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Cyprus News Agency: News in English (PM), 00-02-16
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<p class=MsoPlainText><span style='mso-fareast-font-family:"MS
Mincho"'><PRE><o:p></o:p></span>
<p class=MsoPlainText><span style='mso-fareast-font-family:"MS
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<p class=MsoPlainText><span style='mso-fareast-font-family:"MS
Mincho"'><H3>CONTENTS</HE><o:p></o:p></span>
<p class=MsoPlainText><span style='mso-fareast-font-family:"MS
Mincho"'><![if !supportEmptyParas]> <![endif]><o:p></o:p></span>
<p class=MsoPlainText><span style='mso-fareast-font-family:"MS
Mincho"'><span style="mso-spacerun: yes"> </span>(01) Cabinet - Oil
price<o:p></o:p></span>
<p class=MsoPlainText><span style='mso-fareast-font-family:"MS
Mincho"'><span style="mso-spacerun: yes"> </span>(02) OEB - Conference of
Employers and Industrialists <o:p></o:p></span>
<p class=MsoPlainText><span style='mso-fareast-font-family:"MS
Mincho"'><span style="mso-spacerun: yes"> </span>(03) Cyprus Stock
Exchange<o:p></o:p></span>
<p class=MsoPlainText><span style='mso-fareast-font-family:"MS
Mincho"'><span style="mso-spacerun: yes"> </span>(04) European Parliament -
Cyprus<o:p></o:p></span>
<p class=MsoPlainText><span style='mso-fareast-font-family:"MS
Mincho"'><![if !supportEmptyParas]> <![endif]><o:p></o:p></span>
<p class=MsoPlainText><span style='mso-fareast-font-family:"MS
Mincho"'></P><o:p></o:p></span>
<p class=MsoPlainText><span style='mso-fareast-font-family:"MS
Mincho"'><![if !supportEmptyParas]> <![endif]><o:p></o:p></span>
<p class=MsoPlainText><span style='mso-fareast-font-family:"MS
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<p class=MsoPlainText><span style='mso-fareast-font-family:"MS
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<p class=MsoPlainText><span style='mso-fareast-font-family:"MS
Mincho"'>1600:CYPPRESS:01<o:p></o:p></span>
<p class=MsoPlainText><span style='mso-fareast-font-family:"MS
Mincho"'>Cabinet - Oil price<o:p></o:p></span>
<p class=MsoPlainText><span style='mso-fareast-font-family:"MS
Mincho"'><span style='mso-tab-count:1'> </span>Nicosia,<span
style="mso-spacerun: yes"> </span>Feb 16 (CNA) - The cabinet postponed
today a decision on a possible increase in the price of crude oil until its
next meeting, Wednesday, after consultations with the political parties,
Commerce, Industry and Tourism Minister Nicos Rolandis said here
today.<o:p></o:p></span>
<p class=MsoPlainText><span style='mso-fareast-font-family:"MS
Mincho"'><span style='mso-tab-count:1'> </span>Speaking after today's
cabinet meeting, Rolandis said ministers had an in depth discussion on the
matter and specifically the three proposals put before the body, a price
rise, covering the price increase with funds from taxation on consumption
or finding a solution combining the first two suggestions.<o:p></o:p></span>
<p class=MsoPlainText><span style='mso-fareast-font-family:"MS
Mincho"'><span style="mso-spacerun: yes"> </span>CNA MK/MM/EC/2000<o:p></o:p></span>
<p class=MsoPlainText><span style='mso-fareast-font-family:"MS
Mincho"'><![if !supportEmptyParas]> <![endif]><o:p></o:p></span>
<p class=MsoPlainText><span style='mso-fareast-font-family:"MS
Mincho"'>1600:CYPPRESS:02<o:p></o:p></span>
<p class=MsoPlainText><span style='mso-fareast-font-family:"MS Mincho"'>OEB
- Conference of Employers and Industrialists<o:p></o:p></span>
<p class=MsoPlainText><span style='mso-fareast-font-family:"MS
Mincho"'><span style='mso-tab-count:1'> </span>Nicosia, Feb 16 (CNA) -
The 4th Round Table Conference of Employers and Industrialists'
organisations of European Union (EU) member states and states applicant for
accession to the EU will be organised here at the initiative of the Cyprus
