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The President of the Republic received Mr A. Downer The President of the Republic, Mr Demetris Christofias, received today, at the Presidential Palace, the United Nations Special Adviser on Cyprus, Mr Alexander Downer. After the meeting Mr Downer told the press that he had “a very good meeting with Mr Christofias,” adding that “we are obviously, in the UN, looking forward to the leaders’ meeting on Friday, and importantly the two full-day meetings that are going to take place next week. It’s going to be an interesting period when we discuss the property question.” Asked whether he expects the two leaders to submit proposals on the property issue Mr Downer said that “that is a matter for the leaders and for them to talk about how they are going to handle the talks. What we would say publicly about all of these, is that we very much want the two sides to continue to work and move forward on the property question. If they can, as we sometimes put it, ‘break the back’ of the property issue and find some really important convergences, then this is going to be a very important step forward in the Cyprus negotiations. We hope what happens over the next ten days or so, will make a contribution to that.” He added that “how they will in detail handle it, that is a matter for them to talk about publicly, I don’t think it would be discreet for us to do that.” - 01.09.2010 Israeli Foreign Minister to visit Cyprus The Minister of Foreign Affairs of Israel, Mr Avigdor Liberman, will arrive in Cyprus tonight for a two-day visit. Tomorrow afternoon Mr Liberman will have a meeting at the Ministry of Foreign Affairs with the Minister of Foreign Affairs, Mr Markos Kyprianou. The two Ministers will hold talks with the participation of delegations from the Foreign Ministries of both countries. The discussion will focus on bilateral relations, the relations between Israel and the EU, the Middle East peace process and the initiative taken by the Governments of Cyprus and Greece for Gaza. Mr. Kyprianou will brief his Israeli counterpart on the current phase of the ongoing negotiations for the Cyprus problem. - 02.08.2010 Press Release: Excavations at Kissonerga-Skalia 2010 The Ministry of Communications and Works, Department of Antiquities, announces the completion of the latest season of excavations at the Early–Middle Bronze Age (c. 2300–1650 BC) settlement of Kissonerga-Skalia, which was carried out during July by a University of Manchester team under the direction of Dr Lindy Crewe. The team focused their efforts on revealing further Bronze Age architectural remains, partially exposed during the previous three seasons, in order to address questions of how people lived during the Bronze Age in Kissonerga; how long the site was occupied for; and how local populations interacted with other communities on the island. Kissonerga-Skalia is the first site of this period to be excavated in the southwest of the island and the only known site located by the coast, in contrast to the more usual inland Early–Middle Bronze Age settlement patterns. - 01.09.2010 more... Consumer Price Index for the month of August 2010 The Consumer Price Index for August 2010 increased by 0,92 units or 0,82% to 112,69 units compared to 111,77 in July 2010. This is mainly due to increases in the prices of certain fresh vegetables, fresh fruit, bread and electricity. Decreases have been recorded in the prices of air fares, petroleum products and certain clothing items. The rate of increase of the Index and therefore the rate of inflation for August 2010 rose to 3,2% compared to 2,6% in July 2010 and a negative rate of inflation of -1,0% in August 2009. For the period January-August 2010, the CPI recorded an increase of 2,4% compared to the corresponding period of 2009. - 02.09.2010 more... The Castle of Paphos will remain closed until the 6 of September The Ministry of Communications and Works, Department of Antiquities, announces that the Castle of Paphos will remain closed until 6th of September 2010 due to “Paphos Aphrodite Festival 2010”. - 30.08.2010 Research and development activity in Cyprus in 2008 On the basis of the results of the ad hoc survey carried out by the Statistical Service for the collection of data on scientific research and experimental development (R & D), total R & D expenditure in Cyprus in 2008 is estimated at €73,4 mn which corresponds to 0,43% of the Gross Domestic Product (GDP), compared to €70,1 mn or 0,44% of the GDP in 2007 and €61,4 mn or 0,43% in 2006. Despite the increase of 4,7% observed in R & D expenditure in 2008 relative to 2007, the share of the GDP of Cyprus devoted to R & D activities continues to be low compared to other countries. For example, the share of R & D expenditure to the GDP of the European Union member states stands at 1,9% on average (ranging from 0,43% in Cyprus, 0,47% in the Slovak Republic and 0,49% in Bulgaria to 3,73% in Finland and 3,75% in Sweden). - 26.08.2010 more... Call for Expression of Interest on the JEREMIE “Funded Risk Sharing Financial Instrument” The European Investment Fund, managing the implementation of the JEREMIE initiative in Cyprus, in collaboration with the Planning Bureau, Managing Authority of the Structural Funds and the Cohesion Fund of the EU in Cyprus, would like to inform you that the Call for Expressions of Interest procedure for the selection of Financial Intermediaries that will receive JEREMIE resources for the implementation of the second JEREMIE financial instrument in Cyprus ("First Loss Portfolio Guarantee") has been initiated. The JEREMIE initiative, aiming to improve small and medium enterprises’ (SMEs) access to finance, is co-financed by the European Regional Development Fund (ERDF), within the framework of the Operational Programme "Sustainable Development and Competitiveness, 2007-2013". Through this Initiative, member states are given the possibility to use part of the EU Structural Funds for SMEs, through the implementation of financial products specially designed for them, such as loans and loan guarantee schemes. JEREMIE funds are granted to SMEs through selected Financial Intermediaries. The current Call for Expression of Interest is addressed to Credit Institutions which are authorised to carry out business in Cyprus and meet certain conditions / criteria as set out in relevant documents. Detailed information on such procedure including all relevant documentation that need to be submitted can be found on the following addresses: http://www.eif.org/jeremie/activity/index.htm – under section Calls For Expression of Interest, http://www.structuralfunds.org.cy – under section Κοινοτικές Πρωτοβουλίες “J”, and the relevant applications shall be submitted no later than 13 October 2010. - 29.08.2010 more...

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