Sisi gives assurances to Omirou over hydrocarbons exploitation
Egypt supports Cyprus with determination, the President of the Cyprus Parliament Yiannakis Omirou said, after having been assured on Tuesday by the Egyptian President Abdel Fattah el-Sisi that his country will support Cyprus over matters related to the exploitation of hydrocarbons.
The President of Parliament told the press he was content with his contacts in the capital of Egypt during the last two days. On Tuesday, before leaving Cairo, Omirou was received by the Egyptian Prime Minister Sherif Ismael and later by President el-Sisi.
“Following the meetings with the Prime Minister and President Sisi I want to stress that Egypt stands by Cyprus with determination, primarily when it comes to the struggle of Cyprus to end occupation and restore the human rights and freedoms of our people” Omirou said, noting that Egypt supports Cyprus at international level, but also in the framework of the Organisation for Islamic Cooperation and the relationships developed in the framework of the trilateral cooperation of Cyprus, Egypt and Greece.
“President Sisi assured me that in the framework of the agreements signed between the two countries, Egypt is ready to support in every way Nicosia`s actions” meaning, he added, the explorations for hydrocarbons which in case
Harmonised inflation in Cyprus remained unchanged at 2,2% in March 2016, continuing a deflationary pressures for sixteen consecutive months, according to the Statistical Service Cystat.
Food and non-alcoholic beverages declined to 96.62 units compared with 99.30 in February, while alcoholic beverages and tobacco declined to 100.89 units compared with 101.73. Clothing and footwear rose to 104.86 units compared with 91.71 in February.
House prices dropped by -0.6% during the last quarter of 2015 compared to the same quarter of 2014 and by -4.7% compared to the previous quarter, as measured by the House Price Index, published by the European Union’s Statistical service, the Eurostat.
At the same time house prices rose by 2.9% in the euro area and by 3.8% in the EU in the fourth quarter of 2015 compared with the same quarter of the previous year.