Movement for Social Democracy

The Cyprus Parliament voted against two non-government bills about borrowers' rights last Thursday, which disregarded warnings from the government and the Central Bank about potential threats to the stability of the financial sector.

The House voted this week to scrap the Cyprus Tourism Organisation (CTO), essentially transferring tourism responsibilities from a large bureaucracy to a leaner structure to boost flexibility and competitiveness.

The Cypriot Parliament has passed legislation aimed at providing state guarantees to Hellenic Bank in its acquisition of Cyprus Cooperative Bank's healthy portfolio.

The President of the Republic Nikos Anastasiades will be accompanied by the leaders of the parliamentary political parties in the UN-facilitated negotiations in Crans-Montana, Switzerland, Deputy Government Spokesman Victoras Papadopoulos has said.

Recent news reports indicate that Greek Foreign Minister Nicos Kotzias sent a letter on April 7 to U.N. Secretary-General António Guterres in which he sharply criticized Espen Barth Eide, the U.N. chief's special adviser on Cyprus, accusing him, inter alia, of acting to promote the interests of the Turkish side.

Was it indeed an effort aimed at arresting the decline in the share of his Movement for Social Democracy's (EDEK) votes or was he really concerned about the Cyprus talks process?

An allegory by Christos Michaelides, the chairman of the Greek Cyprus? top business body, who told Hürriyet Daily News that the divided island can become to Turkey what Hong Kong is to China if peace is achieved, has sparked controversy and criticism.