08/04/2010 07:46
The major issues in today’s financial press are the meeting at the Finance Ministry for the fiscal consolidation measures and the Stability Program and PASYDY’s reaction to the Finance Minister’s letter on the voluntary cut in the salaries of the high-ranking state officials.
The “Economy” inset of newspaper “Phileleftheros” refers to the meeting at the Finance Ministry for the fiscal consolidation measures and the Stability Program. According to the report, the government’s effort to inform the parties on its intentions in the economic policy was carried out with DISY’s and EVROKO’s absence and EDEK’s withdrawal. The Finance Minister expressed his intention for one more effort to bring the parties in a new round of talks.
Elsewhere the newspaper refers to CYSTAT’s data on inflation in March 2010.
Other headlines:
- EDEK withdrew due to untimely information
- Anastasiades uses tough language
- Stability Program 2010-2013 aims to reduce deficit
- PASYDY expects a phone-call
The newspaper “Politis” refers to PASYDY’s reaction to the letter sent by the Finance Minister for a voluntary cut in the salaries of the high-ranking state officials. According to the report, PASYDY said that Mr. Stavrakis’ action was unacceptable and warned that if the letter is not withdrawn, it will not enter in deliberations.
The “Economy” inset of the newspaper highlights that the Finance Minister presented the Stability Program to the political parties yesterday. With the adoption of all measures of the SP by 2013, he aims to reduce deficit by €1.18 billion or 2.5% of GDP.
Other headlines:
- PASYDY demand withdrawal of FINMIN letter for a cut in the salaries of the high-ranking state officials
- Inflation in Cyprus at 2.4% in March
- CSE suffers losses of 3.13%
The “Economy” inset of newspaper “Simerini” refers to the meeting at the Finance Ministry for the fiscal consolidation measures and the Stability Program. According to the report, the meeting showed that the parties disagree in relation to the President’s actions for the settlement of the Cyprus issue and the measures that were decided for the consolidation of the island’s economy.
“Simerini” also reports that GDP in Cyprus fell 0.3% in the fourth quarter of 2009.
Other headlines:
- Seven measures for economy – So as not to let down the coalition parties
- Casus belli for PASYDY – FINMIN letter for voluntary salary cuts
- Housing, electricity and fuel push inflation up – Significant increase compared to March 2009
- DISY sends letter to the Minister
The “Economy” inset of newspaper “Haravgi” highlights that DISY and EVROKO did not attend the meeting at the Finance Ministry yesterday for the fiscal consolidation measures and the Stability Program, while EDEK and the Ecologists received the proposals and withdrew.
The newspaper also reports that Pope Benedict is expected to attract to Cyprus more than 10 thousand tourists.
Other headlines:
- Inflation slows down in March
- CSE in negative territory
- GDP down 0.3%
The “Economy” inset of newspaper “Alithia” refers to the meeting at the Finance Ministry for the fiscal consolidation measures and the Stability Program. According to the report, DISY and EVROKO did not attend the meeting, while EDEK and the Ecologists protested for not holding talks on the SP and withdrew.
Elsewhere the newspaper reports that PASYXE Chairman, Haris Loizides said that the state is responsible for the slum of the island’s tourist industry and not the economic crisis.
Other headlines:
- GDP froze in 4th quarter 2009 in euro area
- Deficit up 79% - Fiscal report 2009
- Prices in clothing and footwear went up – Inflation
- FINMIN move regarded as hostile – PASYDY: Salary cut is unacceptable
The “Economy” inset of newspaper “Phileleftheros” refers to the meeting at the Finance Ministry for the fiscal consolidation measures and the Stability Program. According to the report, the government’s effort to inform the parties on its intentions in the economic policy was carried out with DISY’s and EVROKO’s absence and EDEK’s withdrawal. The Finance Minister expressed his intention for one more effort to bring the parties in a new round of talks.
Elsewhere the newspaper refers to CYSTAT’s data on inflation in March 2010.
Other headlines:
- EDEK withdrew due to untimely information
- Anastasiades uses tough language
- Stability Program 2010-2013 aims to reduce deficit
- PASYDY expects a phone-call
The newspaper “Politis” refers to PASYDY’s reaction to the letter sent by the Finance Minister for a voluntary cut in the salaries of the high-ranking state officials. According to the report, PASYDY said that Mr. Stavrakis’ action was unacceptable and warned that if the letter is not withdrawn, it will not enter in deliberations.
The “Economy” inset of the newspaper highlights that the Finance Minister presented the Stability Program to the political parties yesterday. With the adoption of all measures of the SP by 2013, he aims to reduce deficit by €1.18 billion or 2.5% of GDP.
Other headlines:
- PASYDY demand withdrawal of FINMIN letter for a cut in the salaries of the high-ranking state officials
- Inflation in Cyprus at 2.4% in March
- CSE suffers losses of 3.13%
The “Economy” inset of newspaper “Simerini” refers to the meeting at the Finance Ministry for the fiscal consolidation measures and the Stability Program. According to the report, the meeting showed that the parties disagree in relation to the President’s actions for the settlement of the Cyprus issue and the measures that were decided for the consolidation of the island’s economy.
“Simerini” also reports that GDP in Cyprus fell 0.3% in the fourth quarter of 2009.
Other headlines:
- Seven measures for economy – So as not to let down the coalition parties
- Casus belli for PASYDY – FINMIN letter for voluntary salary cuts
- Housing, electricity and fuel push inflation up – Significant increase compared to March 2009
- DISY sends letter to the Minister
The “Economy” inset of newspaper “Haravgi” highlights that DISY and EVROKO did not attend the meeting at the Finance Ministry yesterday for the fiscal consolidation measures and the Stability Program, while EDEK and the Ecologists received the proposals and withdrew.
The newspaper also reports that Pope Benedict is expected to attract to Cyprus more than 10 thousand tourists.
Other headlines:
- Inflation slows down in March
- CSE in negative territory
- GDP down 0.3%
The “Economy” inset of newspaper “Alithia” refers to the meeting at the Finance Ministry for the fiscal consolidation measures and the Stability Program. According to the report, DISY and EVROKO did not attend the meeting, while EDEK and the Ecologists protested for not holding talks on the SP and withdrew.
Elsewhere the newspaper reports that PASYXE Chairman, Haris Loizides said that the state is responsible for the slum of the island’s tourist industry and not the economic crisis.
Other headlines:
- GDP froze in 4th quarter 2009 in euro area
- Deficit up 79% - Fiscal report 2009
- Prices in clothing and footwear went up – Inflation
- FINMIN move regarded as hostile – PASYDY: Salary cut is unacceptable
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