Christodoulides and Descalzi met to discuss “ENI’s activities and future projects in the country.”
CYPRUS
The European Union will offer economic aid to Lebanon when the European Commission president and the Cypriot president jointly visit Beirut on Thursday, a Cypriot official has said.
Economic sentiment in Cyprus improved in April after two months of deterioration.
Cyprus’ Shipping Deputy Minister, Marina Hadjimanolis, met last week in Guangzhou, China, with executives of shipping companies.
The existing parameters of the United Nations are flexible enough to facilitate a settlement to the Cyprus dispute that addresses the priorities of both sides on the ethnically split Mediterranean island, Nusrat Ghani, the UK’s minister of state for Europe, says.
The deputy minister of tourism for Cyprus, Kostas Koumis, said on Friday that tourism has been showing a solid northward trend since the start of the year.
Aid shipments to Gaza from Cyprus resumed late on Friday, a Cypriot source said, with a ship carrying food to the besieged Palestinian enclave after a pause following Israel’s killing of seven aid workers.
The Central Bank of Cyprus has determined the maximum interest rate for lending in the country to be 11.42%, exercising its powers under the Cyprus Penal Code.
Cypriot citizens now have access to and can invest in bonds issued by the Republic of Cyprus.
The Cyprus Travel and Tourism Agents Association (ACΤA) and Display Art Plc orchestrated a resounding success with the 25th Travel Expo Cyprus, held last weekend at the prestigious Cyprus State Fairgrounds.
The downsizing of hotels and tourism enterprises has taken a toll on the quality of services rendered.
CNP Cyprus, the subsidiary of the French insurance giant CNP Assurances, is finally being transferred to Hellenic Bank for 182 million euros.
Cyprus’ Shipping Deputy Minister Marina Hadjimanolis traveled to Guangzhou, China, to attend the naming ceremony of the newly built cargo ship AAL Limassol.
Everything appears to be proceeding smoothly and insurer CNP Cyprus will soon be under the ownership of Hellenic Bank.
The European Commission has taken action against Greece and Cyprus for their failure to properly implement rules aimed at combating fraud within the EU’s budget.
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