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Cyprus News Agency: News in English, 11-10-14

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From: The Cyprus News Agency at <>




    The President of the Republic of Cyprus has stated that he will take part in the meeting with United Nations Secretary General and Turkish Cypriot leader Dervish Eroglu as it has been decided.

    I state very clearly that we will go to New York, President Christofias said in statements to the Press after the meeting he held earlier on Friday with Eroglu in the framework of the UN-led talks, aiming at reaching a solution that would reunite Cyprus divided since 1974 Turkish invasion.

    Invited to comment on the meeting, Christofias said he shares the statements made earlier today by UN Secretary Generals Special Adviser on Cyprus Alexander Downer following the meeting.

    We are very close on the issue of the Parliament, he added.

    He noted however that there are still pending issues with regard to the chapter of governance on which there is a shift on the position by the Turkish Cypriot side.

    We stand by the position that has been previously agreed, Christofias said.

    The Cypriot President pointed out that another meeting between the leaders is scheduled for Wednesday 19 October and that their last meeting, before going to New York, will take place on 21st October.

    I hope that by then (the New York meeting) we will make one more positive step forward, he added.

    Furthermore, President Christofias stated very clearly that, in any case, he will be going to New York.

    Cyprus has been divided since the 1974 Turkish invasion. UN led talks have been ongoing since 2008 between the two leaders with a view to reunite the island under a federal roof.

    The meeting of UN Secretary General Ban Ki-moon with the leaders of the two communities in New York will probably take place on October 30 and 31. This will be the forth meeting with the Secretary-General. The first took place in November 2010, followed by two more meetings held in Geneva on 26 January and 7 July 2011, during which both sides reaffirmed their commitment to finding a comprehensive solution as soon as possible, while in Geneva, on 26 January 2011, the sides agreed to intensify the negotiations.


    President of the Republic Demetris Christofias and Turkish Cypriot leader Dervis Eroglou had a very fruitful meeting, said UN Secretary Generals Special Adviser on the Cyprus issue Alexander Downer.

    In statements to the press after the meeting, Downer said that they had a very fruitful meeting today, they discussed a large number of issues from the economy, the European Union to internal security.

    They had, he noted, a lengthy discussion about the property issue and they also talked about territory and governance and power sharing, adding that there was a particular emphasis in the discussion on property and governance and power sharing.

    Asked whether the issues of economy and internal security had been completed Downer said that I dont want to preempt anything the leaders might want to say. We have made some good progress on a lot of those issues, he pointed out.


    Minister of Commerce, Industry and Tourism Praxoulla Antoniadou conveyed a message of peace to Turkey, stressing that the possibility of finding hydrocarbon reserves in Cyprus Exclusive Economic Zone (EEZ) offers a golden opportunity for all countries in the region to resolve their differences,

    Addressing the workshop entitled Energy Issues Facing Cyprus, organized by the Cyprus Institute, The Cyprus Industrialists and Employers Federation and the Electricity Authority of Cyprus, the Minister said that Turkey should recognize Cyprus sovereign rights and contribute to efforts to solve the Cyprus problem thus normalising its relations with the Republic of Cyprus.

    She said that in September, Cyprus began exploration drilling in site 12, in its Exclusive Economic Zone with reference to hydrocarbons. Noble Energy which is conducting the exploration drilling expects to have some first indications of the possible existence of hydrocarbon reserves within 73 days of the commencement of drilling, i.e., roughly by beginning-middle of December, she said.

    Turkey now has a golden opportunity to prove itself to be a true peacemaker in the area of the Eastern Mediterranean, by respecting the sovereignty rights of all EU member states, through both words and actions and by truly contributing to the success of the peace process with reference to Cyprus through the encouragement of the Turkish Cypriot leadership to work for an agreed solution of the Cyprus problem that will be reunifying Cyprus on the basis of the commonly agreed basis of a bizonal, bicommunal federation with political equality as this is defined in relevant UN resolutions, Antoniadou stressed.


    Inflation in Cyprus continued to recede in September for a third consecutive month, while Euro area and EU inflation rose significantly.

    According to Eurostat data, released today, annual inflation rate in September receded to 2.5% in Cyprus, compared to 2.7% in August.

    Euro area annual inflation was 3.0% in September 2011, up from 2.5% in August, while EU annual inflation was 3.3% in September 2011, up from 2.9% in August.

    In Greece, annual inflation recorded a significant rise from 1.4% in August to 2.9% in September.

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