Posts by tag: district

Archives April 16, 2013 posted by

In olden days at least highway men wore masks

IN THE past, highwaymen used to rob the rich but made sure that their faces were covered.  In the case of Cyprus, Germany and the troika, presided over a robbery of billions of euros from private savers in order to save the euro for the umpteenth time.  

The deal offered to Cyprus is in fact a nasty and immoral political act, and the only thing it has achieved, besides bankrupting Cyprus, was to strike fear into the rest of the European countries because it established a precedent.  

After all if European Common Market Nations are willing to save their currency by committing such acts, why not repeat it next time, and for the same reason, in Spain, Italy and Greece? 

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Archives June 14, 2012 posted by

Port workers on strike over tenders

CYPRUS Port Authority (CPA) workers at Limassol and Larnaca ports took part in a two-hour warning strike from 10am to 12pm yesterday in protest over changes to the tender agreements for Larnaca port.

One of the reasons cited for the strike was the loss of revenue for the state by creating competition between the two ports.

Michalis Spyrou, general secretary of ALK, one of the independent unions representing port employees, said the terms of the agreement for the port to be handed over to a private investor and to become predominantly a passenger port, seems to have been modified in such a way that it deprives the CPA of revenue of up to €15 million.

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