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EU committed to bailout deal
Author: Stefanos Evripidou THE EUROGROUP yesterday pledged to agree a bailout for Cyprus by the end of March, following agreement last night on an “independent evaluation” of the island’s anti...
View ArticleGreece and Cyprus stand together on foreign policy and economy
Author: Peter Stevenson FOREIGN Minister Ioannis Kasoulides met his Greek counterpart Demetris Avramopoulos yesterday in Athens, with the Cyprus problem, the economy and Cyprus’ application for...
View ArticleLNG terminal is the ‘only way forward’
Author: Stefanos Evripidou BUILDING a costly liquefied natural gas (LNG) terminal is the only way for Cyprus to export its hydrocarbons, said head of Cyprus’ state hydrocarbons company (KRETYK)...
View ArticleDowner hoping to restart talks
Author: Stefanos Evripidou UN SPECIAL Advisor Alexander Downer was in Cyprus yesterday to prepare the ground ahead of next week’s meetings with the two leaders, where he hopes to clear a path towards...
View ArticleKyprianou: army assured me munitions were safe
FORMER foreign minister Marcos Kyprianou said yesterday that he had been assured that it was safe for Cyprus to keep the Iranian munitions cargo that was confiscated and stored at a naval base in Mari...
View ArticleJuncker: Cyprus should be treated with care
FORMER Eurogroup president and Prime Minister of Luxembourg Jean-Claude Juncker has said that Cyprus’ financial problems should be addressed with the same care demonstrated in the case of Greece,...
View ArticleOmonia fan gives up pension in bid to save club
Author: Peter Stevenson A WORLD War II veteran and pensioner handed his €500 monthly pension over to Omonia Football Club yesterday, in a bid to help his beloved team collect €5 million in order to...
View ArticleEU launches probe into state aid for Cyprus Airways
Author: George Psyllides EUROPEAN Union competition regulators are investigating whether €104 million in state aid granted to national carrier Cyprus Airways (CY) complies with EU state aid rules, it...
View ArticleCB chief under fire for capital gains levy
Author: George Psyllides FINANCE Minister Michalis Sarris yesterday implicitly rejected a suggestion by the Central Bank chief that a levy be imposed on earnings from bank deposits, saying such a move...
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Our View: Things not looking good for national carrier
THINGS are not looking good for Cyprus Airways. On Monday it announced losses of €55.8 million for 2012 which were more than double its losses for 2011. Revenue for last year was down by 17.6 per cent...
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Church speaks out on cremation, civil partnerships and periods
Author: Peter Stevenson THE HOLY Synod said yesterday it opposed draft legislation which regulates cremation and allows civil partnerships, and seemed to hint strongly it still upheld a mediaeval...
View ArticleHezbollah member to hear plot verdict March 21
A HEZBOLLAH member appeared in a Limassol court yesterday for the last time, before it rules on whether he plotted to attack Israeli interests for the Iran-backed Lebanese group.If the court finds the...
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Anti graft bill highlight of slew at House yesterday
AN ANTI-graft bill was the highlight of some 70 items of legislation tabled to the plenum yesterday during the body’s first session after the formation of the new government.A bill drafted by DISY and...
View ArticleState aims to trim spending abroad
THE government plans to trim redundant personnel serving abroad, among others, as part of a broader drive to curb the state payroll.The President has asked the Defence Ministry to explore the...
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Minister plays down Egypt pulling out of EEZ reports
Author: Stefanos Evripidou FOREIGN MINISTER Ioannis Kasoulides yesterday played down reports that Egypt was preparing to annul its Exclusive Economic Zone (EEZ) agreement with Cyprus.The minister...
View ArticleTough fight ahead to save CY
Author: Stefanos Evripidou THE GOVERNMENT and Cyprus Airways (CY) have a “tough fight ahead” to convince the European Commission of the need to save the national carrier from closure, Communications...
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Distressed family seeks redress at ECHR
Author: Nathan Morley A BRITISH FAMILY are heading to the European Court of Human Rights after the Cyprus justice system dismissed inquest findings that a Paralimni doctor failed to diagnose their...
View ArticleGerman Green wants Cyprus aid tied to peace talks
A LEADER of Germany's opposition Greens party says Europe should make the Cyprus' bailout conditional on reviving talks about reunification."In the debate about financial help for Cyprus the question...
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‘Cyprus has become a colony again’ [with video]
Author: Peter Stevenson CYPRUS has become a colony once more, this time of Europe, or at least according to the lyrics of a new song by journalist and poet Leonidas Malenis says. The song sees Malenis...
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Our View: Only interests served by bank memo leak are CB chief’s own
DEMETRIS Christofias might no longer be president, but the man he appointed as Governor of the Central Bank, Panicos Demetriades appears intent on continuing his work – the destruction of the Cyprus...
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