Posts by tag: Nicosia

Archives March 28, 2013 posted by

LIVE: Banks reopen in Cyprus


President Nicos Anastasiades thanked the Cypriot people for displaying maturity and a high sense of responsibility at a critical time.

“With its stance, our people proves that not only we want but we also can succeed in getting our country out of the difficult position it is in. Our country’s banking sector will survive and grow,” the president said in a written statement.



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Archives March 17, 2013 posted by

Cyprus left reeling from haircut


THE DECISION to impose an unprecedented all-out haircut on Cypriot deposits was a painful one, but it was the only option to avoid bankruptcy of the state, said President Nicos Anastasiades yesterday.  

The statement was made after Cyprus woke up to a horrific hangover yesterday morning when it transpired after a marathon ten-hour Eurogroup session that a haircut on all bank deposits would be imposed in Cyprus, along with an increase in corporate tax and a doubling of the tax on interest earned from savings.

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Archives February 22, 2013 posted by

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Apartment for rent by owner: 3 bedroom,2 and ½ bathroom super luxury apartment 196s.m all electrical appliances,2 large covered parking’s places in a beautiful residential area at the most convenient location in Nicosia, in Dasouplois area behind Aretaieio Private Hospital. FOR VIEW OR PRICE INFORMATION CALL 99629213

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Archives May 15, 2012 posted by

Christofias bows out


President Demetris Christofias yesterday became the first president in the history of the republic to not to seek a second term when he formally announced he would not stand in the presidential elections next February.

In an address to the public, Christofias cited the lack of progress in finding a solution to the Cyprus problem, which he blamed on Turkey and current Turkish Cypriot leader Dervis Eroglu. He said the failure meant he would stick to his pre-election pledge to stand down if he failed to find a solution to the Cyprus problem.

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Archives April 11, 2012 posted by

Island tensions ‘on the increase’


TURKISH CYPRIOT protesters yesterday charged the breakaway regime with implementing new measures to “torment” and treat like “cattle” those who wish to cross the buffer zone as part of a wider strategy to increase tension on the island and discourage intercommunal activity.

A few dozen protestors gathered north of the Ayios Dhometios checkpoint, surrounded and outnumbered by the regime’s security forces, to demonstrate against the implementation by the Turkish Cypriot authorities of stricter measures making movement in and out of the north increasingly lengthy and difficult.

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Archives March 30, 2012 posted by

Omonia slam FA before APOEL derby

THE Nicosia derby between Omonia and APOEL on Saturday afternoon at the GSP Stadium will be played behind closed doors due to a penalty imposed against Omonia by the Cyprus Football Association after recent crowd trouble following their match with Ethnikos Achnas.

“Our club will play behind closed doors for the third time this season. The similar penalties recently imposed against APOEL and Anorthosis means that at least three games in the playoffs will be played without fans,” an official statement by Omonia said.

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Archives March 28, 2012 posted by

Late strikes sink APOEL hopes


Substitute Kaka sparkled and Karim Benzema scored twice as Real Madrid finally broke down underdogs APOEL in Nicosia last night, winning the Champions League quarter final first leg 3-0.

The Brazil international was introduced in the 63rd minute and set up Benzema for a 74th-minute opener before tucking away fellow sub Marcelo’s excellent cutback eight minutes later.

France striker Benzema’s second gave the scoreline an emphatic look despite a mighty defensive effort by APOEL, whose giant-killing run has accounted for Lyon, Porto and Shakhtar Donetsk but who were outclassed last night.

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Archives March 7, 2012 posted by

Fed up consumers call for end to EAC monopoly

FED UP with hefty bills, consumers yesterday called for an end to the monopoly of semi-state electricity company (EAC) as main opposition DISY said it would table a proposal reducing VAT on household bills to 8.0 per cent.

Opposition MPs said the lost revenue from lowering VAT to household consumers would cost the state around €20 million and not €60 million as government officials had said previously.

However, consumer groups, who have been receiving numerous complaints from people who cannot afford to pay their electricity bills, called for more drastic measures.

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Archives March 4, 2012 posted by

ID card headache for EU nationals

THOUSANDS of European expats could face prosecution because they lack alien registration certificates and are unaware that the government has scrapped their ID cards, it emerged this week.

The discovery was made after one British permanent resident tried to replace her stolen Cyprus ID at a citizens’ service centre (CSC) but was told the card she carried since 2000 and its associated ID number were obsolete.

Instead, the Nicosia CSC officer told her she must return to the immigration office to apply for an alien’s registration certificate (ARC) or ‘yellow slip’ in order to access the services their cards provided.

Last year the Interior Ministry withdrew ID cards for non Cypriots who were not permanent residents, pending the introduction of a new biometric ID card.

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Archives February 19, 2012 posted by

Cutting back to pay the bills


THIS WEEK’S official confirmation that electricity in Cyprus is the most expensive in the EU has caused widespread anger, particularly among consumers for whom electricity has been their only source of heating during an unusually cold, wet winter.

“It just doesn’t make any sense,” says a 33-year-old bachelor. “I simply don’t understand how I’ve ended up paying €400 for a one-bedroom apartment with a standard consumption of electricity,” Emilios Hadjioannou said.

“My bill for the last two months was €700. How are we supposed to pay for that within a month when our wage is only marginally over that?” asked Kyriacos Neoptolemou, a father of two, one of many whose heating system is electric.

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