Cyprus Reaffirms Commitment to Reunification Amid Ongoing Occupation Challenges

Nicosia: Cyprus’ Foreign Ministry has strongly affirmed its dedication to liberating and reunifying the island nation, stating its refusal to accept the faits accomplis of the occupation or any legitimization of the country’s partition. This declaration comes amid the commemoration of the anniversary of the illegal declaration of a pseudo-state in the occupied regions of … Read more

Finance Minister Welcomes S&P Assessment and Upgrade

Nicosia: Finance Minister Makis Keravnos welcomed the latest S and P Global Ratings assessment, attributing the improved outlook to fiscal discipline, the resilience of the Cypriot economy and the continued reduction of public debt. ‘I am once again in the very pleasant position of welcoming another important credit rating report for the Republic of Cyprus … Read more

Cyprus President Rejects Secessionist Actions, Urges Unconditional Talks

Nicosia: The illegal secessionist actions of the occupying regime, stemming from the 1974 Turkish invasion and occupation, will never be accepted, Cyprus President Nikos Christodoulides emphasized. He expressed hope for the resumption of negotiations with the new Turkish Cypriot leadership ‘without terms and conditions.’ According to Cyprus News Agency, President Christodoulides issued a written statement … Read more

Cyprus’ Credit Rating Affirmed by S&P with Positive Outlook, President Highlights Fiscal Responsibility

Nicosia: The confirmation of Cyprus’ credit rating by Standard and Poor’s at A- and the upgrade of the outlook to Positive from Stable reflects the consistency and responsibility in fiscal choices, President Nikos Christodoulides stated in a written statement. According to Cyprus News Agency, President Christodoulides emphasized that the affirmation of Cyprus’ credit rating and … Read more

S&P Upgrades Cyprus Outlook to Positive Due to Strong External and Fiscal Deleveraging

Nicosia: S and P Global Ratings revised the outlook on Cyprus to positive from stable, citing faster-than-expected improvement in the country’s external debt. The agency simultaneously affirmed the sovereign’s long-term and short-term local- and foreign-currency credit ratings at ‘A-/A-2’. According to Cyprus News Agency, the positive outlook reflects the potential for Cyprus’ external performance to … Read more

42 Years Since Illegal Declaration of Pseudo-State in Cyprus

Nicosia: Today marks 42 years since the illegal declaration of the pseudo-state in the Turkish-occupied territories of the Republic of Cyprus. On November 15, 1983, Turkey and the then Turkish Cypriot leadership declared the occupied territories of Cyprus as a ‘state’, which is recognized solely by Ankara. The international community did not acknowledge this unilateral … Read more