Daily Archives: March 14, 2013

Archives March 14, 2013 posted by

Mighty Moufflons target world record

THE Cyprus national rugby team will equal Lithuania’s world record of 18 straight wins if they beat Bulgaria on Saturday in Paphos.

It has taken Cyprus five years to reach the stage of not having lost a single divisional game against countries that have played rugby for decades with a much greater pool of players and certainly more governmental financial assistance.

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Archives March 14, 2013 posted by

Momentum grows for Cyprus deal

THE EUROZONE’S 17 finance ministers will meet in Brussels tomorrow after an EU leaders’ summit to discuss Cyprus’ financial bailout, officials said yesterday, signalling growing momentum for a deal.
The meeting, which follows a mission by the troika of international lenders to Cyprus, raised expectations that the eurozone was close to sealing a package of aid that the island asked for last June.
“Friday 5pm (1600 GMT) extra Eurogroup on Cyprus,” Dutch Finance Minister Jeroen Dijsselbloem, who chairs the meetings, said on his official Twitter feed.
“The expectation is that the Eurogroup will discuss the outlines of the aid programme,” he said separately in a letter to the Dutch parliament.

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Our View: Recession has highlighted real need for NHS

IT WAS inevitable that the queues and waiting lists at state hospital would grow as a result of the recession. Living standards have fallen dramatically, with the number of long-term unemployed increasing by the day and people in work taking pay cuts. Tens of thousands of people can no longer afford private healthcare and have no choice but to go the state hospitals for treatment even if this involves waiting for hours to be seen.

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Confusion over IMF participation

CYPRUS APPEARS to be entering the final lap in terms of convincing international creditors to agree to a bailout of the tiny island but confusion still reigns over whether the European institutions have convinced the International Monetary Fund (IMF) to participate.
Germany made it clear when talks for a bailout began that they wanted the IMF on board for any bailout. However, two articles from Bloomberg on Tuesday appeared to muddy the waters somewhat as to the latest intentions of Germany and the IMF.
An initial report by Bloomberg quoted a close ally of German Chancellor Angela Merkel hinting that the EU powerhouse no longer insists on the financial contribution of the IMF to a bailout. 

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Deal on terms for independent audit

CYPRUS and international lenders yesterday agreed on the terms of reference of an independent audit into the island’s anti-money laundering legal framework and its implementation, which is one of the conditions set by the EU for the island’s bailout.
The audit into Cyprus’ legislation against money laundering will be conducted by an independent private firm with the participation of the Moneyval Committee of the Council of Europe and the supervision of the Central Bank of Cyprus.
According to the Cyprus News Agency (CNA) the Central Bank has invited six international companies to submit their bids.
The decision on which firm will undertake the audit is expected on Monday or Tuesday.

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Atmospheric dust reaches record levels

THE DUST in the atmosphere coming from the Sahara hit record levels yesterday, marking the air quality map with numerous red dots, or danger zones.
“The dust in the atmosphere has gone beyond the highest levels recorded,” said Adamos Adamides, an official at the labour inspection department, which monitors the atmosphere.
“During this time last year, the levels were at the orange and yellow levels of high and moderate,” Adamides said.
He said that at lunch time yesterday “all indicators at all stations in Cyprus” were in the red zone.
“Because of this we advise the elderly, children and people with health problems to stay indoors. We would also advise those who have to work outside to wear the appropriate means of personal protection,” Adamides said.

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Unpaid doctors refuse to work on-call

DOCTORS at Limassol hospital’s emergency room have lashed out against not having been paid for on-call services since May 2012 by refusing to work on stand-by.
This has resulted in understaffing, which in turn has forced some patients to turn to private practices for medical care.
Around 20 people have sent letters to Limassol hospital demanding reimbursement of the money they spent on private care. In the letters they blame the state for not being able to provide them with the proper care.

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Dog poisonings being investigated

A NUMBER of dogs have died from suspected cyanide poisoning in the Lania and Finikaria areas lately, from eating a substance known as candlewax poison.
One dog owner from Lania was walking her three dogs on Sunday evening when two of them licked a white substance attached to a stone. “I was walking my dogs on the hills above Lania when two of the three licked some white stuff that looked like lard. Immediately they started rolling on the ground and were dead within ten minutes. From the looks of things it must have been chicken fat mixed with cyanide,” said the dog owner.

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Putting an end to late-payment culture

BY THIS Saturday, EU member states will be expected to have put in an end to what the Commission calls the damaging late payment culture that endangers small and medium-sized businesses.
“Every day across Europe, dozens of small and medium sized enterprises (SMEs) go bankrupt as their invoices are not paid. As a result jobs are lost and business opportunities remain unexploited, stalling our return to economic growth,” the Commission said in a statement yesterday.
By March 16, member states will need to have integrated the revised Late Payments Directive into their national law. It obliges public authorities to pay for goods and services within 30 calendar days or, in very exceptional circumstances, within 60 days.

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