Cyprus News Agency: News in English, 04-06-23

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

CONTENTS

[01] Cyprus President to hold talks with Portugues leaders

[02] US Congresspersons appeal to Bush, Annan, Powell on Cyprus

[03] Competition Commission fines three big banks

[04] Bank of Cyprus says fine has no impact on Group's 2004 results

[05] Cyprus President begins visit to Portugal

[06] President Papadopoulos holds talks with Portuguese Prime Minister

[07] Cyprus Stock Exchange

[08] Weather and Temperatures for Cyprus

[09] Law office to consider changes for T/C participation in elections

[10] Cypriot President meets Portuguese Prime Minister in Lisbon

[11] French senators begin visit to Cyprus

[12] Cyprus and Portugal sign their first bilateral agreement

[01] Cyprus President to hold talks with Portugues leaders

0830:CYPPRESS:01

Cyprus President to hold talks with Portuguese leaders

by Athena Arsalidou

Lisbon, Jun 23 (CNA) -- Cyprus President Tassos Papadopoulos arrived last night in Portugal for talks with the Portuguese leaders, at the invitation of Premier Jose Manuel Durao Barroso.

CNA has learnt that the Cyprus President's visit to Portugal has been upgraded according to the protocol that applies to state visits, underscoring the excellent bilateral relations.

President Papadopoulos will meet with Portuguese President Jorge Sampaio, Premier Barroso, and President of the Portuguese Parliament Mota Amaral.

The issues on the agenda of the talks include bilateral relations, EU matters and international issues such as Iraq and combating terrorism. Cyprus President will also have the chance to brief the Portuguese leaders on recent developments in the Cyprus issue.

Cyprus Foreign Minister George Iacovou, who is also in Portugal, will sign a bilateral agreement with his Portuguese counterpart Teresa Gouveia, in the fields of culture, sciences, technology and education.

President Papadopoulos arrived last night at Lisbon airport, where he was met by Director of Protocol of the Portuguese Foreign Ministry and Cyprus' Ambassador in Lisbon Thalia Petrides.

The Cypriot President and his wife Fotini will meet with the Presidential couple of Portugal at 1100 local time. Talks will follow between President Papadopoulos and President Sampaio with the participation of their respective delegations.

At 1200 the Cyprus delegation will depart for the Premier's Office, where Cyprus President will have a private meeting with Premier Barroso followed by talks between the two countries' delegations.

Talks will continue during a working lunch in honour of President Papadopoulos, hosted by Premier Barroso.

At 1700 local time the Cypriot President will meet with President of the Portuguese Parliament Mota Amaral.

President Papadopoulos is accompanied by Foreign Minister George Iacovou, Director of the President's Diplomatic Office Tasos Tzionis, Ambassador of Cyprus to Portugal Thalia Petrides and other officials.

[02] US Congresspersons appeal to Bush, Annan, Powell on Cyprus

1030:CYPPRESS:02

US Congresspersons appeal to Bush, Annan, Powell on Cyprus

by Apostolis Zoupaniotis

New York, Jun 23 (CNA) -- The Co-Chairs of the Congressional Caucus on Hellenic Affairs Michael Bilirakis and Carolyn Maloney have asked their colleagues in the US House of Representatives to join with them in signing on to three letters to President George Bush, UN Secretary-General Kofi Annan, and Secretary of State Colin Powell regarding the current state of the Cyprus situation.

The letters call on all three to reengage in a fresh effort to find a just and viable settlement in Cyprus and point out that the rejection of a UN proposed solution plan (the Annan plan) was not a refusal to find a negotiated settlement.

Already 74 members of the US House of Representatives have signed the letters.

[03] Competition Commission fines three big banks

1125:CYPPRESS:03

Competition Commission fines three big banks

Nicosia, Jun 23 (CNA) -- The Commission for the Protection of Competition has fined the island's three major banking institutions a total amount of five million pounds (one pound is trading at 1.5 US dollars) for collusion among them to fix interest rates, a move which in turn created a cartel against the interests of the consumer.

[04] Bank of Cyprus says fine has no impact on Group's 2004 results

1220:CYPPRESS:04

Bank of Cyprus says fine has no impact on Group's 2004 results

Nicosia, Jun 23 (CNA) -- There has been no impact on the Bank of Cyprus Group's results for 2004 because of the fine imposed

[05] Cyprus President begins visit to Portugal

1335:CYPPRESS:05

Cyprus President begins visit to Portugal

by Athena Arsalidou

Lisbon, Jun 23 (CNA) -- Cyprus President Tassos Papadoupolos arrived at the Presidential Palace Palacio de Belem for a meeting with Portugal's President Jorge Sampaio.

