Monthly Archives: November 2008

Archives November 29, 2008 posted by

Abbot suspended over land deal scandal

FATHER Ephraim, the controversial Cypriot abbot of the Vatopedi Monastery on Mount Athos will refrain from fiscal duties until the investigation into dubious land dealings is resolved, reports said last night.

The Mount Athos monastery is accused of cheating the Greek government out of millions by underhandedly swapping cheap land for prime real estate.

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Archives November 29, 2008 posted by

Anorthosis need to put boardroom tension behind them

LEAGUE leaders Anorthosis Famagusta go into tomorrow’s game against bottom club Atromitos aiming to put this week’s boardroom wrangling behind them.

A private disagreement between members of the Anorthosis board over the management of the club’s finances became public this week, forcing club president Andreas Pandeli and coach Temuri Ketsbaia to make a statement about the issue.

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Archives November 29, 2008 posted by

Sir Nicholas Stern and drowning by numbers…)

LAST NIGHT Lord Stern of the LSE and author of the highly influential Stern Review on the effects of climate change addressed a packed audience at the Megaron in central Athens.

But these were not your usual environmental crowd in their gaily-coloured clothes, these were mostly middle-aged men in sober suits – the elite of Greek business community.

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Archives November 29, 2008 posted by

From the sublime to the ridiculous

PLAN B keeps coming in and out of the news just like a trailer for a new reality TV show, enticing us to partake in a different agenda. The fact is Plan A for the reunification of Cyprus is the only option, through a peacefully negotiated agreement, so Plan B, whatever it is, and whoever believes in it must presumably oppose this.

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Archives November 28, 2008 posted by

UK Cypriot tycoon killed in bloodbath

A GREEK Cypriot yachting magnate was among the hostages gunned down by terrorists in a Mumbai hotel yesterday, moments after telling of his panic by mobile phone.

Entrepreneur Andreas Liveras, 73, holder of a British passport, was among four other people shot dead in the hotel basement, after gunmen opened fire indiscriminately.

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Archives November 28, 2008 posted by

One per cent of GDP to tackle crisis

CYPRUS will spend close to one per cent of its GDP in tackling the global credit crunch, Finance Minister Charilaos Stavrakis said yesterday.

“A 10 per cent increase in the implementation rate of the development budget creates an additional liquidity of €100 million for the Cypriot economy,” Stavrakis said after a working lunch with EU ambassadors organised by the French embassy.

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Archives November 28, 2008 posted by

Safety warnings for those in world’s hotspots

THE FOREIGN Ministry was busy yesterday issuing warnings and help information for Cypriot nationals in various hotspots around the world from India to the Congo.

Other than the death of a Cypriot with British nationality, the only Cypriot passport holder in Mumbai is a female student.

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