Cyprus News Agency: News in English, 02-08-05

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

CONTENTS

[01] Prominent journalist dies

[02] Two biggest banks closed for the public

[03] Turkish Cypriot leader under attack by party leader

[04] Spain: Cyprus will join the EU even without settlement

[05] Britain assures of no change in policy on Cyprus

[06] Weather forecast for Cyprus

[07] Cyprus clinches four medals in Commonwealth Games

[08] Cyprus Stock Exchange

[09] Central Bank issues 2001 report

[10] Weather and Temperatures for Cyprus

[11] Prominent journalist buried this afternoon

[01] Prominent journalist dies

0840:CYPPRESS:01

Prominent journalist dies

Nicosia, Aug 5 (CNA) -- Christakis Katsambas, one of the island's most prominent journalists, former president of the Union of Cyprus Journalists and ex chairman of the Board of Directors of the Cyprus News Agency, has died of serious heart and kidney problems.

The funeral will take place at 1700 today from the church of Agii Omologite here, at the expense of the Union.

Katsambas, 77, died Sunday at Nicosia General Hospital where he was admitted some weeks ago for treatment. During his long career in journalism he served as editor in chief of the largest daily "Phileleftheros" and was an honorary parliamentary candidate for the Democractic Rally party.

He served as MP for a brief period during which he was acting House President and acting President of the Republic. In the recent past he was editorial adviser to "Phileleftheros" and had a daily column.

The Union announced that it will introduce an annual journalistic award in Katsambas' memory and display his photograph at its offices in Nicosia.

It extended its most sincere and heartfelt condolences to the next of kin of the deceased and described him as a true professional who served journalism with dedication.

Katsampas was a founding member of the Union of Cyprus Journalists in 1959-60 and served as Union Vice-President and President for several years.

He also served as President of the Board of Directors of the Cyprus News Agency (CNA) from 1990 to 1995.

[02] Two biggest banks closed for the public

1100:CYPPRESS:02

Two biggest banks closed for the public

Nicosia, Aug 5 (CNA) -- The island's two biggest banking institutions, the Cyprus Popular Bank and the Bank of Cyprus, are closed for the public today and will remain closed on Wednesday and Friday of this week as well.

[03] Turkish Cypriot leader under attack by party leader

1145:CYPPRESS:03

Turkish Cypriot leader under attack by party leader

Nicosia, Aug 5 (CNA) -- Turkish Cypriot politician Mehmet Ali Talat has accused Rauf Denktash, the leader of the Turkish Cypriot community, of wasting time at the UN-led peace talks and of serving his own interests.

The leader of the Turkish Republican Party in Turkish occupied Cyprus, which saw its share of the "vote" increase dramatically in last month's "local elections" in occupied Cyprus, said Denktash sits at the negotiating table without any objective, is trying to waste time and aims at annexing Cyprus to Turkey.

[04] Spain: Cyprus will join the EU even without settlement

1240:CYPPRESS:04

Spain: Cyprus will join the EU even without settlement

Nicosia, Aug 5 (CNA) -- Spain fully supports a solution to the Cyprus problem but stresses that even without a settlement, the island will accede to the EU together with the other candidate countries as scheduled, Cyprus Interior Minister Andreas Panayiotou said here today.

In his remarks to the press after a courtesy call by Spanish Ambassador to Cyprus Ignacio Garcia Valdecasas, Panayiotou expressed the government's appreciation towards Spain's stance regarding the Cyprus issue and the country's EU accession course.

The Spanish diplomat noted that during the Spanish EU Presidency Cyprus has technically closed all negotiating chapters.

[05] Britain assures of no change in policy on Cyprus

1310:CYPPRESS:05

Britain assures its policy on Cyprus remains unchanged

Nicosia, Aug 5 (CNA) -- Britain has assured Cyprus that its policy on Cyprus has not changed and that it continues to help find a negotiated settlement before December, when the European Union will decide on the country's accession.

London has reiterated its support for UN efforts to facilitate such a settlement but stressed that it is up to the Greek and Turkish Cypriot sides to reach agreement.

