PRESS DIGEST - Cyprus - Nov 4

Wed Nov 4, 2009 1:23am EST
 
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NICOSIA, Nov 4 (Reuters) - Leading reports in Greek Cypriot financial and general press. Reuters has not verified these reports:

PHILELEFTHEROS

- European Commission forecasts show widening Cyprus deficit to 3.5 percent of GDP in 2009, 5.7 percent in 2010 and 5.9 in 2011.

- Health authorities to start immunisation programme for the H1N1 virus on Nov. 23.

SIMERINI

- Unemployment expected to exceed 6.0 percent in coming years, based on European Commission forecasts.

- Unregulated online gambling rampant throughout Cyprus. Most offer services through companies based in Malta.

- Wind park operators seek an increase in their power output to 300 megawatts from present 165 MW.

FINANCIAL MIRROR

- Bank of Cyprus BOC.CY (BOCr.AT) Q3 profits expected to show quarterly increase, but seen lagging last years profitability levels.

- Cyprus poised to see negative growth rate of 0.7 percent this year, according to EU forecasts.

POLITIS

- Auditor general report suggests Health Ministry inflated prices of new oncology equipment in a tender process, resulting in an additional cost of 4.5 million euros.

- Turkish Cypriot leader Mehmet Ali Talat sees property disputes among the most complex in reunification talks.

CYPRUS MAIL

- European Commission sees slow economic recovery ahead for Cyprus.

- Animal rights activists up in arms over plans to bring a circus to Cyprus.