Press Releases

23-05-2024 11:05

The International Arbitral Tribunal of the World Bank dismissed unprecedented mass claim of depositors and bondholders affected by Cyprus’ bank resolution measures amounting to 600 million US dollars

Decision of the Arbitral Tribunal of the International Centre for Settlement of Investment Disputes in the arbitration Theodoros Adamakopoulos and others v. Republic of CyprusOn 21 May 2024, the Republic received the Decision on Liability of the Arbitral Tribunal constituted under the Arbitration Rules of the International Centre for Settlement of Investment Disputes (ICSID) of the World Bank, in the arbitration titled Theodoros Adamakopoulos and others v. Republic of Cyprus (ICSID Case No....

23-05-2024 10:06

Meeting of Representatives of The High Commission of India in Cyprus and the Cyprus Organisation for Standardization

On Wednesday, 22nd of May, 2024 delegation from The High Commission of India and the Cyprus Organisation for Standardization (CYS) met to discuss areas of common interest for potential collaboration. Specifically, the Director of Standardization of CYS, Mr Pambos Kammas accompanied by Standards Officer for the Services Sector, Ms Natali Giorgalla, and the First Secretary of the High Commission of India, Mr Subhash Jangala, convened with the intention to identify specific areas of collaboratio...

22-05-2024 16:16

Address by the Shipping Deputy Minister, Ms Marina Hadjimanolis, at the reception on the occasion of the International Day for Women in Maritime

20th May 2024 Commissioner of Gender Equality, Ms Josie ChristodoulouLadies and Gentlemen,Good afternoon and a warm welcome to each and every one of you. I am delighted to see so many of you here today as we celebrate the International Day for Women in Maritime. A day that was established by the International Maritime Organisation in recognition of the important role of women within the maritime sector. A day that celebrates women in the industry and is intended to promote the recruitme...

22-05-2024 13:12

Road Freight Transport: 4th Quarter 2023

Freight transport in Cyprus +11,4% and from and to Cyprus +8,5%The Statistical Service announces the release of the latest figures for road freight transport for the fourth quarter of 2023.During the period October – December 2023, the total weight of goods transported by road in Cyprus increased by 11,4% compared to the corresponding period of 2022, while the weight of freight transported from and to Cyprus also increased by 8,5%.During the period January – December 2023, the total weight...

22-05-2024 11:35

Welcome address by the Attorney-General of the Republic, George L. Savvides, at a workshop on the role of the European Public Prosecutor's Office in the criminal protection of the financial interests of the European Union

It is an honor and a privilege to welcome you all to this conference dedicated to the European Public Prosecutor’s Office (EPPO) and focused on its role in safeguarding the financial interests of the European Union. It is a great pleasure for me to welcome to Cyprus for the second time, the European Chief Prosecutor Ms Laura Condruta Kovesi, whose leadership significantly contributes to the efforts of all competent authorities to combat financial crimes that undermine the integrity of the Eur...

22-05-2024 11:07

Completion of the second phase of the Project “Moving Forward to a New Digital Era through Standardisation” under the Erasmus+ DigiSTAN program

The Cyprus Organization for Standardization (CYS) completed the execution of the second phase of the project “Moving Forward to a New Digital Era through Standardisation”, which included the organisation and execution of the three national workshops focusing on the key objectives of the project, to:Learn about the initiative of the German Standards Organization (DKE) in the electrotechnical sector to attract the younger generation to the standardisation activities and to develop a plan to b...

21-05-2024 15:37

International Conference on the “Climate Crisis in the Eastern Mediterranean and Middle East”

The Cyprus Academy of Sciences, Letters, and Arts and The Cyprus Institute are co-organising the International Conference “Climate Crisis in the Eastern Mediterranean and the Middle East” from 26-28 September 2024. The Conference is held under the auspices of the President of the Republic of Cyprus, Dr Nikos Christodoulides, who is scheduled to deliver an opening address at the inaugural session. The Conference will be preceded by workshops on 23-25 September, focusing on specialised topics r...

21-05-2024 14:08

Address by the President of the Republic of Cyprus, Mr Nikos Christodoulides, at the 35th Annual General Meeting 2024 of the Cyprus Shipping Chamber

It is a great pleasure to address the 35th Annual General Meeting of the Cyprus Shipping Chamber. Over the years, the Chamber has proven to be an invaluable partner of the Government of the Republic of Cyprus. Your professionalism, dedication, and expertise have been instrumental in steering our collective efforts towards the continuous advancement of the Cyprus shipping sector. Together, we have overcome challenges, seized opportunities and we have achieved remarkable milestones. Together, ...

21-05-2024 13:28

Address by the President of the Republic of Cyprus, Mr Nikos Christodoulides, at the ceremony for receiving the credentials of the new Ambassador of Georgia, Mr Konstantine Kvachakidze

Your Excellency,I would like to extend my warmest congratulations to you on the occasion of the presentation of your credentials as the new Ambassador of Georgia to the Republic of Cyprus. May I also assure you of my Government's determination to further strengthen and deepen our bilateral relations in all areas of cooperation to the mutual benefit of our countries and people.The strong bonds between Cyprus and George, considerably enhanced by the Georgian community in Cyprus, serve as a so...

21-05-2024 13:07

Address by the President of the Republic of Cyprus, Mr Nikos Christodoulides, at the ceremony for receiving the credentials of the new Ambassador of the Order of Malta, Mr Domenico Giani

Your Excellency,It is with sincere pleasure that I receive your Letters of Credence and appoint you as the new Ambassador of the Sovereign Military Hospitalier of the Order of St. John of Jerusalem, of Rhodes and of Malta to Cyprus. Please accept my heartfelt congratulations and wishes for your success in the performance of your new duties, considering that my Government will offer you any assistance necessary.We live in a time of unprecedented global challenges. The Covid-19 pandemic was f...

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