Supreme Court upholds fines against ANT-1 for male stripper show
Author: Poly Pantelides THE CYPRUS Radio Television Authority was right to fine a show aired in the afternoon on Ant-1 TV during which a male stripper was asked intimate questions about his genitals...
View Article‘Financial services can create thousands of jobs’
Author: Poly Pantelides A REPORT on Cyprus’ financial and business services lists recommendations that can be implemented on tight budgets but could add 9,700 new jobs in five years and bring in...
View ArticleMan dies after water tanker hits private jet
Author: Peter Stevenson A 63-YEAR-OLD man from Larnaca died during the early hours yesterday after the water tanker he was driving collided with a parked private jet at the old Larnaca airport amid...
View ArticleNo way to tell how much stashed in Swiss banks
Author: Elias Hazou OUT of an estimated €100million to €300m deposits in banks in Switzerland, authorities here collected around €4.5 million in taxes on interest during the period 2005-2010,...
View ArticleCyTA will give state a €100m in short-term
THE BOARD of telecommunications company CyTA last night agreed to provide the cash-strapped state with a €100m short-term loan from its pension fund, providing some breathing space until the state can...
View ArticlePimco report in January
Author: George Psyllides THE recapitalisation needs of Cyprus's banks are broadly in line with expectations, according to an interim independent report, the finance ministry said yesterday.A...
View Article‘The Church will not let anyone starve’
Author: Stefanos Evripidou THE Archbishopric in Nicosia was briefly evacuated yesterday as three fire engines were used to put out a fire in the historic building’s basement. Fire Service spokeswoman...
View ArticleSupreme Court orders retrial in Helios case
Author: Elias Hazou BY A majority decision the Supreme Court has upheld an appeal lodged by the Attorney-general and has ordered a retrial of the Helios air crash case.In the ruling, six of the nine...
View ArticleOur View: Is this how the government wants to stimulate growth and create jobs
VERY STRONG opposition has built up against the government’s bill drastically increasing the immovable property tax (IPT) that is expected to be approved today. It would appear all the political...
View ArticleClik here to view.
Security to be stepped up over growing protests
Author: George Psyllides and Elias Hazou SECURITY is to be stepped up at all government buildings in anticipation of more angry outbursts against coming austerity measures in the days and weeks to...
View ArticleGreen light for second fuel storage depot
THE CABINET yesterday selected as its strategic partner/investor in the creation of a state fuel storage terminal in Vassilikos, Dutch company VOPAK Oil EMEA.“After evaluating the results of the...
View ArticleGood prospects for energy cooperation with Russia
Author: Stefanos Evripidou THE DISCOVERY of hydrocarbons in Cyprus’ exclusive economic zone (EEZ) has created “good prospects” for enhanced cooperation in the energy sector, said Russian Energy...
View ArticleNo longer ‘traitors’ to the EOKA cause
Author: Poly Pantelides IN A landmark decision yesterday, the cabinet restored the reputations of 19 people wrongfully labelled ‘traitors’ who were murdered between 1956 and 1958 during the EOKA...
View ArticleClik here to view.
Half of CyTA workers to strike over loan to state
Author: Stefanos Evripidou HALF THE staff of the Cyprus Telecommunications Authority (CyTA) are going on indefinite strike today in protest at the board’s decision to loan the cash-strapped...
View ArticleTeachers: this was all so one-sided
A COUPLE of hundred teachers protested outside the finance ministry and parliament yesterday over the austerity measures voted through as part of the bailout conditions agreed with Cyprus’...
View ArticleClik here to view.
Eggs and stones thrown at House
Author: Peter Stevenson IN A second day of protests against austerity, demonstrators yesterday threw stones and eggs at the parliament building but an increased police presence prevented people from...
View ArticleSecond-largest bailout ever says CB governor
Author: George Psyllides AS A proportion of GDP, Cyprus’ bank bailout would be the largest ever, second only to the bailout of Indonesia, Central Bank Governor Panicos Demetriades said yesterday.“The...
View ArticleCoLA freeze, fuel hikes, and tax on lottery winnings
APART from cuts in social transfers, the batch of austerity bills approved by parliament yesterday include a freeze in cost of living allowance payments (CoLA), hikes in fuel taxes and contributions of...
View ArticleOur View: Protesters at the House should spare a thought for those worse off
THE ENTITLEMENT culture, which has become a key feature of our society, was on display outside the legislature in the last two days, as deputies were discussing the 20-plus memorandum bills that had to...
View ArticleClik here to view.
House: it’s austerity or bankruptcy
Author: George Psyllides WITH its back to the wall, Cyprus yesterday passed a raft of austerity measures included in a provisional bailout agreement, in a bid to convince lenders it would stick to its...
View Article
