Posts by tag: Omonia

Archives April 14, 2013 posted by

The signs were there, we just didn’t see them

 

Cyprus has been making international headlines for all the wrong reasons, courtesy of the eurozone’s shock treatment: a raid on bank savings and an almost-overnight dramatic dip in GDP. The one-two punch – first the haircut on deposits proposed at the March 16 Eurogroup, followed by the decision to wind down Laiki Bank- left the nation reeling. Islanders still numb from the blow asked: “What the heck just happened?” Where did the bail-in, or deposits haircut, come from? And is the tiny island being used as a guinea pig? Yet for all the disbelief, we should probably have seen it coming. What took place here was neither improvised nor exceptional.

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Archives March 18, 2013 posted by

ATMs working normally, says central bank

 

ATMs are working as normal and the public can use them, a statement from the Central Bank said yesterday.

Spokesperson for the Central Bank, Aliki Stylianou said that ATMs were refilled on Monday morning and that any problems that occurred were due to the fact that banks do not operate on the weekend adding that bank employees refilled them yesterday. 

Cash machines were emptied on Saturday by members of the public who panicked at the news in the morning that there was to be a haircut on deposits. 

 

 

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Archives March 7, 2013 posted by

Juncker: Cyprus should be treated with care

FORMER Eurogroup president and Prime Minister of Luxembourg Jean-Claude Juncker has said that Cyprus’ financial problems should be addressed with the same care demonstrated in the case of Greece, Ireland and Portugal and expressed the view that a decision on Cyprus must be taken soon.

Juncker considers the case of Cyprus as a systemic one.

In an interview with the international press agency Agence Europe, published in Brussels, former Eurogroup president noted that “if a country like Cyprus, as small as it is, faces unresolved problems, then these problems should be addressed with the same care the Greek, Irish and Portuguese problems were addressed”.

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Archives January 21, 2013 posted by

Australian Open doubles campaign ends for Baghdatis

Marcos Baghdatis and Bulgarian Grigor Dimitrov failed to make it to the quarterfinals of the Australian Open doubles, losing to Colombian tandem Sebastian Cabal and Robert Farah 7-6(6), 7-6(5) in the third round on Monday.

Baghdatis and Dimitrov fought bravely against the Colombians as neither duo faced a break point on serve in the match. 

However, it was Cabal and Farah who eventually squeaked by in both tie-breaks to advance in one hour and 41 minutes.

This was only the fourth time that Baghdatis had played Grand Slam doubles and it is his best result so far.

He is now off to PBZ Zagreb Indoors in Croatia where he won his only career doubles title last season, alongside Russian Mikhail Youzhny. 

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Archives October 23, 2012 posted by

Lucky escape for registrar officials

 

MONDAY MORNINGS can be pretty depressing for a lot of the workforce but for employees at the Registrar of Companies going to work yesterday, the sky literally nearly fell on their heads.  

Workers turned up to the registrar in a seven-floor building on Makarios Avenue in Nicosia yesterday morning to discover that the false ceiling in one office on the fifth floor had collapsed. 

Head of the Registrar of Companies and Official Receiver Spyros Kokkinos told the Cyprus Mail that it was “lucky” the false ceiling fell at the weekend and not on a week day. 

No injuries were reported as the four employees normally working in that office were not there. 

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Archives September 24, 2012 posted by

Baghdatis pulls out of Malaysian Open

Marcos Baghdatis has pulled out of the ATP World Tour 250 Malaysian Open, alongside American Sam Querrey and Tommy Haas of Germany among others.

“It happens all the time, at least three to five players will pull out from a tournament at the last minute. We are lucky in a way that we did not lose our marquee players,” said the tournament director Nick Freyer.

“Baghdatis wanted some time off after getting married recently, while Querrey still has some problems with his shoulder injury,” Freyer added.

The Limassol native spent the last few weeks in Croatia where he was aiming to strengthen his abdominal and lower back muscles in order to avoid any future back injury woes this season.  

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Archives September 2, 2012 posted by

Scottish Freemasons Lodge

There are many Freemasons living in Cyprus of Scottish origin, however there is not a Scottish lodge in the country and many Scottish Freemasons may not be involved in any Masonic activities for this reason.

In order to assess what interests there may be in investigating the possibility of establishing a Lodge under the Grand Lodge of Scotland in Cyprus, I would ask any Freemasons who may be interested to contact me on my mobile 97 613998.

Alex Strange, Paphos 

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Archives August 29, 2012 posted by

Greek deputy minister in town

 

GREEK Deputy Foreign Minister Konstantinos Tsiaras is in Cyprus to address the four-day conference of the Central Councils of the World Federation for Overseas Cypriots (POMAK) and of the International Coordinating Committee Justice for Cyprus (PSEKA), which began yesterday afternoon.

Tsiaras, who departs from the island tomorrow, will also hold meetings with the political leadership and the Archbishop.

He last night attended a reception by Foreign Minister Erato Kozakou Marcoullis, while he earlier met opposition DISY leader Nicos Anastasiades and the Chairman of the House Education Committee, Nicos Tornaritis.

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