Cyprus News Agency: News in English (PM), 00-02-16

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Cyprus News Agency: News in English (PM), 00-02-16

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

<html xmlns:v="urn:schemas-microsoft-com:vml" xmlns:o="urn:schemas- microsoft-com:office:office" xmlns:w="urn:schemas-microsoft-com:office:word" xmlns="http://www.w3.org/TR/REC-html40"> <head> <meta http-equiv=Content-Type content="text/html; charset=windows- 1253"> <meta name=ProgId content=Word.Document> <meta name=Generator content="Microsoft Word 9"> <meta name=Originator content="Microsoft Word 9"> <link rel=File-List href="./todaybfiles/filelist.xml"> <style>  </style> </head> <div class=Section1> <PRE><o:p></o:p> <![if !supportEmptyParas]> <![endif]><o:p></o:p> <H3>CONTENTS</HE><o:p></o:p> <![if !supportEmptyParas]> <![endif]><o:p></o:p> (01) Cabinet - Oil price<o:p></o:p> (02) OEB - Conference of Employers and Industrialists <o:p></o:p> (03) Cyprus Stock Exchange<o:p></o:p> (04) European Parliament - Cyprus<o:p></o:p> <![if !supportEmptyParas]> <![endif]><o:p></o:p> <o:p></o:p> <![if !supportEmptyParas]> <![endif]><o:p></o:p> <![if !supportEmptyParas]> <![endif]><o:p></o:p> <![if !supportEmptyParas]> <![endif]><o:p></o:p> 1600:CYPPRESS:01<o:p></o:p> Cabinet - Oil price<o:p></o:p> Nicosia, 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> 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> CNA MK/MM/EC/2000<o:p></o:p> <![if !supportEmptyParas]> <![endif]><o:p></o:p> 1600:CYPPRESS:02<o:p></o:p> OEB - Conference of Employers and Industrialists<o:p></o:p> 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> 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> CNA MCH/EC/2000<o:p></o:p> <![if !supportEmptyParas]> <![endif]><o:p></o:p> 1600:CYPPRESS:03<o:p></o:p> Cyprus Stock Exchange<o:p></o:p> Nicosia, Feb 16 CNA) -- The Cyprus Stock Exchange (CSE)<o:p></o:p> All Share Index closed at today's stock exchange meeting as<o:p></o:p> follows:<o:p></o:p> <![if !supportEmptyParas]> <![endif]><o:p></o:p> CSE General Index 648.58 (- 1.33)<o:p></o:p> <![if !supportEmptyParas]> <![endif]><o:p></o:p> <![if !supportEmptyParas]> <![endif]><o:p></o:p> Traded Value CYP 19,362,062<o:p></o:p> <![if !supportEmptyParas]> <![endif]><o:p></o:p> <![if !supportEmptyParas]> <![endif]><o:p></o:p> Sectural Indices<o:p></o:p> <![if !supportEmptyParas]> <![endif]><o:p></o:p> Banks CYP 6,981,978 768.86 ( - 1.44)<o:p></o:p> Approved Investment<o:p></o:p> Companies CYP 1,341,415 508.90 ( -1.30)<o:p></o:p> Insurance Companies CYP 1,052,898 446.97 ( -0.35)<o:p></o:p> Manufacturing Companies CYP 1,064,806 209.03 ( - 1.36)<o:p></o:p> Tourism Companies CYP 1,548,482 528.81 ( -1.78)<o:p></o:p> Trading Companies CYP 1,662,719 283.32 ( -0.08)<o:p></o:p> Other Companies CYP 3,812,586 757.86 ( -1.41)<o:p></o:p> <![if !supportEmptyParas]> <![endif]><o:p></o:p> * The third column presents the percentage variation of<o:p></o:p> the indices as compared to the last meeting.<o:p></o:p> CNA EC/2000<o:p></o:p> <![if !supportEmptyParas]> <![endif]><o:p></o:p> 2100:CYPPRESS:04 <o:p></o:p> European Parliament - Cyprus<o:p></o:p> Brussels, 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> 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> CNA NB/MM/EC/2000<o:p></o:p> <![if !supportEmptyParas]> <![endif]><o:p></o:p> <![if !supportEmptyParas]> <![endif]><o:p></o:p> <![if !supportEmptyParas]> <![endif]><o:p></o:p> C N A E N D S<o:p></o:p> <![if !supportEmptyParas]> <![endif]><o:p></o:p> </pre><o:p></o:p> </div>

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