The Cyprus government exercises its sovereign rights according to the international law and the practice followed as regards oil exploitation, Cypriot President Tassos Papadopoulos said here Sunday, stressing that the issue of oil reserves deposits in the island’s sea area is totally separated from the Cyprus problem. Replying to questions by the press, Papadopoulos referred
More
Chairman of the Standing Committee of the Shanghai Municipal People’s Congress Gong Xue Ping said Cypriot House of Representatives President Demetris Christofias is the best friend of the Chinese people and that his official visit to China will help strengthen relations between the two countries. Welcoming Christofias and his delegation, Gong referred to the warm
More
The Government of Cyprus is committed to turning the Cypriot economy into a knowledge-based economy and to rendering our island into a regional centre of excellence for educational services, Cyprus President Tassos Papadopoulos underlined here today, after a meeting he had with the Trustees of the Cyprus Research and Educational Foundation (CREF). Papadopoulos said that
More
Cypriot Marios Lefkaritis was elected Friday as UEFA’s treasurer, during UEFA’s executive committee meeting in Nyon, Switzerland, under the chairmanship of Michel Platini, who was elected to the presidency at UEFA’s congress in Dusseldorf last month.Lefkaritis was also appointed as member of the FIFA Executive Committee.According to a UEFA press release, ”the seat in question
More
Launched yesterday evening in Berlin, the EU’s new MEDIA 2007 programme will provide a €755 million boost to Europe’s film industry over the next seven years. Almost 65% of the total budget will help broader circulation of European works to other countries in Europe and worldwide. MEDIA 2007 provides easier access to finance – in
More
Pharmakas Quarrying, a subsidiary of A. Panayides Constructions (APC) has expressed the interest to submit a public offer seeking a minimum 50% plus one share of Unifast Finance & Investments Pcl (UFI) and up to 60% of the share capital at the price of CYP 0.11 or EUR 0.19 per share in cash. Based on
More
Cyprus to place euro notes and coins with banks in Autumn Cypriot banks are set to have the first coins and bank notes in euro in the Autumn of this year, ahead of the milestone date of January 1 2008 when Cyprus is expected to join the eurozone, the Governor of the Central Bank Christodoulos
More
Cyprus is ready to send its official application seeking entry into the euro-zone by January 1, 2008, said Finance Minister Michalis Sarris giving assurances that the satisfactory course of the economy will be maintained. Sarris said the public should understand that euro adoption will have tremendous benefits for the economy and the country in general,
More
As Cyprus makes its official application to adopt the euro this week, the Economist Intelligence Unit has ruled out any devaluation of the Cyprus pound in its latest report on Cyprus published last week, while the report’s author says that the reason why Britons feel the Cyprus pound is overvalued is because of their own
More
Two multifunctional speaker sets have been added to the Trust Made for iPod range, namely the Sound & Radio Station for iPod SP-2991Wi (www.trust.com/15133) and the Alarm Clock Radio for iPod SP-2993Wi (www.trust.com/15129). The Trust Sound & Radio Station for iPod is a stereo speaker set with an integrated digital AM/FM radio and an LCD
More