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Scant support for tweaking bailout deal
By Elias Hazou CYPRUS found scant support yesterday for any changes to its bailout programme, with eurozone finance ministers and officials dismissing the idea. “Determined implementation of the...
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Torres hits four as merciless Spain crush Tahiti 10-0
By Mike Collett Spain won by a landslide as expected but tiny Tahiti emerged with their reputations enhanced and their dignity intact despite their 10-0 loss to the world and European champions in the...
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Helpline receives hundreds of calls from abused women and girls
IN THE first five months of 2013 the Mediterranean Institute of Gender Studies (MIGS) has responded to 685 calls concerning male violence against women and girls, including sexual violence and rape, it...
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Cyprus falling behind in the digital age
By Peter Stevenson CYPRUS needs to enter the digital era sooner rather than later as it is believed that by 2015, some 90 per cent of jobs will require some form of computer knowledge. It was with that...
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Former CBC boss says he has nothing to hide
By Stefanos Evripidou CYPRIOT FINANCIAL crime authorities are investigating the “suspect” transfer of €1m in 2007 from a Greek ship owner’s account to that of a company headed at the time by the...
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Haircut rumours persist after co-op chief steps down
By George Psyllides THE OUTGOING chief of the Cooperative Central Bank (CCB) yesterday rubbished rumours that a haircut on deposits was on the cards, assuring that the cooperative movement had ample...
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‘Eurogroup agreed to help tackle some of the difficulties’
By Stefanos Evripidou THE CYPRIOT authorities are ready to cooperate with the troika to see how to tackle some of the “difficulties” that have arisen during implementation of the terms of the Cyprus...
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Little attention to private sector debt problems
In all the discussions in the press on the “Cyprus financial crisis” very little attention has been paid to the private sector debt problem. Cyprus has very high private indebtedness (household and...
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It’s high time the UK paid up for bases
By Yiorghos Leventis THE CURRENT financial crisis vexing Cyprus makes the history -and sharp-eyed observer ponder over the recent course of the small Mediterranean state’s financial and political...
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Our View: Government needs to re-think net metering scheme for vulnerable groups
ALTHOUGH the government announced that it would allocate funds for investment in renewable energy sources (RES), as a way of helping the economy’s recovery, the relevant budget bill is still gathering...
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The great milk, and egg rip-off
MILK, cheese and eggs in Cyprus are the most expensive in the EU, according to the latest Eurostat report clocking in at 141 per cent of the EU average of 100 per cent. According to the report,...
View ArticleCypriot expats donate $460,000 for the needy
Cypriot expat organisations and private individuals in the USA donated $460,000 to the Relief Fund for Cyprus, which was set up to provide support to crisis-stricken people on the island. Archbishop...
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ERT’s profligacy pales in comparison to CyBC’s
By Loucas Charalambous THE BIZARRE story of Greece’s public broadcaster ERT gave the opportunity to the spoilt employees of CyBC to show their true character. They stopped everything they were doing in...
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Famagusta, confidence building and economic growth
By Costas Apostolides One of the victims of the economic crisis has been the UN sponsored talks for a Cyprus settlement, which have now been put back until October. President Anastasiades has his hands...
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You are the Jokers but I am Batman
By Hermes Solomon DON’T ASK me what you can do for your country; just tell me what the hell you’ve done to your country! Between 2004 and 2011, over fifty members of various boards of Laiki Bank...
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Poison gas and red lines
By Gwynne Dyer FOOL ME once, shame on you. (The Taliban regime in Afghanistan helped al-Qaeda to plan 9/11. We must invade.) Fool me twice, shame on me. (Saddam Hussein is building weapons of mass...
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Bag blunder leads to budget flight blues
A Letter from London by Alexia Saoulli One thing I love about living in London is how easy it is to visit friends and family in Northern Ireland. One thing I hate is the use of budget airlines to get...
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Credit cards stolen
Paphos police arrested five people yesterday in connection with two separate cases of card theft. In the first instance, police arrested three men and a woman, aged between 27 and 36, on suspicion of...
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Cyprus can’t take any more asylum seekers says minister
By George Psyllides CYPRUS cannot sustain any more asylum seekers, Interior Minister Socratis Hasikos said yesterday. He was speaking at an event held at the EU House focused on the lives of political...
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Our view: It’s time to play the EU game by their rules
THE RESPONSE by the Eurogroup and the ECB to President Anastasiades’ letter asking for some changes to the Memorandum of Understanding was an unequivocal ‘no’. Finance ministers on their way into...
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