mainly to higher healthcare benefits by pound 0.06 billion (2025: pound 0.61 billion, 2024: pound 0.55 billion), combined with a reduction in social welfare benefits by pound 0.03 billion (2025: pound 0.51 billion, 2024: pound 0.54 billion).

Additionally, transfers and subsidies by the end of September reached pound 1.31 billion (2024: pound 1.16 billion), marking an increase of pound 0.15 billion (13%) compared to the same period last year.

Operating and other expenses by the end of September amounted to pound 0.61 billion (2024: pound 0.67 billion), showing a decrease of pound 0.06 billion (9%).

According to the Treasury, over the last decade, the average implementation rate of total state budget expenditures by September has been 60%. The lower implementation rates in 2018 and 2025 are mainly due to the seasonality of public debt repayments. The implementation rate for 2025 stands at 52%.

As for development expenditures, the Treasury reports that capital expenditure implementation by the end of September reached pound 250.9 million, co-financed projects and other financing expenditures reached pound 132.5 million, grants, contributions, and subsidies by the end of September reached pound 160.1 million and the implementation of social benefits reached pound 40.5 million.

Over the past decade, the average implementation rate of the state development expenditure budget by the end of September stood at 36%. The implementation rate for 2025 is 39%, according to the Treasury.

Weather Temperature for Cyprus

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

Date 27/10/2025

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 (28.1)

14 (14.1)

36

Larnaka Airport

27 (27)

17 (17.4)

54

Limassol (New Port)

26 (26.2)

14 (14)

56

Limassol (Municipal Garden)

28.0

16.8

Pafos Airport

26 (25.6)

18 (17.5)

61

Frenaros

28 (28)

17 (16.8)

57

Prodromos

–

13 (13)

–

Polis Pafos

26 (26)

18 (17.7)

57

Cyprus and France are moving towards the signing of a comprehensive strategic partnership agreement, with both sides expressing their intention to finalise the document ahead of French President Emmanuel Macron’s visit to Cyprus.

President Nikos Christodoulides, welcoming France’s Minister Delegate for European Affairs Benjamin Haddad at the Presidential Palace on Monday, said the partnership is a very important political, economic, and cultural document that they want to finalise as soon as possible and to receive in Cyprus Emmanuel Macron to sign the document.

The Cypriot President outlined five key issues on the agenda for discussion, beginning with coordination ahead of Cyprus’ upcoming EU presidency.

‘France is one of the member states that we see eye to eye in most of the issues of our European agenda. So it’s important to coordinate ahead of our presidency,’ he said.

He added that the two sides would also discuss regional developments, particularly in countries of shared interest such as Lebanon, as well as the Cyprus problem.

‘It’s important to synchronise our actions, especially in relation to countries of the region that have great interest for France, for example, Lebanon, the closest country to Cyprus,’ President Christodoulides said. He also referred to Cyprus’ efforts to fully join Schengen by 2026, noting that the country is working on the technical aspects with the goal of completing them by the end of the year.

For his part, Benjamin Haddad expressed satisfaction with the progress achieved between the two sides. He said he had an excellent relationship with Deputy Minister for European Affairs Marilena Raouna and that they work closely on all these issues.

Referring to the upcoming agreement, Haddad noted their aim is to finalise is as soon as possible.

‘I think we’re very close. We really sent our last amended version. There’s a few details that we can discuss, but my sense is that going back and forth between our two teams, we’ll be able to finalise the next month in November in Brussels before President Macron comes here to officially sign it,’ he said.

Haddad described the agreement as a great way to enhance cooperation on economic issues, on strategic energy issues, and especially in a lot of defence issues where they can use the different European instruments to deepen their partnership.

The Chair of Cypriot Studies at the Law School of Aristotle University of Thessaloniki, the first one in Greece, was described as a national achievement by President Nikos Christodoulides during the inauguration ceremony.

President Christodoulides described the full financial sponsorship of the chair by the Republic of Cyprus as a “national obligation and mission” and stressed that his joy is twofold, as its inauguration coincides with both his term in office and the centenary of the Aristotle University of Thessaloniki.

At the same time, he stressed that this is a national achievement “not only because its purpose is to promote the long-suffering history and achievements of Cyprus through the centuries as part of the unified whole of Hellenism, but mainly because through it we are consciously investing in the new generation, in the tomorrow and in the future of our country.”

On her part, Minister of Education, Sports, and Youth, Dr. Athina Michaelidou, said in her address that the Chair will be a point of reference for Cypriot studies in the international academic field and pointed out that the Ministry “includes in its strategy the strengthening of higher education and research extroversion.”

The Chair, she noted, “constitutes a beacon in Greece’s and Cyprus’ common path, where education meets history and together they build the future.”

Minister of Agriculture, Rural Development and Environment, Maria Panayiotou called for adequate funding to support farmers in adapting to the climate crisis and to promote generational renewal in the agricultural sector, during her remarks at the Agriculture and Fisheries Council in Luxembourg on Monday.

In her statement ahead of the Council, the Minister highlighted three critical issues affecting the agricultural sector, with a particular focus on the challenges faced by Cyprus. She began by addressing the discussion on the “green architecture” of the new Common Agricultural Policy (CAP) post-2027. “The climate crisis is already upon us, and its effects are being experienced throughout the food production chain. That is why today’s discussion on the green architecture for the new CAP after 2027 is very important,” she said.

She noted that while the Commission’s proposal includes positive elements, such as the flexibility for member states to adapt their programs to local specificities, “in order to address climate change and the effects of climate change, we need adequate funding.” The Minister also recalled that the Ministers of Agriculture have already jointly expressed their objection to the Commission’s proposal to remove the two pillars and merge the CAP budget with other funds, stating, that “the CAP must maintain its two pillars and an independent budget with an independent funding framework.”

The second issue raised by the Minister concerned “the market situation and the adverse effects on the primary sector in Cyprus due to the prolonged drought, which has affected the entire food production chain.” She requested “adequate and satisfactory support from the Commission,” noting that discussions on this issue are already underway.

Finally, the Minister addressed the “generational renewal strategy” in the agricultural sector, which was presented by the Commissioner. “It is a very important strategy, as we know that the number of young people entering the primary sector across Europe is extremely low-around 12% of those under 40,” she stressed. To make the primary sector attractive to young farmers, “adequate funding is essential,” she concluded, emphasizing that this will be Cyprus’ main request during the discussions. The Minister also underscored the importance of a successful generational renewal strategy for safeguarding food security and maintaining the social cohesion of rural areas.