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The Minister of Agriculture, Rural Development and Environment participated in the EU Environmental Council

The Minister of Agriculture, Rural Development and Environment, Mr Nicos Kouyialis, participated in the Environment Council of the EU which took place today in Brussels. The main subject of the Council’s discussion concerned the preparation for the UN climate change conference that will take place in Paris, in December, where the global goal for reducing greenhouse gases for the next decade is expected to be decided. In this framework the Ministers approved the contribution of the European Union which provides for the reduction of greenhouse gas emissions by 40%, compared to 1990 levels, by 2030. - 06.03.2015

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MFA Permanent Secretary meets Israeli counterpart

Within the framework of political dialogue between Cyprus and Israel, the Permanent Secretary of the Ministry of Foreign Affairs, Ambassador Alexandros N. Zenon, had a meeting today in Nicosia with the Permanent Secretary of the Ministry of Foreign Affairs of Israel, Ambassador Nissim Ben-Shitrir. During the meeting bilateral and regional matters were discussed, with particular emphasis on the situation in the wider area of the Middle East and on the efforts to combat terrorism and asymmetric threats. -05.03.2015




Consumer Price Index for the month of February, 2015

The Consumer Price Index for February 2015 increased by 0,50 units or 0,44% to 114,73 units compared to 114,23 in January 2015. This is mainly due to increases in the prices of air fares, certain clothing items, certain fresh fruit and vegetables and petroleum products. A decrease has been recorded in the price of electricity. The rate of inflation for February 2015 decreased by -1,4% compared to -1,3% in January 2015 and -2,6% in February 2014. For the period January-February 2015, the CPI recorded a decrease of -1,4% compared to the corresponding period of 2014. The evolution of the Index during the last two months as well as the percentage changes compared with last year are shown in the table below: - 05.03.2015

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ECB President’s references to Cyprus at the dinner hosted by the President of the Republic

ECB President’s references to Cyprus at the dinner hosted by the President of the RepublicThe President of the European Central Bank, Mr Mario Draghi, attended an official dinner yesterday evening, at the Presidential Palace, hosted by the President of the Republic in honour of the ECB President and the Directors of the National Central Banks of the Eurosystem. Speaking at the dinner, Mr Draghi made the following statements concerning Cyprus: "...Several countries, Cyprus among them, are undergoing a difficult adjustment period. In the euro area we are all in together and there has been considerable solidarity. But Cyprus has also had to do its part. We know that the Cyprus people have made considerable sacrifices. It is therefore encouraging to see that there are signs of stabilization and recovery on the horizon. It is safe to say that he program has been yielding very concrete results, in fact even better results that were forecasted two years ago. -05.03.2015

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Welcoming Speech by the President of the Republic at the Dinner with the President and the Governing Council of ECB

Welcoming Speech by the President of the Republic 
at the Dinner with the President and the Governing Council of ECBIt is a pleasure to have the opportunity to address such a distinguished audience. In particular I would like to welcome warmly to Cyprus the President of the European Central Bank and the governing council of the ECB. The European Central Bank is a key institution for the Union that has taken on a growingly important role during the economic crisis. Since 2007, the year when the global financial crisis began, the European Banks started to face significant challenges. We had to deal with concepts and issues, such as banks being “too big to fail”, or even banks being “too big to save”. At the end of the day, the result is known. European citizens had to make painful sacrifices in order to keep systemic banks alive. The financial crisis turned into a sovereign debt crisis. Debt levels have soared, unemployment levels are at unacceptably high levels, poverty is spreading. - 04.03.2015

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Meetings of the Minister of Tourism in the framework of the ITB Berlin 2015 exhibition

Meetings of the Minister of Tourism in the framework of the ITB Berlin 2015 exhibition The Minister of Energy, Commerce, Industry and Tourism, Mr Yiorgos Lakkotrypis, had today a series of meetings in Berlin with representatives of major airlines and tour operators of Germany, in the framework of the ITB Berlin 2015 exhibition. Specifically, the Minister had separate meetings with executives of the tour operators DER Touristik, Thomas Cook και TUI Deutschland, as well as of the airlines Fly Niki, Germanwings and Condor Flugdienst, during which he discussed with them and presented the upgraded Cyprus tourism product, with the aim to further increase the programs and available airline seats from Germany to Cyprus. The Minister also briefed the tourism stakeholders, participating in the Cyprus delegation, on his above mentioned meetings. The German market ranks third in tourist arrivals in Cyprus after the United Kingdom and Russia and the strategy of the Government and the Cyprus Tourism Organisation (CTO) for intensifying contacts with German tourism stakeholders is expected to bear fruit during 2015, as there are already clear indications of an increase in bookings from Germany. -04.03.2015

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The Minister of Foreign Affairs to participate in the informal meeting of EU Foreign Ministers (Gymnich)

The Minister of Foreign Affairs to participate in the informal meeting of EU Foreign Ministers (Gymnich)The Minister of Foreign Affairs, Mr Ioannis Kasoulides, departs tomorrow for Riga to participate in the informal meeting of the EU Foreign Ministers (Gymnich), the proceedings of which will take place from 5-6 March 2015. The meeting is organized by Latvia, which currently holds the Presidency of the Council of the EU. During the meeting the Ministers of Foreign Affairs will, inter alia, discuss the developments in Ukraine and the relations between EU and Russia, the review of the European Neighborhood Policy and the EU Security Strategy, as well as the situation in Libya. Finally, the preparations for the Eastern Partnership Summit will also be reviewed. - 04.03.2015




