CNA News – CNA – Kiriaki Demetriou – ?ICOSIA 12/04/2019 11:36

President reiterates commitment to maintaining conditions for high economic growth

Cyprus President Nicos Anastasiades reiterated his government’s commitment to maintain and broaden the conditions that would enable fiscal surpluses and the generation of high economic growth. Addressing the 15th CFA Forecasting event, organised by the CFA Society Cyprus on Thursday evening, Anastasiades recalled that Cyprus from a downturn of 6% in 2013 returned to consecutive high growth of 4%.

FM discusses bilateral, regional issues and energy with Lebanese leadership

Bilateral relations between Cyprus and Lebanon, regional issues and energy matters were among the issues the Foreign Minister of Cyprus, Nikos Christodoulides, discussed on Thursday with the Lebanese leadership, during his visit to Beirut. Cyprus and Lebanon agreed to commence negotiations in order to conclude a framework agreement regarding the development of hydrocarbon reserves extending in both sides of the median line between their respective exclusive economic zones.

Bilateral and trilateral MoUs to be signed during Trilateral Summit in Amman, Ambassador of Jordan tells CNA

Bilateral and trilateral Memoranda of Understanding (MoUs) are expected to be signed during the Trilateral Summit among Cyprus, Greece and Jordan that will take place on April 14 in Amman, Ambassador of the Hashemite Kingdom of Jordan to Cyprus, Mohammad El Fayez, has told the Cyprus News Agency.

Cyprus and Israel reconfirm their strong relationship

The strong relationship between Cyprus and Israel was reconfirmed on Thursday evening during a telephone conversation between Cyprus President Nicos Anastasiades and Israeli Prime Minister Benjamin Netanyahu, Government Spokesman Prodromos Prodromou has said. Prodromou wrote on Twitter that after President Anastasiades had sent a letter of congratulations to Netanyahu yesterday for his partys victory in the parliamentary elections which took place on Tuesday, he responded with a telephone call.

An EU � Turkey aviation agreement should take into account issues of principle, Transport Minister says

Transport Minister Vasiliki Anastasiadou has said that Cyprus will not consent to any EU � Turkey aviation agreement if it does not take into account positions of principle and matters that have to do with flight security. Anastasiadou who appeared before a parliamentary committee on Thursday said afterwards that Nicosia FIR is overloaded due to military activities in the area and due to Turkey’s refusal to cooperate with the Republic of Cyprus’ authorities.

Pedieos linear park extension to receive funding by new Euros 17.7 bln EU facility

The Pedieos River Rehabilitation project in Nicosia was among the projects presented on Thursday, during an event in the Turkish-occupied part of the capital, where the European Commission announced the commencement of a new infrastructure facility with an initial budget of Euros 17.7 million. According to a relevant announcement, the “Local Infrastructure Facility” under the EU Aid Programme for the Turkish Cypriot community will extend over a three year period.

Cypriot MP says continued non-participation of Russia would not benefit PACE

Cypriot MP Giorgos Loukaides has said that continued non-participation in Parliamentary Assembly of the Council of Europe or further deterioration of the situation with its departure from other key bodies of the organization would be costly to the people of Russia and the operation and the organization’s prestige.

Cyprus trade deficit shrinks in January

Exports grew more than imports did in January, narrowing the trade deficit of Cyprus by Euros 138,8 mn. The Statistical Service reported on Thursday that the trade deficit was Euros 277,6 mn in January 2019 compared with Euros 416,4 mn in the corresponding month of 2018. The data agency said that total imports in January 2019 stood at Euros 811,2 mn compared with Euros 621,9 mn in January 2018, while total exports in January 2019 rose to Euros 533,6 mn compared with Euros 205,5 mn in January 2018.

House prices rise by 1.6% on an annual basis in Q4 2018

House prices in Cyprus rose by an annual 1.6% in the last quarter of the previous year, the Statistical Service announced on Thursday. According to a preliminary estimate of the Statistical Service, the House Price Index (HPI) in the fourth quarter of 2018 stood at 106,95 units. Compared to the third quarter of 2018, the HPI increased by 3.5% while compared to the Index of the corresponding quarter of 2017, the Index increased by 1.6%, said Cystat.

Government labour force up in March, as casual staff increases

Government labour force increased slightly by 108 persons or 0.2% in March 2019, compared with the same month of 2018 and reached 51.995 persons, a result of an increase in casual staff, figures released by the Statistical Service showed on Thursday. Cystat said that permanent staff decreased by 585 persons or 1.6%, while casual staff increased by 4.3% and reached 16.948 persons compared with 16.255 persons in March 2018.

