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Cyprus News Agency: News in English, 11-04-19
CONTENTS
[01] IPU CYPRUS PROBLEM
[02] STATISTICAL SERVICE DEFICIT
[01] IPU CYPRUS PROBLEM
The Monitoring Committee of the Interparliamentary Union, currently
holding its 124th session in Panama, has met, with the participation of
a delegation from the Cyprus House of Representatives and
representatives of Turkish Cypriot political parties.
An official statement, said that during the meeting, Cypriot
parliamentarians referred to the ongoing direct talks to solve the
Cyprus problem between the leaders of the two communities in Cyprus and
stressed the need for a viable, functional, just and mutually
acceptable solution to the Cyprus question, according to international
law and relevant UN resolutions.
Members of the Cypriot delegation stressed the dedication of the Greek
Cypriot side to a bizonal, bicommunal federation, with a single
sovereignty, single citizenship and international personality, on the
basis of political equality, as defined by UN resolutions, which secure
human rights and are in line with EU principles.
They further pointed out that the key to the solution in Cyprus lies
with Turkey, which is solely responsible for the situation on the
island. Regarding the so-called isolation of the Turkish Cypriot
community, members of the Cypriot parliamentary delegation said this is
the result of the continuing occupation.
[02] STATISTICAL SERVICE DEFICIT
In 2010 the overall public sector balance registered a deficit of 926,1
million euro, 5,3% of GDP, compared to a deficit of 6% in 2009, an
announcement issued here today by the Statistical Service said. Total
public sector expenditure in 2010 increased by 5% and total revenue by
7% as compared to the previous year.
Based on the preliminary data on the General Government accounts for
the period October-December 2010, compiled in accordance to E.U
concepts and definitions, the total revenue amounted to 2.091,9 million
euro (15,8% increase compared to the corresponding period of 2009), the
announcement reads. It adds that total expenditure reached 2.473,3
million euro, (4,7% increase) resulting to a deficit of 381,4 million
euro as compared to 556,5 million euro deficit in the corresponding
period of the previous year.
The main categories of revenue for the period October-December 2010
were: taxes on production and imports 735,2 million euro (9,4%
increase), of which VAT was 423,1 million euro(13% increase), taxes on
income and wealth 594,7 million euro (11,1% increase). Revenue from
sales of goods and services increased by 60,3% as compared to the
corresponding period of the previous year. The main categories of
expenditure for the period October-December 2010 were: compensation of
employees 814,1 million euro (zero growth as compared to the previous
period) and social transfers 750,9 million (22,8% increase).
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