CNA News – CNA – Kyriaki Christodoulou – Nicosia 05/05/2018 12:35

Spokesman: Will wait to see how things evolve after our positive response to dispatch of UN envoy

Government Spokesman Prodromos Prodromou said on Friday that the Greek Cypriot side has given a positive response to the UN concerning the dispatch of a UN Secretary Generals envoy in order to explore, through consultations with the parties, the prospect of resuming the negotiating process on the Cyprus problem, and is now expecting to see how things will evolve.

Mavroyiannis and Zackheos inspect works for the opening of Dherynia crossing point

The negotiator of the Greek Cypriot side Andreas Mavroyiannis and the Greek Cypriot Head of the Bicommunal Technical Committee on Crossing Points, Sotos Zackheos inspected on Friday the works underway in the government-controlled areas of the island, for the opening of Dherynia crossing point, in Famagusta district.

Mayor of Famagusta and MEP Hadjigeorgiou urge people to attend Famagusta events

Mayor of Famagusta Alexis Galanos and Euro MP Takis Hadjigeorgiou urged people from the Turkish occupied town of Famagusta to participate in the visit of a delegation of the European Parliaments Committee on Petitions next week to demonstrate their will for the return of the city, in accordance with UN resolutions.

Cypriot and Greek Egyptians are welcome to return, says Egyptian Minister

Cypriot Egyptians and Greek Egyptians are welcome to return to Egypt, if they wish to do so, since this is their second country, Nabila Makram, the Minister of Immigration and Egyptian Expatriates Affairs said Friday.

Hahn: Extension of state of emergency in Turkey does not ensure free and fair elections,

The extension of the state of emergency in Turkey will certainly not help to ensure free and fair elections in June, European Commissioner for Enlargement Johannes Hahn said Friday addressing a Conference on Press Freedom in Turkey, at the European Parliament.

FinMin outlines strategy to bring down NPLs by Euros 8 billion in 2018

The Cyprus Finance Ministry outlined a three-pillar strategy aiming to swiftly reduce the level of Non-performing loans by 40% in 2018 or Euros 8.2 billion, compared with 2017. According to the Stability Programme for 2018-2021 issued today, the plan provides for a series of reforms in legal framework governing NPL management, the sale of the Cyprus Cooperative Bank and the implementation of a scheme called ESTIA to use public money to help households repay mortgage loans secured by primary residences. Finance Minister said there is no room for fiscal loosening, commenting on the European Commission’s Spring 2018 Economic Forecast.

US Treasury Assistant Secretary encouraged by meetings in Cyprus

The United States have been encouraged by the commitments made by Cypriot officials in the framework of meetings US Department of the Treasury Assistant Secretary for Terrorist Financing Marshall Billingslea held on Friday and will continue to work with Cyprus to combat corruption, money laundering, and other financial threats.

Chiefs of Greek and Cyprus Police agree to strengthen cooperation

The Chiefs of Police of Cyprus and Greece have agreed to further strengthen cooperation between the forces, in various sectors, especially combatting terrorism. Chief of the Hellenic Police Constantinos Tsouvalas is currently in Cyprus and met on Friday with Chief of the Cyprus Police Zacharias Chrysostomou and Minister of Justice and Order Ionas Nikolaou.

Retail trade volume up by 0.1% in euro area for March 2018, up by 2.1 in Cyprus for January 2018

In March 2018 compared with February 2018, the seasonally adjusted volume of retail trade increased by 0.1% in the euro area (EA19) and decreased by 0.1% in the EU28, according to estimates from Eurostat, the statistical office of the European Union.

Gross electricity generation from nuclear plants within the EU stands at 839.700 GWh

Gross electricity generation from nuclear plants within the EU Member states stood at 839.700 gigawatt hours (GWh), about a quarter (25.8%) of the total electricity produced in the EU in 2016, according to Eurostat the statistical service of the EU, while France alone accounts for half of that amount.

Source: Cyprus News Agency