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Cyprus News Agency: News in English (AM), 01-08-24Cyprus News Agency: News in English Directory - Previous Article - Next ArticleFrom: The Cyprus News Agency at <http://www.cyna.org.cy>CONTENTS
1045:CYPPRESS:01[01] Cyprus - Greece - Satellite programmeNicosia, Aug 24 (CNA) -- Cyprus and Greece have signed a memorandum of cooperation for a joint venture to launch two telecommunications satellites, the first by August 2002 and the second by March 2004.The deal, which will cost 250 million US dollars, was signed yesterday in Athens by Cyprus' Communications and Works Minister Averof Neophytou, Greece's Transport and Communications Minister Christos Verelis, and Cyprus- based Hellas Sat Consortium. CNA/RM/GP/2001 ENDS, CYPRUS NEWS AGENCY1100:CYPPRESS:02[02] Cyprus - Australia - High CommissionerNicosia, Aug 24 (CNA) -- General Governor of Australia Dr Peter Hollingworth has expressed hope for a solution to the Cyprus problem, which will safeguard the rights of all its citizens, regardless of their religious and ethnic origin.Hollingworth's statement was made when he received yesterday the credentials of Cyprus' new High Commissioner to Australia, Sotos Liasides. CNA/RM/GP/2001 ENDS, CYPRUS NEWS AGENCY1200:CYPPRESS:03[03] Finance Minister - Chief negotiator - Tax policyNicosia, Aug 24 (CNA) -- Cyprus' effort to reform its tax system, is one of the greatest challenges the country has to face in its harmonisation process with the acquis communautaire Chief Negotiator for Cyprus' accession to the European Union George Vassiliou said here today, adding that "time is pressing."Speaking at a three-day Conference which opened here today "for consideration of tax aspects of Cyprus as an International Business Centre joining the EU and efforts to eliminate harmful taxation", Vassiliou expressed the conviction that Cyprus would deal successfully with this issue, while on his part Finance Minister Takis Klerides said the aim is to harmonise Cyprus' current tax system with European Union legislation. CNA/AAR/RM/GP/2001 ENDS, CYPRUS NEWS AGENCY1425:CYPPRESS:04[04] Cyprus Stock ExchangeNicosia, Aug 24 (CNA) - The Cyprus Stock Exchange (CSE) All Share Index closed at today's stock exchange meeting as follows:CSE General Index 154,70 ( 0,02) Traded Value CYP 5.022.721 FTSE/CYSE 20 CYP 1.702.048 583,51 (-0,41) Sectoral Indices Banks CYP 574.327 155,75 (-0,26)Approved Investment Companies CYP 155.984 166,87 (-0,22) Insurance Companies CYP 24.344 50,18 (-0,75) Manufacturing Companies CYP 140.434 57,72 (-0,36) Tourism Companies CYP 581.117 143,95 ( 2,10) Trading Companies CYP 110.845 40,64 (-0,37) Building and Cement Companies CYP 11.065 60,64 (-0,72) Énformation Technology Companies CYP 359.253 15,06 ( 0,40) Financial Services Companies CYP 501.674 32,55 (-0,94) Fish Culture Companies CYP 23.341 42,96 (-1,15) Hotels CYP 817.188 104,48 ( 2,38) Other Companies CYP 1.532.949 195,09 (-0,31)The third column presents the percentage variation of the indices as compared to the last meeting. CNA/GP/2001 1430:CYPPRESS:05[05] Cyprus - Greek FM - VisitNicosia, Aug 24 (CNA) -- Greek Foreign Minister George Papandreou will pay a two-day visit to Cyprus, starting August 4, it was announced here today."The Foreign Minister of Greece George Papandreou, following consultations between the ministries of foreign affairs of Greece and Cyprus, will visit Cyprus on 4 and 5 September," an official press release, issued here today, said. CNA/RM/MM/2001 CNA ENDS Cyprus News Agency: News in English Directory - Previous Article - Next Article |