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Cyprus News Agency: News in English, 12-10-19

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

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

CONTENTS

  • [01] Industrial Turnover Index increases by 2.1% in July 2012
  • [02] 23rd Radiomarathon fund-raising events underway
  • [03] Cyprus milk producers face EU fines for exceeding milk quotas

    • [01] Industrial Turnover Index increases by 2.1% in July 2012

    Cyprus` Industrial Turnover Index for July 2012 rose to 139.0 units (base 2005=100), recording an increase of 2.1% compared to July 2011, figures released by the Cyprus Statistical Service show.

    However, for the period January-July 2012, the index recorded a decrease of 2.2% compared to the same period of the previous year.

    In Manufacturing, the index for July 2012 reached 115.3 units, recording a decrease of 3.6% compared to July 2011.

    [02] 23rd Radiomarathon fund-raising events underway

    The 23rd Radiomarathon, a charity event, which supports people with special needs, their families and various charity organisations will take place this month. Fund-raising events across the free areas of Cyprus will culminate on October 21-23.

    Speaking during a press conference on Thursday, Chairman of Radiomarathon Coordinating Committee Loucas Christofides said that the Radiomarathon is a major investment in social capital, a substantial contribution to culture and society`s cohesion.

    [03] Cyprus milk producers face EU fines for exceeding milk quotas

    Cyprus and another six EU member states (Austria, Ireland, the Netherlands, Germany and Luxembourg) exceeded their milk quotas in 2011/2012, triggering "superlevy" penalties of about € 79 million, according to Commission figures published today.

    Despite the overrun of the quotas in these six members, total EU deliveries remained well below the global quota volume (-4.7%).

    According to national declarations, Austria, Ireland, the Netherlands, Germany, Cyprus and Luxembourg exceeded their national quotas by a total of 283 000 tons, despite the 1% quota increase in the year 2011/2012 decided in the framework of the 2008 CAP Health Check. The Netherlands also exceeded its direct sales quota, while the other Member States exceeded only their quota for deliveries.

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