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BerichtGeplaatst: 16-07-2018 11:10:01    Onderwerp: choices of Xinhua Reageren met citaat
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NICOSIA, Feb. 2 (Xinhua) -- Cypriot economy recorded inflation for the first time in 42 months following its bailout almost four years ago, the Cypriot Statistical Service (Cystat) reported on Thursday.


Cystat said in an announcement that the consumer price index increased by 0.5 percent in January 2017 relative to the same month last year.


Cyprus was pulled back from a near melt-down of its economy in March, 2013 in a 10 billion euros (10.78 billion U.S. dollars) assistance package offered by the Eurogroup and the International Monetary Fund that also involved the resolution of its banking system.


A deep economic recession which lasted for 12 consecutive quarters up to the beginning of 2016 was accompanied by a deflation which Cystat said averaged from minus 2.3 percent up to January 2015 and minus 1.3 percent in the next 12 months.


Housing, water, electricity, gas and fuel caused the consumer price index to go up, Cystat said, reflecting the return of the Cypriot economy to growth.


Official data project GDP growth to be around 3 percent this year.

"

TIRANA, May 21 (Xinhua) -- After Albanian Prime Minister Edi Rama and main opposition Democratic Party leader Lulzim Basha agreed earlier this week to postpone the parliamentary elections for one week, President Bujar Nishani on Sunday set June 25 as the new election day.


As part of his continued institutional initiative to promote political dialogue to reach compromised solutions, the president welcomes the agreement as a major achievement in the country's as well as Albanian citizens' best interest, Director of President's cabinet, Olsi Lafe told reporters.


Lafe further announced that the president had also set June 25 as the date for the by-mayoral elections in the western town of Kavaja, which failed to be held on May 7.


Local media reported Sunday that the Parliament will meet in an extraordinary session on Monday to vote the presidential decree on dismissal and appointment of the Deputy Prime Minister and six ministers as part of a new cabinet reshuffle under this week's political accord.


The agenda of the plenary session will include discussion and voting on issues for the implementation of the Political Agreement that was struck by Rama and Basha on May 18 as a way to end the three-month political deadlock in the country.


Weekly choices of Xinhua photos (May 15 - May 21)


Scenery of Mt. Qomolangma on border of China, Nepal


Pigs raising cooperative founded in Yunnan to alleviate poverty


People take part in anti-U.S. pro.
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