CYPRUS REVIEW – AUGUST 2022 – Cyprus News Gazette

Serbian FM in Cyprus, Western Balkans, Ukraine, Cyprus issue and bilateral on the agenda

Bilateral relations, the Cyprus issue, Ukraine and Western Balkans will be on the agenda of a meeting between the Foreign Ministers of Cyprus and Serbia on Monday. According to a press release by the Cyprus Foreign Ministry, Serbian Foreign Affairs Minister Nikola Selakovic pays on Monday a working visit to Cyprus, during which he will hold a tête-à-tête meeting with Minister Ioannis Kasoulides followed by consultations with the participation of delegations from the two Ministries.

Cyprus and Serbia FMs condemn unilateral actions, stress need to respect sovereignty of all states

Cyprus and Serbia Ministers of Foreign Affairs, Ioannis Kasoulides and Nikola Selakovic condemned the unilateral actions and stressed need to respect sovereignty of all states, while confirming the excellent level of the countries’ relations. Cyprus Foreign Affairs Minister, Ioannis Kasoulides, confirmed the excellent level of dialogue, mutual commitment to further consolidate the bilateral relations and the high level of trust between the two Ministries.

Cyprus posts small fiscal deficit of 0.05% of GDP in first half of 2022

Cyprus General Government posted a small deficit amounting to €11.4 million or 0.05% of GDP in the first half of 2022, compared with a deficit of €751 mn or 3.2% of GDP in the period of January-June 2021. The preliminary fiscal results published by the Statistical Service of Cyprus (Cystat) show that the improvement is driven by the reduction in public spending as Covid-19 pandemic measures have been phased out, combined with increased revenue driven by the recovery of economic activity.

Value in retail trade accelerates, volume marks subdued growth June

Value in retail trade marked a sizeable annual increase in June while, activity in volume remained more subdued, reflecting the price hikes that accelerated following the war in Ukraine. According to data released by the Statistical Service of Cyprus (Cystat) the Turnover Value Index of Retail Trade for June 2022 recorded a sharp increase of 20.1% compared to the respective period of last year, whereas the Turnover Volume Index of Retail Trade for the same month increased by an annual 9.3%. For the period January-June 2022, the value index is estimated to have recorded an increase of 14.4% and the volume index marked an increase of 4.6% compared to the same period of 2021, Cystat added.

Unemployment in Cyprus at 5.1% this June according to Eurostat

The seasonally-adjusted unemployment rate in Cyprus was 5.1% in June 2022, compared to 6.6% in the euro area and 6.0% in the EU, according to figures published by Eurostat, the statistical office of the European Union. In Cyprus, the unemployment rate rose slightly from 4.9% in May 2022, and dropped compared to June 2021 when it was 8.8%. In the euro area, the unemployment rate was stable compared with May 2022 and down from 7.9% in June 2021.

EU disburses new €1 billion macro-financial assistance operation for Ukraine

The European Commission, on behalf of the EU, disbursed on Monday the first half (€500 million) of a new €1 billion macro-financial assistance (MFA) operation for Ukraine. A press release by the Commission says that the second tranche (another €500 million) will be disbursed today.

Transparent and predictable working conditions’ Directive an important step, Commission says

The deadline for EU Member States to transpose the Directive on transparent and predictable working conditions into national law expired on Monday. According to the European Commission, the Directive provides more extensive and updated labour rights and protection to the 182 million workers in the EU.

Commission signs Joint Procurement contract with HIPRA for COVID-19 vaccines

HERA, the European Commission’s Health Preparedness and Response Authority, has signed a joint procurement Framework Contract with the company HIPRA HUMAN HEALTH for the supply of their protein COVID-19 vaccine. According to the Commission, 14 Member States and countries are participating in this joint procurement, under which they can purchase up to 250 million doses.

Czech Republic refers to achievements of first month of its EU Presidency

Czech diplomats in Brussels have achieved a number of successes during the first month of the Czech Presidency of the Council of the EU. According to the Presidency, the greatest success was achieved by Czech negotiators at the end of July. They succeeded in negotiating an agreement on gas demand reduction in a record six days from the presentation of the Commission’s proposal.

Cyprus is one of the countries in EU joint procurement contract for new COVID-19 vaccine

Cyprus is one of the 14 EU and European Economic Area countries participating in a joint procurement agreement for a new COVID-19 vaccine, which is currently being developed as a booster vaccine, CNA learns from reliable sources. The joint procurement framework contract with signed on Tuesday by pharmaceutical company HIPRA and the Health Preparedness and Response Authority (Health Preparedness and Response Authority), according to an announcement by the European Commission.

Issues affecting Ukrainian refugees and students on agenda of Johansson’s visit to Kyiv

Commissioner for Home Affairs Ylva Johansson is visiting Kiyv in Tuesday, to help assess the needs for people fleeing the war, as well as for those going back to Ukraine, the European Commission has announced. Johansson will meet with Ukrainian authorities as well as with beneficiaries of the temporary protection directive, under which about 3.9 million Ukrainians have registered since the proposal was adopted on March 4th.

Pure new credit climbs by an annual 26% to €1.72 billion in the first half of 2022

Pure new credit granted by the Cypriot banking institutions in June rose to €343.6 million marking an increase of 32% compared with the previous month, data published on Tuesday by the Central Bank of Cyprus (CBC) show. According to the CBC, pure new credit granted in the period of January – June 2022 amounted to 1.72 billion marking an increase of 26% compared with the respective period of last year.

Commission announces funding opportunities for sport and promoting sustainability through sport

The European Commission has announced two new funding opportunities in the area of grassroots sport and sports infrastructure, as well as the promotion of sustainable behaviours through sport publicity. The two calls for proposals issued are for the preparatory action for “Grassroots sport programmes and infrastructure innovation” with a total budget of 1.95 million euro and the pilot project “Sport for People and Planet, a new approach on sustainability through sport in Europe” with a total budget of €1.44 million. In a statement, Commissioner Mariya Gabriel said that the two calls “show our willingness to encourage innovative and more sustainable ways of practicing sports”. “I look forward to the innovative ideas that the grassroots sport movement will put forward” she added.

Pelosi’s visit to Taiwan “a gross interference of our internal affairs”, says Chinese Embassy in Cyprus

US House Speaker Nancy Pelosi’s recent visit to China’s Taiwan region is a gross interference of China’s internal affairs, a major event upgrading the substantive relations between the US and Taiwan, and sends a very wrong signal to “Taiwan independence” separatist forces, says the Spokesperson of the Embassy of China in Cyprus, in a written statement. In a reference to Cyprus, the spokesperson says that “neither China nor Cyprus is entirely reunified till today.

Cyprus Central Bank signs European System of Central Banks equality, diversity, and inclusion Charter

The Central Bank of Cyprus (CBC) has signed the European System of Central Banks (ESCB) equality, diversity, and inclusion Charter. The aim of the Charter, according to a press release by the CBC, is to be a means of recognising and implementing the principle of equal opportunities and diversity in every working environment of the European System of Central Banks (ESCB) and the Single Supervisory Mechanism (SSM). CBC Governor, Constantinos Herodotou, co-signed the Charter, after the approved by the CBC Board of Directors.

Commission announces funding for migration infrastructure in Cyprus

The European Commission has announced it will be funding new projects to support reception, asylum and return systems in Cyprus, Italy, Spain, Greece, and Poland. The total funding for all countries amounts to 171 million euro and will be directed to projects related to their reception, asylum and return systems, and is intended for national authorities as well as international organisations.

Eurostat: RandD government budget allocation per person in Cyprus under EU average

Cyprus has allocated 103 euro per person to research and development in 2021, compared to 244 euro in the EU’s average, according to data on government budget allocations for RandD published by Eurostat, the statistical service of the European Union. In 2021, the total government budget allocations for RandD across the EU stood at 109,250 mln euro, equivalent to 0.8% of GDP.

Cyprus ranks 20th in the Digital Economy and Society Index

Cyprus ranks 20th among 27 EU Member States in the 2022 edition of the Digital Economy and Society Index (DESI). The DESI Index ranks Member States according to their level of digitalisation and analyses their relative progress over the last five years, considering their starting point.

Cyprus is committed to the One China policy, the Government Spokesman tells CNA

The Republic of Cyprus remains committed to the One China policy, Government Spokesman Marios Pelekanos told CNA, wishing for de-escalation of tension and peace prevailing. His remarks come after US House Speaker Nancy Pelosi’s visit to Taiwan, which provoked Beijing’s reactions. Pelekanos said that “we remain committed to the One China policy, as expressed by the EU, with full respect for international law, sovereignty and territorial integrity, and we hope that there will soon be a de-escalation of tension and peace and security in the area”.

Interview with CNA: Ursula von der Leyen on Turkey, CBM , war in Ukraine, Energy and plans for a bi-communal solar power plant

The European Commission has been promoting the idea of creating a bi-communal solar power plant that would “contribute to meet the energy needs of both communities”, European Commission President Ursula von der Leyen said in an interview with the Cyprus News Agency. This Commission has “prepared the ground for the development of a pre-feasibility study” according to the President.

Cyprus reaffirms critical significance of the NPT

Cyprus’ Permanent Representative to the UN, Ambassador Andreas Hadjichrysanthou, reaffirmed the critical importance of the Non-Proliferation of Nuclear Weapons Treaty. At the same time, he stressed the threats from nuclear power plants built in areas of high seismicity like the Eastern Mediterranean.

Resolution renewing UNFICYP mandate circulated as official document of the Security Council

The resolution for the renewal of the mandate of the United Nations Peacekeeping Force in Cyprus (UNFICYP) has been circulated as an official document of the Security Council on Wednesday, 3 August. The resolution, approved last week, was welcomed by the Ministry of Foreign Affairs as it reaffirms all of its previous Resolutions on Cyprus and reiterates the importance of achieving a comprehensive solution of the Cyprus problem within the agreed framework of a Bi-communal, Bi-zonal Federation with political equality as defined in the relevant Resolutions.

Inflation in Cyprus hits double digits for July, at 10.9%

Inflation in July 2022, hit the double-digit mark, recording an increase of 10.9%, with the Consumer Price Index increasing by 1.39 units and reached 113.63 units compared to 112.24 units in June 2022. According to data published by the Statistical Service on Thursday, the largest changes in economic origin when compared to the index of July 2021 were recorded in Electricity, by 61.7% and in Petroleum Products by 44.1%.

