Daily Archives: November 16, 2011

Archives November 16, 2011 posted by

Artists’ work goes on sale

 

WHILE MANY of us spend much time complaining that good markets in Cyprus are hard to come by, there certainly seems to be plenty of evidence pointing toward the fact that artsy crowds in the capital are keen on embracing change. 

As Christmas fast approaches and many of you may be starting to make those never ending festive shopping lists, you might like to nip down to the Leventis Museum in Nicosia this Saturday as an Artists Bazaar springs to life. Having encouraged young artists to come together and showcase their works, crowds will be able to stroll around the courtyard of the museum as all sorts of creations go on sale. From crafts to home-ware, art and jewellery, there’ll be much to get your mitts on.

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Chocolate week: Indulge your senses

 

SOME PEOPLE are completely addicted to it, others just absolutely adore it, and many try to stay away from the pure temptation of it. Whatever way you choose to look at it, there’s just no denying that quality chocolate is one of the most comforting and mood enhancing delicacies of all time, having also become associated with the food of passion as lovers exchange boxes of chocolate as an affirmation of their affection for each other.

Intent on sharing the splendours of chocolate with the public at large, the Four Seasons Hotel in Limassol is now organising a Chocolate Week, set to kick off on Friday.

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France draws fire after ‘alarm bells’ warning

FRANCE came under heavy fire on global markets yesterday reflecting fears that the eurozone’s second biggest economy is being sucked into the debt crisis after a warning that Paris’s inability to adapt should be “ringing alarm bells”.

Nervous markets also showed concern about whether Italy’s Mario Monti and new Greek leader Lucas Papademos, unelected European technocrats without a domestic political base, can impose tough austerity measures and economic reform.

European Central Bank President Mario Draghi has predicted the 17-nation currency bloc will be in a mild recession by the end of the year, a view underlined by data showing the economy barely grew in the third quarter and faces a sharp downturn.

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First estimate of our gas wealth

US-BASED Noble Energy yesterday said its Cyprus gas prospect, where exploratory drilling is now underway, holds estimated gross resources of 3 to 9 trillion cubic feet (tcf) of gas.

The prospect has a 60 per cent probability of geological success, the company added yesterday at an analysts’ conference hosted by senior management in Houston, Texas.

It was the US company’s first public appraisal of the Cypriot gas prospect; such estimates are often revised upwards or downwards.

Noble noted, for example, that the gross resource estimate of Israel’s Tamar prospect has been increased to 9tcf from 8.4tcf as a result of appraisal work.

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Our View: Civil servants’ appeal shows we have no social values

IT SHOULD come as no surprise that five senior-ranking public servants have appealed against the law docking three per cent from their monthly wage as a special, temporary contribution towards their pensions. The appeal which was recently filed at the Supreme Court claims that the law was unconstitutional on the grounds that it violated the individual right of the applicant to enjoy his monthly salary in full, the amount of which is clearly stipulated in the civil service regulations.

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No end to perks for public figures

THE EUROPEAN Party yesterday released findings of an in-house investigation showing that under the current administration there has been a substantial rise in cash allocated to perks for state officials.

Party spokesman Michalis Giorgallas zeroed in the so-called representation allowance. Under the AKEL government, the sweetener has trebled, the number of entitled beneficiaries has grown and – perhaps most significantly – the allowance is now factored in the calculation of pensions.

Under the previous administration of Tassos Papadopoulos, where DIKO and AKEL shared power, parliament passed a law entitling MPs and government ministers to the representation allowance. The benefit, set at €6,151 per year (or €512 a month)was not calculated toward pensions at the time.

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Civil servants challenge contributions at Supreme Court

CIVIL servants have filed appeals at the Supreme Court against a temporary contribution, that was part of government measures to shore up the economy, citing unfair treatment, it emerged yesterday.

Appeals have been filed by five members of the nine-member central secretariat of government workers union PASYDY against a law providing that civil servants contribute between 1.5 and 3.5 per cent of their gross monthly income – those making over €1,500 — for two years towards tackling the economic crisis.

Their basic argument is that the law, passed by parliament in August, violates the constitution in that it selectively targets civil servants.

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Cocaine and cannabis use on the rise

SHORT and long-term use of cannabis and cocaine among Cypriots is on the rise, according to a survey conducted by the European Monitoring Centre for Drugs and Drug Addiction (EMCDDA) released yesterday.

The survey on licit and illicit substance use was carried out in 2009, with a sample of 3,385 respondents aged between 15 and 64, residing in the government- controlled areas.

In 2009, the lifetime prevalence of cannabis was reported at 11.6 per cent, last year prevalence at 4.4 per cent and last month prevalence at 2.5 per cent.

The respective prevalence rates reported in the previous survey of 2006 were 6.6 per cent, 2.1 per cent and 1.4 per cent in 2006.

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Excessive rain causes further problems

THE RELENTLESS rain of the past few days has exceeded Cyprus’ monthly rainfall by up to 200 per cent in some areas, such as Larnaca, Philippos Timvios of the Meteorological Service said yesterday.

In addition to the rain, temperatures have been rooted at 16C, six to seven degrees below the usual November average.

The average rainfall figures for November are 53 millimetres, while on Monday alone the rainfall reached 35 millimetres. 

Larnaca was affected the most by the rainy weather, with the airport experiencing rainfall of up to 91.3mm since Monday, while normal levels for the whole month are 42mm.

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