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Cyprus News Agency: News in English (PM), 01-02-27

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

From: The Cyprus News Agency at <>


  • [01] Russian official - Cyprus
  • [02] Bank of Cyprus - Annual results
  • [03] Communications and Works Minister - Air transport
  • [04] Italy - Cyprus - Foreign Ministries

  • 1620:CYPPRESS:01

    [01] Russian official - Cyprus

    Nicosia, Feb 27 (CNA) - First Deputy Minister of Finance of the Russian Federation Dr. Aleksei V. Ulyukaev is paying a four-day visit to Cyprus at the invitation of Cypriot Finance Minister Takis Klirides.

    Ulyukaev is heading a delegation that is visiting Cyprus on the occasion of the Second Conference of the Cyprus-Russian Intergovernmental Committee on Economic Cooperation taking place tomorrow. CNA/MK/RG/2001


    [02] Bank of Cyprus - Annual results

    Nicosia, Feb 27 (CNA) - The Bank of Cyprus today announced profits of 92,1 million pounds (1 Cyprus pound is trading at approximately 1,6 US dollars).

    Speaking at a press conference to present the Group's results for the year 2000, Chairman of the Group Solon Triantaphyllides said the profits increased by 51,34% in 2000.



    [03] Communications and Works Minister - Air transport

    Nicosia, Feb 27 (CNA) - Cyprus Communications and Works Minister Averof Neophytou said here today that the government's policy is to proceed gradually and reach the required level of liberalisation of air transports by the target date step-by-step, so that on the one hand the existing airlines get some more time to prepare for the competitive environment in which they will operate, and on the other hand to allow new airlines to establish themselves and attain some reasonable strength.

    Speaking during a panel discussion on "The future of Cypriot airlines in a fully liberalised environment", organised by the Cyprus branch of the Royal Aeronautical Society, Neophytou noted that already five airlines, in addition to Cyprus Airways and Eurocypria, have been licensed to operate as charter and/or scheduled airlines. CNA/MK/RG/2001


    [04] Italy - Cyprus - Foreign Ministries

    Nicosia, Feb 27 (CNA) - Delegations of the Foreign Ministries of Cyprus and Italy held consultations in Rome yesterday to discuss Cyprus' European Union (EU) accession course, cooperation between the two countries to effectively combat illegal immigration and smuggling, the situation in the Middle East and issues of Euro-Mediterranean cooperation.

    Delegations, headed by Cyprus' Permanent Secretary of the Ministry of Foreign Affairs Ambassador Michalis Attalides and Secretary General of the Italian Ministry of Foreign Affairs Ambassador Umberto Vattani, also examined the possibility of revising the existing bilateral agreements between the two states on issues of scientific cooperation, tourism and air and international road transport, aiming at bringing them up to date and at enhancing and promoting their bilateral cooperation in these fields. CNA/MK/RG/2001


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