MONDAY, 17 FEB 2020



Facebook Linked In Twitter

Nikos Christodoulides: We Do Not Meddle With Turkish Cypriots’ Internal Matters

EIB President Confirms €230m Were Provided For Local Projects Last Year In Cyprus



Vasiliki Anastasiadou: Space Technology a Unique way to Promote Blue Growth in Cyprus

Vasiliki Anastasiadou: Space Technology a Unique way to Promote Blue Growth in Cyprus

Space technology is a unique way to promote blue growth in Cyprus, Transport, Communications and Works Minister Vasiliki Anastasiadou has said, according to the Cyprus News Agency.

She was addressing the International Space Forum which took place in Italy, a press and information office announcement issued here today says.

Blue economy sectors in Cyprus employ over 20,000 people who produce approximately €623 million, representing 3.2% of national economy and 5.4% of jobs, while coastal tourism represents 74% of blue economy jobs, Anastasiadou noted.

She added that marine and coastal tourism sectors have recorded a significant increase which is equal to 85% of total employment of the various blue economy sectors.

Maritime transport, she said, is the second greater blue economy sector which is recording an impressive upward trend of the order of 13% as a ratio of blue economy total employment.

These tendencies, the Cypriot Transport Minister continued, “are related to Cyprus’ strategic goal to further promote commercial shipping and to exploit hydrocarbon reserves in the Republic of Cyprus’ exclusive economic zone.”

Cyprus, she pointed out, is very active in space technology services, adding that until today 10 licenses have been granted to organisations for launching telecommunications satellites using ITU concessions.

Anastasiadou added that space technology is a unique way to promote blue growth in Cyprus and the Mediterranean.  It can be used, she added, through satellite pictures, data and communications for applications such as dealing with natural disasters, measuring water quality, monitoring agriculture, the environment and natural resources management, as well as the sustainable use of land, urban growth and immigration.

Cyprus, she said, has recently made steps to open two Centers of Excellence which will contribute in research and the development of activities regarding blue growth which will be co-funded by the European Commission and Cyprus. The first center is the Eratosthenes Center of Excellence (EXCELSIOR), expected to create 200 new jobs, and the second is the Research, Innovation and Marine and Shipping Technology Center.


Number Of Students Choosing Cyprus’ Higher Education Institutions Constantly Rises

The number of students in Cyprus’ higher education institutions is constantly ...

Cyprus GDP Set To Grow Over The Next Two-Year-Period According To Commission Forecast

The economy in Cyprus will grow by 3.2% in 2019, 2.8% in 2020 and 2.5% in 2021, according ...

MONEYVAL: Cyprus AML Regime Needs Improvement

In a report published today, the Council of Europe’s anti-money laundering body ...



The Director of LSE Dame Minouche Shafik in Cyprus

The Cyprus LSE Alumni Association is proud to host a conversation with the LSE Director Dame Minouche Shafik, ‘Where is the world economy going and ...

Technology is Transforming the Mining Industry

The global mining industry has radically evolved over the last 25 years, largely due to technological advancements as well as regulations imposed by ...

Ferry Connection Between Greece And Cyprus To Be Re-Established in May 2020

Greek authorities have approved the reintroduction of a ferry connection between Greece and Cyprus, a line that stopped operating in 2000, the Greek City Times ...

Transport Minister Travels To Brussels And Stockholm For Series Of Meetings

Cyprus’ Minister of Transport, Communications and Works Yiannis Karousos will be flying to Brussels on Monday, where on Tuesday, in the framework of ...

Crystal Springs Beach Hotel Tops HolidayCheck Cyprus Hotels

The top 10 Cyprus hotel winners of the ‘HolidayCheck Awards 2020’ have been announced with the Crystal Springs Beach Hotel in Protaras taking the ...

Facebook Boss Urges Tighter Regulation On Harmful Online Content

Facebook boss Mark Zuckerberg has called for more regulation of harmful online content, saying it was not for companies like his to decide what counts as ...

EIB President Confirms €230m Were Provided For Local Projects Last Year In Cyprus

Werner Hoyer, President of the European Investment Bank, today visited Cyprus to discuss recent and future investment in the country and see how the EIB ...

Birth Rate Of Enterprises In Cyprus Saw An Increase Between 2015-2016

In 2017, according to data released by Eurostat, the number of new enterprise births in the European Union (EU) as a proportion of the total number of active ...