Daily Archives: October 16, 2019

EMU – SCT Electrical and Electronics Students Pay a Technical Visit to the New Ercan Airport Construction Site

Eastern Mediterranean University (EMU) School of Computing and Technology (SCT) Department of Electrical and Electronics Technology final year students paid a technical visit to the new Ercan Airport construction site as a result of the organization of...

European Agenda on Migration four years on: Marked progress needs consolidating in face of volatile situation

Ahead of the October European Council, the Commission is today reporting on key progress under the European Agenda on Migration since 2015, with focus on steps taken by the EU since the last progress report in March 2019. The Commission

DIPLOMACY: Ireland tells Turkey to stay out of Cyprus and Syria

Ireland President Michael Higgins called on Turkey to seek the negotiating approach in Cyprus and to stop its military offensive in Syria which is causing a humanitarian crisis.Higgins addressing a special plenary session of the Cyprus parliament expre...

CYPRUS: Non-performing loans increase for second month to EUR 8.05 bln

Non-performing loans (NPLs) rose for a second consecutive month in May amounting to Euros 8.05 bln with non-performing exposures (NPEs) dropping by Euros 11 mln to Euros 10.13 bln, or some 30.8% of total loans.NPLs, loans in arrears over 90

MARKETS: Asian stocks climb as US banks’ earnings boost equities

Most Asian stocks are following their US counterparts higher, after strong earnings reports out of US banks gave equities another reason to climb higher, after the risk-on momentum from the US-China trade truce faded.Gains in riskier assets are coming ...

CYPRUS: One-third of state budget allocated for civil servants’ pay

A third of the state 2020 budget is to be spent on civil servants pay, with salary spending for the year projected to increase by 4.1% on 2019.The increase to Euros 2.87 bln is due to the Cost of Living