Daily Archives: June 30, 2012

Archives June 30, 2012 posted by

Kvitova peaking at just the right time

Defending Wimbledon champion Petra Kvitova hopes she is peaking at just the right time after a difficult year, the Czech said on Saturday after reaching the last 16 with a 6-1 6-0 demolition of American Varvara Lepchenko

Kvitova’s season has been patchy but her fearsome forehand and pinpoint serves were working smoothly in her third-round drubbing of Uzbekistan-born American opponent.

Kvitova, who lost the first four matches she played on grass, now looks thoroughly at home on the surface and she did not feel a single twinge from the back injury that has been plaguing her this year.

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Cyprus could also benefit from EU bank deal

 

CYPRUS could benefit from the deal to establish a single EU supervisory mechanism by the end of 2012, allowing for the direct recapitalisation of banks, President Demetris Christofias said during a news conference in Brussels following the end of the Brussels summit yesterday. 

“The door has opened for Cyprus to benefit, if the conditions are created, because the (European Stability) Mechanism has yet to be set up. It will take perhaps a few months.”  

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Our View: Result of latest deal by EU leaders remains to be seen

WHILE Italy’s national side was applying pressure on Germany in the Euro 2012 semi-final in Warsaw, the Italian Prime Minister Mario Monti was doing the same to Chancellor Merkel at the Brussels summit. Monti had teamed up with Mariano Rajoy, Prime Minister of Spain – his country’s opponents in Sunday’s Euro final – in demanding measures to lower their borrowing costs. 

They overcame Merkel’s resistance by withholding support for a €120 billion growth package which would raise the overall lending capacity of the European Investment Bank as well as provide funding for small enterprises and create jobs for youth. To approve the package Monti and Rajoy wanted the EU to take steps to reduce the interest rates their countries had to pay to borrow money on the markets. 

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EAC Mari surcharge reduced

THE SURCHARGE imposed on electricity consumers in the wake of last year’s Mari disaster will be reduced by more than one per cent for a ten-month period, according to the Cyprus Energy Regulatory Authority (CERA). 

The decision to reduce the Mari surcharge from 6.96 per cent to 5.75 per cent was taken by CERA on Thursday and will come into effect either at the end of July for consumers who receive a monthly bill or the beginning of August for those receiving two-monthly electricity bills.  

The new reduced surcharge will remain in effect for a ten-month period. It is charged before VAT, which has recently risen to 17 per cent. The authority reserves the right to amend the amount and duration of the surcharge depending on the prevailing conditions. 

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‘No case for lifting Christofias’ immunity’

THE Supreme Court yesterday threw out as “unfounded,” three applications, which aimed at eventually lifting President Demetris Christofias’ presidential immunity so that he could face court over a deadly munitions blast.

The court did not even get into the substance of the applications, saying there was no case for it to rule on.

The applications, filed by the families of people who were among 13 killed in a naval base blast last year, were asking the Supreme Court to interpret an article of the constitution related to the president’s immunity.

As the basis of their application, the relatives suggested there was a dispute between them and the attorney-general over the interpretation of the article.

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'Kidnap dad' falsely accused and may sue state

THE MAN who was accused by his estranged wife of kidnapping their 10-year-old daughter, resulting in a Ryanair flight from Paphos to Italy returning midway on Tuesday, may sue Cyprus for damages.

The lawyer for the man said local police acted had acted without any evidence that the child’s mother’s claims were true.

Lawyer Charalambos Artemis yesterday said he felt the need to stand up for his client, when he saw the story being falsely represented in the media.

The man in question, who is a police sergeant in Larnaca, is currently separated from his wife and has joint custody of their two children – a 10-year-old girl and a teenage boy.

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Citizenship loophole bad news for the army

THE DEFENCE ministry is preparing to appeal last Monday’s Supreme Court ruling in favour of the 17-year-old son of a Cypriot mother and foreign father, who objected being called up for military service.

The ministry sent a letter to 17-year-old Ioannis Kalligerou’s parents, informing them that in accordance with the 2011 amended National Guard (NG) law, their son was eligible for full military service, despite not having Cypriot citizenship.

But his parents objected with two applications to the Supreme Court, saying that as their son was born to a foreign father and he never acquired Cypriot citizenship, the ministry’s decision to recruit him was “void, illegal and unconstitutional”.

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‘Women don’t have what it takes to be firefighters’

THE FIRE Service wants to curb the hiring of female firefighters to maintain its level of effectiveness in putting out fires. 

Fire Service acting chief Marcos Trangolas was quoted in yesterday’s Phileleftheros saying that he wanted to limit the number of women hired in the service as they did not meet the physical requirements to do the job. 

According to the report, 64 women are currently serving in the fire service, from which only a few are ever sent to the front line of a fire fight. 

Meanwhile, 174 firefighters are aged between 51 and 60, while another 100 are sitting behind desks. 

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Annual drop, but monthly increase, in bank deposits

THE FLOW of deposits into the domestic banking system recorded a drop in May on an annual basis, but increased slightly compared to April data, statistics released yesterday by Central Bank showed.

According to the data, deposits in domestic financial institutions recorded a drop of 1.2 per cent in May on an annual basis or €881.5 million, reaching €72.46 billion compared to €72.84 billion in May 2011.

Deposits increased by €860 million in May compared to the previous month.

The increase in deposits in May over April was due to an influx of deposits from residents from other EU member states, which were up by 24.7 per cent on an annual basis, reaching €6.42 billion euro.

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No sign of missing women as search goes on

PAPHOS police are still investigating a number of leads into the disappearance of two women in the district on separate occasions last week.

Briton Nancy Johnson, 73, has been missing for 12 days and Thekla Christou, 68, was reported missing a week ago on Thursday. Police say they do not believe the two cases are connected.

Paphos police spokesman Nicos Tsapis yesterday confirmed that information provided by the general public regarding the two cases was being thoroughly investigated.

He said: “These are both ongoing cases and we have had a number of alleged reported sightings of the women from the public and we are investigating each one. But we have no news as yet,” he said.

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