CNA News – CNA – Rebekah Gregoriades-Athena Arsalidou – CYPRUS/Nicosia 21/04/2018 12:29

Our countrys efforts are being recognized, FinMin says referring to Fitch upgrade

The progress of our country is being recognized, Cyprus Finance Minister Harris Georgiades has stressed, commenting on the upgrade by the Fitch rating agency of Cyprus Long-Term Foreign-Currency Issuer Default Rating (IDR) to BB+ from BB with a positive outlook. Georgiades wrote on twitter that there are still some difficulties ahead that need to be addressed, but expressed conviction that the continuation of the efforts can bring even higher results.

CHOGM Communique conveys leaders support for Cyprus

The leaders of the Commonwealth member countries that participated in this week’s Commonwealth Heads of Government Meeting (CHOGM) in London and at Windsor Castle have expressed their support for Cyprus’ sovereignty and for the resumption of the Cyprus issue settlement talks.

President Anastasiades addresses Turkey’s illegal behaviour during Commonwealth summit

President Anastasiades has updated fellow Commonwealth leaders on Turkey’s illegal activities in the Republic’s Exclusive Economic Zone. Intervening at the Commonwealth Heads of Government Meeting. he expressed his gratitude for the member countries’ long-standing support for Cyprus’s efforts for a just and viable settlement of the Cyprus problem, and for the inclusion of a paragraph on this issue in the CHOGM Final Communique.

Foreign Minister statement on the significance of the Commonwealth summit

Cyprus, along with Malta, has a special role to play in bringing the Commonwealth and the European Union closer together, given the UK’s departure from the EU, said Foreign Minister Nikos Christodoulides.

Parliament calls on international community to recognise Armenian genocide

The Cypriot parliament has called on the international community to recognise and condemn the Armenian genocide. Even today, House Speaker Demetris Syllouris aid, “Turkey continues to be provocative, describing the murder of one and a half million of Armenians as displacement and continues without remorse a policy of ethnic minority cleansing with its criminal actions against the Kurds in Syria.”

Education Minister underlines youth participation at Larnaca’s Euro-Med Youth Forum

The Ministry of Education and Culture supports efforts by the Youth Board of Cyprus for young people to actively participate in social activities, Education Minister Costas Hambiaouris said on Friday.

Cyprus’ fiscal debt at 97.5% of GDP in 2017

Cyprus’ fiscal debt in 2017 was Euros 19.213,8 million, which corresponds to 97.5% of GDP, according to preliminary fiscal results for 2017, which have been audited and verified within the Excessive Deficit Procedure framework of the European Commission.

Employment rate of people aged 20 to 64 in the EU reached a new peak at 72.2% in 2017

In 2017, the employment rate of people aged 20 to 64 in the European Union (EU) stood at 72.2%, up compared with 2016 (71.1%). In Cyprus, employment of persons aged between 20 to 64 years, was 68.7% in 2016 (73.8% for males and 64.1% for females) and increased to 70.7% in 2017 (75.6% for males and 66.2% for females). The national target for Cyprus is to reach 75.0% by 2020.

Industrial turnover increases 10.8% in January

The Industrial Turnover Index recorded an increase of 10.8% in January 2018 compared to January 2017, according to the Statistical Service of Cyprus.

Source: Cyprus News Agency