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601. Blazing heat to take the weekend off

Cyprus is set to enjoy a short break from the extreme summer heats that extended into the autumn season, as the met department announced Friday that several days of overcast skies and rainy weather are on the cards before temperatures climb anew....

602. Government extends support schemes until end October

The Cabinet on Thursday decided to extend current government support programs aiming to cushion the blow of the coronavirus pandemic until the end of October, Labour Minister Zeta Emilianidou said....

603. KPMG Property Lending Barometer 2020

604. Buyer’s market and herd immunity

The most unhappy property buyers are the ones who believe that the real estate market is a Buyer’s Market and discover that in the end the market is anything but a buyer’s market...

605. Week starts with quick dip in temps

Monday skies will be partly cloudy with chances of rain in the afternoon, while temperature highs will not go above 36 degrees Celsius but will rise gradually over the next few days...

606. Highs pull back to normal this weekend

A low pressure system is affecting Cyprus ahead of the weekend, with temperature highs reaching 37 degrees inland with levels expected to rise gradually on Monday...

607. Met Service keeps the yellow heat warnings coming

The Met Service issued a renewed yellow warning for high temperatures expected on Tuesday, when the capital in particular expected to reach 40 degrees Celsius....

608. Yellow warning for high heat on Saturday

The met service issued a yellow warning for extreme heat expected on Saturday, when temperatures are expected to reach 41 degrees Celsius....

609. Pandemic's impact on tourism poses significant risks to Cyprus economy

The European Commission’s summer economic forecast expects significant risks to the Cyprus economy as a result of the coronavirus pandemic’s impact on the tourism sector, which is predicted to see just 25% of last year’s revenues and high unemployment....

610. Yellow weather warning ahead of scorcher on Friday

The Met Service issued a yellow weather warning for high temperatures forecast for Friday, when temperatures inland are expected to reach 40 degrees Celsius....

611. Cyprus tourism gearing up for ‘British invasion’

The tourism industry in the Republic of Cyprus is fighting tooth and nail to minimize losses this year, with the tourism minister hinting at British arrivals in mid-July and hoteliers asking for specific dates to get ready...

612. Cyprus public debt spikes to €24.5 billion due to Covid-19 crisis

Cyprus General Government debt spiked to €24.56 billion according to official data in April, reflecting the large debt issuances by the Finance Ministry to mitigate the impact of the coronavirus outbreak to the economy....

613. Eurozone set for record recession, EU Commission warns

The eurozone economy will contract by a record 7.7 percent this year because of the Covid-19 pandemic and inflation will almost disappear while public debt and budget deficits will balloon, the European Commission forecast on Wednesday....

614. Coronavirus derails southern Europe's clean-up from the last crisis

This year was meant to mark a turning point for Greek and Italian banks as they finally laid the ghosts of the financial crisis to rest. Then the coronavirus struck....

615. Cold front reaches Cyprus

A cooler front is affecting Cyprus on Tuesday, with reports of rapid showers in the morning developing into low to moderate chances of rain and thunderstorms later in the day...

616. Cypriots wake up to a cloudless Green Monday

Cypriots were off to a great start in celebrating Green Monday, with sunshine and cloudless skies in the early part of the day and low to moderate winds...

617. Sunshine finally breaks through cloudy skies

Sunshine made its eagerly-awaited comeback on Tuesday, when temperature rose to 20 degrees Celsius inland, 18 degrees across the coasts, and 10 degrees in higher altitudes....

618. Yellow warning for harsh storms

A yellow warning for isolated intense rainfall was issued on Thursday evening by the Met Department. The warning, in effect from 6pm on Thursday until 8am on Friday, said rain intensity may surpass 55mm per hour. A weak low pressure system will be affecting the island through Thursday and Friday. On Thursday night, the skies are expected to remain cloudy, with isolated showers expected across the island and snowfall in mountain regions. Temperature is expected to fall to nine degrees inland, 12 degrees at the coasts, and one degree at higher altitudes. On Friday, rain and storms are forecasted across the island, with more snow expected to pile up on peaks. Temperatures are expected to reach just 13 degrees inland, 14 degrees in coastal areas, and two degrees at mountain regions. The wet weather is expected to gradually clear out by Monday. ...

619. Dense fog on peaks, rain and storms on the cards

Dense fog had set on the mountain regions on Tuesday, with drivers urged to show particular caution due low visibility, by driving at low speeds and keeping a safe distance from other vehicles....

620. Yellow warning for thick fog covering Cyprus

After fog and low clouds blanketed the Nicosia skies on Wednesday, the Met Department issued a yellow warning for dense fog at mountainous and semi-mountainous regions, which will remain in effect until 10am on Thursday....

621. Turkish clothes makers see orders shifting from coronavirus-hit China

Several fashion retailers that manufacture clothing in coronavirus-hit China are in talks with Turkish firms about shifting production to Turkey, two sector officials told Reuters, with one predicting new orders worth up to $2 billion....

622. Island braces for coldest weather in 3 years with high levels of dust

The atmosphere on Thursday was permeated with high levels of dust, as the island braces for the coldest temperatures recorded in the last three years...

623. PRIO: A Cyprus solution could reap high economic benefits

A solution to the Cyprus problem will create large new markets, research conducted by the independent, bicommunal research centre PRIO showed....

624. Northerly winds to pound Cyprus

Strong winds are making their way to Cyprus, as a northern front is expected to make landfall on the island late Thursday night...

625. Southern coast under flood watch

A weather alert went into effect Thursday night after midnight due to showers and thunderstorms affecting mainly the southern coast...

626. 2020 year of ‘slowbalisation’

Global economic growth in 2020 is expected to grow at a rate of around 3.4% in purchasing power parity terms,according to new projections by PwC, compared to its long-term average of a 21st century average of 3.8% per year...

627. Showers back in the forecast

A low pressure system is expected Thursday afternoon over Cyprus, with chances of showers and thunderstorms that could last through the weekend...

628. Severe weather alert issued for Cyprus

A yellow warning has been issued for Cyprus as rain and stormy weather late night Sunday are expected to intensify after midnight...

629. Rain on hold this week

After days of prolonged showers and thunderstorms, a high pressure system has moved in this week with mostly clear skies and a rise in temperature...

630. Johnson on course to deliver swift Brexit

Prime Minister Boris Johnson won a resounding election victory on Friday that will allow him to take Britain out of the European Union in matter of weeks...