Cyprus News Agency: News in English, 05-06-09

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

CONTENTS

[01] Cyprus represented at OSCE on intolerance

[02] Weather forecast for Cyprus

[03] Cyprus Stock Exchange

[04] Weather and Temperatures for Cyprus

[05] Egyptian Minister arrives in Cyprus for official visit

[06] Monetary Policy Committee drops interest rates

[07] Church rites to be held in Turkish occupied areas

[08] Egyptian Minister says time to upgrade cooperation with Cyprus

[01] Cyprus represented at OSCE on intolerance

1145:CYPPRESS:01

Cyprus represented at OSCE Conference on intolerance

Nicosia, Jun 9 (CNA) -- The Constitution of the Republic of Cyprus, its legislation, government practices, educational system and the overall attitude of the Cypriot society leave little room for the growth of all forms of intolerance, Government Spokesman Kypros Chrysostomides said, addressing the OSCE Conference on Anti-semitism and on Other Forms of Intolerance, held in Cordoba, Spain.

''I take pride coming from a corner of the world where cultures, religions and civilisations met and continue to meet in a fruitful way. Cyprus was for centuries a place where people of different religions and cultures lived in harmony respecting each others traditions and institutions'', Chrysostomides said.

[02] Weather forecast for Cyprus

1210:CYPPRESS:02

Weather forecast for Cyprus

Nicosia, Jun 9 (CNA) -- The Meteorological Office at Larnaca International Airport has issued the following weather forecast for Cyprus:

Friday and Saturday: 10/06/2005 - 11/06/2005

Mainly clear skies on Friday. Saturday will be mainly fine too but local cloud in the afternoon may give a few showers inland, especially over the mountains.

Southwesterly to westerly breezes will prevail, gentle to moderate in the morning and in the afternoon moderate and locally fresh. At night westerly to northwesterly gentle breezes will prevail. The sea state will be mostly slight, becoming locally up to moderate in the afternoon.

Maximum temperatures will be around 33C inland, 31C over the south and east coast, 27C over the west coast and 25C over the Prodromos area in the mountains. Minimum temperatures will be around 18C inland and over the west coast, 19C over the south and east coasts and 15C over the Prodromos area.

Outlook for Sunday and Monday: 12/06/2005 - 13/06/2005

Mainly fine, with probability of local cloud and a few showers in the afternoon, mostly over the mountains. No significant change in the temperature is expected.

Sea temperature: 21-24C

[03] Cyprus Stock Exchange

1425:CYPPRESS:03

Cyprus Stock Exchange

Nicosia, Jun 9 (CNA) -- The Cyprus Stock Exchange (CSE) All Share
Index closed at today's stock exchange meeting as follows:

INDICES BASE VALUES: FTSEMed=5000, OTHERS=1000

TRADED VALUE                       540.803,33

GSE GENERAL INDEX                       85,40     0,13    510.984,80
FTSE/CySE 20                           406,98     0,65    437.738,56
MAIN MARKET INDEX                    1.221,37     0,65    459.269,35
PARALLEL MARKET INDEX                1.013,05     0,13      8.953,99
INVESTMENT COMPANIES MARKET INDEX      970,38    -1,62      8.563,35
MAIN AND PARALLEL MARKETS INDEX      1.213,46     0,64    468.223,34
BANKS INDEX                          1.251,68     1,00    374.057,19
HOTELS INDEX                           970,04     0,61      1.887,50
ALTERNATIVE MARKET INDEX               940,36    -0,76     47.317,62
FTSE Med (08/6/2005)                 7.840,24     0,39

* The second column presents the percentage variation of the indices
as compared to the last meeting.

[04] Weather and Temperatures for Cyprus

1600:CYPPRESS:04

Weather and Temperatures for Cyprus

Nicosia, Jun 9 (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                 32          17          FINE
Larnaca                 28          21          FINE
Limassol                31          20          FINE
Paphos                  26          18          FINE
---------------------------------------------------------------

[05] Egyptian Minister arrives in Cyprus for official visit

1600:CYPPRESS:05

Egyptian Minister arrives in Cyprus for official visit

Larnaca, Jun 9 (CNA) - Cypriot Minister of Communication and Works Charis Thrasou and Egyptian Minister of Transport Essam Sharaf, who arrived today in Cyprus for an official visit at the invitation of Thrasou, will be discussing issues of mutual interest in the road and maritime transport sectors.

Welcoming Sharaf at Larnaca Airport, Thrasou said that Cyprus and Egypt enjoy ''historical, political and above all friendly relations,'' adding they would be discussing ''issues of mutual interest concerning road and maritime transport, port facilities and other matters'' and would be signing a memorandum of understanding on future cooperation.

[06] Monetary Policy Committee drops interest rates

1630:CYPPRESS:06

Monetary Policy Committee drops interest rates

Nicosia, Jun 9 (CNA) - The Monetary Policy Committee held an unscheduled meeting today, during which it decided to decrease the official interest rates of the Central Bank of Cyprus, that is the interest rates on the marginal lending facility and the deposit facility, by 0.50 percentage points to 4.25% and 2.25%, respectively.

This was the third reduction of the interest rates since the beginning of the year and the second after the Cyprus pound jointed Exchange Rate Mechanism II (ERMII).

[07] Church rites to be held in Turkish occupied areas

1910:CYPPRESS:07

Church rites to be held in Turkish occupied areas

Nicosia, Jun 9 (CNA) - On the occasion of the feast day of Apostle Barnabas, protector and founder of the Church of Cyprus, on June 11, solemn vespers will be held on June 10 and a liturgy on June 11 at the monastery of Apostle Barnabas in the Turkish occupied areas of the island, directed by Trimythounta Bishop Vassilios.

[08] Egyptian Minister says time to upgrade cooperation with Cyprus

2030:CYPPRESS:08

Egyptian Minister says time to upgrade cooperation with Cyprus

Nicosia, Jun 9 (CNA) - Egyptian Minister of Transport Essam Sharaf said today that it was time for Cyprus and Egypt to upgrade their commercial and trade relations, and expressed certainty that the two countries could come up with several very good professional projects that will been a win-win situation for both.

Speaking after a meeting today in Nicosia with Minister of Commerce, Industry and Tourism George Lillikas, the Egyptian Minister, who is on an official visit to Cyprus, said that the cooperation between the two countries would prove beneficial for the two continents they belong to.

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