Cyprus energy squeeze: The government has activated an emergency capacity mechanism under the electricity market law to prevent a potential 720MW supply gap by 2030, warning costs would ultimately fall on consumers. Central banking watch: The Central Bank of Cyprus kept the countercyclical capital buffer at 1.5%, a move that affects how much extra capital banks must hold in case of a downturn. Cost-of-living relief vs reality: Officials say more household support is being prepared as fuel prices keep climbing, but details on timing and eligibility are still missing. Migration pressure: Cyprus’ Deputy Migration Minister says the EU’s Migration and Asylum Pact could ease strain if other member states deliver real, timely solidarity, while noting most asylum applications are rejected as unfounded. Schengen status: Cyprus’ Schengen accession is “not on the agenda” for the next EU justice council meeting, despite ongoing work and a positive Commission assessment. Local governance & transport: Nicosia mayor Charalambos Prountzos renewed calls for a tram, arguing bus use remains far below targets due to weak infrastructure. Deep-tech push: Cyprus’ deep-tech ecosystem has topped 150 start-ups with nearly €1bn in research and innovation funding over the past decade, while RIF expands its EU state-aid tools from 3 to 10 GBER provisions. Business & trade links: Bulgaria approved an honorary Cyprus consulate in Plovdiv to boost trade and economic ties, with an honorary consul appointed. Defense industry spotlight: New Cypriot-developed drones and air-defence systems are set to feature in the Oct. 1 parade, including a dedicated UAV unit. Maritime tragedy update: Another body was recovered from the Kyrenia ferry wreckage, with DNA analysis planned for identification.