23/11/2004 08:33
The major issues in today’s financial press are the meetings at the Finance Ministry, Cyprus Airways and the issue of bonds by the Companies.
The “Economy” inset of newspaper “Phileleftheros” reports that the government must obtain the consent of the social partners before preparing the revised Convergence Program. According to the report, at the meetings with the political parties and the social partners, no serious gaps emerged.
Elsewhere the newspaper reports that companies proceed to the issue of bonds as an alternative way of borrowing. According to the report, the companies are not evaluated by the international credit rating agencies.
The “Economy” inset of newspaper “Politis” refers to the meetings with the social partners and the political parties for the preparation of the revised Convergence Program. According to the report, the changes that have emerged in the Program concern the way of enforcing certain measures of fiscal consolidation.
“Politis” also refers to the trade deficit, which is expected to exceed £2 billion by the end of the year.
The “Economy” inset of newspaper “Haravgi” refers to the preparation of the revised Convergence Program and the government’s efforts to make the economic policy a national issue.
The newspaper also refers to the negotiations between the Cyprus Airways Board of Directors and the trade unions at the Labour Ministry for the adoption of the action plan.
The “Economy” inset of newspaper “Simerini” refers to the increase in the price of fuel in the near future due to the increase in the price of crude oil. If the price of crude oil remains at the same level, fuel prices will increase on Christmas.
“Simerini” also refers to the meetings at the Finance Ministry for the revised Convergence Program. For the first time, AKEL has retreated from its initial stance on the introduction of income criteria and the social benefits.
The “Economy” inset of newspaper “Alithia” refers to the preparation of the supplementary budget, which will cover the “vital sectors of society”. Economists, however, insist that the supplementary budget will shoot the fiscal deficit to 6.3% of GDP.
Elsewhere the newspaper refers to the meeting of the House Commerce Committee. According to DISY MP, Lefteris Christoforou, the government has turned its back to the potato producers.
The “Economy” inset of newspaper “Phileleftheros” reports that the government must obtain the consent of the social partners before preparing the revised Convergence Program. According to the report, at the meetings with the political parties and the social partners, no serious gaps emerged.
Elsewhere the newspaper reports that companies proceed to the issue of bonds as an alternative way of borrowing. According to the report, the companies are not evaluated by the international credit rating agencies.
The “Economy” inset of newspaper “Politis” refers to the meetings with the social partners and the political parties for the preparation of the revised Convergence Program. According to the report, the changes that have emerged in the Program concern the way of enforcing certain measures of fiscal consolidation.
“Politis” also refers to the trade deficit, which is expected to exceed £2 billion by the end of the year.
The “Economy” inset of newspaper “Haravgi” refers to the preparation of the revised Convergence Program and the government’s efforts to make the economic policy a national issue.
The newspaper also refers to the negotiations between the Cyprus Airways Board of Directors and the trade unions at the Labour Ministry for the adoption of the action plan.
The “Economy” inset of newspaper “Simerini” refers to the increase in the price of fuel in the near future due to the increase in the price of crude oil. If the price of crude oil remains at the same level, fuel prices will increase on Christmas.
“Simerini” also refers to the meetings at the Finance Ministry for the revised Convergence Program. For the first time, AKEL has retreated from its initial stance on the introduction of income criteria and the social benefits.
The “Economy” inset of newspaper “Alithia” refers to the preparation of the supplementary budget, which will cover the “vital sectors of society”. Economists, however, insist that the supplementary budget will shoot the fiscal deficit to 6.3% of GDP.
Elsewhere the newspaper refers to the meeting of the House Commerce Committee. According to DISY MP, Lefteris Christoforou, the government has turned its back to the potato producers.
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