Cyprus News Agency: News in English, 04-08-25

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

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

CONTENTS

[01] US accuses bank in Turkish-occupied Cyprus of money laundering

[02] Watermelons and gray soil transferred yesterday from north to south

[03] Cyprus Stock Exchange

[04] Weather and Temperatures for Cyprus

[05] Cyprus President visits Olympic Village, congratulates athletes

[01] US accuses bank in Turkish-occupied Cyprus of money laundering

1110:CYPPRESS:01

US accuses bank in Turkish-occupied Cyprus of money laundering

Nicosia, Aug 25 (CNA) -- US Treasury Department has designated two banks, one of them operating in Cyprus' Turkish-occupied areas, as financial institutions of ''primary money laundering concern''.

A press release issued by the Treasury Department said ''in another step to protect the integrity of the US financial system and identify rogue financial institutions, the US Department of the Treasury today (yesterday) designated two foreign banks First Merchant Bank of the 'Turkish Republic of Northern Cyprus' ('TRNC') and Infobank of Belarus as financial institutions of 'primary money laundering concern,' pursuant to Section 311 of the USA PATRIOT Act.''

[02] Watermelons and gray soil transferred yesterday from north to south

1345:CYPPRESS:02

Watermelons and gray soil transferred yesterday from north to south

Nicosia, Aug 25 (CNA) -- Two Greek Cypriot and one Turkish Cypriot trucks carrying products crossed yesterday the dividing line in Cyprus, thus implemetning the "Green Line" regulation adopted by the EU, Cyprus' Commerce, Industry and Tourism Minister George Lillikas told CNA today, adding that ''the three lorries were allowed to travel without any problem.''

Lillikas said that two Greek Cypriot lorries passed yesterday afternoon to Cyprus' Turkish occupied areas and returned to the government-controlled areas carrying watermelons while the Turkish Cypriot truck travelled to the government-controlled areas carrying gray soil.

He noted that the Cyprus government has ascertained that both Greek Cypriots and Turkish Cypriots are interested in trade transactions between them, noting that on behalf of the Cyprus Republic the whole procedure goes on smoothly and according to the EU regulation.

He assured that the government will do everything possible ''to facilitate these transactions because we believe that they bring the two communities closer and create a positive environment and conditions that will help finding a solution to the Cyprus problem that is our ultimate goal.''

[03] Cyprus Stock Exchange

1505:CYPPRESS:03

Cyprus Stock Exchange

Nicosia, Aug 25 (CNA) - The Cyprus Stock Exchange (CSE) All Share
Index closed at today's stock exchange meeting as follows:

CSE General Index                               75,34   ( 0,92)

Traded Value                  CYP     276.187

FTSE/CYSE 20                  CYP     170.820  336,37   ( 1,47)
FTSE Med 100                                 5.894,28   ( 1,08)

Sectoral Indices

Banks                         CYP     151.107   97,97   ( 1,61)
Approved Investment
Companies                 CYP      23.641   72,14   ( 0,43)
Insurance Companies           CYP         105   12,48   (-1,19)
Manufacturing Companies       CYP       8.295   46,57   ( 0,47)
Tourism Companies             CYP       4.735   45,67   ( 1,42)
Trading Companies             CYP      49.429   20,98   ( 0,33)
Building and Cement Companies CYP           0   61,56   (-0,06)
Énformation Technology
Companies                 CYP       7.945    2,43   ( 0,83)
Financial Services Companies  CYP       5.273    6,85   ( 0,74)
Fish Culture Companies        CYP           0   10,75   (-1,01)
Hotels                        CYP       1.165   27,25   ( 0,37)
Other Companies               CYP      17.014   61,40   (-0,10)

* The third column presents the percentage variation of

[04] Weather and Temperatures for Cyprus

1530:CYPPRESS:04

Weather and Temperatures for Cyprus

Nicosia, Aug 25 (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                 38            22          FINE
Larnaca                 33            22          FINE
Limassol                34            23          FINE
Paphos                  29            19          FINE

[05] Cyprus President visits Olympic Village, congratulates athletes

1950:CYPPRESS:05

Cyprus President visits Olympic Village, congratulates athletes

By Gregoris Savva

Athens, Aug 25 (CNA) Cyprus President Tassos Papadopoulos told Cypriot and Greek athletes at the Olympic Village that what matters is competing in the spirit of fair play.

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