Daily Archives: April 25, 2013

Archives April 25, 2013 posted by

Dear Attorney General,

Can you please tell me what information you require to cancel a speeding ticket my wife received yesterday as this is not a criminal offence and my wife is someone’s child.

Best regards

Aglangiotis

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Archives April 25, 2013 posted by

Everyone is someone else’s child

‘AG PARDONS ALL DRUNK DRIVERS’  You missed the chance of writing this striking headline. His comments, as you reported them on Wednesday April 10, show he “suspended prosecution” of his son and that “he would have done the same for someone else’s child”. Perhaps the Attorney General hasn’t realised that everyone is someone else’s child. Therefore every drunk driver may expect the same irresponsibly lethal (to other drivers, walkers, cyclists, mothers pushing prams etc.) leniency. 

David Guest, Nicosia 

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Archives April 25, 2013 posted by

Rent freeze does not go far enough

I refer to your article ‘Rents frozen for two years published on Thursday April 11.

I am amazed that the DISY government cannot see the logic of cutting rents by 50 per cent as recommended by the shopkeepers association to encourage more shops to remain in operation, reduce unemployment and keep the economy ticking over- at least for the next 3-4 years of this crisis. Even AKEL recommended a 25 per cent reduction.

‘It is next to useless to merely freeze shop rents for the next two years. This freeze is already accepted by landlords and shopkeepers because of the serious crisis in the economy that we are all experiencing. This will do nothing to fill the thousands of empty shops littering all our high streets. 

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Archives April 25, 2013 posted by

Thatcher quip

Margaret Thatcher may not be renowned for her sense of humour but this seems to be an apt time to mention a quote attributed to her that I’ve been holding onto for more than twenty years. When asked when she was going to give the sovereign base territories back to Cyprus she replied “When you give us back North London”.   

From Robert Brew, Protaras 

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Archives April 25, 2013 posted by

Capital controls violate your EU rights

The current capital controls put in place in Cyprus violate the EU laws regarding the freedom that EU citizens are allowed – The free movement of goods and capital as well as services and persons.  This is violated as the free movement of capital is prevented by the controls in place.

So it therefore violates the free movement of persons as well as your human rights subject to capital controls. If you cannot sell your house and use the money to purchase a house abroad for instance in another EU country then movement across borders of EU countries is restricted.

If you can’t take money out of Cyprus, then your ability to travel and live wherever you want in the EU is restricted because of these controls.

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Archives April 25, 2013 posted by

Death threats should not be dismissed

The assassination threats against those responsible for Cyprus’ economic woes should not be dismissed  but be taken very seriously by both, authorities and citizens alike. Under no circumstance should private citizens be encouraged or allowed to take the law in their own hands. For, even if is proven that our economic  and political authorities operated by the principles of a “Banana Republic” instead of the rule of law, acting  against the better interest of the people, we must ensure that our judiciary system is sound and able to carry  out its responsibilities to the electorate. 

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Archives April 25, 2013 posted by

JOB

Freemontgroup.com is seeking a Company Administrator with relevant background to join our corporate services team in Dubai. Email [email protected] for more information. Interviewing will take place in our Limassol office.”

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Archives April 25, 2013 posted by

‘Interim IPT bill to satisfy troika’

 

YEARS of omissions and delays have forced the government to submit provisional immovable property tax legislation (IPT) in a bid to meet immediate bailout conditions, but which will have to be amended by the end of June to make it fairer, spokesman Christos Stylianides said yesterday.

The spokesman said authorities lacked sufficient data to prepare a comprehensive proposal but at the same time the bill had to be approved in the next few days for Cyprus to be eligible for the much-needed first tranche of a €10 billion bailout at the beginning of May. 

“Unfortunately, past omissions and shortcomings have resulted in insufficient data,” Stylianides said, adding that the government could not accept the current distortions in the system.

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Archives April 25, 2013 posted by

Our View: It’s time children were taught to take responsibility for their actions

 

IT WAS inevitable that the police who tried to restore order, at 5am on Monday morning, when faced with some 60 reportedly drunk and disorderly teenagers, would be accused of using excessive force. Yesterday morning, on a radio show, an outraged representative of the parents’ association of the teenagers’ school accused the police of exactly that, avoiding mentioning, however, what he would have considered adequate force.

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Archives April 25, 2013 posted by

CBC: urgent need for rate reduction

THE CENTRAL Bank (CBC) is trying to create conditions under which banks could reduce their interest rates on deposits, which could eventually lead to a cut in borrowing rates, the regulator said yesterday.

“The CBC recognises that under the current circumstances … there is an urgent need for a reduction in deposit rates, which in turn will lead to lower borrowing rates,” CBC spokeswoman Aliki Stylianou said.

The CBC has proposed that a lender would have to keep additional equity when its rate on deposits exceeds Euribor (Euro Interbank Offered Rate) plus 300 basis points.

Stylianou said banks pass the cost of high deposit rates onto borrowing rates with negative effects.

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