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Co-op hopes to regain ownership in five years

By Stefanos Evripidou THE CO-OPERATIVE Movement hopes to regain ownership of its banks within five years of their nationalisation, said outgoing general manager of the Central Co-operative Bank (CCB)...

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Infanticide and monogamy

By Gwynne Dyer SCIENCE writer Matt Ridley once described the human mating system as “monogamy plagued by adultery,” which sounds a little judgmental. Perhaps we should just agree that we are an...

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Our View: State’s ‘middle way’ on bird trapping sends wrong signal

ANOTHER damning report about Cyprus’ reluctance to enforce the law against the killing of protected bird species was issued this week. It was not the first and it would certainly not be the last such...

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New hospital fees keep the patients away

By Poly Pantelides OUTPATIENT numbers at the state’s overworked hospitals dropped by half overnight with yesterday’s introduction of new charges, the health minister said. Petros Petrides said state...

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Jail for four found guilty in Mari blast

  Former defence minister Costas Papacostas was sentenced to five years jail on Friday on charges of manslaughter for his role in the July 11, 2011 Mari naval base blast, in which 13 sailors and...

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Tavern becomes target of hate after kitten incident

By Maria Gregoriou A TAVERN in the Aglandjia suburb of Nicosia has become the target of threats and ‘hate mail’ after a kitten was allegedly hit and kicked onto the road after jumping on a table in the...

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New decree on opening bank accounts

THE FINANCE ministry announced yesterday that it was easing restrictions regarding the opening of new bank accounts. The new provisions are included in the 19th decree on capital controls. According to...

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US declares new push to defuse Egyptian crisis

By Tom Perry and Michael Georgy The United States said on Friday it would work with other nations to resolve Egypt’s crisis peacefully, injecting new energy into a push to end a bloody standoff since...

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BoC auditor speaks of risky pending policies

By Poly Pantelides THE ISLAND’S biggest lender’s expansion overseas was driven by a risky lending policy, which led to an increase of non-performing loans and risky assets, the Bank of Cyprus’ (BoC)...

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House working to limit CBC powers over new BoC

By Stefanos Evripidou PARLIAMENT IS working to limit the powers of the Central Bank of Cyprus (CBC) as the resolution authority over the former Laiki (Popular) Bank and wrestle control of the majority...

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Our View: Election results will change nothing in the north

THE GENERAL view, regarding the elections in the north, was that the Turkish Cypriots voted against the Turkey-‘TRNC’ protocol, which envisages cuts in public sector spending and the privatisation of...

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‘A betrayal of those who died’

By Poly Pantelides THE JAIL sentences handed down to former defence minister Costas Papacostas and three others found guilty in the Mari trial failed to satisfy relatives of the 13 victims yesterday....

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Whatever happened to common courtesy?

On June 1 this year you published an ‘Open Letter’ from me to the President. This sought for him to explain the logic of the island’s 10% expatriate community being unable to vote in any election for a...

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Welcome to the actual working class

I am disgusted about a the news that is coming to light, but as we all know, no-one will be brought to justice since everyone who has amassed their wealth over the last years is either a...

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Joyfully dancing into the abyss

WHEN people say that mentality never changes, I usually play devil’s advocate and support the contrary, despite my admission that it takes a dramatic event to alter the mindset of the general...

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Playing games with property taxes

By Hermes Solomon MIRACLES TO alleviate dire poverty promised by our president will begin on July the first 2014 and not before. On that date, the poor and struggling will receive help in paying their...

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From fire fighting to coherent policy

By Theodore Panayotou THE PREVIOUS government’s procrastination was such that many problems accumulated that needed urgent handling. With the public coffers empty, the banks insolvent, businesses...

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Apparently the invasion is to blame for bailout

By Loucas Charalambous BELOW is an excerpt from the transcript of the exchange between the chairman of investigative committee for economy, retired judge Giorgos Pikis and Michalis Sarris who was...

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Archbishop: potential investors from Russia want to visit

By Poly Pantelides ARCHBISHOP Chrysostomos II said on Saturday that potential investors from Russia had expressed their desire to visit the island with a view to investing in tourism and energy, “and...

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Paphos zoo celebrates new arrivals

By Bejay Browne PAPHOS Zoo is celebrating the birth of a number of animals and birds and is anticipating the arrival of their first penguins, but they say they are concerned about the falling numbers...

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