The 6th Trilateral Cyprus-Greece-Israel Summit, with the participation of the United States, begins in Jerusalem Wednesday afternoon to advance energy and security issues in the Eastern Mediterranean. Attending the summit is Cyprus President Nicos Anastasiades, Greek Prime Minister Alexis Tsipras, Israeli Prime Minister Benjamin Netanyahu and US Secretary of State Mike Pompeo. Accompanying Pompeo is
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Cyprus President Nicos Anastasiades pledged his government will comply with EU fiscal rules to maintain prudent financial management and promote structural reforms that put the Cypriot economy on a sustainable growth path. Anastasiades made the comments during the 10th Economic Ideas Forum organised by the Wilfried Martens Centre of European Studies and the Glafcos Clerides
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Hourly labour costs rose 2.6% in Cyprus in the fourth quarter of 2018, compared with the same quarter of the previous year, putting it slightly below the EU average. Hourly labour costs rose by 2.3% in the euro area (EA19) and by 2.8% in the EU28. In Q3 2018, European hourly labour costs increased by
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The European Institute of Management and Finance (EIMF), a leading provider of professional education primarily to the financial and professional services sector, is partnering up with the Blockchain Training Alliance (BTA), to provide blockchain education and certification in Cyprus. “Τhe demand for blockchain knowledge is enormous,” said Marios Siathas, General Manager of EIMF,
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. IT has been said that history repeats itself, first as tragedy, then as farce. Recent events in Britain seem to prove the truth of Karl Marx’s maxim. If the Westminster parliament’s first overwhelming rejection of Theresa May’s Brexit plan was a tragedy – for the prime minister, at least – then the shambles which
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Turkish Cypriot leader Mustafa Akinci snubbed an invitation to attend Tuesday’s first bicommunal football match in 14 years to promote reconciliation on ethnically-divided Cyprus. Akinci – who was pencilled in to attend with Greek Cypriot leader Nicos Anastasiades – reportedly objected to the match being held in the mixed village of Pyla outside Larnaca, rather
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Cyprus motorists committing offences that endanger lives are to pay heftier fines as the government is set to submit a law proposal which could quadruple current penalties. The Justice Ministry aiming to bring down the number of traffic accidents and fatalities is putting forward a bill which will introduce effective, proportional and deterrent sentences. This
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There is mutual understanding and complete coordination with Athens about next steps on the Cyprus problem and the stance of Turkey in the region, said Cypriot President Nicos Anastasiades. Anastasiades met on Tuesday Greek Foreign Minister George Katrougalos in Nicosia, on his first official visit to the island after assuming his duties as Greece’s top
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Car showrooms are expecting sales of luxury vehicles to receive a significant boost after Cyprus MPs voted to abolish consumer tax on cars. Based on estimates given by an MP to the Financial Mirror, new cars are to see their prices in the market drop from a range of EUR 200 to even EUR 40,000
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Cyprus is in talks with the European Investment Bank (EIB) for over a €150 mln in financing for the construction of infrastructure to transport natural gas to the island, said Finance Minister Harris Georgiades. EIB President Werner Hoyer appeared optimistic that the credit institution will be able to take part in the project. “From 2013
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