[06] Weather forecast for Cyprus

1315:CYPPRESS:06

Weather forecast for Cyprus

Nicosia, Aug 5 (CNA) -- The Meteorological Office at Larnaca International Airport has issued the following weather forecast for Cyprus:

Tuesday and Wednesday: 6/8/2002 to 7/08/2002 ----------------------

A risk of isolated showers over the mountains is expected on Tuesday while on Wednesday the weather will be fine. The wind will be light variable during night and morning and moderate southwest to west during afternoon.

The temperature will range between 24-39C inland and 24-34 over south coast, 22-32C over west coast and 20-29C over the mountains.

Outlook for Thursday and Friday: 8/8/2002 to 9/8/2002

Will continue fine on Thursday but on Friday there is a risk of isolated showers over the mountains and also a small decrease in temperature.

[07] Cyprus clinches four medals in Commonwealth Games

1410:CYPPRESS:07

Cyprus clinches four medals in Commonwealth Games

Nicosia, Aug 5 (CNA) -- Cypriot athletes have clinched four medals (two gold, one silver and one bronze) in the 17th Commonwealth Games held in Manchester.

Herodotos Giogallas won the gold medal in men's rings.

Two other Cypriot athletes, Antonis Nikolaides and Christos Kourtellas, won the gold medal in the team skeet.

Christodoulos Christodoulou won the silver medal in judo (73 klg).

Antonis Nikolaides won the bronze medal in the single skeet.

[08] Cyprus Stock Exchange

1410:CYPPRESS:08

Cyprus Stock Exchange

Nicosia, Aug 5 (CNA) - The Cyprus Stock Exchange (CSE) All Share
Index closed at today's stock exchange meeting as follows:

CSE General Index                               82,54   (-0,76)

Traded Value                  CYP    268.352

FTSE/CYSE 20                  CYP    138.631   343,26   (-1,52)

Sectoral Indices

Banks                         CYP     70.079    94,80   (-0,87)
Approved Investment
Companies                 CYP     12.517    80,91   ( 0,07)
Insurance Companies           CYP      1.660    21,72   (-3,42)
Manufacturing Companies       CYP     26.852    58,90   (-0,19)
Tourism Companies             CYP     33.105    91,40   ( 2,49)
Trading Companies             CYP     11.902    18,35   (-0,16)
Building and Cement Companies CYP      3.857    50,88   (-1,66)

�nformation Technology
Companies                 CYP      7.034     3,00   (-0,66)
Financial Services Companies  CYP     10.440    11,56   (-1,37)
Fish Culture Companies        CYP        374    14,59  (-10,27)
Hotels                        CYP     31.424    46,26   (-0,73)
Other Companies               CYP     26.559    76,99   (-0,84)

* The third column presents the percentage variation of

[09] Central Bank issues 2001 report

1425:CYPPRESS:09

Central Bank issues 2001 report

Nicosia, Aug 5 (CNA) -- The Central Bank said in its annual report for 2001 that public deficit increased in the year under review, inflation and unemployment dropped and basic interest rates were reduced.

For the current year, it said economic growth is expected to increase, unemployment and inflation are set to rise but public deficit will probably stay within the Maastrcht criteria.

The Bank said it will continue to implement at an accelerated rate measures to align its practices with those of the European Union, as Cyprus looks forward to the conclusion of its accession negotiations at the end of the year.

"The year under review was marked by the terrorist attacks of 11 September which contributed to the worsening of the global economic recession," the report said.

[10] Weather and Temperatures for Cyprus

1525:CYPPRESS:10

Weather and Temperatures for Cyprus

Nicosia, Aug 5 (CNA) - Today's weather and temperatures for Cyprus,
according to the Meteorological Service at Larnaca International
Airport are:

Temperatures (degrees Celcius)
---------------------------------------------------------------
Station               Maximum     Minimum       Weather
(At 1200 UTC)
---------------------------------------------------------------
Nicosia                  39          24          FINE
Larnaca                  34          24          FINE
Limassol                 36          25          FINE
Paphos                   31          21          FINE

[11] Prominent journalist buried this afternoon

2005:CYPPRESS:11

Prominent journalist buried this afternoon

Nicosia, Aug 5 (CNA) - Christakis Katsambas, one of the island's most prominent journalists, former president of the Union of Cyprus Journalists and ex chairman of the Board of Directors of the Cyprus News Agency, died yesterday of serious heart and kidney problems and was buried this afternoon.

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