Monthly Archives: June 2000

Archives June 7, 2000 posted by

Over £60 million traded as market volume hits year-high

EQUITY prices moved a shade lower yesterday as traded values surged to a year high on speculative buys once again dominated by investment, industrial and tourism stocks.

Blue chips came under selling pressure on buying interest for select small and medium company stocks, which absorbed the bulk of £60.9 million worth of shares changing hands yesterday.

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Archives June 7, 2000 posted by

Work need to implement new tourism strategy

TRAVEL agents yesterday cast doubts on the feasibility of the new strategic plan designed to take tourism well into the millennium.

At its annual general meeting yesterday, the Association of Cyprus Travel Agents (Acta) said the plan, due for implementation this year, should be put back until 2002.

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Archives June 7, 2000 posted by

Eurocypria pilots threaten strike action

EUROCYPRIA pilots set up a strike committee yesterday to prepare for possible industrial action if their Cyprus Airways (CY) counterparts are given their promotions.

Sources in the charter firm said yesterday that they had already prepared a letter to the Labour Minister calling for immediate mediation.

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Archives June 7, 2000 posted by

Akel defector set to join Social democrats

FORMER Akel deputy Andreas Philippou is expected officially to join the Social Democrats (Kisos) today, but his defection has sparked discussion on the ethics of his move.

House president and Diko leader Spyros Kyprianou yesterday said deputies were not legally tied to their parties, but that ethical questions were attached to any moves.

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Archives June 7, 2000 posted by

Greek soldier’s remains flown home after DNA identification

THE body of a Greek soldier — the fourth person to be identified from the list of missing persons — was flown home yesterday with full military honours.

At a religious service at the headquarters of the Greek contingent Eldyk, Defence Minster Socrates Hasikos paid tribute to Christos Koularis, an officer in the Greek army killed during the 1974 invasion.

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