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Cyprus News Agency: News in English, 12-03-12

Cyprus News Agency: News in English Directory - Previous Article - Next Article

From: The Cyprus News Agency at <>


  • [01] Foreign Minister to visit Holy See
  • [02] House Committee to visit Athens
  • [03] Credit guarantee for SME from EIB

  • [01] Foreign Minister to visit Holy See

    Cypriot Minister of Foreign Affairs Erato Kozakou Markoullis will be departing for the Holy See on Monday, to meet with Secretary for Relations with States and Minister of Foreign Affairs of the Holy See Monsignor Dominique Mamberti, to discuss mainly bilateral relations, the Cyprus issue and the destruction of the religious and cultural heritage in the areas of Cyprus under Turkish occupation.

    Markoullis will attend a working dinner hosted by Cyprus` Ambassador to the Holy See George Poulides. Also invited to the dinner are Monsignor Dominique Mamberti, Assessor for General Affairs of the Secretariat of State Monsignor Peter Brian Wells, and Grand Chancellor and Minister of Foreign Affairs of the Sovereign Military Order of Malta Jean-Pierre Mazery.

    On Tuesday, Markoullis will hold a working visit to Rome, at the invitation of Italian Minister of Foreign Affairs Giulio Terzi di Sant’Agata. The Italian Minister will host a working lunch to discuss bilateral issues, the latest developments in the Cyprus problem, energy matters, developments in Syria, Iran, Egypt and Libya, and other issues of international interest. Furthermore, the Italian side will be briefed on the priorities of Cyprus` EU presidency during the second half of 2012.

    In the framework of her visit, Markoullis will also meet with Minister for International Cooperation and Integration Policies Andrea Riccardi, the Cyprus-Italian Parliamentary Friendship Group, the Chairman of the Committee on Foreign Affairs at the Italian Parliament Stefano Stefani, the Chairman of the Committee on Foreign Affairs at the Italian Senate Lamberto Dini, and Vice-President of the Senate Emma Bonino.

    Markoullis will be returning to Cyprus on Tuesday evening.

    [02] House Committee to visit Athens

    The House of Representatives Education Committee will pay an official visit to Athens from 12-13 March.

    During the visit, the members of the Committee will have the chance to exchange views with the Greek Parliament Education Committee and hold meetings at the Ministry of Education on a number of issues, Committee chairman, Nicos Tornaritis has said.

    The main issues of discussions will be the implementation of the new educational programmes and the expansion of cooperation in education between the two countries. The two sides will also examine how Cyprus can contribute to alleviate the crisis in Greece.

    The delegations, Tornaritis added, will also examine undergraduate and graduate studies in Greece and see whether the Greek Education Ministry intends to close down certain universities, affecting Cypriot students.

    [03] Credit guarantee for SME from EIB

    European Investment Bank Vice President Plutarchos Sakellaris said he intended to make every effort in order have an SME credit guarantee fund up and running in Cyprus by next autumn.

    Sakellaris, made the remarks after being received by President Christofias at the Presidential Palace and informed him on the efforts to establish the fund, as well as on other EIB financing schemes.

    In statements after the meeting, Sakellaris said they discussed the EIB’s planning to assist the Cypriot government in establishing the fund, with an initial capital of 25 to 50 mln euros.

    The fund will be initially bequeathed with a capital loan by the EIB and will be later financed with equal funds from the state budget, Sakellaris pointed out, noting that the aim is to provide guarantees for covering part of the banks’ risks when lending money to SMEs.

    Cyprus News Agency: News in English Directory - Previous Article - Next Article
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