CNA News – CNA – GregorisSavva – ???????? 19/01/2019 13:33

Cyprus President says he will not hesitate to take decisions for peace and stability

President of Cyprus NicosAnastasiades said on Friday that he will not hesitate to take decisions that will bring about peace and stability in Cyprus and which will preserve Cypriot Hellenism and will allow us to continue our course within Europe. He was addressing an event in Nicosia, commemorating the first President of the Republic of Cyprus, Archbishop Makarios III. As the President of the Republic I am fully aware of my historic duty, which is defined first and foremost by the responsibility to free our country from the unacceptable situation it is currently under, while respecting human rights, he said.

Foreign Office restates position on Cyprus issue

The Foreign Office (FCO) has restated its position on the Cyprus issue in a letter addressed to ten UK Cypriot refugees, who had written to Foreign Secretary Hunt to highlight the importance of respect for human rights of all Cypriots. The most effective way to resolve the issues arising from these events, is through a just and lasting settlement of the Cyprus issue based on the internationally accepted model of a bi-zonal bi-communal federation, the response letter by the FCO states.

Council of Europe anti-corruption body GRECO to visit Cyprus

A delegation of the Council of Europe’s Group of States against Corruption (GRECO) will visit Cyprus on 7 and 8 February 2019, in the context of GRECO’s 4th round compliance procedure and in connection with allegations concerning the administration of justice in Cyprus, according to a press release by the Council of Europe. As part of the 4th round compliance, GRECO is currently monitoring Cyprus’ compliance with the Council of Europe anti-corruption standards relating to the judiciary. This round also evaluates measures to prevent corruption in respect of MPs and prosecutors.

PandO Ferries sets all English Channel ships under Cyprus flag

PandO Ferries, the British shipping firm, has decided to register its entire English Channel operating fleet in Cyprus, a company spokesman told the Cyprus News Agency. The decision follows the initial re-flagging of two of its ships that operate between Dover and Calais, the ‘Pride of Britain’ and the ‘Pride of France’. The other ships on the English Channel are ‘Pride of Canterbury’, ‘Pride of Kent’, ‘Pride of Burgundy’ and ‘European Seaway’.

Liverpool’s Merseyside Police investigators train CMP staff

Two senior trainers from Liverpool’s Merseyside police have provided for a highly valuable training programme in Nicosia to more than 20 Greek Cypriots and Turkish Cypriots involved in the investigative efforts of the Committee on Missing Persons in Cyprus (CMP). According to a CMP announcement, the training which took place from 14 to 18 January 2019 was led by senior Merseyside police officers Tim Keelan, recently retired with more than 40 years investigation experience, and John Porter, a serving officer and trainer with more than 30 years’ experience.

AstroBank announces the completion of agreement for USB Bank acquisition

AstroBank Limited announced the completion of the agreement with USB Bank PLC for the acquisition of USB Bank’s banking operations (including the transfer of USB Bank’s personnel, with the exception of certain properties), for a total consideration of Euros 40.2 million. The transaction was funded from own resources and was supported by a capital increase of Euros 54 million, mainly by AstroBank’s current shareholders. With this acquisition, AstroBank significantly strengthens its position in the Cyprus market. In particular, the Bank’s balance sheet increases by more than 50% reaching Euros 2.1bln, Gross Loans rise to Euros 1.2bln, Customer Deposits to Euros 1.9bln and Total Capital over Euros 160mln.

House prices up 1.7% in Q3 2018

House Price Index (HPI) for the third quarter of 2018 increased 1.7% compared to the corresponding quarter of 2017, according to preliminary estimate of the Statistical Service Friday by the Statistical Service of Cyprus. The HPI for the third quarter of 2018 amounts to104.19 units. Compared to the second quarter of 2018, the index increased by 0.2%.

Source: Cyprus News Agency