Daily Archives: August 27, 2019

Presidential Commissioner meets with Deputy Minister of Foreign Affairs for Diaspora Greeks

Presidential Commissioner for Humanitarian Issues and Overseas Cypriots Fotis Fotiou and Greece’s Deputy Minister of Foreign Affairs for Diaspora Greeks Antonis Diamataris have expressed the need to organize a conference in Athens on the Greek language.

Fotiou and Diamataris met …

Cyprus problem, Energy, Islamization of occupied areas, missing persons on the agenda of Overseas Cypriots conference

Developments in the Cyprus problem, Cyprus foreign policy, Energy issues, the Islamization of the Turkish occupied areas of Cyprus, the issue of missing persons, investments, research and innovation issues are on the agenda of the 20th World Conference of Overseas

ENERGY: Cyprus hopes to import gas for power grid before end 2021

Cyprus expects to start importing natural gas for power production in late 2021 if its complex tender procedure goes according to plan.

The Cyprus Natural Gas Public Company (DEFA), announced last week that a Chinese-led consortium is the preferred bidder …

FINANCE: Bank of Cyprus posts net profits of EUR 97 mln

The island’s biggest lender Bank of Cyprus has posted after tax profits of Euros 2 mln in Q2 2019 and Euros 97 mln for the first six months to June as it forges ahead with reducing bad debt and a

MARKETS: Optimism over Trump comments on trade talks restart

Asian stocks followed their US counterparts higher, as markets gave a measured response to US President Donald Trump’s latest comment about US-China trade talks restarting. The Dollar index was testing the 98 psychological level early Tuesday, with G10 and Asian

BoC posts profit of Euros 2 mn for 2Q 2019 and Euros 97 mn for 1H 2019

The Bank of Cyprus announced on Tuesday that it has posted profit after tax of Euros 2 mn for the 2nd quarter of 2019 and Euros 97 mn for the 1st half of the year.

The Bank said that the …