Daily Archives: January 18, 2013

Archives January 18, 2013 posted by

Baghdatis battered by formidable Ferrer

MARCOS Baghdatis was beaten in the third round of the Australian Open, the Cypriot going down 6-4 6-2 6-3 to fourth seed David Ferrer in the showpiece night match on Rod Laver Arena on Friday.

Read More
Archives January 18, 2013 posted by

APOEL and Omonia ready to resume rivalry

APOEL take on arch-rivals Omonia in Round 18 of the Cyprus football championship with both sides desperate for a win. APOEL trail leaders Anorthosis by six points, while Omonia find themselves two points behind fourth-placed AEL in the final title playoff spot.

“Definitely the pressure we feel increases as the gap between us and Anorthosis widens. We are a team that wants to win the championship and we will fight until the last match of the season to fulfill our goal,” said APOEL coach Ivan Jovanovic.

Read More
Archives January 18, 2013 posted by

Our View: The problem of high prices cannot be tackled by a plafond

 

THE MAXIMUM price, or ‘plafond’ as we like to call it, will be imposed on the retail price of milk from Monday after an order issued by the commerce minister on Wednesday. This would set the price at €1.41, supposedly 10 cents lower than it would have been had all parts of the supply chain imposed price rises. 

But what happens after the 45 days for which the plafond will be in force? Will the retail price just rise to €1.55 with the government powerless to do anything? Commerce Minister Neoclis Sylikiotis hoped that in this period some compromise would be reached and both cattle-farmers and pasteurisers would agree to smaller price hikes. 

Read More
Archives January 18, 2013 posted by

Deputies reject property tax bill

DEPUTIES yesterday rejected the cabinet’s new immovable property tax (IPT) rates, opting instead to postpone discussions on the grounds that more time was needed to study the provisions in depth.

The government wanted the bill approved before Monday, when eurozone finance ministers are scheduled to discuss the island’s bailout bid.

The bill, approved by the cabinet on Wednesday and submitted to parliament earlier yesterday, is in line with a preliminary bailout agreement and in theory it could fetch the government some €120 million in 2013.

The government requested the bill to be classified as urgent, meaning parliament would have to discuss and vote on it immediately.

Read More
Archives January 18, 2013 posted by

Papadopoulos steps down as DIKO second

 

NICOLAS Papadopoulos yesterday resigned his position as vice-chairman of DIKO, citing his publicly-avowed disagreement with the party’s endorsement of the candidacy of Nicos Anastasiades for president.

In a written statement, the son of former President Tassos Papadopoulos said the move was a “political act of disagreement with the decision to back Mr Anastasiades.”

He went on to clarify that he was not leaving DIKO, noting that he would retain his position as party cadre and MP.

Read More
Archives January 18, 2013 posted by

New poll confirms DISY chief’s lead

DISY leader Nicos Anastasiades will be the next President of the Republic, whether or not a runoff ballot is necessary in next month’s general elections, the latest CyBC-commissioned poll has confirmed.

Anastasiades, who is officially endorsed by the DISY and DIKO parties, garnered 38 per cent of preferences – a huge lead over AKEL-backed Stavros Malas with 23.7 per cent. Independent presidential candidate Giorgos Lillikas got 20.4 per cent.

The previous iteration of the poll, released in December, gave Anastasiades 37.1 per cent, Malas 23.1 per cent and Lillikas 20.4 per cent.

Meanwhile the percentage of “undetermined” votes stood at 15.8 per cent, compared to 16.3 per cent in December.

Read More
Archives January 18, 2013 posted by

Police look for dead man on assault charge

JUST SHY of a year after a man was murdered, police showed up in his home with a court writ relating to an assault charge, stunning his mother who could not understand why they were looking for a man whose murder they were meant to be investigating.

Lawyer Demetris Pavlides said the tearful mother showed up in his office this week, distraught that authorities wanted to charge her son in a 2009 assault case that she thought had closed prior to his death in February last year.

Read More
Archives January 18, 2013 posted by

What to do if you find a bomb

 

POLICE SPOKESMAN Andreas Angelides yesterday highlighted the dos and don’ts for those who unexpectedly find themselves face-to-face with an explosive device. 

He urged members of the public not to attempt to move any explosive devices they may find, and certainly not to bring them to a police station.

Dangerously close to stating the obvious, Angelides made his plea after a man triggered a security scare in Nicosia on Wednesday when he walked into a central police station carrying a bomb he found in his driveway. 

Read More
Archives January 18, 2013 posted by

Questions remain in gas furore

QUESTIONS remained yesterday over precisely what deal the government had struck with international lenders – the troika – on the management of future proceeds from natural gas.

Around 11 days ago, the finance ministry sent to the troika the commerce ministry’s draft law for a national hydrocarbons fund that would manage gas revenues.

But according to daily Alithia, the troika was not happy with the contents of the bill. The paper said the troika informed the finance ministry that the proposed legislation violated the terms of the memorandum of understanding (MoU) with the government.

Read More
Archives January 18, 2013 posted by

Lagarde says financing issues need resolving

INTERNATIONAL Monetary Fund head Christine Lagarde said yesterday the bailout package between Cyprus and the troika has not been completed yet because there were clearly financing issues that needed to be resolved in order for a programme to be accepted and for the debt to be sustainable.

 Lagarde was speaking at IMF headquarters in Washington.

 Asked to comment on reports from Brussels and Nicosia that the Europeans did not want the IMF to participate in the programme and why two months after the statement issued in November there has not been a deal yet between the troika and Cyprus, Lagarde said the IMF had been engaged with the troika on Cyprus.

Read More

Archives Calendar

January 2013
M T W T F S S
« Dec   Feb »
 123456
78910111213
14151617181920
21222324252627
28293031  

Archives List