Comment: In defence of the German view
Author: Timothy Spyrou THIS IS not an endorsement of Germany’s government’s policy regarding the Cyprus bailout or the Euro-Crisis at large. While I do indeed support the case for intelligent...
View ArticleOne dead, three injured in Larnaca land dispute
Author: Poly Pantelides POLICE yesterday arrested a 34-year-old man on suspicion of killing a man, and seriously injuring three other men and a woman during two separate incidents in Larnaca’s Kofinou...
View ArticleAs Cyprus teeters, Ireland says it has shown "medicine" works
IRELAND'S expected exit from a European bailout programme later this year should be a morale boost to other euro zone countries in crisis, its European affairs minister said yesterday.Speaking as...
View ArticleArchbishop: Anastasiades felt betrayed
PRESIDENT Nicos Anastasiades apparently felt betrayed by his associates because they were unprepared during a Eurogroup meeting last week that decided to impose a levy on bank deposits, the leader of...
View ArticleBackground on BoC and LAiki
All eyes in global banking have been fixated on Cyprus' two largest banks for the last week, as the dramatic steps taken to avoid their collapse, threaten the cornerstones of banking and the EU's...
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How the restructuring of Laiki would work
Author: Elias Hazou THE LEGISLATION passed by the House on Friday allows authorities to split the island’s stricken lenders into ‘good’ and ‘bad’ banks, and is designed to prevent primarily Laiki from...
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Distraught bank workers on the streets
Author: Poly Pantelides IN WHAT has been the biggest protest yet, bankers demonstrated in their thousands yesterday as talks continued to avert Cyprus’ financial meltdown and resolve the banking...
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Distraught bank workers on the streets
Author: Poly Pantelides IN WHAT has been the biggest protest yet, bankers demonstrated in their thousands yesterday as talks continued to avert Cyprus’ financial meltdown and resolve the banking...
View ArticleTales from the Coffeeshop:The terrible price of pride and stupidity
Author: Patroclos THE RE-CREATION of the resistance hysteria of the 2004 referendum, when we heroically told the international community to go to hell and politicians were still boasting about it as...
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Mad scramble to save Bank of Cyprus
THERE were mixed reports last night concerning the island’s bailout, with one report suggesting a deal had been struck while another said Cyprus and international lenders were not even close to an...
View ArticleWe’ve paid the ultimate price of avoiding responsibility
IN CYPRUS we have a habit of blaming everyone else for our problems. We are always the victims of others, invariably foreigners who are hell-bent on causing us harm or destroying us, either because...
View ArticleMurder suspect remanded
Author: Poly Pantelides LIMASSOL district court issued an eight-day remand yesterday for a 34-year-old man suspected of killing a man and injuring four others after two separate shooting incidents in...
View ArticleTurkey and Israel change the gas game
Author: Stefanos Evripidou THE US-brokered Israeli apology to Turkey has opened the door to the resumption of close relations between the two former allies and raised the prospect of energy...
View ArticleMost Dutch voters think Cyprus should leave eurozone
MOST DUTCH think Cyprus should leave the eurozone even though the cost of a bail-out for the country would be tiny compared to the rescue for Greece, a poll published yesterday said.More than half...
View Article‘Secret plan’ to airlift penniless Brits out of Cyprus
REPORTS in the British press yesterday suggested the UK government was working on a plan to airlift penniless expats back from Cyprus.According to the Daily Mail, senior Whitehall sources said that if...
View ArticleCyprus crisis boosts London house prices
HOUSE prices in Britain recorded their strongest monthly jump in three years in March partly as a knock on effect of the crisis in Cyprus, UK property analyst Hometrack said yesterday.The 0.3 per cent...
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Fatigue and fear as Cyprus’ history is rewritten
Author: Poly Pantelides OVER THE last week most Cypriots have watched the dramatic events unfold with morbid fascination, aware that their lives were about to change in ways not seen since the Turkish...
View ArticlePush to saddle BoC with Laiki’s debt
Author: George Christou THE GENERAL view in Nicosia, after Thursday’s decision to restructure Laiki Bank, was that the road had opened for an agreement with the troika.The legislature would approve...
View ArticleFurther limits on ATM cash withdrawals
Author: Poly Pantelides TRYING to avert a further ATM run on Cyprus’ banks, daily withdrawal limits were further limited yesterday across the two biggest banks. The Bank of Cyprus said on its website...
View ArticleOur View: Our inept Central Bank governor must go
REGARDLESS of what was decided at last night’s Eurogroup, on his return to Cyprus President Anastasiades should give serious consideration to removing the governor of the Central Bank, Panicos...
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