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Our View: ‘Historic’ MoU with Israel must be followed through with actions

YESTERDAY’S signing of the memorandum of understanding on energy and water resources by Cyprus, Greece and Israel was hailed as ‘historic’ and in a sense it was. There has never before been such an...

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Lifting Cyprus’ energy isolation

By Stefanos Evripidou THE ENERGY ministers of Cyprus, Greece and Israel yesterday signed in Nicosia a first-ever Memorandum of Understanding (MoU) between the three countries on cooperation in the...

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Hay blaze was arson

Police are investigating a case of arson after 7,000 bales of hay were destroyed by a fire in an enclosure in Deftera early Friday, causing an estimated €128,000 worth of damage. A fire broke out...

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Injured in car crash

Three people were injured in a road accident shortly before midnight on Thursday in Kissonerga in Paphos, police said. At around 11.45pm on Thursday a car travelling along Dorou Loizou Street in...

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Gunmen abduct two Turkish Airlines staff in Beirut

A Turkish Airlines pilot and his colleague were abducted in Lebanon on Friday by armed men who forced them from a bus driving from Beirut airport in the early hours of the morning. The Turkish foreign...

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Great opportunity to resolve Cyprus problem: Obama

US President Barack Obama said on Thursday a great opportunity existed to resolve the Cyprus problem, as he pledged to work closely with Greece to achieve progress on the issue. Following a meeting...

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Military plane bursts into flames at Mogadishu airport

By Abdi Sheikh and Feisal Omar An Ethiopian military aircraft carrying ammunition crash-landed at Mogadishu’s international airport on Friday, bursting into flames and killing four of the six crew...

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Bishop appeals for public help in wake of church thefts

Paphos Bishop Georgios has urged people to help guard churches in the district following a spate of burglaries and the theft of thousands of euros worth of artefacts. “People are exasperated; this is a...

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CY sells off prime real estate for €3.1m

  NATIONAL CARRIER Cyprus Airways (CY) on Friday announced that it had proceeded with the sale of prime Nicosia real estate, injecting over €3m into its parched coffers. According to the announcement,...

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Turkish Cypriot seller was ‘fearful’ of buyer’s connections in CyTA deal

By Poly Pantelides THE MAN who sold land on location in what would later become a pension fund investment for the Cyprus Telecommunications Authority (CyTA) did not pursue more attractive deals because...

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Court throws out local authority’s demand to demolish wheelchair ramp

By Maria Gregoriou THE NICOSIA district court has rejected Strovolos Municipality’s application to demolish a wheelchair ramp outside a pharmacy, which was built without permission. Judge Sophia Kleopa...

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Pitifully paid domestic workers have wages cut by state

By Stefanos Evripidou THE GOVERNMENT has decided to reduce the fixed salary of domestic workers by five per cent, a move described by migrant support group KISA as a “tragic” decision against the...

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Co-op stats reveal huge extent of non-performing loans

By George Psyllides NON-PERFORMING loans (NPLs) in some small co-operative banks are so high that in one case they have reached 88 per cent, Central Bank (CBC) data showed yesterday as parliament...

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Yet another bad idea

By Timothy Spyrou THE NEWS, if confirmed, that the government intends “to appoint a fully political board” which will consist of non-executives, while the current executive directors of the Cyprus...

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Our View: The hypocrisy, opportunism and populism of the communist party are...

THE OPPORTUNISM and hypocrisy of AKEL’s cheap demagoguery knows no bounds. Every day their spokesmen take the moral high ground, making scathing statements against some government decision or other,...

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‘Bail-in lawsuits will clog up courts even more’

By Peter Stevenson EIGHT months after warning that the justice system was a step away from collapse, and a month from the new judicial year, the Bar Association said yesterday the situation had now...

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Obama pledges greater transparency in surveillance programmes

By Steve Holland and Jeff Mason President Barack Obama announced plans on Friday to limit sweeping U.S. government surveillance programmes that have come under criticism since leaks by a former spy...

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US to reopen 18 of 19 foreign posts closed amid security concerns

By Richard Cowan Eighteen of the 19 U.S. embassies and consulates closed this month due to worries about potential terrorist attacks will reopen on Sunday, the U.S. State Department said on Friday....

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Was hard austerity the best option for Cyprus and the euro?

By Theodore Panayotou The hard austerity prescribed by the Eurogroup is based on the idea that, if overspending and wasteful use of resources are the root of large public deficits and accumulated...

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Confirmed: the econ probe is a farce

By Loucas Charalambous LAST WEEK I wrote about the irrational attitude of the president of the investigative committee for the economy, Giorgos Pikis, after the crazy questions he had asked former...

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