Daily Archives: July 5, 2007

Archives July 5, 2007 posted by

Tassos’ £111m spending spree

THE GOVERNMENT went on a £100 million spending spree yesterday, with plans to increase the tax-free income threshold and raise pensions and cash grants to boost flagging birth rates ahead of eurozone admission and presidential elections next year.

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Swift action contains two more fires

TWO MORE forest fires broke out in the Paphos and Larnaca districts yesterday, following the weekend’s devastating fires in the Saittas area.

According to the Fire Services, the first blaze started at 10.35am in an area between Holetrion and Nata villages, with the second three hours later at Kalavassos in Larnaca.

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Who’s watching over summer schools?

THE MINISTRY of Education came under fire this week for allowing dubious ‘summer schools’ to function despite not offering any form of solid certification, not having to meet any requirements and having no real in-class education.

But no sooner had the allegations been made, when it became clear that no specific ministry was willing to take responsibility for the schools.

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Cyprus completes destruction of anti-personnel mines

CYPRUS HAS completed the programme for the destruction of stored anti-personnel mines, thus fulfilling its obligations to the Ottawa Convention.

To mark this occasion, the government will be holding a special ceremony on July 10, at the National Guard shooting range near the village of Tseri, south of the capital Nicosia.

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Competition watchdog fines Marfin

MARFIN Popular Bank yesterday got a slap on the wrist from the competition regulator for having breached mergers and acquisitions laws.

MPB was fined £5,000 for not notifying the Commission for the Protection of Competition (CPC) before it acquired a stake in Bank of Cyprus.

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Tassos libel trial on hold until after summer

A HIGH-PROFILE libel case in Nicosia has been adjourned until September on technical grounds.

Tassos Papadopoulos & Co are suing the Financial Times for suggesting the law firm facilitated the siphoning of billions of dollars out of the former Yugoslavia at a time when UN sanctions were in force.

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Gaza ship to sail from Cyprus

SHIPS CARRYING up to a hundred international volunteers are set to travel from Cyprus to the Gaza Strip in August to mark the fortieth anniversary of the capture of the West Bank, Gaza Strip and East Jerusalem by Israeli forces in the 1967 Six Day War.

The action is meant to test the legitimacy of Israel’s withdrawal from the occupied Palestinian territory in 2005.

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