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Cyprus News Agency: News in English (AM), 98-10-14

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

From: The Cyprus News Agency at <>


  • [01] President Clerides - German politician
  • [02] Cyprus Stock Exchange
  • [03] Europa Nostra - Award to Nicosia house

  • 1415:CYPPRESS:01

    [01] President Clerides - German politician

    Nicosia, Oct 14 (CNA) -- Honourary chairman of the Party of Democratic Socialism and last premier of the German Democratic Republic, Hans Modrow, said the procedures for Cyprus' accession to the European Union could facilitate efforts for a settlement to the Cyprus problem.

    Modrow, who is visiting Cyprus at the invitation of left-wing AKEL party, today called on President Glafcos Clerides and House of Representatives President Spyros Kyprianou. He was also scheduled to meet leaders of the island's political parties.

    Speaking after his meeting with the President, Modrow underlined that a settlement to the Cyprus problem should not be a condition for the Republic's European Union accession.

    He also said that his party, that is now represented in parliament, will exert pressure on the new German government so that it demands the unconditional implementation of UN resolutions on Cyprus.

    Modrow pledged the Party of Democratic Socialism will also promote Cyprus' EU accession.

    "No obstacles should come up in this procedure, such as the settlement of the Cyprus problem before Cyprus' accession. We cannot accept this," he said.

    The German politician said he discussed with President Clerides the latest developments in the Cyprus issue and the President informed him on initiatives undertaken for the implementation of UN resolutions on Cyprus.

    He described the situation in the Mediterranean region as complex, noting that more effort is needed in the peace process between Israel and Palestine.

    Referring to the outcome of the recent elections in his country he expressed the view they will mark a change in policy.

    CNA MK/MA/GP/1998

    [02] Cyprus Stock Exchange

    Nicosia, Oct 14 (CNA) -- The Cyprus Stock Exchange (CSE) All Share Index closed at today's stock exchange meeting as follows:
       CSE General Index                          85.03 (-0.60)
       Traded Value            CYP 1,042,289
       Sectural Indices
       Banks                   CYP   543,086      99.26 (-0.66)
       Approved Investment
       Companies               CYP    99,070      58.30 ( 0.07)
       Insurance Companies     CYP   110,766      57.87 ( 0.43)
       Manufacturing Companies CYP    44,638      82.69 (-0.34)
       Tourism Companies       CYP    32,554      68.10 (-1.20)
       Trading Companies       CYP    15,199      37.76 (-1.79)
       Other Companies         CYP    87,755      78.41 (-1.01)
    The third column presents the percentage variation of the indices as compared to the last meeting.

    CNA MCH/1998

    [03] Europa Nostra - Award to Nicosia house

    Nicosia, Oct 14 (CNA) -- The owners of a 19th century house built over tombs dating to the Hellenistic age were today awarded a Europa Nostra award for the renovation and preservation work done to their home.

    The house of Achileas Ketonis and Maria Papaharalambous, in the old and picturesques neighbourhood Ayioi (Saints) Omologites of Nicosia, was chosen among 150 applications from 21 countries.

    The four ancient tombs, which are in the house, in the verandah area and in the garden, were found during the renovation and restoration work done and have been preserved.

    Europa Nostra, a pan-European organisation whose network comprises over 200 non-governmental organisations in the field of conservation, aims at the protection and enhancement of the architectural and natural heritage, the encouragement of high standards of architecture and the improvement of the environment.

    The two-storey house was given the award for the good preservation work done, with the use of traditional materials, methods and constructural details.

    According to Europa Nostra the preservation of the four tombs is an excellent example of how archaeological sites in private property can be preserved.

    The Antiquities Department believes the tombs, that were pillaged, are part of the Ayioi Omoligites ancient necropolis dating to the Hellenistic period.

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