Source: Cyprus News Agency

CNA News – CNA – Kiriaki Demetriou – ?ICOSIA 12/04/2019 11:36

President reiterates commitment to maintaining conditions for high economic growth

Cyprus President Nicos Anastasiades reiterated his government’s commitment to maintain and broaden the conditions that would enable fiscal surpluses and the generation of high economic growth. Addressing the 15th CFA Forecasting event, organised by the CFA Society Cyprus on Thursday evening, Anastasiades recalled that Cyprus from a downturn of 6% in 2013 returned to consecutive high growth of 4%.

FM discusses bilateral, regional issues and energy with Lebanese leadership

Bilateral relations between Cyprus and Lebanon, regional issues and energy matters were among the issues the Foreign Minister of Cyprus, Nikos Christodoulides, discussed on Thursday with the Lebanese leadership, during his visit to Beirut. Cyprus and Lebanon agreed to commence negotiations in order to conclude a framework agreement regarding the development of hydrocarbon reserves extending in both sides of the median line between their respective exclusive economic zones.

Bilateral and trilateral MoUs to be signed during Trilateral Summit in Amman, Ambassador of Jordan tells CNA

Bilateral and trilateral Memoranda of Understanding (MoUs) are expected to be signed during the Trilateral Summit among Cyprus, Greece and Jordan that will take place on April 14 in Amman, Ambassador of the Hashemite Kingdom of Jordan to Cyprus, Mohammad El Fayez, has told the Cyprus News Agency.

Cyprus and Israel reconfirm their strong relationship

The strong relationship between Cyprus and Israel was reconfirmed on Thursday evening during a telephone conversation between Cyprus President Nicos Anastasiades and Israeli Prime Minister Benjamin Netanyahu, Government Spokesman Prodromos Prodromou has said. Prodromou wrote on Twitter that after President Anastasiades had sent a letter of congratulations to Netanyahu yesterday for his partys victory in the parliamentary elections which took place on Tuesday, he responded with a telephone call.

An EU � Turkey aviation agreement should take into account issues of principle, Transport Minister says

Transport Minister Vasiliki Anastasiadou has said that Cyprus will not consent to any EU � Turkey aviation agreement if it does not take into account positions of principle and matters that have to do with flight security. Anastasiadou who appeared before a parliamentary committee on Thursday said afterwards that Nicosia FIR is overloaded due to military activities in the area and due to Turkey’s refusal to cooperate with the Republic of Cyprus’ authorities.

Pedieos linear park extension to receive funding by new Euros 17.7 bln EU facility

The Pedieos River Rehabilitation project in Nicosia was among the projects presented on Thursday, during an event in the Turkish-occupied part of the capital, where the European Commission announced the commencement of a new infrastructure facility with an initial budget of Euros 17.7 million. According to a relevant announcement, the “Local Infrastructure Facility” under the EU Aid Programme for the Turkish Cypriot community will extend over a three year period.

Cypriot MP says continued non-participation of Russia would not benefit PACE

Cypriot MP Giorgos Loukaides has said that continued non-participation in Parliamentary Assembly of the Council of Europe or further deterioration of the situation with its departure from other key bodies of the organization would be costly to the people of Russia and the operation and the organization’s prestige.

Cyprus trade deficit shrinks in January

Exports grew more than imports did in January, narrowing the trade deficit of Cyprus by Euros 138,8 mn. The Statistical Service reported on Thursday that the trade deficit was Euros 277,6 mn in January 2019 compared with Euros 416,4 mn in the corresponding month of 2018. The data agency said that total imports in January 2019 stood at Euros 811,2 mn compared with Euros 621,9 mn in January 2018, while total exports in January 2019 rose to Euros 533,6 mn compared with Euros 205,5 mn in January 2018.

House prices rise by 1.6% on an annual basis in Q4 2018

House prices in Cyprus rose by an annual 1.6% in the last quarter of the previous year, the Statistical Service announced on Thursday. According to a preliminary estimate of the Statistical Service, the House Price Index (HPI) in the fourth quarter of 2018 stood at 106,95 units. Compared to the third quarter of 2018, the HPI increased by 3.5% while compared to the Index of the corresponding quarter of 2017, the Index increased by 1.6%, said Cystat.

Government labour force up in March, as casual staff increases

Government labour force increased slightly by 108 persons or 0.2% in March 2019, compared with the same month of 2018 and reached 51.995 persons, a result of an increase in casual staff, figures released by the Statistical Service showed on Thursday. Cystat said that permanent staff decreased by 585 persons or 1.6%, while casual staff increased by 4.3% and reached 16.948 persons compared with 16.255 persons in March 2018.

Source: Cyprus News Agency