UNSG’s Personal Envoy postpones visit to Cyprus “due to an unforeseen issue”
The UNSG’s Personal Envoy María Ángela Holguín Cuéllar has postponed, “due to an unforeseen issue”, her scheduled visit to Cyprus for meetings. She was going to arrive to the island on Monday, September 1st, and during her visit she was going to have, among others, separate meetings with Cyprus President, Nikos Christodoulides, and Turkish Cypriot leader, Ersin Tatar. The UN Spokesperson in Cyprus, Aleem Siddique, said in a written statement that “due to an unforeseen issue, the Personal Envoy of the Secretary-General Ms. María Angela Holguín is going to reschedule her visit to Cyprus.”
Trade unions called a general strike on September 11 over CoLA
The trade unions decided to call a general strike on September 11 after the fail of talks regarding the Cost of Living Allowance (CoLA). During an all-union meeting held on Monday, the unions decided to proceed with a three-hour work stoppage from 11 a.m. to 2 p.m. on Thursday, September 11. The strike is expected to paralyze the economy, as unions covering all sectors of the economy, both public and private, are expected to participate. During the strike, regional rallies will take place.
September 1st marks the beginning of Hellenic Bank and Eurobank Cyprus merger
All assets and liabilities of Eurobank Cyprus are being transferred to Hellenic Bank on Monday, as September 1st marks the beginning of the merger of Hellenic Bank and Eurobank Cyprus. As a result, Hellenic Bank Public Company Ltd will be renamed Eurobank Limited.
Retail Trade up 5.2% in value and 8.7% in volume in July
The Turnover Value Index of Retail Trade for July 2025 increased by 5.2% compared to the corresponding month of the previous year. According to the Statistical Service, for the same month, the Turnover Volume Index of Retail Trade increased by 8.7% compared to the corresponding month of the previous year.
Seasonally adjusted unemployment in Cyprus at 5% in July
Unemployment in Cyprus stood at 5%, according to seasonally adjusted data from Eurostat published on Monday. The unemployment rate in Cyprus increased compared with the previous July, when it stood at 4.7%. The rate corresponds to 27,000 unemployed persons, according to Eurostat figures. Among men, the unemployment rate was 4.5%, the same as in July 2024, while among women the rate rose to 5.6%, compared with 4.9% last July.
Seasonally adjusted GDP growth rate at 3.3% in Q2, 2025
The GDP growth rate in real terms (seasonally adjusted), during the second quarter of 2025 is positive and it is estimated at 3.3% over the corresponding quarter of 2024, according to data published on Monday by the Statistical Service. Regarding the production approach for the estimation of GDP, the positive growth rate is mainly attributed to the sectors: “Wholesale and Retail Trade, Repair of Motor Vehicles”, “Information and Communication”, “Hotels and Restaurants”. Compared to the first quarter of 2025, the GDP growth rate is estimated at 0.5%.
Tuesday 02 September 2025
UN Secretary-General informs Security Council of Stewart’s replacement
UN Secretary-General António Guterres announced his intention to appoint Senegalese diplomat Khassim Diagne as the new Special Representative and Head of the UN Peacekeeping Force in Cyprus (UNFICYP). In a letter to the President of the Security Council, Guterres says that Diagne ‘succeeds Canadian Colin Stewart, who has completed his mission,’ while also expressing ‘his gratitude for Colin Stewart’s dedication and effective leadership.’
DepMin points to Turkey’s obligations as a candidate country, towards Cyprus
Turkey is an EU candidate for EU membership country that has undertaken obligations towards every EU member state, including the Republic of Cyprus, which include normalization, recognition and contribution to a comprehensive settlement of the Cyprus problem, Deputy Minister for European Affairs, Marilena Raouna, said on Tuesday. Raouna made a doorstep statement upon arrival to the informal General Affairs Council in Copenhagen and replied to a question about Turkey’s participation as a candidate country in the Council, pointing out that this is the perfect opportunity to convey this clear message to Turkey as EU.
Deputy Minister highlights illegal detention of 5 Greek Cypriots in contacts in Copenhagen
Deputy Minister of European Affairs, Marilena Raouna, briefed her counterparts in Copenhagen, on the issue of the illegal detention of five Greek Cypriots by the “authorities” of the illegal regime in the areas of the Republic of Cyprus that are under Turkish occupation. According to information, during the meetings on the sidelines of the informal General Affairs Council in Copenhagen, Raouna discussed the issue, aiming to increase pressure towards the occupation regime, in order to release the detainees.
Cyprus records marginal deflation 0.1% in August according to Eurostat estimates
Cyprus recorded a marginal deflation of 0.1% in August, according to Eurostat flash estimate. According to Eurostat data, Cyprus is the only euro area member state that recorded negative inflation in August. Euro area annual inflation is estimated at 2.1% in August, up from 2% in July.
Eurobarometer: 69% of Cypriots in favour of EU enlargement
According to a Special Eurobarometer published on Tuesday by the European Commission, 69% of Cypriots are in favour of further EU enlargement and believe that it will be beneficial for Cyprus. The corresponding percentage across the EU stands at 56%, while about two-thirds of respondents aged 15 to 39 believe that (potential) candidate countries should join the EU once they meet the necessary conditions.
Commission stresses GSI’s strategic importance for the EU
The European Commission on Tuesday underlined the strategic importance for the EU of the priority project of common European interest, Great Sea Interconnector, for the interconnection of electricity networks of Greece and Cyprus via an undersea cable, as well as the importance of its implementation. Asked to comment on recent warnings by the Turkish government that it would obstruct the GSI project, the Commission’s energy spokesperson, Anna-Kaisa, stressed the importance of this project for energy policy and for energy infrastructure in the region.
Greek MFA says “there will be consequences” if third country obstructs GSI cable
Greek Foreign Minister, George Gerapetritis, expressed the view that if a third country obstructs the laying of the electric cable connecting Greece and Cyprus, “there will be consequences.” Speaking on Action 24, Gerapetritis argued that previously the laying “was not stopped because of the Turkish reaction but because it was completed according to plan.”
Wednesday 03 September 2025
UNSG appoints Khassim Diagne as Special Representative in Cyprus and Head of UNFICYP
United Nations Secretary-General António Guterres announced on Wednesday the appointment of Khassim Diagne of Senegal as his new Special Representative and Head of the United Nations Peacekeeping Force in Cyprus (UNFICYP). A press release issued by Guterres’ office and read out during Wednesday’s briefing by Guterres’ spokesperson Stephane Dujarric said that Diagne succeeds Colin Stewart of Canada, “to whom the Secretary-General is deeply grateful for his strong leadership and dedicated service throughout his tenure.”
President says there are no differences with the Greek government for GSI
There are no differences with the Greek Government regarding the GSI project President of the Republic, Nikos Christodoulides, said on Wednesday, expressing the need for the implementation of the commitments undertaken by the IPTO, Greece’s Independent Power Transmission Operator. He added that he was informed this afternoon by the Law Office that the European Public Prosecutor’s Office is launching an investigation into possible criminal offenses regarding the project.
Registered unemployed decrease by 4.3% in August year on year
In August 2025, a decrease of 523 registered unemployed persons or 4.3% was recorded, in comparison with August 2024, according to the Statistical Service. This decrease is mainly attributed to the sectors of education, trade, construction, financial and insurance activities, as well as to the decrease recorded for newcomers in the labour market.
EPP leader at PACE submits declaration on illegal detention of 5 Greek Cypriots
A written declaration on the issue of the continued illegal detention of the five Greek Cypriots in the Turkish-occupied areas of Cyprus, was submitted by the leader of the European People’s Party (EPP) political group in the Parliamentary Assembly of the Council of Europe (PACE), Spanish Member of Parliament, Pablo Hispán and was signed by a large number of Members from all five political groups of PACE. The move follows a letter sent by the President of the House of Representatives, Annita Demetriou, to the President of the PACE.
Thursday 04 September 2025
Nicosia welcomes the appointment of the new UNSG’s Special Representative in Cyprus
The Republic of Cyprus welcomes the appointment of Khassim Diagne as the UNSG’s Special Representative and Head of the United Nations Peacekeeping Force in Cyprus and looks forward to a close and constructive cooperation with him within the framework of the United Nations mission, Government Spokesman Konstantinos Letymbiotis said on Thursday.
Cyprus EU Presidency critical for progress on EU budget, Commissioner Serafin says
EU Commissioner responsible for budget, anti-fraud and public administration Piotr Serafin underlined Cyprus’ role for consensus during its Presidency in a meeting with President Nikos Christodoulides held Thursday in Nicosia. President Christodoulides told the Commissioner that Cyprus will do its utmost for progress on EU budget during its EU Presidency the first half of 2026.
”We stand in solidarity with Portugal”, President says after the funicular accident
Cyprus President, Nikos Christodoulides, has expressed his deep condolences over the funicular accident in Lisbon, in which at least 15 people tragically lost their lives. In a post on X he noted that “our thoughts are with the victims, their families, and all those affected as we stand in solidarity with Portugal”. I express my deepest condolences to @LMontenegro_PT and the people of Portugal following the tragic Gloria funicular derailment in Lisbon.
EPPO confirms probe into GSI project, tells CNA it will provide no further details to avoid endangering investigations
The European Public Prosecutor’s Office confirms to the Cyprus News Agency (CNA) that there is an ongoing investigation on the Great Sea Interconnector project (GSI), noting however that no further details can be made public at this time ‘in order not to endanger the outcome of the investigation.’ On Wednesday, President of Cyprus Nikos Christodoulides stated that he was informed earlier in the day by the Law Office of the Republic of Cyprus that the EPPO is launching a probe into possible criminal offenses regarding the GSI project.
Minister and Commissioner Serafin discuss EU support to Cyprus, MFF and upcoming Presidency
The European Commission’s proposal to at least double support to Cyprus for protecting its external borders was a key topic discussed during a meeting between Cyprus’ Minister of Finance Makis Keravnos and European Commissioner for Budget, Anti-Fraud and Public Administration, Piotr Serafin, during the Commissioner’s official visit to Cyprus. The discussion also focused on the Multiannual Financial Framework (MFF) 2028-2034 and Cyprus’ preparations to assume the Presidency of the Council of the European Union on January 1st, 2026.
EU Commissioner highlights future EU budget priorities during meeting with House Committee
EU Commissioner for Budget, Anti-Fraud, and Public Administration, Piotr Serafin, stressed on Thursday, during a meeting he had in Nicosia with the House Committee on Financial and Budgetary Affairs, the need for a future EU budget that balances traditional cohesion policies with the urgent new challenges of competitiveness, defence, and security. Serafin referred to the new long-term budget proposal, noting that Cyprus was his first stop and the critical role which Nicosia will play when it assumes the EU Council Presidency, in January 1st, 2026.
Turkish-occupied Communities call for a compensation fund for properties in a meeting with Cyprus President
The Committee of Occupied Communities called for the establishment of a fund to compensate owners for the loss of use of their properties in the Turkish-occupied areas of the island, during a meeting with President of Cyprus, Nikos Christodoulides, on Thursday, at the Presidential Palace.
A total of pound 44.3m paid in second Solidarity Fund replenishment
The Ministry of Finance announced on Thursday, that replenishment payments totaling pound 44.36 million have been disbursed to 4,524 additional eligible individuals under the Partial Replenishment Scheme of the National Solidarity Fund. The second batch of replenishment payments has been processed, for eligible individuals, who had submitted an application through the ‘Partial Replenishment Scheme of the National Solidarity Fund’ by 13 August 2025, and whose application details had been verified.
We expect all parties to commit in implementing GSI as soon as possible, Commission says
The European Commission underlined on Thursday that it expects all parties to commit in implementing the Great Sea Interconnector project “as soon as possible, as any further delay is to the detriment of the stakeholders, especially Cyprus, the main beneficiary of this project.” Moreover, while acknowledging that the European Public Prosecutor’s Office (EPPO) has initiated an investigation related to the GSI, the Commission declined to comment, in line with its standard practice.
Deflation of 0.9% recorded in August
Cyprus recorded deflation of 0.9% in August on an annual basis, according to figures released on Thursday by the Statistical Service of Cyprus. This marks the fourth consecutive month of deflation in the country. The Consumer Price Index (CPI) reached 117.04 units in August 2025, up from 116.65 units in July, marking a monthly increase of 0.39 units.
Road freight transport in Cyprus increase in Q1 2025
A slight increase in domestic road freight transport and a notable rise in international road transport were recorded by the Cyprus Statistical Service for the first quarter of 2025. According to the data, the total weight of goods transported by road within Cyprus reached 10,882.1 thousand tonnes, marking an increase of 0.2% compared with the same period of 2024 (10,863.5 thousand tonnes).
House President express support to new EU budget framework in meeting with Commissioner
House President Annita Demetriou stressed on Thursday the significance of the portfolio of EU Commissioner for Budget, Anti-Fraud and Public Administration, Piotr Serafin, particularly in view of the assumption by Cyprus of the rotating Presidency of the Council of the European Union in the first half of 2026.
Deputy Minister and EU Commissioner discuss Cyprus Presidency role in MFF
The upcoming negotiations on the Multiannual Financial Framework (MFF) 2028-2034 and Cyprus’ plans for managing this critical dossier ahead of its Presidency of the Council of the EU in January 2026 were the focus of a meeting on Thursday, in Nicosia, between Deputy Minister for European Affairs Marilena Raouna and EU Commissioner for Budget, Anti-Fraud and Public Administration, Piotr Serafin.
President takes part in teleconference of ‘Coalition of the Willing’ for Ukraine
President of the Republic, Nikos Christodoulides, participated on Thursday in a video conference of the ‘Coalition of the Willing’ for Ukraine, convened by the President of France and the Prime Minister of the United Kingdom, Government Spokesman, Konstantinos Letymbiotis, said in a written statement. The teleconference was attended by a number of European and other world leaders, as well as representatives of international organizations.
Friday 05 September 2025
Egypt’s FM backs Cyprus solution under international law and UNSC resolutions
The Foreign Minister of Egypt, Badr Abdelatty, said in statements to the press after meeting with Cyprus’ Foreign Minister, Constantinos Kombos, on Friday, in Nicosia, that Egypt is fully supporting the settlement of the Cyprus cause in line with the international law and in full respect of the Security Council resolutions, noting that this is of great importance for the de-escalation of the region. “We are pushing to build bridges of cooperation and maximizing the use of natural resources in the eastern Mediterranean and serving the prospective interests of all peoples of the region, based on respect of international law”, he said.
Employment in Cyprus up by 1.8% in Q2, hours worked up 2.2%
The Statistical Service of Cyprus announced on Friday that total employment in the second quarter of 2025 reached 508,291 persons, marking a 1.8% increase compared with the same period last year. Of the total, 455,484 were employees, while 52,807 were self-employed.
Industrial Turnover up 4.8% in June
The Industrial Turnover Index climbed to 141.9 units in June 2025 (base year 2021=100), marking a 4.8% increase compared with June 2024, according to figures released by the Statistical Service on Friday. For the first half of the year, the index averaged a 4.5% rise compared with the same period in 2024. Manufacturing was the main driver of growth, with its turnover index reaching 145.1 units in June, up 10.0% year on year.
Cyprus-Egypt FMs call for ceasefire in Gaza, hostages’ return and aid scale-up
Cyprus’ and Egypt’s Ministers of Foreign Affairs, Constantinos Kombos and Badr Abdelatty, called on Friday for an immediate ceasefire in Gaza, for the return of all hostages and for the need of a scale-up to the humanitarian aid to the population of Gaza. The two Ministers, in statements to the press after their joint meeting on Friday, also condemned Israel’s attempts for the displacement of Gazans and settlement expansion.
