Daily Archives: February 8, 2007

Archives February 8, 2007 posted by

Football chairmen in the dock over unpaid bills

CHAIRMEN of Cyprus’ top football clubs are being dragged through the courts for not paying social insurance fees for their players.

APOEL Chairman Kyriakos Zivanaris and former club chairman Prodromos Petrides appeared at the Nicosia District Court this week, having admitted to not making social insurance payments worth around £400,000.

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Lawsuits over drink driving detentions

THE GOVERNMENT is facing several lawsuits from citizens detained overnight on drink driving charges, it was revealed yesterday.

Attorney-general Petros Clerides told a House Committee this week that holding drunk drivers at police stations overnight was not recognised by Cypriot law, thus making it effectively illegal.

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Cyprus takes Turkey threats to UN

CYPRUS has officially protested to the UN over Turkish threats in relation to the oil and gas exploration off the island’s coast.

The island’s Cyprus’ Permanent Representative at the UN Andreas Mavroyiannis yesterday sent a written representation to the UN Secretary General and the President of the Security Council.

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Piraeus tender for MPB starts as rejections increase

PIRAEUS Bank’s tender for at least 40 per cent of rival Marfin Popular Bank (MPB) began yesterday, with many MPB shareholders rejecting the share swap offer by Greece’s fourth-largest lender.

In January the two banks launched rival bids to take over each other, with MPB also going after the Bank of Cyprus, the island’s largest bank.

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Letters on pipeline deal leaked to paper

THE ROW over a proposed gas pipeline deal, which was never going to happen, dragged on yesterday when correspondence from the former government was leaked to Phileleftheros newspaper.

The paper published letters sent by former Commerce Minister Nicos Rolandis and Crest, a company in which US President George Bush’s younger brother Neil was involved.

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DISY leader meets with Soyer

OPPOSITION DISY leader Nicos Anastassiades and Republican Turkish Party (CTP) leader Ferdi Sabit Soyer yesterday called for a meeting between the leaders of the two sides.

Anastassiades and Soyer met at the DISY offices in Nicosia yesterday.

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Record Spring with BirdLife Cyprus

MIGRANT swallows, swifts and other birds returning to Europe from far-off Africa are the traditional heralds of the arrival of spring.

This year BirdLife Cyprus is hoping that local children – and of course their parents – will celebrate the end of winter by participating in the ‘Spring Alive’ project co-ordinated throughout Europe by local BirdLife International partners.

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Captain jailed for docking in Famagusta

THE CAPTAIN of a Maltese-flagged ship was yesterday jailed for 45 days for docking his vessel in the occupied port of Famagusta last year.

Ukrainian Captain Mykola Lykoson had pleaded guilty to docking the Neringa in the port on September 26 before leaving dock on October 5.

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Bank of Cyprus 2006 net grows 153 per cent

BANK OF Cyprus (BoC), the island’s largest lender, has projected substantial profits for the year as it embarks on operations in Romania and Russia.

During a presentation of the group’s financial results for 2006, CEO Andreas Eliades said BoC posted some “impressive” results, and promised even better times ahead for the some 70,000 shareholders.

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