Cyprus News Agency: News in English, 11-07-22

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

CONTENTS

[01] PRESIDENT EUROZONE SUMMIT

[02] RUSSIA CYPRUS PROBLEM

[03] LEADERS - INTENSIVE TALKS

[04] UK CYPRIOTS EVENT HOUSE OF COMMONS

[01] PRESIDENT EUROZONE SUMMIT

``It was a very important Summit, during which significant decisions were taken regarding Greece`s financial aid package and the eurozone as a whole``, President Christofias noted in statements after the Summit.

He added that everyone acknowledged the difficulties and the need to take measures that would restore the confidence of investors.

President Christofias further described the decision to improve terms on Greece`s bailout loan as a positive development, saying that the new terms would help Greece stabilize its public debt and prevent further degradation of the Greek economy.

The Cypriot President said that the leaders of the 17-nation euro area took a series of measures that would prevent the market instability spreading to the eurozone states.

Moreover, he said that options will be offered to private sector creditors taking part in Greece`s rescue plan.

The eurozone leaders on Thursday pledged to conduct a second bailout of Greece with an extra 109 billion euros of government money, plus a contribution by private sector bondholders estimated to total as much as 50 billion euros by mid-2014.

[02] RUSSIA CYPRUS PROBLEM

Commenting on remarks by Turkish Prime Minister Recep Tayyip Erdogan, Lukasevic said ``the Russian Federation is in favour of the strict compliance by all members without exception of the UN Security Council resolutions for any international or regional problems, including the Cyprus issue.`` ``We are convinced that only this approach will allow the reunification of Cyprus on the basis of a bicommunal bizonal federation, with a single sovereignty, citizenship and international legal status,`` he said, adding that ``at the same time the Russian side is ready to support any other decision acceptable by the two sides.``

He pointed out that ``Russia, as a permanent member of the UN Security Council, provide and will consider to provide support for a just, viable and comprehensive settlement in the benefit of all Cypriots, based on relevant UN Security Council resolutions, high level agreements in Cyprus, and the voluntary, without outside pressure, consensus of the Cypriot communities``. Lukasevic noted that ``the `sensitive material` of the bicommunal talks`` in Cyprus should not be exposed to outside pressure, ``especially under the current circumstances, when the negotiating process is going moving with difficulty,`` adding that ``for the first time in many years the fate of the Cypriot settlement is in the hands of the Cypriots, Greeks and Turks.``

``The key is to help them and not try to substitute the common interests of the Cypriots with the interests of other sides,`` he said.

[03] LEADERS - INTENSIVE TALKS

A press release by the UN Peacekeeping Force in Cyprus (UNFICYP) says that the meeting is the first of a series of all-day meetings to take place over the next several weeks.

In statements after his previous meeting with Eroglu, on the 19th of July, President Christofias had said that they agreed that the intensive talks will be held twice a week, lasting all day, until the end of October.

[04] UK CYPRIOTS EVENT HOUSE OF COMMONS

According to a press release issued by the National Federation of Cypriots in the UK British MPs taking part in the discussion noted among others that the Cyprus issue should become a priority for the British government.

British Minister of State for Transport and Conservative MP Thereza Villiers expressed the view that an invitation should be sent to Cyprus President Demetris Christofias. This view was seconded by conservative MP David Burrowes who also said that the idea has been put to the government and that it has been met with a positive response, adding that the issue will be discussed again with an aim for such a visit to take place soon.

Labour MP Alan Meal agreed with the above calling on the Turkish side to cooperate on the missing persons issue.

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