Daily Archives: September 2, 2019

FM and outgoing Ukrainian ambassador discuss about cooperation between Cyprus and Ukraine

Foreign Minister Nikos Christodoulides and outgoing ambassador of Ukraine Borys Humeniuk discussed on Monday key aspects of cooperation between Cyprus and Ukraine in the political, economic and cultural-humanitarian spheres, in a meeting they had on th...

Turkey violates Cyprus’ sovereign rights, Greek FM says

Greek Foreign Minister Nikos Dendias stressed that Turkish illegal actions in the Cyprus? Exclusive Economic Zone (EEZ) violate the sovereign rights of the Republic of Cyprus.In an interview with the Greek radio station Alpha Radio, on Monday, Dendias ...

Nicosia says terms of reference are within reach

Government Spokesman, Prodromos Prodromou, said on Monday that it seems that there is justified hope and ground for the formulation of the terms of reference that would pave the way for the resumption of the negotiations on the Cyprus problem.In

FINANCE: Cyprus launches EUR 800 mln scheme to help distressed borrowers

A Cyprus government scheme called Estia to assist homeowners with non-performing loans to repay their toxic debt has gone live as borrowers can start applying before the window shuts 15 November.Cyprus Finance Minister Harris Georgiades has urged borro...

MARKETS: Get ready for another volatile month

August has been a challenging month for markets. While many traders were out of their desks enjoying the summer season, US-China trade conflict reached a critical point. Both countries hit each other with new tariffs which came into effect on

Cyprus repays earlier a Euros 2.5 billion loan from Russia

Cyprus has fully repaid two years earlier a Euros 2.5 billion loan from Russia, secured in 2011 by the previous administration.Finance Minister Harris Georgiades posted on his twitter account on Monday that Cyprus has repaid the loan earlier. Its balan...