CNA News – CNA – Rebekah Gregoriades – Nicosia 24/04/2019 12:49

UNSGs report on Cyprus circulates as official document

The Report of the UN Secretary-General on his mission of good offices in Cyprus circulated as an official document of the UN Security Council, number S/2019/322. Press here for the full text of the report.

Talks under way for flights between Alexandria and Cyprus at cost of Euros 60

Alexandria Governor Abdel Aziz Konsowa has told House of Representatives President Demetris Syllouris that the city is in talks with low cost airlines aiming to connect Cyprus with Alexandria with a flight that would cost Euros 60.

Eighteen suspected minefields have been identified with a view to be cleared, UN source tells CNA

Eighteen suspected hazardous areas, which may be contaminated with mines, have been identified in Cyprus, with a view to proceed with the implementation of the Confidence Building Measure on demining agreed last February between Cyprus President Nicos Anastasiades and Turkish Cypriot leader Mustafa Akinci. Nine of these areas are situated in the government-controlled areas of the island and nine in the Turkish occupied part.

Cyprus to tap the markets with 5-year and 30-year bonds

Cyprus has mandated investment banks to manage a double bond issue comprising a 5-year and a 30-year euro denominated bonds, the Ministry of Finance has announced. Finance Minister Harris Georgiades has said the Ministry is considering an early repayment of the loan it obtained in 2011 from the Russian Federation. The loan’s outstanding amount is Euros 1.57 billion.

Travel exhibition Taxidi 2019 opens on May 3

Travel exhibition “Taxidi 2019” opens its gates on May 3 to offer travellers comprehensive information on tourist destinations abroad as well as on Cyprus tourist product, amidst increased outbound trips and projections from tour operators that tourist arrivals would reach last year’s numbers.

Let’s Do It! Cyprus gathers 49,560 volunteers this year, Environment Commissioner’s Office says

With 49,560 volunteers, accounting for 5,9% of the population, the Let’s Do It! Cyprus campaign was carried out once again, lasting one week. During the campaign, organised by the network of volunteers Together Cyprus and the Office of the Environment Commissioner, more than 510 groups cleaned areas of the island pointed out mainly by the local authorities.

Cyprus budget deficit reaches 4.8%, Greeces budget surplus at 1.1% according to Eurostat

In 2018, the government deficit and debt of both the euro area (EA19) and the EU28 decreased in relative terms compared with 2017. Cyprus debt is estimated at 21.258 billion (or 102.5% of GDP, while GDP stands at 20.731billion), government deficit at -990 million (or -4.8%), with revenues at 39.9% and expenditure at 44.7% of GDP.

Cyprus’ trade deficit down by 33% in January 2019

Cyprus’ trade deficit in January 2019 declined to Euros 277.6 million, marking a reduction of 33% compared to 416.4 million in January 2018. The reduction is mainly due to rising exports, associated with exports of stores and provisions for ships and airplanes, according to the Statistical Service.

Source: Cyprus News Agency

CNA News – CNA – Rebekah Gregoriades – Nicosia 24/04/2019 12:49

UNSGs report on Cyprus circulates as official document

The Report of the UN Secretary-General on his mission of good offices in Cyprus circulated as an official document of the UN Security Council, number S/2019/322. Press here for the full text of the report.

Talks under way for flights between Alexandria and Cyprus at cost of Euros 60

Alexandria Governor Abdel Aziz Konsowa has told House of Representatives President Demetris Syllouris that the city is in talks with low cost airlines aiming to connect Cyprus with Alexandria with a flight that would cost Euros 60.

Eighteen suspected minefields have been identified with a view to be cleared, UN source tells CNA

Eighteen suspected hazardous areas, which may be contaminated with mines, have been identified in Cyprus, with a view to proceed with the implementation of the Confidence Building Measure on demining agreed last February between Cyprus President Nicos Anastasiades and Turkish Cypriot leader Mustafa Akinci. Nine of these areas are situated in the government-controlled areas of the island and nine in the Turkish occupied part.

Cyprus to tap the markets with 5-year and 30-year bonds

Cyprus has mandated investment banks to manage a double bond issue comprising a 5-year and a 30-year euro denominated bonds, the Ministry of Finance has announced. Finance Minister Harris Georgiades has said the Ministry is considering an early repayment of the loan it obtained in 2011 from the Russian Federation. The loan’s outstanding amount is Euros 1.57 billion.

Travel exhibition Taxidi 2019 opens on May 3

Travel exhibition “Taxidi 2019” opens its gates on May 3 to offer travellers comprehensive information on tourist destinations abroad as well as on Cyprus tourist product, amidst increased outbound trips and projections from tour operators that tourist arrivals would reach last year’s numbers.

Let’s Do It! Cyprus gathers 49,560 volunteers this year, Environment Commissioner’s Office says

With 49,560 volunteers, accounting for 5,9% of the population, the Let’s Do It! Cyprus campaign was carried out once again, lasting one week. During the campaign, organised by the network of volunteers Together Cyprus and the Office of the Environment Commissioner, more than 510 groups cleaned areas of the island pointed out mainly by the local authorities.

Cyprus budget deficit reaches 4.8%, Greeces budget surplus at 1.1% according to Eurostat

In 2018, the government deficit and debt of both the euro area (EA19) and the EU28 decreased in relative terms compared with 2017. Cyprus debt is estimated at 21.258 billion (or 102.5% of GDP, while GDP stands at 20.731billion), government deficit at -990 million (or -4.8%), with revenues at 39.9% and expenditure at 44.7% of GDP.

Cyprus’ trade deficit down by 33% in January 2019

Cyprus’ trade deficit in January 2019 declined to Euros 277.6 million, marking a reduction of 33% compared to 416.4 million in January 2018. The reduction is mainly due to rising exports, associated with exports of stores and provisions for ships and airplanes, according to the Statistical Service.

Source: Cyprus News Agency