**Full Week of Cyprus Problem Talks in New York**
President Nikos Christodoulides is currently in New York for a week of discussions centered on the long-standing Cyprus issue, coinciding with the United Nations General Assembly. During a meeting with members of the Federation of Cypriot American Organisations on Sunday evening, he expressed optimism about potential "important developments" regarding the resumption of UN-led negotiations aimed at reaching a settlement for Cyprus.
Christodoulides acknowledged that while there may be skepticism among the public in Cyprus regarding the outcomes of this week’s meetings, he plans to provide a comprehensive assessment of the discussions and their results by Friday evening. He emphasized that the Cyprus problem will be a focal point throughout his engagements during the assembly.
In addition to addressing the Cyprus issue, the president highlighted the positive trajectory of the Cypriot economy, noting that Cyprus has regained recognition in the United States for its proactive initiatives in the region. He pointed to several key achievements, including the country’s upcoming presidency of the European Union in the first half of 2026 and its recent upgrade to an A rating by Standard & Poor’s, marking the first time since 2011 that Cyprus has reached this level.
Christodoulides also discussed the economic stability of Cyprus, stating that despite global challenges, including two ongoing wars, the Cypriot economy is experiencing growth. He reported a significant reduction in public debt, which has decreased from approximately 80% of GDP to around 48% of GDP, with a continuing downward trend. The president also noted that Cyprus has maintained public surpluses and has achieved full employment conditions since 2008, with current unemployment rates hovering around 3.6% to 3.7%.
Looking ahead, Christodoulides revealed plans to return to the United States in November to participate in a Financial Times conference focused on Cyprus. He aims to attract further American investments and engage with companies interested in exploring opportunities in Cyprus. He hinted at forthcoming announcements regarding new investments from major American corporations, which he believes will bolster the Cypriot economy.
In discussing immigration, Christodoulides described Cyprus as a model country, highlighting a significant reduction in arrivals of over 90% and an increase in returns of more than 85%. This reflects the government's efforts to manage immigration effectively while maintaining the integrity of the country’s borders.
As the week progresses, all eyes will be on the discussions taking place in New York, with hopes that they will pave the way for renewed dialogue and progress on the Cyprus problem, alongside fostering economic growth through enhanced American investments.