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Vikla Village                                  Photo © CyprusExpat.co.uk

10 November 2017

1. Good relations with neighbours, important, says President Anastasiades

President Nicos Anastasiades on Thursday pointed out that a solution to the Cyprus problem could create an exemplary model for peaceful coexistence between Christians and Muslims on the island and lead to stability in the region. President Anastasiades paid a visit to Athens for the 2nd EU-Arab World Summit. He was received by President of the Hellenic Republic, Prokopis Pavlopoulos and had a meeting with Prime Minister Alexis Tsipras.

2. Cyprus President: A positive agenda regarding EU-Arab ties is a major political priority for us

Advocating a positive agenda regarding the EU-Arab relations is a major political priority for Cyprus, said the President of the Republic of Cyprus, Nicos Anastasiades, during his speech at the 2nd EU-Arab World Summit, which is held in Athens.

3. Economic growth in Cyprus has exceeded expectations in recent quarters, EU Commission says

The European Commission expects "growth surprises on the upside" concerning the economy of Cyprus, according to the title of the Cyprus chapter of the Autumn Economic Forecast published today. On Greece, it says the @economy is growing again, and the recovery is expected to strengthen as investment rebounds and consumption growth rises.".

4. Despite positive indications, dangers remain for Cypriot economy, Fiscal Council says

Despite positive indications for the economy on a short-term basis, dangers remain, Fiscal Council President Demetris Georgiades has said, noting at the same time that public debt reduction will have to continue to be a priority and a key element in planning economic policy.

5. House President to hold official visit to Oman

President of the House of Representatives Demetris Syllouris will be holding a five-day official visit to the Sultanate of Oman, at the invitation of Chairman of the Consultative Council (Lower House) of the Sultanate of Oman Sheikh Khalid Hilal Al Maawali.

6. Cyprus` foreign policy has been strengthened, Minister Kasoulides says

Cyprus’ foreign policy has been strengthened, Foreign Minister Ioannis Kasoulides told a House Committee, presenting the budget of the Ministry for 2018, which reaches 83.073.854 euro.

7. Aviation security requires global solutions, Commissioner Avramopoulos underlines

Global cooperation, on global issues such as aviation security, can produce global solutions, European Commissioner for Migration, Home Affairs and Citizenship Dimitris Avramopoulos said on Thursday, addressing the annual Plenary Congress of AIRPOL in Larnaca. Furthermore, participants in the conference highlighted Cyprus’ role in aviation.

8. Cyprus to set up scheme to alleviate losses from the 2013 deposits haircut

Cyprus will set up a scheme aiming to alleviate the losses suffered by uninsured depositors (over €100,000) whose deposits have been converted to capital as part of the bailout of the banking sector during the 2013 financial meltdown, Minister of Finance Harris Georgiades announced on Thursday.

9. Trade deficit up in the first eight months of 2017

Trade deficit was up by €136.2 million to €2.89 billion compared to €2.75 billion in the first eight months of 2017 on a yearly basis, data released on Thursday by the Cyprus Statistical Service show.

10. Motor vehicle registrations increase significantly in first ten months

In January-October 2017 the total registrations of motor vehicles increased by 31.2% to 36.669, from 27.946 in the corresponding period of 2016, the Statistical Service of Cyprus reported on Thursday.CNA

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