Egypt’s FM says labour agreement is a win-win situation, bilateral trade up 130%
The Minister of Foreign Affairs of Egypt, Badr Abdelatty, described a labour agreement between Egypt and Cyprus as a “role model of a win-win situation”, during a press briefing on Friday, after his meeting with Cyprus’ Foreign Minister, Constantinos Kombos. The agreement concerns the employment of skilled labour from Egypt in Cyprus. Abdelatty said that there is need to do more in regards to the agreement. “This is a role model of a win-win situation”, he said, adding that Egypt has skilled labour and can be “of great support” to Cyprus in areas such as construction, hospitality sector, and agriculture.
Cairo to fast-track Cypriot gas for 2027, Egypt’s Ministers assure President
Egypt’s Ministers who are visiting Cyprus stressed on Friday their country’s readiness to accelerate procedures for the transfer of Cypriot natural gas to Egyptian facilities, noting that the first gas from the ‘Cronos’ field is expected to be ready in 2027 for delivery to Europe. According to an official press release, Cypriot President Nikos Christodoulides received at the Presidential Palace, the Minister of Foreign Affairs of Egypt Badra Abdelatty and the Minister of Petroleum and Mineral Resources of Egypt Karim Badawi, in the presence of the Minister of Foreign Affairs Constantinos Kombos and the Minister of Energy George Papanastasiou.
Beer deliveries down 5.1% in August, exports plunge 35.9%
Total beer deliveries fell by 5.1% (or 413,256 litres) in August 2025 compared with August 2024, according to data released on Friday by the Statistical Service of Cyprus. Specifically, beer deliveries from factories amounted to 4,517,959 litres in August 2025, compared with 4,931,215 litres in August last year.
President announces decision to build a new hospital in Polis Chrysochous
President of the Republic, Nikos Christodoulides, announced the government’s political decision to proceed with the construction of a new, modern hospital in Polis Chrysochous, in Paphos district. The announcement was made on Friday during the inauguration of three development projects in the municipality of Polis Chrysochous.
Cyprus records the third-highest annual GDP growth in EU in Q2 2025
Cyprus recorded the third-highest annual GDP growth in EU in the second quarter of 2025, according to data published by Eurostat on Friday, with an increase of 3.3%, behind Ireland (18%) and Bulgaria (3.4%). Compared with the previous quarter, GDP in Cyprus increased by 0.5%. In the second quarter of 2025, seasonally adjusted GDP increased by 1.5% in the euro area and by 1.6% in the EU compared with the same quarter of 2024.
Saturday 06 September 2025
Assuming the EU Presidency is the greatest national mission, President says
The assumption of the Presidency of the EU by Cyprus is the greatest national mission, the President of the Republic, Nikos Christodoulides, said on Saturday, adding that it is a unique opportunity to further demonstrate in practice that the Republic of Cyprus has both a voice and a role in the EU. In his remarks at the opening of a Cabinet meeting, which is being held at the presidential residence in Troodos, the President of the Republic, Christodoulides said that with regard to the upcoming Presidency, during the first half of 2026, ‘so far we are proceeding normally’ as concerns the infrastructure, noting that 258 meetings will be held in Cyprus.
Cyprus ranks 3rd in EU in tertiary education attainment rate in 2024
In 2024 Cyprus ranked third in EU in tertiary education attainment rate, with 60.1%, following Ireland (65.2%) and Luxembourg (63.8%), according to Eurostat. The tertiary education attainment rate, which measures the share of the population aged 25 to 34 that completed a higher education qualification, is one of the Eurostat indicators used to measure progress in the sustainable development goal ‘quality education’ (SDG 4), which seeks to ensure access to quality education for all throughout their lives, as well as to increase the number of young people and adults who have the relevant skills for employment, decent jobs and entrepreneurship.
Cyprus EU Presidency to handle more than 330 dossiers, Deputy Minister says
Less than 120 days before Cyprus assumes the Presidency of the Council of the European Union, Deputy Minister for European Affairs Marilena Raouna stressed that it is a historic challenge but also a huge opportunity for Cyprus, which is expected to receive and manage over 330 legislative and other dossiers. In statements following a Cabinet session at the presidential residence in Troodos, that focused on preparations for the Presidency, Raouna emphasized that everything is proceeding ‘on schedule,’ noting that Cyprus is preparing to host 258 meetings, including 80 at ministerial level, as well as the Informal European Council with the participation of heads of state and government, to be held on April 23-24, 2026.
Sunday 07 September 2025
President expresses readiness to meet Holguin having concrete ideas on the way forward
The President of the Republic, Nikos Christodoulides, expressed on Sunday his readiness for his upcoming meeting in Nicosia with the Personal Envoy of the UN Secretary-General, Maria Angela Holguin, stating that ‘we have some concrete ideas on how to proceed.’ President Christodoulides also said that as regards the issue of the five Greek Cypriots still being illegally detained in the occupied areas, a message has been sent, at bilateral level, to the White House. He was speaking to journalists on the sidelines of the annual memorial service for former President of the House of Representatives and Minister of Foreign Affairs, Alekos Michaelides.
Cyprus’ FM congratulates UK and Netherland’s counterparts for their appointment
Cyprus’ Minister of Foreign Affairs, Constantinos Kombos, has congratulated Yvette Cooper and David van Weel, for their appointment as UK Foreign Secretary and as Minister of Foreign Affairs of the Kingdom of the Netherlands, respectively. “Congratulations Yvette Cooper on your appointment as Foreign Secretary of the United Kingdom. Looking forward to continuing Cyprus-UK close cooperation and to strengthening our strategic partnership”, Kombos wrote on X.
Monday 08 September 2025
Cyprus committed to EU enlargement progress, Raouna tells Serbian counterpart
The Cyprus Presidency of the Council of the EU is committed to achieve tangible progress in the accession negotiations of Serbia and Western Balkans, Deputy Minister for European Affairs, Marilena Raouna told Nemanja Starovic, Minister of European Integration of Serbia on Monday morning, at the Secretariat for the Cyprus Presidency of the Council of the EU. On his part, Starovic expressed Serbia’s great expectations for Cyprus’ Presidency, regarding the progress on the accession negotiations.
Registrations of vehicles up slightly in first eight months of 2025
The total registrations of vehicles increased by 0.8% to 34,668 in January-August 2025, from 34,391 in January-August 2024, according to data published by the Cyprus Statistical Service on Monday. Passenger saloon cars increased to 26,961 from 26,902 in January-August 2024, recording a rise of 0.2%.
Berset highlights important role of Cyprus in Council of Europe
The important role played by the Republic of Cyprus in the Council of Europe was highlighted by the Secretary General of the Council of Europe, Alain Berset, who met with the President of the Republic, Nikos Christodoulides, as part of his official visit to Cyprus. According to a Presidency statement, welcoming Berset to the Presidential Palace, the President of the Republic said that the Republic of Cyprus attaches great importance to the Council of Europe, while noting the importance of implementing the decisions of the European Court of Human Rights.
President Christodoulides raises issue of illegal detention of 5 Greek Cypriots with CoE SG
The shared commitment to the peaceful resolution of conflicts and the preservation of European values were reaffirmed during a meeting on Monday in Nicosia between President Nikos Christodoulides and the Secretary General of the Council of Europe (CoE), Alain Berset, according to a written statement by Government Spokesperson Konstantinos Letymbiotis. The President ‘underlined’ the importance the Republic of Cyprus attaches to promoting a solution to the Cyprus problem based on the UN Security Council resolutions, while also highlighting ‘the unacceptable detention’ of the five Greek Cypriots by the Turkish occupying regime, he notes.
Council of Europe Secretary General visits Nicosia town hall
The Secretary General of the Council of Europe, Alain Berset, visited Nicosia Town Hall, accompanied by the President of the Republic, Nikos Christodoulides. They were welcomed by the Mayor of Nicosia, Charalambos Prountzos, who guided them through the Town Hall and, from the rooftop of the building, pointed out several of the capital’s most notable landmarks to Mr. Berset.
Fiscal Council stresses need to increase spending for climate crisis response
Public spending to address the risks of the climate crisis is far below the necessary levels, according to a note by the Cyprus Fiscal Council, in view of the preparation of the 2026 Budget and the 2026-2028 Medium-Term Fiscal Framework (MTFF). The Fiscal Council notes that Cyprus continues to lag in the development of infrastructure, policies, and other measures to mitigate the impacts of climate change.
Credit acquiring companies hold pound 19.7 billion in loans, 94% non-performing
Loans managed by credit acquiring companies in Cyprus reached pound 19.7 billion at the end of June 2025, according to data released on Monday by the Central Bank of Cyprus. Of this amount, pound 18.5 billion, or 94% of the total, were classified as non-performing. Breakdown figures show that loans to households stood at pound 9.9 billion, of which pound 9.3 billion were non-performing. For legal entities, loan balances reached pound 9.75 billion, with pound 9.27 billion classified as non-performing.
Cyprus’ MFA condemns Jerusalem terrorist attack
Cyprus’ Foreign Ministry on Monday condemned the terrorist attack in Jerusalem, expressing condolences to the victims’ families. In a post on X, the Ministry expresses ‘strong condemnation of the horrific terrorist attack in Jerusalem, killing six civilians and wounding a number of others.’ ‘There is never a justification for terrorism’, it said, expressing ‘sincere condolences’ to the victims’ families and wishing the wounded a speedy recovery. ‘Lasting peace and security can only be reached via a peaceful solution’, it notes.
Cypriot PACE members raise issue of Greek Cypriots’ illegal detention with Berset
Members of the Cypriot delegation to the Parliamentary Assembly of the Council of Europe (PACE), Christiana Erotokritou and Kostis Efstathiou, raised the issue of the illegal detention of five Greek Cypriots in the Turkish occupied territories with the Secretary General of the Council of Europe, Alain Berset, on Monday, according to a statement by the House of Representatives.
House President urges Council of Europe’s SG to intervene for release of five Greek Cypriots
President of the House of Representatives of Cyprus, Annita Demetriou, called on the Secretary General of the Council of Europe, Alain Berset, to intervene for the immediate release of five Greek Cypriots who are being unlawfully detained in the Turkish-occupied northern part of the island. During a meeting at the House of Representatives, on Monday – part of Berset’s official visit to Cyprus – discussions focused on the strengthening of the rule of law, the protection of human rights, the fight against disinformation and the misuse of artificial intelligence, as well as the rise of populism and far-right extremism across Europe, according to an official statement from the House of Representatives.
Foreign Minister presents EU Presidency priorities during visit to Albania
Minister of Foreign Affairs, Constantinos Kombos, outlined the key priorities of the upcoming Cyprus Presidency of the Council of the European Union during a working visit to Albania on Monday. The visit was made at the invitation of Albania’s Minister for Europe and Foreign Affairs, Igli Hasani, as part of efforts to strengthen bilateral ties and prepare for Cyprus’ EU Council Presidency in the first half of 2026.
EP position clear with resolution on 5 Greek Cypriots, Fourlas-Hadjipantela say
The European Parliament’s (EP) position is clear with the resolution t? be discussed in the current Plenary Session on the illegal detention of the five Greek Cypriots in the Turkish-occupied territories, the Cypriot MEPs of the European People’s Party (EPP), Loukas Fourlas and Michalis Hadjipantela, said on Monday. Speaking to Cypriot journalists in Strasbourg, Fourlas said that the EPP had prepared a draft resolution on the illegal detention of the five Greek Cypriots in the Turkish-occupied territories, adding that there would be negotiations with the other political groups of the EP on the final text of the resolution, which is to be tabbed to vote on Thursday, the last day of the current plenary session. He also described the resolution as ‘urgent’, adding that it holds Turkey to account and considers it a third country.
Tuesday 09 September 2025
CoE SG gives lecture to Diplomatic Academy in Nicosia
Council of Europe Secretary General, Alain Berset, gave a lecture to the Foreign Ministry’s Diplomatic Academy on safeguarding human rights, the rule of law, and democratic institutions in times of crisis, in the framework of his visit to Cyprus. The Ministry said in a post on X, on Tuesday, that “we were honoured to host the CoE SG Alain Berset for a lecture to our Diplomatic Academy on ‘Safeguarding Human Rights, the Rule of Law, and Democratic Institutions in Times of Crisis’, in the framework of the Distinguished Guests Series – Open Discussions.”
Pension reform at center of President’s meeting with Economy and Competitiveness Council
President Nikos Christodoulides stressed the need to promote a comprehensive pension reform during his meeting on Tuesday at the Presidential Palace with members of the Cyprus Council of Economy and Competitiveness. The reform aims to increase pensions, strengthen provident funds, and ensure the sustainability of the Social Insurance Fund. In his opening remarks, President Christodoulides stressed that one of the country’s greatest needs is to reform the state apparatus inherited from 1960.
Council of Europe plans mission on stalled Cyprus ECHR rulings, Secretary General tells CNA
The Council of Europe will soon send a technical mission to Cyprus to explore ways of unblocking the long-pending execution of European Court of Human Rights (ECHR) judgments relating to the island, Secretary General Alain Berset told the Cyprus News Agency, in an interview during his official visit to Nicosia. Among others, Berset had a meeting with Cyprus President Nikos Christodoulides.
Kallas thanks Cyprus for humanitarian aid to Gaza
Head of European diplomacy, Kaja Kallas has thanked Cyprus for sending humanitarian aid to Gaza in August from Limassol. She was speaking on Tuesday during the European Parliament plenary session in Strasbourg, which discussed the situation in Gaza and the EU’s efforts to combat famine.
The aim is for EU policies to adequately respond to farmers’ needs, Panayiotou says
The aim is for the European Union’s policies to be able to adequately respond to the needs of farmers and ensure their resilience and competitiveness, said on Tuesday the Minister of Agriculture, Rural Development and Environment, Maria Panayiotou, who participated in the informal meeting of EU Agriculture and Fisheries Ministers, held in Copenhagen between 7-9 September. Arriving at the meeting, Panayiotou noted that this was the last Informal meeting of Agriculture Ministers under the Danish Presidency and before the Cyprus Presidency ‘and therefore has a special significance for us’. ‘That is why we are using it for a series of bilateral meetings with both members of the European Parliament and with representatives of agricultural organisations and my counterparts’, she added.
EU Commission approves pound 1.181 billion for Cyprus from the pound 150 billion SAFE fund
The European Commission has approved the allocation of pound 1,181,503,924 from the pound 150 billion of SAFE for Cyprus. The Commission also approved the allocation of pound 787,669,283 for Greece. The decision was taken at Strasbourg where the College of Commissioners met on Tuesday afternoon.
Imports and exports increased in June and July, increase in trade deficit
Imports and exports of goods recorded a significant increase in June and July, compared to the same months last year. There was also a large increase in imports and exports on an annual basis in the first seven months of the year.
Cypriot MEPs raised EU solidarity in the Limassol wildfire
Cypriot MEPs have criticised the European Commission for not responding to the needs of Cyprus during the recent wildfire in Limassol, during which two citizens lost their lives and hundreds of thousands of acres were burned, during the debate in the European Parliament Plenary in Strasbourg on the issue of the fires. On behalf of the Danish presidency, the Minister for European Affairs, Marie Bjerre, stressed that now ‘wildfires go far beyond the Mediterranean.
