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Kantou Village                                  Photo © CyprusExpat.co.uk

19 April 2017

1. Juncker to also discuss Cyprus with UN Secretary General in Washington

Cyprus will "naturally be part of the talks" European Commission President Jean Claude Juncker will have with the UN Secretary General Antonio Gutteres, in Washington. Commission Spokesman Margaritis Schinas told CNA that the two men will meet in the sidelines of the International Monetary Fund and World Bank Spring Meetings, to be held between April 20-22.

2. President Trump believes in a just Cyprus solution, AHEPA Supreme President says

The new US administration, under President Donald Trump, believes in a just solution for Cyprus, AHEPA Supreme President Andrew Zachariades said on Wednesday.
He was speaking after a meeting between an AHEPA delegation, headed by Zachariades, and the President of Cyprus Nicos Anastasiades, in Nicosia, during which they were informed on developments in Cyprus talks, the economy, energy and bilateral ties with the US.

3. Foreign Office notes concern over Turkey’s referendum process and urges respect for rule of law

The UK Foreign Office has noted the OSCE’s concern over last weekend’s referendum process in Turkey and has urged the country’s government to respect its international commitments towards the rule of law and fundamental rights in the implementation of the approved constitutional changes.
 
4. Death penalty is incompatible with CoE membership, PACE warns Turkey

"Reintroducing the death penalty would be simply incompatible with Turkey’s continued membership of the Council of Europe" says Yves Cruchten, the General Rapporteur on abolition of the death penalty for the Parliamentary Assembly of the Council of Europe (PACE), who adds that Turkish President Erdogan "should be under no illusion". According to the rapporteur from Luxembourg, the Assembly "will not accept any backsliding on this".

5. IMF: Cyprus economy growth to slow down in the next two years

The Cyprus economy is exhibiting a slight growth rate of the economy for the years 2017 and 2018, according to the International Monetary Fund (IMF), aligning its projections for the next two years with corresponding evaluations of the European Commission. The IMF`s World Economic Outlook report for April 2017 said that after a GDP of 2,8% in 2016, the IMF estimates that the growth rate will be slightly slower to 2.5% and in 2019 to 2.3%.

6. Cyprus trade deficit increases in February 2017 at €-0.6 billion

Eurostat estimates that Cyprus exports of goods to the rest of the world, for in February 2017 was €0.3 billion, an increase of 34% since February 2016. Imports from the rest of the world stood at €0.9 billion a rise of 36% compared with February 2016.
 
7. Inflation in Cyprus rises to 1.5% in March 2017 according to Eurostat

Inflation in Cyprus increased to 1.5% in March 2017, from 1.4% in February and from --2.2% in March 2016, according to Eurostat, the statistical office of the European Union. Meanwhile the Euro area annual inflation was 1.5% in March 2017, down from 2.0% in February. In March 2016 the rate was 0.0%. European Union annual inflation was 1.6% in March 2017, down from 2.0% in February. A year earlier the rate was 0.0%.CNA

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