The “digital citizen” will probably be accessible on December 5, the President stated on the 2nd Greek Cypriot Convention
On December 5, the “digital citizen” will probably be accessible with the chance to initially situation and retailer an id card, driver's license and car suitability certificates, introduced the President of the Republic, Nikos Christodoulidis, on the 2nd Greek Cypriot Convention, on Wednesday morning in Nicosia , organized by Boussias Cyprus in collaboration with Make investments Cyprus, and is below the patronage of the Republic of Cyprus and Ministry of Overseas Affairs of Greece.
For his half, the Prime Minister of Greece, Kyriakos Mitsotakis, said in his greeting that “we search to deepen the footprint of our two states within the worldwide surroundings, with the goal of creating a powerful, nationwide enterprise pole in Jap Europe”, and added that on this context there are apparent synergies between the 2 economies, with a car of their geostrategic place, interconnection networks, which develop into a precedence for the Europe.
In his greeting, the President of the Republic referred to the Cyprus-Greece synergies, within the context of the second Intergovernmental Summit of the 2 international locations, which is being held on Wednesday in Cyprus, noting that in its context the cooperation of the 2 international locations in labor issues will probably be expanded, in environmental points, analysis and innovation.
As he stated, the aim of Inter-Authorities is the problems of inside governance, which contact on on a regular basis problems with the citizen. He famous that the joint initiative of intergovernmental cooperation has upgraded the cooperation of the 2 international locations, enriching the agenda on a extra strategic foundation, transferring away from the dialogue solely on nationwide points.
He recalled that because of the first Intergovernmental Assembly, 10 Memorandums of Cooperation have been signed in varied fields, that are being applied of their entirety. “Within the context of the 2nd Inter-Governmental Assembly, we’re additional increasing cooperation in labor issues, the surroundings, analysis and innovation”, dealing with widespread challenges between Greece and Cyprus, he stated. “For our Governments, the need to strengthen the cooperation framework is evident, making full use of our potential as two EU member states, and the wonderful relations we keep with neighboring states”, he underlined.
He added that entrepreneurship, commerce, investments are the essential sources for the event, innovation, prosperity and competitiveness of our international locations, noting the necessity for particular actions, after the dialogue of the Draghi report.
President Christodoulidis famous that the wonderful cooperation of Cypriot-Greece businessmen is a shining instance of what we are able to obtain once we use our widespread values and the comparative benefits now we have, stating that new concepts and long-term partnerships will be born from immediately's convention. On this context, he famous, the biggest funding in Cyprus was just lately made by Greece, with over 1 billion. euros, stating that that is indicative of how we are able to profit by becoming a member of forces.
“Cyprus and Greece are two wholesome and steady economies and pillars of stability within the wider Center East,” added the President, stating that the 2 international locations have a novel mixture of benefits to draw funding and high quality jobs. Reiterating the intention to make Cyprus among the best locations to reside, work and do enterprise, he famous the 2 instructions during which the Authorities is transferring: to create a steady and wholesome fiscal framework, and to provide the enterprise group the required provides to compete within the worldwide market.
On this context, he stated, the three pillars with which the Authorities stands are fiscal duty, a steady and powerful monetary surroundings, and steady and daring reforms.
Referring to the symptoms of the Cypriot economic system, he famous that in 2024 Cyprus is predicted to have the third highest development fee within the Eurozone, at roughly 3.8%. The unemployment fee within the first half of the 12 months is close to full employment at 5.2% for the primary time since 2009, and is predicted to fall under 5% by 2025.
As well as, he referred to the deceleration of inflation anticipated for 2024 to 2%, in comparison with 3.5% in 2023 but additionally to the numerous major price range surplus of three.9% for 2024 and the outstanding discount in public debt, which on the finish Q2 2024 noticed the largest drop within the EU in comparison with the primary quarter, at 69% GDP, aiming to be under 60% of GDP by 2026.
He added that the constructive course of the economic system is mirrored within the successive upgrades of the score businesses, with the latest being the double improve by Moody's, which upgraded Cyprus to the A3 degree after 13 years.
“The upgrades are a vote of confidence for the Cypriot economic system and the insurance policies we observe,” he stated, noting that we’re proud to have one of many highest development charges within the EU, whereas he talked about that the above is going on between two wars, with one in our area and with the economies of the highly effective EU member states dealing with very critical challenges.
President Christodoulidis identified that the improve paves the way in which for vital prospects and for the implementation of a focused social coverage, in well being, training, and social advantages. As he famous, the advantages of the improve translate into attracting high quality funding, high quality jobs, decrease rates of interest, elevated financial stability, job safety, higher wages and new commerce agreements. “A very powerful factor is to extend the usual of residing, creating higher situations for housing, training, well being care,” he identified.
