An agreement to further develop the relations of the Cyprus House of Representatives and the National Assembly of Armenia, was reached during the talks Cypriot Speaker Marios Garoyian held during his two-day visit to Yerevan. Garoyian and National Assembly of Armenia President Hovik Abrahamyan held a joint press conference on Thursday at the end of

The European Commission launched the EU Scholarships III Programme on 11 November 2008 and is offering 200 scholarships for Turkish Cypriots for the academic year 2009/10. Recipients will receive a grant of EUR15.000 to cover fees and living expenses.  Scholarships will be available both for undergraduate and for postgraduate studies (e.g. Masters, PhD studies). Studying

The Cyprus economy was still resilient in the third quarter, rising by 0.6% on a seasonally adjusted basis compared with the previous quarter according to the “flash” estimate from the Statistical Service. Although this was the slowest pace of growth seen for almost four years, it easily outpaced the eurozone, where the economy in many

The Cyprus real estate and property market is holding up well despite the global crisis but land developers on the island are calling for urgent measures to be introduced by the government in order to ensure future stability and growth. The Chairman of the Land and Building Developers Association Lakis Tofarides said there was a

The European Commission proposed today a wide-ranging energy package which gives a new boost to energy security in Europe, supporting the 20-20-20 climate change proposals which should be agreed by December. A press release issued Thursday by the EC says that the Commission puts forward a new strategy to build up energy solidarity among member

Cyprus has the 21st most consumer friendly healthcare system in Europe, according to the 2008 Euro Health Consumer Index (EHCI) launched today in Brussels. According to a press release, issued today by the Health Consumer Powerhouse, “this is a notable decline from the 13th position in the equivalent ranking for last year”. “It seems that

The key to a solution of the Cyprus problem lies in Ankara, House President Marios Garoyian has stressed, during a meeting with the Foreign Minister of Armenia Edward Nalbandian, on the last day of his official visit to the country. Garoyian described the discussion with the Armenian Foreign Minister on the Cyprus issue as “very

The Republic of Cyprus has submitted a Declaration on the Recognition of the Cypriot Maronite Arabic Language on November 5, 2008. According to an official announcement, Cyprus has adopted the Recommendation of the Committee of Ministers of the Council of Europe, dated on 27 September 2006. The Declaration was made in recognition of the concept

K. Athienitis Contractors-Developers Public (ACD.CY) announced the completion of the issue of 10,000 bonds of nominal value of EUR1,000 each for a total of EUR10 mln. The bonds’ interests and capital payments are both guaranteed by Marfin Popular Bank Public Co Ltd. The Company has taken all necessary measures for the listing of the Bonds