CNA News – CNA – Maria Koniotou – Nicosia 15/06/2018 14:06

Any international law violations will addressed by diplomatic means, government says

Any international law violations will be addressed by diplomatic means, Government Spokesman Prodromos Prodromou has said, adding that the government will not follow in the footsteps of Turkey, who is trying to create tension. Prodromou was commenting, on Thursday, statements by Turkish Foreign Minister Mevlut Cavusoglu that the country will start drilling around Cyprus.

FM discusses Austrian Presidency, Cyprus problem, eastern Mediterranean and Brexit on working visit to Vienna

The priorities of the Austrian Presidency of the Council of the EU, the Cyprus problem, Brexit and the situation in the Eastern Mediterranean were on the agenda of the talks FM Nicos Christodoulides held in Vienna. The FM held a working visit to Vienna and met with his counterpart Karin Kneissl ahead of the Austrian EU Presidency starting on July 1st.

European fiscal framework rules need to be simplified, Finance Minister says

Finance Minister Harris Georgiades has expressed the view that the rules of the European fiscal framework ought to undergo a reform and become more simplified. Georgiades was addressing on Thursday evening a round table discussion, organised by the Cyprus Economists Association.

Cyprus and France sign military cooperation programme

Cyprus and France have signed a bilateral military cooperation programme, in the context of a visit Defence Minister Savvas Angelides paid to Paris. According to a press release, Angelides, completed yesterday his visit to the French capital where he held a series of meetings with his French counterpart Florence Palry, Chairman of the Defence Committee Jean – Jacques Bridey and President of the Cyprus – France Friendship Group in Frances National Assembly Sarh El Hairy.

Israel cannot find a better friend in the region than Cyprus, Ambassador Revel says

Israel cannot find a better friend in the region than Cyprus, and Cyprus a better friend than Israel, Israeli Ambassador in Nicosia Shmuel Revel said after a meeting he had on Friday with EDEK party leader Marinos Sizopoulos. “We are facing together common challenges, challenges coming from extremist forces and we together share the values of democracy, stability, security for our people and we want to see also prosperity for the region,” Revel said, adding that “we have to work together to ensure it.”

Cyprus registers 1.3 billion euro trade deficit in April 2018

The first estimate for Cyprus exports of goods to the rest of the world in April 2018 was Euros 1.6 billion, an increase of 99% compared with April 2017 (Euros 0.4 billion to the EU or 6% increase and Euros 1.2 billion ouside the EU or 167% increase). Imports from the rest of the world stood at Euros 2.9 billion a 19% increase (Euros 1.6 biilion from the EU, 11% increase and Euros 1.3 outside the EU or 32% increase).

Job vacancies up by 10.7% in Q1 2018

The number of job vacancies in the 1st quarter of 2018 in Cyprus was 3,761, recording an increase of 10.7% compared to the same quarter of the previous year and of 15.2% compared to the 4th quarter of 2017. According to a press release issued on Thursday by the Statistical Service of Cyprus, the job vacancy rate for the 1st quarter of 2018 was 1.2%, while the job vacancy rate for the previous quarter was 1% and the 1st quarter of 2017 was 1.1%. Meanwhile, during the 1st quarter of 2018 the employment in Cyprus’ Broad Public Sector increased by 1,214 persons (1.84%) compared to the same quarter of 2017.

Inflation in Cyprus stands at 1.0% in May 2018, according to Eurostat

Euro area annual inflation rate was 1.9% in May 2018, up from 1.3% in April, according to Eurostat, the statistical office of the European Union. A year earlier, the rate was 1.4%. Inflation in Cyprus stood at 1.0% in May 2018 (it was 0.9% a year earlier), up from -0.3% in April 2018. The European Union annual inflation was 2.0% in May 2018, up from 1.5% in April. A year earlier, the rate was 1.6%. Meanwhile, hourly labour costs rose by 2.1% in Cyprus in Q1 2018

Cyprus can become a digital era pioneer, conference hears

Cyprus can become a pioneer in digital economy and digital society, House President Demetris Syllouris said on Thursday. He also underlined the need to create a Network for Innovation and Smart Development, to take advantage of the benefits of the Fourth Industrial Revolution that fuses the digital, physical and biological worlds. Addressing the opening ceremony of a conference, organized by the House of Representatives, in Nicosia, Syllouris said that Cyprus ranks at the bottom when it comes to digital maturity.

Cyprus supports the Commissions proposal to increase Erasmus funding

Cyprus welcomes the European Commissions proposal to increase the funding of the Erasmus program to 30 billion for 2021-2027, the Permanent Secretary of the Ministry of Education and Culture, Egly Pantelakis has said. Pantelakis attended the meeting of the High Level Group on Education and Training of the upcoming Austrian Presidency of the Council of the European Union. During the meeting the priorities of the Austrian Presidency in the fields of Education and Higher Education were presented, under the motto “A Europe that protects”.

Source: Cyprus News Agency