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Cyprus News Agency: News in English, 06-12-22

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

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


CONTENTS

  • [01] LILLIKAS - ILLEGAL AIRPORT
  • [02] HOUSE - STATE BUDGET

  • [01] LILLIKAS - ILLEGAL AIRPORT

    Cypriot Foreign Minister George Lillikas said that whoever intends to promote the function of the illegal airport at the Turkish occupied areas of Cyprus, contributes in a practical manner to the division of Cyprus.

    In statements, Lillikas noted that whoever has such intentions, should make serious thoughts regarding the consequences of such an action, not only for Cyprus, but also for their bilateral relations with the Republic of Cyprus.

    Lillikas was commenting on information that members of the British Civil Aviation are making efforts to open the illegal airport at the Turkish occupied areas of Cyprus for international flights.

    There have been some movements on the part of the British authorities, towards European institutions and international organizations for the collection of information regarding the matter, he said.

    After noting that the international community is well aware of the fact that the airport in the occupied areas is illegal, since it violates the international law, and the rules of international organizations and Eurocontrol, he said that he hoped that there would be ``no official governmental effort on the part of Great Britain, or any other country to legalize the illegal airport.

    [02] HOUSE - STATE BUDGET

    The Cyprus House of Representatives after a three-day debate approved late Thursday the state budget for 2007, Cyprus` last budget before its entry to the EU Economic Monetary Union (EMU) on January 1 2008.

    The budget provides for revenues amounting to 3.31 billion Cyprus pounds (one pound trades at approximately 2 US dollars) compared with 3.19 billion pounds during 2006, showing an increase of 3.8%. It also provides for 4.07 billion pounds in expenditure, compared to 4.03 billion pounds in 2006, showing an increase of 0.9%. Furthermore, Cyprus budget deficit projected to drop to 1.5 percent of the gross domestic product this year, almost half a percentage point better than earlier forecasts.


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