Daily Archives: December 8, 2012

Archives December 8, 2012 posted by

Anorthosis beat APOEL to go four points clear

Jan Rezek gave Anorthosis a nervy 1-0 victory over APOEL at Nicosia’s GSP Stadium on Saturday, as the Famagusta side moved four points clear to the top of the national league.

Both sides tried to impose their style of football early on, but Ronny Levy’s men were a bit more successful, managing to open proceedings only nine minutes into the match, when Rezek connected with Jurgen Colin’s cross.

Efstathios Aloneftis had the best chance for APOEL just after the half-hour mark, but he could not direct his header on target. 

The visitors thereafter were looking to double their lead from the counterattacks, but they never really came close. 

Read More
Archives December 8, 2012 posted by

Torres fires Chelsea to win at Sunderland, QPR set record

Fernando Torres scored twice as third-placed Chelsea won 3-1 at Sunderland to record their first Premier League victory under interim manager Rafael Benitez on Saturday.

The often-criticised Spaniard struck twice in the first half, his second from the penalty spot, and he almost completed a hat-trick shortly after halftime when his ferocious shot rebounded off the woodwork for compatriot Juan Mata to tap home.

Bottom club Queens Park Rangers set an unwanted Premier League record when a 2-2 draw at Wigan Athletic meant they have failed to win any of their first 16 matches.

Two Mikel Arteta penalties helped Arsenal to a 2-0 home win over West Bromwich Albion, a first victory in four league games moving the Gunners up to sixth.

Read More
Archives December 8, 2012 posted by

Dead, dead, dead: the Middle East ‘peace process’

IT’S AS if the world’s leaders were earnestly warning us that global warming will cause the extinction of the dinosaurs. They’ve actually been dead for a long time already. So has the Middle East “peace process”.
As soon as Prime Minister Binyamin Netanyahu announced that Israel will build 3,000 homes on “East One” (E-1), the last piece of land connecting East Jerusalem with the West Bank that is not already covered with Jewish settlements, the ritual condemnations started to flow. Even US Secretary of State Hillary Clinton said that “these activities set back the cause of a negotiated peace,” and others went a lot further.

Read More
Archives December 8, 2012 posted by

How you can be Lord of your Manor, King of your Castle.

SURELY there is no less memorable name than John Smith, yet it was Sir John Smith who founded the remarkable Landmark Trust in 1965 to save historic buildings from decay: giving us all  the opportunity to live in our very own castles, if only for the weekend. We have wanted to stay in one of these historic renovations for a long time, but it was only a few weeks ago  we finally found ourselves at the East Banqueting House, in the middle of a field, outside the quintessentially Cotswold village of Chipping Camden. It was simply magical.

Read More
Archives December 8, 2012 posted by

Our View: EAC unions will go to any lengths to protect privileges of their members

ONE PROVISION of the bailout agreement we should all have welcomed was for the opening up of the energy market which would signal the end of the Electricity Authority of Cyprus (EAC) monopoly. This is the monopoly which ensures Cypriot households and businesses pay the highest electricity rates in the EU, but the government and the politicians promote as a prime example of “profit-making semi-governmental organisations” that must not be privatised.

Read More
Archives December 8, 2012 posted by

Most people will not pay new property tax, minister says

FINANCE Minister Vassos Shiarly yesterday rushed to assure homeowners and businesses that they would not feel the squeeze from the changes in immovable property tax (IPT) which are provided for in the preliminary deal with the troika, which is due to kick in next year.
The minister said some 80 per cent of private citizens will not be paying while those who would be paying a small amount would be around 17 per cent.
“So 97.5 per cent of the population will either not pay or will pay a very small amount,”  he said. The number of people who would have to pay the maximum amount was just 0.5 per cent, the minister added.

Read More
Archives December 8, 2012 posted by

Shiarly urges MPs to ‘avert catastrophe’

FINANCE Minister Vassos Shiarly urged lawmakers yesterday not to try to change any of the bills linked to Cyprus’ bailout, as he reiterated that very difficult times awaited the island before a final deal.
“Let us not try to make any amendments now because if we do we will miss the train,” the minister told the House Finance Committee during discussion of some 25 bills that must be approved next week. “It is not the time for corrections; it is the time to prevent the terrifying danger of catastrophe.”
The minister told MPs that Cyprus could change things during the implementation of the measures provided it substantiated its argument and any amendment was agreed with international lenders.

Read More
Archives December 8, 2012 posted by

Gold exports quadruple as people cash in

DURING the past few years as ‘cash for gold’ dealers have mushroomed in Cyprus, gold exports have almost tripled, while jewellers struggle to sell their pieces.
“People are not buying gold jewellery because of the high price of gold. Instead they’re selling their jewellery,” said Christos Kiayias, the head of the Cyprus Assay Office which certifies both retailers and manufacturers of jewellery.
Local jewellers say that business is down. One shop – Aloupas Michalakis – on the once-vibrant Makarios Avenue in Nicosia said that though they were doing well until June or so, they were selling fewer of their original pieces now. “The crisis forces people to cash in their jewellery,” owner Phivos Aloupas said. But he added that his shop had opted not to buy jewellery.

Read More
Archives December 8, 2012 posted by

‘Paying for Mari’ over and over

THE GOVERNMENT is in the final stages of negotiations with the insurers of the Vassilikos power plant to wrap up an out-of-court settlement that would allow the latter to potentially recover up to €200m needed to repair the facility.
The state also faces a separate claim for compensation also of around €200m from the Electricity Authority of Cyprus (EAC) to cover uninsured losses suffered as a result of the Mari naval base blast on July 11, 2011.

Read More
Archives December 8, 2012 posted by

Gas profits should go to repay troika, says Antoniadou

INSTEAD OF leaving the management of Cyprus’ natural gas in the hands of a few, the government should commit its net profits from gas revenues to repaying the troika, said United Democrats leader and presidential candidate Praxoulla Antoniadou.
The former commerce minister argued that this would lift the massive burden placed on the public as a result of the draft memorandum agreed with the island’s international lenders.
Antoniadou pledged to renegotiate the memorandum with the troika if elected and commit net revenues from the natural gas in Block 12 of Cyprus’ exclusive economic zone to repayment of the loan, instead of keeping revenues “in the hands of a few self-appointed managers” of Cyprus’ natural wealth.

Read More

Archives Calendar

December 2012
M T W T F S S
« Nov   Jan »
 12
3456789
10111213141516
17181920212223
24252627282930
31  

Archives List