Monthly Archives: November 2011

Archives November 29, 2011 posted by

Biden to discuss Cyprus in Greece

13:23 U.S. Vice President Joe Biden will travel on Sunday to Athens, where he will deliver symbolically important support to Greece’s new Prime Minister Lucas Papademos. 

He will also meet with President Karolos Papoulias and the leaders of the two largest Greek political parties.

Biden is expected to discuss Cyprus and the need to keep tensions in check around oil and gas exploration in the Eastern Mediterranean, where Cyprus plans to issue exploration licences despite Turkish objections.

The visit is likely to be dominated by the ongoing debt crisis in Greece, which could unravel the wider euro zone and tip the United States back into recession.

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Archives November 29, 2011 posted by

Building permits down by a third

13:20 The number of building permits issued between January and October fell by 27 per cent compared same period in 2010, it emerged today.

According to the Cyprus statistical service, the Monthly Economic Indicators for the period from January to October 2011 show that during this period building permits were issued for 1,485 thousand square metres, compared to 2,038 thousand square metres during the first ten months of 2010. 

The Production Volume Index dropped by 6.7 per cent for the same period, while  the Turnover Index in transport, storage and communication dropped by 14 per cent. 

CyStat’s travel data shows that arrivals increased by 4.8 per cent and the arrival of tourists increased by 10.6 per cent.

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Archives November 29, 2011 posted by


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Archives November 29, 2011 posted by


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Archives November 29, 2011 posted by

DISY: qualified support for austerity measures

MAIN opposition DISY said yesterday it is prepared to back specific measures proposed by the government in a bid to shore up the island’s ailing economy.

The announcement came a few hours after a morning meeting between President Demetris Christofias and DISY leader Nicos Anastassiades.

“Our reservations about some of these measures remain but we fully realise the need for consensus, understanding and positive compromise,” Anastassiades told a news conference.

The measures concern a two-year freeze of the state payroll, a two percentage point rise in VAT to 17 per cent – which DISY said it will support under certain conditions – a further increase of tax on company dividends and a sliding-scale contribution of employers and workers in the private sector.

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Archives November 29, 2011 posted by

Our View: Unacceptable practice of over-charging foreigners on council tax

BRITONS living in the Ha Potami and Aphrodite Hills part of the Kouklia community boundaries were justified in claiming that they were being discriminated against by the council. They were asked to pay council rates that were five or six times higher than what Cypriots, living within the same boundaries, were paying for services such road-sweeping and street lighting.

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Archives November 29, 2011 posted by

Congestion charge would ease city traffic

THE GOVERNMENT is toying with the idea of imposing a congestion charge on cars entering the island’s main towns, as part of efforts to reduce traffic and increase public transport users.

“There are a series of measures that are being examined to help increase passenger movement and reduce private cars on the roads,” Communications Minister Efthymios Flourentzos said yesterday, after presenting parliament with his ministry’s 2012 budget.

“One such measure could be to impose a special charge for using each town’s central road,” he said.

Even though this is still just being discussed, the minister said it was a viable solution to help decongest the city centres and encourage more people to use public transport.

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Archives November 29, 2011 posted by

‘UCY medical school will save on healthcare costs’

A NUMBER of renowned doctors from abroad have shown an interest in teaching at the University of Cyprus’ (UCY) Medical School, which will be up an running in the 2013 academic year.

According to Health Minister Stavros Malas, a number of Cypriot and Greek doctors working mainly in the UK and US have expressed their interest in teaching at the new school, which is expected to bring some revolutionary changes to the island’s healthcare and medical services.

“It will upgrade the quality of medical care offered in Cyprus, because on the one hand we will have some top doctors coming to Cyprus to do the training and on the other, we will save a lot of money by no longer having to employ doctors from abroad or send patients abroad for treatment,” Malas told the Cyprus Mail.

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Archives November 29, 2011 posted by

Airlines prepared for Heathrow strike

ALL MAJOR airlines with flight schedules between Cyprus and Heathrow airport have announced measures to accommodate passengers in the event of long delays if Wednesday’s flight at the airport goes ahead.

Aegean Airlines, Cyprus Airways (CY) and British Airways (BA) have all said passengers can reschedule their flights, to avoid the long queues likely at the passport control check points.

The UK Border Agency (UKBA) announced last week that it was planning to go on strike on Wednesday against new reforms that will see them work longer and contribute more towards their pensions.

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