Read the King-Crane Commission Report of Mandates in Turkey (1919) A)? GHT="50">
Compact version
Today's Suggestion
Read The "Macedonian Question" (by Maria Nystazopoulou-Pelekidou)
HomeAbout HR-NetNewsWeb SitesDocumentsOnline HelpUsage InformationContact us
Tuesday, 13 April 2021
 
News
  Latest News (All)
     From Greece
     From Cyprus
     From Europe
     From Balkans
     From Turkey
     From USA
  Announcements
  World Press
  News Archives
Web Sites
  Hosted
  Mirrored
  Interesting Nodes
Documents
  Special Topics
  Treaties, Conventions
  Constitutions
  U.S. Agencies
  Cyprus Problem
  Other
Services
  Personal NewsPaper
  Greek Fonts
  Tools
  F.A.Q.
 

Cyprus News Agency: News in English, 13-11-27

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

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


CONTENTS

  • [01] Banking software systems to be integrated by first half of 2014
  • [02] Commission abides by the rules concerning Greek Cypriot properties

  • [01] Banking software systems to be integrated by first half of 2014

    The integration of software systems of Bank of Cyprus and ex-Laiki Bank is expected to be concluded by the first half of 2014.

    According to CNA sources, the integration process is a very difficult task and it will take longer time to complete than the time needed to merge the branches of the two Banks.

    The two processes are proceeding simultaneously. From the 203 branches that were initially operating, 138 are operating today and by the end of the year only 130 will remain.

    [02] Commission abides by the rules concerning Greek Cypriot properties

    The European Commission follows a specific procedure in place when funding projects on Greek Cypriot properties in the occupied areas, in accordance with a relevant EU regulation, sources told CNA.

    The Council regulation for the instrument of financial support to the Turkish Cypriot community was adopted on 27 February 2006 with an initial allocation of €258.8 million.

    According to the European Court of Auditors latest report published in June 2013 "a particular risk" relates to the fact that an estimated 78% of privately owned land in the occupied areas of Cyprus legally belongs to Greek Cypriots, whose consent is required for EU-funded infrastructure investments on their land.


    Cyprus News Agency: News in English Directory - Previous Article - Next Article
    Back to Top
    Copyright © 1995-2016 HR-Net (Hellenic Resources Network). An HRI Project.
    All Rights Reserved.

    HTML by the HR-Net Group / Hellenic Resources Institute, Inc.
    cna2html v2.01 run on Wednesday, 27 November 2013 - 15:39:06 UTC