Monthly Archives: June 2011

Archives June 30, 2011 posted by

To rent,3 bedroom detached…

To rent,3 bedroom detached villa in Ayia Thekla (ayia napa area).3 double beds,bathroom, en-suite shower, downstairs w/c,washing machine,garden etc.200m from the sea,local supermarket and cafe bar. £1000 per 4 wks, long/short term lets available. £300 bond,plus own electric.

Read More
Archives June 30, 2011 posted by

PASYDY ready for decisive pan-union debate

THE GOVERNMENT faces an uphill battle today to get full union agreement on its proposal for the civil service to contribute €70m over two years to state coffers.

Unions across the board representing 60,000 employees in the wider public sector meet today to discuss the proposal with some, like secondary teachers’ union OELMEK, having already rejected it.

The government has proposed docking a small percentage from employees earning over €1,500 a month for 2011 and 2012. The special levy is based on a sliding scale with high-wage earners contributing more than those below them.

Read More
Archives June 30, 2011 posted by

Our View: Despite threats of open revolt, early polls, Papandreou shows requisite leadership

DESPITE the demonstrations and the rioting on the streets of Athens, the austerity measures were yesterday approved by Greece’s parliament. Party discipline prevailed as only one deputy from ruling PASOK voted against the €28-billion package.  Today there will be a vote on a change in law that would allow the package to be put in place. It will probably pass with the same number of votes.

Read More
Archives June 30, 2011 posted by

Bond issue oversubscribed as island goes local for cash

CYPRUS sold €714.57 million in two-year debt yesterday, paying domestic lenders 293 basis points more than a sale of bonds of similar maturity 18 months ago as financing costs surge in the eurozone periphery.

Yesterday’s auction for up to €700 million to refinance debt was oversubscribed, fetching bids of €714.568 million which were accepted, the finance ministry’s debt management office said.

The average yield for the paper, which offered a 4.50 per cent coupon, was five per cent, compared to an average of 2.07 per cent in January 2010 which then offered a two per cent coupon.

Read More
Archives June 30, 2011 posted by

Secular Turkish Cypriot teachers aghast at plans for Islamic school

SECULARIST Turkish Cypriot teachers’ unions and educationalists expressed anger yesterday after a mainland Turkish religious association announced plans to open an Islamic school or madrassa in the north.

“They have judged our beliefs and come to the conclusion that we are not Muslim enough,” Turkish Cypriot teachers’ union (KTOS) boss Sener Elicil yesterday of the Theology and Islamic Institute Graduates’ Association’s (TIYEMDER) plans to open the religious high school on the island. He added that Turkish Cypriots were “quite happy with their beliefs”.

Read More
Archives June 30, 2011 posted by

Omonia and player prosecuted for hiding true earnings in false contract

POLICE have opened a criminal case against a popular football club, its chairman and a former player in connection with drafting a double contract to hide earnings, it emerged yesterday.

Reports said Attorney-general Petros Clerides has ordered police to prosecute 2011 cup winners Omonia, its chairman Miltiades Neophytou and former club striker Yiannakis Okkas, for drafting a double contract to hide the player’s real revenues.

It all started in 2009, after Okkas, who now plays for Anorthosis, had his contract terminated for misconduct.

Okkas appealed to a court, claiming double the money – around a million euros – than what was provided for in the contract filed with the Cyprus Football Federation.

Read More
Archives June 30, 2011 posted by

US places Cyprus on sex-trafficking ‘watch list’

CYPRUS has been placed on the US’ sex trafficking watch list after failing to meet minimum standards for the elimination of trafficking, failing to show evidence of increased efforts to do so and ‘woefully inadequate’ punishments.

According to the US Department of State’s 2011 report: “The Government of Cyprus does not fully comply with the minimum standards for the elimination of trafficking… (having) failed to demonstrate evidence of increasing efforts to address human trafficking… and failed to vigorously prosecute or convict trafficking offenders.”

The stark assessment means Cyprus has moved from a “Tier 2” to a “Tier 2 watch list” country, alongside, among others, Burundi, Afghanistan and Iraq.

Read More
Archives June 30, 2011 posted by

CTO censured over Dasoudi forest

PUBLIC uproar over the Cyprus Tourism Organisation’s (CTO) plan to develop the Dasoudi forest area in Germasogia appears to have forced organisation officials to have a major rethink.

The CTO had received two town planning permits and applied for two more to build a two-storey underground parking lot, a multi-function space and several new restaurants in the Dasoudi forest area.

Following a public outcry over the plans in general, and the CTO’s failure to call for a public debate consultation before they applied for permits in particular, the CTO has apparently been forced to back track.

CTO head Alecos Orountiotis yesterday spoke only of “gentle development”.

Read More
Archives June 30, 2011 posted by

Call for UEFA help in probing possible fixed matches

THE Attorney-general has ordered the police to submit a new request to European football government body UEFA for help in investigating the files that were sent to Cyprus on possible fixed matches.

Police Spokesman Michalis Katsounotos yesterday confirmed the AG’s request.

“The Cyprus police will submit a new request to UEFA immediately, through the Cyprus Football Association but also a company that is connected to UEFA, in an effort to secure added evidence for the investigation into claims that there are fixed football games,” said Katsounotos.

He added that AG Petros Clerides sent the relevant files back to the force, with specific orders to re-open the case and seek more specific information from UEFA.

Read More
Archives June 30, 2011 posted by

Water-walking balls withdrawn

THE GOVERNMENT yesterday moved to withdraw “water-walking balls” from the market, due to the serious risk of injury or death they pose to users.

The water-walking balls are large transparent plastic balls, which users climb into through a small sealable door. The ball is then inflated and sealed, before being used on water or grass.

Currently they are available for hire in Paphos, and according to one source, distributed by a single supplier.

The Competition and Consumer Protection department within the Commerce, Industry and Tourism ministry issued the warning about the balls yesterday, following a ban in several US states and several accidents.

Read More

Archives Calendar

June 2011
« May   Jul »

Archives List