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Financial Mirror (Cyprus) - - FRONT PAGE -

placed with in­vestors at CYP 2.58 a share.

Tourism

growth:

Tourism is ex­pected to grow 5% in 2006, with the UK re­main­ing the big­gest mar­ket with a 50% share, said Akis Kelepeshis of the As­so­ci­a­tion of Travel Agents (ACTA). Air­lines have also agreed to merge the fule sur­charge into ticket prices, while agent com­mis­sions may be re­placed with a CYP 5

Cyprus Air­ways staff (Ed. Re­mem­ber them?) have won con­ces­sions, as Tourism Min­is­ter Ge­orge Lil­likas said the dif­fer­ences with unions in the take-it-or-leave-it deal were still wide, ad­mit­ting that a re­jec­tion of the new res­cue plan is un­likely as the gov­ern­ment has con­ceded to most of the “red line” de­mands.

Cyta

reg­u­la­tion:

Tele­coms Reg­u­la­tor Vas­sos Pyr­gos said that de­spite lib­er­al­i­sa­tion, state-owned Cyta still holds a mas­sive 93.5% share of the mo­bile mar­ket, 97% of fixed tele­phony and 94% of In­ter­net cus­tomers.

Blaire blun­der:

Cherie Blaire QC, wife of Prime Min­is­ter Tony Blaire, has caused a storm among the Cypriot com­mu­nity in the UK for de­fend­ing the Orams couple in the property case in­volv­ing Greek Cypriot land usurped dur­ing the 1974 Turk­ish in­va­sion.

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