Cyprus News Agency: News in English, 04-07-08

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

CONTENTS

[01] Cyprus welcomes the Olympic Torch

[02] Cyprus Government says EU measures cultivate divisionist tendencies

[03] Olympic Flame starts trip through Cyprus

[04] Weather forecast for Cyprus

[05] Cyprus Stock Exchange

[06] EU direct trade regulation politically motivated, Iacovou says

[07] Olympic Flame continues its journey around Cyprus

[08] Weather and Temperatures for Cyprus

[09] Olympic Torch in Nicosia, welcomed by Cyprus President

[01] Cyprus welcomes the Olympic Torch

0830:CYPPRESS:01

Cyprus welcomes the Olympic Torch

Paphos, Jul 8 (CNA) The Olympic Torch has arrived in Cyprus, final stop in its long journey back to Athens.

The plane ''Zeus'', carrying the Olympic Torch landed at Paphos airport at 0830 local time (0530 GMT) where the Olympic Flame received a red carpet welcome, normally accorded to heads of state.

[02] Cyprus Government says EU measures cultivate divisionist tendencies

1210:CYPPRESS:02

Cyprus Government says EU measures cultivate divisionist tendencies.

Nicosia, Jul 8 (CNA) - The Cyprus government considers that the aid and trade measures adopted Wednesday by the European Commission for the benefit of Turkish Cypriots have positive points but also elements which cultivate divisionist tendencies on the island.

Government Spokesman Kypros Chrysostomides, in his first comments on the package approved yesterday by the EU commission in Brussels and presented to the press by enlargement commissioner Guenther Verheugen, noted that the Cyprus government has repeatedly expressed its agreement with measures supporting the economic development of Turkish Cypriots.

He said such measures should aim at the economic integration of the Greek and Turkish Cypriot communities and serve the ultimate objective of reunification of Cyprus, divided since the Turkish invasion in 1974.

[03] Olympic Flame starts trip through Cyprus

1215:CYPPRESS:03

Olympic Flame starts trip through Cyprus

Paphos, Jul 8 (CNA) Hundreds of tourists gathered at the castle of the western coastal town of Paphos to watch the welcome ceremony of the Olympic Torch, before it started its relay in Cyprus.

In his address Paphos Mayor Fidias Sarikas said the city with its 2.300 history is an ideal venue to welcome the Flame and to comprehend the message and the ideals of the Olympic Games.

[04] Weather forecast for Cyprus

1240:CYPPRESS:04

Weather forecast for Cyprus

Nicosia, Jul 8 (CNA) -- The Meteorological Office at Larnaca International Airport has issued the following weather forecast for Cyprus:

Tuesday and Wednesday: 09/7/2004 to 10/7/2004 ----------------------

The weather will be fine but humid overnight, especially near the coastline. Winds will be gentle to moderate, sea breezes during day becoming light catabatic overnight. Temperature will range form 22-38 inland and 22-34 to all other areas on Friday while an increase of about 1 to 2 degrees is expected on Saturday.

Outlook for Thursday and Friday: 11/7/2004 to 12/7/2004

Same weather conditions are expected on Sunday and Monday with a small further increase on temperatures.

[05] Cyprus Stock Exchange

1500:CYPPRESS:05
Cyprus Stock Exchange
Nicosia, Jul 8 (CNA) - The Cyprus Stock Exchange (CSE) All Share
Index closed at today's stock exchange meeting as follows:

CSE General Index                               73,30   ( 0,47)

Traded Value                  CYP     225.887

FTSE/CYSE 20                  CYP     150.332  324,35   ( 0,79)
FTSE Med 100                                 6.328,90   (-0,17)

Sectoral Indices

Banks                         CYP     133.261   94,36   ( 0,81)
Approved Investment
Companies                 CYP      31.022   71,91   (-0,50)
Insurance Companies           CYP       2.010   11,29   (-1,91)
Manufacturing Companies       CYP       1.473   46,80   ( 0,99)
Tourism Companies             CYP       1.726   46,06   ( 2,17)
Trading Companies             CYP      15.611   20,57   ( 0,00)
Building and Cement Companies CYP       2.869   62,15   ( 0,31)
Énformation Technology
Companies                 CYP       3.012    2,33   ( 1,30)
Financial Services Companies  CYP       7.008    6,94   (-1,28)
Fish Culture Companies        CYP           0   11,20   ( 0,54)
Hotels                        CYP       4.236   24,95   (-2,54)
Other Companies               CYP      19.693   60,21   ( 1,04)

* The third column presents the percentage variation of

[06] EU direct trade regulation politically motivated, Iacovou says

1515:CYPPRESS:06

EU direct trade regulation politically motivated, Iacovou says

Nicosia, Jul 8 (CNA) --- A proposal by the European Commission for direct trade between Brussels and Cyprus' northern Turkish-occupied areas has political motives, Cyprus Foreign Minister George Iacovou said today.

''I believe that the Regulation regarding direct trade was not necessary. Brussels should have given a certain period of time, to allow the Green Line Regulation (on inter-island trade across the demarcation line dividing the country) to take effect,'' Iacovou said.

He added that additional discussions on trade matters involving the Turkish Cypriots could take place in the event that this specific regulation did not work out.

[07] Olympic Flame continues its journey around Cyprus

1640:CYPPRESS:07

Olympic Flame continues its journey around Cyprus

Limassol, Jul 8 (CNA) --- The coastal town of Limassol welcomed today the Olympic Torch, which is currently making its way to the divided capital of Nicosia.

Hundreds of people gathered at an area near the coast to watch the Olympic Flame welcoming ceremony, which included a program by the Aris Limassol Choir and the hoisting of the Olympic Flag.

[08] Weather and Temperatures for Cyprus

1850:CYPPRESS:08

Weather and Temperatures for Cyprus

Nicosia, Jul 8 (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                 39            20          FINE
Larnaca                 32            21          FINE
Limassol                34            21          HAZY
Paphos                  30            21          FINE

[09] Olympic Torch in Nicosia, welcomed by Cyprus President

1950:CYPPRESS:08

Olympic Torch in Nicosia, welcomed by Cyprus President

Nicosia, Jul 8 (CNA) The Olympic Flame, symbol of peace, arrived in the last divided capital of Europe, greeted by hundreds of people who were touched to see it in their city.

The Olympic Flame traversed the city and ended up at the Presidential Palace where President of the Republic Tassos Papadopoulos, thronged by government officials and people who went to the Palace to witness the flame, welcomed athlete Iro Mitsidou, who carried the Flame.

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