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Cyprus News Agency: News in English, 07-03-12
CONTENTS
[01] RUSSIA - LEDRA STREET DEMOLITON
[02] CBC - DEPOSIT RATES
[01] RUSSIA - LEDRA STREET DEMOLITON
Russia welcomed the demolition of the wall at the end of the central
commercial Ledra Street, in the divided walled capital city of Nicosia,
describing it as a step in the direction of strengthening trust between
the two communities on the island.
In a statement, Russian Foreign Ministry Spokesman Mikhail Kaminin said
we welcome the decision of the government of Cyprus to demolish the
dividing wall at Ledra Street in the centre of Nicosia. We consider the
decision as a step in the direction of strengthening trust between the
two communities.
He further said the call for supporting the climate of trust is
especially great due to the need to resume the dialogue between the two
communities which aims to achieve a fair, viable and comprehensive
settlement of the Cyprus problem.
[02] CBC - DEPOSIT RATES
The Central Bank of Cyprus decided Monday to raise its marginal lending
facility (Lombard) and overnight deposit facility rates by 25 basis
points.
This change brings the Lombard rate to 4,75% and the overnight deposit
facility to 2,75%.
At the same time, the CBC kept its main refinancing rate unchanged at
4,50%.
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