Poverty risk for low employment households is lower in Cyprus than EU average, Eurostat data show

The at-risk-of-poverty rate for people aged less than 65 years living in households with very low work intensity in Cyprus was 51.6% in 2020, compared to 64.0% in the EU, according to data released by Eurostat, the statistical service of the European Union. This rate ranged from 48.7% in Denmark and 49.9% in Ireland to more than 70.0% of the population in nine EU Member States. It reached a peak of 85.4% in Lithuania, followed by Romania (84.2%) and Latvia (80.6%).

Almost 60% increase in fuel prices in 2022, price surges in many other products and services

Price of liquid fuels saw an increase by 58.2% from January 2022 until July 2022, according to data published by the Cyprus Consumers Association. According to the CCA, the biggest price increase from January until today was in liquid fuels, which rose by 58.2%, while edible oils recorded an increase by 53.54% and hotels by 51.08%.

Russia is violating aviation rules and EU sanctions according to International Civil Aviation Organization

The European Commission has welcomed a decision by the International Civil Aviation Organization (ICAO) to call on Russia to immediately cease its infractions of international aviation rules, according to a statement issued on Thursday. Commenting on the decision, the Commission said that ICAO, which is the UN agency responsible for regulating air transport, refers to the violation of Ukraine’s sovereign airspace in the context of Russia’s war of aggression, and to the deliberate and continued violation of several safety requirements in an attempt by the Russian government to circumvent EU sanctions.

Interior Minister praises Commission’s decision to award funding for new asylum projects in Cyprus

Interior Minister Nicos Nouris has praised the European Commission’s decision to award 72 million euros for projects to support the reception, asylum and return systems in Cyprus. In particular the EC on Thursday awarded a total of €171 million for projects to support the reception, asylum and return systems in Cyprus, Spain, Greece, Italy and Poland. “This is the result of a competitive call launched in the beginning of 2022 to fund projects in Member States under pressure, under the Asylum, Migration and Integration Fund. The support to Cyprus will go to the construction of an accommodation and pre-departure centres in the Menoyia area, in Larnaka”, a press release by the EC reads.

European Commission has expressed concerns regarding proposed VAT legislation in Cyprus, spokesperson confirms

The European Commission has sent a letter to Cypriot authorities underlying the need to rectify the situation regarding amendments to the country’s VAT legislation, Commission spokesperson Arianna Podesta said responding to a question by the Cyprus News Agency. Podesta said that the Commission has expressed concerns regarding the compatibility of the amendments with EU legislation.

EU supported Cyprus on tackling migration from the beginning, Schinas says on Twitter

The European Union will continue to stand next to Cyprus which is what “we said from the first moment”, Commission Vice President Margaritis Schinas said in a post on Twitter, on the occasion of the announcement of the approval of EU funding for migration and asylum infrastructure in the country. “We said from the first moment that Cyprus will not be alone. We will be next to her” Schinas said, commenting on a post by the Cypriot Interior Ministry on the approval of the funds. “European solidarity in action. Pacta sunt servanda” (note: agreements are to be kept) he added.

Cyprus FM urges Turkey to accept CBMs, the only choice is a solution based on UN parametres, he tells Famagusta gathering

Minister of Foreign Affairs Ioannis Kasoulides said the government will never tire of working to create the conditions and mobility to resume negotiations for a solution to the Cyprus problem. Addressing the annual event for Famagusta, organised by the Turkish occupied town’s municipality on Saturday, Minister Kasoulides said the only way forward is dialogue, adding there is no alternative that would lead to remapping our national policy.

The people of Famagusta strongly condemn Turkish actions in the fenced off area of Varosha

The Municipality Council of the Turkish occupied town of Famagusta, in a resolution, strongly condemn the illegal and provocative actions by Turkey and its representatives in the occupied north within the fenced off area of Famagusta. The resolution, approved during a meeting of the plenary of the municipality’s Council, held in the government-controlled areas in Dherynia on the occasion of the 48th year since the town was occupied, notes the Cyprus issue is at its most critical stage and unreservedly supports the resumption of negotiations without further delay.

Resumption of talks on Cyprus remains an unwavering target, despite Turkish revisionism, official says

In spite of the problems created by Ankara’s revisionist policy, the resumption of the UN-backed talks for a solution to the Cyprus problem remains an unwavering target, Presidential Commissioner Photis Photiou has said. Addressing a memorial service for the heroes of the 251-foot battalion during the 1974 Turkish invasion, Photiou said that provocations from Ankara’s revisionist policy continue one after the other, with Turkey recently even disputing Greece’s sovereign rights in the Aegean.

Stolen data, blocked systems, costs of trillions, the dangerous consequences of cyber attacks

By 2030, a total of 125 billion devices could be connected to the internet, up from 27 billion in 2017 while 90% of people over six are expected to be online, according to the European Parliament. Cyberattacks are getting more complex and costly. The European Commission estimated the annual cost of cybercrime to the global economy in 2020 to 5.5 trillion euro, which is double that of 2015.

The EU’s energy mode needs to be changed, EP President says

The EU’s energy model needs to be changed, with a focus on renewable energy, the expansion of green energy infrastructure in the EU, as well as the improvement of interconnections, European Parliament President Roberta Metsola told the newspaper “Phileleftheros” on Sunday. Invited to comment on the major issue of the EU’s energy autonomy, Metsola noted that, “We definitely need to untie ourselves from Russian energy, but it will take time because Russia has gone from being one of our main energy suppliers to a threat to democracy and everything the EU stands for”.

EU has punished Turkey for actions against Cyprus, says Metsola

The EU has punished Turkey for its behavior towards Cyprus by freezing several chapters of the accession negotiations, European Parliament President Roberta Metsola told the newspaper “Phileleftheros” on Sunday. Responding to a question why there was no similar reaction against Turkey, as the one imposed on Russia after its invasion of Ukraine, Metsola replied that the EU has unequivocally condemned the Turkish invasion and occupation of another member state and has supported sovereign rights of Cyprus in its Exclusive Economic Zone.

Cyprus FM urges T/C side to accept CBMs, the only choice is a solution based on UN parametres, he tells Famagusta event

Officials call for fair and lasting solution to the Cyprus problem during memorial services

Ministers and officials, addressing on Sunday memorial services for the heroes of the 1974 Turkish invasion and occupation, called for a fair and functional solution to the Cyprus problem that will ensure conditions of peace and security for the whole of the country. In his speech, at the memorial service of the heroes of Xylofagou village, Minister of Communications, Transport and Works, Yiannis Karousos assured of the Greek Cypriot side and the President of the Republic’s determination for a fair, functional and viable solution.

Officials call for fair and lasting solution to the Cyprus problem during memorial services

Exports in services in Cyprus almost at pre-pandemic levels in 2021 according to Eurostat

EU member states exported services worth a total of 1027 billion euro to countries outside the EU in 2021, a 13% increase compared with 2020 (910 billion euro), according to provisional data released by Eurostat. In Cyprus services exported to third countries almost reached pre-pandemic levels. The impact of the COVID-19 crisis in 2020 led to a substantial fall in both the value of EU exports (15% decrease compared with 2019) and imports (14% decrease), according to a press release. However, there was an immediate rebound in 2021 for EU exports, which almost returned to pre-pandemic levels.

Vehicle registrations record annual drop of 13.2% in July

Total motor vehicle registrations dropped by 13.2% in July 2022, compared to July 2021, according to the report entitled “Registration of Motor Vehicles” issued by the Statistical Service of Cyprus. In particular, in July 2022, the total registrations of motor vehicles numbered 2,988, compared to 3,443 in July 2021.

Decision as to whether RES producers have made excess profits to be taken in early 2023

The decision as to whether producers of Renewable Energy Sources (RES) have made excess profits due to the unexpected increase in the price of electricity, will be taken by the Ministry of Finance beginning of next year. Permanent Secretary of the Ministry of Finance Giorgos Pantelis, told CNA that a working group was set up between the Ministry of Finance, the Ministry of Energy, Trade and Industry and the Cyprus Energy Regulatory Authority (CERA) to examine all the existing RES plans currently implemented in Cyprus and their pricing.

Cyprus’ Foreign Ministry expresses solidarity to Cuba over Matanzas fire

Cyprus’ Foreign Ministry expressed on Monday its solidarity to Cuba over the fire in Matanzas through a post on its official Twitter account. ”Cyprus expresses its solidarity to the Cuban people and the authorities fighting at the frontline of the Matanzas fire disaster”, the tweet reads. ”Our thoughts and prayers are with the firefighters and rescue crews involved in the effort and those distressed by the fallout of this disaster”, it adds.

Poland granted most temporary protections to Ukrainians in June, according to Eurostat

Poland was in June the EU member state which granted the highest number of temporary protection statuses to people fleeing Ukraine (60,125) as a consequence of Russia’s invasion, according to data published by Eurostat, the statistical service of the European Union. The total number of beneficiaries in Cyprus, excluding June for which there is no data, has been 6,575 since March. Poland granted temporary protection status to 60,125 people in June, followed by Romania (10,360), Ireland (6,985) and Bulgaria (6,920).

Recommendations for small and medium sized enterprises against cybercrime

The biggest cybercrime problems faced by Cypriot small and medium-sized enterprises (SMEs) in the last 12 months were phishing, account takeover or impersonation attacks (16%), higher than the EU average (11%) and viruses, spyware or malicious software (excluding ransomware) (8%) at a rate lower than the EU average (14%), according to a report by the European Commission’s Directorate-General for Home Affairs (DG HOME) published in May, based on the results of a Eurobarometer conducted in November-December 2021 on “SMEs and Cybercrime”.

MEP Georgiou raises allegations about surveillance at Central Prisons to Pegasus Inquiry Committee

Cypriot MEP Giorgos Georgiou has informed the head of the European Parliament’s committee of inquiry on recent allegations and media reports regarding alleged intention of phone surveillance at the Central Prisons in Cyprus. In his letter to the head of the committee, Georgiou points to a letter leaked to the press, in which Justice Minister Stephie Drakos requests that the Prisons Department upgrade and use surveillance software.

President Anastasiades congratulates Cypriot athletes for their performance in Birmingham 2022

President Anastasiades congratulated on Tuesday the athletes that participated in the national delegation at the 22nd Commonwealth Games in Birmingham. He particularly praised the two “gold” athletes, Elias Georgiou and Giorgos Balarjisvili, for their achievement. In a social media post today, the President of the Republic congratulates “the athletes for their excellent performances and the 11 medals they won at the Commonwealth games”.

