Cyprus News Agency: News in English (PM), 00-08-31

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

CONTENTS

[01] State budget - Finance minister

[02] President Clerides - Greek - Turkish Cypriot businessmen

[03] Weather and Temperatures for Cyprus

[04] Cyprus Stock Exchange

[05] Spokesman - Cyprus - Turkey

[06] Agreement - Mediterranean Plane Tour

1500:CYPPRESS:01

[01]

Nicosia, Aug 31 (CNA) - The cabinet approved today the 2001 state budget, which provides for 2.417,0 million Cyprus pounds in expenditure and 1.576,0 m. in revenue, and will then be tabled to the House for approval, Finance Minister Takis Klerides announced here today after a two-hour long meeting (one Cyprus pounds is about two US dollars).

He said the satisfactory development in 2000 does not justify complacency and predicted "encouraging prospects for 2001" with an estimated rate of growth at 4,5 per cent and unemployment falling to around 3,3 per cent.

CNA MM/GP/2000

ENDS, CYPRUS NEWS AGENCY

1630:CYPPRESS:02

[02]

Íicosia, Aug 31 (CNA) -- President of the Republic Glafcos Clerides expressed today his full support to the workings of the Brussels Group, comprising Greek and Turkish Cypriot businessmen.

The Turkish Cypriots also raised the issue of what they call an economic embargo, which they believe Greek Cypriots are imposing on them but is essentially a direct result of the continuing Turkish occupation of the island's northern areas, and they demanded that it be lifted.

CNA/ITS/RM/MM/2000

ENDS, CYPRUS NEWS AGENCY

1715:CYPPRESS:03

[03]

Nicosia, Aug 31 (CNA) -- Today's weather and temperatures for Cyprus, according to the Meteorological Service at Larnaca International Airport are:

Temperatures (degrees Celcius)
---------------------------------------------------------------
Station               Maximum     Minimum       Weather
                                        (At 1200 UTC)
---------------------------------------------------------------
Nicosia                  33         23             FINE
Larnaca                  33         24             FAIR
Limassol                 33         22             FINE
Paphos                   31         22             FINE
---------------------------------------------------------------

ENDS, CYPRUS NEWS AGENCY

[12]

Nicosia, Aug 31 (CNA) -- The Cyprus Stock Exchange (CSE) All Share Index closed at today's stock exchange meeting as follows:

CSE General Index                         370.63 (-1.67)
Traded Value            CYP 21,226,688

Sectural Indices

Banks                   CYP  6,576,625    458.94  (-1.17)
Approved Investment
Companies               CYP  1,365,433    258.58  (-2.12)
Insurance Companies     CYP    256,156    228.50  (-1.53)
Manufacturing Companies CYP    974,277    123.37  (-0.54)
Tourism Companies       CYP  1,441,827    312.65  (-1.18)
Trading Companies       CYP    797,452    123.12  (-1.50)
Other Companies         CYP  8,998,582    419.36  (-2.96)
Offshore Companies                        105.00  ( 0.00)

CNA/ÌÌ/2000

ENDS, CYPRUS NEWS AGENCY

1945:CYPPRESS:05

[05]

Nicosia, Aug 31 (CNA) -- Government Spokesman Michalis Papapetrou has described as totally unacceptable remarks by the Turkish Cypriot leader that the UN- sponsored peace talks would come to an end, if Cyprus moves closer to joining the European Union's military army.

"This is also a provocation for the EU, a kind of censure against the EU and an attempt to direct its procedures," Papapetrou said, stressing that Cyprus' accession is not subject to the consent or the terms or threats of any other third country, let alone a non recognised state entity.

CNA MM/RM/2000

ENDS, CYPRUS NEWS AGENCY

2000:CYPPRESS:06

[06] Agreement - Mediterranean Plane Tour

Speaking after a ceremony at Larnaca airport, Neophytou said Cyprus could not be absent from such an effort which aims at promoting equality and coordination among the people of the Mediterranean, even though Cyprus still has to deal with the continuous occupation of Turkish troops since they invaded the island in 1974.

CNA/MAN/RM/MM/2000 EDNS, CYPRUS NEWS AGENCY CNA ENDS

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