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Cyprus News Agency: News in English, 10-09-24
CONTENTS
[01] LEBANESE PRESIDENT - CYPRUS
[02] MINISTER OF FINANCE - CYPRUS ECONOMY
[01] LEBANESE PRESIDENT - CYPRUS
President of Lebanon Michel Suleiman has wished for a quick
reunification of Cyprus during the ceremony of the presentation of
credentials of Cyprus new Ambassador to Beirut Omiros Mavrommatis.
According to an official announcement, Mavromattis informed the
Lebanese President about the progress of the ongoing UN - led Cyprus
talks aiming at reaching a solution of the Cyprus problem, adding that
despite all efforts, the current leadership of the Turkish Cypriot
community remains intransigent.
President Suleiman stressed his support to the Ambassadors efforts to
strengthen bilateral relations and wished that Cyprus is soon
reunified.
[02] MINISTER OF FINANCE - CYPRUS ECONOMY
Cyprus Minister of Finance Charilaos Stavrakis has estimated that the
2010 budget deficit will be around 6%, according to the preliminary
data. He also stressed that the main target for 2011 is to reduce the
deficit to 4,5% of GDP.
Presenting the financial situation of the Cyprus economy during the
first eight months of 2010, and the estimations of the Ministry of
Finance for the four last months of 2010, Stavrakis said that the
deficit, during the first eight months of the year is increased by 22
million euro, compared to the same period last year.
As regards state expenses during the last four months of the year
(September-December), Stavrakis said that these will remain at the same
levels of 2009, while income is expected to be improved by 20 million
euro.
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