Cyprus News Agency: News in English, 03-05-14

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

CONTENTS

[01] Hellas Sat satellite into orbit

[02] Crossings of divide continue

[03] Phone calls to Turkey and Cyprus' occupied areas

[04] Iakovou flies to Strasbourg for CoE Committee of Ministers meeting

[05] US supports UN process for Cyprus settlement

[06] Cyprus Stock Exchange

[07] Cyprus welcomes Hellas Sat satellite launch

[08] Nicosia Mayor attends meeting of Mayors in Strasbourg

[09] Weather and Temperatures for Cyprus

[10] Turkish Cypriot party leader criticizes Denktash's policies

[11] Cyprus, Athens, Tel Aviv stock exchanges to sign agreement

[12] Work permits for SARS high risk countries suspended

[13] Bank of Cyprus prospects in Europe ''excellent'', says chairman

[14] Benefits from peaceful meetings evident, says President

[01] Hellas Sat satellite into orbit

0750:CYPPRESS:01

Hellas Sat satellite into orbit

By Apostolis Zoupaniotis

Cape Canaveral Air Foprce Station, Fla., May 14 (CNA) -- An Atlas V rocket placed the first Greece-Cyprus telecommunications "Hellas Sat" satellite into orbit this evening, marking the 65th consecutive successful flight for Atlas, its builder Lockheed Martin and mission provider International Launch Services (ILS).

This was the second launch in the Atlas V series, Lockheed Martins powerful current-generation vehicle. It lifted off at 6:10 p.m. EDT (22:10 GMT), placing the Hellas Sat spacecraft in a supersynchronous transfer orbit 31 minutes later. Satellite controllers have confirmed that the Hellas Sat spacecraft is functioning properly.

The Atlas V rocket placed the satellite into a nearly perfect transfer orbit: apogee of 85,458 km (target was 85,554 km), perigee of 312.2 km (target was 312 km), and an inclination right on target at 17.06 degrees.

[02] Crossings of divide continue

1045:CYPPRESS:02

Crossings of divide continue

[03] Phone calls to Turkey and Cyprus' occupied areas

1100:CYPPRESS:03

Phone calls to Turkey and Cyprus' occupied areas

Nicosia, May 14 (CNA) -- Direct phone calls from Cyprus to Turkey reached 21,995 from 2-9 May 2003, it was officially announced here.

[04] Iakovou flies to Strasbourg for CoE Committee of Ministers meeting

1255:CYPPRESS:04

Iakovou flies to Strasbourg for CoE Committee of Ministers meeting

Larnaca, May 14 (CNA) -- Cyprus Foreign Minister Georgios Iakovou left for Strasbourg today to take part in a Council of Europe Committee of Ministers meeting.

[05] US supports UN process for Cyprus settlement

1300:CYPPRESS:05

US supports UN process for Cyprus settlement

Nicosia, May 14 (CNA) -- The United States supports the UN process aimed to reach a settlement of the Cyprus problem, Philip T. Reeker, Deputy Spokesman of the State Department has said when invited to comment on reports that the US administration was moving to the direction of restarting the negotiations between the two sides.

[06] Cyprus Stock Exchange

1335:CYPPRESS:06

Cyprus Stock Exchange

Nicosia, May 14 (CNA) - The Cyprus Stock Exchange (CSE) All Share
Index closed at today's stock exchange meeting as follows:

CSE General Index                               88,03   (-0,11)

Traded Value                  CYP    575.492

FTSE/CYSE 20                  CYP    148.552   349,46   ( 0,24)

Sectoral Indices

Banks                         CYP     93.556   101,45   ( 0,26)
Approved Investment
Companies                 CYP      6.652    74,70   (-0,51)
Insurance Companies           CYP      7.505    16,44   (-1,38)
Manufacturing Companies       CYP     18.006    57,60   (-0,59)
Tourism Companies             CYP      1.783    93,97   (-0,29)
Trading Companies             CYP     10.138    18,50   (-0,05)
Building and Cement Companies CYP      1.560    74,50   (-0,29)
Énformation Technology
Companies                 CYP     11.843     2,94   ( 0,34)
Financial Services Companies  CYP     10.238    15,85   ( 1,86)
Fish Culture Companies        CYP          0    12,55   ( 0,56)
Hotels                        CYP     97.421    42,83   (-1,22)
Other Companies               CYP     81.480    80,50   (-0,72)

* The third column presents the percentage variation of

[07] Cyprus welcomes Hellas Sat satellite launch

1445:CYPPRESS:06

Cyprus welcomes Hellas Sat satellite launch

Nicosia, May 14 (CNA) -- Cyprus will have numerous benefits from Hellas Sat, said Wednesday Government Spokesman Kypros Chrisostomides, referring to the launch at dawn (Cyprus time) of the first Greece-Cyprus telecommunications satellite into orbit at Cape Canaveral in Florida, US.