Sustaining UNFICYP prevents fighting recurrence, Cypriot Ambassador tells UNSC
Cyprus, as the host country of one of the longest-running peacekeeping operations in the world, is fully cognizant of the necessity of sustaining a UN force that prevents a recurrence of fighting, especially in the face of ever-evolving challenges, the country’s Permanent Representative to the United Nations, Ambassador Maria Michail said on Tuesday.
Wednesday 10 September 2025
President says government reforms must forge ahead
President of Cyprus Nikos Christodoulides has outlined the government’s actions aiming to modernise the state addressing the Cabinet on Wednesday morning, at the Presidential Palace, stressing the importance of reforms going ahead. He spoke of the “very good” meeting he had with the Fiscal Council on the pensions reform on Tuesday, pointing out that the last time the pensions system was substantially reformed was in 1980. Today, he added, the public consultation on tax reform concludes while a discussion begins in the House of Representatives for the Law Office reform and a discussion on the Audit Office reform is expected to begin soon.
Von der Leyen announces a new European Firefighting Hub in Cyprus
European Commission President Ursula von der Leyen announced the intention to establish a new European firefighting hub based in Cyprus, during her State of the Union address on Wednesday, at the European Parliament Plenary in Strasbourg, France. Referring to the devastating wildfires that struck Europe in the summer of 2025, Von Der Leyen said: ‘This summer we all saw the pictures of Europe’s forests and villages on fire.
We are ‘stronger together’ President says after von der Leyen’s announcement for EU firefighting hub
President of Cyprus, Nikos Christodoulides, thanked European Commission President Ursula von der Leyen after she outlined on Wednesday a proposal for the creation of a new European firefighting hub based in Cyprus, which could also support countries in the region. Von der Leyen was addressing the European Parliament in Strasbourg, delivering the State of the Union speech. ‘Together, proud Europeans! Dear Ursula, thank you for the extremely important announcement for a European firefighting hub based in Cyprus, which will cover our region.
Gap remains between Cyprus and eurozone deposit and lending interest rates
There is still a wide gap between deposit and lending interest rates in Cyprus compared to the eurozone ones. Lending rates in Cyprus are significantly higher than those in the eurozone, while deposit rates are lower, according to July data issued by the Central Bank of Cyprus (CBC). The CBC published on Wednesday detailed interest rate data for deposits and loans for each credit institution, with the aim of further enhancing transparency, as it said.
Israeli attack in violation of Qatar’s sovereignty ‘utterly unacceptable’, Nicosia says
The Israeli attack, in violation of Qatar’s sovereignty, is ‘utterly unacceptable’, Cyprus’ Foreign Ministry said Wednesday, noting that such actions risk regional peace and security.
Sixteen bounced cheques in August with a total value of pound 52,891, CBC says
There were 16 bounced cheques in August 2025 according to the preliminary list of the Central Information Register, having a total value of pound 52,891, the Central Bank of Cyprus (CBC) announced on Wednesday. The total number of legal and natural persons registered in the preliminary list of the Central Information Register in August 2025 amounted to 6, of which 2 were legal and 4 natural persons.
Cypriot MEPs welcome von der Leyen’s announcement on EU firefighting hub
Cypriot members of the European Parliament (MEPs) have welcomed the announcement on Wednesday by European Commission President, Ursula von der Leyen, on the creation of a European Firefighting Hub in Cyprus, which was made in the context of her State of the Union speech, on Wednesday.
Kombos and Rubio discuss bilateral agenda in framework of strategic partnership
Foreign Minister, Constantinos Kombos, held on Wednesday a telephone conversation with his US counterpart, Marco Rubio, on the two countries’ bilateral agenda, in the framework of their strategic partnership. “Had a stocktaking telephone conversation with U.S. Secretary of State on our bilateral agenda in the framework of our strategic partnership including our cooperation on security and defence,”Kombos wrote on his account on ‘X’.
Sales of Cypriot industrial products up 7.3% in 2023
Sales of domestically produced industrial products in Cyprus recorded an increase in 2023, according to data released by the Statistical Service. Total sales reached pound 4,601.6 million, up from pound 4,289.6 million in 2022, marking an annual growth of 7.3%. Among Cypriot products, halloumi recorded sales of 41.9 thousand tons, valued at pound 338.1 million, while pasteurized milk and cream reached 60.7 million liters (pound 85.9 million).
Cyprus’ upgraded operational readiness for addressing challenges imperative, President says
The European status of the Republic of Cyprus, in a region of prolonged crises and of geostrategic importance, makes the country’s upgraded operational readiness for humanitarian missions and for addressing many other modern challenges even more imperative, President of the Republic, Nikos Christodoulides, said on Wednesday. Addressing the inauguration ceremony of the Museum of War Action, History and Honour of the Pancyprian Artillery Reserve Association in Nicosia, he also said that the government’s commitment to the continuous strengthening of the country’s deterrence was part of its strategy for the strengthening of all the power factors of the Republic of Cyprus.
The incursion of Poland’s airspace a “gross violation” of international law, Nicosia says
The unprecedented incursion of Poland’s airspace constitutes a ‘gross violation’ of international law, Cyprus’ Foreign Ministry said Wednesday, expressing solidarity with Poland. In a post on X, the Ministry said that ‘the unprecedented incursion of Poland’s airspace constitutes a gross violation of international law and a serious escalation of the continuing war in Ukraine’.
European firefighting hub vital for Cyprus, Commissioner Kadis says
The establishment of a new European firefighting hub is vital for Cyprus, European Commissioner for Fisheries and Oceans, Costas Kadis, said on Wednesday, speaking to Cypriot journalists in the margins of the European Parliament Plenary Session, in Strasbourg. He welcomed the announcement by the President of the Commission to establish a new European firefighting hub based in Cyprus, noting that ‘it could also support our regional neighbours.’
Detention of EU citizens in Cyprus’ occupied areas must end, says Commissioner McGrath
EU Commissioner for Democracy, Justice, the Rule of Law, and Consumer Protection, Michael McGrath, said on Wednesday during a debate in the European Parliament Plenary in Strasbourg, on the resolution regarding the detention of EU citizens in the occupied areas of Cyprus, that “the European Union cannot tolerate the violation of its citizens’ rights. The detention of these individuals is unacceptable and must end immediately.” The cases of Antonis Lucas, Andreas Kyprianou, Anni Kyprianou, Niki Grigoriou, and Grigoris Grigoriou “are a tragic reminder of the cost of Cyprus’ 51-year division” he added.
Cypriot and Greek MEPs demand release of 5 Greek Cypriots and measures against Turkey
MEPs from Cyprus and Greece called on Wednesday evening for the release of 5 Greek Cypriots illegally detained by the regime in the Turkish-occupied territories of Cyprus, and asked for measures against Turkey, during a debate in the European Parliament Plenary Session, in Strasbourg, that discussed breaches of human rights, democracy and the rule of law.
Thursday 11 September 2025
EP condemns illegal detention of 5 G/Cs, demanding their immediate release
The European Parliament condemned on Thursday the illegal detention of five Greek Cypriots in the Turkish occupied territories of Cyprus, demanding their immediate release, in a resolution adopted during its plenary session in Strasbourg, following Wednesday’s debate. The resolution, supported by all major political groups (The Left, S and D, Renew, PPE, ECR), received 597 votes in favour out of 602. The other 5 MEPs abstained.
EU Commission allocates pound 33.7 million to the Turkish Cypriot community for 2025
The European Commission announced the adoption of the EU Assistance Programme for the Turkish Cypriot community for 2025, allocating pound 33.7 million to promote socio-economic development and support the reunification process of Cyprus. The main objectives of the Assistance Programme for 2025 include strengthening trade and economic cooperation, improving skills and education, promoting environmental sustainability, as well as building trust and preserving cultural heritage.
Number of businesses in Cyprus up by 4.5% in 2023 on annual basis
In 2023, the number of businesses operating in Cyprus reached 125,152 compared with 119,816 in 2022, marking an increase of 4.5%, according to figures released on Thursday by the Statistical Service of Cyprus. Of these, 94.8% employed fewer than 10 people. Only 156 businesses, or 0.1% of the total, employed 250 people or more. Employment in businesses has shown a generally upward trend, with the exception of 2020, when a decline of 3.3% was recorded.
President says he is ready for positive developments in New York ahead of Holguin’s visit
We are ready for positive developments in New York that will lead to the resumption of the Cyprus talks, President of the Republic, Nikos Christodoulides said on Thursday evening, noting that he considers the visit to Cyprus by UNSG Personal Envoy Maria Angela Holguin as a positive development. Replying to questions from the press upon his arrival at Aradippou municipality for the inauguration ceremony of a Photovoltaic Park, the President said that ‘I consider it positive that Holguin is coming to Cyprus, even though a personal matter arose and she had to postpone her visit previously.’ ‘She insisted, her arrival was arranged, so that the necessary preparatory work can be done, in the hope that we will have positive results at the New York meeting,’ he added.
Cyprus reaffirms solidarity with US on 9/11 anniversary
Cyprus Foreign Ministry paid tribute to the victims of the September 11, 2001 terrorist attacks in the United States, marking 24 years since the tragedy that claimed thousands of lives.
The strike solves no problems, President says calling for dialogue on CoLA
Although the right to strike is respected, it does not solve any problem, President Nikos Christodoulides said on Thursday evening, urging social partners to engage in dialogue within the framework set by the government regarding the Cost-of-Living Adjustment (CoLA). Asked to comment on references of “government double-talk” on the issue, while attending an event in Aradippou, Larnaka, the President said that “there is no double-talk on the part of the government.” He noted that “the right to strike is absolutely respected. The only certain thing is that it does not solve any problem and does not create any winners. Trade unions lose, employers lose, the government loses, and above all, because we are accountable there, the Cypriot people suffer.”
Friday 12 September 2025
UN envoy says Cyprus leaders must take decisions ahead of September
Cyprus leaders must take decisions for moving the peace process forward, UN Secretary-General’s Personal Envoy María Ángela Holguín said on Friday, speaking after a meeting in Nicosia, with Cyprus President Nikos Christodoulides. Speaking to reporters after the meeting, Holguín said her visit aims to prepare the ground for a meeting in September between UN Secretary-General António Guterres and the two Cypriot leaders. ‘I just had the meeting with Mr. Christodoulides. I am coming to prepare the meeting in September with the Secretary-General, the two leaders. So I want to report to the SG how things are on the island, how is the ambiance. And so this is why I am coming,’ she said.
Close coordination to continue as Cyprus EU Presidency nears, President tells German Ambassador
President of Cyprus Nikos Christodoulides told the new Ambassador of the Federal Republic of Germany, Dr. Hans-Peter Jugel that further enriching and deepening the bilateral cooperation between Nicosia and Berlin across all areas of mutual interest, constitutes a priority for his government. ‘As Cyprus prepares to assume the Presidency of the Council of the European Union in less than four months, a great national mission for my country, we look forward to continuing our close coordination to foster constructive solutions to the Union’s most pressing challenges, reaffirming our mutual commitment to a stronger, more resilient and forward-looking Europe’ the President said during an official ceremony at the Presidential Palace.
Price index of the means of agricultural production drops 3.6% in Q1, 2025
The Price Index of the Means of Agricultural Production recorded a drop of 3.60% in the first quarter of 2025 and stood at 124.64 (base year 2020=100), compared to the same quarter of 2024, according to data published on Friday by the Statistical Service. Total Agricultural Production Index rose 2.84% in the first quarter of 2025, compared to the same period of 2024, while Crop Production Index recorded a notable increase of 11.41%. According to the data, Livestock Production Index decreased 1.34% in the first quarter of 2025, compared to the same quarter of 2024.
Costa visit a clear message of Cyprus’ importance in the EU, Spokesperson says
The upcoming visit of the President of the European Council, Antonio Costa, to Cyprus sends a clear message acknowledging the country’s significance within the European framework, Government Spokesperson Konstantinos Letymbiotis said on Friday. Speaking at the Presidential Palace during a press briefing, Letymbiotis said that Costa will visit the Republic of Cyprus on Monday, September 15, at a particularly critical juncture.
Poultry eggs for meat production up 14% in July 2025, year on year
In July 2025, the number of poultry eggs for hatching placed in incubation for meat production reached 1,617,960, marking an increase of 14% compared to 1,418,850 in July 2024, according to data released on Friday by the Statistical Service. As for poultry eggs for hatching placed in incubation for egg production, these reached 40,030 in July 2025, showing a significant increase of 28% compared to July of last year.
Cyprus Government positive on Christodoulides-Tatar-Guterres meeting on Sept. 27
The Government of Cyprus has responded positively to a proposal by the United Nations to hold a joint meeting between President Nikos Christodoulides and Turkish Cypriot leader Ersin Tatar on September 27 in New York, with UN Secretary-General António Guterres, Government Spokesperson Konstantinos Letymbiotis said on Friday. Speaking to reporters at the Presidential Palace, Letymbiotis noted that Nicosia had been consulted by the UN on the proposed date and had given its positive response.
Spokesman says decision to implement SAFE is of particular importance
The decision to implement the European Union’s Security Action for Europe Regulation (SAFE) is of particular importance given the situation globally, Government Spokesman Konstantinos Letymbiotis said on Friday.
Turnover Value Index of Services and Transport up in second quarter of 2025
The Turnover Value Index of Services and Transport went up during the second quarter of 2025, compared to the same quarter of 2024, according to the Statistical Service. According to the data, increases were recorded in the sectors of accommodation and food service activities (11.7%), administrative and support service activities (7.2%), information and communication activities (4.4%), professional, scientific and technical activities (3.6%) and transport and storage activities (2.1%), while a decrease was recorded in real estate activities (-1.8%) compared to the corresponding quarter of 2024.
New Ambassadors of Brazil, Ireland and Ukraine express their countries’ support to Cyprus
The new Ambassadors of Brazil, Ireland and Ukraine, who presented their credentials to the President of the Republic, Nikos Christodoulides, on Friday, expressed in their speeches their countries’ support to Nicosia as regards the Cyprus issue. The President, in his remarks, thanked the new Ambassadors for their solidarity and spoke about the possibilities of cooperation in various fields, as well as the upcoming assumption of the Presidency of the Council of the EU by Cyprus.
Cyprus Presidency to enhance China-EU relationship, President and Chinese Ambassador say
The Cyprus’ Presidency of the Council of the EU offers a vital opportunity to promote dialogue and constructive cooperation to support the enhancement of EU-China relations, President of the Republic, Nikos Christodoulides, said on Friday evening, at the reception of the Embassy of the People’s Republic of China on the occasion of the 76th anniversary of the Proclamation of the People’s Republic of China, held in Hilton in Nicosia. On his part, China’s Ambassador to Cyprus, Liu Yantao, in his address, said that China hopes that during the Cyprus’ Presidency, China-EU relations will achieve new and greater progress.
President praises Athens’ support to Cyprus issue welcoming new Greek Ambassador
Greece is our main supporter in all our efforts for national vindication and the reunification of Cyprus, President of the Republic, Nikos Christodoulides, has stressed, receiving on Friday the credentials of the new Ambassador of Greece, Constantinos Kollias. ‘It is with feelings of gratitude that I once again express our sincere thanks for the principled position of Greece, which remains committed to the need to find a truly viable, functional and definitive solution, on the basis of the relevant United Nations Resolutions and the European acquis,’ he added.
Cyprus and Greece vote in favour of NY Declaration on the Palestinian Issue
The UN General Assembly adopted on Friday, with a majority of 142 votes in favour, 10 against and 12 abstentions, a resolution endorsing the New York Declaration on the Peaceful Settlement of the Question of Palestine and the Implementation of the Two-State Solution. Both Cyprus and Greece voted in favour.
