06/02/2003 09:20
The major issues in today’s financial press are the dispute between the CSE Council Chairman, Pavlos Savvides, and the rest of the CSE Council, originated in the Council’s decision not to extend deadlines for companies in the Exchange's waiting list, as well as FinMin’s response to the opposition's criticisms over the 10-year rule of Cyprus President Glafcos Clerides.
The “Economic” inset of newspaper “Alithia” under the title “Council members: Hints for resignations” refers to the Council member, Zenon Pofaides, and his request to Mr. Savvides either to confirm or deny his statements to StockWatch with regard to the gap in philosophy between him and the rest of the Council.
Elsewhere “Alithia” reports that the second study of the Finance Ministry over the cost of solution is to be submitted before the ‘Donators’.
The “Economy” inset of newspaper “Phileleftheros” under the title “Persistence in fiscal restructuring” focuses on the answer of FinMin, Takis Clerides, to the opposition's criticisms over the 10-year governing of President Clerides. Mr. Clerides referred to the Pre-accession Economic Program and the elimination of fiscal deficit by 2005, as well as the positive evaluations by the International agencies.
Elsewhere the newspaper deals with the CSE crisis and the intervention of the Finance Minister, who is to discuss with the Council Chairman the latter's dispute with the rest of the Council.
The “Economy” inset of newspaper “Simerini” under the title “Clerides counter-attacks” highlights that on the press conference held on Wednesday Mr. Clerides praised the government’s economic policy and achievements in terms of Cyprus accession in the EU, the favourable evaluations by the International agencies, the high growth rates, the improvement of the standard of living, and the decline in unemployment and inflation rates.
The inset also deals with the government’s deliberations over the freezing on the accrual of interest on investment loans.
Elsewhere “Simerini” mentions that the downgrading of the Bank of Cyprus by Fitch affected the CSE session on Wednesday.
The “Economic” inset of newspaper “Alithia” under the title “Council members: Hints for resignations” refers to the Council member, Zenon Pofaides, and his request to Mr. Savvides either to confirm or deny his statements to StockWatch with regard to the gap in philosophy between him and the rest of the Council.
Elsewhere “Alithia” reports that the second study of the Finance Ministry over the cost of solution is to be submitted before the ‘Donators’.
The “Economy” inset of newspaper “Phileleftheros” under the title “Persistence in fiscal restructuring” focuses on the answer of FinMin, Takis Clerides, to the opposition's criticisms over the 10-year governing of President Clerides. Mr. Clerides referred to the Pre-accession Economic Program and the elimination of fiscal deficit by 2005, as well as the positive evaluations by the International agencies.
Elsewhere the newspaper deals with the CSE crisis and the intervention of the Finance Minister, who is to discuss with the Council Chairman the latter's dispute with the rest of the Council.
The “Economy” inset of newspaper “Simerini” under the title “Clerides counter-attacks” highlights that on the press conference held on Wednesday Mr. Clerides praised the government’s economic policy and achievements in terms of Cyprus accession in the EU, the favourable evaluations by the International agencies, the high growth rates, the improvement of the standard of living, and the decline in unemployment and inflation rates.
The inset also deals with the government’s deliberations over the freezing on the accrual of interest on investment loans.
Elsewhere “Simerini” mentions that the downgrading of the Bank of Cyprus by Fitch affected the CSE session on Wednesday.
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