Cyprus News Agency: News in English, 11-10-25

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

CONTENTS

[01] HOUSE PRESIDENT GREEK VICE PRESIDENT - MEETING

[02] PRESIDENT - TERRORISM CONFERENCE

[03] CABINET FINANCIAL CRISIS - BILLS

[04] AHEPA AUSTRALIA CYPRUS ISSUE

[01] HOUSE PRESIDENT GREEK VICE PRESIDENT - MEETING

Omirou made this statement in his remarks to the press after a meeting here Tuesday with the Vice President of the Greek government Theodoros Pangalos.

Pangalos received Omirou on behalf of the Greek Prime Minister Giorgos Papandreou and they discussed current developments in Cyprus, Greece, the Eastern Mediterranean and the Middle East.

``We defend the national sovereign rights of Cyprus and Greece within the remit of international law``, said Omirou, adding that ``we have never violated international rules whereas Turkey continues to be the troublemaker and the one who violates international law in the area``.

We stand, he stressed, for security, stability, peace and cooperation in the wider region.

Omirou expressed, on behalf of all political parties in Cyprus, the House of Representatives and Greek Cypriots as a whole, support to Greece in the difficult times it is going through, saying that Greece will manage to come out of the crisis.

On his part Pangalos said that ``the common denominator of our policy is the insistence on international law principles and the pursuance of the best interests of Cyprus, with the active support of the Greek people, the Greek authorities and all political parties``.

Invited to say if he is worried by recent Turkish threats, Pangalos said that ``tension created by the Turkish side has a dimension which in my view does not correspond to real incidents or Turkey`s true intentions``.

We should be vigilant at all times and follow developments, he said, adding however that Turkeys best interests would not be served with further aggression.

The House President also met later with ruling socialist party PASOK National Council Secretary Michalis Karhimakis and briefed him on recent developments as regards the Cyprus problem and recent Turkish threats.

Karhimakis said that the exploration of hydrocarbons by Cyprus and possible alliances as a result thereof may mean that there are positive developments in the Cyprus problem, adding however that efforts should continue within international and European fora for a just solution to be found.

[02] PRESIDENT - TERRORISM CONFERENCE

In an address on Tuesday at the opening ceremony of the Conference, read out by Government Spokesman Stephanos Stephanou, President of the Republic of Cyprus Demetris Christofias said terrorism can be effectively tackled when the international community unites, because terrorism has no nationality.

He noted that the media can actively contribute to the international campaign against terrorism, and also referred to the role of the internet, which he said could be considered as ``a rising element of power.``

President Christofias also referred to the Cyprus problem, noting that the island remains a victim of the illegal Turkish invasion of 1974 and occupation, and that the people of Cyprus deserve better.

The President said the struggle continues to reunify the island, through a solution based on UN resolutions and the principles of international and European law.

[03] CABINET FINANCIAL CRISIS - BILLS

Government Spokesman Stephanos Stephanou said after the Cabinets meeting that based on recent developments, in case of financial crisis there should be an immediate action to ensure financial stability.

The three bills adopted by the Council of Ministers, he added, offer the necessary institutional and legal framework that would enable Cyprus to intervene and back the financial system, should the necessity arise.

The first proposed legislation, he said, gives the Cabinet the authority to proceed to the necessary measures to address any cash flow problems in the financial system. He clarified that the Cabinet will act on the basis of a recommendation by the Central Bank of Cyprus.

Stephanou said that the second law bill concerns the establishment of an independent financial stability fund with the aim to improve the existing management framework in Cyprus and to safeguard financial stability. He added that the funds purpose will be the support and consolidation of credit institutions.

Referring to the third proposed legislation, he explained that it extends the existing special tax for the credit institutions.

[04] AHEPA AUSTRALIA CYPRUS ISSUE

The position is outlined in a resolution on Cyprus approved at the end of the 57th National Conference of the Australasian Hellenic Educational Progressive Association, which took place in Canberra this week.

Delegates commended Cyprus President Demetris Christofias efforts and decisiveness to achieve a fair, viable and functional solution to the Cyprus issue, based on the agreed basis for a bizonal, bicommunal federation, with a single sovereignty, single personality and international identity.

A fair settlement, the resolution points out, should secure and restore the human rights and fundamental freedoms of all Cypriots.

AHEPA members condemn the illegal and continued violation of 36,2% of the territory of the Republic of Cyprus from Turkey, the continued illegal settlement and the destruction of the religious and cultural heritage in the northern Turkish occupied part of Cyprus.

They also condemn Turkish provocations and threats against the Republic of Cyprus in relation to exercising its sovereign right to explore and exploit its natural resources within its Exclusive Economic Zone and urge the international community to actively support the sovereign rights of Cyprus.

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