CNA News – CNA – Rebekah Gregoriades – CYPRUS/Nicosia 19/06/2019 12:24

Minister Christodoulides points to political and financial measures to be presented by the EC and the EESC against Turkey

The European Commission will come forward with proposals “for political and economic measures, including Turkeys pre-accession aid and high-level dialogue”, while “the EEAS will examine targeted measures falling within the Unions external action”, the Minister of Foreign Affairs, Nikos Christodoulides stated in Luxembourg, following the General Affairs Council which adopted conclusions on the illegal actions of Turkey in the Cyprus EEZ. Commissioner Hahn said funding or high-level meetings are to be included in the anti-Turkey measures. President Nicos Anastasiades said this was a positive development and expressed hope that there would be relevant results at the European Council in Brussels.

EU must utterly condemn Turkish actions in the Cyprus’ EEZ, Greek PM tells Tusk

Greek Prime Minister Alexis Tsipras asked President of the European Council Donald Tusk that the European Council condemns in the strongest terms Turkey’s illegal actions in the Cyprus’ Exclusive Economic Zone (EEZ).

President Anastasiades briefs OSCE Parliamentary Assembly President on Turkish provocations in Cyprus EEZ

President Anastasiades received on Tuesday the President of the OSCE Parliamentary Assembly President George Tsereteli whom he briefed on the Turkish provocations in the islands exclusive economic zone (EEZ). Tsereteli, who is paying Cyprus a visit, met earlier with House President Demetris Syllouris.

CBC sets countercyclical capital buffer at 0%

On 18 June 2019, the Central Bank of Cypus (CBC), in accordance with the methodology described in its macroprudential policy, set the countercyclical capital buffer CCyB rate for the period 1 July 2019 – 30 September 2019 at 0%.

Cyprus hoteliers say bookings down by 5-10% and suggest Cyprus should turn to new markets

Chairman of Cyprus Hotels Association Haris Loizides, said Tuesday that hotels bookings were 5% to 10% down according to the first data for 2019, pointing out the need for Cyprus to explore new markets that would contribute to the prolongation of the tourist season and the emergence of Cyprus as an all year-round destination.

Ireland wins European Transport Safety Council Road Safety Performance Index, Cyprus and Greece rank low

Ireland is the winner of this year’s European Transport Safety Council Road Safety Performance Index (PIN) award, while Cyprus and Greece rank 20th and 25th among 32 countries ranked (EU28, plus Norway, Israel, Serbia and Switzerland). The annual award is presented to a European country that has demonstrated continued progress on road safety combined with a strategic approach to tackling the problem across government.

Environment is relevant to UNFICYP’s peace efforts in Cyprus, says Spehar

The environment is relevant to UNFICYP’s peace efforts in Cyprus, said Special Representative of the Secretary-General (SRSG) and Head of Mission, Elizabeth Spehar. She was addressing an event last week organised by UNFICYP’s Environmental Committee organized to commemorate World Environment Day, annually celebrated on 5 June.

Art Studio students create pelican from recyclable materials

Chalk and plastic bottles collected by students and environmentally-aware adults were turned into a work of art, a pelican, sending its own messages for the necessity to protect the environment from plastic waste. The initiative belongs to Art Studio, of Katerina Foukara and Artenty Lyseknov, who aim at helping students create works of art with the use of everyday waste materials.

Eurostat: Cyprus registers lowest inflation in EU, negative trade balance, house prices up

Cyprus registered the lowest annual inflation in the EU for April 2019, with 0.2%, according to Eurostat, the statistical office of the European Union. Eurostat also said the total value of the exports of Cyprus reached Euros 1.2 billion, a drop of -28% compared to the same period of last year (Euros 0.7 billion in the EU, or 96% increase and Euros 0.4 billion with the rest of the world, or -64% drop). Furthemore, house prices grew 15 % in the EU, 11 % in the euro area and dropped by 8% in Cyprus between 2010-2018.

Statistical Service: Tourist arrivals down, construction materials record marginal increase

Tourist arrivals in May 2019 recorded a decrease of 3.5%, reaching 434,578, compared to 450,495 in May 2018, according the results of the Passenger Survey published by the Statistical Service of Cyprus. Meanwhile, the Price Index of Construction Materials for May 2019 reached 101.53 units (base year 2015=100.00), recording a marginal increase of 0.01% compared to April 2019.

Source: Cyprus News Agency