Cyprus News Agency: News in English, 03-05-07

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

CONTENTS

[01] UN spokesman points to the need for lasting settlement

[02] Greek and Turkish Cypriots continue to cross the divide

[03] Fitch rates Cyprus low credit risk country

[04] Cyprus Stock Exchange

[05] Cypriot appointed to Arbitration Court

[06] EU to set the content of solution in Cyprus, says Papandreou

[07] US favours contacts between Greek and Turkish Cypriots

[08] Interior Minister in Brussels for Justice and Home Affairs Council

[09] Weather and Temperatures for Cyprus

[10] Government determined to scrap landmines

[11] Government rejects trade-offs with occupation regime

[01] UN spokesman points to the need for lasting settlement

0820:CYPPRESS:01

UN spokesman points to the need for lasting settlement

by Apostolis Zoupaniotis

United Nations, May 7 (CNA) -- The UN has welcomed the easing of restrictions on free movement in Cyprus, but stressed the need for a lasting settlement of the island's political problem pointing out that all core issues are still pending.

[02] Greek and Turkish Cypriots continue to cross the divide

1030:CYPPRESS:02

Greek and Turkish Cypriots continue to cross the divide

Nicosia, May 7 (CNA) -- Around 800 Cypriots crossed the ceasefire line today, according to figures released by the police.

A police press release said that by eight this morning 231 Turkish Cypriots came into the southern government controlled part of Cyprus and 556 Greek Cypriots went to the northern Turkish occupied areas, all of whom used the three available crossing points, one in Nicosia and two on the south east.

[03] Fitch rates Cyprus low credit risk country

1320:CYPPRESS:03

Fitch rates Cyprus low credit risk country

Nicosia, May 7 (CNA) -- An international public finance service, Fitch, has given Cyprus a rating denoting a low expectation of credit risk and a strong capacity for timely payment of financial commitments.

This is the general assessment in the 2002 Fitch report on Cyprus, published last month, which said that growth slowed last year as tourist arrivals fell by 10.3 per cent in the aftermath of September 11th attacks against the US.

[04] Cyprus Stock Exchange

1355:CYPPRESS:04

Cyprus Stock Exchange

Nicosia, May 7 (CNA) - The Cyprus Stock Exchange (CSE) All Share
Index closed at today's stock exchange meeting as follows:

CSE General Index                               90,24   (-1,38)

Traded Value                  CYP    903.921

FTSE/CYSE 20                  CYP    418.742   360,78   (-2,09)

Sectoral Indices

Banks                         CYP    255.834   104,93   (-1,93)
Approved Investment
Companies                 CYP     34.958    77,06   (-1,34)
Insurance Companies           CYP     67.893    17,90   ( 3,23)
Manufacturing Companies       CYP      6.294    58,60   (-1,11)
Tourism Companies             CYP      3.203    94,71   (-1,31)
Trading Companies             CYP     25.054    18,66   (-0,11)
Building and Cement Companies CYP     11.064    74,70   (-0,16)
Énformation Technology
Companies                 CYP      6.155     2,92   (-4,26)
Financial Services Companies  CYP    141.709    15,98   (-1,60)
Fish Culture Companies        CYP        273    12,57   (-3,53)
Hotels                        CYP     10.617    43,58   (-0,91)
Other Companies               CYP    107.295    82,48   (-1,13)

* The third column presents the percentage variation of

[05] Cypriot appointed to Arbitration Court

1410:CYPPRESS:05

Cypriot appointed to Arbitration Court

[06] EU to set the content of solution in Cyprus, says Papandreou

1530:CYPPRESS:06

EU to set the content of solution in Cyprus, says Papandreou

by Kyriakos Tsioupras

London, May 7 (CNA) - Greek Foreign Minister and current president of the European Union foreign ministers council George Papandreou believes that EU rules and regulations will help overcome divisive elements of a political settlement in Cyprus.

[07] US favours contacts between Greek and Turkish Cypriots

1535:CYPPRESS:07

US favours contacts between Greek and Turkish Cypriots

Larnaca, May 7 (CNA) - The US is very much in favour of contacts between the two communities on the island, US Ambassador in Nicosia Michael Klosson said here today.

[08] Interior Minister in Brussels for Justice and Home Affairs Council

1635:CYPPRESS:08

Interior Minister in Brussels for Justice and Home Affairs Council

Larnaca, May 7 (CNA) - Minister of the Interior Andreas Christou flew to Brussels today to take part in the EU Justice and Home Affairs Council beginning on Thursday.

[09] Weather and Temperatures for Cyprus

1645:CYPPRESS:09

Weather and Temperatures for Cyprus

Nicosia, May 7 (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                33           18         FINE
Larnaca                32           18         FINE
Limassol               32           18         FINE
Paphos                 25           13         FINE

[10] Government determined to scrap landmines

1735:CYPPRESS:10

Government determined to scrap landmines

Nicosia, May 7 (CNA) - The Cabinet announced here today that it would go ahead with the removal of landmines in areas controlled by the Republic of Cyprus and in the UN-controlled buffer zone.

[11] Government rejects trade-offs with occupation regime

1920:CYPPRESS:11

Government rejects trade-offs with occupation regime

Nicosia, May 7 (CNA) - The Cyprus government considers the decision of the Turkish occupation regime to ease restrictions in the freedom of movement to be a legal and political obligation on its part and not a measure to get something in return.

''The partial lifting of restrictions (in the freedom of movement) imposed by the occupation regime for 29 years now is not a measure to discuss trade-offs'', Government Spokesman Kypros Chrisostomides said here Wednesday after a cabinet meeting.

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