Saturday 13 September 2025
Cyprus and 42 other countries condemn Russian violations of Polish airspace
More than forty countries, including the US, the UK, France, Germany, Greece and Cyprus, expressed their ‘grave concern’ over the violations of Polish airspace by Russian drones on the night of September 9, 2025, in a joint statement read by the Polish Deputy Foreign Minister, following a UN Security Council meeting for an emergency briefing requested by Poland. According to the statement, ‘the Russian Federation, while attacking the territory of Ukraine on the night of September 9, conducted nineteen incursions of drone-type objects into Polish airspace’, which ‘posed a real threat to the civilian population, the infrastructure, and aviation safety’ and were ‘pre-emptively neutralized’.
Sunday 14 September 2025
Cyprus President reiterates Nicosia’s solidarity in discussion with Qatar’s Emir
Cyprus President Nikos Christodoulides on Sunday had a discussion with the Emir of Qatar, during which he condemned the violation of Qatar’s sovereignty, and reiterated Nicosia’s solidarity. In a post on X, President Christodoulides said he had ‘a pertinent discussion’ with the Emir of Qatar. ‘I stressed that we condemn the violation of Qatar’s sovereignty, a grave threat to regional stability’, he said, adding that he also reiterated Cyprus’ solidarity and acknowledged Qatar’s vital role in mediating for a ceasefire in Gaza and regional peace.
President holds phone discussion on regional developments with Israeli President
President of the Republic, Nikos Christodoulides, exchanged views on recent regional developments and the challenges they present with the President of Israel Isaac Herzog, during a telephone conversation held on Sunday. In a post today on X, President Christodoulides said he exchanged views with his Israeli counterpart ‘on recent regional developments and the challenges they present’ and stressed ‘the importance to deescalate tensions, safeguard stability, and advance the prospects for lasting peace in our wider region’.
Yiannos Kranidiotis’ imprint remains strong, RoC Presidency says
Yiannos Kranidiotis’ imprint for a European Cyprus, free and reunited, remains strong, the Presidency of the Republic of Cyprus said in a post on Sunday, marking the 26th anniversary of his death. Kranidiotis’ imprint for a European Cyprus, free and reunited, ‘remains strong,’ the Presidency said in X. ‘He was a dream chaser and a devotee of the achievable.
Monday 15 September 2025
House President calls upon counterparts to join voices for immediate release of the five Greek Cypriots
President of the House of Representatives Annita Demetriou called upon the Presidents of Parliaments of Small European States to join their voices in support of the immediate release of the five Greek Cypriots that are illegally detained in the Turkish occupied areas of Cyprus. She was speaking on Monday at the 18th Conference of Presidents of Parliaments of Small European States, in Nicosia.
Employment in Cyprus’ broad public sector up 2.1% in Q2 2025
Employment in Cyprus’ broad public sector increased to 77,314 persons in the second quarter of 2025, marking a 2.1% annual rise compared with the same period of 2024, according to data released by the Statistical Service of Cyprus on Monday. Out of the total, 72,275 persons were employed in General Government and 5,039 in Publicly Owned Enterprises and Companies.
I will continue working and have hope for the resumption of the talks, Holguin says
UN Secretary-General’s Personal Envoy on Cyprus, Maria Angela Holguín, said Monday that she would continue working and have hope for the resumption of the Cyprus talks. In statements after a meeting she held with Turkish Cypriot leader Ersin Tatar, she said that they talked about the process, the next meeting with the UN Secretary General in a couple of weeks.
Hourly labour costs in Cyprus up 4.1% in Q2
Hourly labour costs in Cyprus increased by 4.1% in the second quarter of 2025 compared with the same period in 2024, according to preliminary data released on Monday by the Statistical Service of Cyprus. Both main components of labour costs-wages and salaries per hour and non-wage costs per hour-recorded increases of 4.2% and 4.1% year-on-year, respectively.
CCCI – CYFA sign MoU to promote Cyprus as administrative services international hub
Cyprus Chamber of Commerce and Industry (CCCI) and Cyprus Fiduciary Association (CYFA) signed a Memorandum of Understanding on Monday, marking the start of a “strategic partnership”. In a press release, CCCI said that “it is an important initiative aiming to further developing the administrative services sector and promoting Cyprus as a reliable international hum in this area.”
Small states have an even greater responsibility to work together, President tells Speakers
Small states have an even greater responsibility to work together, President of the Republic, Nikos Christodoulides, stressed Monday, welcoming at the Presidential Palace the Speakers of the Parliaments of small states of Europe who are participating in their 18th Conference taking place in Cyprus. The Speakers were accompanied by President of the House of Representatives, Annita Demetriou.
Anyone who threatens European countries has no place in SAFE, Greek PM says while receiving Costa in Athens
Greek PM Kyriakos Mitsotakis sent a message on Monday, saying that countries threatening European countries with war cannot participate in the SAFE program in his statements during his meeting in Athens with the President of the European Council, António Costa. The Greek Prime Minister stressed that Athens actively supports the project and underlined the need for a common European financial instrument in this direction, referring in particular to anti-missile systems. “Our position is that countries that threaten EU countries with war cannot participate,” said Mitsotakis, pointing towards Turkey, without making explicit reference. He added that “it is up to them to build good relations with Europe, but this requires respect for its principles.”
President welcomes Costa in Nicosia stressing Cyprus’ readiness for EU Presidency
Cyprus is ready to assume the Presidency of the Council of the European Union in the first half of 2026, President Nikos Christodoulides said on Monday, welcoming European Council President, António Costa, to Nicosia, as part of his tour of EU capitals. On his part, Costa highlighted the importance of unity and inclusiveness in preparing the EU’s upcoming agenda.
Five projects from Cyprus among winners of European Innovative Teaching Awards
The European Commission has announced the winners of the 2025 European Innovative Teaching Awards, celebrating 117 educators and schools from over 30 countries for their groundbreaking Erasmus+ projects. Among the winners, five Cyprus-led initiatives stood out for their creativity, impact, and commitment to transforming education.
Cyprus Presidency important for strengthening relations with the region, Costa says
European Council President, Antonio Costa, praised the importance of the Cyprus Presidency for strengthening EU relations with neighbouring countries in the region, in his statements to the media on Monday, after a working lunch with the President of the Republic, Nikos Christodoulides, at the Presidential Palace, in Nicosia. President Nikos Christodoulides, on his part, welcomed President Costa’s initiative to visit European capitals and reiterated that Cyprus, during its Presidency, will act as an honest mediator and will close the Multiannual Financial Framework (MFF) file as soon as possible.
Finance Minister says he is still hopeful for tax reform
Finance Minister Makis Keravnos appeared hopeful on Monday about the implementation of the tax reform, following consultations he had, in Nicosia, with the political parties. In press statements the Minister said that there should be a convergence of all opinions from all social partners and political parties, adding that in yesterday’s meeting, “some very good and positive opinions” were tabled.
Tuesday 16 September 2025
GRECO sees significant progress in measures to prevent corruption in government and police in Cyprus
Cyprus has made significant progress in enhancing its legal framework to prevent corruption and promote integrity in the central government and the police, according to a follow-up report released today by the Council of Europe´s Group of States against Corruption (GRECO), which notes however that further reforms are still needed. According to a press release by the Council of Europe, in a report assessing compliance with the 22 recommendations issued to the country in an evaluation report in 2023, GRECO concludes that Cyprus has fully implemented six recommendations and partially implemented 13.
Solidarity key for EU be at forefront of global health, Health Minister says
Europe can only remain at the forefront of global health through solidarity, innovation, and collective action, said Cyprus Health Minister Michalis Damianos, who is attending on Tuesday an Informal Meeting of EU Health Ministers in Copenhagen, Denmark. The meeting focuses on advancements in life sciences and clinical trials, as well as strengthening preparedness and security in the pharmaceutical supply chain.
President satisfied with GRECO compliance, says is higher than European average
President, Nikos Christodoulides, has expressed satisfaction with the GRECO Committee’s Compliance Report on Cyprus, and assured that the Government remains committed to transparency, integrity and citizens’ trust in the institutions. In a written statement, following the publication of the follow-up report by the Council of Europe´s Group of States against Corruption (GRECO), the President underlines that the overall rate of full and partial compliance of Cyprus exceeds 85%, significantly higher than the European overall average. “I express my satisfaction with the GRECO Committee’s Compliance Report, which was adopted during the Committee’s 100th Plenary Session and made public today, 16 September 2025.
Raouna sets housing as priority at General Affairs Council in Brussels
The key issues that will be put on the table by the Cypriot EU Presidency, placing particular emphasis on housing, were set by the Deputy Minister for European Affairs Marilena Raouna, ahead of Tuesday’s General Affairs Council meeting in Brussels. Raouna placed particular emphasis on housing, which is also a priority of the upcoming Presidency of the Council.
Building permits in May show annual decrease of 14.4%
The number of building permits authorized during May 2025 stood at 607 compared to 709 in May 2024, registering a decrease of 14.4%, the Statistical Service of Cyprus has said. In a press release on Tuesday, it said that the total value of these permits reached pound 315 million and the total area 261.6 thousand square metres. These building permits provide for the construction of 1,163 dwelling units. During the period January – May 2025, 2,764 building permits were issued compared to 3,254 in the corresponding period of the previous year, recording a decrease of 15.1%.
Turnover value of wholesale trade and motor vehicles up in 2Q 2025
During the second quarter of the year, an annual increase of 4.9% was recorded in the turnover value index of Wholesale Trade and 2.5% of Motor Vehicles, according to the Statistical Service of Cyprus. In a press release it says that the Turnover Value Index of Wholesale Trade during the second quarter of 2025 recorded an increase of 4.9% compared to the corresponding quarter of the previous year.
Minister Ioannou and Commissioner Jørgensen discuss in Brussels affordable housing
The Minister of Interior Constantinos Ioannou met on Tuesday with EU Commissioner for Energy and Housing Dan Jørgensen in Brussels, to discuss the need to develop a European strategy for affordable housing. In statements after the meeting, Ioannou said that “we discussed the issue of housing as a European challenge that requires coordinated and targeted actions for its effective management.
Savvas Papasavvas re-elected Vice-President of the General Court of the EU
Cypriot Savvas Papasavvas has been re-elected Vice-President of the General Court of the European Union for the period from 16 September 2025 to 31 August 2028, following the partial replacement of the Members of the General Court.
He is determined to resume Cyprus talks, UN SG says
‘I am determined to resume the talks on Cyprus issue,’ UN Secretary General Antonio Guterres has said. In response to a question of the Cyprus News Agency during his press briefing ahead of the High-Level Week at UN Headquarters next week, the UN Secretary-General said that he is determined to act with the aim of resuming the talks on the Cyprus issue.
Raouna and Jørgensen discuss energy, legislative agenda and housing in Brussels
Deputy Minister for European Affairs European Union, Marilena Raouna had a ‘productive and results-oriented’ meeting on Tuesday in Brussels with Commissioner for Energy and Housing, Dan Jørgensen. “Ahead of Cyprus taking over the Presidency January 2026, we discussed the energy agenda of the Cyprus Presidency, the Commission’s legislative agenda, as well as affordable housing,” stressed Raouna at a post on X. ‘Our exchange also covered the European Grids Package and the European Affordable Housing Plan, key files to be advanced during our term’, added the Deputy Minister.
Cyprus EU Council Presidency a national challenge, President says
Cyprus EU Council Presidency at the first half of 2026 constitutes a “national challenge”, President Nikos Christodoulides said on Tuesday, in Paphos, during a meeting with local organisations. President Christodoulides said that the country will host 180 meetings, 33 of which will take place in Paphos district, thus showcasing the beautiful natural environment of the place but also the values and virtues of the people.
Dep. Minister expresses serious concern over expansion of Israel’s military operations
Cyprus Deputy Minister for European Affairs, Marilena Raouna, expressed serious concern over the expansion of military operations by Israel, condemning the violation of Qatar’s territorial integrity, during her intervention on Tuesday before the General Affairs Council of the EU in Brussels. Moreover, according to a press release issued by the Secretariat of the Cyprus Presidency of the Council of the EU 2026 Raouna reiterated Cyprus’s firm position in favor of a ceasefire, the unconditional release of hostages, and large-scale, unhindered humanitarian access to Gaza. Hamas, she added, “is a terrorist organization and should play no role in Gaza’s future.
UN envoy holds meeting with Technical Committee on Youth while in Cyprus
The Personal Envoy of the UN Secretary-General on Cyprus, María Ángela Holguín, met on Tuesday with the Technical Committee on Youth, according to a message posted on X by the UN in Cyprus.
Wednesday 17 September 2025
President welcomes UNSG’s determination on Cyprus talks resumption
President Nikos Christodoulides has welcomed a statement by UN Secretary General Antonio Guterres on his determination for the resumption of Cyprus reunification talks and expressed the hope that this will be achieved. The President was addressing his Ministers in the beginning of a Cabinet meeting on Wednesday morning at the Presidential Palace.
House President, FISC delegation discuss tax reform in Cyprus
Tax reform in Cyprus was the focus of a meeting on Wednesday between President of the House of Representatives, Annita Demetriou, and a delegation of the FISC Subcommittee of the European Parliament, that is visiting Cyprus. The delegation was escorted by Cypriot MEP, Michalis Hadjipantela. Demetriou welcomed the FISC delegation, adding that an important discussion is taking place now in Cyprus.
EU asylum applications drop in 2025, Cyprus 3rd in applications per capita
There has been a significant decrease in asylum applications in the European Union, according to the latest Eurostat data, with Cyprus on the other hand, recording the third-highest rate of applications per capita after Greece and Spain. Specifically, according to the data, Cyprus ranks third in the rate of asylum applications per 100,000 inhabitants with a rate of 24.3, behind Greece (39.4) and Spain (25.8).
Harmonised Index of Consumer Prices remains stable in August compared to last year
The Harmonised Index of Consumer Prices in August 2025 remained stable compared with August 2024 and recorded an increase of 0.8% compared with July 2025, according to the Statistical Service of Cyprus. Compared with August 2024, the largest positive changes were observed in the categories Restaurants and Hotels (5.3%) and Recreation and Culture (4.9%), while the largest decreases were recorded in the categories Clothing and Footwear (-7.5%) and Housing, Water Supply, Electricity and Gas (-4.0%).
Panayiotis Pourgourides appointed new Head of EU Commission Representation in Cyprus
The European Commission announced on Wednesday, following the College of Commissioners in Brussels, the appointment of Panayiotis Pourgourides as the new Head of the European Commission Representation in Nicosia. In his new role, Pourgourides will officially represent the European Commission in Cyprus under the political authority of President Ursula von der Leyen.
ENNHRI report refers to illegal arrest of five G/C, highlighting human rights issue
The recent illegal arrest of five Greek Cypriots who attempted to visit their properties in areas not under the effective control of the Republic of Cyprus has been the focus of an international report, highlighting once again the difficulties Cyprus faces in human rights issues, Maria Stylianou Lottides, Commissioner for the Administration and Protection of Human Rights, said in a written statement. The Report of the European Network of National Human Rights Institutions (ENNHRI) is entitled ‘Scoping paper Clarifying NHRI’a roles, exploring challenges and suggesting directions for NHRIs during the active phase of armed conflict’. It is noted that ENNHRI is a network bringing together 50 National Human Rights Institutions (NHRIs) across Europe, including Turkey.
