Posts by tag: Angela Merkel

Archives March 21, 2013 posted by

Cyprus plays risky geopolitical game

AS IT tries to play Russia off against Europe to salvage its economy, Cyprus has embarked on a high-stakes poker game that could see almost everyone lose.

Its banks shattered by exposure to Greek debt, the island state urgently needs a way of bailing out its financial system.

Cypriot policymakers hope they can begin to monetise as yet undeveloped offshore gas fields and position themselves as a vital source of energy for Europe.

However, such income is still years away and delusions of becoming the Qatar of the eastern Mediterranean in the 2020s may prompt Cyprus to overplay its hand now.

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Archives March 19, 2013 posted by

Some hard-hit expats stand by Cyprus

AFTER the initial shock reaction to the news that a one –off levy on bank deposits in Cyprus may be put in place in order to meet the bailout terms- British ex-pats living in Paphos seemed mostly resigned to the situation yesterday. 

Paphos has the highest number of ex pat residents of any town in Cyprus. Many of them are retirees and have invested in homes and have lump sums deposited in local banks. Others have businesses and children at schools in the area.

Any account- both deposit and current accounts- with credit will be subject to the levy. People with less than €100,000 in Cypriot bank accounts will have to pay a one-time tax of 6.75 per cent, while those with more will have to pay 9.9 per cent.

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Archives February 26, 2013 posted by

British experts to investigate crane accident

AN INVESTIGATION into the 44-metre tall tower crane which fell onto Phinikoudes promenade in stormy weather over four months ago, killing one and injuring three others, will finally begin next month, it transpired yesterday.

Head of the Labour Inspection Department Leandros Nicolaides told the Cyprus Mail that after the department carried out a preliminary investigation into the freak accident, it decided to bring in foreign experts for a closer examination of the reasons for the deadly fall of the 200-tonne tower crane. 

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Archives February 25, 2013 posted by

Polling statement spat much ado about nothing

THERE had to be one last row before the president was elected and the parties put the election campaign behind them. It was sparked by a statement made by Nicos Anastasiades after he had voted in Limassol yesterday morning.

His statement was picked up by the AKEL general secretary Andros Kyprianou, who felt it was a blatant violation of the election law which stipulated that campaigning had to end at midnight on Friday. Attempts at influencing the voters, through statements or advertising, after Friday midnight was a violation of the law.

Kyprianou said he had reported Anastasiades to the Chief Returning Officer, because he “had directed a clear and obvious plea to people to vote for his candidacy which is not allowed by the law.” 

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Archives January 12, 2013 posted by

Our View: Everyone earning above a certain income should pay for healthcare

MANY people remarked about the negligible opposition to the raft of austerity measures that were approved last month after marathon sessions of the legislature. There was a one-hour work stoppage at state schools and a peaceful demonstration by teachers and some protests outside the legislature by disabled people and members of big families who had their benefits cut. The rest of the public sector workers, despite some verbal threats, accepted cuts to pay, pensions and benefits without a protest, showing a remarkable sense of responsibility.

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Archives January 10, 2013 posted by

An insight into Da Vinci

Think of Leonardo Da Vinci and it’s more than likely a plethora of infamous images will spring to mind. Perhaps you’ll remember the smile of the Mona Lisa in his most famous and parodied portrait, or maybe you’ll recall the splendour of The Last Supper in one of the most reproduced religious paintings of all time. Even those who claim to have little affiliation with the art world are bound to know a touch of trivia about his life and works. 

As the January blues set in this month, the Lanitis Centre in Limassol is calling out to crowds to enjoy something a little different, encouraging all to set sights on a whole range of exhibits dedicated to the man so often revered as a genius of the Renaissance era.

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Archives June 27, 2012 posted by

Turkish Cypriot protest

AROUND 350 Turkish Cypriots are due in Brussels today to protest against Cyprus taking over the EU Presidency. 

According to Turkish Cypriot daily Kibris, the protesters are civil society members who will go to Brussels in two planes leased by the authorities of the breakaway regime. There was some confusion in yesterday’s press as to whether the protest would actually take place in Brussels or move to Strasbourg.  

Head of the Social Democracy Party (TDP) Mehmet Cakici was quoted by the paper questioning the reasoning behind the decision to organise a protest now since it’s been known for nine years that Cyprus would take over the EU Presidency.

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Archives March 16, 2012 posted by

Clooney arrested at anti-Sudan protest in Washington

Hollywood movie star George Clooney was arrested at Sudan’s embassy in Washington on Friday during a protest against an escalating emergency as the country blocks humanitarian aid from reaching a volatile border region where hundreds of thousands of people are short of food.

Clooney, his father Nick and other anti-Sudan activists ignored three police warnings to leave the embassy grounds and were led away to a Secret Service van in handcuffs, a Reuters journalist covering the demonstration said.

“We need humanitarian aid to be allowed into the Sudan before it becomes the worst humanitarian crisis in the world,” Clooney told reporters just before his arrest.

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Archives March 2, 2012 posted by

Murray beats Djokovic to reach Dubai final

Andy Murray beat world number one Novak Djokovic 6-2 7-5 in the semi-finals of the Dubai Tennis Championships on Friday.

Djokovic started strongly, holding his opening two service games to love in the duo’s first meeting since the Serb triumphed in an epic five-set semi-final at the Australian Open in January.

But from 2-2, a pumped-up Murray then won seven games in a row to claim the first set and go 3-0 up in the second on a balmy evening in Dubai.

Murray served for the match at 5-3, but the world number four seemed nervous, double-faulting as Djokovic earned two break points.

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Archives February 7, 2012 posted by

Work to 75? Swedish PM pension remarks spark furore

Sweden’s Prime Minister Fredrik Reinfeldt said people should work till they are 75 rather than expect to retire at 65, sparking a furore in a country that prides itself on its cradle-to-grave welfare system.

Reinfeldt heads a centre-right coalition that has so far cautiously cut taxes and some welfare spending without alienating middle class voters proud of their social security.

He made his remarks ahead of a conference this week on jobs for the elderly and women, which will be attended by some European leaders.

“The question is whether an employer will have a different attitude to someone who is 55 if the 55-year-old says, ‘now I am thinking of working for another 20 years’,” Reinfeldt was quoted by daily Dagens Nyheter as saying.

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