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State switches bidder in Block 9 negotiations

Author:  Stefanos Evripidou THE GOVERNMENT yesterday announced its decision to end talks with the French-Russian energy consortium over licencing rights for the preferred Block 9 in its exclusive...

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No let-up on flooding in Paphos

Author:  Bejay Browne PAPHOS police yesterday urged people not to try and visit overflowing dams in the district as it was dangerous as long as the rains continued.“Asprokremnos dam in Paphos...

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‘Use stadium car park or be fined’ Strovolos says

Author:  Peter Stevenson STROVOLOS municipality plans to put an end to illegal parking on pavements, roundabouts and even at stop signs in the area of the GSP Stadium in Nicosia, it said yesterday.The...

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Bidder was switched over differing gas estimates

Author:  Elias Hazou COMMERCE Minister Neoclis Sylikiotis said yesterday that talks with a French-Russian consortium over exploration rights in offshore Block 9 were abandoned because the bidders’...

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‘World has another five billion years'

THE MAYAN calendar did not predict the end of the world, according to NASA and ESA scientists, in an interview with the Cyprus News Agency (CNA). NASA and ASA also said that there was no such planet...

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On eve of ‘the end’ Cypriots philosophical about doomsday

Author:  Peter Stevenson THE Cyprus Mail hit the streets of Nicosia yesterday to find out how people felt about the end of the world, which some believe is today. Despite Mayan prophecies, the majority...

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Shiarly: no issue of haircut

Author:  Stefanos Evripidou FINANCE MINISTER Vassos Shiarly yesterday denied German press reports that the International Monetary Fund (IMF) was seeking a haircut of Cyprus’ debt to make it more...

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MPs not willing to give up their perks

Author:  Elias Hazou AMID the blitz of salary and benefit cutbacks, the overwhelming majority of MPs on Wednesday voted against a proposal for slashing their own representation allowance by 15 per...

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Sweeping changes to public sector pensions

Author:  Elias Hazou LAWMAKERS yesterday grudgingly endorsed sweeping changes to pension payments in the broader public sector, part of a cost-saving drive agreed between Cyprus and international...

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Our View: Ruling elite once again fail to lead by example

IT WOULD have surprised nobody that the overwhelming majority of deputies voted against the Giorgos Perdikis amendment to a government bill that would have cut the ‘representation allowance’ collected...

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Hit and miss for Christmas post

Author:  Poly Pantelides PEOPLE are still waiting for Christmas letters and parcels from the UK, but the postal services said yesterday they were trying to resolve the situation with the Royal...

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A Boxing Day dip for charity

Author:  Bejay Browne FUNDRAISERS will brave the winter seas in Paphos to take part in a Boxing Day swim to raise money for local charities.Supporters of Paphos-based Paphiakos and CCP animal welfare...

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School land lease divides former friendly neighbours

Author:  Peter Stevenson FOR MANY years the English School and Junior School were friendly neighbours, sharing a prime piece of extensive, forested real estate in the centre of Nicosia, but that...

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Pig farms likely to close as EU deadline nears

Author:  Poly Pantelides and Alexandra Anastassiades A LARGE number of pig farmers may be forced to shut down for failing to comply with an EU directive on animal welfare effective from January,...

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Christofias thanks his mandarins for successful presidency

 THE STATE’S top mandarins attended an event at the Filoxenia conference centre yesterday marking the end of Cyprus’ presidency of the EU council.President Demetris Christofias thanked everyone who was...

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SEC seeks explanation from BoC

Author:  Poly Pantelides  THE SECURITIES and Exchange Commission (SEC) has called on the Bank of Cyprus (BoC) executive board members to explain why they failed to inform their shareholders of the...

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Investor files suit against Popular Bank

Author:  Poly Pantelides  CLAIMING he was defrauded of €108,000, a Paphos-based man has filed a civil suit against the Popular Bank as a legal entity, the bank’s former brass, and former Central Bank...

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Killed by drunk driver as she swept pavement

 A 28-YEAR-OLD Filipino domestic worker was killed yesterday morning in Limassol when she was sweeping the pavement in between two parked cars when a drunk driver hit one of the cars, throwing her onto...

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Tales from the Coffeeshop: The founding fathers of disaster economics

Author:  Patroclos  THIS IS the season of good cheer goodwill to all men so our establishment was seriously considering closing down until it was over as the idea of adopting the Christmas spirit does...

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Our View: Cyprus debt sustainability complicating bailout

 PRESIDENT Christofias may have agreed to the memorandum of understanding and the legislature put this agreement into force by approving a long list of bills in the last week, but there is still...

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