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Cyprus News Agency: News in English (AM), 01-08-26

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

From: The Cyprus News Agency at <>


  • [01] Overseas Cypriots - Congress
  • [02] House President - Cyprus problem
  • [03] Cyprus - Tax reform - Conference

  • 1250:CYPPRESS:01

    [01] Overseas Cypriots - Congress

    Nicosia, Aug 26 (CNA) -- Representatives of overseas Cypriots have gathered in Nicosia for their biennial world congress that starts here later today.

    During the congress members of the Cypriot communities abroad will be briefed by President of the Republic Glafcos Clerides and Foreign Minister Ioannis Kasoulides on the latest developments in the Cyprus question.

    CNA MK/KST/2001

    [02] House President - Cyprus problem

    Nicosia, Aug 26 (CNA) -- Cyprus House President Demetris Christofias has called on mediators in the Cyprus question to prevent the possibility of Cyprus facing blackmailing dilemmas, in view of its accession to the European Union.

    Speaking during a gathering commemorating the fall to the advancing Turkish troops, that invaded the island in 1974, of the village Aheritou, at the eastern part of the island, Christofias also said that UN-led talks on the Cyprus problem should be conducted on the basis of relevant UN resolutions and High Level Agreements of 1977 and 1979 providing for a bizonal, bicommunal federation, because otherwise they would not be substantive and they would bear no fruit.

    CNA MK/KST/2001

    [03] Cyprus - Tax reform - Conference

    Nicosia, Aug 26 (CNA) -- Cyprus Finance Minister Takis Klerides has said that the reforms to be made on Cyprus tax system will provide for the increase of taxes for the off shore companies, the reduction of taxes for Cypriot companies and mainly for the reduction of taxes for the persons of lower income means.

    Speaking to the press at the conclusion of a two-day conference held yesterday and the day before in Nicosia "for the consideration of tax aspects of Cyprus as an International Business Centre joining the EU and efforts to eliminate harmful taxation", Klerides also expressed optimism that a substantive tax reform would be reached and solutions would be found on the issue of the off shore companies taxation.

    CNA MK/KST/2001
    Cyprus News Agency: News in English Directory - Previous Article - Next Article
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