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Cyprus News Agency: News in English, 07-03-12

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

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


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%.


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