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Cyprus News Agency: News in English, 09-07-02

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From: The Cyprus News Agency at <>




    The leaders of the two communities in Cyprus continued Thursday the preliminary exchange of views on the chapter of territory, in the framework of UN-led direct negotiations, which began September 2008 aiming at achieving a mutually agreed settlement to the Cyprus problem.

    In statements to the press after the meeting, UN Secretary-General`s Special Representative to Cyprus Tayee-Brook Zerihoun said that the two leaders, President of Cyprus Demetris Christofias and Turkish Cypriot leader Mehmet Ali Talat held an extended tete - a - tete meeting for one and a half hour, with the participation of their representatives, George Iacovou and Ozdil Nami.

    In that meeting, he said, they discussed the follow-up of the agreement they reached on the opening of the Limnitis Kokkina crossing, to facilitate movement to and from the islands northern Turkish occupied areas.

    They then came to the plenary to continue the preliminary exchange of views on territory. They have now decided to conclude the first reading of the territory, he added.

    Zerihoun announced that the next meeting of the leaders will take place 9th of July, during which they will open the discussion on the security chapter.

    He also said that the leaders decided the dates for their next meetings until October.

    In July, he went on to add, there will be four meetings, (9, 17, 23, 30). In August, due to the summer break, there will be only one meeting on the 6th.

    The leaders will resume their meetings in September 3, 10 and 17. So far they have agreed to meet also on the 2nd of October.

    Zerihoun described as extremely positive the fact that there will be almost ten meetings until October.


    The EU will have a big post-settlement role in Cyprus, to rapidly make the acquis communautaire applicable for the whole island, the Ambassador of Sweden to Cyprus, Ingemar Lindahl, whose country took over the EU presidency on July 1st, has said in an interview with CNA.

    The Ambassador noted that both sides in Cyprus are open to an appropriate EU involvement in efforts to solve the Cyprus problem and the EU has to try to assist with its expertise, something it has already done to some extent.

    Lindahl said that clearly the process for a Cyprus settlement is a Cypriot process within the framework of the good offices of the UN Secretary General, while asked if there should be EU guarantees in case of a settlement, Lindahl noted that the fact that Cyprus is a member of the EU is a guarantee.

    Asked about the opening of more negotiating chapters with Turkey during the Swedish Presidency, Lindahl said there are three chapters that could open during his countrys presidency: Social Policy, Environment and Competition.

    We hope to be able to open a couple of chapters during the Fall, he added, noting that Turkey had to prepare certain legislations. We will try to open all three, if possible. But it depends. It might be only one. We will see, he said.


    Director General of the Cyprus Stock Exchange (CSE) Nondas Metaxas has said that the agreement signed on Wednesday in Greece between the CSE and the Athens Stock Exchange (ASE) to expand their cooperation would be of great benefit to the CSE.

    Metaxas told CNA that the agreement ``bridges a large gap`` which did not allow the CSE to receive the dues on transactions carried out through the ASE for Bank of Cyprus and Marfin Popular Bank bonds.

    He added that the CSE would now receive a substantial percentage on the clearance of daily transactions at the ASE for those bonds.

    Metaxas also said that the agreement provides for dual listing, meaning that the two stock exchanges would be receiving 50% of takings from Cypriot companies entering their stocks in the ASE or Greek companies in the CSE.


    The two-day 4th Historic Car Rally of Platres begins on July 4 with the participation of over 33 crews.

    The Rally is organised by the Friends of Historic and Old Cars (FIPA) and the Cyprus Automobile Association (CAA), in cooperation with the Platres Community Council and the Troodos Tourist Development Company.

    According to a press release, the Rally will start on Saturday from Platres Square, and will cover a total distance of 24.74 km, with two regularity tests.

    Sunday`s route will begin and end in Platres Square, covering a total distance of 85.42 km, with three regularity tests, through villages in the area.

    The Rally is included in the FIVA Calendar as a B event.

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