Daily Archives: April 13, 2013

Archives April 13, 2013 posted by

Electricity tariffs to fall 5.0 per cent

THE ENERGY regulator (CERA) decided yesterday to cut electricity bill prices by 5.0 per cent because of the economic crisis.

The reduction across all basic Electricity Authority (EAC) tariffs will be effective from the end of April for monthly bills and in May for two-month bills, CERA said. The cut will be temporary and will be reviewed every two months to take into account the country’s economic situation and the EAC’s commitment to reducing expenses, the regulator said. CERA has asked the EAC to submit a monthly report.

“The decision was due to the economic crisis sweeping the island (and) the need to temporarily mitigate the serious consequence of the economic crisis to consumers,” CERA said in an announcement.

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Christofias: rumours of my exile greatly exaggerated

FORMER PRESIDENT Demetris Christofias came out of the woodwork yesterday to say he felt “embarrassed” for those spreading nasty rumours about him and to confirm he has not applied for political asylum in Cuba. 

Speaking from AKEL headquarters, he said: “What you see before you is not the ghost of Christofias, but the same Christofias who not once left Cyprus, not even for a moment.”

The former president has come under repeated attack from the current government which argues he unnecessarily delayed signing a memorandum with the troika during his presidency, resulting in the country’s banks becoming indebted to the tune of billions of euros, and bringing the Cypriot economy to its knees.

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Beware of bogus charities

AGLANDJIA municipality said yesterday that people had been using the municipality’s name without authorisation to collect money for charities.

“We received about five phone calls from members of the public last week asking if we were collecting money for needy children. At the moment the municipality has not authorised an organisation for any fundraising activities,” Aglandjia Mayor Costas Kortas said. 

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Footballers look for ways to survive crisis

THE POSSIBILITY of team mergers, collective agreements and the dangers that exist for footballers during the current financial meltdown were the main topics at a meeting this week at the Footballer’s Union (PASP).

The meeting on Thursday was between the top brass at PASP and the captains of the first division football teams.

“Under the new circumstances that have emerged it is everyone’s responsibility, both clubs and players, to realise and accept that we must work together to help football itself adapt,” said head of PASP, Spyros Neophytides. 

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UN team on standby in Cyprus to probe Syria chemical arms

A TEAM of UN-led experts is on standby in Cyprus waiting for the go-ahead to investigate allegations of chemical weapons attacks in Syria, but the mission has been held up by diplomatic wrangling over their powers and how to keep them safe.

The team of at least 15 investigators includes analytical chemists, able to collect and test suspected samples, and World Health Organisation experts on the medical effects of exposure to toxins, who could examine alleged victims. For now, the deployment is at an impasse.

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Lillikas resurrects anti-bailout platform

SEEKING TO gather all the angry people who want Cyprus to reject the bailout failed presidential candidate, Giorgos Lillikas, is starting a new movement. 

“Only an alliance of citizens can overthrow the troika’s designs and those of its local representatives,”  Lillikas told supporters in Limassol.

Lillikas’ anti-bailout mandate – that went through a number of guises during his election campaign – failed to win him the elections however where President Nicos Anastasiades’  mandate focused on the need to sign a bailout agreement as soon as possible.

Since then however, the bailout deal as all but destroyed the economy, and Lillikas is taking advantage and resuming his anti-troika stance. 

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Minister says Paphos hospital needs upgrading

THE NEED to upgrade and enlarge Paphos General Hospital was the subject of a meeting between Health Minister Petros Petrides and the Director of the Hospital and clinic managers yesterday.

Speaking after his visit to Paphos General Hospital, the minister said that instead of extending the current building he presented the idea of creating outpatient clinics in the Yeroskipou area. “The decision had been taken a while ago and it would appear it is now time to fulfil that decision,” Petrides said.

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Charity concert to support Paphos needy

FOLLOWING it the footsteps of the successful CyprusAid concert, which accumulated enough food donations to feed 15,000 families for  a month, Paphos municipality is staging a similar event tomorrow.

Around 30 different acts from Cyprus and Greece will entertain crowds and entrance to the event, which organisers hope will attract hundreds is free.

“We are asking that people bring non perishable goods with them which will then be passed out to those in need in Paphos,” said a spokesman for the event.

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Cyprus briefs

 

Work death 

A 76-YEAR-old man was killed yesterday in a work accident after he climbed up a ladder to prune bushes at the Protaras hotel where he worked. 

Damianos Kosta from Liopetra climbed up the metal ladder at around 11am. In circumstances still under investigation, the 76-year-old, who was responsible for general maintenance at the hotel, fell from three metres onto the ground, ending up in the swimming pool filled with water. 

His colleagues got him out of the pool and took him to Famagusta hospital to be treated for brain and chest injuries. Due to the seriousness of his injuries, he was transported to Nicosia general hospital where he died around early evening.  An autopsy will be performed tomorrow. 

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A Cyprus euro exit is not an option

A CYPRUS exit (or a ‘cy-exit’) from the eurozone would be shocking for Cypriots who, post-bailout, have one of the highest debt/GDP in Europe (over 180 per cent). 

For the broader European Union (EU), the economic loss from a cy-exit would be negligible (0.2 per cent of European GDP) compared with the disaster that a Greek exit would have created had it not been bailed out by its EU counterparts. 

However a possible cy-exit would significantly damage the EU, since it would create a clear precedent showing that exiting the euro was ultimately possible. 

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