Almost 1.2 million passengers travelled to and from Cyprus airports in July

Almost 1.2 million passengers travelled to and from Larnaka and Pafos airports in July, which translates to 82% of the traffic for the corresponding month in 2019. A representative of Hermes Airports told CNA that “August is considered peak season and there is increased traffic at Cypriot airports these days.” He added that “overall, passenger traffic this summer has increased compared to the two previous years. July closed with almost 1.2 million passengers at both airports (Larnaka: 800,000, Pafos 400,000), which corresponds to 82% of traffic of July 2019. In fact, he said, July “is the second month in a row this year that passenger traffic has exceeded 1 million passengers in a month, something that hasn’t happened since October 2019.

Trade deficit up by €1.12 billion in first half of 2022, CyStat data show

Trade deficit was up by €1.12 billion in the first half of 2022, data released by the Cyprus Statistical Service (CyStat), on Tuesday show. In particular according to the official data, imports of goods (from EU Member States and from third countries) in January – June 2022 amounted to €5,664.3 mn compared to €4,059.9 mn in January – June 2021, recording an increase of 39.5%. Total exports of goods (to EU Member States and to third countries) in January – June 2022 were €1,803.8 mn compared to €1,325 mn in January – June 2021, registering an increase of 36.1%. The trade deficit was €3,860,6 mn in the period January – June 2022 compared to €2,734.9 mn in the corresponding period of 2021, CyStat said. In addition, provisional data for June 2022, show that total imports of goods were €1,195.5 mn compared to €765.7 mn in June 2021, recording an increase of 56.1%.

Cyprus has second largest percentage of firefighters, lower than average spending according to Eurostat

Cyprus was the country with the second largest share of firefighters in its overall workforce in 2021 in the EU, according to data released by Eurostat, the statistical service of the European Union on the occasion of the large increase of fires in multiple member states due to increased temperatures and the effects of climate change. Also, according to data regarding government spending on fire protection services in 2020, Cyprus spent about 0.4% of its government expenditure, which was lower than the EU average for that year (0.5%).

EU expects countries aspiring to join to align with sanctions against Russia, P. Stano said

The European Union expects countries aspiring to join the union to align with its decisions on foreign policy, including on sanctions, Commission spokesperson Peter Stano said responding to a question during the midday briefing in Brussels regarding Turkey’s alignment with sanctions against Russia for its invasion of Ukraine. The discussion was a result of a series of question on whether EU member states could in the future limit visas for Russian tourists. Responding to a written question posed by the Cyprus News Agency, Stano recalled that in March, the European Council “called on all countries to either align with our sanctions or introduce similar national measures in respect to Russia’s illegitimate aggression against Ukraine”.

Cyprus one of few countries that implemented Central State Aid and De Minimis Registry

Commissioner for State Aid Control Stella Michaelidou has welcomed the fact that her Office has taken the lead at European level and has been an example for other member states in view of the implementation of the Central State Aid and De Minimis Registry. In a press release it is noted that based on available data until today, Cyprus, together with Lithuania and Spain, are the only countries that have implemented a Central State Aid and De Minimis Registry.

New residence permits reach pre-pandemic levels in Cyprus and the EU, according to Eurostat

New residence permits issued in the European Union, as well as in Cyprus, to non-EU citizens in 2021 reached pre-pandemic levels, according to data on first residence permits published by Eurostat, the statistics office of the EU. In 2021, 2,952,300 first residence permits (i.e. permits issued to a person for the first time) were issued in the EU to non-EU citizens. The number increased by 31% (or 693,700) compared with 2020, reaching the pre-pandemic level observed in 2019 (2,955,300). A total of 22,190 new residence permits were issued in Cyprus in 2021.

Young air transport workers most affected by impact pandemic on sector, according to Eurostat

The decline in passengers in air transport as a result of the COVID-19 pandemic had a pronounced effect on younger workers due to staff reductions by airlines and associated enterprises, according to data released by Eurostat, the statistical service of the European Union. In the first quarter of 2022, 325,600 people were employed in the air transport sector in the EU. This is the lowest number recorded in 14 years.

Cyprus Foreign Ministry makes demarches after Azeri President presents Tatar as “president”

The Ministry of Foreign Affairs is making demarches expressing disappointment and dissatisfaction over the recent meeting Azerbaijan’s president held with Turkish Cypriot leader Ersin Tatar. In a press release, it said the Ministry of Foreign Affairs was disappointment and dissatisfied over the recent meeting of the Azeri president with the occupation leader and by making public the meeting, presenting Tatar as president of the “Turkish republic of Northern Cyprus”.

Limassol led the way in real estate transactions in Q2 2022

The city of Limassol continued to lead the way concerning transactions in real estate in the second quarter of 2022, with the coastal city’s share in the value of the total transactions amounting to 46.5%, according to data published by the Council for Registration of Real Estate Agents Cyprus (MRICS). In a press release MRCIS said that the growth of Limassol as a business centre in the last years and more recently as a centre for international tech companies maintained the momentum in real estate transactions even following the termination of citizenship by investment programme.

Perpetrators of the murders of Isaac and Solomou have never been held accountable, Greek FM says

Greek Foreign Minister, Nikos Dendias, has said that the perpetrators of the murders of Tasos Isaac and Solomos Solomou, in Cyprus, have never been held accountable, on the occasion of the 26th anniversary of their murder. “Despite the decisions of the European Court of Human Rights, Turkey has never complied with them and the perpetrators, but also the moral perpetrators of the murders, have never been held accountable,” Greek Foreign Minister Nikos Dendias said.

New Ambassador of Cyprus to the State of Qatar presents his credentials

The new Ambassador of the Republic of Cyprus to the State of Qatar, Nicholas T. Manolis, presented his credentials to the Emir of Qatar, Tamim bin Hamad Al Thani, at a special ceremony held at the Amiri Diwan Palace on Sunday 7 August. According to a statement issued by the Ministry of Foreign Affairs, during the credentials ceremony, the new Ambassador of the Republic conveyed the warm greetings of the President of the Republic and the people of Cyprus to the Emir and the people of Qatar.

Truss and Sunak express their commitment to a bizonal, bicommunal federation in Cyprus

Liz Truss and Rishi Sunak rivals for the UK Conservative Party leadership and Downing Street have expressed their commitment to a bizonal, bicommunal federation in Cyprus as well as their support and appreciation to the Cypriot community in the UK, in separate respond letters to the Executive Chairman of the “Conservative Friends of Cyprus”, Jason Charalambous. In her letter, Liz Truss says that “as Foreign Secretary, I recognise the value that Cyprus brings as a pillar of stability in the Eastern Mediterranean and its positive engagement with countries of the region.

A yearly increase of 3,6% was recorded between January – May 2022 in the number of building permits

A yearly increase of 3,6% was recorded in the period from January to May 2022 in the number of building permits. According to the Statistical Service, during the period January – May 2022, 3.272 building permits were issued compared to 3.157 in the corresponding period of the previous year, recording an increase of 3,6%. The total value of these permits decreased by 6,8% and the total area by 9,4%.

The state honours the memory of Isaac and Solomou, Foreign Minister and Government Spokesman say on Twitter

The state honours the memory of Tassos Isaac and Solomos Solomou, the Minister of Foreign Affairs, Ioannis Kasoulides, and Government Spokesman, Marios Pelekanos, said in posts on their Twitter accounts, on the occasion of the anniversary of the murder of the two men in August 1996. “We honour the memory of the heroic martyrs Tassos Isaac and Solomos Solomou who fell victims of Turkish barbarism and extremism.

President of EC says Turkish illegal actions in Varosha must be revoked

President of the European Commission, Ursula von der Leyen, has asked for the revocation of all illegal Turkish actions in the fenced – off area of Varosha, stressing the EU’s support for the UN Security Council resolutions on the status of Varosha. According to a written statement by Government Spokesman, Marios Pelekanos, in her reply letter to the President of the Republic, Nicos Anastasiades, the President of the European Commission, shares President Anastasiades’ strong concerns regarding Turkey’s illegal actions in Varosha.

Tatar can have meetings as leader of the T/c community, but foreign relations are carried out by the Cypriot MFA, Commission spokesperson says

Ersin Tatar has the right as the leader of a community on the territories of Cyprus not controlled by the government of the country to have meetings, but the international relations of Cyprus are conducted by the Ministry of Foreign Affairs of the Republic of Cyprus, European Commission spokesperson, Peter Stano, has said responding to a question by the Cyprus News Agency on a recent meeting between the Turkish Cypriot leader and the President of Azerbaijan, Ilham Aliyev. “It’s not really for us to comment on meetings by representatives of a community.

President Anastasiades to address the UNGA on 23 September

President of the Republic of Cyprus Nicos Anastasiades will address the 77th UN General Assembly on 23rd September. Cyprus’ Permanent Representative at the UN, Andreas Hadjichrysanthou, in a post on Twitter said the first day of the high-level General Debate will be Tuesday, 20 September. As always, the first speaker is Brazil, he said. President Anastasiades’ intervention will take place on 23 September, he added. CAN/EC/EPH/2022 ENDS, CYPRUS NEWS AGENCY

Cyprus President refers laws on abolition of double taxation on fuel, VAT in electricity bills on emissions

Cyprus President, Nicos Anastasiades, has referred to the Supreme Court two laws voted by parliament on VAT reduction, Government Spokesperson Marios Pelekanos told CNA on Friday. At the same time, he signed the bill on foreclosures. Responding to a CNA question, the Spokesperson said that President Anastasiades, after receiving the opinion of the Attorney-General on the matter, has referred to the Supreme Court two legislative texts voted by the House of Representatives concerning the reduction of VAT, since, he said, they violate EU regulations and are against the principle of the separation of powers between the executive and the legislature.

Public debt in Cyprus declines to €24.18 billion in the end of Q2 2022

Cyprus public debt declined to €24.18 billion in the end of June 2022, marking a 3.10% reduction compared with the respective period of last year, according to the latest available data. Compared with the first quarter of this year, Cyprus’ gross public debt marked a reduction of 3.9%.

Commercial flights in Cyprus drop by 14% this July compared with 2019 according to Eurostat

Commercial flights in the European Union decreased by 15% in July 2022 compared with July 2019, that is the summer before the pandemic, according to data released by Eurostat, the statistical service of the EU. In Cyprus, flights during July 2022 had decreased by 14% compared to July 2019, which was slightly below the EU average. In absolute numbers, a total of 595,965 flights were recorded in all of the EU and 7,626 flights in Cyprus during July 2022.

Construction materials prices record small monthly, large annual increase in July

The prices of construction materials were slightly up on a monthly basis in July but recorded a significant increase compared to the same month of the previous year, data released on Friday by the Cyprus Statistical Service show. A small increase of 0.09% was recorded in the price index of construction materials for July 2022, compared to the previous month, while on an annual basis the increase was of the order of 17.52%.

