Daily Archives: April 4, 2013

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Volunteers working to sort donations

AMONG the as-yet uncounted boxes carrying food and essential items donated in lieu of a ticket by attendees of Monday’s CyprusAid concert in Nicosia – organised and supported by unpaid volunteers – was an unsigned card.

“With boundless love. We are not scared of anyone. We will turn our country into paradise again,” said the message, read out to reporters in a busy distribution and collection point at the market in Nicosia’s old town yesterday.

Two full days after the CyprusAid concert on Monday, volunteers were still busy sorting out items donated by the 20,000 attendees. At the market yesterday, brown carton boxes written on with permanent markers described their contents: milk, pasta, diapers, pulses and water, among other items.

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Cyprus Today

Thieves target charity 

THE CYPRUS Society for the Protection of Spastic and Handicapped Children said yesterday a second burglary of its premises in Nicosia last week could cause it to close down.

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VTTI mulls expanding Cyprus storage terminal project

VTTI BV, one of the world’s biggest energy storage companies, has reaffirmed its support and commitment to Cyprus where its subsidiary, VTT Vasiliko Ltd, is establishing a major oil storage terminal.

In a news release yesterday, commenting on the recent economic turmoil in Cyprus, Rob Nijst, CEO of VTTI, drew a positive picture of the island’s prospects as an energy hub, and also announced even bigger investments.

 “Our commitment and confidence in Cyprus remains as strong as ever,” said Nijst. He said the current project was proceeding according to plan and almost 12 tanks were now completed. 

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Do we ever learn?

ON SUNDAY President Anastasiades gave a newspaper interview in which he proposed a package of measures to deal with the financial crisis. Amongst them was a recommendation that together trade unions and employers should come to an informal agreement to ensure at least 70% of staff employed in businesses across the island are Cypriots. 

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Israel-Turkey dιtente present new opportunities for Cyprus

RECENT events in Nicosia and Jerusalem, two cities that are 250 miles apart, could well change the geopolitics of the eastern Mediterranean. On March 25, the people of Cyprus digested the €10 billion euro bail-out agreed upon in Brussels by President Nicos Anastasiades and the troika of lenders, staving off an uncontrolled default and the country’s exit from the euro. 

Cyprus will nonetheless have to pay a high price for the banking crisis. Cypriots face several years of high unemployment, reduced living standards, and economic hardship.

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