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Famagusta Gazette: Famagusta Gazette – Mediterranean News, Economics & Energy Insights — Covering the Region’s Key Developments Daily
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Energy‑storage projects will play a key role in improving the management of electricity produced from renewable sources, reducing curtailments and strengthening grid stability, Cyprus’s energy minister said.
Michalis Damianou spoke after a contract was signed between the Cyprus Transmission System Operator and CYTA for the supply and installation of th...
Cyprus is recording solid economic growth, a strong fiscal position and a resilient banking system, Finance Minister Makis Keravnos said.
Speaking on behalf of the president at the annual general meeting of the Association of Banks, Keravnos said Cyprus has entered a new period of stability, growth and economic resilience.
He noted that GDP grew...
Today’s weather will be mostly clear. Winds will blow mainly from the southwest to northwest, starting light to moderate at 3 to 4 Beaufort and later increasing to moderate to strong, 4 to 5 Beaufort.
The sea will be slightly rough. Temperatures will reach 37°C inland, 29°C on the west coast, around 33°C on the remaining coasts and 27°C in the higher ...
Cyprus’s Interior Ministry is preparing a new housing plan that would allow apartment buildings to be constructed on unused state‑owned plots inside refugee settlements, offering affordable rents for displaced families.
Interior Minister Constantinos Ioannou announced the initiative during the first meeting of the newly constituted Parliamentary Commit...
Cyprus President Nikos Christodoulides praised the expanding strategic relationship between Cyprus and the United States during a reception hosted by the U.S. Embassy in Nicosia marking the 250th anniversary of American Independence.
He said bilateral ties strengthened further with the launch of the Strategic Dialogue in October 2024 and have since dee...