Finance Ministry prepares state budget in two formats as it prepares for ERP transition

The Finance Ministry said it will prepare the 2023 state budget in two formats, in the context of the public service’s transition to the new management system Enterprise Resource Planning (ERP). According to the Finance Ministry’s annual fiscal blue print, the Strategic Framework on Fiscal Policy, due to the dynamic nature of the ERP reform in the public service and the need for a smooth transition to the new state of affairs, the Ministry will prepare two budget documents, one in the traditional form and one in the form of an Activity Based Budget (ABB) “with a view to tackling any unforeseen technical situations.”

British MP Theresa Villiers calls for freedom and justice for Famagusta

British MP Theresa Villiers has called for freedom and justice for Famagusta, which is still under Turkish occupation 48 years after the second phase of Turkey’s invasion against Cyprus in 1974. In a press release, the Conservative MP of Chipping Barnet says that “I am calling for freedom and justice for Famagusta.

Forty-eight years ago to this day Turkey launches its second offensive against Cyprus, violating UN Charter

Forty-eight years ago to this day the Turkish military launched its second offensive against the Republic of Cyprus, in full violation of international law, including the UN Charter, despite the ceasefire that had been agreed. The Turkish army invaded Cyprus on July 20, 1974, and launched the second phase of the invasion on August 14 of the same year, occupying the best part of Mesaoria, Famagusta, Karpasia and Morphou.

ECDC considers risk of Langya henipavirus infections in Europe as ‘very low’

ECDC considers the risk of Langya henipavirus infections for EU citizens in Europe as ‘very low’. The agency issued a press release stating that it is monitoring the occurrence of infections with emerging human pathogens including viruses of the Henipavirus genus. According to a group of Chinese scientists, the detection of a previously unknown, phylogenetically distinct henipavirus, named Langya henipavirus (LayV), was reported in China.

Detections of irregular arrivals in Eastern Mediterranean remains high, according to Frontex

The number of detections of irregular entries by migrants and refugees through the European Union’s external borders on the Eastern Mediterranean route remains high, with a significant number arriving in Cyprus, according to preliminary calculations published by Frontex. During the first seven months of 2022 (January to July), a total of 22,601 arrivals were recorded on the Eastern Mediterranean route (which includes the EU’s external borders with Turkey), which is 133% or more than double compared to last year.

Eighteen Somali female unaccompanied asylum seekers moved to new “safe zone” in Pournara

The newly established “safe zone”, as it is called, of the Pournara First Reception Centre became operational on Saturday, the EU Agency for Asylum (EUAA) has announced in a tweet. The new unites, installed by the EUAA, will house unaccompanied minors who are applying for asylum.

For 48 years Turkey and its puppets on the island violate Greek Cypriots’ and Turkish Cypriot’s rights, Cyprus President says

Cyprus President, Nicos Anastasiades, noted on Sunday, on the occasion of the anniversary of the second phase of the Turkish invasion of Cyprus, on August 14, 1974, that Turkey and its puppets on the island continue its occupation and violation of the rights of Greek Cypriots and Turkish Cypriots and their will to live a free from occupation troops and reunited country. Anastasiades said in a post on its Twitter account: “48 years since Turkey and its puppets here insist on the occupation and the violation of the Greek Cypriots’ and Turkish Cypriots’ rights and of their will to live in a free from occupation troops and reunited homeland.” Cyprus has been divided since 1974, when Turkey invaded and occupied its northern third. Repeated rounds of UN-led peace talks have so far failed to yield results. The latest round of negotiations, in July 2017 at the Swiss resort of Crans-Montana ended inconclusively.

About 45 thousand passengers per day to be handled at Cypriot airports during the long weekend

Approximately 45 thousand passengers, arrivals and departures per day, are expected to use the airports of Larnaka and Pafos this long weekend, while a total of 730 flights will be carried out. A representative of Hermes Airports told CNA that August is peak season and there is increased traffic at Cypriot airports, while during August 13-15 approximately 45 thousand passengers, departures and arrivals, will be handled at Larnaka and Pafos airports. On August 13, 14 and 15, 510 flights, arrivals and departures will take place at Larnaka airport, while 220 flights, arrivals and departures will take place at Pafos airport.

?eed to assess borrower’s credit behaviour highlighted at European conference with Cypriot participation

The important role of Credit Bureaus for national economies and the need to assess the credit behaviour and capacity of a borrower across the range of credit facilities he can receive, was highlighted at a recent annual conference of the European Association of Credit Bureaus “ACCIS”, which was held in Brussels and in which Artemis Credit Bureau, the Cyprus Credit Bureau, participated as a full member of ACCIS from the beginning of its operation. Artemis Credit Bureau was represented at the conference, on the topic of “Powering access to responsible credit”, by its General Manager, Yiannis Tomasides, who told CNA that the inclusion of data from the widest range of credit facility categories is the only way to form a global and complete picture of the financial behaviour of the borrower.

We have to use all diplomatic means to reunite Cyprus, House President says

The reunification of our country is the aim of all Cypriots and we have to use all diplomatic means to achieve this, Cyprus House President, Annita Demetriou said on Sunday, on the occasion of the 48th anniversary of the second phase of Turkey’s invasion to Cyprus. Demetriou said in a post on her Twitter account: “August 14th. Words are not enough to express the pain. They are not enough also for what we much achieve, changing the situation created by the occupation.” “The reunification of our country is the aim of all Cypriots and we have to use all diplomatic means to achieve this,” she added.

Nicosia cannot continue to be the only divided capital in Europe, Greek FM stresses

Nicosia cannot continue to be the only divided capital in Europe, Greek Foreign Minister, Nikos Dendias stressed on Sunday, adding that “as always, Greece will continue to stand by the Republic of Cyprus.” In a post on Twitter marking the occasion of the 48th anniversary of the second phase of the Turkish invasion of Cyprus, Dendias said that “the Cyprus problem remains an unsolved issue of illegal occupation, despite the consecutive decisions of the UN Security Council and universal condemnation.”

European Commission launches three calls on cultural issues

The European Commission has launched three calls on issues regarding cultural heritage. The first call concerns expressions of interest to establish a pool of experts to the Panel for the European Capital of Culture Action. The deadline is on September 30, 2027. The European Commission announced that it invites interested experts to apply for this open call for expressions of interest for the establishment of a pool of experts for potential members of the panel of experts for the European Union action European Capital of Culture.

Cyprus expresses its profound sadness over the fatalities caused by the fire in a Coptic church in Giza

Cyprus has expressed its profound sadness over the fatalities caused by the fire in a Coptic church in Giza, as well as its condolences and solidarity with Egypt. The Cypriot Foreign Ministry said in a post on its Twitter account: “Profoundly saddened by news of fatalities caused by a devastating fire in a Coptic church in Giza.

Cyprus is not divisible for any reason and on any grounds, states Cyprus’ Permanent Representative to the UN

Cyprus is not divisible for any reason and on any grounds, states Cyprus’ Permanent Representative to the UN “Cyprus is not divisible for any reason and on any grounds, including those fabricated by Turkey”, Permanent Representative of Cyprus to the UN, Ambassador Andreas Hadjichrysanthou said. In a letter to the UN Secretary General which he requested to be released as a UN General Assembly document, the Cypriot ambassador said “Cyprus is not divisible for any reason and on any grounds, including those fabricated by a powerful neighbour who wishes that Cyprus did not exist as a State in its own right and only as its puppet state and as a stepping stone to controlling the eastern Mediterranean.” It is “high time”, he added, that “Turkey stepped aside and allowed Cypriots to reunify their country as a bi-zonal, bi-communal federation with political equality, as set out in relevant resolutions of the Security Council, instead of trying to turn the Turkish Cypriot community into a strategic tool to control decision-making in a reunited Cyprus under the guise of accusations of a lack of readiness to share power and wealth”.

Cyprus maintains low VAT and consumption tax on fuel compared to other EU countries, Finance Minister says

Cyprus maintains a very low VAT rate and lower consumption taxes on fuel compared to Germany and other EU countries, Minister of Finance Constantinos Petrides notes in a written statement. In his statement, issued Monday, the Minister gives clarifications regarding the letter of the German Minister of Finance to EU Economy Commissioner Paolo Gentiloni for the non-imposition of VAT on the new German levy that will be imposed on natural gas for all consumers, as well as regarding statements by Cypriot politicians, including the President of the Parliamentary Committee on Finance and Budget.

Eurostat: Greenhouse gas emissions in the EU almost back to pre-COVID levels, increase of emissions in Cyprus

EU economy greenhouse gas emissions during the first quarter of 2022 were still below the pre-COVID levels registered in the first quarter of 2019, but have nevertheless increased and are approaching pre-COVID levels compared to the same period in 2020 and 2021, according to data released by Eurostat, the statistical service of the European Union. When it comes to the increase of greenhouse gas emissions as a result of economic activity by member state, Cyprus has has the fifth largest increase (14%) during the first quarter of 2022 compared to the same period in 2021, above the EU average which is at 6%.

Cyprus registers largest annual decrease in extra-EU exports and largest increase in extra EU-imports

The latest estimates issued by Eurostat show that international trade in goods deficits were at 24.6 billion euro for the eurozone and at 34.0 billion euro for the EU in June 2022. In June 2022, compared with June 2021, all member states registered a large increase in extra-EU exports except Cyprus (a 12.2% decrease) and Denmark (2.4% decrease). The highest increases were registered in Slovenia (109.4% increase) and Greece (75.6% increase).

Number of investment funds reaches 274 in June

?he number of investment funds increased from 273 in March 2022 to 274 in June 2022, according to data by the Central Bank of Cyprus (CBC). The CBC released on Wednesday the Investment Funds statistics for the reference month of June 2022. In a press release, it says that the total assets of the investment funds marginally increased by approximately 0.14% to €8,704.0 million in June 2022. In March 2022 total assets were €8,692.0 million.

Tourist arrivals increased by 52.9% in July 2022 compared to the corresponding month last year

Arrivals of tourists in Cyprus reached 454,657 in July 2022 compared to 297,308 in July 2021, recording an increase of 52.9%. According to an announcement by the Statistical Service, tourist arrivals for the period January – July 2022 also showed an increase, compared to the corresponding period last year.

