Major issue of todays’ financial press is the investigation undertaken by the Parliamentary Audit Sub-Committee to examine the files of the Central Bank for all liquidations and currency exports made by foreign citizens during 1999-2000. According to reports, there is no evidence concerning the involvement of Cypriot citizens “hiding” behind foreign citizens that liquidated Cyprus Stock Exchange shares exporting currency during 1999-2000.
The “Economy” inset of newspaper “Phileleftheros” under the title “Municipality tax splits into two” refers to the disagreement between government and the opposition about the tax imposed by municipalities. Specifically, the opposition parties insist on its abrogation, while government proposes its amendment introducing income criteria. According to the report “new conflict is expected to take place during the convention of the Committee of Finance this afternoon, as decisions about the Municipality tax will be made”.
Elsewhere, the newspaper refers to the relief the international money markets had as Iraq has finally decided to accept without strings the return of UN inspectors reducing in this way the possibility of American intervention in the country.
The “Economy-Stock Exchange” inset of newspaper “Simerini” focuses on the Central Bank files and their investigation by the Parliamentary Audit Sub-Committee. Under the title “ ‘Clear ’ liquidations by foreign citizens” it mentions that investigations have indicated no evidence of Cypriot citizens involvement “hiding” behind foreign citizens that liquidated CSE’s shares exporting currency during 1999-2000. The MP and member of the sub-committee, Aristophanes Georgiou, drops innuendoes against former Governor of the Central Bank, Afxentis Afxentiou, that according to the report “raises new queries about the issue of currency export permission by the competent authority”.
Elsewhere, the inset mentions that according to the president of Petrolina, Takis Lefkarites, there have been no talks concerning the sale of Petrolina’s gas stations.
The issue that dominates the “Economy” inset of newspaper “Alithia” is the outcome of the Parliamentary Audit Sub-Committee investigations. Under the title “No deviations in currency exports by foreign companies and individuals” the inset refers to yesterday’s statements of Georgos Georgiou (president of the sub-committee) while at the same time it stresses the need to focus on the talks between the Audit Committee and the Boards of Directors of five companies about listed companies.
Then, the inset highlights the interview of the General Secretary of Cyprus Bank Officials Association, Loizos Hadjikostis, to Stockwatch under the title “Cyprus Bank Officials Association accuses banks for heaps of mistakes”.
The “Economy” inset of newspaper “Phileleftheros” under the title “Municipality tax splits into two” refers to the disagreement between government and the opposition about the tax imposed by municipalities. Specifically, the opposition parties insist on its abrogation, while government proposes its amendment introducing income criteria. According to the report “new conflict is expected to take place during the convention of the Committee of Finance this afternoon, as decisions about the Municipality tax will be made”.
Elsewhere, the newspaper refers to the relief the international money markets had as Iraq has finally decided to accept without strings the return of UN inspectors reducing in this way the possibility of American intervention in the country.
The “Economy-Stock Exchange” inset of newspaper “Simerini” focuses on the Central Bank files and their investigation by the Parliamentary Audit Sub-Committee. Under the title “ ‘Clear ’ liquidations by foreign citizens” it mentions that investigations have indicated no evidence of Cypriot citizens involvement “hiding” behind foreign citizens that liquidated CSE’s shares exporting currency during 1999-2000. The MP and member of the sub-committee, Aristophanes Georgiou, drops innuendoes against former Governor of the Central Bank, Afxentis Afxentiou, that according to the report “raises new queries about the issue of currency export permission by the competent authority”.
Elsewhere, the inset mentions that according to the president of Petrolina, Takis Lefkarites, there have been no talks concerning the sale of Petrolina’s gas stations.
The issue that dominates the “Economy” inset of newspaper “Alithia” is the outcome of the Parliamentary Audit Sub-Committee investigations. Under the title “No deviations in currency exports by foreign companies and individuals” the inset refers to yesterday’s statements of Georgos Georgiou (president of the sub-committee) while at the same time it stresses the need to focus on the talks between the Audit Committee and the Boards of Directors of five companies about listed companies.
Then, the inset highlights the interview of the General Secretary of Cyprus Bank Officials Association, Loizos Hadjikostis, to Stockwatch under the title “Cyprus Bank Officials Association accuses banks for heaps of mistakes”.
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