FISC Subcommittee finds tax reform underway in Cyprus ‘very interesting’
The tax reform that is currently underway in Cyprus is ‘very interesting’, the Chair of the FISC Subcommittee delegation in Cyprus and Vice-Chair of the FISC Subcommittee, Kira Peter-Hansen said after a meeting the delegation had with the Parliamentary Committee on Finance in Nicosia.
Holguin visits cemeteries renovated by the Technical Committee on Cultural Heritage
Personal Envoy of the UN Secretary-General on Cyprus María Angela Holguín visited on Wednesday the Turkish Cypriot cemetery of Tochni and the Greek Cypriot cemetery of the Turkish-occupied village of Palekythro, together with the Co-Chairs of the Technical Committee on Cultural Heritage Ali Tuncay and Sotos Ktoris, the UN in Cyprus said. A UN announcement says that Holguin “was greatly encouraged to hear directly from both co-chairs about the progress achieved on the restoration process of cemeteries, as agreed by the Greek Cypriot and Turkish Cypriot leaders during the March 2025 informal meeting in a broader format, hosted by the UN Secretary-General in Geneva.”
Raouna holds series of meetings in Brussels ahead of Cyprus’ EU Presidency
Deputy Minister for European Affairs Marilena Raouna held a series of meetings in Brussels on September 16-17, in preparation for Cyprus Presidency of the Council of the EU in January 2026. According to a press release issued by the Secretariat of the Cyprus Presidency, the meetings took place during her visit to the Belgian capital for the General Affairs Council (GAC) of the European Union.
President says he will outline solid arguments during tripartite New York meeting
President of the Republic, Nikos Christodoulides, said, on Wednesday evening, that he is going to New York where he will have a meeting with the UN Secretary-General, Antonio Guterres, and the Turkish Cypriot leader, Ersin Tatar, with ‘solid arguments on our side’ and with the conviction that his efforts can bear a positive result as regards the process for the Cyprus issue. Addressing an anti-occupation event organised by the Pancyprian Refugee Association, in Limassol, President Christodoulides said that despite the problems, difficulties, and negative attitude of the Turkish side, efforts are continuing and developments are keeping hope alive.
Thursday 18 September 2025
President travels to Canada to attract investments
As part of a campaign to enhance the international image of the Republic of Cyprus as a reliable and attractive investment destination, the President of the Republic, Nikos Christodoulides, is travelling on Thursday morning to Toronto, Canada, according to a written statement by Government Spokesperson Konstantinos Letymbiotis. Letymbiotis noted that this trip follows the President’s recent visit to the United States to attract quality investments to Cyprus.
Construction materials’ prices up 1.17% year over year in August
The Price Index of Construction Materials for August 2025 reached 119.06 units (base year 2021=100), recording an increase of 1.17%, compared to the same month of the previous year, according to data published on Thursday by the Statistical Service. Compared to July 2025, the index recorded a negligible increase of 0.01%.
Holguín wraps up contacts in Cyprus, will inform the UNSG ahead of tripartite meeting
The UN Secretary-General’s Personal Envoy, Maria Angela Holguín, has competed her round of meetings in Cyprus and leaves the island on Thursday. As she has stated, during her one-week visit to the island, she will inform the UN Secretary-General, Antonio Guterres, about her meetings ahead of his meeting with the two leaders, namely President Christodoulides and Turkish Cypriot leader Ersin Tatar, in New York at the end of this month.
Cyprus: Eurostat reports zero inflation in August
Cyprus was the only EU country with zero annual inflation (0.0%) in August 2025, according to official data released by Eurostat. The country stood out during a period when the eurozone average inflation rate was 2.0%, and the EU average was 2.4%.
EU must continue to lead green transition, Cypriot Minister says
The EU has led the role of the green transition internationally, and we believe this must continue and be maintained, sending a clear message internationally that it retains this leadership role, Minister of Agriculture, Rural Development and Environment, Maria Panayiotou said on Thursday. In statements made in Brussels, on the sidelines of the EU-27 Council, Panayiotou said that the Environment Council is particularly significant, as it “essentially sets the steps for the European Union to achieve the crucial 2040 climate target.”
Friday 19 September 2025
Cyprus FM in New York for contacts during UN General Assembly ?igh-Level week
Foreign Minister Constantinos Kombos is traveling to New York on Friday, to accompany President Nikos Christodoulides in his contacts during the High-Level Week of the 80th Session of the United Nations General Assembly. A press release by the Foreign Ministry says that Kombos will participate in a series of multilateral meetings, including the Informal Meeting of Foreign Ministers of the European Union, the Informal Meeting of Foreign Ministers of the EU and CELAC (Community of Latin American and Caribbean States), as well as the Meeting of Foreign Ministers of the Commonwealth.
CMP in search of remains of missing Greek Cypriot in lake of Galateia village
The village of Galateia is located in the district of occupied Famagusta, in the region of Karpasia, near Leonarisso and Eptakomi. Before 1974 it was an entirely Turkish Cypriot village and based on the 1973 census, it had 1,184 inhabitants.
AI and hybrid work redefine banking in Europe, European Banking Federation official tells CNA
Artificial intelligence and hybrid work are transforming Europe’s banking sector, reshaping employee roles, work models, and required skills, said Jens Thau, Chairman of the Banking Committee for European Social Affairs (BCESA) of the European Banking Federation (EBF). In an interview with CNA ahead of the Committee’s meeting in Limassol on Friday, Thau explained that while automation will take over routine and repetitive tasks, new opportunities are emerging in advisory, analytical, and client-facing roles.
Cyprus an efficient gateway to Europe, Research Minister tells Indian businesses
Cyprus offers a unique proposition for innovation, investment and growth, Deputy Minister of Research, Innovation and Digital Policy, Nicodemos Damianou said, addressing a session on India-Cyprus relations and investment opportunities, during the ICC Global Business Summit in Mumbai, India, on Thursday, showcasing Cyprus’ strengths as a “reliable and forward-looking business partner, and an efficient gateway for Indian businesses into Europe and the wider region”.
Loan demand for enterprises and households up in Q2 2025, CBC says
Net demand for loans in the second quarter of 2025 was up both from enterprises and households, according to the Bank Lending Survey (BLS) of the Central Bank of Cyprus. At the same time, according to banks’ expectations for the third quarter of 2025, a further increase in net demand is expected for housing loans, consumer credit and other loans from households.
Defence Ministry hosts 1st Meeting on Circular Economy and Sustainability
The Ministry of Defence hosted the 1st Meeting on Circular Economy and Sustainability in the Defence Sector through the Implementation of the Eco-Management and Audit Scheme (EMAS), titled CEDSEMAS, from 15 to 19 September. The meeting is part of the funding of the CEDS-EMAS project (‘Circular Economy and Defence Sector Sustainability through Eco Management and Audit Scheme implementation’) by the European Defence Agency (EDA), among 18 submitted proposals.
ECHR Judges’ Election Committee recommends Margarita Papantoniou for Cyprus
The Committee on the Election of Judges to the European Court of Human Rights (ECHR) has recommended, by majority, Margarita Papantoniou as the most suitable candidate to serve as judge of the Court on behalf of the Republic of Cyprus. The next PACE Session, during which the election of the Cypriot judge is expected to take place, will be held on September 29-30.
Cyprus is one of the largest top quality sovereign flag states, Deputy Minister says
Cyprus is not only one of the top global hubs for ship owning and shipmanagement services but is also one of the largest top quality sovereign flag states, Deputy Minister of Shipping, Marina Hadjimanolis has said. The Deputy Minister, who was in London where she participated in the International Shipping Week 2025, at the invitation of her British counterpart, also hosted a reception at the High Commission of the Republic of Cyprus in London and a press conference, presenting the comparative advantages and development prospects of the Cyprus shipping complex.
Cyprus approves pound 10 m. scheme to support participation in EU Defence Fund Projects
Cyprus’ Commissioner for State Aid Control, Stella Michailidou, has approved a pound 10 million scheme to co-finance the participation of Cypriot entities in Research and Development projects under the European Defence Fund (EDF). The scheme will run until June 2027. According to a press release, the Commissioner issued on 12 September 2025 her decision regarding the measure titled ‘Co-financing Scheme for the Participation of Cypriot Entities in Research and Development Projects of the European Defence Fund (EDF).’
President meets with Fairfax founder in Canada, presents Cyprus’ comparative advantages [VIDEO]
President of the Republic, Nikos Christodoulides, held a meeting on Friday with founder, Chairman, and CEO of Fairfax, Prem Watsa, in Toronto, Canada. He participated in a Round Table Discussion with leading Canadian businessmen and investors, during which he presented the comparative advantages of Cyprus and the Cypriot economy as a quality investments destination.
CI Ratings says Cyprus’ outlook remains stable
Capital Intelligence Ratings (CI Ratings or CI) announced on Friday evening that it has affirmed the Long-Term Foreign Currency Rating (LT FCR) of the Republic of Cyprus at ‘BBB+’. At the same time, CI Ratings has affirmed the sovereign’s Short-Term FCR (ST FCR) at ‘A2′.
Morningstar DBRS upgrades Cyprus to “A”, trend changed to stable
DBRS Ratings GmbH (Morningstar DBRS) upgraded late on Friday the Republic of Cyprus’ (Cyprus) Long-Term Foreign and Local Currency – Issuer Ratings from A (low) to “A” and changed the trend from Positive to Stable. At the same time, it confirmed Cyprus’ Short-Term Foreign and Local Currency – Issuer Ratings at R-1 (low).
Saturday 20 September 2025
Cyprus research and innovation ecosystem “more mature”, RIF Director General tells CNA
Cyprus has been included in the ‘innovation leader’ category of the latest rating of the Global Innovation Index, Theodoros Loukaidis, Director General of the Research and Innovation Foundation (RIF), has told CNA, noting that the country has a more solid and mature research and innovation ecosystem. In an interview with the Cyprus News Agency, on Saturday, Loukaidis said that such developments could contribute in the efforts to repatriate talent in Cyprus, which is a goal announced by President Nikos Christodoulides, who recently launched the ‘Minds in Cyprus’ scheme.
President highlights Cyprus’ advantages during Toronto visit, Spokesperson says
President Christodoulides highlighted the comparative advantages of the economy of Cyprus during his contacts in Toronto, namely the country’s strategic geographical location, stable tax and investment framework, economy’s resilience, easy access to highly skilled workforce and dynamic growth prospects in cutting-edge sectors, Government’s Spokersperson Konstantinos Letymbiotis said. The President wrapped up his visit to Toronto, as part of the strategic campaign to strengthen Cyprus’ international picture as a reliable and attractive investment destination.
Research Minister visits India NSE, highlights Cyprus role
Deputy Minister of Research, Innovation and Digital Policy, Dr Nicodemos Damianou held a meeting in Mumbai with CEO of the Stock Exchange of India (NSE), Ashishkumar Chauhan, highlighting the role of Cyprus as a gateway to Europe for Indian businesses. According to a press release by the Deputy Ministry, the visit is part of a dynamic period of deepening of bilateral Cyprus-India business and investment relations, which is already yielding tangible results, since Indian companies, mainly in the technology sector, are already operating in Cyprus.
Cyprus expresses solidarity with Estonia over airspace violation by Russia
The Cyprus Ministry of Foreign Affairs has expressed its solidarity with Estonia over the violation of the country’s airspace by Russia. The Ministry said in a post on X that “Cyprus stands in full solidarity with our Estonian partners, following the violation of airspace by the latest Russian incursion.” “This is a flagrant provocation that constitutes another deplorable breach of international law,” the post concluded.
High Seas Treaty a milestone for oceans, Commissioner Kadis says
With its ratification by 60 countries worldwide, the Biodiversity Beyond National Jurisdiction (BBNJ) Agreement-also known as the “High Seas Treaty”-will officially enter into force in early 2026, marking a historic moment for ocean conservation. Costas Kadis, European Commissioner for Fisheries and Oceans, described the treaty’s entry into force as “a historic milestone for ocean governance.” “The entry into force of the Biodiversity Beyond National Jurisdiction Agreement marks a historic step for our planet,” said Ursula Von der Leyen, President of the European Commission, adding that “this milestone shows the power of multilateralism as we head to New York for the UN General Assembly.”
Cyprus-Kenya sign MoU on agriculture
Cyprus and Kenya have signed a Memorandum of Understanding on agriculture. In particular, Cyprus FM Constantinos Kombos met on Saturday with Kenya’s Prime Cabinet Secretary and Cabinet Secretary for Foreign and Diaspora Affairs Musalia W Mudavadi, on the sidelines of the works of the UN General Assembly in New York City. Kombos posted on his X that this was their second meeting in less than three months, following his visit to Nairobi.
Sunday 21 September 2025
Solving the Cyprus problem remains our number one priority, President says
We will continue the struggle for the liberation and reunification of Cyprus, as solving the Cyprus issue is our number one priority, but we will not allow our country and our future to be seen merely as a problem, President of the Republic, Nikos Christodoulides said on Sunday. He was addressing an annual memorial and tribute event for diaspora member Nikos Mouyiaris, organized by the Elytis Chair of Modern Greek Studies at Rutgers University in New Jersey. Referring to the Cyprus problem, the President underlined the strong and ongoing efforts for the reunification of the island through a viable and lasting solution, as well as the diaspora’s struggles toward achieving this goal.
Monday 22 September 2025
Kadis calls for stability for fisheries sector on post-Brexit discussions
The upcoming negotiations with the United Kingdom, Norway, and coastal states over shared fish stocks, a perennial point of contention since Brexit are at the top of Monday’s Agri-Fish agenda according to Costas Kadis, the EU’s Commissioner for Environment, Oceans, and Fisheries. ‘The European Union is seeking arrangements that will provide stability for our fisheries sector and will contribute towards protecting especially vulnerable stocks.
Cyprus-France cooperation highlighted in House President’s meeting with French Senate Group
The close ties of friendship and the excellent level of cooperation between Cyprus and France were highlighted during the meeting between the President of the House of Representatives, Annita Demetriou, and a delegation from the France-Cyprus Friendship Group in the French Senate, which is visiting Cyprus at the invitation of the House of Representatives. According to a House statement, the delegation is led by the President of the France-Cyprus Friendship Group, Samantha Cazebonne, and includes the Vice-President of the Group, Didier Marie, and Member Valerie Boyer.
EU Commission urges full implementation of NIS 2 Directive amid cyberattack
The European Commission has requested that all member states implement the Directive on a high common level of cybersecurity across the Union (NIS 2), so that the entire EU-27 is protected from cyberattacks similar to those that occurred last weekend at European airports. Cyprus is just a few months into full implementation, following non-compliance procedures, the Commission confirmed to CNA, noting, however, that until all 27 incorporate the NIS 2 Directive, everyone remains vulnerable.
President Christodoulides discusses with Jordan’s King strategic partnership ahead of Cyprus EU Presidency, Spokesman says
Instability in the Middle East, the prospects of the Southern Neighborhood, and the importance of EU-Jordan cooperation, in combination with the upcoming Cypriot Presidency of the Council of the EU, as well as developments on the Cyprus Issue, were the centre of Monday’s meeting between the President of the Republic, Nikos Christodoulides, and King Abdullah II of Jordan, on the sidelines of the 80th UN General Assembly in New York.
Agriculture Minister raises the need to strengthen the CAP and fisheries in Brussels
Cyprus’ Minister of Agriculture, Rural Development and Environment, Dr. Maria Panayiotou, called for strengthened support for both the Common Agricultural Policy (CAP) and Common Fisheries Policy (CFP) during her public interventions at the Agriculture and Fisheries Council in Brussels on September 22, 2025. Emphasizing the need for realism, increased funding, and flexibility, Panayiotou underscored that the future of farmers and fishers must be safeguarded amid escalating challenges.