Foreign Ministry concerned over Turkey’s distortion of truth regarding 1974 invasion

The Foreign Ministry expresses its concern over Ankara’s attempts to distort the historical truth in relation to the Turkish invasion against Cyprus in 1974 and the ongoing illegal occupation of the northern territories of the island. In a press release, the Ministry stresses that the Republic of Cyprus, as an internationally recognised state, a full member of the UN, the EU and other international organisations, will continue to walk the path of international law and international legitimacy, creating conditions of security and prosperity for all the inhabitants of the island, while contributing to the security and stability of the wider region of the Eastern Mediterranean.

Cypriots travelling abroad increase by 113.1% in July

The number of Cypriot residents who returned from a trip abroad increased in July 2022 by 113.1%, the Cyprus Statistical Service announced on Wednesday. In particular, 134,198 Cypriots traveled abroad compared to 62,961 in July 2021. The Statistical Service reports that the main countries from which Cypriots returned in July 2022, were Greece with 42.8%, the United Kingdom with 12.2% and Italy with 6.1%.

GDP grew by 6.1% in Cyprus during the second quarter of 2022

Cyprus recorded a positive GDP growth during the second quarter of 2022, according to a Flash Estimate announced on Wednesday by the Statistical Service of the Republic of Cyprus. It is noted that the GDP growth rate in real terms is estimated during the second quarter of 2022 at 5.8% over the corresponding quarter of 2021. Also, based on seasonally adjusted data and working-day adjustments, the GDP is estimated to have grown in real terms by 6.1%.

Cypriot GDP increased by 6.1% compared to last year, 0.6% compared to last quarter, according to Eurostat

Cypriot GDP increased by 6.1% during the second quarter of 2022 compared with same quarter the previous year, according to a flash estimate published by Eurostat, the statistical office of the European Union. During the first quarter of the year, there was an increase of 6.0% in the GDP compared to last year.

New statement by Menendez on Turkey’s possible purchase of S-400

A new statement to Turkey’s possible purchase of S-400 missile systems from Russia was once again expressed in a statement issued by US Senator Bob Menendez, Chairman of the Senate Foreign Relations Committee. Such a thing, as he declared, would be a violation of US sanctions, while any expansion of Turkey and Russia’s ties would be a big mistake. Menendez called President Putin a war criminal and made clear that Turkey should reject any military cooperation with him. He also said that Turkey should demonstrate its commitment to NATO.

Cyprus is monitoring normalisation of Israeli-Turkish relations, says Government Spokesman

We are monitoring Israel and Turkey’s efforts to normalise relations, Government Spokesman Marios Pelekanos told CNA on Thursday, adding that under no circumstances these are directed against or affect Cyprus’ relations with Israel. Asked by CN? to comment on the restoration of diplomatic relations between Israel and Turkey, Pelekanos said this does not affect nor is against Nicosia’s relations with Tel Aviv.

Harmonized consumer price index records annual increase of 10.6% in July

The harmonized consumer price index recorded in July an annual increase of 10.6%. According to the Statistical Service of Cyprus, in July 2022 the Harmonized Index of Consumer Prices increased by 10.6% compared to July 2021, while compared to the index of June 2022, the HICP increased by 1.7%. For the period January – July 2022 the HICP recorded an increase of 7.7% compared to the corresponding period of the previous year. Meanwhile, compared to July 2021, the largest changes were noted in Housing, Water, Electricity, Gas and Other Fuels (30.7%) and Transport (21.8%).

In Cyprus 17.3% of the population were at risk of poverty or social exclusion in 2021

Slightly more than 17% of the population in Cyprus were in 2021 at risk of poverty or social exclusion. According to the results of the Survey on Income and Living Conditions 2021, with income reference period the year 2020, 17.3% of the population or 154,000 persons were at risk of poverty or social exclusion, according to the Statistical Service of Cyprus. It is noted that the AROPE indicator is the main indicator to monitor the EU 2030 target on poverty and social exclusion.

Cyprus FM signs Virtual Book of Condolences for the people killed in Cetinje, Montenegro

Cyprus Foreign Minister, Ioannis Kasoulides, signed on Thursday the Virtual Book of Condolences of the Government of Montenegro, following the tragedy in Cetinje which killed 11 people. The Foreign Ministry expressed in a post on Twitter sincere condolences to the families of the victims and to the people of Montenegro and wished for the speedy recovery to those injured.

FMs of Cyprus and Armenia discuss issues pertaining to the bilateral and multilateral agenda

Cyprus Foreign Ministry, Ioannis Kasoulides, held a telephone conversation with the FM of Armenia, Ararat Mirzoyan. The Foreign Ministry said in a post on Twitter that the two Ministers had a useful exchange of views on issues pertaining to the two countries’ Bilateral and Multilateral Agenda. Moreover, they discussed possible ways to further expand existing cooperation in various fields as well as regional developments.

Almost 20 thousand cases of monkeypox so far in Europe according to ECDC and WHO

A total of 19,429 cases of monkeypox have been detected according to official public sources in countries and areas throughout the European region, out of which 18,960 cases were reported from 36 countries to the European Center for Disease Prevention and Control (ECDC) and the World Health Organisation (WHO) Regional Office for Europe according to a joint surveillance bulletin. So far Cyprus has reported three cases of monkeypox according to ECDC and the WHO. According to the data reported to the ECDC and the WHO up to August 16th 2022, a total of 18,847 cases were laboratory confirmed out of the 18960 cases reported.

EMA begins review for marketing authorisation of Skycovion vaccine against COVID-19

The human medicines committee (CHMP) of the European Medicine Agency (EMA) has started a review of a conditional marketing authorisation application for Skycovion, a vaccine for protecting against COVID-19. The application was submitted by SK Chemicals GmbH, along with data on how well the vaccine triggers the production of antibodies against the original strain of SARS-CoV-2, the virus that causes COVID-19.

Turkish plane flew within the Nicosia FIR on a flight plan approved by Eurocontrol, source tells CNA

The Turkish spy plane that flew on Thursday within the Nicosia FIR, had submitted a flight plan to the Eurocontrol, which it followed, and did not violate the NOTAM that the Republic of Cyprus had issued for 5 nautical miles and 3 thousand meters height, a well-informed source told the Cyprus News Agency (CNA). The source was invited to comment on a news report by MEGA channel according to which the Turkish aircraft conducted an overflight over the northern part of the Cypriot EEZ block 6, where Tungsten Explorer drill rig that has been leased by the Republic of Cyprus is stationed.

Cyprus annual inflation rate at 10.6%, higher than eurozone and EU averages, according to Eurostat

The annual inflation rate in Cyprus was at 10.6% in July 2022, according to data published by Eurostat, the statistical office of the European Union. The annual inflation rate for Cyprus has increased compared to June, when it was at 9.0%, and compared to July 2021 when it was at 2.7%.

Extra-EU honey imports from Cyprus increased, extra-EU imports decreased according to Eurostat

Honey imports to Cyprus from countries outside the European Union decreased between 2016 and 2021, while exports to country outside the EU increased during the same period, according to data published by Eurostat on the occasion of the UN’s World Honey Bee Day on 20 August. The trend is reversed in the EU overall, since honey imports from outside the EU have increased while exports to non-EU countries decreased.

Virtual meetings between Greek Cypriot negotiator and Turkish Cypriot special representative to resume next week

Virtual meetings between the negotiator of the Greek Cypriot side, Menelaos Menelaou, and the special representative of the Turkish Cypriot leader, Ersin Tatar, Ergun Olgun, are expected to resume next week, the Cyprus News Agency (CNA) has learned. The meetings are taking place under the UN auspices, with the participation of the UNSG’s Special Representative to Cyprus, Colin Stewart, and the last one had taken place during the penultimate week of July.

High percentage of passenger cars in Cyprus older than 10 years according to Eurostat

Most passenger cars in Cyprus are between 10 and 20 years old according to data released by Eurostat, the statistical service of the European Union. Specifically, on December 31st 2020, only 4% of passenger cars in Cyprus were newer than 2 years old (22,812 cars), 10% were between 2 and 5 years old (58,211), 20% were between 5 and 10 years old (117,506), 49% were between 10 and 20 years old (283,537) and 17% were older than 20 years old (96,092). A total of 66% of passengers’ cars in Cyprus were therefore older than 10 years old.

Asphalt plant issue to be discussed in new meetings at Presidential Palace next week

The issue of the relocation of the asphalt plant to Mitsero area, for which the residents strongly oppose, will be discussed in new meetings to take place at the Presidential Palace next Thursday, the head of the press office of the President, Andreas Iosif said. In a written statement Iosif said that next week the President will have meetings and consultations and will preside over a meeting of the Cabinet. He noted that on the agenda are issues for which the government is determined to find solutions for the public interest.

Moody’s affirms Cyprus’ Ba1 ratings, changes outlook to positive from stable

Moody’s Investors Service changed the outlook on the Government of Cyprus’ Ba1 ratings to positive from stable and has affirmed the long-term foreign-currency and local-currency issuer and the local-currency senior unsecured ratings at Ba1. Concurrently, Moody’s has also affirmed the foreign-currency and local-currency senior unsecured medium-term note (MTN) program ratings at (P)Ba1. The local-currency commercial paper and other short-term ratings have been affirmed at Not Prime (NP) and (P)NP respectively.

?griculture Minister travels to Egypt for official visit

Minister of Agriculture, Rural Development and Environment Costas Kadis travels to Egypt on Monday for an official visit. He will meet with the Minister of Environment Yasmine Fouad and Tarek El-Molla the Minister of Petroleum and Mineral Resources. Kadis will be accompanied by Permanent Secretary of the Ministry Andreas Grigoriou.

Cyprus to oppose proposal on visa ban for Russians, Foreign Ministry official tells CNA

Cyprus opposes a ban on tourist visas for Russian citizens, the Permanent Secretary of the Ministry of Foreign Affairs, Kornelios Korneliou told CNA, regarding a proposal expected to be put forward by Baltic countries during the informal Council of EU Foreign Ministers (Gymnich) in Prague between August 30-31, under the Czech EU Presidency. “We issue visas even for Turkish citizens because we believe in people-to-people contacts. In addition to this, there is also the Russian-speaking expatriate community in Cyprus and in other EU states, and with such a measure we will prevent the contacts of these Russian citizens with their families and friends. We do not believe that there is merit in such a decision.”

Finance Ministry hails Moody’s announcements on Cyprus economy

The Finance Ministry welcomed Moody’s announcement on Cyprus’ economy, pointing out that it acknowledges the economy’s resilience and potential to overcome the challenges. The Ministry issued on Saturday an announcement following Moody’s decision yesterday to change the outlook on the Government of Cyprus’ Ba1 ratings to positive from stable, while affirming the long-term foreign-currency and local-currency issuer and the local-currency senior unsecured ratings at Ba1.

