CNA News – CNA – Rebekah Gregoriades – CYPRUS/Nicosia 10/04/2019 12:53

President says political equality as interpreted by the Turkish Cypriot side is not acceptable

President of Cyprus Nicos Anastasiades said on Tuesday that political equality, as interpreted by the Turkish Cypriot side, cannot lead to a functional and viable state and for this reason it cannot be accepted. Greek Cypriot negotiator Andreas Mavroyiannis said the continuation of the negotiations on the Cyprus problem is the only way forward for the Greek Cypriot side, which does not consider that there are really any alternatives. Meanwhile, in a press release, the Presidency said the only thing Turkish Cypriot leader Mustafa Akinci aims to do by stipulating his demands is to take hostage and subjugate Cyprus to Turkey’s full control.

Bipartisan bill to lift arms embargo to Cyprus introduced in US Senate, Senator warns Pompeo of Golan Heights dangers for Cyprus

A bipartisan bill seeking to lift the arms embargo to Cyprus, which has been in place since 1987 was introduced by Democrat Senator Bob Menendez of New Jersey, Ranking Member of the Senate Foreign Relations Committee, and Republican Senator Marco Rubio of Florida. Meanwhile, US Senator Chris Van Hollen of Maryland has warned US Secretary of State Mike Pompeo that recognising the Golan Heights as Israeli territory was a dangerous, slippery slope, and would serve Turkish President Recep Tayyip Erdogan in the case of Cyprus.

Economic ties an indispensable part of political relationship, FM tells business forum in Beirut

Cyprus Foreign Minister Nikos Christodoulides told a business forum in Beirut on Wednesday that strong economic ties are an indispensable part to strong political ties. Christodoulides is in Beirut for the first trilateral meeting at Foreign Minister level between Cyprus, Greece and Lebanon.

NPLs remain high that we should tackle, President Anastasiades stresses at a swearing-in ceremony for new CBC Governor

The level of non-performing loans (NPL), although significantly reduced, remains high and is a challenge that we should tackle in common, Cyprus President Nicos Anastasiades said on Tuesday, speaking at a swearing-in ceremony for the new Central Bank of Cyprus Governor Constantinos Herodotou.

Glafkos gas field discovery gives new impetus in Cyprus EEZ, CHC chairwoman says

The discovery of a new gas field by ExxonMobil and Qatar Petroleum has given a new impetus to Cyprus’ Exclusive Economic Zone, the Chairwoman of the Cyprus Hydrocarbons Company (CHC), Toula Onoufriou, said on Tuesday, after handing over to the President of the Republic a report on the first five years of CHC.

House President refers to democratic deficit, during EU Conference in Vienna

President of the House of Representatives Demetris Syllouris has pointed out the failure of the EU to restore the trust of European citizens in European institutions, noting that the democratic deficit is being used to disorientate European citizens from the joint European vision.

IMF lowers economic growth forecast for Cyprus

The International Monetary Fund (IMF) has cut its growth forecast for the Cypriot economy, projecting a growth of 3.5% in 2019, down 0.7 percentage points from its earlier forecast in October, according to the funds latest World Economic Outlook (WEO) report released on Tuesday.

President Anastasiades to attend Special European Council on Brexit

President of Cyprus Nicos Anastasiades departs Wednesday morning for Brussels, to attend the Special European Council (Article 50), which will take place in the afternoon of the same day.

Organisation of Relatives of Missing Persons calls upon Russia and USA for assistance

The Pancyprian Organisation of Relatives of Undeclared Prisoners and Missing Persons called upon Russia and the USA to help towards securing the necessary cooperation, so that the mandated effective investigation should be pursued for all missing persons in Cyprus.

Trade deficit declines, newly registered vehicles drop

Cyprus’ trade deficit recorded a significant drop in the first two months of the year, as exports rose significantly by Euros 300 mln, compared to the same period last year, according to the Statistical Service. It also said that the total registrations of motor vehicles decreased by 16.0% to 10,920 between January and March 2019, from 13,002 vehicles in the same period of 2018.

Source: Cyprus News Agency