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Cyprus News Agency: News in English, 10-09-24

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

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


CONTENTS

  • [01] LEBANESE PRESIDENT - CYPRUS
  • [02] MINISTER OF FINANCE - CYPRUS ECONOMY

  • [01] LEBANESE PRESIDENT - CYPRUS

    President of Lebanon Michel Suleiman has wished for a quick reunification of Cyprus during the ceremony of the presentation of credentials of Cyprus new Ambassador to Beirut Omiros Mavrommatis.

    According to an official announcement, Mavromattis informed the Lebanese President about the progress of the ongoing UN - led Cyprus talks aiming at reaching a solution of the Cyprus problem, adding that despite all efforts, the current leadership of the Turkish Cypriot community remains intransigent.

    President Suleiman stressed his support to the Ambassadors efforts to strengthen bilateral relations and wished that Cyprus is soon reunified.

    [02] MINISTER OF FINANCE - CYPRUS ECONOMY

    Cyprus Minister of Finance Charilaos Stavrakis has estimated that the 2010 budget deficit will be around 6%, according to the preliminary data. He also stressed that the main target for 2011 is to reduce the deficit to 4,5% of GDP.

    Presenting the financial situation of the Cyprus economy during the first eight months of 2010, and the estimations of the Ministry of Finance for the four last months of 2010, Stavrakis said that the deficit, during the first eight months of the year is increased by 22 million euro, compared to the same period last year.

    As regards state expenses during the last four months of the year (September-December), Stavrakis said that these will remain at the same levels of 2009, while income is expected to be improved by 20 million euro.


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