Turkish stance undermines prospects for peace in Cyprus and in the wider region, says Interior Ministry Permanent Secretary

Turkey’s stance creates deadlock which undermines prospects for peace in Cyprus and in the wider region, said on Sunday the Permanent Secretary at the Ministry of Interior, Costas Constantinou. Speaking at a memorial service for the hero of the 1974 Turkish invasion, Ioannis Tsagaris from Dimes, Constantinou added that after the representations made by the President of the Republic, the Greek Cypriot side is expecting that with the involvement of high-level UN Secretariat officials and the relevant contacts, the UNSC will be able to promote procedures to discuss the bold confidence building measures the government has submitted, on equal terms, far from blackmail, threats and unreasonable demands.

Total imports and exports of goods have marked an increase, according to CyStat

Total imports and exports of goods have marked an increase, according to the Statistical Service of Cyprus, with the European Union being the main source of supply of goods to the island. According to the “Intra and Extra EU Trade Statistics (by commodity and country)” for January – May 2022, total imports of goods (from EU Member States and from third countries) in January – May 2022 amounted to €4.468,9 mn as compared to €3.294,2 mn in January – May 2021, recording an increase of 35.7%.

Increase of 47.9% in Turnover Value Index of Transport and Storage for second quarter of 2022

The Turnover Value Index of Transport and Storage for the second quarter of 2022 reached 130.6 units (base year 2015=100), recording an increase of 47.9% compared to the corresponding quarter of 2021. According to data released Monday by Cyprus Statistical Service, by economic activity, increases relative to the second quarter of the previous year were observed in air transport by 425.1%, in water transport by 48.4%, in land transport by 47.3% and in warehousing and support activities for transportation by 36.6%, while a decrease of 3.9% was observed in postal and courier activities. During the period January-June 2022, the Turnover Value Index of Transport and Storage recorded an increase of 44.6% compared to the corresponding period of 2021.

Government will study Audit Office’s report on passports and will then comment, says Spokesperson

The Government will study the report released Monday by the Audit Office on passports and the Cyprus investment program that granted citizenship by investment, Spokesperson Marios Pelekanos said, following the Cabinet’s meeting convened Monday at the presidential retreat in the Troodos mountains. The Audit Office released earlier its much-anticipated report of 150 pages which shows shortcomings and flaws.

Russia’s invasion of Ukraine brings back memories of totalitarian past, Von der Leyen says

“Those who stood against totalitarianism will not be forgotten,” said European Commission President Ursula von der Leyen on the occasion of August 23rd, the Europe-Wide Day of Remembrance for the victims of all totalitarian and authoritarian regimes, pointing out that painful memories have found an echo in Russia’s invasion of Ukraine. “On the 83rd anniversary of the signature of the Molotov-Ribbentrop Pact, this date carries a special significance. This year, Putin brought the horrors of war back to Europe, along with the reminder that peace cannot be taken for granted,” she said.

Cabinet amends interest rate subsidy scheme to further support Cyprus economy

The Cabinet decided Monday to amend the interest rate subsidy scheme for housing and corporate loans, to further support the economy amid the ongoing effects of the COVID-19 pandemic and the war in Ukraine. The Ministry of Finance announced that the Cabinet decided the extension of the disbursement period and the opportunity to restructure loans granted on the basis of interest rate subsidy scheme.

Cyprus Composite Leading Economic Index down 2.4% in July amid inflation and growing uncertainty

The Cyprus Composite Leading Economic Index (CCLEI) recorded a year-over-year decrease of 2.4% in July 2, 2022 following the year-over-year decrease of 1.5% recorded in June 2022, based on the recent and revised data. According to Economics Research Centre of the University of Cyprus, the ongoing war between Russia and Ukraine, the high inflation, and the growing uncertainty, are reflected in the negative year-over-year growth rate of the CCLEI in July 2022.

Greek Cypriot side remains committed in creating conditions for resumption of peace talks, FM says

The Greek Cypriot side remains committed in creating those conditions that will lead to the resumption of the UN peace talks for the reunification of the island, the Cyprus Foreign Ministry says. The MFA issued a press release on Monday following statements made by the so-called foreign ministry in the occupied areas.

Cyprus FM had a farewell meeting with Swedish Ambassador

Cyprus Foreign Minister, Ioannis Kasoulides, had a farewell meeting with the Ambassador of Sweden to Cyprus, as the latter’s term of office on the island comes to an end. The Foreign Ministry said in a post on Twitter that Kasoulides had the opportunity to formally bid farewell to a good friend of Cyprus, Mr. Anders Hagelberg at the end of his tenure as Ambassador of Sweden in Nicosia. Moreover, the Ministry expressed to Hagelberg best wishes for all his future endeavours.

Minister of Foreign Affairs and Ambassador of Panama discuss maritime and bilateral issues

The Minister of Foreign Affairs Ioannis Kasoulidis had Tuesday a meeting with the Ambassador of Panama, Julie Lymberopulos and the Director General for Seafarers of the Maritime Authority of Panama, Juan Maltez. ? Ministry of Foreign Affairs’ post on Twitter says that the meeting was cordial and there was a “fruitful exchange of views on specific issues concerning our bilateral relations”.

Presidential Commissioner and Ambassador of Serbia discuss Cyprus-Serbia cooperation on missing persons

Presidential Commissioner Photis Photiou met Tuesday with the Ambassador of Serbia to Cyprus, Marko ?arko ?lagojevic, to discuss the cooperation of the two countries on diaspora matters as well as further ways of cooperation of the Cyprus-Serbia diaspora. According to a Presidency’s announcement, in the context of a Memorandum of Cooperation on Diaspora issues and a decision taken during the visit of the Serbian Deputy Foreign Minister to Cyprus in February 2022, a series of meetings were planned in August and September for the exchange of know-how and experiences on Diaspora issues.

Greenhouse gas emissions fell in the EU compared to 1990, increased in Cyprus

Greenhouse gas emissions (GHG) in the European Union have declined in most sectors in 2020 compared to 1990, according to data produced by the European Environment Agency (EEA) and re-published by Eurostat, the statistical service of the European Union. The only category where GHG emissions have not declined is that of fuel combustion in transport, including international aviation.

Cyprus ‘ Foreign Minister reaffirms support for Ukraine, addressing the Second Summit of Crimea Platform

Foreign Minister Ioannis Kasoulides reaffirmed Cyprus’ principled stance and the unwavering commitment to the sovereignty and territorial integrity of Ukraine, in his address to the Second Summit of Crimea Platform. “? am greatly honored to address this Summit on behalf of President Anastasiades and particularly pleased that I have the opportunity to reaffirm Cyprus’ principled stance as well as our unwavering commitment to the sovereignty and territorial integrity of Ukraine”, he said.

Former Ambassador of Greece to Cyprus, Theocharis Lalakos, appointed SG of Greek FM

Former Ambassador of Greece to Cyprus, Theocharis Lalakos, was appointed Secretary General of the Greek Ministry of Foreign Affairs. The decision was taken by the Prime Minister and the Minister of Foreign Affairs and published in the Government Gazette on 19.8.22, a Foreign Ministry announcement said on Tuesday.

Newly appointed British High Commissioner to Cyprus presents copy of credentials to MFA

Newly appointed British High commissioner to Cyprus, Irfan Siddiq presented on Tuesday a copy of his credentials to the Ministry of Foreign Affairs. In a post on Twitter, he said “great to have arrived in Nicosia and presented a copy of my credentials from Her Majesty The Queen to MFA Protocol Chief Andreas Panayiotou as my first act as incoming British High Commissioner to Cyprus”. The new British High Commissioner to Cyprus comes to Cyprus after posts to Sudan and Azerbaijan. He succeeded Stephen Lillie CMG who was transferred to another Diplomatic Service appointment.

Cyprus FM holds telephone conversation with Estonian counterpart

Cyprus Foreign Minister, Ioannis Kasoulides, has had a telephone conversation with his Estonian counterpart Urmas Reinsalu. The Foreign Ministry said on Wednesday in a post on Twitter that the two Ministers discussed issues pertaining to cooperation at the EU level and our joint response to the war in Ukraine.

Ukrainian Ambassador expresses gratitude for Cyprus’ and other countries’ solidarity on Ukraine’s Independence Day

Ukrainian Ambassador to Cyprus, Ruslan Nimchynskyi, expressed the Ukrainian embassy’s and the Ukrainian community’s gratitude to Cyprus and other countries for the solidarity they are exhibiting with their presence in an event that took place on Wednesday on the occasion of the 31st anniversary of Ukraine’s Independence. In a tweet, the Ambassador referred to a “fantastic action in support of Ukraine” with the participation of the leadership of Cyprus’ Foreign Ministry and Heads of foreign diplomatic missions in Cyprus. “The Embassy of Ukraine and the Ukrainian Community are sincerely grateful for this sign of solidarity! Together to Victory!,” the Ambassador said in his tweet.

Cypriot internet users that use it to read news sites increased significantly since 2016 according to Eurostat

Cyprus is one of the countries of the EU with the largest percentage of internet visitors that use it to read online news sites, newspapers and news magazines, according to data released by Eurostat, the statistical office of the European Union. In 2021, 89% of of all people in the EU aged between 16 and 74 years said they had used the internet at least once within the three months prior of the survey date.

Cyprus FM has telephone conversation with his Egyptian counterpart

Cyprus Foreign Minister, Ioannis Kasoulides, has had a telephone conversation with the Foreign Minister of Egypt, Sameh Shoukry. The Foreign Ministry said on Wednesday in a post on its Twitter account that the two Ministers exchanged views “on issues of our common bilateral agenda with emphasis on the upcoming UN Conference on Climate Change COP27 in Sharm El Sheikh presided by Egypt.”

The CySEC is monitoring the BOC takeover bids

The Cyprus Securities and Exchange Commission (CySEC) is closely monitoring the non-binding takeover bids of the Bank of Cyprus filed by Lone Star and is also in consultation with both the Bank of Cyprus and the Irish Takeover Panel, the President of the Cyprus Securities and Exchange Commission (CySEC) George Theocharides has told CNA. At the same time, on the issue of the purchase of Bank of Cyprus shares by Senvest Management LLC a competent source told CNA that Senvest sees the progress made at the Bank of Cyprus and is buying the bank’s shares.

Menelaou-Olgun have their first meeting after a short summer break, Cyprus FM meets with new UK High Commissioner

Greek Cypriot negotiator, Menelaos Menelaou, and the special representative of the Turkish Cypriot leader, Ersin Tatar, Ergun Olgun, had, on Thursday morning, their first meeting after a short summer break. Their meetings are taking place under the UN auspices.

