Daily Archives: April 10, 2013

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Restaurant review: The Round Up Pub, Limassol

With summer just around the corner and everyone looking for an affordable dining option, the choice of pub food seems ideal. Where else could you spend your night watching football, drinking ice-cold beer and eating decent food? 

After being tempted in with the aforementioned values, the Round Up pub scores well on all fronts. It encapsulates all you expect in your “pub-food” options, both the positives and the negatives. 

The positives first, as they do outweigh the negatives. The décor in the restaurant has American resonances of a typical Saloon setting. 

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Café Bar review: Ayios Neophytos, Paphos

A magnificent location, a tranquil atmosphere and value for money – this daytime café has it all. Set about 600m above sea level and with a cool breeze, this destination is one of my favourite spots in Paphos.

Ayios Neophytos monastery is beautiful and nestles in the hills high above Paphos with panoramic views down to the coast. It’s an excellent place to visit, not only for tourists but locals as well. Steeped in tradition, the location is a perfect place to contemplate life, step back into nature and really relax.

Situated about 10km north of Paphos and close to Tala village, this is a great place to come for a morning or afternoon out, or just to pay a visit to the café.

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Six thousand on list of those who transferred money out in March

 

THE Central Bank of Cyprus (CBC) yesterday handed lawmakers a list of 6,000 companies and individuals who withdrew money from Cyprus up to 15 days before a controversial Eurogroup decision to force losses on depositors as a condition for a €10 billion bailout. 

However, the chairman of the House Ethics Committee, who was due to look into a list detailing transfers of more than €100,000 from the two major banks – Bank of Cyprus (BoC) and Laiki – said the list fell short of what he had requested.

“It was with great disappointment and anger that, when we opened the envelope, we realised it contained data for only 15 days even though we had asked for a year,” MP Demetris Syllouris told reporters. “This kind of behaviour is unacceptable.”

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Our View: Is the party really over for Cyprus Airways this time?

HOW MANY times have we heard that time was running out, or that it was the end of the line for Cyprus Airways, or that the airline needed cash for yet another restructuring?

Each time, the national carrier was bailed out by the government and parliament of the time and lived to squeeze more money from the taxpayer who also often had no choice but to pay the airline’s exorbitant fares. 

This time however there is no money to inject, and the state has run out of inventive options such as the Turkish ban on Cypriot air traffic, to circumvent EU rules on state aid, even if they had the money to waste.

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Deputy chief post at central bank axed

THE president cancelled the controversial appointment of Spyros Stavrinakis to the post of deputy Central Bank of Cyprus (CBC) governor, the government spokesman said yesterday.

“Spyros Stavrinakis’ act of appointment to the position of deputy CBC governor has been rescinded and the appointment in question is terminated,” Christos Stylianides said. 

Stavrinakis, a senior CBC director, was appointed deputy governor by former president Demetris Christofias 13 days before the February 17 presidential elections, which the latter did not contest.

Christofias claimed the appointment was necessary due to the Central Bank’s increasing obligations, rejecting suggestions that it was politically motivated.

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New man appointed to inquiry panel

SUPREME Court judge Andreas Kramvis, who is due to retire next month, will be replacing Yiannakis Constantinides, the outgoing member of a committee of inquiry into the responsibilities of Cyprus’ financial debacle, government spokesman Christos Stylianides said. 

“The President of the Republic accepted (yesterday) the resignation submitted in writing… by Yiannakis Constantinides for health reasons,” Stylianides said.

Constantinides resigned less than a week after being sworn in as an investigator.  President Nicos Anastasiades has appointed Kramvis to replace him, the spokesman added. 

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AG confirms suspending prosecution on son’s driving violations

 

ATTORNEY-general (AG) Petros Clerides used his position to suspend prosecution for his son, Christodoulos Clerides, who was caught driving over the alcohol limit in a car that had not passed an MOT and for which he did not have up-to-date road tax.

But the AG has said he has done nothing wrong by helping out his son who was 32 at the time, because he would have done the same for someone else’s child.

Police filed a case against Christodoulos Clerides – a lawyer and the AG’s son – on June 11, 2011 and the AG informed Nicosia District Court in November 2011 that the Republic was suspending prosecution, Greek newspaper To Ethnos reported on Sunday. 

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Gas now cornerstone of state’s policy

DEBT-STRICKEN Cyprus is pinning its hopes for economic recovery on the potentially vast reserves of offshore natural gas, President Nicos Anastasiades said yesterday.

“Taking into consideration the difficulties that we now face due to the economic crisis, the prudent exploitation of the domestic hydrocarbon resources has been set as the cornerstone of our policy.

“In fact, the energy sector of Cyprus shapes up today as the key towards the achievement of our goals for economic resurgence and growth and the creation of new jobs,” the President said in an address to the Eastern Mediterranean Gas Conference.

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Noble firms up drilling date

NOBLE Energy will begin appraisal drilling in its Block 12 offshore licence most likely in June, its CEO Charles Davidson said yesterday.

It was the first time the Houston-based company committed to anything close to a firm date for follow-up prospecting after initial drilling back in late 2011.

“Cyprus is very important to Noble Energy…we are committed to move forward with our Cyprus discovery,” the Noble boss said during a press briefing on the sidelines of the Eastern Mediterranean Gas Conference held in Nicosia.

In the eastern Mediterranean, Noble’s priorities in the region lie in Cyprus and the Tamar and Leviathan prospects in Israel, Davidson said, driving the point home.

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Paphos hospice forced to downsize

THE Friends Hospice in Paphos has been forced to scale down its operation due to the deepening economic crisis.

The hospice is currently the only operational hospice in Paphos and is situated in a dedicated wing of the Evangelismos hospital. Since opening in 2006, the facility has expanded and now consists of a seven-bed unit which is solely run by donations, money raised by the shops and fundraising events.

According to a hospice spokesman, running a multi-bed facility is no longer an option. He said: “We can’t continue as we are as we just can’t bring in the €500,000 which is needed to operate the hospice every year.”

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