Daily Archives: July 13, 2011

Archives July 13, 2011 posted by

Eight naval base explosion victims buried today

 

Eight of the victims of the naval base tragedy were buried today.

The names of the deceased persons whose funerals took place today are Captain Andreas Ioannides, Commander of the Navy, Commander Lambros Lambrou, Commander of the Naval Base, Warrant Officer Kleanthis Kleanthous, Firemen Vassilis Krokos, Panayiotis Theofilou, Adamos Adamou, Spyros Ttantis and Chief fireman Georgos Yiakoumi.

 

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‘There’s no measure to the pain of losing a child’

PEOPLE IN the area surrounding the site of Monday’s devastating blast at Evangelos Florakis naval base in Limassol district were still in shock yesterday, only just beginning to make sense of what had happened to them.

Campers by Governor’s Beach described seeing a cloud of dust and heat coming towards them from the sea with the ground shaking while glass and furniture were flying in all directions.

“It was like stepping in an old oven fire when you just put in firewood,” Androulla Hajigeorgiou, 59, told the Cyprus Mail.

Androulla, wife of former fire Chief George Hadjigeorgiou, was in tears over the lost lives of the young firefighters.

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Power cut schedule published online

The Cyprus Transmission Operator (CTO) announced today that it will be publishing daily schedule of phased power cuts in 14 designated zones across the island.

The timetable is available in Greek only at the following address:

http://www.dsm.org.cy/nqcontent.cfm?a_id=3356&tt=graphic&lang=l1

In the meantime the Cyprus Mail will endeavour to post english translations on this page as early as possible each day, subject to our own electrical supply.

 

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Our View: What we require now are practical steps to navigate water, power cuts

THERE was a host of meetings yesterday as different departments looked at possible ways of dealing with the horrific consequences of Monday’s disaster at Vassiliko.

The primary objective of the authorities is to find stop-gap solutions for the immediate problems created, such as the 40-per cent reduction of the power output at the hottest time of the year and the peak of the tourist season, when demand for electricity is at the highest level.

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Heads must roll this time

 

Hidden behind Cyprus’ wall of opulence is a papier-mache infrastructure.

Accidents like the one at Evangelos Florakis naval base don’t just happen – they are caused.

Did we have to wait for 12 deaths and more than 60 injured to turn on this government – this three-year catastrophe of Christofias and his cohorts?

Subscribers to the Cyprus Mail website commentator columns have rarely been busier.

They are asking for heads to roll, and not just that of a 73-year-old Papacostas from the village of Yialousa, who should have been retired off well before he suffered a serious heart attack earlier this year.

Why he wasn’t is uppermost in our minds, especially those of the families who have lost loved ones.

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‘It’s all the UN’s fault’

THE government yesterday attempted to fend off mounting anger over its handling of munitions haphazardly stored at a naval base before exploding on Monday killing 12 and destroying the island’s largest power station.

Government spokesman Stefanos Stefanou said Cyprus had attempted several times to get rid of the 98 containers of confiscated Iranian munitions – seized in 2009 from a ship sailing from Iran to Syria — but was rebuffed by the United Nations.

“Our government’s position in this difficult diplomatic issue was that the material not be held in Cyprus,” Stefanou said, while announcing a criminal investigation.

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Grappling with the energy crisis

THE GOVERNMENT was yesterday still grappling with how to deal with the energy crisis after the island’s main power station was knocked out by the blast at Mari naval base.

Offers of assistance from Greece and Israel will help temporarily alleviate the energy needs but only to a limited degree.

Greece’s electricity utility (DEI) said yesterday it will be sending over portable power generators with a total output between 90 to 120 megawatts – a fraction of the shortfall. The first 30 megawatts would be sent from a power station in Crete as soon as possible, the DEI announcement said.

The announcement followed consultations between the governments of Cyprus and Greece that began within hours of Monday’s events in Limassol.

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Gigantic payout for Vassilikos’ insurance company

 

INSURERS are set to pay out up to €600 million towards the reconstruction of the incapacitated Vassiliko power plant following the explosion at the Evangelos Florakis naval base on Monday.

Spokesman for Atlantic Insurance, Andreas Pirishis, told the Cyprus Mail: “We have every intention of covering the damages; our signature is on the policy.”

Cyprus based Atlantic Insurance hold a policy with the Electricity Authority of Cyprus (EAC) insuring the island’s power facilities for up to €1.86 billion – with a limited payout of €600 million per single incident. Originally costing €1 billion to construct, it is thought the cost of rebuilding could be double this figure.

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Markets still shell shocked

SHOCKWAVES from Monday’s catastrophic blast continued to ripple through the economy yesterday, as Cyprus stock exchange (CSE) dropped a further 4.6 per cent.

The losses follow Monday’s dramatic 7.8 per cent drop in the immediate aftermath of the blast.

The CySE 20 index – which tallies the total share price of Cyprus’ top 20 firms – fell 4.45 per cent yesterday.

“This is an indication of bleak prospects for the future,” Cyprus Chamber of Commerce president Manthos Mavrommatis said of the 12.4 fall in the markets since the blast.

The banks were the hardest hit during the day’s trading, with their index falling 4.7 per cent.

Bank of Cyprus shares fell € 0.08 to €1.68 while Cyprus Airways’ share price also slumped, from €0.07 to €0.06.

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Boom in generator sales

IN ORDER TO cope with the regular electricity power cuts that the island is currently facing, a large increase in the sales of generators has been recorded.

Since the explosion which knocked out the island’s biggest power station, retailers selling generators have seen a massive increase in sales. The Cyprus Mail contacted a variety of retailers who said they had seen an increase in the sales of generators since yesterday.

A small generator is likely to cost around €3,600.

The manager of Metmarketing store in Nicosia said: “I have sold as many generators in one day as I have in one year” and that the demand is now overtaking what is available.

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