Archive for the ‘Cyprus’ Category
Energy cooperation between Cyprus and Israel. New era for the relation and cooperation levels of the two countries
Israeli Prime Minister Benjamin Netanyahu said that important perspectives will occur through the cooperation between Cyprus and Israel in the hydrocarbon sector, during the joint press conference with President of Cyprus, Mr Demetris Christofias.
Mr. Netanyahu emphasized the need of cooperation, stating that this can be very helpful in the future because, as he pointed out, the research and the cooperation on multiple sectors at once is much more useful and efficient than working and investigating one sector at a time. He also pointed out that the outlook of this cooperation can positively affect the welfare of Cyprus and of the wider region as well.
In addition, Mr. Netanyahu noted that despite the fact that the flight from Israel to Cyprus takes only 45 minutes, “it took 63 years for an Israeli Prime talked about the strong bonds and Minister to visit the island.” He also talked about the strong bonds and relationship between the people of the two countries and how this relationship has developed during the last few years. He emphasized the need and importance of continuing and extending this cooperation in other areas as well as the energy sector.
Mr. Netanyahu thanked President Demetris Christofias for the hospitality and he expressed the hope that he will be able to fill in, in the future the gap of the 63 years which took for an Israeli Prime Minister to visit Cyprus.
On the other hand, President Demetris Christofias said that both Cyprus and Israel will work effectively aiming to use the hydrocarbon reserves which have been officially confirmed within the Exclusive Economic Zones of the two countries, aiming at the welfare of both the people of Cyprus and Israel.
The President of Cyprus noted that “contacts are already in progress in order to discuss the perspective plans” which he wished to “lead in the near future to concrete suggestions for promoting the bilateral agreements between the two countries.”
Referring to the first visit of an Israeli Prime Minister in Cyprus, President Christofias said that such a visit confirms the strong and high-level relationship between the two countries.
In relation to the signing of a bilateral agreement regarding the sectors of research and rescue services, President Christofias said that it is a tangible confirmation of the increased level of cooperation and development of this cooperation level with Israel.
Cyprus Company Formation Multilysis Services Limited
Cyprus Lawyers N. Pirilides & Associates LLC
New low cost airline company announces its base at the International Airport of Paphos in Cyprus
On the 10th of January 2012, another low cost airline announced that it welcomes its new base at the international airport of Paphos in order to carry out flights to and from Cyprus starting on the April of 2012.
The company will conduct 80 flights per week to 14 new routes such as Chania, Thessaloniki, Milan, London, Stockholm, Rome, Krakow, Frankfurt Hahn, Oslo and elsewhere. In addition, it is expected that the airline will deliver over 600,000 passengers per year and this base will sustain over 600 jobs. This base will effectively promote the tourist industry of Cyprus, making the travelling to and from Cyprus much easier, cheaper and it will make flights more frequent.
As Alfred Van der Meer, the Chief Executive of Hermes Airport Group in Cyprus said during the press conference: “this is a great vote of confidence in the potential of both the airport and our region.”
Cyprus Corporate Services Multilysis Services Limited
Cyprus Lawyers N. Pirilides & Associates LLC
New low cost airline company announces its base at the International Airport of Paphos in Cyprus
On the 10th of January 2012, another low cost airline announced that it welcomes its new base at the international airport of Paphos in order to carry out flights to and from Cyprus starting on the April of 2012.
The company will conduct 80 flights per week to 14 new routes such as Chania, Thessaloniki, Milan, London, Stockholm, Rome, Krakow, Frankfurt Hahn, Oslo and elsewhere. In addition, it is expected that the airline will deliver over 600,000 passengers per year and this base will sustain over 600 jobs. This base will effectively promote the tourist industry of Cyprus, making the travelling to and from Cyprus much easier, cheaper and it will make flights more frequent.
As Alfred Van der Meer, the Chief Executive of Hermes Airport Group in Cyprus said during the press conference: “this is a great vote of confidence in the potential of both the airport and our region.”
Cyprus Corporate Services Multilysis Services Limited
Cyprus Lawyers N. Pirilides & Associates LLC


