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Cyprus News Agency: News in English, 07-08-31

Cyprus News Agency: News in English Directory - Previous Article - Next Article

From: The Cyprus News Agency at <>


  • [02] ECAC - CYPRUS


    Cyprus is entering the final stretch on Saturday for adopting the Euro on 1 January 2008, when the equivalent of one Euro will be 0.585274 Cyprus pounds.

    As of September 1, all products will carry prices in the Cyprus pound and the Euro, a move which has been described by Minister of Finance Michalis Sarris as ``an important aspect of preparation and information of the Cypriots for the smooth introduction of the Euro.``

    Sarris told reporters on Friday at a press conference that the business sector appears ready to introduce the double pricing system, four months ahead of the switch to the European currency.

    He added that the aim of the double pricing system and the Fair Pricing Code was the smoothest possible adoption of the Euro, noting that the consumers would have four months to monitor the price of products purchased in both currencies, so that they are familiar with the new currency on January 1.

    Sarris pointed out that businesspeople would also have the opportunity to get acquainted with the Euro and build a good relationship with their customers.

    Present at the press conference were head of the European Commission delegation to Cyprus Themis Themistocleous and Director of the Directorate for Economic Research and EU Affairs at the Ministry of Finance Andreas Charalambous.

    [02] ECAC - CYPRUS

    The European Civil Aviation Conference (ECAC), the General Directors of which are in Cyprus for their 56th special meeting, has determined progress in the functioning of the Cyprus Department of Civil Aviation.

    ECAC Vice President in charge of safety Raymond Cron said Cyprus, as a member of the EU, is fully integrated in all EU safety programmes.

    ``I am convinced that the civil aviation authorities of Cyprus are fully committed to high standards and also there is a lot of progress which has been done in the safety field in Cyprus but, like in every state of Europe, the issue of safety is a progress which never ends. It is an ongoing progress,`` he said.

    At a press conference on Friday on the occasion of the ECAC 56th special meeting, attended by representatives from 42 European countries, it was mentioned that the delegates will be taking decisions on flight safety, aviation and environment protection, and a joint position on the forthcoming conference of the International Civil Aviation Organisation (ICAO), which will be held in Montreal from September 18 to 28.


    All 500 passengers and crew of the Cypriot cruise ship Salamis Glory are in good health following last nights collision of the ship in the northern port of Haifa with an Israeli freighter, and efforts are underway to repatriate them the soonest.

    However Israeli forces recovered the bodies of the two crew members who went missing after the ``Shelly`` cargo vessel sank in Thursday`s collision. The remaining 11 members of the crew were rescued.

    According to reports, the passengers and crew remain on the cruise liner which is docked at Haifa. Head of Commercial Shipping Department Sergios Sergiou told CNA that the inspectors from his department will go to Israel to contribute to the Israeli authorities investigation into the circumstances of the collision.


    The ministerial committee that has been set up to deal with all the practical issues deriving from the government`s decision to undertake the cost of rebuilding Artemida village in Peloponnesus, Greece, decided on Friday to send a five-member delegation of technocrats to Artemida to evaluate the extensive damage suffered during the recent fires that caused devastation across the country.

    The committee comprises the Ministers of the Interior, Finance, Justice and Public Order, Communications and Works, and Agriculture, Natural Resources and Environment.

    Minister of the Interior Christos Patsalides said the team to be sent to Greece consists of mechanical engineers, town planners, architects and quantity surveyors.

    Cyprus News Agency: News in English Directory - Previous Article - Next Article
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