Employers and Industrialists Federation (OEB).<o:p></o:p></span>
<p class=MsoPlainText><span style='mso-fareast-font-family:"MS
Mincho"'><span style='mso-tab-count:1'> </span>OEB Chairman Andreas
Pittas said the conference will take place May 22 - 23 with the
participation of Greek Commissioner Anna Dimantopoulou, senior members of
the relevant EU directorate and the ILO as well as relevant organisations
from 28 European countries.<o:p></o:p></span>
<p class=MsoPlainText><span style='mso-fareast-font-family:"MS Mincho"'>CNA
MCH/EC/2000<o:p></o:p></span>
<p class=MsoPlainText><span style='mso-fareast-font-family:"MS
Mincho"'><![if !supportEmptyParas]> <![endif]><o:p></o:p></span>
<p class=MsoPlainText><span style='mso-fareast-font-family:"MS
Mincho"'>1600:CYPPRESS:03<o:p></o:p></span>
<p class=MsoPlainText><span style='mso-fareast-font-family:"MS
Mincho"'>Cyprus Stock Exchange<o:p></o:p></span>
<p class=MsoPlainText><span style='mso-fareast-font-family:"MS
Mincho"'><span style="mso-spacerun: yes"> </span>Nicosia, Feb 16 CNA) --
The Cyprus Stock Exchange (CSE)<o:p></o:p></span>
<p class=MsoPlainText><span style='mso-fareast-font-family:"MS
Mincho"'><span style="mso-spacerun: yes"> </span>All Share Index closed
at today's stock exchange meeting as<o:p></o:p></span>
<p class=MsoPlainText><span style='mso-fareast-font-family:"MS
Mincho"'><span style="mso-spacerun: yes"> </span>follows:<o:p></o:p></span>
<p class=MsoPlainText><span style='mso-fareast-font-family:"MS
Mincho"'><![if !supportEmptyParas]> <![endif]><o:p></o:p></span>
<p class=MsoPlainText><span style='mso-fareast-font-family:"MS
Mincho"'><span style="mso-spacerun: yes"> </span>CSE General Index<span
style="mso-spacerun: yes"> </span>648.58 (-
1.33)<o:p></o:p></span>
<p class=MsoPlainText><span style='mso-fareast-font-family:"MS
Mincho"'><![if !supportEmptyParas]> <![endif]><o:p></o:p></span>
<p class=MsoPlainText><span style='mso-fareast-font-family:"MS
Mincho"'><![if !supportEmptyParas]> <![endif]><o:p></o:p></span>
<p class=MsoPlainText><span style='mso-fareast-font-family:"MS
Mincho"'><span style="mso-spacerun: yes"> </span>Traded Value<span
style="mso-spacerun: yes"> </span>CYP 19,362,062<o:p></o:p></span>
<p class=MsoPlainText><span style='mso-fareast-font-family:"MS
Mincho"'><![if !supportEmptyParas]> <![endif]><o:p></o:p></span>
<p class=MsoPlainText><span style='mso-fareast-font-family:"MS
Mincho"'><![if !supportEmptyParas]> <![endif]><o:p></o:p></span>
<p class=MsoPlainText><span style='mso-fareast-font-family:"MS
Mincho"'><span style="mso-spacerun: yes"> </span>Sectural Indices<o:p></o:p></span>
<p class=MsoPlainText><span style='mso-fareast-font-family:"MS
Mincho"'><![if !supportEmptyParas]> <![endif]><o:p></o:p></span>
<p class=MsoPlainText><span style='mso-fareast-font-family:"MS
Mincho"'><span style="mso-spacerun: yes"> </span>Banks<span style="mso-
spacerun: yes"> </span><span style="mso-spacerun: yes"> </span>CYP
6,981,978<span style="mso-spacerun: yes"> </span>768.86 ( -
1.44)<o:p></o:p></span>
<p class=MsoPlainText><span style='mso-fareast-font-family:"MS
Mincho"'><span style="mso-spacerun: yes"> </span>Approved Investment<o:p></o:p></span>
<p class=MsoPlainText><span style='mso-fareast-font-family:"MS
Mincho"'><span style="mso-spacerun: yes"> </span>Companies<span
style="mso-spacerun: yes"> </span>CYP 1,341,415<span
style="mso-spacerun: yes"> </span>508.90 ( -1.30)<o:p></o:p></span>
<p class=MsoPlainText><span style='mso-fareast-font-family:"MS
Mincho"'><span style="mso-spacerun: yes"> </span>Insurance Companies<span
style="mso-spacerun: yes"> </span>CYP 1,052,898<span style="mso-
spacerun: yes"> </span>446.97 ( -0.35)<o:p></o:p></span>
<p class=MsoPlainText><span style='mso-fareast-font-family:"MS
Mincho"'><span style="mso-spacerun: yes"> </span>Manufacturing Companies