New asylum applications in EU and Cyprus increase in May compared to April, according to Eurostat

In May 2022, first-time asylum applicants in the European Union increased by 17% compared to April 2022, and by 89% compared to May 2021, according to monthly asylum data published by Eurostat, the statistical office of the EU. In absolute numbers, in May there were 63,105 first-time asylum applicants for international protection in the EU Member States, compared with 54,145 in April 2022 and 33,385 in May 2021.

Cyprus’ support for Ukraine demonstrates its unwavering commitment to rule of law and democratic principles, US Ambassador says

?he United States and its allies and partners around the world, including Cyprus, will continue to stand with Ukraine and support its fight for survival while also working to bolster European security and democratic values, US Ambassador to Cyrus, Judith Garber said on Sunday in an op-ed on Ukraine’s “Six Months of Resistance, Resilience, and Resolve.” The Ambassador said that August 24, 2022 marked the 31st anniversary of Ukraine’s independence but “sadly, the day also marks six months since the Russian government launched its unprovoked, full-scale invasion of Ukraine—an attack so shocking it launched an unprecedented global sanctions campaign against Russia for it actions, spurred the closure of ports across the EU including Cyprus to Russian vessels, and propelled two new countries to seek membership in the NATO Alliance.”

Israel will not let any warming up of its relations with Turkey affect its relations with Cyprus and Greece, Ambassador Anolik tells CNA

Israel will not let any kind of warming up of its relations with Turkey affect its relations with Cyprus and Greece, Israeli Ambassador in Nicosia, Oren Anolik, stressed in an interview with the Cyprus News Agency (CNA). “Israel and Cyprus are good friends and strategic partners. We don’t have any intention to change this no matter what will be our relations with other countries in the region. We feel that there are a lot of opportunities and potentials. And we would like to take all this and move it forward for the benefit of the people of Cyprus and Israel,” Anolik noted.

Cyprus’ Foreign Minister goes to Prague for the Gymnich, the Ministry’s Spokesperson tells CNA

Cyprus’ Minister of Foreign Affairs, Ioannis Kasoulides, will be in Prague on Monday for the Informal Meeting of the Ministers of Foreign Affairs of the European Union (Gymnich), the Foreign Ministry’s Spokesperson, Demetris Demetriou, has told CNA. According to Demetriou, the Gymnich will start with a discussion on EU-Africa relations. Later on, the Foreign Ministers will have dinner at the Czech Ministry of Foreign Affairs, he added.

Net decrease in deposits and loans recorded in July, according to CBC data

In July 2022, total deposits reached €51.2 billion and total loans €28.6 billion, recording a net decrease, compared to June. This is what data on Monetary and Financial Institutions’ deposits and loans show, included in the August 2022 edition of Monetary and Financial Statistics, published on Friday by the Central Bank of Cyprus. Total deposits in July 2022 recorded a net decrease of €183.9 million, compared with a net increase of €352.5 million in June 2022.

Congress members express concerns to Blinken about Turkey acquiring S-400 missile defense system

Congressman Chris Pappas, member of the Hellenic Caucus, led a bipartisan group of 19 lawmakers in expressing concern about recent reports that Turkey is considering further acquisitions of Russian S-400 missile defense systems. The lawmakers are restating their opposition and requesting an update from U.S. Secretary of State Anthony Blinken on the reported sale of F-16s to Turkey by the United States.

Confirmation ceremony of new Deputy Chief of National Guard and opening of phase 3 of Protaras coastal promenade, on President’s schedule next week

The confirmation ceremony of the new Deputy Chief of the National Guard and the opening of phase 3 of Protaras coastal promenade stand out of next week’s activities on the schedule of the President of the Republic, Nicos Anastasiades. In a written statement by the Director of the Press Office of the President of the Republic, Andreas Iosif, it is announced that on Wednesday, 31st, at 9.30am a Cabinet meeting will be held.

Cyprus’ President says he did “all that was humanely possible” for a dignified solution to the Cyprus problem

Cyprus’ President Nicos Anastasiades said he did “all that was humanely possible” for a dignified solution to the Cyprus problem, stressing the obligation to protect the Republic of Cyprus and the state, both politically, through the alliances Nicosia has forged, and through defence. In his speech at a dinner held by the Limassol Association of Reserve Officers, on Friday evening, the President also said that the strategic cooperation with Israel has allowed the Republic of Cyprus to be able to defend itself effectively against modern weapon systems.

Online travel agencies did not significantly affect hotel competition according to study including Cyprus

The European Commission published the results of an external market study on the distribution practices of hotels in the European Union, which focused on a representative sample of six Member States (Austria, Belgium, Cyprus, Poland, Spain and Sweden). The market study was conducted in 2021 and covers the period between 2017 and 2021 and aimed to establish whether hotels’ distribution practices differ between Member States, as well as to follow up on a similar monitoring exercise carried out by the European Competition Network (ECN) in 2016.

67% of businesses in Cyprus, and 66% of SMEs, have at least basic level of digital technologies according to Eurostat

In 2021, 67% of enterprises in Cyprus and 56% of EU enterprises reached a basic level of use of digital technologies (digital intensity) according to data released by Eurostat, the statistical service of the EU. A basic level entails the use of at least four of twelve selected digital technologies (such as using any AI technology or having e-commerce sales account for at least 1% of total turnover).

President Anastasiades takes steps for a meeting with the UNSG in September

Cypriot President Nicos Anastasiades is taking steps for a meeting with the Secretary General of the United Nations in September in New York, as he told journalists on Sunday. “There are already steps being taken for a meeting with the Secretary General, and of course the purpose of the meeting is only to convey the need to implement what is agreed upon by the Secretary General”, he said when asked if in New York he will try for a return to the dialogue table for the last time. He added that there were no news from Miroslav Jenca, the UN Assistant Secretary-General in Cyprus. “As long as Turkey objects, unfortunately there is a retreat from the decisions of the United Nations, and that makes me particularly sad”, he said.

Cyprus’ Defence Minister travels to Prague for informal meeting with EU counterparts

Cyprus’ Defence Minister, Charalambos Petrides, is travelling to Prague on Sunday to participate in an informal meeting of the EU Defence Ministers, the focus of which will be the situation in Ukraine and its impact on the bloc’s security and defence. According to a statement by the Ministry of Defence, during the meeting, in the presence of representatives from the UN, NATO and the European Parliament’s Subcommittee on Security and Defence (SEDE), the impact of the Russian invasion at global and domestic levels will be discussed, as well as support to the Ukrainian people.

Interior Minister calls for effort to find a viable and fair Cyprus solution

The best way to secure the future of Cypriot Hellenism in their homeland is to continue the struggle to find a fair, viable and functional solution to the national problem, as prescribed by the relevant UN resolutions and according to the principles and values of the EU, said Interior Minister Nicos Nouris. In a speech on Sunday at the annual anti-occupation event for Ashia village, held at the courtyard of Apostolos Andreas Church in Aglantzia, Nicosia, Nouris referred to a solution that will really unify the island and the society and create entitled promising prospects for the future”.

Foreign Minister Kasoulides in Prague for informal FAC meeting to discuss Russian tourist visa ban proposal

Foreign Minister Ioannis Kasoulides will have bilateral meetings with the Foreign Ministers of Estonia and Ukraine on the margins of his participation in the informal meeting of the European Union’s Foreign Ministers, which will be taking place on Tuesday and Wednesday, 30 – 31 August, in Prague, Czechia. One of the main issues expected to be on the agenda is the proposal by Estonia and other Baltic and eastern European countries for a total ban of issuing tourist visas for Russian citizens in all member states of the EU.

Petrides to participate in Defence Minister meeting in Prague on Russian invasion and EU support to Ukraine

The European Union’s Defence Ministers will discuss the consequences of the Russian invasion of Ukraine on the defence and security of Europe, with the participation of senior officials of the UN, NATO and the European Parliament, during an informal meeting in Prague held under the Czech Presidency of the Council of the EU, on Monday and Tuesday, 29 – 30 August. Cyprus will be represented by Minister for Defence Charalambos Petrides. The Defence Ministers will have a separate discussion on the war in Ukraine, which will also be attended by Ukrainian Minister of Defence Oleksii Reznikov.

Fuel sales drop marginally in July, sales from fuel pumps drop for second month in a row

Total sales of petroleum product in Cyprus dropped by an annual 0.7% in July 2022, with fuel sales from fuel pumps recording annual reductions for a second consecutive month, in the midst of soaring energy prices. According to data released on Monday by the Statistical Service of Cyprus (Cystat), total sales of petroleum products in July 2022 amounted to 115,926 tonnes, recording a drop of 0.7% compared to July 2021.

The economic sentiment deteriorated in August in a 17-month low, according to the Economic Sentiment Indicator

The economic sentiment in Cyprus deteriorated in August to a 17-month low, as the Economic Sentiment Indicator (ESI-CypERC) decreased by 4.5 points compared with July 2022. The decrease in the ESI-CypERC was due to weaker business confidence in services and, to a lesser degree, lower economic confidence in construction and among consumers.

The fight to ascertain the fate of the missing to continue, Presidential Commissioner’s Office pledges

The fight to ascertain the fate of all missing persons, Greek Cypriots, Greeks and Turkish Cypriots will continue, pledged on Monday the office of the Presidential Commissioner on the occasion of the International Day of the Victims of Enforced Disappearance marked on 30th August. The office urged anyone who has information on the fate of the missing or about possible burial sites to immediately inform the relevant services.

Boris Johnson reaffirms UK’s support for a Cyprus settlement under the auspices of the UN, Pelekanos says

British Prime Minister Boris Johnson reaffirms, in his letter to the President of the Republic, his country’s support for the Cyprus issue settlement process under the auspices of the UN and shares the disappointment of President Anastasiades in relation to the unilateral actions of the Turkish side in the fenced area of the town of Varosha, Government Spokesman Marios Pelekanos said in a written statement on Monday. According to Pelekanos, in his recent reply letter to the President of the Republic, Nicos Anastasiades, the British Prime Minister “reaffirms his country’s support for the Cyprus problem’s settlement process under the auspices of the UN.” “Prime Minister Johnson also reiterates London’s position in favour of the known parameters for a settlement, based on a bi-zonal, bi-communal federation, which can address the concerns of all Cypriots, Greek Cypriots and Turkish Cypriots,” Pelekanos says. “He categorically rejects the ‘two-state solution’ put forward by the Turkish side,” he adds.

