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Cyprus News Agency: News in English, 06-12-06

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 PRESIDENT - FRANCO-GERMAN PROPOSAL
  • [02] CYPRUS FM - TURKEY - EU
  • [03] CENTRAL BANK - SERBIA

  • [01] CYPRUS PRESIDENT - FRANCO-GERMAN PROPOSAL

    Franco-German proposal relating to a re- assessment of Turkey by the European Union, sometime in the future, has no specific date for the evaluation, Cyprus President Tassos Papadopoulos has said.

    He explained that the said proposal does not refer to a reevaluation of Ankara`s accession course in 2009 but to the period after the Turkish elections and before the European Parliament elections.

    Asked whether the proposal refers to the reevaluation of Turkey in the spring of 2009, Papadopoulos said: ``That`s not what the suggestion said. What it says is after the Turkish elections and before the European elections. The period is not clarified. It may be right after. It has not been decided. The proposal does not talk about 2009.

    Invited to say if the suggestion provides for sanctions against Turkey, Papadopoulos said the text of the proposal has not yet been finalized. As it stands, it reflects the opinion of the two countries. I wish it is accepted.

    Asked when it will be finalized, Papadopoulos replied: December 14 and 15, when the European Council will meet in Brussels.

    German Chancellor Angela Merkel on Tuesday called for a progress report on Turkey`s troubled EU candidacy before spring 2009.

    ``We will campaign for the European Commission to draft a report some time between the elections in Turkey in autumn 2007 and the European elections in spring 2009,`` Merkel said after talks with the presidents of France and Poland.

    French President Jacques Chirac said he backed Merkel`s proposal for a progress report on Turkey`s membership bid.

    [02] CYPRUS FM - TURKEY - EU

    The Cyprus government said that a Franco-German proposal as regards EU - Turkey relations is important in that it suggests a new evaluation of Turkey`s European course.

    Cypriot Foreign Minister George Lillikas said that without a new date and a time-frame for the evaluation, Turkey will have no incentive to meet its obligations.

    He acknowledged that there are big countries, inside and outsode the EU who do not favor a deadline for Turkey, countries which exercise significant pressure on EU allies or have important means and ways to offer their allies things in return or deprive them of benefits.

    [03] CENTRAL BANK - SERBIA

    The Central Bank of Cyprus and the National Bank of Serbia have signed a Memorandum of Understanding, with a view of facilitating the consolidated supervision of cross-border establishments and ensuring the safe and sound functioning of credit institutions in their respective countries, in accordance with their national laws and regulations.

    According to a press release by the Central Bank of Cyprus, the two Banks have signed the MOU ``expressing their mutual interest and willingness in establishing and promoting bilateral ties in supervising credit institutions.``

    The Memorandum of Understanding was signed on behalf of the Central Bank of Cyprus by its Governor Christodoulos Christodoulou and on behalf of the National Bank of Serbia by its Governor Radovan Jelasic.


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