CYP 1,064,806<span style="mso-spacerun: yes"> </span>209.03 ( -
1.36)<o:p></o:p></span>
<p class=MsoPlainText><span style='mso-fareast-font-family:"MS
Mincho"'><span style="mso-spacerun: yes"> </span>Tourism Companies<span
style="mso-spacerun: yes"> </span>CYP 1,548,482<span style="mso-
spacerun: yes"> </span>528.81 ( -1.78)<o:p></o:p></span>
<p class=MsoPlainText><span style='mso-fareast-font-family:"MS
Mincho"'><span style="mso-spacerun: yes"> </span>Trading Companies<span
style="mso-spacerun: yes"> </span>CYP 1,662,719<span style="mso-
spacerun: yes"> </span>283.32 ( -0.08)<o:p></o:p></span>
<p class=MsoPlainText><span style='mso-fareast-font-family:"MS
Mincho"'><span style="mso-spacerun: yes"> </span>Other Companies<span
style="mso-spacerun: yes"> </span>CYP 3,812,586<span style="mso-
spacerun: yes"> </span>757.86 ( -1.41)<o:p></o:p></span>
<p class=MsoPlainText><span style='mso-fareast-font-family:"MS
Mincho"'><![if !supportEmptyParas]> <![endif]><o:p></o:p></span>
<p class=MsoPlainText><span style='mso-fareast-font-family:"MS
Mincho"'><span style="mso-spacerun: yes"> </span>* The third
column presents the percentage variation of<o:p></o:p></span>
<p class=MsoPlainText><span style='mso-fareast-font-family:"MS
Mincho"'><span style="mso-spacerun: yes"> </span>the indices as
compared to the last meeting.<o:p></o:p></span>
<p class=MsoPlainText><span style='mso-fareast-font-family:"MS
Mincho"'><span style="mso-spacerun: yes"> </span>CNA EC/2000<o:p></o:p></span>
<p class=MsoPlainText><span style='mso-fareast-font-family:"MS
Mincho"'><![if !supportEmptyParas]> <![endif]><o:p></o:p></span>
<p class=MsoPlainText><span style='mso-fareast-font-family:"MS
Mincho"'><span style="mso-spacerun: yes"> </span>2100:CYPPRESS:04<span
style="mso-spacerun: yes"> </span><o:p></o:p></span>
<p class=MsoPlainText><span style='mso-fareast-font-family:"MS
Mincho"'>European Parliament - Cyprus<o:p></o:p></span>
<p class=MsoPlainText><span style='mso-fareast-font-family:"MS
Mincho"'><span style='mso-tab-count:1'> </span>Brussels,<span
style="mso-spacerun: yes"> </span>Feb 16 (CNA) - The European Parliament
has called on the EU Council to allocate 130 million euros to Cyprus and
Malta as part of their pre-accession strategy and provide extra funds to
help the Greek and Turkish Cypriot communities, divided since the 1974
Turkish invasion, to get closer together.<o:p></o:p></span>
<p class=MsoPlainText><span style='mso-fareast-font-family:"MS
Mincho"'><span style='mso-tab-count:1'> </span>The EU's top official
for enlargement, Gunter Verheugen, told the Parliament he was hopeful that
the Cyprus question may be settled and said direct negotiations between the
two sides could start by this Autumn.<o:p></o:p></span>
<p class=MsoPlainText><span style='mso-fareast-font-family:"MS
Mincho"'><span style="mso-spacerun: yes"> </span>CNA NB/MM/EC/2000<o:p></o:p></span>
<p class=MsoPlainText align=center style='text-align:center'><span
style='mso-fareast-font-family:"MS Mincho"'><![if !supportEmptyParas]> <![endif]><o:p></o:p></span>
<p class=MsoPlainText align=center style='text-align:center'><span
style='mso-fareast-font-family:"MS Mincho"'><![if !supportEmptyParas]> <![endif]><o:p></o:p></span>
<p class=MsoPlainText align=center style='text-align:center'><span
style='mso-fareast-font-family:"MS Mincho"'><![if !supportEmptyParas]> <![endif]><o:p></o:p></span>
<p class=MsoPlainText align=center style='text-align:center'><span
style='mso-fareast-font-family:"MS Mincho"'>C N A<span style="mso-spacerun:
yes"> </span>E N D S<o:p></o:p></span>
<p class=MsoPlainText><span style='mso-fareast-font-family:"MS
Mincho"'><![if !supportEmptyParas]> <![endif]><o:p></o:p></span>
<p class=MsoPlainText><span style='mso-fareast-font-family:"MS
Mincho"'></pre><o:p></o:p></span>
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