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Cyprus News Agency: News in English, 13-06-26

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

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


CONTENTS

  • [01] House to be represented at IAO 20th General Assembly
  • [02] CAP agreement with favorable decisions affecting Cyprus
  • [03] Residential property prices continue downward path
  • [04] Thirty eight projects adopted by ENPI Med Joint Monitoring Committee
  • [05] Youth unemployment and SME support top European Council agenda

  • [01] House to be represented at IAO 20th General Assembly

    The Cyprus House of Representatives will be represented at the 20th General Assembly of the Inter-parliamentary Assembly on Orthodoxy (IAO) to be held in Athens on June 27-29.

    The Cyprus delegation comprises MPs Lefteris Christoforou, Agelos Votsis and Giorgos Varnava.

    The 20th General Assembly, entitled "Parliamentary Democracy-Christianity-Orthodoxy: values and meanings", will celebrate the occasion of the 20th anniversary since the establishment of the IAO.

    [02] CAP agreement with favorable decisions affecting Cyprus

    The Agriculture and Fisheries Council of EU Ministers reached in the early hours of Wednesday a political agreement concerning CAP reform, on the basis of a European Commission proposal.

    The Cyprus delegation, headed by Agriculture Minister Nicos Kouyialis, managed to have important parameters satisfied, amid tough negotiations.

    These include Cyprus' request to increase co-financing during the new period, on the basis of a flexible formula, that allows for access to increased EU funding in the first years of the 2014-2020 period.

    [03] Residential property prices continue downward path

    Residential property prices (houses and apartments) continued the downward path in the first quarter of 2013, recording a decline for 13 consecutive quarters.

    According to figures compiled by the Central Bank of Cyprus, house prices index registered in Q1 2013 a decline of 1.6% compared to Q4 2012, whereas on an annual basis, i.e. compared with Q1 2012, the index recorded a decline of 5.4%.

    House prices registered a decline for ten consecutive quarters, while apartment prices registered a downturn for 13 consecutive quarters.

    [04] Thirty eight projects adopted by ENPI Med Joint Monitoring Committee

    Thirty eight projects of the second standard call for proposals have been adopted by the ENPI Med (cross-border cooperation in the Mediterranean Programme) Joint Monitoring Committee during its eight meeting which took place in Larnaca, Cyprus, on 17th June.

    Launched in December 2011, the last call under the 2007-2013 Programme witnessed high competition, as highlighted by the following figures: a total value of € 1.4 billion ENPI contribution requested by 1095 submitted proposals against € 56.5 million available budget and less than 4% of projects finally selected.

    Besides confirming the relevance at Mediterranean level of topics such as the conservation of natural and cultural heritage, sustainable tourism, waste and water management, innovation processes and territorial planning, the approved 38 projects shed some light on new thematic areas. These include for instance the boost to green technologies in industries, the optimization of port logistics, the facilitation of goods circulation, the support to job creation or the improvement of the mobility of young people, professionals and entrepreneurs.

    [05] Youth unemployment and SME support top European Council agenda

    Combating youth unemployment and measures to support small and medium size enterprises (SMEs) will be at the top of a European Council agenda, scheduled to take place on Thursday and Friday.

    Cyprus President Nicos Anastasiades will take part in the meeting.

    Inviting European leaders to attend the Council, EU President Herman Van Rompuy refers to a letter he sent EU leaders on May 24 in which he explores some avenues which could generate immediate impact.


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