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Cyprus News Agency: News in English (AM), 98-02-20

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

From: The Cyprus News Agency at <>


  • [1] Central Bank - Government Stock [2] UN chief reports on UNFICYP
  • [03] Cyprus to extradite Russian to Belgium

  • 1100:CYPPRESS:01

    [01] Central Bank - Government Stock

    Nicosia, Feb 20 (CNA) -- The Central Bank of Cyprus offers by auction on a bid-price basis of up to 25 million Cyprus pounds 7,00 per cent Government Registered Development Stock (GRDS).

    The date of issue of the stock is March 3, 1998 with repayment at par in ten years, a Central Bank press release says.

    The Bank offers also by auction on a bid-price basis of up to 20 million pounds 6,75 per cent GRDS with date of issue January 29, 1998 and repayment at par in five years (one Cyprus pound is equal to 1,88 US dollars).

    According to the Central Bank, bids for both types of GRDS will be accepted between February 20 and 27.

    CNA GG/GP/1998

    [02] UN chief reports on UNFICYP

    Nicosia, Feb 20 (CNA) -- A UN report estimates that the cost of maintaining the UN peace-keeping force in Cyprus (UNFICYP) for the 12-month period from July this year to June 1999 amounts to 45,436,200 US dollars gross.

    UN Secretary-General Kofi Annan's report on the financing of UNFICYP said this amount reflects an overall decrease of 5.3 per cent in gross terms when compared with the resources approved for the preceding 12-month period.

    The cost estimates provide for maintaining the Force, consisting of 1.230 contingent personnel and 35 civilian police monitors and supported by 351 (44 international and 307 local) civilian staff.

    The 45-page report deals with the Force's political mandate, operations, financial status and personnel matters and points out that the action to be taken by the UN General Assembly at its resumed 52nd session in connection with UNFICYP financing is subject to extension of the Force by the Security Council.

    Referring to UNCIVPOL (UN civilian police), it notes that its responsibility is to maintain "close cooperation and liaison with Greek Cypriot and Turkish Cypriot police" on matters such as assisting investigations, contributing to law and order in the buffer zone and assisting UNFICYP humanitarian activities.

    The report also notes the 1993 decision of the General Assembly that costs of the Force should be treated as expenses of the Organisation to be borne by member states and not as previous arrangements set out, by the governments providing contingents, the Cyprus government and voluntary contributions to the Force.

    The governments of Cyprus and Greece made voluntary contributions amounting to 21,321,234 US dollars in 1997. Cyprus paid up 14,821,234 dollars and Greece 6,5 million.

    The current composition of the Force, according to the 13 February report, is as follows: Argentina 411, Austria 258, Canada 2, Finland 1, Hungary 105, Ireland 31, Slovenia 10 and the UK 411.

    CNA MM/GP/1998

    [03] Cyprus to extradite Russian to Belgium

    Nicosia, Feb 20 (CNA) -- A Russian national, Oleg Diakonenkov, 28, who was arrested last year in Cyprus, will be extradited to Belgium to be tried for the murder of another Russian, Vladimir Missiurin.

    Larnaca District Court approved Diakonenkov's extradition, complying with the Republic's obligations under European conventions.

    Missiurin was murdered in Belgium on December 18, 1994 and Diakonenkov was arrested on August 28 last year at Larnaca airport, on his arrival for holiday with his family.

    Diakonenkov was accompanied to Court by his wife and son, who have been living in Limassol since he was arrested.

    CNA GG/GP/1998
    Cyprus News Agency: News in English Directory - Previous Article - Next Article
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