CNA News – CNA – Kyriaki Christodoulou – Nicosia 22/07/2018 15:38

We are ready to negotiate a Cyprus solution based on an agreed procedure, says Spokesman

The Greek Cypriot side is ready to negotiate a Cyprus solution that will end the Turkish occupation and will be viable and functional, Government Spokesman Prodromos Prodromou has said. Speaking on Sunday during a memorial service for the fallen heroes of the village of Lythrodontas, who lost their lives during the 1974 Turkish invasion of the island, the Spokesman referred to the meeting President Nicos Anastasiades will have on Monday morning with UNSG Special envoy Jane Hall Lute Lute.

Cyprus FM and Japanese State Minister of Foreign Affairs to discuss ways to enhance bilateral relations

The Cyprus issue, bilateral relations and ways of further enhancement of bilateral ties, as well as regional and international issues will be on the agenda of a meeting Foreign Minister Nikos Christodoulides will hold on Monday with Japans State Minister of Foreign Affairs, Kazuyuki Nakane who is paying Cyprus an official visit. According to a press release by the Foreign Ministry, during the meeting the two Ministers will look into specific ways of strengthening bilateral relations in areas such as trade, investment, tourism and crisis management. The Cyprus issue will also be discussed as well as regional and international issues of mutual interest.

Energy Minister: We take all necessary measures to ensure Exxons exploratory programme

Cyprus takes all necessary measures to ensure that US energy giant, ExxonMobil’s exploratory programme in the Cypriot exclusive economic zone (EEZ) proceeds smoothly, Energy Minister Yiorgos Lakkotrypis said on Sunday, reiterating that developments in the Cyprus problem should not affect the country’s energy programme. ExxonMobil, which along with Qatar Petroleum has been awarded the exploration license in block 10, will carry out two exploration wells in the fourth quarter 2018, Lakkotrypis said, speaking to the press in Larnaca.

Cyprus’ central government debt rises to 20.4 billion in the first half of 2018

Cyprus central government’s debt rose to Euros 20.43 billion in the first half of 2018 recording an increase of 11.6% compared with December 2017, according to data released by the Finance Ministry’s Public Debt Management Office (PDMO). In absolute terms, the increase amounted to Euros 2.12 billion due to the issuance of domestic government bonds amounting to Euros 2.35 billion to facilitate the sale of the state-owned Cyprus Cooperative Bank to Hellenic Bank. The rise was partly of the offset by the first payment to the loan Cyprus received in 2011 from the Russian Federation which now amounts to Euros 2.18 billion.

Source: Cyprus News Agency

CNA News – CNA – Kyriaki Christodoulou – Nicosia 22/07/2018 15:38

We are ready to negotiate a Cyprus solution based on an agreed procedure, says Spokesman

The Greek Cypriot side is ready to negotiate a Cyprus solution that will end the Turkish occupation and will be viable and functional, Government Spokesman Prodromos Prodromou has said. Speaking on Sunday during a memorial service for the fallen heroes of the village of Lythrodontas, who lost their lives during the 1974 Turkish invasion of the island, the Spokesman referred to the meeting President Nicos Anastasiades will have on Monday morning with UNSG Special envoy Jane Hall Lute Lute.

Cyprus FM and Japanese State Minister of Foreign Affairs to discuss ways to enhance bilateral relations

The Cyprus issue, bilateral relations and ways of further enhancement of bilateral ties, as well as regional and international issues will be on the agenda of a meeting Foreign Minister Nikos Christodoulides will hold on Monday with Japans State Minister of Foreign Affairs, Kazuyuki Nakane who is paying Cyprus an official visit. According to a press release by the Foreign Ministry, during the meeting the two Ministers will look into specific ways of strengthening bilateral relations in areas such as trade, investment, tourism and crisis management. The Cyprus issue will also be discussed as well as regional and international issues of mutual interest.

Energy Minister: We take all necessary measures to ensure Exxons exploratory programme

Cyprus takes all necessary measures to ensure that US energy giant, ExxonMobil’s exploratory programme in the Cypriot exclusive economic zone (EEZ) proceeds smoothly, Energy Minister Yiorgos Lakkotrypis said on Sunday, reiterating that developments in the Cyprus problem should not affect the country’s energy programme. ExxonMobil, which along with Qatar Petroleum has been awarded the exploration license in block 10, will carry out two exploration wells in the fourth quarter 2018, Lakkotrypis said, speaking to the press in Larnaca.

Cyprus’ central government debt rises to 20.4 billion in the first half of 2018

Cyprus central government’s debt rose to Euros 20.43 billion in the first half of 2018 recording an increase of 11.6% compared with December 2017, according to data released by the Finance Ministry’s Public Debt Management Office (PDMO). In absolute terms, the increase amounted to Euros 2.12 billion due to the issuance of domestic government bonds amounting to Euros 2.35 billion to facilitate the sale of the state-owned Cyprus Cooperative Bank to Hellenic Bank. The rise was partly of the offset by the first payment to the loan Cyprus received in 2011 from the Russian Federation which now amounts to Euros 2.18 billion.

Source: Cyprus News Agency