CNA News – CNA – Evie Mitsidou Phillips – Cyprus/NICOSIA 03/11/2018 13:48

Cyprus upgrades its geostrategic role and proceeds with its energy plans President tells Economist Conference

President of the Republic Nicos Anastasiades said that Cyprus upgrades its geostrategic role and proceeds with the implementation of its energy plans smoothly. Anastasiades, who was addressing the 14th Economist Conference, on Friday, in Nicosia, reiterated he was determined to cooperate in a constructive manner with all the parties involved in the Cyprus problem to reach a solution. On his part, Foreign Minister Nikos Christodoulides pointed out that Nicosia wants Turkey to be involved in the energy developments in the region, adding that Turkey has to first solve the Cyprus problem, otherwise, for Nicosia, the option is not there. In his address, Minister of Energy Yiorgos Lakkotrypis said the government plans to expand its exploration programme.

Security Council members must play active role in search for solution, Russian Ambassador to the EU says

Russia’s Permanent Representative to the EU Vladimir Chizhov reiterated from the Economist conference yesterday, in Nicosia, his country’s support of Cyprus reunification efforts, has said that permanent UN Security Council members should play an active role in the search for a settlement and has stated his country’s support of the continued presence of UNFICYP in Cyprus. In another development, Michael Mavros, Second Counsellor at the Delegation of the Republic of Cyprus to the United Nations conveyed the Cypriot governments position that it is crucial to retain the presence of UNFICYP, in its current mandate and configuration, until a settlement has been reached.

Cyprus has managed to stand on its own two feet, Finance Minister stresses

After the dire situation in which Cyprus found itself in 2013, it managed through a collective effort to stand on its own two feet, to stop its free fall and to make strong recovery steps, Cypriot Finance Minister Harris Georgiades stressed addressing the 14th Economist conference. In his address Georgiades referred to the fall and recovery of the Cypriot economy noting that during the period of 2009 to 2014 Cyprus lost 10.5% of its GDP while in the period of 2015 to the end of 2018 it will have earned back 15% of its output. This, he stressed, means that things are going better.

Foreign Ministry condemns terrorist attack in Egypt

The Ministry of Foreign Affairs has condemned the terrorist attack in Minya province of Egypt. “We condemn in strongest possible terms yesterdays #terrorist attack in Minya province of #Egypt that resulted in loss of lives and injuries to pilgrims on their way to St Samuel monastery”, the ministry has written in its official account on Twitter. “We stand #shouldertoshoulder with Egypt in fight against #terrorism. Sincere #condolences”, it adds

Goal is Cyprus to be world class maritime centre, Shipping Deputy Minister says

Deputy Minister for Shipping Natasa Pilides has said that the goal is to consolidate Cyprus’ position as a world class maritime centre for the economic and social benefit of the country. Addressing the 14th The Economist conference, on Friday, in Nicosia, Pilides said that together Greece, Malta and Cyprus control 90% of the EU fleet and that Cyprus is the top third country in the world ship management.According to data she presented 5,000 people are employed onshore and 55,000 seafarers aboard Cyprus flag ships, while 20% of the world’s fleet is managed from Cyprus

Interior Minister warns against a Europe of populism

Interior Minister Constantinos Petrides said on Friday that Europe needs to tackle taboo questions threating the project and warned against a Europe of isolation, protectionism and populism. Petrides, who was addressing the 14th The Economist conference, in Nicosia said that we, here in Cyprus, owe a lot to Europe, as of course most of the European countries do. On their part, Cypriot MEPs Lefteris Christoforou (EPP) and Demetris Papadakis (SandD) sent messages of support of the European Union while also pointing out that it needs to pinpoint and resolve the problems it is faced with, while head of the European Parliament’s office in Cyprus Andreas Kettis called on citizens to take part in the democratic process of the European elections on Sunday, May 26, 2019.

Revenue from tourism increases slightly in August

Revenue from tourism reached Euros 428.2 mln in August 2018 compared to Euros 423.6 mln in the corresponding month of the previous year, recording an increase of 1.1%. On the basis of the results of the Passenger Survey, announced on Friday by the Statistical Service, for the period of January � August 2018 revenue from tourism is estimated at Euros 1,889.7 mln compared to Euros 1,845.7 mln in the corresponding period of 2017, recording an increase of 2.4%.

Unions “the only stone not upturned”, Hellenic Bank CEO tells Economist Conference

After tackling non-performing loans, the volume of which he believes will go down very fast in the next year, unions is the only stone not upturned, Hellenic Bank’s CEO Yiannis Matsis told the 14th Economist Conference, on Friday. The Unions is the only stone not upturned, he said, predicting that it will be the next matter to be tackled.

Lets Do It!Cyprus campaign results presented

A total of 31,200 kgs of mixed garbage and 18,600 kg of recyclable materials were collected during the Lets Doi It!Cyprus campaign which took place last April island wide, 46,185 volunteers were involved in the campaign and the spots which were cleaned were more than 500.

Source: Cyprus News Agency