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Cyprus News Agency: News in English, 13-08-23

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

From: The Cyprus News Agency at <http://www.cyna.org.cy>


CONTENTS

  • [01] State budget cuts to reach 700 million euros in 2014
  • [02] President appoints Theophilou representative on CMP
  • [03] Government has regained part of the country's credibility, says

    Spokesman

  • [04] Minister of Agriculture to pay two-day visit to Israel
  • [05] Andreas Papaevripides is the new President of POMAK

  • [01] State budget cuts to reach 700 million euros in 2014

    Expenditure deductions in 2014 state budget will reach 700 million in an attempt to reduce deficit to 0.5 billion euros, Finance Minister Haris Georgiades said on Thursday.

    Speaking at the 17th annual conference of Greek and Cypriot organizations abroad, the Minister said that the government seeks to reduce the 2014 state budget by 10% and not exceed 5.5 billion euros in order to bring deficit down to 500 million euros and ensure primary surplus by 2016, which will in effect help Cyprus return to the international markets.

    Georgiades said that the government does not intend to impose new taxes, underlining that its policy focuses on cost containment.

    [02] President appoints Theophilou representative on CMP

    President of the Republic of Cyprus Nicos Anastasiades has appointed former Ambassador Theophilos V. Theophilou as the Representative of the Greek Cypriot side on the Committee on Missing Persons (CMP).

    Theophilou will assume his duties on September 1, 2013.

    [03] Government has regained part of the country's credibility, says Spokesman

    Cyprus has lost part of its credibility for reasons mainly related to the economic crisis Government Spokesman Christos Stylianides acknowledged, pointing out that "we all share the responsibility to change this based on facts".

    The government has managed in these past five months to regain part of the country's credibility and the clearest indication of this is the recent positive evaluation by the Troika of the implementation of the bailout program, he noted, speaking at the 17th annual conference of Greek and Cypriot organizations abroad.

    "The first evaluation allowed us to take a breath and enables us to move on with solid steps and at a faster pace and build on it to change the image of Cyprus created during those two Eurogroup meetings" he added.

    [04] Minister of Agriculture to pay two-day visit to Israel

    Agriculture Minister Nikos Kouyialis will pay a two-day visit to Israel 25-26 August during which he will meet with Israeli Energy Minister Silvan Shalom.

    The meeting, according to an official statement, follows the signing beginning of August of a MoU between Cyprus, Israel and Greece on cooperation in the fields of energy and water.

    Kouyialis is also scheduled to have meetings with technocrats with the aim to further enhance bilateral ties and promote exchange of knowledge and expertise in the fields of the use of sewage as a new form of energy and the use of recycled water for the agriculture.

    [05] Andreas Papaevripides is the new President of POMAK

    Andreas Papaevripides has been elected as the new President of the World Federation of Overseas Cypriots (POMAK), at an election procedure that took place in the framework of the annual conference of representatives of Greek and Cypriot organisations abroad.

    Papaevripides was elected securing 42 votes. Peter Drousiotis, President of the National Federation of Cypriots in the UK secured 36 votes and was elected as Vice- President of POMAK.

    Overseas Cypriots held on August 21 and 22 in Nicosia, the 17th meeting of the International Conference of Overseas Cypriots (POMAK-PSEKA), together with the conference of the Executive Council of the Organization of Young Overseas Cypriots (NEPOMAK).


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