Our View: CBC Governor has shown he cannot be trusted to take the right...
THE PRESIDENT of the European Central Bank Mario Draghi was quick to come to the defence of Cyprus’ Central Bank Governor Panicos Demetriades. In a letter sent to President Nicos Anastasiades, Draghi...
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Funeral of Iron Lady Thatcher starts after London procession
Author: Maria Golovnina and Costas Pitas BORNE aloft on the shoulders of eight military servicemen, the coffin of Margaret Thatcher was carried up the steps of London's main cathedral on Wednesday for...
View ArticleFarmers urge people to buy Cypriot produce
Author: Peter Stevenson FARMERS’ organisations protested yesterday against the purchase of types of imported goods Cyprus already produces, saying people should opt to buy local.“During these troubled...
View ArticleLimassol man jailed for 15 years in murder case
A 22-YEAR-OLD Limassol man was yesterday jailed for 15 years for killing his neighbour over the way he had parked his car.Eleftherios Constantinou, who suffers from mental problems, stabbed Apostolis...
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Cyprus triggers gold sale rush
FINANCE Minister Harris Georgiades said yesterday he anticipated the sale of part of the island’s gold reserves "during the next months", but the final decision rested with the Central Bank.Cyprus has...
View ArticleOpposition to public sector promotions freeze
Author: George Psyllides A RULING party bill that puts a halt on public sector promotions was yesterday rejected by unions which suggested it will not yield any significant savings but it will create...
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Honour for EAC man who saved drowning fisherman
Author: Poly Pantelides AN ELECTRICITY Authority of Cyprus (EAC) machine operator who risked his life to save an amateur fisherman from drowning a month ago was yesterday awarded in Parliament for his...
View ArticlePlan for new Cyprus vote casts uncertainty on bailout
Author: Karolina Tagaris THE €10 billion aid deal to save Cyprus from bankruptcy has been thrown into fresh uncertainty with news that the island’s fractious parliament will vote on the final...
View ArticleOur View: Semi-state bodies need to get a grip
SOME sections of this society will never learn. Despite everything Cyprus has been through over the past month, and everything that is yet to come, semi-government organisations (SGOs) still want to...
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Rehn gets a roasting from MEPs over Cyprus
Author: Stefanos Evripidou and Peter Stevenson ANGRY European lawmakers yesterday roundly condemned the handling of the Cyprus bailout programme, blaming the Eurogroup for its appalling...
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Deadly explosion, fire rip through Texas fertilizer plant
Author: Regina Dennis An explosion tore through a fertilizer plant and leveled dozens of homes in a small Texas town late on Wednesday, killing a number of people, injuring more than 160 and spewing...
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NEW: German parliament approves Cyprus bailout
Germany's lower house of parliament voted overwhelmingly on Thursday in favour of a bailout for Cyprus.Of the 602 lawmakers in the Bundestag who voted on the €10 billion rescue, 487 backed it, while...
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CING marks another year of accomplishments
Author: Peter Stevenson TO MARK International DNA Day on April 25, The Cyprus Institute of Neurology and Genetics (CING) announced ten of its most important achievements in the last year, including...
View ArticleKISA says refugee was driven to suicide
Author: Poly Pantelides A REFUGEE who left behind his wife and four children in Syria was driven to suicide on Wednesday, in what migrant support group KISA said was just another example of the...
View ArticleTaxman chases KOA on travel expenses
Author: Peter Stevenson THE ISLAND’S tax authorities will begin contacting people hired between 1999 and 2004 by the Cyprus Sports Organisation (KOA) as they attempt to recoup around €200,000 in...
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Uncertainty looms for private education
Author: Maria Gregoriou THE ECONOMIC crisis will force some parents to remove their children from private schools while new enrollments are expected to drop.Many private schools are offering...
View ArticleCreation of LNG plant looks certain
Author: Elias Hazou PRESIDENT Nicos Anastasiades is today likely to announce his government’s formal policy decision to press ahead with the construction of a liquefied natural gas (LNG) plant on the...
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Viability of BoC ‘a national priority’
Author: George Psyllides THE viability of the Bank of Cyprus (BoC), the island’s biggest, is a national priority, new ruling DISY leader Averof Neophytou said yesterday, as he called for the...
View ArticleVgenopoulos fails to show at court
CITING what appeared to be a technicality, former Laiki strongman Andreas Vgenopoulos failed to show up in a Paphos court yesterday to answer charges that he had misled investors into buying high-risk...
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Airport charge still a thorny issue
Author: George Psyllides INCENTIVES and liberalisation of flights could increase the tourist flow to Cyprus by 400,000 people per year, the House Commerce Committee heard yesterday.Lawmakers and the...
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