The European Commission has presented its Annual Policy Strategy setting out its political priorities for 2008. This document is presented every year around March and marks the beginning of the Commission’s policy cycle. It outlines the Commission’s policy objectives, namely in the four key strategic areas of the Barroso Commission: prosperity, solidarity, security and freedom
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Work-related illness and accidents should be cut by a quarter across the EU under a new five-year strategy for health and safety at work, adopted by the Commission today. It follows a 17% reduction in fatal accidents from 2002-2004 and a 20% fall in accidents leading to absence from work of three days or more.
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The slide in the number of tourist arrivals in Cyprus was milder in January 2007, with a registered fall of 5.5% year on year, compared with a fall of 6.1% in December and 8.2% in November. However, the persistence of the decline may explain why Cypriot hoteliers are so depressed that they see the advent
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President of the main opposition Democratic Rally Party (DISY), Nicos Anastasiades, has been re-elected unopposed to serve a further four-year term at the head of the party.DISY Deputy President Averof Neofytou was also re–elected unopposed to serve this post for the next four years. Candidacies were submitted yesterday for the three posts of the party’s
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Cyprus will host the “Training Course on Cultural Conflicts Resolution and Project Development†that is organized by the Anna Lindh Foundation for the Dialogue between Cultures.Around 55 young civil society workers and teachers from 25 EU countries and 10 Mediterranean countries will meet in Nicosia from 19 to 24 February 2007 with the aim to
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President of the Republic of Cyprus Tassos Papadopoulos will be in Athens 20 – 22 February for talks with the political leadership in Greece to discuss the latest developments regarding the Cyprus issue. President Papadopoulos will hold a meeting on February 21st with Greek Prime Minister Costas Karamanlis, followed by a joint press conference. In
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Christis Dairies Pcl (CDL) announced a highly satisfactory improvement in its preliminary 2006 results on the back of increased revenue and better margins. Total sales jumped 5% YoY from CYP 25.1 mln in 2005 to CYP 26.4 mln associated with higher market share captured by most of CDL’s products in Cyprus, especially pasteurised milk and
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Sharelink Securities & Financial Services Ltd., a member of SFS Group Pcl (SFS) has maintained its price target on the shares of Marfin Popular Bank at EUR9.60/share. “Our price target is set at a premium to our fundamental value on the stock mainly to capture any revised profitability targets set by Management in the near
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Sharelink Securities & Financial Services Ltd., a member of SFS Group (SFS) has raised its price target on the Bank of Cyprus shares to EUR13.60/share from EUR11.00/before. “Our price target is set at a premium to our through-the-cycle fundamental value on the stock mainly to capture any revised profitability targets set by Management in the
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Marfin Popular Bank Pcl (CPB) has called an Extraordinary General Meeting of the shareholders to be held at International Conference Center, Nicosia, on Monday 12 March, 2007 at 5:00p.m. to consider and, if thought fit, pass resolutions in respect of the following:Â Â Acquisition of assets by the Bank and/or disposal of assets of the Bank,
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