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Lysos Village                                         Photo © CyprusExpat.co.uk

04 June 2017

1. Nicosia condemns London attacks

Cowardly acts, such as these that took place in London, on Saturday evening, succeed only to forge the will for decisive action on the part of the international community to fight terrorism, President of Cyprus Nicos Anastasiades wrote today, in a message on twitter. The Foreign Ministry of Cyprus also issued an announcement, unequivocally condemning the terrorist attacks in London, while reiterating Nicosia’s resolve to contribute in the fight against terrorism.

2. No reports yet for Cypriots among the victims in London, says the Foreign Ministry

No reports have been received as of yet for Cypriots among the victims of Saturday’s terrorists attack in London, however it is still early to have a clear picture, the Foreign Ministry’s Crisis Management Center Director, Homer Mavrommatis, told CNA. Moreover, Cypriots who were unable to contact their relatives are urged to communicate with the High Commission in London.

3. Cyprus President arrives in New York to attend dinner with Guterres and Akinci

Cyprus President Nicos Anastasiades arrived late on Saturday in New York, where he is attending, together with the Turkish Cypriot leader Mustafa Akinci, a dinner, hosted by the UN Secretary General António Guterres. The SG and the leaders are expected to review the present situation in Cyprus talks and discuss the way forward. En route to New York, President Anastasiades had a stop-over in London, where he met with former British Prime Minister David Cameron and discussed Cyprus developments and Brexit.

4. Cyprus ready to contribute to Commonwealth’s “blue development” efforts

Minister of Agriculture Nicos Kouyialis said on Friday Cyprus was ready to contribute to Commonwealth efforts to promote “blue sustainable development”, while cooperating with other international organizations, such as the UN and the EU. He met with Patricia Scotland, the Secretary-General of the Commonwealth, in London, and discussed the priorities of island states ahead of the UN’s Ocean Conference, taking place in New York next week.

5. President flies to New York to discuss the future of Cyprus talks

The President of Cyprus Nicos Anastasiades departs for New York on Saturday afternoon, in order to attend tomorrow a working dinner with the United Nations Secretary-General Antonio Guterres, and the leader of the Turkish Cypriot community Mustafa Akinci. Speaking after the National Council, on Friday, Deputy Government Spokesman Victoras Papadopoulos said that the proposal tabled by President Anastasiades – to start with the chapter of Security and Guarantees – is “realistic and could unlock negotiations” over a Cyprus settlement.

6. VP Pence to receive President Anastasiades at the White House

Cyprus President Nicos Anastasiades will meet next week with US Vice President Mike Pence. According to well-informed sources in Washington, the meeting will take place on Thursday, June 8, and as CNA learns, a meeting with President Trump should not be ruled out. The last time a President from Cyprus visited the White House was in 1996.

7. DBRS rating agency upgrades Cyprus to BB (low) from B

DBRS rating agency has upgraded the Republic of Cyprus’s long-term foreign and local currency issuer ratings from B to BB (low) and changed the trend from Positive to Stable. It also confirmed the short-term foreign and local currency issuer ratings at R-4 and maintained the Stable trend. “The ratings reflect Cyprus’ solid fiscal performance in recent years” the agency says.

8. COLA to return as of 2018, Finance Minister announces

Cyprus Minister of Finance Harris Georgiades said on Friday that Cost-of-Living-Adjustment (COLA), which links salaries to inflation, will be paid to the broader public sector as of 2018. Addressing fears of a “fiscal derailment”, the Minister replied “to those who express concern” that “we respond with the actual results” showing that there is no deviation in the budget.

9. Hefty fines await employers using undeclared staff

Hefty fines, starting from €3,500 for each undeclared worker, and other penalties, will be imposed according to a bill that entered yesterday into force. Wrongdoers will be given a 3-month grace period, but no more than that, Labour Minister Zeta Emilianidou said on Friday. Undeclared work in Cyprus is estimated at 15.4%, according to the Minister.

10. Multinational S&R exercise “Argonaut 2017” wraps up in Larnaca

The final stage of the annual multinational exercise "Argonaut 2017" took place Friday at the old Larnaca Airport, in a specially designed area, and was attended by representatives of 22 European and other countries, that were involved in the drill. Defence Minister Christoforos Fokaides said the exercise was “one of the largest and most important” in the region.

11. CMP members to request access to UK classified archives

Members of the Committee on Missing Persons (CMP) in Cyprus will ask UK decision makers for access to classified archives, in their quest for pieces of information that might prove helpful in establishing the fate of persons who are still missing. Greek Cypriot Committee member, Nestoras Nestoros, told CNA that the issue will by discuss with officials in London, between June 18 and 22.

12. Cyprus Airways is officially in the skies

Cyprus Airways was welcomed back to Larnaka International Airport on Friday with the traditional water salutation, returning from its first flight Pulkovo International Airport in St. Petersburg. The airliner launched the first phase of its operations on June 1st, with the second phase of its extended flight schedule expected in a few months.

13. Cyprus ranks 37th in competitiveness out of 63 countries

Cyprus’ economy competitiveness ranks 37th out of 63 countries, according to the IMD World Competitiveness Ranking. Positive elements include foreign investments, the company tax regime and tourism revenue while weaknesses focus on long-term unemployment and the high level of public debt as a percentage of GDP, among others.CNA

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