[08] Nicosia Mayor attends meeting of Mayors in Strasbourg

1450:CYPPRESS:07

Nicosia Mayor attends meeting of Mayors in Strasbourg

Nicosia, May 14 (CNA) -- President of the European Parliament Pat Cox has shown particular interest in the current situation in the divided capital of Cyprus, during a meeting he had in Strasbourg with the Mayor of Nicosia Michael Zambelas, who is visiting the French city at the invitation of its Mayor Fabienne Keller.

[09] Weather and Temperatures for Cyprus

Temperatures (degrees Celcius)

Station Maximum Minimum Weather (At 1200 UTC)

Nicosia 36 23 FINE Larnaca 31 23 FINE Limassol 33 21 FINE Paphos 28 19 FINE

[10] Turkish Cypriot party leader criticizes Denktash's policies

Turkish Cypriot party leader criticizes Denktash's policies

Nicosia, May 14 (CNA) Leader of the United Cyprus party Izzet Izcan expressed here today his opposition towards the policy Turkish Cypriot leader Rauf Denktash is following regarding the Cyprus problem.

[11] Cyprus, Athens, Tel Aviv stock exchanges to sign agreement

1815:CYPPRESS:10

Cyprus, Athens, Tel Aviv stock exchanges to sign agreement

Nicosia, May 14 (CNA) -- The Cyprus Stock Exchange (CSE), the Athens Stock Exchange and the Tel Aviv Stock Exchange will announce officially the creation of a joint Mediterranean FTSE Med 100 Index, Nontas Metaxas, Director General of the CSE told CNÁ today.

He said the CSE will act as the permanent secretariat of the FTSE Med 100 Index and will have no less than five companies listed, out of a total of 100 to be listed on the FTSE Med 100 Index.

[12] Work permits for SARS high risk countries suspended

1920:CYPPRESS:11

Work permits for SARS high risk countries suspended

Nicosia, May 14 (CNA) -- Work permits for people coming from high risk countries for the transmission of the SARS virus are suspended until September, Government Spokesman Kypros Chrisostomides announced here today.

In his remarks about precautionary measures against SARS, Director of the Medical Services Kostas Mallis said that each district general hospital will have separate areas to treat suspected cases which could develop SARS.

He said that incoming passengers will undergo tests to check their body temperature and if any of them show signs of high temperature they will be subjected to further medical examinations, as a precautionary measure.

Chrisostomides made the announcement about the suspension of work permits after a Cabinet meeting, during which Health Minister Dina Akkelidou briefed the ministers in detail about the measures taken with regard to SARS.

[13] Bank of Cyprus prospects in Europe ''excellent'', says chairman

1940:CYPPRESS:12

Bank of Cyprus prospects in Europe ''excellent'', says chairman

Nicosia, May 14 (CNA) -- Future prospects for the Bank of Cyprus Group in Europe are excellent, Solon Triantafyllides, chairman of the Board of Directors said, adding that the Bank will have to meet the many important challenges ahead arising from Cyprus' accession to the European Union.

Speaking at the Annual General Meeting, he said no dividend would be paid to shareholders for 2002 and said profits for 2002 reached 97,6 million Cyprus pounds, recording an increase of 6,6 per cent compared with the year before (one pounds trades at about 1.5 US dollars).

The AGM reelected Triantafyllides to the post of chairman and Christos Pantzaris deputy chairman. Other members of the board were also reelected.

[14] Benefits from peaceful meetings evident, says President

1945:CYPPRESS:13

Benefits from peaceful meetings evident, says President

Nicosia, May 14 (CNA) -- The benefits that have emerged from recent peaceful encounters between Greek Cypriots and Turkish Cypriots far outweigh the problems arising from presenting passports to the illegal Turkish Cypriot regime in occupied Cyprus, President Tassos Papadopoulos has said.

The President also said that there are political expediencies in the decision by Turkish Cypriot leader Rauf Denktash to ease restrictions on free movement to and from the island's occupied areas and he reiterated his readiness to participate immediately in substantive negotiations, under UN auspices, on the basis of a UN peace plan, the Kofi Annan proposal.

Addressing the Annual General Meeting of the Employers and Industrialists Federation, Papadopoulos said that the government would work hard to ensure harmonization with the acquis communautaire and to see Cyprus join the Euro by 1 May 2006, if possible.

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