Cyprus News Agency: News in English, 03-07-17

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

CONTENTS

[01] Weather forecast for Cyprus

[02] 35 million for Cyprus in EU budget 2004

[03] Spokesman says UN looking into Lefka pass possibilities

[04] Cyprus Stock Exchange

[05] Government says Denktash's proposal changes nothing

[06] Spokesman says position on Annan plan unchanged

[07] Weather and Temperatures for Cyprus

[08] EAC says it needs autonomy to survive competition

[09] Philippines to make adjustments in view of Cyprus joining EU

[10] The Gambia says Cyprus acts as bridge of communication

[11] Colombia supports Cyprus settlement the soonest possible

[01] Weather forecast for Cyprus

1400:CYPPRESS:01

Weather forecast for Cyprus

Nicosia, Jul 17 (CNA) -- The Meteorological Office at Larnaca International Airport has issued the following weather forecast for Cyprus:

Friday and Saturday: 18/07/2003 to 19/07/2003 --------------------

Mainly fine weather, bur risk an isolated shower over the mountains in the afternoon, on Saturday. Local mist patches or low cloud will form mainly overnight. Gentle to moderate southwesterly to westerly winds during morning, but moderate and locally fresh over the south coast in the afternoon. Light to moderate, westerly to northwesterly breezes will prevail overnight. The sea state will be slight and over the south coast moderate during afternoon. Maximum temperature 37C inland, 32 over the southeast coast, 30C over the southwest and west coast and 29C over Prodromos. Minimum temperature 21C inland and south coast, 20C over the west coast and Prodromos.

Outlook for Sunday and Monday: 20/07/2003 to 21/07/2003

No significant change is expected. Risk an isolated shower over Troodos on Sunday.

[02] 35 million for Cyprus in EU budget 2004

1450:CYPPRESS:02

35 million for Cyprus in EU budget 2004

by Nicos Bellos

Brussels, Jul 17 (CNA) -- Cyprus will absorb around 35 million euros, according to the proposal of the Community Budget for 2004 discussed here yesterday at the ECOFIN Council in the presence of Cyprus' Finance Minister Markos Kyprianou.

Cyprus' contribution to the Community budget is estimated to be around 105 million euros.

[03] Spokesman says UN looking into Lefka pass possibilities

1445:CYPPRESS:03

Spokesman says UN looking into Lefka pass possibilities

Nicosia, Jul 17 (CNA) - Cypriot Government Spokesman Kypros Chrysostomides said today that the United Nations are looking into the possibilities of opening a pass between the government-controlled and the Turkish-occupied areas of the Republic in the Lefka area.

[04] Cyprus Stock Exchange

1450:CYPPRESS:04

Cyprus Stock Exchange

Nicosia, Jul 17 (CNA) - The Cyprus Stock Exchange (CSE) All Share
Index closed at today's stock exchange meeting as follows:

CSE General Index                               84,37    (-0,53)

Traded Value                  CYP    219.423

FTSE/CYSE 20                  CYP    126.878   344,08   (-0,40)
FTSE Med 100**                               5.590,67   ( 0,18)

Sectoral Indices

Banks                         CYP     99.675   100,63   (-0,36)
Approved Investment
Companies                 CYP     10.581    73,51   ( 0,60)
Insurance Companies           CYP        340    14,33   (-0,07)
Manufacturing Companies       CYP      3.468    54,79   ( 0,24)
Tourism Companies             CYP      5.845    84,69   (-0,75)
Trading Companies             CYP      9.987    18,05   (-0,33)
Building and Cement Companies CYP     12.523    68,20   (-4,20)
Énformation Technology
Companies                 CYP      3.923     2,64   (-0,38)
Financial Services Companies  CYP      7.429    13,31   ( 0,15)
Fish Culture Companies        CYP         95    12,38   ( 6,72)
Hotels                        CYP      2.607    39,33   (-0,18)
Other Companies               CYP     28.211    76,01   (-0,55)

* The third column presents the percentage variation of

[05] Government says Denktash's proposal changes nothing

1545:CYPPRESS:05

Government says Denktash's proposal changes nothing

Nicosia, Jul 17 (CNA) - Cypriot Government Spokesman Kypros Chrysostomides said today that the proposal of Turkish Cypriot leader Rauf Denktash for Greek Cypriots to repair their buildings in the fenced-off area of Famagusta and live there under Turkish Cypriot administration did not alter the government's position regarding Denktash's proposals.

