Major issue of today's financial press is the new strategic definition of the role of the CSE and the limit setting of supervisory and regulatory responsibilities, introduced by the Greek expert Demetris Tsimpanoulis.
The majority of today's newspapers refer to the scandal of Pafos' Savings Department, the investigations to all provincial offices of the Public Register of Lands, as well as the appointment of an investigator by the Inspector of the Development Co-operative. The newspapers stress that the president of the Department and vice-president of DIKO, Nikos Pittokopittes, disclaims all personal responsibilities.
The "Economy" inset of newspaper "Phileleftheros" under the titles "Parliament says yes to the separation of responsibilities" and "Parties are cautious over CSE's legal regime" refers to the convention of the Parliamentary Committee of Finance for the Blue-Print. The report supports that members of the Committee are positive towards Dr. Tsimpanouli s' proposal over the definition of authority between SEC and CSE Council. On the other hand, the Committee opposes to the conversion of CSE from a Public Legal Entity to a Private Legal Entity, as this implies political decisions.
Elsewhere, the newspaper mentions that the Public Prosecutor, Alekos Markides, has approved the conduct of investigations by the Investigation Committee over tax evasions from the CSE during 1999.
The "Economy" inset of newspaper "Simerini" under the title "CSE towards privatization" highlights that the Parliamentary Committee of Finance is positive to the new strategic definition of the CSE role. The newspaper also presents Dr. Tsimpanoulis' views as far as the differentiation of the CSE legal regime is concerned.
Specifically, Mr. Tsimpanoulis suggested the flotation of the CSE rather than the privatization, as in this way the CSE will not function as a Regulatory and Supervisory Authority. On the other hand, privatization will give the control of CSE's capital basis to individuals.
Elsewhere, the newspaper refers to the conflict between hotel owners and trade unions.
The "Economic" inset of newspaper "Alithia" under the title "Free CSE" refers to the same issue of CSE's legal regime. The report quotes that during convention the MPs put several questions to Mr. Tsimpanoulis, however, the Greek expert responded clearly: the CSE must be based on private-economic criteria and if the political decision is for the CSE to be publicly owned, this will disconnect state budget from the CSE.
Elsewhere, the newspaper highlights that the state is to have CYP 12 millions income from the international Rally of Cyprus.
The majority of today's newspapers refer to the scandal of Pafos' Savings Department, the investigations to all provincial offices of the Public Register of Lands, as well as the appointment of an investigator by the Inspector of the Development Co-operative. The newspapers stress that the president of the Department and vice-president of DIKO, Nikos Pittokopittes, disclaims all personal responsibilities.
The "Economy" inset of newspaper "Phileleftheros" under the titles "Parliament says yes to the separation of responsibilities" and "Parties are cautious over CSE's legal regime" refers to the convention of the Parliamentary Committee of Finance for the Blue-Print. The report supports that members of the Committee are positive towards Dr. Tsimpanouli s' proposal over the definition of authority between SEC and CSE Council. On the other hand, the Committee opposes to the conversion of CSE from a Public Legal Entity to a Private Legal Entity, as this implies political decisions.
Elsewhere, the newspaper mentions that the Public Prosecutor, Alekos Markides, has approved the conduct of investigations by the Investigation Committee over tax evasions from the CSE during 1999.
The "Economy" inset of newspaper "Simerini" under the title "CSE towards privatization" highlights that the Parliamentary Committee of Finance is positive to the new strategic definition of the CSE role. The newspaper also presents Dr. Tsimpanoulis' views as far as the differentiation of the CSE legal regime is concerned.
Specifically, Mr. Tsimpanoulis suggested the flotation of the CSE rather than the privatization, as in this way the CSE will not function as a Regulatory and Supervisory Authority. On the other hand, privatization will give the control of CSE's capital basis to individuals.
Elsewhere, the newspaper refers to the conflict between hotel owners and trade unions.
The "Economic" inset of newspaper "Alithia" under the title "Free CSE" refers to the same issue of CSE's legal regime. The report quotes that during convention the MPs put several questions to Mr. Tsimpanoulis, however, the Greek expert responded clearly: the CSE must be based on private-economic criteria and if the political decision is for the CSE to be publicly owned, this will disconnect state budget from the CSE.
Elsewhere, the newspaper highlights that the state is to have CYP 12 millions income from the international Rally of Cyprus.
3287.99
1275.09