References to Cyprus during US State Department press briefing

US State Department Deputy Spokesperson, Ms Marie Harf, was invited during the daily press briefing yesterday, to comment on President Anastasiades’ recent visit to Moscow and the relevant tweets posted by the US Ambassador to Nicosia. Asked specifically to say whether Washington was “happy” with the visit, she noted: “Let's separate the tweet issue from the general issue of Cyprus and Russia. I think the embassy has clarified the tweets were not meant to link two separate events. But importantly, with regard to the stated ties between Cyprus and Russia, we've been clear this is not the time for business as usual with Russia and have stressed with our European allies and partners the importance of unity, impressing Russia to stop filling (ph) the conflict in Eastern Ukraine. That's certainly something we feel very strongly about.” -04.03.2015

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Announcement for the results of Treasury Bills Auction 13 weeks Treasury Bills (6.3.2015-5.6.2015) for the amount of €200.000.000

The Public Debt Management Office announces that during today’s 13 week Treasury Bills Auction, tenders for a total amount of €321.7 mn were submitted, out of which, €200 mn total nominal value have been accepted with a weighted average yield of 2,84%. The accepted yields ranged between 2.50%-2.95%. The comprehensive results of the auction are shown below. -03.03.2015

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The Minister of Tourism to attend the ITB Berlin exhibition

The Minister of Energy, Commerce, Industry and Tourism, Mr Yiorgos Lakkotrypis, departs today for Berlin to lead the Cyprus delegation which will participate in the international tourism exhibition ITB Berlin 2015. The Minister of Energy, Commerce, Industry and Tourism, Mr Yiorgos Lakkotrypis, will have tomorrow a series of meetings with representatives of airlines and tour operators of Germany. The main objective of the minister's meetings is the further strengthening of the cooperation between these companies and Cyprus by increasing the available airline seats from Germany to Cyprus. Mr Lakkotrypis returns to Cyprus on Thursday. - 03.03.2015




The President of the Republic receives the credentials of the High Commissioner of Pakistan

The President of the Republic receives the credentials of the High Commissioner of PakistanThe President of the Republic, Mr Nicos Anastasiades, received today, at a formal ceremony at the Presidential Palace, the credentials of the High Commissioner of Pakistan to Cyprus, stationed in Beirut, Mr Ghulam Rasool Malik. Presenting his credentials, Mr Malik said: “Mr President, I have the honour to convey to you, government and friendly people of the Republic of Cyprus, sincere greetings and best wishes from President Mamnoon Hussain and Prime Minister Muhammad Nawaz Sharif for progress and prosperity of the Republic of Cyprus. I feel honoured at being nominated High Commissioner of the Islamic Republic of Pakistan to the Republic of Cyprus. Pakistan attaches great significance to its relations with the Republic of Cyprus which is an important member of the EU and the Commonwealth. Pakistan and Cyprus traditionally enjoyed close and cordial relations based on mutual respect and cooperation. -03.03.2015

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The President of the Republic receives the credentials of the High Commissioner of New Zealand

The President of the Republic receives the credentials of the High Commissioner of New ZealandThe President of the Republic, Mr Nicos Anastasiades, received today, at a formal ceremony at the Presidential Palace, the credentials of the High Commissioner of New Zealand to Cyprus, stationed in Rome, Mr Patrick John Rata. Presenting his credentials, Mr Rata said: “Mr President, Allow me to present the Letter of Credence by which His Excellency the Governor-General of New Zealand has appointed me to be High Commissioner of New Zealand to the Republic of Cyprus. I also present the Letter of Recall of my predecessor. It is a deep honour for me to serve as High Commissioner to your country. New Zealand’s relations with Cyprus are long-standing and strong, based on our common status as small states and shared Commonwealth heritage. We also hold similar values and take common approaches on many regional and international issues. -03.03.2015

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The President of the Republic receives the credentials of the High Commissioner of Lesotho

The President of the Republic receives the credentials of the High Commissioner of LesothoThe President of the Republic, Mr Nicos Anastasiades, received today, at a formal ceremony at the Presidential Palace, the credentials of the High Commissioner of Lesotho to Cyprus, stationed in London, Ms Felleng Mamakeka Makeka. Presenting her credentials, Ms Makeka said: “Mr President, It is my singular honour and privilege to present to you, Your Excellency, the Letters of Credence by which it has pleased His Majesty King Letsie III of Lesotho to accredit me as High Commissioner of the Kingdom of Lesotho to the Republic of Cyprus, as well as the letter of recall of my predecessor, HRH Prince Bereng Seeiso. Mr President, His Majesty has charged me with conveying to Your Excellency his personal greetings and sincere wishes to the Cypriots for the prosperity and well-being of the people of Cyprus. -03.03.2015

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The President of the Republic receives the credentials of the Ambassador of the Kingdom of Cambodia

The President of the Republic receives the credentials of the Ambassador of the Kingdom of Cambodia The President of the Republic, Mr Nicos Anastasiades, received today, at a formal ceremony at the Presidential Palace, the credentials of the Ambassador of the Kingdom of Cambodia to Cyprus, Mr Nouth Narag. Presenting his credentials, Mr Narag said: “Monsieur le Président, Permettez-moi de vous présenter les Lettres de Créances par lesquelles Sa Majesté Norodom Sihamoni, Roi du Cambodge, m’a nommé Ambassadeur Extraordinaire et Plénipotentiaire du Royaume du Cambodge auprès de la République de Chypre, ainsi que les Lettres de Rappel de mon prédécesseur. -03.03.2015

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