The Spokesman said that the Turkish side is expected to lift the occupation of the island's northern third and allow the rightful inhabitants to return, in compliance with UN resolutions.

[06] Spokesman says position on Annan plan unchanged

1610:CYPPRESS:06

Spokesman says position on Annan plan unchanged

Nicosia, Jul 17 (CNA) - Cypriot Government Spokesman Kypros Chrysostomides said today that the positions of President Tassos Papadopoulos regarding the Annan plan have not changed.

Chrysostomides was invited to explain a reference by President Papadopoulos in a recent speech that the acceptance of the plan presented to the two sides in Cyprus by UN Secretary General Kofi Annan for a settlement of the political problem was not an initiative but instead the acceptance of the invasion and occupation of the island's northern third.

The Spokesman said President Papadopoulos sent this message to all those who believe that there should be an initiative on behalf of the Greek Cypriot side to accept the Annan plan as it is.

[07] Weather and Temperatures for Cyprus

1630:CYPPRESS:07

Weather and Temperatures for Cyprus

Nicosia, Jul 17 (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                38           21         FINE
Larnaca                32           21         FINE
Limassol               33           20         FINE
Paphos                 30           23         FINE

[08] EAC says it needs autonomy to survive competition

1805:CYPPRESS:08

EAC says it needs autonomy to survive competition

Nicosia, Jul 17 (CNA) - The Electricity Authority of Cyprus (EAC) can and must survive in the new competitive environment created by the island's accession to the EU, EAC's Board of Directors Chairman Giorgos Georgiades said today, noting that for this to occur the Authority must gain the autonomy, flexibility and ability to implement its development programmes without the current time consuming procedures.

Presenting EAC's 2002 results, Georgiades said ''it was a successful year for the Electricity Authority'', adding that exploitation income reached 202.4 million pounds, exploitation expenses 160.5 million, the net exploitation product 41.9 million, and taxation 4.6 million pounds.

Georgiades said the surplus for 2002 reached 11.8 million pounds, a figure smaller than last year's due to the transfer of 20 million pounds to the government's funds.

Minister of Commerce, Industry and Tourism Yiorgos Lillikas said the government agreed with the utilisation of EAC's possibilities to increase its income and be in a position to survive future competition.

[09] Philippines to make adjustments in view of Cyprus joining EU

1950:CYPPRESS:09

Philippines to make adjustments in view of Cyprus joining EU

Nicosia, Jul 17 (CNA) - The Philippines is ready to make the necessary adjustments in view of Cyprus' accession to the EU in May 2004, which ''will affect our bilateral relations'', the new Ambassador of the Republic of Philippines to Cyprus, stationed in Tel Aviv, Belen Anota said today.

Presenting her credentials to President of the Republic Tassos Papadopoulos, Anota said that in the past few years ''there has been no record of Cypriot investment in the Philippines'' and noted that ''this is one field we should seriously look into''.

[10] The Gambia says Cyprus acts as bridge of communication

2005:CYPPRESS:10

The Gambia says Cyprus acts as bridge of communication

Nicosia, Jul 17 (CNA) - Cyprus has a ''rare ability'' to maintain good relations with all countries and often acts as a bridge of communication among nations, the first High Commissioner of the Republic of The Gambia to Cyprus, stationed in Rabat, Maudo Touray said today.

Presenting his credentials to President of the Republic Tassos Papadopoulos, Touray said that ''in the international scene, the affinity of our two countries can be a binding factor in our bilateral cooperation'' and noted that ''both countries, although small in size, have been playing very active roles in regional and world politics''.

[11] Colombia supports Cyprus settlement the soonest possible

2010:CYPPRESS:11

Colombia supports Cyprus settlement the soonest possible

Nicosia, Jul 17 (CNA) - Colombia supports the solution of the Cyprus problem the soonest possible, so that the problem will be just a memory and Cyprus will be able to focus all its efforts on its economic and political consolidation with a population that will live harmoniously, the new Ambassador of Colombia to Cyprus, stationed in Rome, Fabio Valencia Cossio said.

Presenting his credentials to President of the Republic Tassos Papadopoulos, Cossio said Cyprus' accession to the EU was important for Colombia, because it will have an ally in the Union when decisions will be taken that concern Colombia.

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