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Trachypedoula Village                                               Photo © CyprusExpat.co.uk

04 October 2017

1. Cyprus President condemns Las Vegas shooting

Cyprus President Nicos Anastasiades has condemned the Las Vegas shooting which killed more than 50 people and injured more than 400. In a message in his twitter account the President wrote: ``Our thoughts and prayers are with the victims of the abominable #LasVegasShooting and their families. We stand in solidarity with the #US``. Meanwhile, it was announced that so far there is no information that there are Cypriot citizens among the victims of the terrorist attack.

2. National Council to reconvene after UNSG’s report is officially published

The National Council will reconvene after the UN Secretary General’s report on his good offices mission is officially published, which is expected to happen on 8 October, Government Spokesman Nikos Christodoulides said on Monday. The National Council convened on Monday under President Nicos Anastasiades, in a short session that lasted about one hour and half, during which the President briefed the political leaders on his recent contacts in New York.

3. Archives in Greece to open to aid efforts to ascertain the fate of missing persons

After 43 years, archives that were locked away and sealed will be released to contribute in efforts to ascertain the fate of missing persons, said the Defence Ministers of Cyprus and Greece, Christoforos Fokaides and Panos Kamenos respectively after a meeting at the Defence Ministry which examined missing persons’ issues.

4. Cyprus Chamber of Commerce & Industry marks 90 year anniversary

Cyprus President Nicos Anastasiades has commended the Cyprus Chamber of Commerce and Industry (CCCI) for its contribution in the effort undertaken by the government to establish a secure, prosperous, modern and effective country within the European framework. President Anastasiades was addressing an event, on Monday evening, at the Presidential Palace to celebrate the CCCI’s 90 year anniversary.

5. Greek and Cypriot Defence Ministers stress importance of cooperation in the field of defence industry

The geopolitical developments in the Eastern Mediterranean region and the Balkans have granted a key role to Cyprus and Greece in the area of security and defence and as a result the cooperation between the defence sectors of the two countries is especially important. This has been pointed out by the Cypriot Minister Christoforos Fokaides and the Greek Minister Panos Kammenos during a Defence Industry Day held in Nicosia.

6. Transport Minister: Cyprus can become an important energy centre

Cyprus has the potential to be developed into an important energy centre in the Mediterranean, Minister of Transport, Communications and Works Marios Demetriades pointed out on Tuesday, addressing the first session of the International Advisory Committee for the establishment of the Faculty of Marine Science and Technology at the University of Cyprus.

7. Morphou Municipality to hold events to mark occupation of their town

A number of events to maintain the memory of the Turkish occupied town of Morphou will be held by its Municipality from 2-9 October. The culmination of the events will be the 37th anti-occupation march that will be held on 8th October to Astromeritis of Nicosia district which borders Morphou. President of the Republic Nicos Anastasiades will be the main speaker at the event.

8. Foreign Ministry announces that Monarch Group stops trading

The Ministry of Foreign Affairs announced that according to official information from the British Government, Monarch Group, which includes Monarch Airlines and Monarch Holidays, has stop its operations on 02 October 2017.

9. EIB lends Cyprus Institute of Neurology & Genetics €26 million

A loan agreement of €26 million by European Investment Bank (EIB) to the Cyprus Institute of Neurology and Genetics, guaranteed by the government was signed on Monday, at the Institute’s premises, in Nicosia.

10. Public Debt Management Office raises €100 mn from treasury bills at negative yield

The Finance Ministry raised on Monday €100 mn in a 12-week Treasury bills auction at a negative yield. The Public Debt Management Office announced that during the 12 Week Treasury Bills Auction, tenders for a total amount of €231,8 mn were submitted,  out of which, €100 mn total nominal value have been accepted with a weighted average yield of -0,06%.

11. Unemployment in Cyprus remains stable at 10.7% in August 2017

Unemployment in Cyprus remained at 10.7% in August 2017 (was also 10.7% in July and 10.9% in June), according to Eurostat, the statistical service of the EU. Unemployment was 13.1% in August 2016. Cyprus registered the largest annual decrease (from 13.1% to 10.7%), along with Greece (from 23.5% to 21.2% between June 2016 and June 2017) and Spain (from 19.3% to 17.1%).CNA

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