CNA News – CNA – RalliPapageorgiou – ?ICOSIA 14/12/2018 14:24

President to receive UN envoy on Sunday morning

The UN diplomat is expected to the island late this evening to hold talks with Anastasiades and Akinci in the framework of her consultations with the parties involved in efforts to solve the Cyprus problem, with a view to reach an agreement on the terms of reference that will pave the way for the resumption of the negotiations for a settlement.

Hungary considers realistic the extraction and transfer of natural gas from Aphrodite field

Hungary considers realistic the extraction and transfer of natural gas from Aphrodite gas field, said here Friday its Foreign Minister Peter Szijiarto, after talks with his Cypriot counterpart Nikos Christodoulides. The two Ministers signed a memorandum of understanding for cooperation in the energy field.

Budget bill for 2019 to be voted on Friday

he House of Representatives will vote on Friday afternoon the State Budget for 2019. The State Budget provides for Euros 5,457,370,805 expenditure, while the government amendments increase it by Euros 16 million. Total revenue is forecast at Euros 6,668,435,492. Total expenditure, including loans, is Euros 9,054,250,687.

Cyprus problem and Eastern Mediterranean discussed during Greece-US strategic dialogue

The Cyprus problem and the situation in the Eastern Mediterranean were discussed during the Greece-US strategic dialogue launced on Thursday in Washington, focusing on regional defense, security and energy.

Cyprus President discusses with May the British Bases issue ahead of Brexit

The President of the Republic of Cyprus Nikos Anastasiades held a brief discussion with British Prime Minister Teresa May on the protocol concerning the sovereign British Bases in the island. Their discussion took place on the sidelines of the European Council meeting in Brussels, Government Spokesman ProdromosProdromou said.

Cypriot Minister of Defence meets his Irish counterpart in Dublin

Cypriot Minister of DefenceSavvasAngelides, met in Dublin with his Irish counterpart Paul Kehoe during an official visit to Ireland.

Hourly labour costs grew both in Cyprus and the Eurozone by 2.5% during Q3 2018

Hourly labour costs rose by 2.5% in the euro area (EA19), by 2.7% in the EU28 and by 2.5% in Cyprus during the third quarter of 2018, compared with the same quarter of the previous year, according to Eurostat, the statistical office of the European Union.

Moody’s update on RCB Bank highlights high capital adequacy, low NPL’s ratio

Moody’s Investors Service has published its updated credit analysis report on RCB, highlighting as the Bank’s strengths the low NPL ration and the high capital adequacy, an RCB press release says.

Actual Individual Consumption in Cyprus remains at 92% of the EU average in 2017

Actual Individual Consumption (AIC, a measure of material welfare of households across the Member States) expressed in Purchasing Power Standards (PPS) varied from 54% of the European Union (EU) average in Bulgaria to 132% in Luxembourg, according to data released today by Eurostat, the statistical service of the EU. In Cyprus AIC per capita stood at 92% (same as 2016) while GDP per capita was 85% (increase form 84% in 2016).

Households internet access and use up in 2018

Households internet access was up in 2018 by 6,8%, while online orders for goods or services was down by 1.1% in the first quarter of this year on an annual basis.

Source: Cyprus News Agency