Daily Archives: February 8, 2013

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Award winning author and artist Niki Marangou dies

Award winning author and artist Niki Marangou died on Thursday in a car accident in Egypt. She was one of three passengers in a car driven by a local man who crashed under unknown circumstances just off Faiyum, south west of the capital Cairo. One other woman has died, and another woman was injured. Marangou was the only Cypriot passenger in the car. 

Marangou was born in Limassol in 1948 and studied sociology in Germany before working as a dramaturge at the Cyprus Theatre Organisation as well as managing her own bookshop. She was an active author and artist and was respected for her intellectual depth, continuous learning, and her interest in inspiring younger generations of women.

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ANDONIS ANTHONY (Athanasiou) was imprisoned in Nicosia in 1989 for forgery, at the age of 18. Did you know him? Do you have any information about him? Please contact Carl Chambers – [email protected]


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Helios convictions upheld in Greece


A GREEK court of appeals yesterday upheld a 10-year prison sentence for three executives found responsible for a 2005 Cypriot airliner crash, which killed all 121 passengers and crew on board, but gave them the option to buy-out their convictions for some €76,000 each.

The Athens court acquitted a fourth defendant, a British engineer who had carried out the final checks on the aircraft before the fatal August 14 flight.

The three, Helios’ managing director Demetris Pantazis, flight operations manager Giorgos Kikkides, and Bulgarian chief pilot Ianko Stoimenov, were found guilty of negligent manslaughter, a misdemeanour.

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Our View: State needs to cut more from the fat cats to help the poor

EVERYONE who saw the unemployed man sobbing in front of the cameras, desperately asking “what can we do, what can we do?” would have been moved. He was taking part in a demonstration outside the finance ministry by labourers, whose seasonal work contracts with the government had been terminated as part of the spending cuts.

“When your child wakes up asking you for a glass of milk and you have none to give, what do you do?” he asked in front of the cameras. “We ask for a plate of food to eat nothing more,” he shouted with his hands raised in the air. The man is a father of five, who apart from losing his seasonal job with the forestry department, also had the big-family monthly benefit he was receiving cut. 

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Fuel prices rise again

FUEL PRICES have gone up again this week, frustrating the head of the consumers’ union who said people had had enough with the excuses offered whenever prices are hiked.

Prices have risen by up to 3 cents a litre this week, bringing the cost of Unleaded 95 to €1.43 per litre in some cases. The vice-head of the petrol stations’ owners association Stathis Spartiatis said that as retailers they receive fuel shipment at whatever price set by the fuel companies. “We are just the recipients,” he told state broadcaster CyBC. 

Petrol station owners normally make some four or five cents per litre of fuel sold and have justified prices by citing the increase in VAT by one percentage point to 18 per cent in mid-January as well as other state taxes, and crude oil prices.

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Kassinis appointed to KRETYK

LONG-SERVING energy chief Solon Kassinis has quit the civil service after being offered a top job with the state hydrocarbons company.

Kassinis has accepted an offer – sanctioned by the Cabinet earlier this week – to be employed as executive director on the company, known by its Greek acronym KRETYK.

His official job title is 2nd vice-chairman of the company. Charalambos Ellinas is the chairman and Stavros Stavrou the 1st vice-chairman.

Commenting on this yesterday, commerce minister Neoclis Sylikiotis said Kassinis’ expertise would be invaluable to KRETYK.

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Eurogroup eyes Cyprus gas receipts

FUTURE revenues from natural gas deposits in Cyprus could be taken into account in bailout talks for the indebted island, Eurogroup president Jeroen Dijsselbloem said yesterday.

But he cautioned that before such revenues could be included in calculations for making the country’s debt sustainable, it was necessary to find out more about how much they could total.

“Let’s first wait for some first drillings, and see how much it is, what type of gas it is, what kind of quality before we possibly include it in a programme,” Dijsselbloem told the Dutch Lower House in The Hague.

Money from the gas could be used to service Cypriot debt through a special account, he said.

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State denies it ‘ordered’ licence for Gaza bank

THE government yesterday denied a report that it had instructed the Central Bank (CB) to license a bank operating in the Gaza Strip, currently under the de facto rule of Hamas, a group considered a terrorist organisation by the European Union.

It is understood that such a licence hasn’t been granted. 

“Neither the government, nor the President of the Republic have the authority to grant such licences,” deputy government spokesman Christos Christophides said. “This is the absolute responsibility of the Central Bank of Cyprus. There is a procedure through which such applications are evaluated by the Central Bank.”

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New deadlock in builders’ strike

TALKS between the labour ministry, trade unions and the Building Contractors Association (OSEOK) reached a dead end yesterday when the latter rejected the latest mediation proposal.

The Building Contractors rejected a fourth proposal to end the two-week old construction strike, which had been submitted by Labour Minister Sotiroulla Charlambous.

Charalambous was hoping to get all sides round the table to discuss possible changes to the proposal but changed her mind after the contractors held a press conference to announce their decision.

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