Russia has said that it has remarked in the past about reforming the system of guarantors in Cyprus, however it sticks to the internationally acknowledged basis for a bizonal, bicommunal federal solution in Cyprus. First Deputy Permanent Representative Dmitry Polyanskiy, in a press briefing on Thursday at the UN headquarters, was invited to answer what […]
Continue ReadingCyprus President Nicos Anastasiades has extended condolences to Israel for the tragedy at Mount Meron where 44 people were crushed to death, and over 150 were injured in stampede at mass Lag B’Omer event. “Our thoughts and prayers are with the people of #Israel and with the families of those killed or injured following the […]
Continue ReadingCyprus’ Foreign Minister Nikos Christodoulides in a communication with his Israeli counterpart, has expressed his sincere condolences to families of victims killed at the Lag B`Omer celebration which takes place annually at the foot of Mount Meron. In a Twitter message, the minister said “our thoughts go out to the people of #Israel following the […]
Continue ReadingCypriot Minister of Foreign Affairs, Nikos Christodoulides, has expressed to his Chinese counterpart Wang Yi his appreciation for China’s firm stance in support of a solution to the Cyprus issue based on the relevant UNSC resolutions. In a Twitter post, the Minister described their telephone conversation as “cordial”, noting he had the opportunity to brief […]
Continue ReadingUK sources have indicated that Foreign Secretary Dominic Raab did not deviate from the UN parameters regarding the settlement of the long-standing Cyprus issue during this week’s informal talks in Geneva. A report by the Turkish Service of the BBC World Service suggested that Mr Raab presented two different proposals to the Turkish and Greek […]
Continue ReadingThe median age of patients in Famagusta Reference Hospital stands at 62 years and the youngest patient is only 32 years old, Amalia Hadjiyiannis, Medical Director of the Hospital told the Cyprus News Agency. She said that right now there are 68 patients in the Hospital and 6 of them are in the Advanced […]
Continue ReadingNon-performing loans (NPLs) in the Cyprus banking system rose marginally in January 2021, pushed upwards by interest capitalization at the end of the year. According to data released by the Central Bank of Cyprus (CBC), NPLs, as defined by the EBA, amounted to €5.13 billion in January 2021, from €5.11 billion in end-2020, with […]
Continue ReadingThe Index of Industrial Output Prices recorded an annual decrease of 1.8% in March 2021 compared to the same month a year ago. According to the Statistical Service of Cyprus, the Index of Industrial Output Prices for March 2021 reached 101.5 units (base 2015=100), recording an increase of 0.2% compared to February 2021. […]
Continue ReadingThe Cyprus Residential Property Price (RPPI) Index marked its second marginal consecutive quarterly reduction in the fourth quarter of 2020, with the government’s interest rate subsidy scheme offsetting the negative impact of the COVID-19 pandemic and reduced demand due to the termination of the Cyprus Investment Scheme, the Central Bank of Cyprus (CBC) has said. […]
Continue ReadingLiquidity (the difference between deposits and loans) in the Cyprus banking system amounted to 16.8 billion in March 2021, according to data published by the Central Bank of Cyprus (CBC) on Thursday. According to the CBC, total deposits in March 2021 recorded a net increase of €270.2 million, compared with a net decrease of […]
Continue Reading