Cyprus tries to reach agreements on migrant returns, says Interior Minister

Cyprus is trying to reach agreements for the return of migrants, said the Minister of the Interior, Nicos Nouris, after his meeting with the President of DISY and candidate for the Presidency of the Republic, Averof Neofytou, on Monday, at the party’s headquarters in Nicosia. The topic discussed at the meeting was Neofytou’s recent trip to Congo in order to discuss the return of immigrants who have come to Cyprus. Initially, the Minister of the Interior spoke of the Government’s “continuous and uninterrupted efforts” to manage the immigration issue, adding that “any initiative that is supportive in the direction of our own efforts is welcome”.

Cyprus expresses support to nuclear disarmament and the total elimination of nuclear weapons

Cyprus has expressed its support to nuclear disarmament and the total elimination of nuclear weapons on the occasion of the International Day Against Nuclear Tests. “On this year’s International Day Against Nuclear Tests. Cyprus reiterates its support to nuclear disarmament and the total elimination of nuclear weapons. We embrace a world free of nuclear weapons and tests,” the Cypriot Ministry of Foreign Affairs said in a post on Twitter. CNA/MK/AGK/2022 ENDS, CYPRUS NEWS AGENCY

Cyprus expresses condolences and solidarity to the Government and the people of Pakistan following the floods in the country

Cyprus has expressed deep condolences and solidarity to the Government and the people of Pakistan for the tragic loss of life, following the floods in the country. “Cyprus expresses deep condolences and solidarity to the Government and people of Pakistan for the tragic loss of life, following Pakistan floods. Destruction of infrastructure and loss of crops/ livestock is alarming in the face of looming global food crisis, climate crisis”, the Ministry of Foreign Affairs said in a post on Twitter.

Nicosia takes all necessary actions to secure Cyprus’ interests, source tells CNA following Navtex exchange with Turkey

Nicosia takes in every case all necessary actions to secure the interests of the Republic of Cyprus as a sovereign state, a source has told the Cyprus News Agency (CNA), asked about the navigational telex, or NAVTEX, issued by the Republic of Cyprus Joint Rescue Coordination Center, in reaction to a Turkish NAVTEX, valid from August 26 to 29, for scientific research in an area. Part of this area overlaps with the exclusive economic zone (EEZ) and continental shelf of the Republic of Cyprus. The same source noted that the Turkish NAVTEX expires at midnight tonight and that the Turkish vessel “Bilim 2” for which the Turkish navigation warning was issued, was docked until early this afternoon at a Turkish port.

Gymnich begins on Tuesday in Prague, Russian tourist visa ban proposal on agenda, Kasoulides to hold bilateral meetings

Cyprus Foreign Minister Ioannis Kasoulides will have bilateral meetings with the Foreign Ministers of Estonia and Ukraine on the margins of his participation in the informal meeting of the European Union’s Foreign Ministers, which will be taking place on Tuesday and Wednesday in Prague. One of the main issues expected to be on the agenda is the proposal by Estonia and other Baltic and eastern European countries for a total ban of issuing tourist visas for Russian citizens in all member states of the EU.

Foreign Ministry to make representations to UN over incident in buffer zone

The Ministry of Foreign Affairs will be making representations to the United Nations over an incident that took place Monday, in the buffer zone near the village of Deneia. The MFA is also in contact with the local authorities and was briefed on the event.

Germany is the largest producer of ice cream in EU and France the largest exporter, according to Eurostat

In 2021, the EU produced over 3.1 billion litres of ice cream, a 4% increase from the previous year according to data released by Eurostat, the EU’s statistical service. In the same year, EU Member States exported 254 million kilograms of ice cream to non-EU countries, worth a total of 850 million euro, while imports of ice cream from non-EU countries amounted to 71 million kilograms, worth a total of €192 million.

Commission concerned over expulsion of Greek journalist from Turkey and over freedom of expression in the country

The European Commission is concerned over the news of the expulsion of Brussels accredited Greek correspondent Evangelos Aretaios from Turkey, as well as over “Turkey’s attempts to undermine freedom of expression and the pluralism of media”, spokesperson Nabila Massrali said, responding to a question by the Cyprus News Agency during the day’s midday briefing. Aretaios is the Brussels correspondent for Cypriot media group Dialogos and Greek newspaper Real News, has worked as a correspondent for Cypriot media over a period of years, and is also a research associate at the University of Nicosia and ELIAMEP.

President Anastasiades to pay official visit to Israel in November

Cyprus President Nicos Anastasiades will pay an official visit to Israel in November at the invitation of his Israeli counterpart, Isaac Herzog. In a written statement Government Spokesperson Marios Pelecanos said that Israel underlines that it will always support the Republic of Cyprus as it has proved to be a firm ally. Pelecanos said that President Herzog will award President Anastasiades the Presidential Medal of Honour, which is the highest Israeli order awarded in exceptional cases, to the true friends of Israel.

?he Industrial Production Index records an increase of 4.2% in the first 6 months of 2022

?he Industrial Production Index in June 2022 reached 142.1 units, recording an increase of 2% compared to June 2021. Similarly, for the period January – June 2022, the index recorded an increase of 4.2% compared to the corresponding period of the previous year. According to data of the Statistical Service, the manufacturing sector registered an increase of 2.4% compared to June 2021.

Cyprus Defence Minister speaks of importance of implementing aspects of Strategic Compass at EU informal meeting

The “tragic” impact of the war both on Ukraine and at the international and regional levels, as well as its consequences for global energy and food security, noted Cyprus’ Defence Minister, Charalambos Petrides, on Tuesday in the context of the informal meeting of EU Ministers of Defence, held in Prague. According to a Defence Ministry press release, the global impact and consequences of the Russian invasion of Ukraine were discussed in the framework of the informal meeting of EU Defence Ministers, in which Petrides also participated.

Kasoulides said he expects open and free discussion without decisions at Gymnich

Foreign Minister Ioannis Kasoulides has said that he expects an open but without decisions discussion during the informal EU Foreign Affairs Ministers meeting in Prague. Kasoulides made a short statement upon his arrival to the informal meeting (known as Gymnich) taking place in Prague under the auspices of the Czech Presidency of the Council of the EU. “We have an opportunity to discuss without taking decisions, an open discussion, so I expect that the issues that are now preoccupying us will be discussed in a much more relaxed way,” Kasoulides told journalists.

Republic of Cyprus to revoke seven passports granted through the Cyprus Investment Program

The Republic of Cyprus will revoke seven passports that were granted through the Cyprus Investment Program, following a decision by the Cabinet, Minister of Interior, Nicos Nouris, announced on Wednesday. Speaking after today’s meeting, Nouris said that the passports were granted to four investors and three of their family members. He explained that the Cabinet’s decision is based on the findings of the Inquiry Committee, the sanctions imposed by the EU and the current legislative framework.

President Anastasiades in Athens to receive aircraft donated by the Hellenic Republic

President of Cyprus, Nicos Anastasiades, travels to Athens on Thursday, where he is set to meet on Friday, September 2, with the Prime Minister of Greece, Kyriakos Mitsotakis. According to a statement issued by the Presidency of the Republic, Anastasiades will be accompanied by Government Spokesperson, Marios Pelekanos and other officials.

General Government generates surplus of €141.8 million in first seven months of 2022

The fiscal accounts of the general government generated a surplus of €141.8 million for the period of January – July 2022 marking a sizeable improvement compared to a deficit of €7,111 million in the respective period of last year, according to preliminary data released by the Cyprus Statistical Service (Cystat). As a percentage of GDP, the general government’s surplus in January – July 2022 amounted to 0.6% of GDP compared with a deficit of 3% in the corresponding period of 2021.

Tourism-related services lead the way in Services value turnover in Q2 2022

Accommodation and food services toped annual gains in the Turnover Value Index in the second quarter, reflecting the recovery of the tourist sector. According to data released by the Statistical Service of Cyprus (Cystat), the turnover value index in accommodation and food services jumped by an annual 84.3% in the second quarter of 2022, followed by administrative and support service activities with 69.8%, information and communication with 34.8% and professional, scientific and technical activities with 9.0%.

Financial aid to Turkish Cypriots up by €1.4 million in 2021

Republic’s of Cyprus financial aid to the Turkish Cypriots increased by €1.4 million in 2021. Minister of Finance Constantinos Petrides who briefed on Wednesday the Cabinet about the financial aid, said that in 2021 it amounted to €40.4 million and was increased by €1.4 million compared to 2020, when the financial assistance amounted to €39 million.

Output prices index rises by an annual 27.5% in July

The Index of Industrial Output Prices for July 2022 jumped by an annual 27.5% marking the inflationary pressures in economic activity in the midst of the war in Ukraine and the recovery from the Covid-19 pandemic. According to data released by the Cyprus Statistical Service (Cystat), the Index of Industrial Output Prices for July 2022 reached 140 units (base 2015=100), recording an increase of 4.6% compared to June 2022 and 27.5% year on year.

Cyprus against horizontal ban for visas to Russians at Gymnich, FM raises Turkey’s non alignment with sanctions

Foreign Minister Ioannis Kasoulides said that Cyprus was against a horizontal ban on EU visas for Russian citizens, pointing out that relations between peoples should be maintained, while also drawing attention to the issue of Turkey’s non alignment with EU sanctions, during Wednesday’s informal meeting of EU Foreign Ministers (Gymnich) which took place in Prague, under the auspices of the Czech Presidency of the EU. According to a press release by the Cypriot Foreign Ministry, during his intervention Kasoulides pointed out that the measures that will be taken need to “turn against the Putin regime, without harming or having negative effects for the Russian people.” Kasoulides also said that Cyprus was sceptical regarding the possibility of a full and horizontal ban on visas for all Russian citizens and pointed out that there is a need for civil society to continue being in contact.

Another important reform takes shape, says President Anastasiades about National Minimum Wage

President of the Republic of Cyprus Nicos Anastasiades welcomes, in a post on Twitter the setting of the National Minimum Wage, a decision taken Wednesday by the Council of Ministers. “Another important reform takes shape”, says the President his post, adding that the National Minimum Wage supports workers, especially the young and vulnerable.

Cyprus MFA says EU member-states retain the right to examine and approve or reject requests for citizens of Russia

The Cyprus MFA clarifies that the Gymnich decision in principle to suspend the Visa Facilitation Agreement does not mean abrogation or ban on issuing visas to citizens of Russia. MFA Spokesperson Demetris Demetriou wrote on a tweet post this afternoon that the EU Member States continue to retain the right to examine and approve or reject requests for citizens of Russia.

Source: Cyprus News Agency