CNA News – CNA – Rebekah Gregoriades – CYPRUS/Nicosia 30/10/2018 12:47

We expect Turkey to display political resolve for Cyprus problem solution, President says

A viable and functional solution of the Cyprus issue shall yield tremendous benefits, representing a model of peaceful coexistence, President of the Republic of Cyprus Nicos Anastasiades said in his speech at the 3rd EU-Arab World Summit: Shared Horizons, taking place in Athens. On the sidelines of the meeting, President Anastasiades met with Greek Prime Minister Alexis Tsipras.

Cyprus’ Foreign Minister to start his US visit probably on November 6

Cyprus’ Foreign Minister Nikos Christodoulides will start his visit to the United States, probably on November 6, where he is scheduled to meet with US Secretary of State Mike Pompeo and other officials. While in Washington, Christodoulides will also meet with US Assistant Secretary of State for European and Eurasian Affairs, Wess Mitchell.

Economic growth to exceed 3%, Finance Minister says while presenting 2019 budget

The Cypriot economy is expected to grow more than 3% over the next three years, said Finance Minister Harris Georgiades, while highlighting university education, research and innovation as the next priority areas. The Minister also noted there was no economic bubble.

Improved public finances are accompanied by stronger social spending, government says

The improvement in public finances is accompanied by social spending, Government Spokesman Prodromos Prodromou says. He adds that the key government policy, to distribute the benefits of economic growth among citizens, is also being implemented.

Presidential Commissioner warns Committee on Missing Persons risks closure

Presidential Commissioner Photis Photiou has warned that the Committee on Missing Persons is faced with the danger of closure due to the lack of new evidence, while the fate of the majority of missing persons in Cyprus is yet to be determined, and has called on Turkey to finally cooperate in order to put an end to the ordeal of relatives.

Auction for 13-week T-Bills attracts tenders worth Euros 85 mln

Tenders worth Euros 85 mln were accepted during the 13-Week Treasury Bills Auction with a weighted average yield of -0.22%, the Finance Ministry’s Public Debt Management Office announced.

CBM on mobile phones connection at competent authorities meeting on Thursday, source tells CNA

There have been no developments regarding the implementation of the confidence building measure that would enable the connection of mobile phones on both sides of the divide, a well-informed source told the Cyprus News Agency on Monday.

General Government surplus at 3.7% of GDP

Cyprus recorded a General Government surplus of Euros 769.7 million or 3.7% of GDP, in the period January-September 2018, according to data released by the Statistical Service of Cyprus.

Economic sentiment in Cyprus drops in October due to services

Economic sentiment in Cyprus declined in October, with the Economic Sentiment Indicator (ESI) dropping by 2.4 points compared to the previous month, due to the deterioration of confidence in the services sector.

Sales of petroleum products up 13.5% in September 2018

Total sales of petroleum products in September 2018 recorded an increase of 13.5% compared to the previous month, according to data released by the Statistical Service of Cyprus.

Source: Cyprus News Agency