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Date: 17.09.2019
Cyprus Economy
Cyprus Economy
Cyprus and Greece coordinate their actions on migration

Day: 17/09/2019 06:56

Cyprus and Greece are coordinating their actions ahead of developments at European Union level in order to raise the issue of massive migration flows along the Eastern Mediterranean route and demand a new European migration policy that will translate the principle of solidarity into practical...

''Get ready for Brexit'' campaign launches in Cyprus

Day: 17/09/2019 06:57

The UK Government launched on Monday a major information campaign urging UK nationals living in Cyprus to get ready for Brexit on 31 October.  It is part of a wider communications campaign effort across Europe.A press release issued by the British High Commission in Cyprus says that UK...

Cyprus to abolish ship registration fees to boost registry

Day: 16/09/2019 09:21

The Cypriot govermment plans to abolish ship initial registration fees in a bid to boost the Cypriot registry’s competitiveness and attract more ship registrations, Deputy Minister for Shipping Natasa Pilides has said on Friday. Pilides briefed the parliamentary committee on Transport...

Total enmployment increases

Day: 16/09/2019 09:22

Total Employment for the 2nd quarter of 2019 is estimated at 433.954 persons, of which 383.697 are employees and 50.257 are self-employed.According to the Statistical Service of the Republic of Cyprus, compared to the corresponding quarter of 2018, total employment for the 2nd quarter 2019...

Intense international interest for Cyprus’ energy market

Day: 13/09/2019 08:45

The first stage of DEFA’s open competition for submitting an Expression of Interest for the supply of liquefied natural gas (LNG) has now been completed.With considerable interest from the international markets the Cyprus’ Gas Company’s (DEFA’s) first stage tendering process...

Hourly labour costs rose by 5.2%

Day: 13/09/2019 12:02

Hourly labour costs rose by 2.7% in the euro area (EA19), by 3.1% in the EU28, by 5.2% in Cyprus and 2.1% in Greece, in the second quarter of 2019, compared with the same quarter of the previous year, according to Eurostat, the statistical office of the European Union. The two main components of...

Lute: Serious steps of progress have been made

Day: 13/09/2019 12:03

The UNSG’s Special Envoy on Cyprus, Jane Holl Lute, has said that serious steps of progress have been made and there are prospects for the way forward. According to a written statement by Cyprus Government Spokesman Prodromos Prodromou, President Anastasiades received on Friday a letter...

Cyprus’ beer deliveries down 9.7%

Day: 13/09/2019 12:04

Cyprus’ total beer deliveries reduced by 507,890 liters August 2019 compared to August 2018, according to figures released Thursday by the Statistical Service of Cyprus. At the same time, a significant increase of 35% was recorded in the period January - August 2019, compared to the same...

Serious' increase of cruise tourism expected in coming years

Day: 12/09/2019 14:17

Deputy Minister for Tourism Savvas Perdios said on Thursday that a serious increase of cruise tourism was expected in Cyprus in the coming years. Perdios is leading a Cypriot delegation at “Seatrade Europe”, Europe’s largest international cruise and river cruise fair, which...

Number of asylum applicants increase over 130% in 2019

Day: 12/09/2019 14:14

Minister of Interior, Constantinos Petrides, has said on that an unprecedented increase of over a 130% has been recorded in new asylum applicants registered in Cyprus compared to the already high of 2018, describing the situation as “extremely challenging”. Addressing the 5th...

European Economy
European Economy
EU-UK Brexit talks to continue next week

Day: 13/09/2019 14:41

EU and British Brexit negotiators will continue talks next week, a UK government spokeswoman said on Friday after the latest round of talks in Brussels...

ECB cuts rates and restarts bond-buying

Day: 12/09/2019 14:20

Trump hits out at announcement as Draghi calls on politicians to loosen purse-strings...

Brexit in chaos after court rules PM's suspension of parliament was unlawful

Day: 11/09/2019 13:41

Prime Minister Boris Johnson's suspension of the British parliament was unlawful, a Scottish court ruled on Wednesday...

Incoming head of EU executive says next steps on Brexit entirely in UK hands

Day: 10/09/2019 14:08

The next head of the European Union, Ursula von der Leyen, said on Tuesday the next steps on Brexit are entirely in the hands of the United Kingdom...

Corbyn, unlikely EU warrior, makes last stand on Brexit

Day: 09/09/2019 13:31

For decades, Jeremy Corbyn was among the EU's strongest critics. Today, he is the last line of defense against Britain leaving the bloc on Oct. 31 without a withdrawal agreement...

Corbyn agrees united plan to block Johnson election bid

Day: 06/09/2019 13:26

Labour leader holds talks with other opposition parties on preventing a no-deal Brexit...

Boris Johnson’s brother quits over Brexit in fresh blow to PM

Day: 05/09/2019 13:47

Jo Johnson resigns as government sets out plan to try again to call a general election...

Lagarde calls on European governments to launch fiscal stimulus

Day: 04/09/2019 14:09

ECB president-elect warns that greater co-operation is needed to tackle populism...

