CNA News – CNA – Rebekah Gregoriades – CYPRUS/Nicosia 14/03/2019 12:30

Cyprus problem still unresolved due to Turkey’s insistence on guarantees, Spokesman says

A Cyprus settlement has not been reached yet due to Turkey’s insistence to maintain guarantees and the Turkish army on the island, Government Spokesman Prodromos Prodromou has said. Prodromou met on Wednesday at the Presidential Palace with a group of foreign diplomats and commercial attaches, who are stationed in Athens and are accredited to the Republic of Cyprus. The group is visiting Cyprus at the initiative of the commercial department of the Embassy of the Republic of Cyprus in Athens to learn more on Cyprus products, services and investment opportunities.

Brexit must be resolved to remove uncertainty, ACCA’s VP says

The UK’s exit from the European Union should be resolved to remove uncertainty, ACCA’s Vice President Mark Millar has told CNA, adding that uncertainty affects the economy.

New industrial port of Vassilikos expected by 2023 Minister of Transport tells CNA

The cost of construction of the new industrial port in Vasilikos which will operate as a service centre for oil and gas industry in Cyprus and the wider region is estimated to reach Euros 250 million and expected to be ready by 2023.

US State Department publishes Cyprus Report on Human Rights Practices for 2018

The US State Department has published its Country Reports on Human Rights Practices for 2018, which include Cyprus. The Cyprus report is divided into two parts, “Republic of Cyprus” and “Area administrated by Turkish Cypriots”.

The Council should use the Customs Union modernization to exert pressure on Turkey on Human Rights, says EP rapporteur

The Council of the Member States should use visa liberalization and the modernization of the customs union as a means of putting pressure on Turkey to reverse the human rights situation and the rule of law in Turkey, Kati Piri, the European Parliament’s rapporteur suggested today, while presenting the last progress report on Turkey, for the current legislative term.

Compliance with EASA suspension of Boeing 737 Max operations unlikely to affect Cyprus

Compliance with the EASA directive to suspend all Boeing 737 MAX operations in Europe is unlikely to affect Cyprus to any extent, the Head of Safety Regulation Unit at Civil Aviation, Andreas Paspalides has told CNA.

Deputy Tourism Minister says Russian market expected to boost Cyprus tourist industry this summer

Deputy Minister of Tourism Savvas Perdios told the Cyprus News Agency (CNA) on Wednesday that the Russian market is expected to boost the tourist industry of Cyprus this summer.

Young students to present scientific projects at first sCYence Fair of The Cyprus Institute

The Cyprus Institute is organising for the first time the sCYence FAIR 2019, which aims to stimulate scientific interest, encourage participation by young students and support the next generation of scientists from Cyprus.

Net demand for loans increases in Q4 2018, NPEs up at end of November

Net demand for loans in Cyprus, both by businesses and by households, continued to increase in the fourth quarter of 2018, according to the Banking Survey for January 2019, which was published on Wednesday by the Central Bank of Cyprus. Furthermore, the Central Bank said Non-Performing Exposures (NPEs) recorded an increase of Euros 10 million at the end of November 2018 compared to the end of October 2018.

Building permits rise for the 4th consecutive year

The building permits issued in 2018 reached 6.408, recording an upward trend for the fourth consecutive year. Figures released by the Statistical Service on Wednesday showed that the number of building permits issued between January and December 2018 increased 11.9%, compared to 5.728 in the corresponding period of the previous year.

Source: Cyprus News Agency