DON’T panic: that was the message yesterday from real estate developers, who insisted the property market wasn’t about to fold under the weight of the global credit crunch.
At the same time, the Land and Building Developers Association (LBD) say there was a lot to be done to improve the market.
Read MoreIN A first for Cyprus’ ‘Wild West’ football, the government has employed name-and-shame tactics to keep hooligans out of stadiums.
The measures come in the wake of the latest bout of violence at two sports venues last weekend.
Read MoreUNEMPLOYMENT in Cyprus is at very satisfactory levels, though this doesn’t mean the government will rest assured, the Labour Minister told Parliament yesterday.
Presenting her ministry’s budget for 2009, Sotiroula Charalambous informed the House Finance Committee that unemployment in September reached just 3.8 per cent, according to European statistics.
Read MoreCYPRUS has dropped seven places on the Euro Health Consumer Index (EHCI) launched in Brussels yesterday, sliding from 13th to 21st in one year.
“This is a notable decline from last year,” said a statement from EHCI.
In six categories, covering 34 performance indicators, Cyprus scored 563 points out of a potential 1,000.
Read MoreA FORMER Greek Cypriot classmate of Thanos Papalexis said yesterday he was shocked to hear of the Greek property dealer’s arrest in connection with the gruesome murder of a Greek Cypriot man in London in 2000.
Read MoreFOR the first time in Cyprus, 500 religious leaders, at least ten heads of state, and hundreds of representatives of different cultures, all in search of peace, will gather this weekend for a three-day conference.
Read MoreTHE UN Secretary-general’s Special Adviser on Cyprus Alexander Downer said yesterday he still believed ongoing negotiations on finding a solution to the Cyprus problem would result in success – albeit more slowly than some had hoped.
Read MoreTHE HOUSE Health Committee yesterday reached a compromise on the Green Party’s proposal for a total smoking ban.
Green Party MP George Perdikis agreed to amend his bill after disagreements were expressed by AKEL and EDEK regarding a ban in all public areas and entertainment establishments.
Read MorePARLIAMENT yesterday gave the thumbs-up to €50 million in additional government spending earmarked at tackling the drought.
The motion was approved by a majority of 29 votes (with 14 abstentions). The cash is part of a total package of €117.5 million included in the supplementary budget for 2008.
Read MoreMOBILE phone users in Paphos are being bombarded with text messages claiming they’ve won a Toyota Landcruiser VX worth $140,000.
Recipients are asked to call a telephone number in Kenya to confirm delivery arrangements. They are then asked for personal information such as ID numbers, and told they must pay all the relevant taxes and transportation fees.
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