Cyprus News Agency: News in English, 12-12-14

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

CONTENTS

[01] Project to protect quality of water and biodiversity in Larnaca

Salt Lake underway

[02] Defence Minister: Struggle for reunification will continue

[03] The Cyprus School of Molecular Medicine aims at excellence

[04] Cyprus ranks 36th in "Doing Business" report

[05] President says recapitalisation amount to be set in mid-January

[06] Cyprus and Russia sign MoU on Customs

[01] Project to protect quality of water and biodiversity in Larnaca Salt Lake underway

According to an official press release issued here on Friday, the Department of the Environment of the Ministry of Agriculture, Natural Resources and the Environment has been implementing a new water quality management project in the framework of an EU Commission funded programme "Life Water".

The aim is to protect the quality of water and biodiversity in the sensitive areas of Cyprus, setting goals of pollution reduction via defining the Total Maximum Daily Load (TMDL), that is to say the maximum amount of a pollutant that an area of water can receive and still meet water quality standards.

[02] Defence Minister: Struggle for reunification will continue

Speaking Friday during a graduation ceremony of the new military police staff, Eliades noted that the aim is a united Cyprus which will become an island of peace and prosperity for all its citizens.

He said that the National Guard is going through a restructuring process in order to become a more modern army and be able to face all contemporary challenges.

[03] The Cyprus School of Molecular Medicine aims at excellence

Patsalis was briefing, on Friday, foreign diplomats based in Cyprus on the Institute and the School which has opened its gates recently to 40 postgraduate and doctoral students from Cyprus, Greece and Australia.

"The Cyprus Institute of Neurology and Genetics has been since its establishment in 1990 one of the institutions which offers the best that Cyprus has to offer", Cyprus Minister of Foreign Affairs Erato Kozakou Marcoullis said addressing the diplomats, adding that this is evident in its scientific work, its specialist laboratory services and its character as a bi-communal non-profit academic centre.

[04] Cyprus ranks 36th in "Doing Business" report

According to a Cyprus Investment Promotion Agency (CIPA) press release, issued here on Friday, the report was presented during a CIPA event.

[05] President says recapitalisation amount to be set in mid-January

Christofias, who was speaking at a press conference in Brussels after the last European Council held under the Cyprus Presidency, said that the final amount needed to recapitalise the banking sector will be known in mid-January.

"We have reached an agreement in principle with the Troika and it will be signed as soon as we get the final results of a due diligence review of the credit portfolios of the banks carried out by Pimco and this is going to happen in mid-January. We are expecting the results of the review to determine our course of action" Christofias noted.

[06] Cyprus and Russia sign MoU on Customs

The MoU enhances customs cooperation between the two countries and includes provisions for customs offences on the one hand and mechanisms to combat them on the other, Ministry of Finance Permanent Secretary Christos Patsalides said after signing the agreement on the part of Cyprus.

Asked if the MoU is an answer to those who accuse Cyprus of money laundering, Patsalides said "it is an additional tool to help combat all such offences".

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