Cyprus News Agency: News in English (PM), 98-07-06

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

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

CONTENTS

[01] Cyprus Stock Exchange

[02] Cypriot MP's in OSCE session

[03] Spanish university acquires new centre

[04] Defence Minister to visit Russia

[05] Security Council appeals for direct talks

1530:CYPPRESS:01

[01] Cyprus Stock Exchange

   CSE General Index                          84.47 ( 0.18)

   Traded Value            CYP   954,087

   Sectural Indices

   Banks                   CYP   495,956      98.25 ( 0.00)
   Approved Investment
   Companies               CYP    16,509      59.13 ( 0.42)
   Insurance Companies     CYP    38,635      61.39 ( 0.18)
   Manufacturing Companies CYP    30,973      77.59 ( 1.02)
   Tourism Companies       CYP    16,284      69.69 ( 0.35)
   Trading Companies       CYP    66,690      44.92 (-0.55)
   Other Companies         CYP    99,128      70.89 ( 1.01)

CNA MM/1998

ENDS, CYPRUS NEWS AGENCY

1430:CYPPRESS:02

[02] Cypriot MP's in OSCE session

The delegation comprises MPs Markos Kyprianou, Isidoros Makrides, and Giorgos Lillikas.

The main issue of the session is the "Development of structures, institutions and prospects of the OSCE".

During the three general committees of the session, as well as the plenary session, discussions will be held on the current institutional situation in the Organisation and the possibilities of further improving it, in order to strengthen the trustworthiness and efficiency of the OSCE.

Special emphasis will be given to monitoring and maintaining faithful compliance of the participating states to the principles and obligations of the Organisation.

During the session, elections will be held for the presidency of the Assembly, and the replacement of a number of Vice-Presidents, whose terms end.

CNA RG/GP/1998

ENDS, CYPRUS NEWS AGENCY

1435:CYPPRESS:03

[03] Spanish university acquires new centre

The founding act was signed yesterday at the Granada University. The Centre will operate as from the next academic year.

CNA RG/GP/1998

ENDS, CYPRUS NEWS AGENCY

1600:CYPPRESS:04

[04] Defence Minister to visit Russia

Omirou, who announced the visit today at a press conference, said he will discuss issues of mutual interest in the light of an existing agreement for military and technical cooperation between the two countries, dating to 1996.

Asked to comment on reports that Greek Minister of Defence Akis Tsohatzopoulos will visit Cyprus soon, Omirou said "there are prospects for such a visit", but this depends on Tsohatzopoulos' schedule.

Cyprus President Glafcos Clerides will also visit Moscow from 11-14 July 1998, at the invitation of Moscow Mayor Yuri Ruskov as guest of honour at the World Youth Games, to take place in the Russian capital.

During his stay in Moscow President Clerides will meet Russian President Boris Yeltsin.

The Cyprus government has ordered the Russian-made S-300 surface-to-air missile system in 1997 in a bid to boost its air defence. Turkey has threatened to take "necessary measures" if the system is deployed.

Asked whether Clerides' and Omirou's visits to Russia may be related to the purchase of the missiles and thus lead to tension, Government Spokesman Christos Stylianides said it was clear the government does not intend to create tension itself.

The spokesman pointed out President Clerides will visit Moscow at the invitation of the city mayor, while Omirou's visit is related to a cooperation agreement. Turkish troops have been occupying 37 per cent of Cyprus territory since 1974, in violation of repeated UN resolutions calling for their withdrawal.

CNA GG/MM/1998

ENDS, CYPRUS NEWS AGENCY

1930:CYPPRESS:05

[05] Security Council appeals for direct talks

The appeal was made in New York after the 15-member Council was briefed by UN special advisor for Cyprus, Diego Cordovez, on his recent meetings with President Glafcos Clerides and Turkish Cypriot leader Rauf Denktash.

Russian Ambassador to the UN, and current president of the Council, Sergei Lavrov, told reporters the body "calls for the resumption, as soon as possible, of the face-to-face talks between the two leaders."

Lavrov said Cordovez basically "touched base" with the two sides in Cyprus to explore prospects for the resumption of direct negotiations.

Cordovez told a press conference here on Saturday he will return to the island in September to start a dialogue and appeared hopeful he can achieve this goal.

Denktash said last December he would not go back to the negotiating table until his self-styled illegal regime in the Turkish occupied north of Cyprus is recognised by the international community and until Cyprus withdraws its application for accession to the European Union.

CNA MM/EC/1998

ENDS, CYPRUS NEWS AGENCY

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