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1891. «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....

1892. Cyprus soon to fulfill Schengen obligation

The Republic of Cyprus declared its readiness to become a member of the Schengen Area and awaits EU evaluation, Foreign Minister Nikos Christodoulides announced on Monday ...

1893. Property Gallery Announces Partnerships with Local Sports Teams

In its ongoing efforts to make positive contributions to the local community, leading Limassol property developer, Property Gallery, is proud to announce that it has signed on to sponsor two local sports teams...

1894. 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...

1895. PwC: Fear of automation greatest among those getting fewest opportunities to upskill

1896. Cypriot foreign minister welcomes ceasefire

The Cypriot foreign minister says it remains to be seen how the agreement to halt military operations in Syria will play out, adding that any agreement was a positive development in keeping the peace...

1897. Tell-all interview with Christopher Pincher

Brexit would not change the relationship between the United Kingdom and Cyprus, according to British Minister Christopher Pincher, who gave a tell-all interview to Kathimerini Cyprus...

1898. Financial Services towards Artificial Intelligence and Machine Learning

Artificial Intelligence in general and machine learning in particular, is not a new concept, but it is only in recent years that financial services firms have started to learn about and understand its full potential...

1899. Maritime Cyprus kicks off in Limassol

Maritime Cyprus 2019 Conference kicks off Monday in Limassol with the participation of more than 800 shipping executives from around the globe...

1900. Cyprus resorts to UN Security Council over Varosha

In statements to the press late on Friday after having completed all his meetings on the sidelines of the UN General Assembly, President Anastasiades expressed his satisfaction about the outcome of his “interesting and extremely important” meeting with the UN Secretary General Antonio Guterres and the understanding with which Cyprus’ positions were received by the five Security Council permanent members. ...

1901. Anastasiades: We accept political equality

In this context and following a call from the Secretary General for an agreed basis for the resumption of negotiations, there is an understanding by the leaders of the two communities that the relevant “Terms of Reference” should comprise the following elements: ...

1902. A first step in an effort to reset Greek-Turkish relations

The Greek government reportedly sees Wednesday’s first meeting between Prime Minister Kyriakos Mitsotakis and Turkish President Recep Tayyip Erdogan on the sidelines of the United Nations Climate Change Summit in New York as a first step in the effort to reset Greek-Turkish relations. ...

1903. K.Treppides & Co Ltd: Time Value of Money

What if a close friend asks today to borrow 1,000EUR with the precondition to repay the exact same amount in five years? Would you take the deal or not?...

1904. Niyazi against Turkish language holdup

Cypriot MEP Niyazi Kizilyurek is calling on the European Commission to clarify why the EU is slow-walking the process of making Turkish an official language of the EU...

1905. Mitsotakis in New York – opportunities, substance, results

This week will see the first appearance of Prime Minister Kyriakos Mitsotakis at the United Nations General Assembly. He will make the customary speech before the plenary and be received by the UN secretary-general. However, the substance will be in the meetings that are to take place on the sidelines of the proceedings. ...

1906. Time to seek security guarantees

Diplomatic cliches rarely reflect reality, though in the case of Greek-American relations, they are indeed in the best place they have been in decades. ...

1907. Moody's changes Cyprus outlook to positive

Rating agency Moody’s changed the outlook for the Cypriot economy to positive from stable, citing the reduction of the sovereign exposure to event risks stemming from the banking sector and the improving fiscal strength beating previous expectations...

1908. Johnson calls Anastasiades to touch base

British Prime Minister Boris Johnson spoke with President Nicos Anastasiades over the phone on Wednesday, discussing the latest developments regarding UK’s withdrawal from the European Union...

1909. Greek corporations rush to issue bonds amid record low yields

The easing of Greek state bond yields to record lows has opened the way to international markets for major Greek corporations too, as they can now take the opportunity to reduce their cost of borrowing. ...

1910. The next six months are crucial

Since July’s general election, there has been a sense of optimism regarding the country’s course, especially in business circles, inside and outside of Greece. As we learn in the first lessons in economics, climate is everything. At the moment, we have a winning combination of trust and euphoria...

1911. Ownership status of properties in Famagusta undisputed

This is a clear message towards Cavusolglu and every direction, the Foreign Minister noted, in statements after a memorial service, in Nicosia ...

1912. Cavusoglu speaks to Kathimerini

Our meeting with the Turkish Foreign Minister Mevlut Cavusoglu took place in Famagusta on September 9, 2019, the day the Turkish official entered the fenced-off town of Varosha ...

1913. More US energy companies to operate in Cyprus, US Ambassador says

US Ambassador to Cyprus Judith Garber expressed on Wednesday evening her conviction that more US energy companies will operate in Cyprus, joining ExxonMobil and Noble Energy. She was addressing a business dinner of the American Chamber of Commerce in Cyprus, in Nicosia, in the presence of Foreign Minister Nikos Christodoulides...

1914. Close to an understanding says spokesman

UN envoy Jane Holl Lute continues her contacts with the two sides on the island, in order to secure the terms of reference that would lead to the resumption of the talks for a solution. Lute met with the leaders, namely President Nicos Anastasiades and Turkish Cypriot leader Mustafa Akinci three times since she arrived on the island last week. A fresh meeting with the President is schedule for Wednesday, 915 am local time...

1915. Singing from the same hymn sheet

I feel that the success of the New Democracy administration will largely depend on Premier Kyriakos Mitsotakis’ ability to strike a balance between the two camps...

1916. Lute holds follow-up meetings

A UN effort on Sunday to sound out the two Cypriot leaders in a possible way forward in resuming peace talks is set to continue Monday with the follow-up meetings...

1917. Tourism staggers but officials still hope

Deputy Minister for Tourism Savvas Perdios says 2019 is a difficult year for tourism but there is no need for panic as positive developments may be expected in the coming weeks...

1918. South hands over murder suspect to north

Another murder suspect is in police custody in the north in connection with the murder of a Turkish Cypriot businessman, after Greek Cypriot police handed Azmad Ali Virk over to UN officials...

1919. Common interest for talks but disagreements remain

President Anastasiades said that there is a positive climate and a common basis on which the talks for a Cyprus settlement can take place, noting, at the same time, that disagreements on serious issues remain, but there is an agreement that differences cannot be bridged without dialogue. ...

1920. Moody’s expects deleveraging to resume but warns over small economy and high level of debt

The credit profile of Cyprus reflects its small but wealthy economy, improved economic resilience and the government`s fiscal outperformance in the wake of the country`s banking crisis, Moody's Investors Service has said in an annual report. ...