Move to set up fund to handle hydrocarbons wealth
Author: Stefanos Evripidou JUST HOURS after cabinet approved the start of negotiations to award licences for gas exploration in four of Cyprus’ offshore blocks, Commerce Minister Neoclis Sylikiotis...
View ArticleState lottery enters the 21st century with own website
Author: Stefanos Evripidou THE STATE lottery yesterday announced its first foray into the online world with its own website, 54 years after the lottery came to Cyprus.State lottery director Stavros...
View ArticleRecord tourism revenue in August
TOURISM revenue set a new record in August reaching €312.1 million. At 16.9 per cent this was the biggest annual increase in 13 months data released by the Statistical Service showed. Data based on the...
View ArticleDangerous Paphos beach made a little safer
Author: Bejay Browne TEMPORARY measures have been put in place at a dangerous beach in Paphos which attracts swimmers, despite the fact that it is not designated for bathing. President of the Paphos...
View ArticleTax hike might prompt developers to sell their plots
Author: Poly Pantelides THE GOVERNMENT’S proposed changes to immovable property taxation may provide an incentive for property developers to sell rather than sit on land, said a lead consultant...
View ArticleLarnaca jeweller found shot dead
A 67-YEAR-OLD jeweller from Larnaca was yesterday found shot dead in the Paphos district near Petra Tou Romiou.Michalakis Demetriou was found dead in a pool of blood near his car on a dirt road at 4pm....
View ArticlePaphos hairdresser found guilty
Author: George Psyllides A 30-YEAR-OLD Paphos hairdresser was yesterday sentenced to life imprisonment for killing his pregnant girlfriend and her toddler on a beach in Yeroskipou last...
View ArticleJobless rate exceeds 12 per cent
Author: George Psyllides THE jobless rate in Cyprus climbed to 12.2 per cent in September, recording one of the highest year-on-year increases in the European Union, it was announced...
View ArticleOur View: Bank staff have no right to complain about pay cuts
THE OVERWHELMING majority of Laiki Bank employees (98 per cent) authorised the leadership of their union ETYK, to take all necessary measures, including strikes, to reduce the pay cuts imposed by the...
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German minister drops Cyprus bombshell
Author: George Psyllides GERMAN Finance Minister Wolfgang Schaeuble said yesterday he did not expect concrete negotiations between Cyprus and international lenders to start before 2013, suggesting...
View ArticleJeweller was shot at close range
INVESTIGATIONS are still ongoing into the case of the murdered jeweller Michalakis Demetriou, 67, from Larnaca who was found dead near Petra tou Romiou in the Paphos district on Wednesday. State...
View ArticleEOKA fighters to press ahead with case against Britain
Author: Poly Pantelides VETERAN EOKA fighters will push ahead with legal procedures despite a controversial UK bill to stop the public disclosure of evidence for “reasons of national security”, one...
View ArticleAKEL proposes doubling fines for gambling
RULING AKEL has tabled a legislative proposal calling for more severe penalties for illegal gambling.The proposal seeks to amend current punitive laws on gambling establishments, and concerns the...
View ArticleCyTA boss given €60,000 bonus for ‘doing his job well’
THE FORMER CEO of the Cyprus telecommunication authority (CyTA) Fotis Savvides who retired this week at the age of 63 said yesterday that he was given an added bonus of €60,000 as a reward for doing...
View ArticleNo clue about ‘new’ loan from Russia
Author: Elias Hazou FINANCE Minister Vassos Shiarly said yesterday he had no clue about a “new” Cypriot proposal for an interstate loan from Russia.“I am not aware of any new specific proposal by...
View ArticleFatal lorry crash closes highway for five hours
Author: Peter Stevenson A LORRY carrying a load of sand flipped over on the Nicosia-Limassol highway yesterday, killing the driver, a Greek national, seriously injuring his passenger, and closing the...
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Shiarly: troika will be here very soon
FINANCE Minister Vassos Shiarly said yesterday he hoped international lenders would visit "very very soon" for a final round of talks on financial aid and conclude them before a meeting of eurozone...
View ArticleOur View: Cyprus has been in no hurry to clinch a deal with troika
GERMANY’S Finance Minister Wolfgang Schaeuble’s remark that he did not expect concrete negotiations on the Cyprus bailout to commence before 2013 came as a big shock to everyone in Cyprus. Even the...
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Cyprus Mail celebrates its 67th birthday
Author: Theo Panayides “GROWING Violence in Palestine” read our headline on November 2, 1945, a headline that could still apply today. The more things change, the more they stay the same – and the...
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Cyprus Rally kicks off
THE much-anticipated 2012 Cyprus Rally got underway on Friday night with a Super Special Stage in downtown Paphos. In a thrilling display of driving, Norway’s Andreas Mikkelsen (pictured at the...
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