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Cyprus News Agency: News in English (AM), 99-05-13

Cyprus News Agency: News in English Directory - Previous Article - Next Article

From: The Cyprus News Agency at <http://www.cyna.org.cy>


CONTENTS

  • [01] Cyprus - US - Measures against Yugoslavia
  • [02] Cyprus Stock Exchange

  • 0920:CYPPRESS:01

    [01] Cyprus - US - Measures against Yugoslavia

    Nicosia, May 13 (CNA) -- The US has welcomed a decision by the Cyprus government to align itself as far as possible with additional measures the European Union intends to implement against Yugoslavia.

    Asked yesterday if Cyprus is violating the oil embargo as a non EU member, US State Department spokesman James Rubin said "I would have to check that, but we do welcome the decision of Cyprus to join the consensus of countries in Europe who are not allowing that to happen."

    Rubin said the US has "also approached several other countries to adhere voluntarily to the embargo."

    Announcing the Cyprus government decision on Wednesday, its spokesman Costas Serezis explained that the issues under the competency of the cabinet would be examined and look into others which might require legislation.

    The EU measures include a ban on visits by some 300 Yugoslav politicians to states aligning themselves with the decision, a freeze on funds held by Yugoslav and Serbian officials and a ban on providing private sector export finance to Yugoslavia.

    CNA MA/GP/1999
    ENDS, CYPRUS NEWS AGENCY
    1400: CYPPRESS:02

    [02] Cyprus Stock Exchange

    Nicosia, May 13 (CNA) -- The Cyprus Stock Exchange (CSE) All Share Index closed at today's stock exchange meeting as follows:
          CSE General Index                         132.46 (-0.38)
    
          Traded Value            CYP  6,395,287
    
          Sectural Indices
    
          Banks                   CYP 3,860,052     174.66 (-0.64)
          Approved Investment
          Companies               CYP   143,833      73.32 ( 0.48)
          Insurance Companies     CYP   126,733      74.90 ( 5.17)
          Manufacturing Companies CYP   104,540      88.61 (-0.81)
          Tourism Companies       CYP   457,786      95.64 (-0.86)
          Trading Companies       CYP    87,638      49.79 ( 0.14)
          Other Companies         CYP   150,030      87.01 ( 0.07)
    
    The third column presents the percentage variation of the indices as compared to the last meeting.

    CNA MCH/1999
    ENDS, CYPRUS NEWS AGENCY
    CNA ENDS
    Cyprus News Agency: News in English Directory - Previous Article - Next Article
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