Cyprus President, Nicos Anastasiades, has congratulated the new UK Prime Minister, Liz Truss, noting that he looks forward to working with her to further enhance and deepen the bilateral relationship between Cyprus and the UK.”Cyprus and the UK share h…
Day: September 7, 2022
House President discusses Cyprus problem, Eastern Mediterranean and migration during Berlin visit
The Cyprus problem, security in the Eastern Mediterranean region, the migration issue and other important challenges facing the European Union were the main topics of discussion at a meeting between the President of the House of Representatives Annita …
Lone Star says it is considering a possible revised offer to Bank of Cyprus
US-based equity fund Lone Star said it is considering options with regard “to the possibility of making a revised offer proposal to the Board of the Bank of Cyprus.”The Board of Bank of Cyprus, Cyprus’ largest lender, has turned down three take – over …
Employment up by 1.9%, actual working hours by 5.2%, in Q2 of 2022
Employment in Cyprus increased by 1.9% in the second quarter of 2022, in comparison to the corresponding quarter of the previous year, reaching 458,706 persons. However, actual working hours increased by 5.2% on the same period and are estimated at 207…
The only Bi-Communal Europe Direct Centre in Cyprus
The European Commission Representation in Cyprus would like to invite you to the official launch of the only Bi-Communal Europe Direct Centre in Cyprus, starting its operations at the Ledra Palace Area on 8 September at 19:00.The new Europe Direct was …
STATEMENT BY PRESIDENT VON DER LEYEN ON ENERGY
We are facing an extraordinary situation, because Russia is an unreliable supplier and is manipulating our energy markets.Our unity and our solidarity will ensure that we will prevail!We have increased our preparedness and weakened Russia’s grip on our…
Cyprus is fully aligned with EU decisions on Ukraine, House President tells German parliamentarians
Cyprus is fully aligned with EU decisions as regards the Russian invasion to Ukraine, House President Annita Demetriou underlined to German parliamentarians.Demetriou, who wraps up on Wednesday a working visit to Berlin, met yesterday separately with …
STATEMENT FROM COMMISSION ON THE CO-LEGISLATORS’ ROADMAP ON THE NEW PACT ON MIGRATION AND ASYLUM
The Commission welcomes the political agreement between the co-legislators on a Joint Roadmap on the Common European Asylum System and the New Pact on Migration and Asylum. This confirms the joint commitment to take all necessary steps towards the adop…
S&P Global Ratings upgrades Bank of Cyprus’ ratings on asset quality improvement and easing of economic risks
Rating agency S&P Global Ratings raised its long-term issuer credit rating on Bank of Cyprus (BoC) to ‘BB-‘ from ‘B+’, citing improvements in the bank’s asset quality and easing of economic risks.The upgrade of the r…
EUROPEAN COMMISSION PROPOSES SECOND €5 BILLION TRANCHE OF MACRO-FINANCIAL ASSISTANCE TO UKRAINE
The European Commission has today proposed a further €5 billion in macro-financial assistance (MFA) loans to Ukraine as the second part of the exceptional MFA package of up to €9 billion announced in the Commission’s communication of 18 May 2022 and en…
Cyprus FM congratulates new UK Foreign Secretary, looks forward to strengthen existing partnership
Cyprus Foreign Minister, Ioannis Kasoulides, has warmly congratulated the newly appointed UK Foreign Secretary, James Cleverly.Kasoulides said in a post on Twitter that he looks forward “to continuing our bilateral exchange &amp…
A European Care Strategy for caregivers and care receivers
Today, the European Commission presents the European Care Strategy to ensure quality, affordable and accessible care services across the European Union and improve the situation for both care receivers and the people caring for them, professionally or …