Members of the European Parliament have urged the European Commission and member states to impose a temporary freeze on EU accession talks with Turkey, but the door for dialogue should remain open, unless Turkey introduces capital punishment. A resolution will be put to a vote on Thursday. The decision follows Monday’s deadlock in the
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Finance Minister Harris Georgiades said there were challenges but also opportunities of an economic co-operation with Iran, addressing the annual general meeting of the Cyprus-Iran Business Association. He stressed that the government remains committed to building a long-term and mutually beneficial economic partnership with Iran. The Minister said that economic co-operation with Iran is
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Young researchers from nine countries, from Europe, the Middle East, Chile and South Africa, attended the Annual School held in Nicosia on the cutting edge technology of Solar Thermal Energy (STE). The school was organised from November 7 to 11 by the Cyprus Institute in collaboration with its partners, European institutions recognised as centres of
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. Monday night’s ‘temporary’ deadlock (in the words of DISY leader Averof Neophytou) has just transformed the Cyprus problem from a “waiting game” to a dangerous game, with the potential collapse of the talks feeding the giant egos of the entire rejectionist front. There are two ways to see it: it’s either Game Over,
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. By George Mouskides The Lands and Surveys Dept. recently announced the results of real estate sales in Cyprus for the month of October. As expected, a steady recovery in sales has been maintained. It is expected that the growth in sales will continue until it reaches the normal levels of 10,000-12,000 sales annually.
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. By Antonis Loizou F.R.I.C.S. – Antonis Loizou & Associates Ltd – Real Estate & Project Managers Turning our focus to the Minister of Interior, there is a clear risk associated both to the existing common-owned projects, as well as the new, grandiose projects, some declared to have 30-40 floors, new marinas, golf courses and
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The economy grew by 2.9% of GDP year-on-year in the third quarter of 2016, marking economic growth for the seventh consecutive quarter, the Statistical Service Cystat said in a flash estimate. Based on seasonally and working day adjusted data, GDP growth rate in real terms is estimated at 2.8%. The increase in the GDP growth
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Contracts for the third licensing round in Cyprus’ exclusive economic zone (EEZ) will be signed in early 2017, Energy Minister Yiorgos Lakkotrypis said on Monday speaking at the House Finance Committee. The Minister said he expected to receive the relevant reports in the next few weeks and submit them to the Cabinet. After that,
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Residential property prices continued on a stabilising path in the second quarter of 2016 recording a small slowdown in their downward trend, according to data released by the Central Bank of Cyprus. The Residential Prices Index (RPI), which concerns houses and apartments, saw a smaller quarterly drop (0.5%) compared to the previous quarter (0.8%).
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Cyprus recorded a trade deficit of EUR 3.1 bln in September, compared with a 2.5 bln trade deficit a year ago. Of this figure, EUR 2.7 billion is with the EU (up from EUR 2.1 bln a year ago) and EUR 0.4 bln to the rest of the world (unchanged). Cyprus exports reached EUR
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