Bad loans in the Cyprus banking system at €9.42 billion in November 2019

Bad loans in the Cyprus banking system at €9.42 billion in November 2019

Non-performing exposures in the Cyprus banking system amounted to €9,418 million in November 2019 recording an NPE rate of 28.5% of total loans, data released today by the Central Bank of Cyprus (CBC) show. According...
The United States Department has said it remains “deeply concerned” by reports of Turkey’s drilling operations in the waters off Cyprus.

US State Department urges Turkey to halt drilling operations in waters off Cyprus

The United States Department has said it remains “deeply concerned” by reports of Turkey’s drilling operations in the waters off Cyprus and has urged the Turkish authorities to halt them. A State Department spokesperson was...
The Government of Cyprus has welcomed the adoption of Resolution 2506 by the UN Security Council extending the mandate of the UN peacekeeping force in Cyprus (UNFICYP) for six more months.

UNFICYP presence pivotal for conditions conducive to negotiations, Nicosia says

The Government of Cyprus has welcomed the adoption of Resolution 2506 by the UN Security Council extending the mandate of the UN peacekeeping force in Cyprus (UNFICYP) for six more months. Ambassador Andreas Mavroyiannis, Cyprus'...
Cyprus seeks regional cooperation to address climate change, Minister says

Cyprus seeks regional cooperation to address climate change, Minister says

Cyprus, as a small country, seeks regional cooperation in order to address climate change, said Minister of Agriculture, Rural Development and Environment Costas Kadis, in his intervention at the UN Climate Change Conference (COP25)...
A European Conference entitled «Mountain areas of large Mediterranean islands: European issues, National and Regional policies and local mechanisms» is taking place in the villages of Platres and Omodos,

Cyprus hosts EU Conference “Mountain areas of large Mediterranean islands”

A European Conference entitled «Mountain areas of large Mediterranean islands: European issues, National and Regional policies and local mechanisms» is taking place in the villages of Platres and Omodos, in the Limassol district, between...
There must be no intervention in procedure for new Turkish Cypriot leader, Spokesman says

Spokesman comments on Turkish Cypriot leadership process

Government Spokesman, Kyriakos Koushos, has reiterated the position of the government that there should be no intervention in any procedure for a new leader of the Turkish Cypriot community. Invited to comment on a dispute...
Political parties in Cyprus agree that they can take specific actions to enhance trust between two communities

Political parties in Cyprus agree that they can take specific actions to enhance trust...

Greek Cypriot and Turkish Cypriot political parties agreed that they can assist in the process of a Cyprus solution by taking specific actions to enhance trust between the two communities. The leaders and the representatives...
Foreign Ministry advises Cypriots to avoid all travel abroad

Foreign Ministry advises Cypriots to avoid all travel abroad

Cyprus’ Foreign Ministry issued on Monday travel advice in light of the COVID-19 pandemic, advising Cypriots to avoid all travel abroad unless absolutely necessary. The travel advice is valid from March 16, 2020, at 18:00...
UN official hopes leaders and other parties will return with a sense of urgency to negotiations

UN official hopes all parties return to negotiations

The UN Secretary-General's Special Representative in Cyprus and Head of the UN peacekeeping force on the island, Elizabeth Spehar, expressed on Thursday hope that "with the requisite political will", the two leaders in Cyprus,...
Cyprus Foreign Affairs Minister Nikos Christodoulides has said that Turkey has repeatedly threatened to settle the fenced area of Famagusta in breach of the relevant Security Council resolutions and the 1987 resolution of the Commission of human rights that expressly condemns any attempt to settle any part of Varosha by people other than its inhabitants as illegal and calls for the immediate cessation of such activities.

Foreign Minister: Turkey breaching UN resolutions on Famagusta

Cyprus Foreign Affairs Minister Nikos Christodoulides has said that Turkey has repeatedly threatened to settle the fenced area of Famagusta in breach of the relevant Security Council resolutions and the 1987 resolution of the...
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