The European Union budget on 2008, approved yesterday by the European Parliament, includes 500.000 euro to fund a study on the situation of cultural heritage sites in the Turkish-occupied northern part of Cyprus, as well as the assessment of the restoration cost. This study, incorporated in the 2008 budget after an amendment by Cypriot MEP
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Moody’s Investors Service has downgraded the long-term ratings of Citigroup Inc. (senior to Aa3 from Aa2) and lowered the Bank Financial Strength Rating (BFSR) of Citibank, N.A. (Citibank) to B from A-. The rating on Citibank for long-term deposits and senior debt was lowered to Aa1 from Aaa, but the rating outlook remains ‘stable’. The
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Discover and listen to radio shows broadcasted over the internet with the Nokia Internet Radio service now available. The application can be downloaded for free from http://www.nokia.com/internetradio  and will also be embedded in upcoming Nokia S60 3rd edition devices. “Most new music discovery occurs while you’re listening to the radio,” said Tommi Mustonen, head of
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The Cyprus Stock Exchange announced the continuance of the suspension of trading of the titles of Sea Star Capital Plc until the publication of the Supplementary Prospectus.
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Cypriot Foreign Minister Erato Kozakou-Marcoullis leaves for Paris on Sunday to take part in a conference aimed at offering financial and other aid to the Palestinians. The conference will be the largest international gathering of donors for the Palestinian Territories since a conference held in Paris in 1996. The aim is to mobilise the donors,
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Member of the House of Representatives Christos Pourgourides leaves for Paris on Monday to take part in a meeting of the sub-committee of the Parliamentary Assembly of the Council of Europe (PACE) for the election of judges to the European Court of Human Rights. An official statement said here Friday that during the meeting, the
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The Cyprus Interior Ministry’s election department has called on all persons from the age of 18 and above to apply in due time to be included in the electoral roll to be eligible to vote in February’s presidential elections.According to a press release issued by the department, new voters have until January 2 to register
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The 5th Euro-Mediterranean Ministerial Conference on Energy will take place in Cyprus (Limassol), on December 17.During this meeting, Andris Piebalgs, Commissioner for Energy, European Commission will  present the Priority Action Plan on the Euro-Mediterranean Energy Cooperation  for  2008-2010 (at 10.00). The  Energy  Ministers of the EU Member States and their counterparts from the Mediterranean partner countries will  meet and endorse a comprehensive Priority Action Plan
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London/Heathrow remains busiest passenger airport The total number of passengers1 transported by air in the EU27 rose by 4.7% in 2006 compared with 2005, to almost 740 million. In 2005, passenger numbers in the EU25 rose by 8.5%2. In 2006, the highest numbers of passengers were registered in the United Kingdom (211 million, +4%), Germany
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The Cyprus Stock Exchange would like to inform the investing public that further to its previous announcement dated November 29, 2007, there will be no session or clearings of transactions on December 31, 2007, due to the fact that the banks will not carry out transactions with the public. It is reminded that there will
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