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Sykopetra Village                                                  Photo © CyprusExpat.co.uk

15 September 2017

1. UN chief says he awaits parties’ agreement to continue with his good offices in Cyprus

UN Secretary General Antonio Guterres plans to continue with his good offices mission for a Cyprus settlement “as soon as the parties have an agreement for those good offices” to be put in place.

2. Cyprus enters a period of “real” economic growth, Finance Minister tells CNA

Cyprus has entered a period of real sustainable economic growth, Minister of Finance Harris Georgiades has said, in an interview with CNA, stressing that despite the creation of fiscal space, fiscal discipline should continue.

3. Third post-programme surveillance mission to take place end of September

Representatives of the International Monetary Fund (IMF), the European Commission, the European Central Bank and the European Stability Mechanism (ESM), will be in Cyprus between 25 and 28 September in the framework of the post-program surveillance, reliable sources told the CNA on Wednesday.

4. Cabinet approves 2018 budget

The Cabinet has approved the 2018 budget and the medium-term fiscal framework 2018 – 2020, which Finance Minister Harris Georgiades has described as a balanced budget, which focuses on growth.

5. CBC considering changing its directives for NPLs

The Central Bank of Cyprus is considering changing its directives for non-performing loans, its head said on Wednesday, after a meeting with the President of Cyprus, at the Presidential Palace.

6. House President meets Chairwoman of PACE Sub-Committee on Children

President of the House of Representatives Demetris Syllouris received on Wednesday the Chairwoman of the Parliamentary Assembly of the Council of Europe (PACE) Sub-Committee on Children and a member of the House of Lords Baroness Doreen - Elizabeth Massey. A press release from the Parliament said that during their meeting, Syllouris and Massey discussed the rights of children and their well – being, as well as the good practices followed by Cyprus in this field.

7. Greek Deputy Minister sees business opportunities for Cyprus and northern Greece

There are many opportunities for investments and business partnerships between Cyprus and northern Greece, the Deputy Minister of the Interior for Macedonia and Thrace, Maria Kollia Tsaroucha, has said, making particular reference to tourism, trade, education, health and innovation.

8. Maritime Cyprus 2017 takes place in October in Limassol

Over 800 delegates from 35 countries, including high ranking officials of European and international organisations are expected to take part in the Maritime Cyprus 2017 conference which is hosted in October, in Limassol.

9. Employment in Cyprus increases, job vacancies drop

The number of persons employed in Cyprus increased by 0.6% in the second quarter of 2017 compared to the first quarter and by 3.0% compared to the second quarter of 2016, according to Eurostat, the statistical office of the European Union. Meanwhile, the number of annual job vacancies recorded a drop by 20.09% in the second quarter of 2017, compared with the same quarter of last year, data released by the Cyprus Statistical Service, show.

10. Industrial production rises in the Euro area by 0.1%, but falls in EU28 by 0.3% in July

In July 2017 compared with June 2017, seasonally adjusted industrial production rose by 0.1% in the euro area (EA19), while it decreased by 0.3% in the EU28, according to estimates from Eurostat. According to the latest figures available, in Cyprus industrial production remained unchanged in June 2017 in monthly basis and increased by 1.8% in annual.CNA

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