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Thursday, 18 April 2024
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Cyprus News Agency: News in English, 13-03-23Cyprus News Agency: News in English Directory - Previous Article - Next ArticleFrom: The Cyprus News Agency at <http://www.cyna.org.cy>CONTENTS
of Cyprus [01] Thousands of Cypriot bank workers stage a march in NicosiaThousands of Cypriot bank workers fearing for their jobs, staged a march Saturday in Nicosia against any measures that would threaten their jobs and rights.Protestors marched from the headquarters of the Cyprus Union of Bank Employees (ETYK) in Nicosia, to the Presidential Palace and the Parliament where a delegation handed over a petition with their demands and positions. Later on they marched to the Ministry of Finance, where negotiations were taking place between Cypriot officials and the Troika team with a view to reach an agreement for a Cyprus bailout. [02] US Congressman urges US to support CyprusUS Congressman Eliot Engel urged the US to use its position as the largest shareholder in the International Monetary Fund to press for actions by the Troika that will preserve the effective functioning of the goverhment of Cyprus.In a letter to the US Secretary of State, Jacob Lew, the Democrat Congressman says that "I urge that the US use its position as the largest shareholder in the International Monetary Fund to press for actions by the Troika that will preserve the effective functioning of the government of Cyprus and the country's banking system and will not impose unfair and unendurable burdens on the people of Cyprus". He furthermore notes that "I believe that the US has a significant interest in supporting efforts to find a lasting solution to the island's long standing tensions that an economic collapse would only complicate". [03] Community of Sant` Egidio expresses solidarity with the people of CyprusThe Community of Sant`Egidio has expressed its solidarity with the people of Cyprus for the severe test that is living in facing the effects of the crisis."The feeling of bitterness that the Cypriots are living today is not only due to the delicate economic situation but also to the decisions taken to meet the emergency, which appear to have been taken without calculating the consequences on ordinary people, especially the poorest," a press release issued by the Community of Sant` Egidio said. It noted that "drastic decisions such as closing banks and forced withdrawals, impoverish the whole island. Many families bordering the poverty line, businesses close, unemployment grows, people do not see prospects for the future." Cyprus News Agency: News in English Directory - Previous Article - Next Article |
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