Clik here to view.
Historic visit by Russian warships
Author: Peter Stevenson THREE warships from Russia’s Pacific Fleet entered Mediterranean waters for the first time in decades, docking in Limassol port yesterday.“The task force has successfully...
View ArticleCapital controls relaxed further
THE TWELFTH decree on capital controls was released yesterday with two new relaxations. These include the increase in amount of non-cash payment or money transfer from €10,000 to €15,000 per month per...
View ArticleCost cutting pays off in first quarter
Author: Peter Stevenson PUBLIC FINANCES recorded a surplus of €44.2m during the first quarter of 2013 due to a reduction of government expenditure by 17.2 per cent. Despite a reduction of 7.6 per cent...
View ArticleClik here to view.
Orphanides: they trashed the banks to win votes
Author: Stefanos Evripidou FORMER CENTRAL Bank Governor Athanasios Orphanides yesterday accused his successor and the previous government of launching an assault on the banking system to win votes in...
View ArticleClik here to view.
Shiarly: no excuse for spending money you do not have
Author: Poly Pantelides THERE is no excuse for spending money you do not have and creating huge fiscal deficits, especially when excluded by international markets, former Finance Minister Vassos...
View ArticleOur View: Government needs to get its priorities straight
IT IS DIFFICULT not to share the anger of deputies over the government’s decision not to open the four regional ambulance stations that are ready for operations, because of the freeze on new...
View ArticleClik here to view.
Downer in the dog house over dinner diplomacy
Author: Stefanos Evripidou PRESIDENT NICOS Anastasiades yesterday accused UN Special Adviser Alexander Downer and his team of undermining the president’s credibility and the prospects of resuming...
View ArticleClik here to view.
A forlorn Polis campsite opens for the season
Author: Bejay Browne THE campsite at Polis in Paphos is starting the summer season without any of the long-promised upgrades to ageing facilities and a new forestry programme under which around 60 of...
View ArticleClik here to view.
Helping small businesses beat the crisis
Author: Poly Pantelides ENTREPRENEURS will tell you time and time again that crisis yields opportunity. Cyprus’ ongoing crisis - expected to get far worse before it gets any better - has been shaking...
View ArticleClik here to view.
UNHCR concerned over Kurdish families
THE UN Refugee Agency (UNHCR) has said it was greatly concerned over deteriorating conditions of asylum seekers in Cyprus, offered to support the government and called for accelerating actions on...
View ArticleClik here to view.
Anastasiades calms concerns over UN document
Author: Poly Pantelides PRESIDENT Nicos Anastasiades yesterday tried to allay concerns over a United Nations document on the Cyprus problem that has been interpreted by some political parties as an...
View ArticleElena Ambrosiadou wins legal battle
A COUPLE whose relationship ''turned toxic'' after they were involved in the creation of a successful investment management business have been criticised by a High Court judge in London following a...
View ArticleState provides €4m for student grants
Author: Peter Stevenson THE EDUCATION ministry has announced it would be granting €4 million in student grants for those studying at state-run and private universities for the current academic...
View Article'Why did ministers not blame bankers?'
CYPRUS’ current predicament was caused by greedy bankers maximising their profits irrespective of risk, former finance Kikis Kazamias said yesterday. “It must finally be understood that the operative...
View ArticleClik here to view.
Tales from the Coffeeshop: Hallelujah, the Cyprob makes a welcome return
REJOICE, rejoice and hallelujah, the Cyprob is back. Everyone’s favourite problem has returned to our sun-kissed shores, putting the smile back on our politicians’ faces after some very difficult...
View ArticleOur View: Politics remains the art of the unattainable
VACUOUS rhetoric and conspiracy theories have been constant features of our political life. The politicians may change but the tradition of churning out empty and usually irrational slogans and...
View ArticleClik here to view.
Further raid on BoC possible
Author: Elias Hazou THE Bank of Cyprus, touted pillar of the economy, may yet stay afloat - but at what cost? If the lender’s consolidated balance sheet - released this week - is anything to go by,...
View ArticleCyTA boss says outside interest in loan proposal
Author: Poly Pantelides THREE institutions from abroad have displayed an interest in a proposal by semi-state companies (SGOs) to secure a €1.4 billion loan in order to avoid being privatised as part...
View ArticleClik here to view.
New parole board sworn in
Author: Poly Pantelides THE MEMBERS of a new parole board were sworn in yesterday, 11 months after the previous board’s tenure expired, leaving dozens of convicts hanging because there was nobody to...
View ArticlePolice gear up for cup final
Author: Peter Stevenson TWO POLICE vehicles and a shop window were damaged in Nicosia by APOEL fans on Saturday after the Anorthosis vs. APOEL match, police said. According to reports, at around...
View Article
