New rules for Green Line

THE EUROPEAN Union yesterday adopted the Green Line regulation for Cyprus, which lays down the regulations concerning the crossing of goods, persons and services. The regulations come into force tomorrow with the island’s accession into the bloc.

Greek Press

PHILELEFTHEROS “The plan remains on the table” AKEL does not see that the Annan plan has come to an end. It is still on the table, according to the General Secretary Demetris Christofias and will be re-negotiated as soon as possible. Christofias on Wednesday had a meeting with DISY leader Nicos Anastassiades, and outlined that discussions must be had with President Tassos Papadopoulos.

Political motive ruled out as American shot

A 56-YEAR-old American resident of Cyprus was shot and injured to the eye early yesterday as he drove out of his driveway in Engomi, Nicosia. The man, a teacher at a private school in Larnaca, is married to a Greek Cypriot. He had been on his way to work when he was shot at 6am. His wife drove him to hospital immediately, where he was kept in for observation.

AHEPA lends support to president

AHEPA (American Hellenic Educational Progressive Association) are arriving in Cyprus today to congratulate Cyprus for its accession to the EU and to lend their support to the Greek Cypriot people and President Tassos Papadopoulos in the difficult days that could lie ahead. AHEPA’s Supreme President A. Jack Georgalas, Supreme V.P.

Finance Minister insists currency rumours are groundless

THE EUROPEAN Union yesterday adopted the Green Line regulation for Cyprus, which lays down the regulations concerning the crossing of goods, persons and services. The regulations come into force tomorrow with the island’s accession into the bloc.

The holy grail of archaeology

AMERICAN researcher Robert Sarmast yesterday officially launched an expedition that he hopes will result in the discovery of the lost island of Atlantis. The launch of the expedition is expected to be marked today when the scientists submerge a copper canister with the flags of Cyprus, the EU and a specially designed Atlantis flag five hours out at sea from Limassol port.

National Council examines the way forward

A NATIONAL Council meeting held yesterday to discuss recent developments on the Cyprus issue will continue on Wednesday, government spokesman Kypros Chrysostomides said. After the two-and-a-half-hour meeting, Chrysostomides said President Tassos Papadopoulos had briefed the political parties on his visit to Athens on Wednesday.

Accession brings extra VAT and duties

The House yesterday approved amendments to consumer tax and VAT legislation in light to tomorrow’s accession to the European Union. The changes, which took immediate effect, have prompted, among others, a 0.3 cent raise per litre of diesel and 0.5 cents per litre of leaded petrol.

New rules for the Green Line

Yesterday, the European Union adopted the Green Line Regulation for Cyprus. The special regime for the crossing of goods, persons and services will be in place as from May 1, 2004.

Editorial – Strange way of preparing for currency liberalisation

FROM tomorrow when Cyprus becomes a full member of the EU, all foreign exchange controls will be lifted and people will be free to invest as much money as they like abroad, put their savings in any currency they choose, in any bank in the world, without needing approval from the Central Bank.