Author Archives: Leo Leonidou

Archives April 30, 2013 posted by Leo Leonidou

Jovanovic to leave champions APOEL



APOEL manager Ivan Jovanovic will be leaving the club at the end of the season.

The Serbian, who has won four league titles and a Cyprus Cup with the Nicosia giants, informed the board of his decision less than a week after securing the club’s 22nd championship.

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Archives April 22, 2013 posted by Leo Leonidou

APOEL open up huge lead after beating AEK

APOEL coach Ivan Jovanovic was delighted with his side’s 1-0 victory over AEK in the championship playoffs at the GSZ Stadium in Larnaca on Sunday afternoon which opened up a commanding eight-point lead over Anorthosis at the top of the table.

“AEK were better than us today, they moved the ball really well and controlled the match,” said Jovanovic. “I can understand that my players felt a lot of pressure since the match was of great importance to us. In the end we managed to get a great victory and this result may now help us approach the remaining three matches slightly more relaxed,” he added.

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Archives April 21, 2013 posted by Leo Leonidou

Russia ties Cyprus loan terms to release of VTB assets

RUSSIA wants to play a bigger part in talks over solving Cyprus’ financial problems but will only restructure its loan to the island if its interests here, especially those related to VTB Bank, are protected, Moscow’s finance minister said.
Russian banks and companies have poured money into Cyprus since the 1990s, taking advantage of low taxes and relaxed business regulations.
Many of them were caught unprepared when major account holders were told they would lose a proportion of their deposits over €100,000 under a European Union bailout to save the islandy from bankrutpcy.

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