CyBC still suffering 'sick building syndrome'
Author: Jacqueline Agathocleous THE CYPRUS Broadcasting Corporation (CyBC) may have taken some steps to improve the dire condition of its premises, but the problem has not yet been resolved, the...
View ArticleCY given approval to hire consultants
Author: Elias Hazou LAWMAKERS yesterday gave the thumbs-up to Cyprus Airways’ (CY) choice of consultants charged with drafting a restructuring plan whose objective is to turn the ailing company into...
View ArticleFacebook app allows power comparisons
Author: Poly Pantelides FIND OUT how much electricity you consume compared to your friends, those in your neighbourhood, or even your district with Facebook application ‘Social Electricity’, which...
View Article'How I found out my son had died at Mari'
Author: Poly Pantelides AN EMOTIONAL Larnaca district fire chief told the court during his expert testimony yesterday about how he found out his son was among the six fire fighters killed in the 2011...
View ArticleCulture capital face off
Author: Jacqueline Agathocleous THE MOMENT of truth has arrived: who will be crowned Europe’ Capital of Culture 2017, Paphos or Nicosia?After visiting both cities on Wednesday and yesterday, the...
View ArticlePopular Bank state aid wins EU regulatory approval
CYPRUS Popular Bank gained EU regulatory approval yesterday for €1.8 billion in rescue capital granted by the Cypriot authorities to ensure its financial stability.The European Commission said it was...
View ArticleCB boss hopes bailout agreed soon
CENTRAL Bank Governor Panicos Demetriades said he hopes Cyprus will agree on a bailout with its lenders as soon as possible, though he does not expect it to happen this month.The island applied for...
View ArticleState scrambles to finish its own economic plan
Author: George Psyllides THE government has almost finished drafting its own austerity package, its spokesman said yesterday, as parties and unions voiced their opposition to measures proposed by...
View ArticleOur view: Reported troika measures seem to be reasonable and logical
NOBODY knows who leaked the document containing the troika’s proposed measures for the Cyprus economy, but whoever it was has performed a useful service. Now people do not have to rely on speculative...
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Troika leaves no stone unturned
Author: Elias Hazou AS EU finance ministers began converging on the island for crucial debt crisis talks, fresh details emerged of a 20-page draft calling for sweeping changes to Cyprus’ imploding...
View ArticleGreens decide to wait a little longer to pick a side in election
Author: Jacqueline Agathocleous THE GREEN Party will next month choose whether to back main opposition DISY’s Nicos Anastasiades or independent candidate Giorgos Lillikas in February’s presidential...
View ArticleCyprus faces crippling fines for landfill failures
Author: Stefanos Evripidou CYPRUS COULD face crippling fines for failing to get rid of the 60 landfill sites still in operation across the country, parliament heard yesterday. Interior Minister Eleni...
View ArticleTeachers insulted by 'twisted' wage figures
Author: Jacqueline Agathocleous PRIMARY school teachers’ union POED slammed reports saying they were the third best paid among 34 states, describing the news as “criminal misinformation”.The union...
View Article'Private and public workers should unite'
Author: Jacqueline Agathocleous THE PRIVATE and public sectors need to work together to fight against the unfair austerity measures being promoted by the government, and not battle against each...
View ArticleAnkara under fire over Cyprus, and EU reforms
THE European Commission has serious concerns about Turkey’s statements and its threats against the Cypriot EU presidency, Enlargement Commissioner Stefan Fule said yesterday.Speaking at a news...
View ArticleOver €3b in late payments lost in past 12 months
BUSINESSES in Cyprus lost €3.3 billion in the last 12 months due to late payments in commercial transactions, creating a vicious cycle of debt that is hampering economic growth and competitiveness. A...
View ArticlePutting the squeeze on Swiss accounts
Author: George Psyllides THE government is trying to strike a deal with Switzerland that would enable it to tax deposits by Cypriots in Swiss banks, which reportedly exceed €100 million, it emerged...
View ArticleWoman killed after wind hurls crane onto car
A WOMAN was killed last night and her husband injured in a freak weather accident when strong winds hurled a 50-metre crane onto a car driven by a couple on the popular Phinikoudes promenade in...
View ArticleOur View: Indecision and procrastination have made a bad situation worse
THE GOVERNMENT spokesman Stefanos Stefanou immediately seized the part about the banking sector, in Moody’s latest report downgrading Cyprus, in order to repeat the official message that the banks are...
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Cabinet approves €300m for new jobs
Author: George Psyllides THE government yesterday announced a €300 million stimulus package aimed at creating jobs and boosting the construction, housing and energy sectors.The package, approved by...
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