President-Amazon executive discuss cooperation over Cyprus’ digital transformation, says Letymbiotis
Cyprus President Nikos Christodoulides and David Zapolsky, Senior Vice President, Chief Global Affairs and Legal Officer of Amazon discussed on Monday ways to increase opportunities for cooperation on the digital transformation of Cyprus, during a meeting in New York, according to a written statement by the Government Spokesperson. The Spokesperson noted that the meeting follows productive contacts that had previously taken place with Panos Panay, Senior Vice President of Devices and Services, last April in San Francisco, as well as with Amazon AWS and Amazon Kuiper, with the latter scheduled to visit Cyprus in the coming weeks.
‘Better Together’ notes Cyprus’ FM on the occasion of the UN’s 80th anniversary
Cyprus’ Foreign Minister Constantinos Kombos participated on Monday, in the High-Level Session of the UN General Assembly, in New York, marking the 80th anniversary of the Organization’s establishment. In a post on X, he noted his participation at the ‘solemn commemorative event” for the 80th anniversary of the United Nations’ establishment. “A Time to reflect on achievements of the past and the way ahead that will form a more inclusive and effective multilateral system. ‘Better together’ for a better future for the generations to come’ he added.
Kadis tells member states fisheries funding gap can close using existing tools
Cypriot European Commissioner for Fisheries and Oceans, Costas Kadis addressed on Monday mounting concerns over funding gaps in the EU’s fisheries sector, during the press conference on Monday night, at the end of the first day for the ministerial Council on Fisheries and Agriculture in Brussels. Kadis stressed that what the Multiannual Financial Framework (MFF) sets is a baseline, and therefore member states hold the key to unlocking additional resources through strategic investments and broader EU funding streams.
President took part in UN Palestine Conference aiming to advance two-state solution, Spokesperson says
President Nikos Christodoulides, participated in the High-Level International Conference on the Peaceful Settlement of the Question of Palestine and the Implementation of the Two-State Solution, co-organised by France and Saudi Arabia at the 80th Session of the UN General Assembly, on Monday, Government Spokesperson Konstantinos Letymbiotis said in a written statement. Letymbiotis noted that the Conference aims to implement UN resolutions relating to the Palestinian issue and to advance the two-state solution, with the objective of achieving a comprehensive, just, and sustainable peace in the Middle East.
Chevron presence in Cyprus EEZ a “strong vote of confidence”, President says
The presence of Chevron in the Exclusive Economic Zone of the Republic of Cyprus constitutes a strong vote of confidence in the energy prospects of our country, as well as of the region, President Nikos Christodoulides told senior Chevron executive, President of the company’s BAEC division, Javier La Rosa. According to a Cyprus Presidency readout, the President was speaking at the beginning of a meeting he had in New York, on Monday, with La Rosa.
Tuesday 23 September 2025
EIF and Eurobank sign first InvestEU Guarantee agreement of pound 62.5 mln on SMEs
The European Investment Fund (EIF) and Eurobank have signed Cyprus’ first InvestEU Guarantee agreement on Tuesday, unlocking pound 62.5 million in new financing for small and medium-sized enterprises (SMEs) and start-ups. This landmark deal, backed by the EU’s InvestEU programme, aims to simplify access to credit and drive economic growth in Cyprus by reducing collateral requirements, extending repayment periods, and opening doors for start-ups.
Cyprus and India reaffirm strengthening of cooperation on board «Trikand» frigate
Cyprus and India have reaffirmed their long-standing ties and the further strengthening of their cooperation on defence and security issues during an event on board the Indian Naval Ship (INS) ‘Trikand’, that has docked in Limassol. Minister of Transport, Communications and Works Alexis Vafeades, who was representing the President of the Republic, welcomed the crew to the port of Limassol, and said that this is the “continuation on the momentum that began last June” with the visit of the Indian Prime Minister to Cyprus.
Members of US Congress call for caution about Turkey’s potential reentry into F-35 program
The United States must be very careful when engaging in negotiations particularly as it relates to discussions surrounding Turkey’s potential reentry into the F-35 Joint Strike Fighter program, members of the US House of Representatives stress. In a press release, US bipartisan leadership of the Congressional Caucus on Hellenic Issues (Representatives Gus Bilirakis (R-FL), Chris Pappas (D-NH), Nicole Malliotakis (R-NY), and Dina Titus (D-NV)) stress that ‘the United States must be very careful when engaging in negotiations particularly as it relates to discussions surrounding Turkey’s potential reentry into the F-35 Joint Strike Fighter program.
Cyprus Central Bank projects 3.3% growth for 2025
The Central Bank of Cyprus (CBC) projects steady growth for the Cypriot economy in 2025, with GDP expected to expand by 3.3%, unemployment to ease to 4.6% and inflation to drop to 1%, according to its September 2025 macroeconomic forecasts. Compared with its June 2025 projections, the CBC revised growth slightly upward by 0.2 percentage points for 2025, mainly due to a stronger-than-expected tourism performance.
House President expresses appreciation for Ireland’s stance on Cyprus issue
The President of the House of Representatives, Annita Demetriou, expressed on Tuesday her sincere appreciation for Ireland’s steadfast support to efforts aiming to resolve the Cyprus problem, based on the international law principles and the relevant UN Security Council resolutions, as well as for Ireland’s long-standing contribution to the UN peacekeeping force in Cyprus (UNFICYP), during a meeting with the new Irish Ambassador to Cyprus, Sarah Hamilton. According to a House press release, Demetriou reaffirmed the Greek Cypriot side’s commitment to the goal of resuming negotiations to resolve the Cyprus issue as soon as possible and expressed her hope that the upcoming trilateral meeting in New York – of the UN Secretary General with the President of Cyprus and the Turkish Cypriot leader – on the sidelines of the UN General UN General Assembly, will bear fruit.
Limassol fire: ETEK estimates total restoration cost at pound 40 m. for 650 cases
The average cost of restoring buildings that were completely destroyed by the fire in July in the mountainous area of Limassol is pound 115,000, based on damage estimates by the Cyprus Scientific and Technical Chamber (ETEK), while the total estimated cost of restoring all the cases examined is pound 40 million, of which approximately 90% relates to the cost of restoring buildings and structures that were completely destroyed. ETEK announced on Tuesday that on September 18, it completed the work it undertook to estimate the cost of the damage to buildings and other constructions affected by the fire on July 23 in the mountainous area of Limassol and that it prepared and delivered an estimate for 650 cases. As stated, ETEK received a total of approximately 760 requests from the Ministry of Interior concerning damage to buildings and constructions.
The Vasilikos LNG terminal project ‘is feasible, will be completed” Minister tells MPs
The natural gas liquefaction terminal project in Vasilikos ‘is feasible, should be completed and will be completed,’ Cyprus’ Minister of Energy, Commerce and Industry, George Papanastasiou, said on Tuesday during a discussion on the issue at the House Energy Committee. At the same time, the Minister said that the Natural Gas Infrastructure Company’s (ETYFA) consultant for the project ‘strongly recommends that it is impossible and operationally dangerous to call for tenders at this time.’ ‘There are not many options at this time, because this project is incomplete,’ Papanastasiou said, replying to MPs’ questions and criticism over the delays.
Low housing cost burden for young people in Cyprus, Eurostat reports
Cyprus stands out as one of the countries where young people stay in the parental home longer, leaving at one of the highest ages at 27,2 years old, according to data released by Eurostat on Tuesday. However, a particularly low housing cost burden is also recorded for Cyprus: only 2.8% of young people aged 15-29 live in households spending more than 40% of their income on housing.
Agriculture Minister says primary sector needs to become attractive to young people through incentives
The government’s determination to support farmers, ensuring that promises are turned into actions, was reiterated on Tuesday by the Minister of Agriculture, Rural Development and Environment, Dr. Maria Panayiotou, in her statements during the second day of the EU Agriculture and Fisheries Council in Brussels. “We are here to support our farmers-both men and women.
President Christodoulides briefs Mitsotakis on Cyprus issue, Athens-Nicosia “fully committed” to GSI
The excellent bilateral relations between Nicosia and Athens were reaffirmed during a meeting on Tuesday at the United Nations headquarters in New York, between the President of the Republic of Cyprus, Nikos Christodoulides, and the Prime Minister of Greece, Kyriakos Mitsotakis, in the context of the 80th Session of the UN General Assembly. According to a joint statement by the two leaders, President Christodoulides briefed the Greek Prime Minister on the priorities of the Cyprus Presidency of the Council of the European Union and discussed the issues that will be raised at the upcoming Cyprus-Greece Intergovernmental Summit to be held in November in Greece.
Parliamentary friendship groups discuss Cyprus-France bilateral relations
France is a friend of Cyprus and a strategic partner, and its long-standing support on issues of vital importance, including the Cyprus issue, is based on shared principles and values, particularly its unconditional respect for international law, said Haris Georgiades, Chairman of the Foreign Affairs Committee and the Cyprus-France Friendship Group in the House of Representatives, at a meeting with a delegation from the France-Cyprus Friendship Group in the French Senate, which is visiting Nicosia.
Cyprus President and Egyptian PM discuss regional stability and bilateral relations
Cyprus President Nikos Christodoulides and the Prime Minister of Egypt, Moustafa Kamal Madbouly discussed about issues relating to strategic cooperation, regional stability, and the strengthening of Cyprus-Egypt bilateral relations during a meeting on Tuesday, on the sidelines of the UN General Assembly in New York. Government Spokesperson Konstantinos Letymbiotis said in a written statement that during the meeting “discussions focused on bilateral relations, with particular emphasis on the importance that the Republic of Cyprus attaches to regional cooperation with leaders of the wider region, also in view of the upcoming Cyprus Presidency of the Council of the European Union.”
President Christodoulides tells Lebanon’s Aoun he is satisfied over cooperation on migration
The cooperation between Nicosia and Beirut in addressing irregular migration, as well as EU-Lebanon relations ahead of Cyprus’ EU Presidency term, were among the issues discussed at a meeting, on the sidelines of the UN General Assembly, in New York, between the President of Cyprus Nikos Christodoulides and the President of Lebanon, General Joseph Aoun. Spokesperson Konstantinos Letymbiotis said in a written statement that “during the meeting with the Lebanese President, the President of the Republic discussed at length the latest developments in Lebanon and the wider region.”
Cyprus among issues Guterres discussed with Erdogan
The Cyprus problem was among the issues discussed on Tuesday between UN Secretary-General Antonio Guterres and Turkish President Recep Tayyip Erdogan in New York, the office of the head of the international organisation said. The Secretary-General and Turkey’s President ‘exchanged views on Cyprus, the situation in the Middle East, Libya and Ukraine’, it said in an announcement.
FM attends trilateral meeting with Greece and Egypt, continues meetings in New York
Foreign Minister, Constantinos Kombos, participated on Tuesday, in New York, in a trilateral meeting with Greek Foreign Minister George Gerapetritis and Egyptian Foreign Minister Badr Abdelatty. The three ministers reviewed Cyprus-Greece-Egypt cooperation in the fields of security, energy, and shipping, and exchanged views on regional developments.
Minister Panayiotou participates in EU Council, highlighting the need to support farmers
Cyprus Minister of Agriculture, Rural Development and Environment, Maria Panayiotou, participated in the EU Agriculture and Fisheries Council, which took place on the 22nd and 23rd in Brussels, stressing, inter alia, the goal of ensuring the farmers substantial financing, fair income and an adequate regulatory framework to continue the uninterrupted production of safe and quality food. The EU Ministers discussed the Common Agricultural Policy (CAP) and the Common Fisheries Policy, within the framework of the next Multiannual Financial Framework 2028-2034, as well as trade-related agricultural issues.
FM discusses Cyprus Presidency and regional developments during New York contacts
The Cyprus Presidency of the Council of the European Union (EU) and regional developments were at the centre of the contacts of the Minister of Foreign Affairs, Constantinos Kombos, who is in New York for the High-Level Week of the 80th General Assembly of the United Nations (UN). Kombos accompanied on Tuesday the President of the Republic, Nikos Christodoulides, to the Opening Session of the 80th General Assembly.
Wednesday 24 September 2025
President urges Erdogan to join a path of responsibility to reunify Cyprus
President of the Republic Nikos Christodoulides has called upon the President of Turkey to join a path of responsibility, end the occupation of Cyprus through negotiations for a comprehensive settlement that will reunify Cyprus in a bizonal bicommunal federation with political equality. Addressing the 80th Session of the UN General Assembly in New York, the President said that from this very podium yesterday, Turkish President Tayyip Erdogan “preached the world on peace and accountability.
Board of British Cypriots urges new UN official to use his ‘good offices’ during his term in Cyprus
A letter of congratulations was sent to the new Special Representative and Head of the United Nations Peacekeeping Force in Cyprus (UNFICYP), Khassim Diagne, by the Board of British Cypriots, urging him to use his ‘good offices’ on the occasion of his assumption of duties. In its letter, the Board highlights the importance of UNFICYP’s presence, particularly in facilitating access to essential services for Greek Cypriots and Maronites who continue to reside in “areas controlled by the Turkish army”, as it notes. At the same time, it expresses gratitude for the Force’s humanitarian actions and calls for their continuation.
Applications for impairment results of NSF Replenishment Scheme extended to October 31
Natural persons who submitted an application through the electronic service “Participation in the Replenishment Scheme of National Solidarity Fund” during the period from 20/12/2023 to 25/5/2024, and who have not yet proceeded with the confirmation/verification of their application details, are able to do so up to October 31st, after an extension was given by the Ministry of Finance.
G/c and T/c parties urge UNSG to seek ways for Cyprus talks resumption
Leaders and representatives of Greek Cypriot and Turkish Cypriot political parties have “warmly welcomed” the UN Secretary General’s commitment to the Cyprus process and “called him to seek ways to commence negotiations on the substance of the Cyprus problem”, according to a Joint Communique issued after the meeting of leaders and representatives of Greek Cypriot and Turkish Cypriot political parties participating in the bicommunal dialogue under the auspices of the Embassy of the Slovak Republic at the Ledra Palace Hotel.
Cyprus NPL ratio falls to 5.6% at the end of June
The quality of Cypriot banks’ loan portfolios continued to improve, with the Non-Performing Loans (NPL) ratio declining to 5.6% at the end of June 2025, from 6.1% recorded at the end of March. According to updated figures published on Wednesday by the Central Bank of Cyprus (CBC), total non-performing loans decreased to pound 1.46 billion from pound 1.53 billion three months earlier, while the banking system’s total loans amounted to pound 25.84 billion.
Cyprus banking sector profitability declines in H1 2025
The Central Bank of Cyprus (CBC) published on Wednesday updated aggregate data on the profitability, balance sheet and capital adequacy of the domestic banking sector, with reference date June 30, 2025. According to the figures, the sector’s profitability declined in the first half of 2025, with net profits falling by pound 25 million to pound 578 million, compared with pound 603 million in June 2024.
FM continues bilateral meetings in New York
Foreign Minister of Cyprus Constantinos Kombos continues his bilateral contacts on the sidelines of the High-Level Week of the 80th United Nations General Assembly, in New York. A press release by the Ministry says that on Wednesday September 24, 2025, Kombos held a series of bilateral meetings. During the meeting with Minister of Foreign Affairs of India, Dr. Subrahmanyam Jaishankar, he exchanged views on the next steps of the Cyprus-India strategic partnership, the priorities of the Cyprus Presidency of the Council of the European Union as well as international issues.
