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2401. 2020 year of ‘slowbalisation’

Global economic growth in 2020 is expected to grow at a rate of around 3.4% in purchasing power parity terms,according to new projections by PwC, compared to its long-term average of a 21st century average of 3.8% per year...

2402. Cyprus pays off costly crisis loan early

The Cypriot finance minister says the government is repaying an IMF rescue loan faster and at a lower rate after a double bond issuance expected to secure most of the country’s borrowing needs for 2020...

2403. Cyprus and Italy to continue cooperation in the Eastern Mediterranean

Cyprus Defence Minister Savvas Angelides and his Italian counterpart Lorenzo Buerine, agreed to continue the mutual information, coordination and cooperation, regarding the issue of energy security in the EEZ of Cyprus and more generally in the Εastern Mediterranean...

2404. Greek Premier asks Trump for support

US President Donald Trump hailed his country's "extraordinary" relations with Greece as he welcomed Prime Minister Kyriakos Mitsotakis at the White House on Tuesday...

2405. Athens says Ankara 'playing with fire'

Athens says Turkish President Recep Tayyip Erdogan is “playing with fire” as he seeks parliament approval to send military troops into Libya, following a formal request from Tripoli...

2406. Cyprus hails US EastMed bill signed into law

A new US law geared toward boosting energy and security cooperation in the east Mediterranean is indicative of the significance that Washington attaches to the region, Cyprus' foreign minister said Saturday...

2407. Senate-approved EastMed on Trump’s desk

US Congress’ approval of a spending package that includes the Eastern Mediterranean Security and Energy Partnership Act of 2019 signals a “new day in Greek-American relations,” said Senator Bob Menendez, one of the authors of the bipartisan legislation...

2408. House passes 2020 budget

The House of Representatives voted the state budget for 2020 on Wednesday evening with 29 votes in favour and 23 against...

2409. Athens denounces sea border deal to UN

Greece’s objections to the “legally invalid” maritime boundary deal between Turkey and Libya are meticulously outlined in two letters it has sent to the United Nations, which also call on Secretary-General Antonio Guterres to bring the matter before the Security Council...

2410. Athens and Ankara take jabs at each other

Greek Foreign Minister Nikos Dendias is expected to raise the Turkey-Libya deal on maritime borders in Brussels, after accusing Ankara of blackmailing its way through an agreement totally devoid of substance...

2411. Leaked Turkey-Libya deal under scrutiny

A copy of a controversial maritime agreement between Turkey and Libya leaked to the press on Thursday after Ankara shared the memorandum with parliament ahead of a vote in the coming days...

2412. CITR Cyprus calls for modern insolvency rules

2413. Cyprus asks to review Turkey-Libya deal

Τhe Republic of Cyprus has joined Greece in demanding to review two recent Turkey-Libya deals, with the Cypriot foreign minister accusing Ankara of extorting the memorandum from Tripoli...

2414. PwC Cyprus presented the 'New World, New Skills' programme

2415. UNSC briefed on Cyprus ahead of Berlin

The Security Council held consultations on Cyprus on Thursday behind closed doors, where members were briefed on the latest developments and urged leaders to be productive in the period ahead...

2416. US affirm commitment to eastern Mediterranean

State Secretary Mike Pompeo underlined the commitment of the United States in the Eastern Mediterranean and the deepening of bilateral relations with the Republic of Cyprus on security...

2417. Cyprus foreign minister in Washington

Cyprus Minister of Foreign Affairs Nikos Christodoulides is on a working visit to Washington, where he will also meet with Secretary of State Mike Pompeo on Monday...

2418. President stresses political determination ahead of Berlin

President of Cyprus Nicos Anastasiades stressed on Friday his determination and political will to attend a meeting in Berlin, later this month, with UN Secretary-General Antonio Guterres and Turkish Cypriot leader Mustafa Akinci, in a positive and creative spirit, aiming to conclude the terms of reference “whatever the Turkish intentions are.”...

2419. Six countries attend “Nemesis 2019” multinational exercise in Cyprus’ EEZ

Six countries participated on Wednesday in “Nemesis 2019”, a multinational Search & Rescue exercise, which was held in the exclusive economic zone (EEZ) of the Republic of Cyprus, under the general coordination of the Joint Rescue Coordination Center....

2420. Turkey reacts to EU sanctions over Cyprus

President Tayyip Erdogan said on Tuesday the European Union’s decision to sanction Turkey over drilling off the coast of Cyprus could disrupt talks with the bloc, and he warned that Turkey could send captured Islamic State fighters to Europe...

2421. Cyprus pleased with sanctions against Turkey

The Republic of Cyprus is pleased with a framework regime for sanctions against Turkey, adopted formally by the Foreign Affairs Ministers council, making it possible for countries to place sanctions through asset freezes and travel bans...

2422. EU okays framework on Turkey over Cyprus

European Union foreign ministers agreed on Monday economic sanctions over Turkey's drilling off the coast of Cyprus, setting up the legal framework for travel bans and asset freezes but leaving names until a later date...

2423. EU ministers follow up on Turkey conclusions

EU foreign ministers meet in Brussels on Monday where they are expected to adopt measures against Turkish drilling activities around Cyprus...

2424. Cyprus signs deal for offshore gas concession

Cyprus and the Aphrodite consortium on Thursday signed an exploitation license and a revised production sharing contract, aiming to start natural gas production in 2025, generating projected revenues of $9.3 billion for a period of eighteen years ...

2425. Cyprus tops the list of EU member states concerning absorption of EU Regional Development funds

Cyprus’ absorption capacity of EU Regional Development exceeded the EU average, Government Spokesman Prodromos Prodromou has said....

2426. Interior Minister says all have a duty to preserve Cyprus’ hard-fought reputation

We all have a duty to preserve Cyprus’ good name, Interior Minister Constantinos Petrides said on Thursday, adding that it took a lot of effort to reinstate the country’s fame under adverse circumstances....

2427. «Growth momentum moderates» in Cyprus according to Εuropean Commission Autumn Economic Forecast

"Growth momentum moderates" in Cyprus, according to the headline assessment of the European Commission`s Autumn Economic Forecast for the country, presented today by Commissioner Moscovici in Brussels....

2428. ExxonMobil’s Vice President briefs Ministers in Cyprus on the company’s appraisal plan for Block 10

ExxonMobil’s Vice President Don Bagley has discussed with Ministers in Cyprus, the company’s plan for an appraisal drilling for “Glaucus” gas deposit in Block 10 of Cyprus Exclusive Economic Zone (EEZ), during a visit in Nicosia where he spoke to the 15th Cyprus Summit/ Economist Conference....

2429. Cypriot FM bets on economic diplomacy

Economic diplomacy is indispensable, Minister of Foreign Affairs Nikos Christodoulides said on Wednesday, adding the Foreign Ministry has elevated economic diplomacy to one of its top priorities...

2430. Cypriot president reiterates energy goals

President Nicos Anastasiades stressed that the Republic of Cyprus is determined to proceed unhindered with its energy plans and to make good use of the gas reserves that have been discovered, as a source of regional economic cooperation, growth and prosperity...