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Pelendri Village                                            Photo ©

06 July 2017

1. Secretary General returns to Crans-Montana for meetings with Cyprus Conference participants

The return of the UN Secretary General Antonio Guterres in Crans-Montana today marks the eighth day of talks in the Swiss resort, as participants in the Conference on Cyprus continue deliberations for a Cyprus settlement. The conference starts at 12.00pm Cyprus time (9.00am GMT) and according to the initial schedule, the morning session will last for about an hour until 13.00pm. Subsequently, Guterres will meet separately with the two leaders, with each meeting scheduled to last for half an hour.

2. President Anastasiades announces initiative to submit proposals aiming at a breakthrough in Crans Montana

President Anastasiades said on Wednesday evening that he has undertaken the initiative to submit proposals with a view to overcome the deadlock at the negotiations on the Cyprus problem taking place in Crans-Montana, Switzerland, since June 28. He also called on the people of Cyprus to ignore rumors for "concessions" by the Greek Cypriot side, "which some people spread deliberately and in an ill-intentioned way" and to all those who "cultivate a climate of over-optimism." Our proposal aims to break the impasse and create prospects for a solution, President said, pointing out that if there are some who do not want to accept the justified concerns of the Greek Cypriots and are trying to create a different picture, this is a problem which they themselves have to solve.

3. President briefs National Council ahead of today’s deliberations in Switzerland

The National Council convened at 11.00am Cyprus time (8.00am GMT) this morning in Crans-Montana, Switzerland in order for the President of Cyprus Nicos Anastasiades to inform its members over yesterday’s discussions, in the framework of the Conference on Cyprus and ahead of today’s forthcoming deliberations, in the presence of the UN Secretary General Antonio Guterres. President Anastasiades is also scheduled to meet at 13.30 Cyprus time with EU High Representative and Commission Vice President Federica Mogherini.

4. Greek FM hopes for more substantive discussions with the help "of the wise UN Secretary General"

Negotiations have not proceeded as they should have done, a lot of time has been wasted and this explains why the Prime Ministers (of the three guarantor powers) will not come to Crans-Montana, Greek Foreign Minister Nikos Kotzias said after the conclusion of the evening session of the Conference on Cyprus that took place on Wednesday, expressing hope that "with the help of the wise UN Secretary General" they will hold on Thursday more substantive discussions. Asked if there is an indication that the Turkish side will change its stance, Kotzias replied: "I think that we must work so that it changes."

5. Eide: We are trying to make the best of the visit of the UNSG to Crans Montana

Special Adviser of the UN Secretary-General on Cyprus Espen Barth Eide, said that “we are trying to make the best out of his visit” and that there will be continuous preparations tonight and early tomorrow morning for that. US Vice President Mike Pence and the EU’s High Representative and Commission Vice President Federica Mogherini had a telephone conversation on Wednesday and agreed on the importance of the ongoing Conference on Cyprus in Crans-Montana, Switzerland. In addition, US Secretary of State Rex Tillerson will convey the message to the Turkish political leadership that there is currently a unique opportunity for a settlement of the Cyprus problem, during his visit to Istanbul on July 9-10.

6. EP discusses 2016 report on Turkey

The European Parliament discusses its 2016 report on Turkey, which supports the Commission’s proposal to start negotiations with Turkey on the upgrading of the Customs Union, while at the same time calls on the European Commission and the Member States to formally suspend the accession negotiations with Turkey without delay if the constitutional reform package is implemented unchanged. With regards to the Cyprus problem, the report, prepared by Dutch MEP Kati Piri (S&D) says that a settlement of the Cyprus problem would have a positive impact on the entire region, while first and foremost benefiting both Greek Cypriots and Turkish Cypriots.

7. Commissioner Moscovisi talks to CNA

Pier Moscovici, the EU Commissioner on Economy and Finances, explains his bid for the Presidency of the European Commission, his role in the negotiations for the conclusion of the 2nd Greek Review and his views on the future of the Eurogroup format of the Council, in an interview with CNA. Commissioner Moscovici reminds that in 2019, it will be fifteen years since the last time a centre-left politician – Romano Prodi – headed the Commission. He also reiterates that economic policy for the eurozone needs to be steered by a formal body with decision-making powers, chaired by a eurozone finance minister, who will be at the same time EU Commissioner.

8. Greece and Cyprus tourist associations ratify agreement for trilateral cooperation with Israel

An agreement providing for the establishment of a common tourist institution among Greece, Cyprus and Israel, the East Mediterranean Travel and Tourist Agents Associations Synergies (EMTTAAS), has been ratified by the Federation of Hellenic Associations of Tourist & Travel Agencies (FEDHATTA) and the Association of Cyprus Travel Agents (ACTA).

9. Unemployment declined by 13.3% in June

The number of unemployed persons decreased last June by 13.3%, compared to June 2016, says the Statistical Service of the Republic of Cyprus.  According to CyStat, data from the District Labour Offices show that the number of unemployed by the end of June 2017 stood at 30,577 people.

10. Mortgage interest rates decline to new historic low

Mortgage interest rates in the Cypriot banking system declined to 2.76% in May 2017, marking a new historic low, according to figures released by the Central Bank of Cyprus. Compared with April the mortgage lending rate marked a reduction of 12 basis points.Interest rates for consumer credit in May also declined to 4.04% from 4.19% in the previous month.CNA