Thursday 25 September 2025
Cyprus EU Presidency important for promoting skills says Commissioner Minzatu
The important role that the Cyprus Presidency of the Council of the EU can play in promoting education and skills in Europe was highlighted by Roxana Minzatu, Executive Vice-President of the European Commission and Commissioner for Social Rights and Skills, Quality Jobs and Preparedness, after a meeting, on Thursday morning, with the Minister of Education, Sport and Youth, Athena Michaelidou, in Nicosia. In statements after the meeting, the Minister said that they discussed the upcoming Cyprus Presidency of the Council of the EU. ‘We exchanged views on the holistic approach to skills and competences that we are promoting in education, giving priority to teachers and students,’ she noted.
Cypriots particularly interested in food safety, Eurobarometer shows
Cypriots appear particularly interested to issues concerning food safety, according to the results of the Special Eurobarometer survey, carried out in Spring 2025 by the European Food Safety Authority (EFSA) across all EU Member States between March and April 2025. As stated in a press release by the State General Laboratory, according to the survey’s findings, 95% of Cypriots report that they are personally interested in the topic of food safety, far exceeding the EU average of 72%.
Deposits show net increase of pound 44.3 mln in August, loans drop pound 60.8 mln
Deposits showed a net increase of pound 44.3 million in August, according to the MFIs deposits and loans statistics released on Thursday by the Central Bank of Cyprus, which are included in the September 2025 edition of Monetary and Financial Statistics. In the same month, loans recorded a net decrease of pound 60.8 million. According to CBC, total deposits in August 2025 recorded a net increase of pound 44.3 million, compared with a net decrease of pound 154.5 million in July 2025.
EU Commissioner for Financial Services Albuquerque visits Cyprus
European Commissioner for Financial Services and the Savings and Investments Union, Maria Luís Albuquerque, is in Cyprus for high-level talks on the Savings and Investments Union and financial integration. The Commissioner is visiting Cyprus from today, 25 September until Friday, 26 September 2025.
EIB has no intention to revoke loan for Vasilikos, its Vice President says
The European Investment Bank (EIB) has no intention at present to request a revocation or termination of the loan granted to the Natural Gas Infrastructure Company (ETYFA) for the Vassiliko project, EIB Vice President Kyriakos Kakouris said on Thursday. Kakouris was responding to a journalist’s question, on the sidelines of a signing ceremony of loan agreements with the EIB at the Ministry of Finance in Nicosia. He was asked about information that the European Climate, Infrastructure and Environment Executive Agency (CINEA) is requesting the return of 67 million euros from the funds provided for the implementation of the Vassilikos natural gas terminal project, on the grounds of the irregular award of the tender.
EIB, FinMin and CING sign agreements for additional pound 55 mln funding for Cyprus
The European Investment Bank (EIB), the Ministry of Finance and the Cyprus Institute of Neurology and Genetics (CING) signed two new financing agreements on Thursday, for pound 55 million additional funding for projects associated with healthcare, research, education, and sustainable development. Minister of Finance, Makis Keravnos, noted that the government has built a relationship with the EIB based on common values and mutual trust and added that through the long-term support of the EIB, Cyprus has been able to develop essential projects that create the foundations for a more resilient and sustainable future.
President expresses appreciation for China’s principled positions on Cyprus issue
President of Cyprus Nikos Christodoulides said on Thursday that Cyprus’ strategic relationship with China has matured over the years and expressed his appreciation for China’s consistent support and principled positions on the Cyprus issue. According to a written statement by Government Spokesman Konstantinos Letymbiotis, the President met on Thursday in New York with Prime Minister, Head of the State Council of the People’s Republic of China, Li Qiang.
EC official briefed on priorities of Social Welfare DepMin in upcoming Cypriot Presidency
Deputy Minister of Social Welfare Marilena Evangelou met on Thursday with the Executive Vice-President of the European Commission, responsible for Social Rights and Skills, Quality Jobs and Preparedness Roxana Mînzatu, whom she informed, among other things, about the actions and priorities during the EU Cyprus Presidency. A press release by the Deputy Ministry says that views were exchanged on issues related to the strengthening of services and benefits, long-term care and active ageing, the well-being of children, the integration of people with disabilities and actions to tackle social exclusion.
Cyprus at the Inaugural Special Olympics European Union Day in Brussels
Special Olympics Cyprus was present at the historic first ever Special Olympics European Union (SO EU) Day, a landmark two-day event (24-25 September 2025) that was hosted at the European Parliament and European Commission in Brussels. The event aimed to place inclusion at the heart of European policy, bringing together policymakers, athletes, and advocates to champion the rights of people with intellectual disabilities.
President says next meeting in broader format on Cyprus to possibly take place in November
President of the Republic of Cyprus Nikos Christodoulides, who had a meeting on Thursday in New York with UN Secretary General Antonio Guterres, said that the next meeting in broader format on the Cyprus issue will take place in Autumn and possibly in November. The meeting between the President and the UNSG took place at the UN headquarters in New York on the sidelines of the 80th UN General Assembly.
UNSG – Cyprus President discussed Cyprus issue and Middle East, UN says
UN Secretary General Antonio Guterres and Cyprus President Nikos Christodoulides discussed ongoing efforts related to the Cyprus issue, as well as the situation in the Middle East, the UN said. In a readout the United Nations said that “the Secretary-General met with H.E. Mr Nikos Christodoulides, President of the Republic of Cyprus.” “They discussed ongoing efforts related to the Cyprus issue, as well as the situation in the Middle East,” the readout adds.
UN Security Council P5 role essential in promoting Cyprus solution, President says
The role of the five permanent members of the UN Security Council is essential in promoting a Cyprus solution in line with the UNSC resolutions, President Nikos Christodoulides told the permanent representatives of the five countries, namely the United States, Russia, China, France and the United Kingdom, during a working lunch, in New York, on Thursday. In a post on social media President Christodoulides said that it was a “fruitful working lunch with the five Permanent Members of the UN Security Council.” I informed them “about my commitment and ongoing efforts for a comprehensive settlement of the Cyprus issue,” he added.
ExxonMobil tells President 8-9 tcf of natural gas estimated at ‘Pegasus’ and ‘Glaucus’ fields
The natural gas quantity at the ‘Pegasus’ and ‘Glaucus’ blocks in Cyprus’s EEZ may amount to 8-9 trillion cubic feet, as ExxonMobil informed the President of the Republic, Nikos Christodoulides, no Thursday in New York Government Spokesperson Konstantinos Letymbiotis has said. President of the Republic, Nikos Christodoulides, met with a delegation from ExxonMobil headed by Vice President John Ardill, who conveyed positive news regarding the company’s activities in Cyprus’s Exclusive Economic Zone (EEZ), a press release issued by the Cyprus Presidency said.
Friday 26 September 2025
House President, Mînzatu discuss labour mobility
Labour mobility and the proposed modification of the labour legislation of the European Union (EU) was discussed by House of Representatives President, Annita Demetriou, and Executive Vice-President of the European Commission, responsible for Social Affairs and Skills, Quality Jobs and Preparedness, Roxana Mînzatu, during a meeting on Friday at the House of Representatives, in Nicosia. Demetriou welcomed Minzatu in her office and noted that she holds “a very sensitive portfolio, which is really important, especially with all the challenges we must confront.”
Petroleum sales drop slightly in August yoy, significant decrease on monthly basis
Total sales of petroleum products in August recorded a slight annual decrease of 1% but compared to July they dropped by almost 15%. According to the Statistical Service of Cyprus, in August 2025, the total sales of petroleum products amounted to 123.378 tonnes, recording a decrease of 1.0% compared to August 2024.
Cyprus to approach SIU discussions based on EU competitiveness priorities, says Keravnos
Cyprus will act with complete impartiality and that will approach discussions and negotiations on the Savings and Investment Union (SIU) with a clear understanding of the long-term and evolving priorities of the EU, said Minister of Finance, Makis Keravnos, following his meeting on Friday with the European Commissioner for Financial Services and the Savings and Investments Union, Maria-Louis Albuquerque, in Nicosia. In his statements after the meeting, Keravnos said that Commissioner Albuquerque visits Cyprus at a very interesting time, just days after the landmark speech on the Savings and Investments Union at the last Eurogroup held in Copenhagen. He added that her visit also takes place three months before the Republic of Cyprus takes over the presidency of the Council of the European Union.
House President highlights need to upgrade technical vocational education in a meeting with Commissioner Mînzatu
The need to upgrade technical vocational education in Cyprus was highlighted by the President of the House of Representatives, Annita Demetriou, during a meeting on Friday with the Executive Vice-President of the European Commission, responsible for Social Rights, Skills, Quality Jobs and Preparedness, Roxana Mînzatu, who is paying an official visit to Cyprus. The House of Representatives said in a press release that ‘welcoming Mînzatu, the President of the House congratulated her on the effective management of her horizontal portfolio which, as she noted, touches on important areas for the future of the European Union (EU), such as skills, education and the need to create quality jobs.’
State budget implementation declined in first 8 months of 2025, Treasury says
The implementation of the state budget in terms of both revenues and expenditures for the period between January 1 and August 31, 2025, appears to have declined compared to the corresponding period last year, recording a percentage of 54% and 46% respectively, the Treasury of the Republic of Cyprus said Friday in a statement. According to the data provided by the Treasury, the state budget, which is prepared on a cash basis, shows for the year 2025 an increase in revenues of 4% (2025: pound 11.75 billion, 2024: pound 11.28 billion) and a decrease in expenditures of 5% (2025: pound 12.95 billion, 2024: pound 13.60 billion).
The project of Vassiliko LNG terminal will carry on, FinMin says
The construction of Vassiliko liquefied natural gas (LNG) terminal project will proceed in the right way and at the right pace with the aim to soon have a result as regards the provision of natural gas, Finance Minister Makis Keravnos said on Friday. This will enable us to make Cyprus economy more competitive and address the high price of electricity, he noted while assuring that the Government will renew the scheme through which it supports households with the high electricity cost.
CBC’s assets at pound 29.9 billion at the end of August
The assets of the Central Bank of Cyprus amounted to pound 29.9 billion on 31 August 2025, according to the Balance Sheet published on Friday. On the assets side, intra-Eurosystem claims stood at pound 19.68 billion, while securities of euro area residents denominated in euro amounted to pound 7.17 billion. Gold and gold receivables reached pound 1.25 billion, and claims on non-euro area residents denominated in foreign currency totaled pound 1.09 billion.
Economic sentiment further deteriorates in September ESI-CypERC shows
In September 2025, economic sentiment in Cyprus deteriorated further, as the Economic Sentiment Indicator of the Economic Research Center of the University of Cyprus (ESI-CypERC) declined by 1.6 points in relation to August. According to CypERC, this decline was driven by weakening business confidence in the services and construction sectors.
Child poverty, worker mobility priorities of Cyprus Presidency, Minzatu says
Tackling child poverty and issues related to worker mobility will be at the forefront of the upcoming Cyprus Presidency of the Council of the European Union (EU), said on Friday the Executive Vice-President of the European Commission, responsible for Social Rights and Skills, Quality Jobs and Preparedness, Roxana Minzatu, speaking during a meeting with the Parliamentary Committees on Education and Labour. ”We need to tackle the shortages from the perspective of skilling people to fill the jobs.
President Christodoulides discusses bilateral ties, Cyprus issue with Crown Prince of Kuwait
President of the Republic of Cyprus Nikos Christodoulides held a meeting Friday in New York with the Crown Prince of Kuwait, Sheikh Sabah Khaled Al-Hamad Al-Sabah, with whom he discussed bilateral relations and briefed him on the latest developments regarding the Cyprus issue. A written statement by Government Spokesperson Konstantinos Letymbiotis says that during the meeting, the President underlined the great importance the Republic of Cyprus attaches to further deepening and broadening bilateral relations with Kuwait, with emphasis on the fields of investment, tourism, and education.
EU source confirms request for return of pound 67.2 million for Vasilikos LNG project
An EU source confirmed to CNA on Friday that CINEA is obliged to recover the amount of pound 67,191,391.67 of EU co-funding received for by Cyprus the Vasilikos LNG terminal project. The EU source notes that and the Cypriot authorities were provided with the legally applicable deadline for the payment, which is 6/11/2025. In case of non-payment by that deadline, interests will start to be generated.
Cyprus has been suffering for 51 years Mitsotakis said at the UN
Prime Minister Kyriakos Mitsotakis, addressing the 80th UN General Assembly, underlined that Greece supports the UN’s efforts to restart negotiations on Cyprus. ‘Regarding Cyprus, Cyprus has been suffering for 51 years,’ he stressed. He also called on Turkey to withdraw its casus belli, stressing that the way forward is dialogue, not the language of arms.
Cyprus President says Nicosia is realistic over a Cyprus settlement, aligns interests with powerful states
President of Cyprus Nikos Christodoulides said on Friday that we are being totally realistic, by acknowledging that with international law as the only tool in our arsenal we cannot liberate our homeland. In today’s international system, “interests prevail over justice” he told a gathering of the Cypriot diaspora in the New York, adding that the goal is ‘to align the interests of small Cyprus with those of powerful states’ and to show that the Republic of Cyprus can ‘offer solutions to significant problems, particularly in our region.’ President Christodoulides expressed his deep appreciation for the contribution of overseas Cypriots.
Cyprus, Greece and Jordan FMs discuss trilateral cooperation in New York
Foreign Ministers of Cyprus, Greece and Jordan reviewed progress in their trilateral cooperation during a meeting on Friday in New York, held on the sidelines of the UN General Assembly’s High-Level Week. Cyprus was represented by Foreign Minister Constantinos Kombos, who met with his counterparts Ayman Safadi of Jordan and George Gerapetritis of Greece.
Saturday 27 September 2025
President says UN chief sent message to resume talks from where they were left off in Crans Montana
UN Secretary-General Antonio Guterres told Cyprus leaders on Saturday that the aim is to resume settlement talks from the point they were left off in Crans Montana, the President of Cyprus Nikos Christodoulides said after the meeting at the UN headquarters, in New York. The meeting with the UN chief and the Turkish Cypriot leader Ersin Tatar, was concluded art around 20:00 (Cyprus time).
UN chief underlines his steadfast commitment to a peaceful Cyprus solution
The Secretary-General Antonio Guterres underlined the continued steadfast commitment of the United Nations to a peaceful resolution of the Cyprus issue for the benefit of all Cypriots, a UN announcement says following Saturday’s trilateral meeting in New York with Cyprus President Nikos Christodoulides and Turkish Cypriot leader Ersin Tatar. According to the statement, ‘the Secretary-General welcomed the implementation of several significant trust-building measures, agreed upon during the two informal meetings on Cyprus which he hosted in March and July of this year, while noting, however, that some initiatives remain pending.’
FM focuses on Cyprus issue, EU Presidency in UNGA contacts, signs agreement with Saudi Arabia
Cyprus Foreign Minister Constantinos Kombos wrapped up a week of intensive diplomacy at the United Nations General Assembly’s High-Level Week in New York, stressing the Cyprus issue, the country’s upcoming EU Council Presidency, and the strengthening of strategic partnerships. Speaking at the conclusion of his contacts, Kombos said he held around 50 meetings with counterparts from across the globe, both bilaterally and within multilateral and trilateral formats, aimed at advancing issues directly affecting Cyprus and its interests.
