Fi­nan­cial Mir­ror on-line, Tel­er­ate slashes CSE costs

Financial Mirror (Cyprus) - - FRONT PAGE -

The Fi­nan­cial Mir­ror joined the world wide web of 60 mln users with the first news­pa­per web­site in Cyprus, while a stock mar­ket ‘cy­ber war’ has erupted with Tel­er­ate low­er­ing its fees for Cyprus stock quotes, ac­cord­ing to the is­sue 164, on May 29, 1996.

The Fi­nan­cial Mir­ror launched the first Cyprus news­pa­per web­site in co­op­er­a­tion with ISP Lo­gosNet, of­fer­ing a high­light of weekly news, stock mar­ket prices, ex­change rates and busi­ness news.

Lef­teris An­to­ni­ades of the Church-owned In­ter­net host com­pany said “the prospects for both the Fi­nan­cial Mir­ror and Lo­gosNet are tremen­dous.” The URL ad­dress was






Dow Jones Tel­er­ate has slashed the cost of its In­ter­net trans­mis­sion of on­line prices from the Cyprus Stock Ex­change from CYP 50 a month to 25, due to bet­ter stream­lined feeds, de­spite the an­nual fees of CYP 9,000 paid to the bourse. This will make Tel­er­ate more com­pet­i­tive than Reuters and Ka­paTel.

The new 56-mem­ber par­lia­ment emerg­ing from Sun­day’s elec­tion con­venes on June 6. Out­go­ing House Pres­i­dent Alexis Gha­lanos was re-elected o the DIKO ticket, as was for­mer Pres­i­dent Spy­ros Kypri­anou. An­other new MP is for­mer pres­i­dent Ge­orge Vas­sil­iou, ac­com­pa­nied by his wife An­droulla, hav­ing won seats for the Free Democrats. Pres­i­dent Glaf­cos Clerides’ daugh­ter Kate had the most votes among DISY can­di­dates, just as Markos Kypri­anou was elected for DIKO. Ni­cos Rolan­dis failed to get re-elected for the Lib­er­als, while for­mer state pathol­o­gist Mar­ios Mat­sakis got in with DIKO in Li­mas­sol.

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