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Cyprus News Agency: News in English (PM), 99-11-24

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 Stock Exchange
  • [02] Spokesman - New York talks
  • [03] Greek Foreign Minister - Visit
  • [04] Papapetrou - Shroeder
  • [05] Finance Minister - Tax - Stock Exchange

  • 1420:CYPPRESS:01

    [01] Cyprus Stock Exchange

    Nicosia, Nov 24 (CNA) -- The Cyprus Stock Exchange (CSE) All Share Index closed at today's stock exchange meeting as follows:
          CSE General Index                         796.30 (-0.28)
    
          Traded Value            CYP 21,546,306
    
          Sectural Indices
    
          Banks                   CYP    55,138     835.83 (  0.00)
          Approved Investment
          Companies               CYP 4,645,686     712.69 ( -1.34)
          Insurance Companies     CYP   318,590     417.82 (  0.54)
          Manufacturing Companies CYP   761,997     362.34 ( -2.56)
          Tourism Companies       CYP 7,486,663     967.55 ( -0.15)
          Trading Companies       CYP               510.87 (  0.00)
          Other Companies         CYP 7,206,323     924.33 ( -0.31)
    
    The third column presents the percentage variation of the indices as compared to the last meeting.

    CNA MM/1999
    1845:CYPPRESS:02

    [02] Spokesman - New York talks

    Nicosia, Nov 24 (CNA) -- Government Spokesman Michalis Papapetrou said today proximity talks on the Cyprus problem would be on the substance of the problem and the Greek Cypriot side is preparing on the four issues of security, territory, separation of powers and property, as requested by the UN Secretary General.

    Commenting on statements by Turkish President Suleyman Demirel that an imposed Cyprus settlement would bring Greece and Turkey on opposite sides, Papapetrou said "the object is to find an agreed solution" which would end the friction between the two countries.

    CNA RG/MCH/MM/1999
    ENDS, CYPRUS NEWS AGENCY
    1900:CYPPRESS:03

    [03] Greek Foreign Minister - Visit

    Nicosia, Nov 24 (CNA) -- Greek Foreign Minister George Papandreou arrives here tomorrow on a two-day visit for meetings with the island's political leadership, a week before UN-sponsored proximity talks start in New York and ahead of the European Union Summit in Helsinki.

    On Friday Papandreou will be received by President Glafcos Clerides and is scheduled to meet President of the House of Representatives Spyros Kyprianou.

    CNA MCH/MM/1999
    ENDS, CYPRUS NEWS AGENCY
    1910:CYPPRESS:04

    [04] Papapetrou - Shroeder

    Nicosia, Nov 24 (CNA) -- Government Spokesman Michalis Papapetrou said Cyprus does not oppose Turkey's European aspirations as long as it complies with terms set out by the European Union, which all candidate countries are expected to comply with.

    Commenting on statements by German Chancellor Gerhard Shroeder expressing his country's wish that Turkey becomes a candidate for EU accession, Papapetrou said "Cyprus does not object to this but believes Turkey cannot be the exception".

    CNA RG/MCH/MM/1999
    ENDS, CYPRUS NEWS AGENCY
    2010:CYPPRESS:05

    [05] Finance Minister - Tax - Stock Exchange

    Nicosia, Nov 24 (CNA) -- The government will table a bill tomorrow to the House of Representatives providing for one per cent tax on transactions at the Stock Exchange, to be paid by the person selling shares, Finance Minister Takis Klerides said after today's cabinet meeting.

    He said the bill, approved by the cabinet today, is set to bring in some 50-55 million Cyprus pounds annually, if the average daily volume of transactions at the Stock Exchange is around 20 million. (One Cyprus pounds is about two US dollars).

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