Cyprus’ Integrated Maritime Policy (IMP) aims at full utilization and sustainable development of its seas, within the framework of cooperation and consultation with all stakeholders and recognizes “Blue Growth” as a basic pillar of revitalizing the Cyprus economy, Communications and Works Minister Tasos Mitsopoulos has pointed out. Addressing an event in Limassol entitled “Blue Growth,

Cyprus is a destination country for women who are subjected to trafficking for purposes of sexual exploitation, Interior Minister Socrates Hasikos has said, addressing a conference against women trafficking in Nicosia. “Trafficking of women and girls is a crime and one of the worst forms of violence against women. We will continue to address the

Tourism Minister Yiorgos Lakkotrypis is travelling to Berlin to attend the Berlin tourist fair, ITB Berlin 2014. According to an official announcement, the Minister, heading a delegation from Cyprus, will be having meetings Wednesday and Thursday with airline representatives and tour operators from Germany with the aim to promote Cyprus tourism, to strengthen relations with

Europe is closing its innovation gap with the United States and Japan but differences in performance between EU Member States are still high and diminishing only slowly, according to the European Commission`s Innovation Union Scoreboard 2014 and the Regional Innovation Scoreboard 2014. The relevant report says that Cyprus is an innovation follower. Innovation performance in

Fitch Ratings has maintained the Bank of Cyprus’ covered bonds ‘B’ rating on negative watch. Fitch is “continuing to monitor the impact of the current economic environment on the performance of the residential mortgage portfolio, as well as the evolution of the bank`s Issuing Default Rater (IDR)”, the agency says. It further adds that “the

The Troika of international lenders has radically altered the memorandum so that the 130,000 title deeds backlog will no longer be required to be cleared by the fourth quarter of this year, as had originally been planned. It seems that only those cases where title deed issuance has been applied for plus another restricted category

The House of Representatives passed the landmark privatisation bill on Tuesday, in a narrow vote of 30 in favour and 26 against, overturning last Thursday’s marathon session that resulted in a hung parliament and five abstentions. This paves the way for three of the leading semi-government organisations to be restructured and partly or fully privatised