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PRESS DIGEST - Cyprus - Oct 14

Wed Oct 14, 2009 2:11am EDT

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NICOSIA, Oct 14 (Reuters) - Leading reports in Greek Cypriot financial and general press. Reuters has not verified these reports:

Turkey  |  Industrials

CYPRUS MAIL

- Turkey has made "no progress" on normalising ties with Cyprus, an EU report due today is expected to say.

- U.N. Cyprus special envoy said U.S. President Barack Obama should have been "man enough" to refuse the Nobel Peace Prize.

POLITIS

- Cyprus Airway's CAIR.CY trade unions put off strike action for now and called for an independent feasibility study within the next two months. - Swedish European affairs minister said that it was too premature to judge what will happen during Turkey's EU assessment in December.

PHILELEFTHEROS

- The presidential palace seeks answers after funding requests from the health ministry were omitted from the budget.

- Three major development projects in the coastal town of Larnaca are put on hold.

SIMERINI

- Greek and Turkish Cypriots cancel annual military exercises in light of ongoing peace talks.

- Police officers to protest outside the presidential palace over working hours and pension schemes.

FINANCIAL MIRROR

- Cyprus Stock Exchange (CSE) General Index touched a new 12-month high led by a strong rally in banking shares.

- State revenue fell by 12.3 percent from January to August year on year.

Turkey
Industrials


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