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Cyprus News Agency: News in English, 13-06-14

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

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


CONTENTS

  • [01] Passenger traffic in May satisfactory and encouraging
  • [02] German and Spanish FMs extend invitation to their Cypriot counterpart
  • [03] BoC Ukraine operates normally, says Bank of Cyprus
  • [04] Cyprus among EU member states with largest employment decreases in

    2013 Q1


  • [01] Passenger traffic in May satisfactory and encouraging

    The latest results for passenger traffic for May at the two international airports of Cyprus are satisfactory and encouraging, a press release by Hermes Airports, the operator of Cyprus' airports, says.

    It is noted that based on official figures from Hermes Airports, during the period 01 until 31May, there has been a notable increase in passenger traffic of 5.5% in comparison to the corresponding period last year.

    "This improvement in traffic is due mainly to the Easter Holidays, the increase in flight capacity to and from Russia and the United Kingdom, as well as a certain low cost airline resuming its summer routes to and from Pafos" the press release says.

    [02] German and Spanish FMs extend invitation to their Cypriot counterpart

    Foreign Ministers of Germany and Spain have extended an invitation to Cypriot Foreign Minister Ioannis Kasoulides to participate in a discussion on the EU's future that will take place next week in Mallorca.

    According to CNA sources, German Ambassador in Nicosia Dr. Gabriela Guellil and Spanish Ambassador Ana Salomon met Friday with Foreign Minister Ioannis Kasoulides to whom they extended a joint invitation by the Federal Foreign Minister Dr. Guido Westerwelle and his Spanish counterpart José Manuel García-Margallo y Marfíl to Mallorca on June 19.

    Among the issues to be discussed will be the decisive juncture of the EU today, how the euro can be stabilized on a durable basis in order to secure growth and employment in the euro area and in the EU as a whole, and how to restore citizens` confidence in the joint European project and strengthen the democratic legitimacy of European action.

    [03] BoC Ukraine operates normally, says Bank of Cyprus

    Bank of Cyprus Ukraine (BoC Ukraine) operates normally and has no restrictions in servicing clients, a Bank of Cyprus (BoC) press release issued here on Friday says.

    According to the press release "following press articles referring to the freezing of the ownership of the Ukrainian's subsidiary, PJSC Bank of Cyprus Ukraine, the Bank of Cyprus Public Company Ltd announces that in May 2013, Luxori Smart Ltd appealed to the Commercial Court of Kiev with a claim against a number of defendants, including BoC and its subsidiary in Ukraine".

    The decisions of the Commercial Court of Kyiv do not affect the operations of BOC Ukraine, it notes.

    [04] Cyprus among EU member states with largest employment decreases in 2013 Q1

    Cyprus, Greece, Portugal, Spain and Italy registered the largest employment decreases in the EU during the first quarter of 2013, according to national accounts estimates published on Friday by Eurostat, the statistical office of the European Union.

    Among those member States for which data are available, Lithuania (2.4%), Estonia (2.3%) and Latvia (1.0%) recorded the highest growth rates compared with the previous quarter.

    Greece (-2.3%), Portugal (-2.2%) Spain and Cyprus (both -1.3%) and Italy (-1.2%) registered the largest decreases.


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