• ForMin Aurescu: Nuclear energy has important place in efforts to strengthen energy security

    Romanian Foreign Minister Bogdan Aurescu said on Tuesday that energy security has an important place in the efforts for strengthening the energy security and curbing emissions; he underscored the national competences regarding “the national energy mix” should be maintained “intact”. More…

  • Bucharest Stock Exchange resisted turbulences better than big European stock markets

    The Bucharest Stock Exchange (BVB) has better resisted to the turbulences generated by a possible Grexit (Greece’s exiting the Eurozone, editor’s note) compared to other bigger stock markets of Europe, on the grounds of the very good macroeconomic situation of Romania, BVB Board Chairman Lucian Anghel told AGERPRES. More…

  • Unemployment: seasonally adjusted rate hits 7.1pct at end-May (official statistics)

    The seasonally adjusted unemployment rate hit 7.1 percent at end-May, by 0.2 percentage points higher than in the prior month and by 0.3 percent above the level reported in May 2014, show the provisional figures released by the National Institute for Statistics on Tuesday. More…

  • Results of 2015 Pancyprian exams announced

    Minister of Education and Culture Costas Kadis has announced the results of the Pancyprian exams for the higher and highest educational institutes of Cyprus and Greece’s military and theatre schools for the academic year 2015-2016.

    Kadis said that 8.619 students initially applied to participate in 2015 Pancyprian exams to obtain a certificate(Apolytirion) of whom 5.902 are seeking admission to public higher education institutions in Cyprus and Greece.

    Minister congratulated all the graduate students who have secured a place in Cyprus’ and Greece’s state universities while he would personally contact the 10 top-scorers of the exams to congratulate them for their success.

    “With the current distribution, 2.307 seats have been allocated under the preferences of candidates, of which 1.362 go to the University of Cyprus, 754 to the Cyprus University of Technology, 95 to the Higher Hotel Institute, 95 to Military Schools in Greece and one seat to the Drama School in Greece,” he said.

    CNA/GMI/GCH 2015
    ENDS, CYPRUS NEWS AGENCY

  • Unemployment remains stable in Cyprus at 16,0%

    The unemployment rate in Cyprus in May 2015 remained stable at 16,0%, compared to April 2015.

    The euro area seasonally-adjusted unemployment rate was 11.1% in May 2015, stable compared with April 2015, and down from 11.6% in May 2014. This is the lowest rate recorded in the euro area since March 2012.

    The EU28 unemployment rate was 9.6% in May 2015, also stable compared with April 2015 and down from 10.3% in May 2014. This is the lowest rate recorded in the EU28 since July 2011. These figures are published by Eurostat, the statistical office of the European Union.

    Among the Member States, the lowest unemployment rate in May 2015 was recorded in Germany (4.7%), and the highest in Greece (25.6% in March 2015) and Spain (22.5%). Compared with a year ago, the unemployment rate in May 2015 fell in twenty-two Member States, increased in five and remained stable in Cyprus. The largest decreases were registered in Lithuania (11.0% to 8.2%), Spain (24.7% to 22.5%) and Ireland (11.7% to 9.8%). The increases were registered in Belgium (8.4% to 8.6%), France (10.1% to 10.3%), Romania (6.8% to 7.1%), Austria (5.6% to 6.0%) and Finland (8.6% to 9.4%).
    CNA/EK/ΜΜ/2015
    ENDS, CYPRUS NEWS AGENCY

  • Marcos Baghdatis defeats Young in Wimbledon

    The Cypiot tennis player Marcos Baghdatis opened his 10th Wimbledon campaign with a win on Monday, defeating Donald Young 5-7, 6-2, 6-4, 6-4 in two hours and 11 minutes.

    According to Baghdatis` official website, in rallying from a set down, Marcos fired 11 aces and 42 total winners, claiming 72 per cent of first serve points and securing five breaks of serve. Nine years removed from a memorable semifinal finish at the All England Club, Marcos advanced to the second round for the fourth time in the last five years.

    Looking to capitalise on the momentum, Marcos will face qualifier John Millman next, after the Australian advanced with a straight sets upset of No. 19 seed Tommy Robredo. He will seek to level his head-to-head series against Millman after dropping their lone meeting at last year`s Napa Challenger.

    The match will be on Wednesday, with the winner facing either No. 16 seed David Goffin or British wild card Liam Broady.

    CNA/TKE/MM/2015
    ENDS, CYPRUS NEWS AGENCY

  • President holds telephone conversation with Tusk

    President of the Republic Nicos Anastasiades held today a telephone conversation with the President of the European Council Donald Tusk, as part of his initiative on Greece, whose economic programme expires at midnight tonight.

    Government Spokesman Nikos Christodoulides wrote in his personal account on twitter that the telephone conversation aims to help achieve an agreement with Greece.

    It is recalled that President Anastasiades also had a telephone conversation today with the German Chancellor Angela Merkel and yesterday with the Greek Prime Minister Alexis Tsipras.

    Yesterday, the Government Spokesman announced that the President would hold a series of telephone communications today with the Presidents of the EU institutions and EU leaders.

    CNA/GMI/AAR/MM/2015
    ENDS, CYPRUS NEWS AGENCY

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    Research and Development Spending Accounts for 0.25% of GDP in 2014

    Sofia, June 30 (BTA) – Public spending on research and development (R&D) in Bulgaria amounted to 206.6 million leva in 2014, increasing by 3.1 per cent compared with 2013, the National Statistical Institute reported on Tuesday. The absoluteincrease did not change the ratio of R&D spending to GDP, which remained at 0.25 per cent (unchanged since 2012). More…

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    Bulgaria to Contribute EUR 100 Mln to Investment Plan for Europe

    Brussels, June 30 (BTA correspondent Nikolay Jeliazkov) – Bulgaria has announced that it will contribute 100 million euro to projects benefiting from finance by the European Fund for Strategic Investments (EFSI), at the heart of the 315 billion euro Investment Plan for Europe, the European Commission said onTuesday. The contribution will be made through co-financing of projects approved by the Bulgarian Development Bank. Bulgaria is the eighth member state after Germany, Spain, France, Italy, Luxembourg, Poland and Slovakia to announce a contribution, even before the EFSI becomes operational. More…

  • Central Bank: Bulgaria’s Banking System Has High Liquidity, Is Independent of Negative Developments in Neighbouring Countries

    Sofia, June 29 (BTA) – The Bulgarian National Bank said on Monday that Bulgaria’s banking system has very high levels of capital adequacy and liquidity which guarantee its stability, normal functioning and independence of negative developments in neighboring countries. The statement comes after Sunday’s decision of the Greek government to impose a bank holiday and capital controls. Steps taken by Greece’s government and central bank have no legal force in Bulgaria. More…

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