Cyprus News Agency: News in English, 16-10-24

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From: The Cyprus News Agency at <http://www.cyna.org.cy>

CONTENTS

[01] French FM to discuss security concerns and role of UNSC in Cyprus'

peace effort with Nicosia

[02] Cyprus debt to GDP ratio drops to 109% in Q2 2016

[01] French FM to discuss security concerns and role of UNSC in Cyprus' peace effort with Nicosia

The international aspect of the Cyprus problem, the issue of security and guarantees and the role the UN Security Council could play in the UN-led peace talks on Cyrpus will be discussed at the meetings the French Minister of Foreign Affairs Jean-Marc Ayrault will have on Tuesday in Nicosia.

According to CNA sources, the French Minister will also discuss with his Cypriot counterpart Ioannis Kasoulides bilateral relations, issues relating to the EU, security concerns and energy matters.

An announcement, issued by the French Foreign Ministry, says that Jean-Marc Ayrault will travel to Turkey, Greece, and Cyprus on October 24 and 25.

(CNA)

*The full text of the news item is available in the paid version of the CNA web service.

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[02] Cyprus debt to GDP ratio drops to 109% in Q2 2016

Cyprus debt to GDP ratio has dropped further by -0.3 points, to 109%, in the second quarter of 2016, according to Eurostat. The difference since the same period of 2015 is -1,8 points.

In absolute terms, the public debt deescalated from 19.266 billion in Q2 2015 to 19.046 billion in Q1 2016 and further to 19.044 billion in Q2 2016 and from 110.7% to 109.3% and 109.0% respectively. Its basic components have been debt securities, 33.7 percentage points and loans 75.2.

Meanwhile, at the end of the second quarter of 2016, the government debt to GDP ratio in the euro area (EA19) stood at 91.2%, compared with 91.3% at the end of the first quarter of 2016. In the EU28, the ratio decreased from 84.5% to 84.3%. Compared with the second quarter of 2015, the government debt to GDP ratio fell in both the euro area (from 92.1% to 91.2%) and the EU28 (from 87.5% to 84.3% ...

(CNA)

*The full text of the news item is available in the paid version of the CNA web service.

*CNA reserves the copyright to the news stories it files, which is granted to subscribers for specific use only.

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