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Cyprus News Agency: News in English (PM), 98-01-05

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

From: The Cyprus News Agency at <>


  • [01] Kasoulides to visit Athens, Lisbon
  • [02] Cyprus Stock Exchange
  • [03] Christofides: Decisive new UN effort for Cyprus settlement

  • 1445:CYPPRESS:01

    [01] Kasoulides to visit Athens, Lisbon

    Nicosia, Jan 5 (CNA) -- Cyprus Foreign Minister Ioannis Kasoulides will visit Athens and Lisbon for meetings with his Greek and Portuguese counterparts.

    The talks are expected to concentrate on issues relating to Cyprus' bid to become a full member of the European Union.

    The EU summit confirmed in December in Luxembourg that the Cyprus-EU membership talks would begin on March 30, 1998.

    Kasoulides departs for Athens on Friday, (January 9) for meetings with Greek Foreign Minister Theodoros Pangalos and Deputy Foreign Minister Yiannos Kranidiotis.

    Kranidiotis' visit to Cyprus, announced last week, has been cancelled.

    After his Athens talks, Kasoulides will fly to Lisbon for talks with his Portuguese counterpart and other officials.

    Kasoulides will return to Cyprus on Tuesday (January 13).

    CNA MCH/GP/1998

    [02] Cyprus Stock Exchange

    Nicosia, Jan 05 (CNA) -- The Cyprus Stock Exchange (CSE) All Share Index closed at today's stock exchange meeting as follows:
    CSE All Share Index                    76.27 (-0.47)
    Highest: 82.46 (2/1/97)
    Lowest : 73.90 (30/1/97)
    Sectural Indices
    Banks                                  87.19 (-0.26)
    Approved Investment Companies          58.78 (+0.22)
    Insurance Companies                    56.86 (-1.25)
    Industrial Companies                   74.91 (-0.97)
    Tourist Industries                     61.21 (+0.18)
    Commercial Companies                   40.10 (-0.99)
    Other Companies                        65.53 (-1.04)
    Trading Volume                         CYP 460380.660
    * The difference in brackets represents the percentage increase (+) or decrease (-) of the index from the previous stock exchange meeting.
    CNA MCH/1997

    [03] Christofides: Decisive new UN effort for Cyprus settlement

    Nicosia, Jan 5 (CNA) -- Government Spokesman, Manolis Christofides, said the new UN effort for a Cyprus settlement will be decisive and will start right after the 1998 presidential elections.

    The Spokesman stressed that both the governments of Athens and Nicosia will positively contribute in this effort, which, he said, is the result of President Glafcos Clerides' strategy.

    Christofides said the UN effort is "decisive" and quoted a statement by the UN Secretary - General's Resident Representative, Gustave Feissel that the new effort will be a "defining moment".

    Furthermore, Christofides stressed that both Feissel and the UN Secretary-General's Special Advisor on Cyprus, Diego Cordovez, have stressed that 1998 provides a unique opportunity to solve the Cyprus problem and there will be consequences if the interested parties do not take it up.

    The Government Spokesman reminded that foreign governments and organisations, including the US, Britain and Russia, as well as the European Union will contribute in these efforts.

    "Greece and Cyprus look forward to these talks, we value their seriousness and will contribute positively in this effort", he added.

    CNA MA/EC/MCH/1998
    Cyprus News Agency: News in English Directory - Previous Article - Next Article
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