A proposal by the Greek Cypriot side on Confidence Building Measures (CBMs) should not be rejected since “this kind of opportunities will not always be offered,” Foreign Minister Ioannis Kasoulides said on Friday.Speaking on the sidelines of an OSCE pa…
Day: May 27, 2022
House President briefs OSCE PA President on the latest Turkish provocations in Turkish occupied Varosha
House President, Annita Demetriou, briefed the Margareta Cederfelt, President of the OSCE Parliamentary Assembly (OSCE PA) on the latest Turkish provocations in Varosha, during a meeting on the occasion of the International Conference of the Parliament…
ECB rate hikes visible and manageable, Central Bank Governor says
Rate hikes by the European Central Bank are visible as the medium-term inflation target seems to be achieved, Central Bank of Cyprus (CBC) Governor Constantinos Herodotou said on Friday, stressing that any impact from the expected rate hikes in Cyprus …
Cyprus President Nicos Anastasiades expresses hope Turkey would reconsider revisionist stance
Cyprus President Nicos Anastasiades has expressed hope that Turkey would reconsider its ongoing provocations in the Eastern Mediterranean and the Aegean.Responding to questions by members of the press on his way to the unveiling ceremony of the bust of…
Sales of petroleum products up by 17.5% in April 2022 compared to last year
In April 2022, total sales of petroleum products reached 112,803 tons, an increase of 17.5% compared to April 2021, according to data provided by the Cyprus Statistical Service.According to the official data, there was an increase in aviation kerosene …
International conference in Nicosia highlights the role of National Parliaments in fighting corruption
The role of National Parliaments in preventing and fighting corruption was discussed on Friday during an international conference hosted in Nicosia by Cyprus Parliament with the support of the OSCE PA International Secretariat.In her keynote speech dur…
Cyprus government announces €103m financial support package to offset rising prices
Cyprus’ government announced a new package of financial support for vulnerable groups of the population, to the tune of €103 million on Friday, to offset the impact of inflation and the war in Ukraine. The support package, which follows, another one fo…
The fight against corruption is a security priority in the OSCE, pledges the OSCE PA president
The fight against corruption is a security priority in the OSCE pledged Margareta Cederfelt, President of the OSCE PA during the opening remarks of a conference in Nicosia hosted by the House of Representatives.Addressing the international conference o…
Total deposits and loans show monthly increase in April
Total deposits and total loans recorded a monthly increase in April, according to the Central Bank of Cyprus which published on Friday the Monetary Financial Institutions (MFIs) Deposits and Loans Statistics for the reference month of April 2022, which…
Several countries interested in trilateral cooperation, Permanent Secretariat for Tripartite Cooperation Mechanisms SG tells CNA [VIDEO]
There is an interest from several countries in order to expand the trilateral cooperation schemes which Cyprus and Greece have established with countries of the region, newly appointed Secretary-General of the Permanent Secretariat for the Tripartite C…