Extra particularly, he referred to technological and digital upgrading, as a decisive issue for the competitiveness of the economic system. As he stated, within the space of digitization of presidency providers there was an enchancment of 16.3%, above the EU common (3.1%). This, he stated, displays the rising variety of digital providers to residents and companies, and he thanked the Greek Prime Minister for Greece's assist on this space.
He famous that the digital citizen software was developed collectively with Greece, following the signing of a related settlement. He introduced that the appliance in Cyprus will probably be accessible from December 5 for the issuance and storage of id card, driver's license and car health certificates, whereas further paperwork and certificates will probably be accessible thereafter. As he stated, within the context of the second Intergovernmental Summit, the interconnection of the respective functions in Cyprus and Greece will probably be promoted, which he characterised as a “tangible results of the cooperation with a constructive influence on the day by day lifetime of the residents”.
For his half, the Prime Minister of Greece, Kyriakos Mitsotakis, referred to the second Intergovernmental Summit of Greece and Cyprus, characterizing it as a “essential establishment” that permits the event of a framework of normal cooperation, which inside a 12 months has led to vital measurable outcomes to the good thing about each Cyprus and Greece.
He famous that previously the curiosity within the relations between the 2 states was monopolized by the nationwide points and geopolitical challenges of the 2 international locations. “Now now we have developed a cooperation framework worthy of the brotherly relations of the 2 states,” he stated, additionally giving for example the digital cooperation of the 2 states.
“The superb degree of Greek-Cypriot relations can also be mirrored within the financial area”, he famous, mentioning, furthermore, that Cyprus has at all times been one in every of Greece's most vital commerce and funding companions and vice versa.
Mr. Mitsotakis expressed his admiration for the efficiency of the Cypriot economic system, saying they’re “enviable”. He famous that Cyprus confronted the good monetary disaster of the final decade with higher duty and a way of self-awareness than Greece. “Sadly, we experimented with populism, misplaced at the least 5 years, paid for an pointless third memorandum and solely after 2019 did we begin implementing a coverage that hopefully exhibits measurable outcomes,” he stated.
The Greek Prime Minister stated that in recent times bilateral commerce and direct investments have registered a gentle upward pattern, whereas the margins are even larger and extra promising, as he stated. “On the similar time, we search to deepen the footprint of our two states within the worldwide surroundings, with the goal of creating a powerful, nationwide enterprise pole in Jap Europe”, he stated, and added that on this context there are apparent synergies between the 2 economies, with the car of their geostrategic place, the interconnection networks, which have gotten a precedence for Europe.
He famous that Cyprus's place on the world map has modified, as its economic system is among the many quickest rising within the EU. “All the things helps the evaluation that entrepreneurship in Cyprus will probably be many instances its measurement”, he underlined.
On a parallel path, he stated that Greece is rearranging its personal structure of its economic system. “We now have regained funding grade, and we’re protagonists in European development charges, now we have managed to cut back unemployment to single-digit percentages, now we have recorded the biggest discount in public debt within the OECD over time, we’re gaining the belief of worldwide markets,” he stated.
He famous that fiscal duty is a non-negotiable precedence of the Authorities's financial coverage. “It’s exactly this fiscal duty that has made Greece credible, and allowed us to draw document international funding and mobilize home funding to cut back the funding hole that separated us from the EU common,” he stated.
“We wish Cypriot companies, we would like Cypriot funds concerned on this nice effort to rebuild the Greek economic system. There are all of the situations for Greek dynamism and Cypriot creativity to satisfy in partnerships that may face vital regional in addition to world challenges”, he added, referring to synergies within the fields of vitality, delivery, tourism, manufacturing commerce, and expertise. the place synthetic intelligence presents large alternatives, but additionally large challenges, he stated.
As well as, Mr. Mitsotakis famous that in Greece the technique for synthetic intelligence was just lately accomplished, which identifies the nation's priorities, so as to have the ability to use the advantages, to enhance the productiveness of the general public sector, and the institution of an ecosystem of companies with functions of synthetic intelligence from the southeast Europe but additionally the delineation of a normative regulatory framework with incentives and safety of residents from the detrimental results of synthetic intelligence.
Lastly, he stated that Greece and Cyprus can play a number one function in developments within the EU “and never solely focus on nationwide priorities. It is a nice conquest that now we have achieved that strengthens the status of Hellenism as a complete”, he underlined.
Supply: KYPE