Cyprus News Agency: News in English, 10-11-17

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

CONTENTS

[01] PRESIDENT - PROPOSALS - NEW YORK MEETING

[02] UK - CYPRUS ISSUE

[03] ROMPUY - TURKEY - EU

[04] GOVERNMENT - S&P RATING

[01] PRESIDENT - PROPOSALS - NEW YORK MEETING

Referring to Thursday`s meeting in New York between UN Secretary General Ban Ki Moon, President Christofias and Turkish Cypriot leader Dervis Eroglu, Christophides said the Greek Cypriot side was going to the meeting well-prepared, with an aim to pave the way for a solution to the Cyprus problem.

Replying to questions, Christophides said ``the triptych of proposals submitted by the President of the Republic offers a way out for various issues concerning the Cyprus problem.``

``These proposals are gaining ground internationally,`` he said.

Asked about Thursday`s meeting in New York, Christophides said ``our side is going to this meeting very well-prepared, it knows what it is pursuing and will try to achieve it, with an aim to pave the way that will lead to that which is the strategic aim of our side, the solution of the Cyprus problem.``

[02] UK - CYPRUS ISSUE

It is an important thing that is happening, it is a good sign that the UN, not just Alexander Downer but the UNSG himself is interested and wants to help the process go forward, he said.

The British diplomat said British Prime Minister David Cameron, who had a telephone conversation with the Cypriot President, supports President Christofias in his efforts to reach a solution in Cyprus.

He also noted that Thursdays meeting is a good opportunity for the two sides to discuss with the UN Secretary General whether they have been able to make progress whether they are working on making further progress and I hope that they will be able with his help to identify how they can continue to make progress in the future.

[03] ROMPUY - TURKEY - EU

Speaking at the European Policy Centre (EPC), Van Rompuy noted that accession negotiations with Ankara continue despite the fact that there are many obstacles relating to member states.

He also said that all these problems must be solved and underlined that Turkey must understand that as a member state it will not be able to behave differently than other member state.

With regard to prospects for Turkeys EU accession course, Rompuy stressed that EU-Turkey negotiations are open ended. He added that there is no real agreement within the EU concerning the best formula-accession or another formula.

[04] GOVERNMENT - S&P RATING

He pointed out that now was the time for a new package of measures, which would decisively contribute towards fiscal consolidation and strengthening the prospects of economic growth.

``The negative development with the downgrading of the credit rating of the Republic of Cyprus by Standard and Poor`s is based on the assessment regarding the large size of the banking sector in Cyprus, in comparison with the size of the Cypriot economy, and the activities of Cypriot banks in Greece,`` he said.

He added that ``the observations of Standard and Poor`s contain positive and hopeful assessments for the Cypriot economy.``

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