Boris Johnson faces Brexit rebellion in parliament

Day: 03/09/2019 13:44

Prime minister threatens to call mid-October snap election... 

Brexit: Northern Irish court sets Sept. 6 for challenge to parliament suspension

Day: 30/08/2019 14:16

A legal challenge seeking to place an interim block on British Prime Minister Boris Johnson's order to suspend parliament will be heard in a Northern Irish court next week, a judge said on Friday.

Greek Economy
Greek Economy
Samaras Says SYRIZA Concocted Fake Novartis Scandal

Day: 11/09/2019 13:45

Greek former premier Antonis Samaras said the former ruling Radical Left SYRIZA concocted a fake scandal around the Swiss drug company Novartis...

Mitsotakis Says Greece No Longer Europe’s Outcast

Day: 09/09/2019 13:34

Trying to boost an economic revival after a 9 ½-year crisis, using tax cuts and kick-starting stalled major projects...

The Time to Invest in Greece is Now, Pyatt Says at SE Europe Energy Forum 2019

Day: 06/09/2019 13:30

Ι can say with great confidence that, from an American perspective, the time to invest in Greece is now,” U.S. Ambassador in Athens Geoffrey Pyatt said on Friday...

Mitsotakis Calls on Johnson to Return the Parthenon Marbles to Athens in 2021-Observer

Day: 03/09/2019 09:58

Greek Prime Minister Kyriakos Mitsotakis said in an interview with Observer newspaper that he is willing to allow ancient treasures to be exhibited in London...

Mitsotakis and Merkel Agree to Promote Investments in Energy, the Green Economy

Day: 02/09/2019 09:56

Prime Minister Kyriakos Mitsotakis ensured German Chancellor Angela Merkel’s agreement to promoting investments in energy and the green economy...

Greek Unemployment Rate Fell in May, Eurostat Report

Day: 30/08/2019 09:55

he Greek unemployment rate fell to 17.2 pct of the workforce in May this year from 19.4 pct in May 2018, but remained the highest rate in the Eurozone...

PM Mitsotakis Announces the Lifting of Capital Controls

Day: 26/08/2019 13:25

Prime Minister Kyriakos Mitsotakis announced the lifting of capital controls during his speech in parliament on Monday...

PM Mitsotakis to Promote Investments in Paris Meeting with Macron

Day: 22/08/2019 13:23

Prime Minister Kyriakos Mitsotakis will be visiting Paris on Thursday to promote investments in Greece and gain support for a new agreement with Greece’s creditors that could lead to lower primary surplus targets as of 2021...

Mitsotakis Pushes Plan for Diaspora Voting in Greek Elections

Day: 01/08/2019 13:29

Prime Minister Kyriakos Mitsotakis said his New Democracy administration will accelerate plans to let Greeks abroad in the Diaspora to have the vote in elections...

Stournaras Tells Fortune Greece Needs Big-Time Investors

Day: 30/07/2019 14:05

Backing up new Prime Minister Kyriakos Mitsotakis’ push for investors, Bank of Greece Governor Yannis Stournaras told...

World Economy
World Economy
Trump fires national security adviser John Bolton

Day: 11/09/2019 13:42

US president said he informed Mr Bolton ‘his services are no longer needed’...

Putin’s party loses more than third of seats in Moscow poll

Day: 09/09/2019 13:33

City’s voters deliver strong rebuke to president after a summer of discontent...

Hurricane Dorian hits North Carolina's Outer Banks

Day: 06/09/2019 13:27

Hurricane Dorian made landfall on the Outer Banks of North Carolina on Friday, hitting the beach resort area with powerful winds...

Hong Kong leader says she would 'quit' if she could, fears her ability to resolve crisis now 'very limited'

Day: 02/09/2019 14:20

At the closed-door meeting, Lam told the group that she now has “very limited” room to resolve the crisis...

Trump, on climate, says he won't jeopardize U.S. wealth on 'dreams'

Day: 27/08/2019 14:16

U.S. President Donald Trump, responding to a question about climate change after skipping a G7 session on the issue, said on Monday...

Trump hints at China deal, Beijing calls for resolution

Day: 26/08/2019 13:28

The United States and China sought to ease trade war tensions with Beijing calling for calm and President Trump predicting a deal after markets fell in response to new tariffs...

China to hit $75bn of US goods with additional tariffs

Day: 23/08/2019 13:48

Move marks latest escalation in trade war between world’s two biggest economies...

Wildfires rage across the Amazon at unprecedented pace

Day: 22/08/2019 13:21

Brazilian president Jair Bolsonaro claims NGOs may be responsible for burning rainforest...

Renminbi hits weakest level in 11 years

Day: 05/08/2019 14:15

China’s central bank blames tariffs for move as Trump hits out at ‘major violation’...

US-China trade tensions hit global markets

Day: 02/08/2019 14:11

Stocks suffer sell-off while bonds rally on threat of fresh tariffs on $300bn of Chinese imports...