Cypriot Deputy Minister of Maritime Affairs included in Lloyd’s list
Cyprus’ Deputy Minister of Maritime Affairs Natasa Pilides was included in Lloyd's list of the ten most influential women in shipping. Walking in the footsteps of the International Maritime Organization on the empowerment and visibility of women in shipping, Lloyd's List announced that its established list of 100 professionals with a maritime influence should also reflect women's presence and leadership in organizations, companies and organized groups. Prior to the introduction of the 100 distinguished figures, the list of the ten most influential women in the field of shipping was announced, who form the epitome of the International Maritime Organization's values ​​in terms of female empowerment....
Turkish Ministry of Foreign Affairs to the EU: “It is not your place to talk about Libya and the Continental Shelf”
"The EU Council, with its decision on the grounds of solidarity, continues to promote the maximalist, unjust and unlawful, according to International Law, positions of the Greek Cypriot-Greek duet. As we have said before, the EU has no right to demarcate the areas of responsibility at sea. Likewise, the EU is not an international court. And it cannot have a say on the Turkey-Libya Memorandum, which was duly signed and in line with all procedures provided. When the Greek Cypriot Administration, unjustly and as if it were a normal state representing the whole island, was signing agreements with the countries of the region back in...
Akar: The hands of the Turkish nation are clean and we were never associated with the alleged events
The politicians have no basis for making decisions on historical issues, Turkish Minister of National Defense Hulusi Akar said on Friday, referring to the lawmakers who voted on the 1915 events. "Politicians who make decisions or make claims on this historic issue are unfounded", Hulusi Akar stated during a military graduation ceremony in Izmir, referring to a recent resolution from the US Congress on the Armenian claims. He added that anyone who would go back to the evidence would see that the Turkish nation's hands are clean and have never been associated with the alleged incidents. Turkey opposes the depicting of those incidents as a...
Zaharieva: Bulgaria supports the deepening of the EU-BSEC partnership
Bulgaria supports the deepening of the partnership between the European Union and the Black Sea Economic Cooperation Organization (BSEC), Bulgarian Deputy Prime Minister and Minister of Foreign Affairs Ekaterina Zaharieva stated during the BSEC Foreign Ministers meeting which was held in Athens. The forum held in Athens signals the end of the Greek presidency of the organization, with Romania taking over. Before Greece, in the first half of 2019 BSEC was chaired by Bulgaria. "The fact that three EU member states - Bulgaria, Greece and Romania - are chairing the organization has already consistently impacted the EU-BSEC partnership in a positive way. I also welcome...
SDA, SBBBH and DF reach agreement on government formation
Presidents of the Party of Democratic Action (SDA) Bakir Izetbegović, the Alliance for a Better Future of BiH (SBBBiH), Fahrudin Radončić, and the Democratic Front (DF), Željko Komšić, at today’s meeting in Sarajevo reached an agreement on the formation of governments in BiH at different levels. After the meeting, Izetbegović told reporters that “a coherent coalition, a pro-Bosnian component, from the Federation of BiH to the cantons, including the Sarajevo Canton, the Zenica-Doboj, Herzegovina-Neretva Canton, etc., has finally been constituted”. “When it comes to the level of the Federation of BiH, we have also reached an agreement and we call on Dragan Čović and the...
Kyriakos Mitsotakis: Greece will do whatever it takes and whatever is needed to protect its sovereign rights
Prime Minister Kyriakos Mitsotakis, speaking at the press conference after the EU Summit, stated that he was satisfied with the outcome of the Summit regarding the denouncement of the Turkish activity and the unequivocal solidarity towards Greece. The Prime Minister said that "I have requested and received from my counterparts from all the EU member states the full support to Greece against the Turkish provocations. I had the opportunity to thoroughly brief the Heads of State and Government on the "agreement" between Libya and Turkey, because this Memorandum - for us - constitutes a completely null and void Agreement, since it violates the rights, the...
JP Morgan: “Hercules” is positive for Greek banks
After yesterday's vote on the Hercules bill, Greek banks are ready to follow on the footsteps of the Italian ones, JP Morgan commented in its analysis of the sector. As it is pointed out, the initial reaction is encouraging: banks have already announced plans for securities worth EUR 23 billion, which the agency estimates will rise further in the coming months and will eventually cover almost 50% of current non-performing exposures, which amount to EUR 75 billion. According to JP Morgan's analysis, the collateral valuation shows a potential transfer rate in the band of 34-35% on average, well above the levels recorded in Italy (28%)...
Climate change, MFF, Africa, Turkey and on the Future of Europe on the EC conclusions
On 12 December 2019 the European Council adopted conclusions on climate change, the MFF, the Conference on the Future of Europe, EU relations with Africa, the WTO, Turkey and Albania. In the light of the latest available science and of the need to step up global climate action, the European Council endorses the objective of achieving a climate-neutral EU by 2050, in line with the objectives of the Paris Agreement. One Member State, at this stage, cannot commit to implement this objective as far as it is concerned, and the European Council will come back to this in June 2020. The transition to climate neutrality...
The recognition of the independence of Kosovo is a compromise, Thaci tells Serbian president
Kosovo president, Hashim Thaci, answered the statements made by Serbian president Aleksandar Vucic, who spoke of a compromise with Kosovo, without recognition. Kosovo president said that he considers Vucic’s statements as provocations, adding that the two countries will sit at the negotiation table as equal. “Messages from Belgrade that we have to compromise without recognition of Republic of Kosovo are provocations. Independence of Kosovo IS a compromise. Dialogue only possible on a principle: two countries recognizing each other as equal neighbors, moving towards Euro-Atlantic family,” Thaci wrote on Twitter. Serbian president Vucic during a visit to Greece gave an interview with the Athens-based newspaper, Kathimerini,...
Turkey: Istanbul Canal and the construction of 100 thousand housing for low-income families ready to begin
Turkey will soon inaugurate the Canal Istanbul maritime project that will connect the Black Sea with the Sea of Marmara, Turkish President Recep Tayyip Erdogan announced from Ankara, while presenting the 100,000-housing social program for citizens with low income. "We will launch the Istanbul Canal as soon as possible", Erdogan stated, adding that this is a plan to protect Bosporus from any serious disasters. The channel's purpose is to reduce the maritime traffic between the Black Sea and the Sea of Marmara, in particular the back-and-forths of oil tankers via Bosporus, the Turkish President noted. It constitutes one of Turkey's largest strategic projects and is...