Last week Turkey said it had scrambled military jets to intercept an Israeli plane that violated "northern Cypriot airspace" and demanded an explanation for the incursion.
FAMAGUSTA GAZETTE
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UN Ambassador Nicholas Emiliou has denounced new Turkish violations of Cyprus national airspace between 1 and 31 March 2012.

The Permanent Representative expressed the Republic’s strong protest calling Turkey to stop these activities immediately. (more)
 
The Cypriot President held a tete- a - tete meeting with the Austrian President, followed by extended talks with the participation of delegations from both countries.
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The Cyprus issue, the crisis in the eurozone, European and international issues, as well as Cyprus’ presidency of the EU Council of Ministers, were among the issues discussed between President of the Republic Demetris Christofias and his Austrian counterpart Heinz Fischer in Vienna. (more)
 
FAMAGUSTA GAZETTE
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Austrian President Heinz Fischer has expressed the conviction that President of the Republic of Cyprus Demetris Christofias will never abandon his goal to find a settlement of the Cyprus problem, even if this goal seems to be unattainable for the time being. (more)
 
He added that the government will not follow Turkey in its effort to culminate the effort to create a climate of tension and underlined that Turkey remains exposed internationally.
FAMAGUSTA GAZETTE
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The Cyprus government has dismissed news reports published by Anadolu news agency, claiming that Cyprus and Israel have concluded an agreement providing for the deployment of thousands of Israeli soldiers in Cyprus. (more)
 
FAMAGUSTA GAZETTE
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The two World Wars will be the subject of a symposium organized by the House of Representatives on Wednesday, with the participation of veterans, survivors and academics from Cyprus and Greece. (more)
 
At the same time, the agency has downgraded BOC's and HB's Viability Rating (VR) to 'b-' from 'bb-' and CPB's to 'f' from 'b-'.
Fitch Ratings Agency has taken negative rating actions on Cypriot banks ratings endorsement policy.

According to Fitch Ratings, it has placed Bank of Cyprus (BOC), Cyprus Popular Bank (CPB) and Hellenic Bank's (HB) Long-term Issuer Default Ratings (IDRs) and Support Rating Floors (SRFs) of 'BB+' and Support Ratings of '3' on Rating Watch Negative (RWN). (more)
 
FAMAGUSTA GAZETTE
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Cyprus Union of Bank Employees (ETYK) has expressed its disappointment over a bill that was approved by the House of Representatives last Thursday as regards Cyprus Popular Bank’s recapitalization. (more)
 
FAMAGUSTA GAZETTE
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Cypriot wines and other Cyprus products were on display yesterday at a special kiosk at the European Parliament in Strasburg during the annual event ''European Parliament-Open doors''. (more)
 
Netanyahu reportedly offered to undertake all of the expenses required to construct a gas plant needed to extract the natural gas found in the Mediterranean Sea.
FAMAGUSTA GAZETTE
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YNEY reports that Israel plans to deploy 20,000 commandos in Cyprus in order to "protect its energy projects in the region", citing the Anatolia news agency.

According to the report, Prime Minister Benjamin Netanyahu and his President Demetris Christofias, met in February in order to discuss the two countries' joint ventures. (more)
 
 •Cyprus deplores Turkish threats as unacceptable
 •House President: Turkish positions lead Cyprus talks to stalemate
 •Child Protection, top priority for Cyprus’ EU Presidency, says Minister
 •Bee Gees' singer Robin Gibb dies
 •Co-op Banks assume crucial role in times of financial crisis
 •Greek Foreign Ministry denounces Turkish threats against Cyprus
 •Schulz to discuss threats over Cyprus’ EEZ with Turkish leadership
 •Obama: Eurozone 'must focus on jobs and growth'
 •President Christofias to pay official visit to Austria
 •President: Ahead with second licensing round, despite threats from Ankara
 •Omirou: Cyprus to seek recourse at UNSC regarding Turkish threats
 •Eurozone to top agenda at G8's Camp David meeting
 •Government’s deficit falls by 0.8% of GDP in first quarter of 2012
 •Cyprus hits back at Turkey's drilling threats
 •FinMin: bill on CPB rescue allows options apart from EU bailout
 •President expresses optimism about future of Cyprus economy
 •MPs brief their Dutch counterparts on Cyprus Presidency priorities
 •Turkish threat to companies bidding for Cyprus energy contracts
 •Cyprus Popular Bank chief grilled on BBC Hardtalk (watch the broadcast)
 •Cyprus parliament approves bill for state backing to Popular Bank
 •EU bureaucrats look forward to lavish food
 •UN SG briefs Barroso on Cyprus issue developments
 •Turkey will bypass Cyprus with EU 'positive agenda' talks
 •Comment: Russia and the Cyprus gambit
 •Cyprus International Fair opens its doors
 
 


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