Customs brokers end strike and resume work on Monday
Customs brokers in Cyprus will return to work on Monday after voting unanimously on Saturday to end their strike, which began last Thursday. The decision was taken during an extraordinary General Assembly of the association’s members, held at Limassol port.
Cyprus, Greece and Syria hold first trilateral meeting in New York
Cypriot Foreign Minister Constantinos Kombos held a first-ever trilateral meeting with his Greek counterpart Georgios Gerapetritis and Syria’s interim Foreign Minister Asaad Shaibani in New York. In a post on X, Kombos said the discussions focused on ‘fostering pathways of cooperation and supporting Syria on the basis of good-neighborly relations and international law.’
Cyprus EU Presidency to highlight maritime competitiveness, says Hadjimanolis
Cyprus will place the competitiveness of the maritime industry high on its agenda when it assumes the Presidency of the Council of the European Union in the first half of 2026, Shipping Deputy Minister Marina Hadjimanolis said on Saturday. Speaking at the Institute of Marine Engineering, Science and Technology (IMarEST) Cyprus Branch Annual Dinner Dance in Limassol, Hadjimanolis announced that an Informal Ministerial Meeting on maritime affairs will be held in April 2026 as part of Cyprus’ EU Presidency program.
Sunday 28 September 2025
EIB supports strategic energy projects Cyprus-Greece are committed to develop, Calviño tells CNA
European Investment Bank (EIB) President Nadia Calviño emphasized in an interview with CNA the EIB’s willingness to support “strategic projects supported by both countries, where the two governments are committed to develop” and which are “compatible and inscribed in the energy strategy of both countries” when asked about the electricity interconnection of Greece and Cyprus through the Great Sea Interconnector (GSI) project. She also referred to a “gradual and reversible re-engagement” with Turkey, in accordance with the European Council’s mandate.
Monday 29 September 2025
Spokesman underlines importance of UNSG’s commitment and reference to Crans Montana
Government Spokesman Konstantinos Letymbiotis stressed Monday the importance of the UN Secretary-General’s personal commitment to the Cyprus issue and his reference to the resumption of talks from the point where they were interrupted in the Swiss resort of Crans Montana in 2017. Asked by CNA about the trilateral meeting convened in New York on Saturday by UN Secretary-General Antonio Guterres with President of the Republic Nikos Christodoulides and Turkish Cypriot leader Ersin Tatar, the Spokesman noted the importance of the personal commitment and dedication of the UN Secretary-General.
US Ambassador stresses bilateral ties, focus on Cyprus issue after meeting President
US Ambassador to Cyprus, Julie Davis, met on Monday with Cyprus’ President, Nikos Christodoulides, noting the broad agenda of bilateral issues and saying there is strong attention on the prospects for negotiations on the Cyprus issue. Speaking to reporters after the meeting, Davis referred to the cooperation between the two countries, pointing out the military ties and the broader bilateral relationship.
Revenue from tourism up 17.4% in first seven months of 2025
Revenue from tourism is estimated at pound 1,891.1 mn, for the period of January – July 2025, compared to pound 1,610.4 mn in the corresponding period of 2024, recording an increase of 17.4%, according to data published by the Statistical Service on Monday. Based on the results of the Passengers Survey carried out by the Statistical Service, revenue from tourism reached pound 513 mn in July 2025, recording an increase of 8.2% as compared to the corresponding month of the previous year (pound 474 mn).
Industrial Production Index up 3% y-o-y in first 7 months of 2025
The Industrial Production Index recorded an increase of 3% for the period January – July 2025, compared to the corresponding period of the previous year, according to data published by the Statistical Service on Monday. Comparing the rates of change for the period January – July 2025 against the corresponding period of the previous year, the most significant increases were observed in water collection, treatment and supply (9%), the manufacturing of other non-metallic mineral products (8.7%), the manufacturing of wood and products of wood and cork, except furniture (7.6%) and the manufacturing of rubber and plastic products (7%).
Research Deputy Minister in Brussels for EU Competitiveness Council
The Deputy Minister of Research, Innovation and Digital Policy, Nicodemos Damianou, flew to Brussels on Monday, to participate in the European Union (EU) Competitiveness Council meeting on research issues. According to a press release issued by the Deputy Ministry, the agenda includes the approval of conclusions on the EU Strategy for Startups and Scaleups, which aims to strengthen innovation and retain talent in Europe, as well as the approval of the EU Strategy for Life Sciences, a sector of crucial importance for competitiveness, resilience, and the well-being of citizens.
CBC leaves CCyB rate unchanged at 1.5% with effect as from 14 January 2026
The Central Bank of Cyprus (CBC) decided to leave the countercyclical buffer rate (CCyB rate) on exposures located in the Republic of Cyprus unchanged at 1.5%, with effect as of 14 January 2026. In a press release, the CBC noted that they “deemed appropriate to maintain the CCyB rate at 1.5%, which is the rate adopted as per the decision of the CBC announced on 14 January 2025. The said rate will be effective as from 14 January 2026”.
Nicosia condemns latest attacks by Russia across Ukraine
Cyprus’ Ministry of Foreign Affairs has strongly condemned the latest “large-scale and devastating wave of attacks by Russia across Ukraine, that resulted in the loss of civilian lives”. “We express our unwavering solidarity with Ukraine. Our thoughts and prayers are with the families of the victims, and we wish speedy recovery to the injured”, the MFA posted on X.
FM-US Ambassador discuss bilateral ties, MidEast and Ukraine
Cyprus Foreign Minister, Constantinos Kombos, discussed with US Ambassador to Cyprus, Julie Davis, bilateral ties, regional developments, Middle East and Ukraine, during a meeting they had on Monday.
EIB has invested more than pound 5.7 billion to Cyprus, Finance Minister says
Cyprus has for decades benefited from a strong and long-lasting partnership with the EIB Group, said on Monday Minister of Finance, Makis Keravnos, speaking to the members of the Boards of the European Investment Bank and the European Investment Fund, at a dinner in Limassol, noting that the EIB has invested more than pound 5.7 billion to the country, making Cyprus the largest per capita beneficiary of EIB support among EU member states. He noted that the EIB, as the EU’s long-term lending institution alongside the EIF as its dedicated arm for SMEs and innovation, has stood for more than four decades “as a trusted partner for Cyprus, consistently transforming European priorities into tangible investments on the ground”.
Interior Minister discusses affordable housing with Dutch and French Ministers
Interior Minister Constantinos Ioannou held separate meetings with the Dutch Minister of Housing and Spatial Planning, Mona Keijzer, and the French Minister of Housing, Valérie Létard, on Monday, on the sidelines of the High-Level Conference on Affordable Housing, organized within the framework of the Danish Presidency of the Council of the European Union, in Copenhagen. A press release issued by the Ministry said that during the meeting with the Dutch Minister they discussed extensively the housing challenge, which is affecting all EU member states in recent years, and referred to the measures being taken at national level.
2026 budget focuses on stability, development and social policy, President says
The 2026 budget will be a budget of stability and perspective, with a social and developmental focus, said on Monday, President of the Republic Nikos Christodoulides, at the beginning of a Cabinet meeting, which he chaired at the Presidential Palace. In his opening remarks at the Cabinet meeting, President Christodoulides said that today they will discuss the 2026 budget, adding that “a strong growth-oriented economy is one of our main priorities, one of the five key priorities of our governance.’
President of the Hellenic Parliament pays an official visit to Cyprus
Hellenic Parliament President, Nikitas Kaklamanis, is paying his first official visit to Cyprus after he assumed his duties. According to a press release of the Hellenic Parliament, Kaklamanis arrived to Cyprus on Monday, at the invitation of the House of Representatives President, Annita Dimitriou.
The 2026 budget stands at pound 10.7 bln excluding debt servicing costs, FinMin says
On October 2 the bill for the 2026 state budget will be submitted to House of Representatives, after having been approved on Monday by the Cabinet. In statements following the conclusion of the Cabinet’s meeting, the Minister of Finance, Makis Keravnos, said that the budget amounts to pound 10.7 billion, excluding debt servicing costs. ‘It is a balanced, growth-oriented budget, with a strong emphasis on social cohesion and social policy,’ he added.
Cypriot Minister highlights Competitiveness Fund significance during meeting in Brussels
The Minister of Energy, Commerce, and Industry, Giorgos Papanastasiou, participated in the European Union’s Competitiveness Council (Internal Market and Industry configuration) on Monday in Brussels, during which he stressed that the European Competitiveness Fund should provide clarity, speed, and reliability for businesses and industries,. During the first day of the COMPET Council, the agenda mostly focused on two key issues: the proposal for the European Competitiveness Fund (ECF) within the Multiannual Financial Framework (MFF) 2028-2034, and progress on actions to simplify European rules and reduce bureaucratic burdens, particularly for businesses.
Tuesday 30 September 2025
President Christodoulides pledges to assist UNSG efforts for a Cyprus settlement
President of Cyprus Nikos Christodoulides pledged on Tuesday that the Greek Cypriot side will do its utmost for the UN Secretary-General’s efforts for a Cyprus settlement to yield results. He also noted that it is important that after so many years there is activity, as underlined by the SG himself during the Geneva meeting for the Cyprus issue last March.
Clear parameters needed for third-countries participation in EU defence research programs, Damianou says
Cyprus’ Deputy Minister of Research, Innovation, and Digital Policy, Nicodemos Damianou has asked for “clear parameters and criteria for the participation of third countries” in EU-funded dual-use and defence technology programs in statements upon his arrival at the EU Competitiveness Council meeting on research issues in Brussels, on Tuesday morning. The Deputy Minister focused particularly on the new framework program and its provisions for supporting dual-use and defense technologies.
Interior Minister elaborates on Cyprus’ housing policy at Copenhagen conference
Minister of Interior, Constantinos Ioannou, focused on the pillars of the comprehensive housing policy implemented by the Republic of Cyprus over the last two years, during his intervention at the High-Level Conference on Affordable Housing, organised within the framework of the Danish Presidency of the Council of the European Union, in Copenhagen, a press release issued by the Interior Ministry said. According to the press release, Ioannou elaborated on the two axes of Cyprus’ housing policy, namely the increase in the housing stock, with an emphasis on the production of affordable housing, and the strengthening of citizens’ purchasing power, especially of those who are socio-economically vulnerable.
Nicosia welcomes Trump’s proposal as a vital step to end the war in Gaza
Cyprus has welcomed US President, Donald Trump’s proposal, as a vital step to end to the war in Gaza, release of all hostages and secure humanitarian aid in massive scale. “It is critical for all parties to accept its parameters as the way forward.
EIB President says water and housing are two key challenges for Cyprus
Head of European Investment Bank (EIB) Nadia Calviño has said that water and housing are the two key challenges in Cyprus and expressed her pride for the European support and impact of European investment in Cyprus. Calvino was speaking to the press on Tuesday, before a meeting with the President of the Republic Nikos Christodoulides, who attended the joint meeting of the boards of the European Investment Bank and the European Investment Fund, in Limassol. “I want to thank Cyprus for the warm welcome. We are having a very productive meeting which has allowed us also to see the impact of the investments we finance on the ground,” she said, adding that they have visited student residences in the Cyprus University of Technology as well as the Waste Water Treatment Plant in Limassol.
We are committed to the GSI project implementation, President stresses
The Republic of Cyprus is committed to the implementation of the Great Sea Interconnector project, President of the Republic, Nikos Christodoulides, said on Tuesday, adding that there is a provision of 25 million euros in the budgets of both 2025 and 2026. Furthermore, he noted that the longer the implementation of the project is delayed, it touches on other aspects, including financial ones. In statements to the media before attending the meeting of the European Investment Bank in Limassol, President Christodoulides referring to the GSI recalled that he had met with the Greek Prime Minister earlier this month in New York and that “we have issued a joint press release.
President says NY meeting demonstrated UNSG’s political will
President of the Republic Nikos Christodoulides has said that the UN Secretary General has demonstrated his political will by convening the trilateral meeting that took place last week in New York. UNSG met with the two leaders President Christodoulides and T/c leader Ersin Tatar last week in New York city.
Raouna discusses shared EU presidency priorities with Irish European Affairs Minister of State
Cyprus and Ireland share long-standing, excellent relations that are anchored on common values and respect for rules-based international order and multilateralism, said Deputy Minister for European Affairs, Marilena Raouna, before her meeting with Thomas Byrne, Minister of State for European Affairs and Defence, on Tuesday in Nicosia. She added that they would discuss shared priorities and important files, as well as ensuring that there is coherence and coordination in view of the two countries’ consecutive Presidencies of the Council of the European Union.
Index of Industrial Output Prices down 0.9% in August
The Index of Industrial Output Prices for August 2025 reached 122.8 units (base 2021=100), recording a 0.9% decrease, compared to the corresponding month of the previous year, according to the Statistic Service. Compared to the corresponding month of the previous year, an increase was recorded in mining and quarrying (8.6%) and manufacturing (1.1%), while a decrease was shown in the sectors of electricity supply (-8.2%) and water supply and materials recovery (-5.2%).
EIB a steadfast partner in Cyprus’ transformation and growth the President says
The European Investment Bank (EIB) is a trusted partner for Cyprus, President of the Republic Nikos Christodoulides has said, noting the Bank’s crucial support both during times of crisis and in the country’s ongoing path of reform and steady economic growth. Addressing Tuesday the EIB Board Retreat in Limassol, the President also said that Europe must now pursue autonomy across security, the economy and trade, stressing that the European Investment Bank has a central role in turning that vision into reality.
The 9th Ocean Report reveals critical state, now we have the tools to act Kadis says
The ninth Ocean State Report, published by the Copernicus Marine Environment Monitoring Service of the EU’s Earth Observation System, was presented by the European Commission, with Commissioner for Fisheries and Oceans, Costas Kadis, underlining that “the data is the basis for action” and that “now we have the tools to transform observation into solutions”. The report reveals the critical state of oceans, as every corner is now threatened by climate change, biodiversity loss, and pollution. The findings are alarming, confirming that ocean health is deteriorating at an unprecedented rate.
Maritime Cyprus 2025 to unlock the future of shipping, says Deputy Minister
Cyprus will be at the heart of the global shipping industry from 6-8 October, as it hosts the Maritime Cyprus 2025 International Conference in Limassol under the theme ‘Unlocking the Future.of Shipping.’ Presenting the conference at a press briefing, Shipping Deputy Minister Marina Hadjimanolis said the event comes at a crucial moment for the maritime sector, facing both challenges and opportunities. She stressed that the government is proud of a 36-year-old institution that has grown into one of the world’s leading shipping conferences.
Rules for third-country participation in the Framework Programme demanded by Damianos
The critical importance of research and innovation in strengthening the EU’s strategy for startups and scaleups, was pointed out by the Deputy Minister of Research, Innovation and Digital Policy Nikodimos Damianos, at the EU Competitiveness Council for Research, on Tuesday in Brussels. “This strategy is not only about supporting new businesses, but also about retaining talent and innovative startups within Europe,” stressed Damianos, adding that “Cyprus is ready to actively contribute to its implementation, especially in view of the upcoming Cypriot Presidency of the EU Council in 2026.”
Cyprus 2026 budget raises spending, targets further debt reduction
Cyprus’ 2026 state budget foresees higher operating, development and social expenditures, while maintaining a strong focus on reducing public debt, with 21% of expenditure earmarked for debt servicing, Finance Minister Makis Keravnos said on Monday after presenting the draft budget to the Cabinet. Keravnos described the 2026 budget as ‘balanced, growth-oriented, with a strong emphasis on social cohesion and social policy.’