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Cyprus News Agency: News in English, 11-08-09

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

From: The Cyprus News Agency at <>




    New Minister of Finance Kikis Kazamias has begun a round of contacts to discuss the first package of fiscal consolidation measures, which has been agreed on with the political parties and has been enriched.

    The purpose of the meetings is to achieve the broadest possible consensus and secure a unanimous vote of relevant laws at the end of the week, so that a positive message for the recovery of the economy is sent abroad.

    Kazamias told CNA today that the top priority of the first package of measures was to defuse the time bomb of the pension scheme.

    He said that he began contacts on Monday and would continue through Tuesday till Wednesday with meetings with the social partners, the trade unions and the parliamentary parties, which he was briefing on the intention of the Government to pass the first package of measures from the Council of Ministers on Wednesday afternoon and from the House of Representatives on Thursday or Friday.


    Development works at the Larnaca port and marina will begin in 2012, which will fully rejuvenate the area at a cost of one billion euros.

    Larnaca Mayor Andreas Moyseos said ``the Government and the strategic investor have agreed and now the legal advisers of the two parties are processing the terms of the contract to be signed,`` adding that the contract would be signed soon.

    The project includes the expansion and upgrading of the port and marina, and the restructuring of the coastal front.

    On its completion in 2018, the marina will have a capacity of a thousand vessels, while the port will be the island`s main passenger port, with an international-class passenger lounge. Furthermore, the coastal front will feature mainly low buildings, while the taller ones will blend in with the character of the town and serve as a reference point, with the use of the latest technology and low energy consumption.


    High temperatures are expected to prevail on Tuesday in cities all over Cyprus, with conditions of severe discomfort set to continue and even evolve, according to the Meteorological Service, to heat wave conditions in some cases.

    Meteorological Officer Marios Theophilou, speaking to CNA, said that temperatures inland are expected to reach 40-41oC during the afternoon. He added that Mondays unpleasant climate conditions are expected to continue today.

    Theophilou said that Cyprus was one step before reaching heat wave conditions on Monday, due to a combination of high temperatures, humidity and wind conditions. Mondays temperatures ranged between 39,2oC (in Nicosia) and 29,2oC (in Paphos), while humidity levels varied between 81% (in Paphos) and 16% (in Nicosia).

    While temperature levels are high, Theophilou noted that it cannot be said that they constitute record levels, like the ones recorded early on August last year, with the temperature in Nicosia reaching 46oC.

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