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Cyprus News Agency: News in English (PM), 99-12-01

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

From: The Cyprus News Agency at <>


  • [01] Cyprus Stock Exchange
  • [02] Council - Taxpayers - Appeals
  • [03] Cyprus Airways - Unions - No strike
  • [04] Presidents - Euro Parliament - Anastasiades
  • [05] Cyprus - Middle East - UN
  • [06] Defence Minister - Visit - Moscow
  • [07] Greek Cypriot - Illegal "detention" - UNFICYP

  • 1505:CYPPRESS:01

    [01] Cyprus Stock Exchange

    Nicosia, Dec 01 CNA) -- The Cyprus Stock Exchange (CSE) All Share Index closed at today's stock exchange meeting as follows:
          CSE General Index                         843.68 (-0.50)
          Traded Value            CYP 32,319,292
          Sectural Indices
          Banks                   CYP11,875,679     881.05 ( -1.04)
          Approved Investment
          Companies               CYP 4,647,218     799.94 (  1.05)
          Insurance Companies     CYP 3,077,083     490.69 (  7.76)
          Manufacturing Companies CYP 2,013,069     386.30 ( -4.05)
          Tourism Companies       CYP 4,340,732   1,020.36 (  2.26)
          Trading Companies       CYP               510.87 (  0.00)
          Other Companies         CYP 4,164,042     981.12 ( -1.13)
    The third column presents the percentage variation of the indices as compared to the last meeting.

    CNA EC/1999

    [02] Council - Taxpayers - Appeals

    Nicosia, Dec 1 (CNA) -- Cyprus Finance Minister Takis Klerides today opened the state-run Council which will be responsible for examining taxpayers' appeals against the authorities on tax-related issues.

    Speaking at the opening ceremony Klerides said the body will help all citizens feel that they can find justice and bring them "closer to the state".

    CNA GG/GP/1999

    [03] Cyprus Airways - Unions - No strike

    Nicosia, Dec 1 (CNA) -- Trade unions representing Cyprus Airways workers have called off a strike scheduled for December 11 after the company undertook to submit a proposal aimed at solving problems and differences.

    The company issued a statement welcoming the decision, adding that they "responded positively to an appeal by the company's new chairman, Haris Loizides".

    In a statement, the three trade unions SINIKA, SIDIKEK, ASISEKA say that they met today with Loizides who promised that a proposal tackling workers' demands for pay rises would be drawn up.

    The workers had decided to go on strike to promote their demand for the implementation of their collective agreement, ending 1997, which included 2,5% pay rises for 1997.

    CNA RG/EC/1999

    [04] Presidents - Euro Parliament - Anastasiades

    Brussels, Dec 1 (CNA) -- The European Parliament supports a proposal by the Commission that the European Union "should be ready for enlargement by the year 2002."

    The position is included in the conclusions of the meeting of the President of the European Parliament with the Presidents of the parliaments of the countries participating in the enlargement process, which took place in Brussels between November 30 - December 1.

    CNA NB/EC/RG/1999

    [05] Cyprus - Middle East - UN

    Nicosia, Dec 1 (CNA) -- Cyprus' Permanent Representative at the UN, Sotos Zackheos, said the new impetus in the Middle East peace process demonstrates that intractable conflicts can be resolved and this could be true in the case of Cyprus.

    Addressing yesterday the debate on the situation in the Middle East during the 54th session of the UN General Assembly, Zackheos reiterated Cyprus' commitment to play a "part in a practical way to the enhancement of the peace process".

    CNA EC/RG/1999

    [06] Defence Minister - Visit - Moscow

    Nicosia, Dec 1 (CNA) -- Minister of Defence Socrates Hasikos leaves tomorrow for Moscow for a five day visit at the invitation of his Russian counterpart Igor Sergeyev.

    During his visit to the Russian capital, Hasikos and Sergeyev will sign a protocol of cooperation between the two countries.

    He will also meet with Russian Minister of Trade Mikhail Fradkov. It is believed that Hasikos' visit "will contribute in promoting the existing friendly relations between the two countries and will provide the opportunity for Cyprus to stress once again that its main objective is the solution of its political problem through peaceful means and that under no circumstances efforts in the defence sector are an end in itself", an official statement said here Wednesday.

    "For this reason President Glafcos Clerides' proposal for demilitarisation of the island still stands", the statement concluded.

    Cyprus has been divided since 1974 when Turkish troops invaded and occupied 37 per cent of the island's territory.

    CNA RM/EC/1999

    [07] Greek Cypriot - Illegal "detention" - UNFICYP

    Nicosia, Dec, 1 (CNA) -- An illegal "court" in the Turkish occupied north of Cyprus ordered a two day "remand order" against a Greek Cypriot, illegally apprehended by the Turkish occupation forces.

    Argyris Roussou, 65, from the Aglantza suburb of Nicosia was apprehended yesterday by the illegal Turkish authorities when he drove into the Turkish occupied areas of Cyprus from the village of Lympia, south-east of the capital Nicosia.

    CNA RM/EC/1999
    Cyprus News Agency: News in English Directory - Previous Article - Next Article
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