[06] President Papadopoulos holds talks with Portuguese Prime Minister

1500:CYPPRESS:06

President Papadopoulos holds talks with Portuguese Prime Minister

By Athena Arsalidou

Lisbon, Jun 23 (CNA) -- Cyprus President Tassos Papadopoulos and Portugal's Prime Minister Jose Manuel Durrao Barroso were holding talks in Lisbon on a number of issues, including EU matters and the Cyprus problem.

The Cypriot President was welcomed at the steps of the Premier's Office by himself the Prime Minister of Portugal.

Official talks with the participation of the Cypriot and Portuguese delegations on issues concerning bilateral relations, EU, international matters, followed a private meeting between the two leaders.

President Papadopoulos was due to brief Premier Barroso on recent developments in the Cyprus problem.

Taking part in the discussions were, on behalf of Cyprus, Foreign Minister George Iacovou, Director of the Diplomatic office of the President Tasos Tzionis and Ambassador in Lisbon Thalia Petrides.

[07] Cyprus Stock Exchange

1510:CYPPRESS:07

Cyprus Stock Exchange

Nicosia, Jun 23 (CNA) - The Cyprus Stock Exchange (CSE) All Share
Index closed at today's stock exchange meeting as follows:

CSE General Index                               74,81   ( 0,32)

Traded Value                  CYP     128.369

FTSE/CYSE 20                  CYP      74.863  331,35   (-0,08)
FTSE Med 100                                 6.408,02   ( 0,07)

Sectoral Indices

Banks                         CYP      54.392   96,40   ( 0,39)
Approved Investment
Companies                 CYP       9.041   71,89   ( 0,57)
Insurance Companies           CYP         586   11,83   ( 3,23)
Manufacturing Companies       CYP       3.740   49,27   (-0,42)
Tourism Companies             CYP       1.148   44,75   ( 0,58)
Trading Companies             CYP       5.648   20,55   ( 0,00)
Building and Cement Companies CYP       1.890   63,09   ( 0,38)
Énformation Technology
Companies                 CYP         972    2,22   ( 0,45)
Financial Services Companies  CYP       6.059    7,10   (-0,28)
Fish Culture Companies        CYP          25   11,26   ( 0,90)
Hotels                        CYP       5.977   25,07   ( 0,44)
Other Companies               CYP      37.350   61,70   ( 0,44)

* The third column presents the percentage variation of

[08] Weather and Temperatures for Cyprus

1525:CYPPRESS:08

Weather and Temperatures for Cyprus

Nicosia, Jun 23 (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            21          FAIR
Larnaca                 28            21          FAIR
Limassol                29            21          FINE
Paphos                  27            19          FINE

[09] Law office to consider changes for T/C participation in elections

1635:CYPPRESS:09

Law Office to consider changes for T/C participation in elections

Nicosia, Jun 23 (CNA) -- The Law Office of the Republic of Cyprus is examining ways to regulate the current law regarding the participation of Turkish Cypriots in elections, Government Spokesman Kypros Chrysostomides said today.

[10] Cypriot President meets Portuguese Prime Minister in Lisbon

1805:CYPPRESS:10

Cypriot President meets Portuguese Prime Minister in Lisbon

By Athena Arsalidou

Lisbon, Jun 23 (CNA) - Cypriot President Tassos Papadopoulos and Portuguese Prime Minister Jose Manuel Durao Barroso made here today a special reference to the excellent relations between their countries and underlined the prospects of further enhancing them, especially in the fields of commerce and economy.

In statements to the press, both President Papadopoulos and Premier Barroso noted the importance of today's signing of the first bilateral agreement between both countries, that would include cooperation in the areas of culture, education, sports, media, sciences and technology.

[11] French senators begin visit to Cyprus

1810:CYPPRESS:11

French senators begin visit to Cyprus

Nicosia, Jun 23 (CNA) -- Acting President of the Republic Demetris Christofias assured a delegation of the Cyprus-France Friendship Group of the French Senate currently visiting Cyprus, that Greek Cypriots remain committed to a bizonal, bicommunal federal solution.

The French delegation, headed by Andre Rouviere, is visiting Cyprus at the invitation of the House of Representatives.

[12] Cyprus and Portugal sign their first bilateral agreement

1910:CYPPRESS:12

Cyprus and Portugal sign their first bilateral agreement

by Athena Arsalidou

Lisbon, Jun 23 (CNA) - Cyprus and Portugal signed here today their first bilateral agreement.

The agreement provides for cooperation in the fields of culture, technology, sciences, education, sports and mass media, and was signed this afternoon in Portugal by Cypriot Minister of Foreign Affairs George Iacovou and Portuguese Deputy Minister of Foreign Affairs Manuella Franco.

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