Posts by tag: checkpoint

Archives April 24, 2013 posted by

Dog days for Cyprob negotiations in Nicosia

THE United Nations (UN) is very sympathetic towards the struggle the Cypriot people now face, UN Special Advisor on Cyprus Alexander Downer said yesterday after a meeting with President Nicos Anastasiades at the Presidential Palace.

Downer said he hopes to announce a dinner between President Anastasiades and Turkish Cypriot leader Dervis Eroglu after his meeting with the latter today. Downer will head to Greece on Thursday to meet Greek Foreign Minister Demetris Avramopoulos before travelling to Turkey on Monday to meet Turkish Foreign Minister Ahmet Davutoglu. “I will go into those meetings well armed,” Downer said. 

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Archives October 4, 2012 posted by

Capital shortfall for banks at €1,855 million

THE EUROPEAN Banking Authority’s final assessment of the capital exercise covering 71 banks showed that the shortfall for the two Cypriot banks, Bank of Cyprus and Cyprus Popular Bank reached €1,885 million.
The shortfall for Bank of Cyprus stands at €730 million, whereas the corresponding figure for Cyprus Popular Bank reached €1,125 million. The shortfall will be covered by the Euro area member-states through the EFSF/ESM, as part of Cyprus’ application for financial support.
Under the EU/IMF programme, an asset quality review of the Cypriot banks will start very shortly, including a stress test exercise, with the aim to determine the eventual capital needs of the banks.

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Archives August 7, 2012 posted by

More people visit Paphos’ tourism website

THE NUMBER of users visiting the official Paphos tourist website has sharply increased according to the regional board of tourism.

They said that according to the latest statistics-in the six month period from January-June there were 100,000 new visitors to www.visitpafos.org.cy and 450,000 page views.

The tourism board added that users looked at 4.5 pages on average and spent about 2.5 minutes on the site.

According to the official analysis of the data collected regarding visitors profiles, the main countries of origin of the users for this period were the UK, Germany, Holland, Italy, Sweden, Norway, Poland, Lebanon and Cyprus. The most popular days for browsing were Monday, Friday, Saturday and Sunday.

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Archives April 12, 2012 posted by

Our View: Study on the cost of running CyBC was a real eyeopener

AFTER the big fuss made by CyBC employees, over the few days’ delay in the payment of their salary, DISY deputy leader Averof Neophytou, released a study comparing the operation costs of the state broadcaster and those of private stations. The study compared figures for 2010 – last year’s data is not yet available – and highlighted the huge gulf in operating costs between public and private broadcasting.

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