Cyprus News Agency: News in English, 03-01-02

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

CONTENTS

[01] (K) EU flag hoisted at Cyprus Presidential Palace

[02] Cyprus: VAT increases to 15%

[03] Greek Premier: Cyprus settlement feasible within 2003

[04] Cyprus: New fuel prices

[05] Weather forecast for Cyprus

[06] Central Bank grants business licence to BNP Paribas Cyprus

[07] Cyprus Stock Exchange

[08] Presidential elections to be proclaimed tomorrow

[09] Spokesman: Erdogan's statement could creat conditions for solution

[10] Weather and Temperatures for Cyprus

[11] Clerides does not expect major developments

[12] Erdogan’s statements indicate end of Denktash era, says Kasoulides

[01] (K) EU flag hoisted at Cyprus Presidential Palace

1030:CYPPRESS:01

EU flag hoisted at Cyprus Presidential Palace

Nicosia, Jan 2 (CNA) -- The European Union flag, flies as from yesterday, together with the flag of the Republic of Cyprus, at the Presidential Palace in Nicosia.

[02] Cyprus: VAT increases to 15%

1040:CYPPRESS:02

Cyprus: VAT increases to 15%

Nicosia, Jan 2 (CNA) -- Cypriot authorities increased as from yesterday the Valued Added Tax (VAT) by 2%, reaching 15%.

[03] Greek Premier: Cyprus settlement feasible within 2003

1120:CYPPRESS:03

Greek Premier: Cyprus settlement feasible within 2003

Nicosia, Jan 2 (CNA) -- The solution of the Cyprus question within 2003 is feasible and would allow more important steps in the Greco - Turkish relations to be made, Greek Prime Minister Costas Simits has said.

[04] Cyprus: New fuel prices

1130:CYPPRESS:04

Cyprus: New fuel prices

[05] Weather forecast for Cyprus

1230:CYPPRESS:05

Weather forecast for Cyprus

Nicosia, Jan 2 (CNA) - The Meteorological Office at Larnaca International Airport has issued the following weather forecast for Cyprus:

Friday and Saturday: 3/01/2003 to 4/01/2003

Local showers and thunderstorms at first improving gradually. Light sleet or snowfalls over hightest peaks of Troodos. Wind variable 3-4BF and the state of sea slight to moderate. The temperature will reach the 17C inland, 19C on the coast and 7C over the hightest mountains.

On Saturday, the weather will be partly cloudy at times with risk of local showers. The wind will be from westerly directions 3 to 4 BF and the sea will be slight to moderate. The temperature will increase by (1-2)C.

Outlook for Sunday and Monday: 5/1/2003 to 6/1/2003

Risk of isolated showers on Sunday but on Monday fine weather with local cloud. The temperature will increase.

[06] Central Bank grants business licence to BNP Paribas Cyprus

1415:CYPPRESS:06

Central Bank grants banking business licence to BNP Paribas Cyprus

Nicosia, Jan 2 (CNA) The Central Bank of Cyprus has granted a banking business licence to BNP Paribas Cyprus Ltd, a wholly owned subsidiary of BNP Paribas S.A. of France, to carry on banking business in and from within Cyprus in the form of an International Banking Unit (IBU).

[07] Cyprus Stock Exchange

1420:CYPPRESS:07

Cyprus Stock Exchange

Nicosia, Jan 02 (CNA) - The Cyprus Stock Exchange (CSE) All Share
Index closed at today's stock exchange meeting as follows:

CSE General Index                               96,21   ( 1,79)

Traded Value                  CYP    793.576

FTSE/CYSE 20                  CYP    267.528   375,56   ( 3,37)

Sectoral Indices

Banks                         CYP    138.808   108,21   ( 2,24)
Approved Investment
Companies                 CYP     37.659    83,13   ( 2,90)
Insurance Companies           CYP      5.942    21,49   (-1,24)
Manufacturing Companies       CYP     14.767    66,19   ( 1,35)
Tourism Companies             CYP     23.749   105,93   ( 3,61)
Trading Companies             CYP     17.341    19,45   ( 0,41)
Building and Cement Companies CYP     22.599    74,90   ( 0,56)
Énformation Technology
Companies                 CYP      7.674     3,42   ( 0,00)
Financial Services Companies  CYP     65.501    20,04   ( 0,75)
Fish Culture Companies        CYP        082    15,42   ( 6,13)
Hotels                        CYP     27.520    47,86   ( 1,72)
Other Companies               CYP    146.692    88,64   ( 1,47)

* The third column presents the percentage variation of

[08] Presidential elections to be proclaimed tomorrow

1423:CYPPRESS:08

Presidential elections to be proclaimed tomorrow

Nicosia, Jan 2 (CNA) Interior Minister Andreas Panagiotou will proclaim tomorrow the next presidential elections for Cyprus, scheduled for February 2003.

Voting will be held on February 16 and if a second round is necessary, this will take place on February 23.

Chief Returning Officer Kyriakos Triantaphyllides told CNA that the final register of voters will be made public tomorrow and any objections should be submitted by January 12.

[09] Spokesman: Erdogan's statement could creat conditions for solution

1425:CYPPRESS:09

Spokesman: Erdogan's statement could create conditions for solution

Nicosia, Jan 2 (CNA) -- Government Spokesman Michalis Papapetrou believes that statements by Turkish leader Tayyip Erdogan on Cyprus could create the right conditions for a political settlement by the end of February, the timeframe set by the UN.

''Erdogan's remarks create preconditions for a solution in Cyprus by 28 February,'' Papapetrou told CNA, and reiterated the readiness of the Greek Cypriot side to work towards this direction.

[10] Weather and Temperatures for Cyprus

1450:CYPPRESS:10

Weather and Temperatures for Cyprus

Nicosia, Jan 02 (CNA) -- Today's weather and temperatures for Cyprus,
according to the Meteorological Service at Larnaca International
Airport are:

Temperatures (degrees Celcius)
---------------------------------------------------------------
Station               Maximum     Minimum       Weather
(At 1200 UTC)
---------------------------------------------------------------
Nicosia                  17          11          FAIR
Larnaca                  19          13          CLOUDY
Limassol                 18          16          FAIR
Paphos                   19          16          CLOUDY

[11] Clerides does not expect major developments

1840:CYPPRESS:11

Clerides does not expect major developments

Nicosia, Jan 2 (CNA) President Glafcos Clerides has said he does not anticipate at this stage any major developments with regard to a political settlement, because of the different approaches on Cyprus expressed by the Turkish government on one hand and Turkish Cypriot leader Rauf Denktash and those backing Denktash's policies on the other.

[12] Erdogan’s statements indicate end of Denktash era, says Kasoulides

2010:CYPPRESS:12

Erdogans statements indicate end of Denktash era, says Kasoulides

Nicosia, Jan 2 (CNA) Foreign Minister Ioannis Kasoulides said statements by Turkish leader Recep Tayyip Erdogan, who urged Turkish Cypriot leader Rauf Denktash to heed protests against his policies, confirm the view that we are witnessing the beginning of the end of the Denktash era.

Kasoulides described Erdogans statements as very interesting, noting that this time his positions conclude that Mr. Denktash cannot decide on his own on a very important issue which concerns the whole of Turkey and that Turkey must be the one to decide for herself.

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