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Cyprus News Agency: News in English (PM), 00-10-30

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

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


CONTENTS

  • [01] Cyprus - Bulgaria - Taxation agreement
  • [02] Cyprus Stock Exchange
  • [03] EDU Executive Secretary - EU - Cyprus
  • [04] President Glafcos Clerides - Cyprus question

  • 1500:CYPPRESS:01

    [01] Cyprus - Bulgaria - Taxation agreement

    Nicosia, Oct 30 (CNA) -- Finance Ministers of Cyprus and Bulgaria, Takis Klerides and Mouravei Radev, today signed an Agreement for the Avoidance of Double Taxation, which is immediately in force in Cyprus and is expected to be approved soon by the Bulgarian parliament so that it can start being applied in the country in January 2001.

    Talking to reporters after the signing ceremony, Klerides said a similar agreement existed with Bulgaria for some years but in June last year Sofia asked that it is reviewed and negotiations between the two parties took place leading to an agreement that satisfies both sides.

    CNA ITS/MA/GP/2000
    ENDS, CYPRUS NEWS AGENCY
    1525:CYPPRESS:02

    [02] Cyprus Stock Exchange

    Nicosia, Oct 30 (CNA) - The Cyprus Stock Exchange (CSE) All Share Index closed at today's stock exchange meeting as follows:
    CSE General Index                               296,80 (-2,44)
    
    Traded Value                  CYP 16.257.730
    
    Sectural Indices
    
    Banks                         CYP  3.754.260    340,22  (-3,88)
    Approved Investment
        Companies                 CYP  1.416.103    230,05  (-0,82)
    Insurance Companies           CYP    730.657    117,70  (-3,82)
    Manufacturing Companies       CYP  1.131.008    103,22  (-1,17)
    Tourism Companies             CYP    783.742    191,70  (-3,75)
    Trading Companies             CYP    527.511     73,19  (-1,88)
    Offshore Companies            CYP          0    105,00  ( 0,00)
    Building and Cement Companies CYP     60.188     82,79  (-0,73)
    Enformation Technology
        Companies                 CYP  3.073.275     91,08  (-0,38)
    Financial Services Companies  CYP    917.391     84,46  (-0,68)
    Fish Culture Companies        CYP     62.494     93,47  (-0,50)
    Hotels                        CYP    607.158     88,68  (-4,63)
    Other Companies               CYP  2.222.193    314,79  (-0,91)
    
    The third column presents the percentage variation of the indices as compared to the last meeting.

    CNA/MA/2000

    ENDS, CYPRUS NEWS AGENCY
    1740:CYPPRESS:03

    [03] EDU Executive Secretary - EU - Cyprus

    Nicosia, Oct 30 (CNA) -- Executive Secretary of the European Democrat Union (EDU) Alexis Wintoniak has expressed confidence that Cyprus will be one of the first countries to join the European Union (EU).

    Wintoniak, who is visiting Cyprus at the invitation of right-wing Democratic Rally party (DISI), which is an EDU member, told a press conference today he discussed with the DISI leadership ways of strengthening their cooperation as well as EU enlargement.

    CNA GG/MA/2000
    ENDS, CYPRUS NEWS AGENCY
    1700:CYPPRESS:04

    [04] President Glafcos Clerides - Cyprus question

    Nicosia, Oct 30 (CNA) -- Cyprus President Glafcos Clerides today met his close aides and discussed issues relating to the fifth round of UN-led talks for a settlement on the island scheduled to begin in Geneva on Wednesday.

    Meanwhile, in an interview with the Athens News Agency in view of his departure for Switzerland tomorrow, the President said the aim of the present effort during which ideas are put forward and the positions of the two sides are sounded out is to reach a draft of an overall settlement.

    CNA MA/GG/2000
    ENDS, CYPRUS NEWS AGENCY
    CNA ENDS
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