Posts by tag: PEO

Archives April 26, 2013 posted by

Legal obstacle to Galanos appointment to BoC

PLANS to appoint former House president Alexis Galanos interim chairman of the Bank of Cyprus (BoC) have hit a legal obstacle as such a move would be incompatible with him also being the mayor of Famagusta and chairman of the union of municipalities.

The government wants an interim board appointed as soon as possible, to oversee the stricken lender’s restructuring following a Eurogroup decision to impose hefty losses on its uninsured depositors.

Galanos agreed to take over the post but reports said a legal ruling stated it would be in conflict with him being a mayor and the head of the union of municipalities.

Reports suggested the matter was discussed in a one-hour meeting between President Nicos Anastasiades and Central Bank Governor Panicos Demetriades.

Read More
Archives February 14, 2013 posted by

Big savings by using LED street lights

A NUMBER of local authorities hope to cut their energy consumption by half as part of a pilot scheme to convert their street lighting systems to more energy efficient LEDs, stakeholders said yesterday.

Some 63,000 street lights across sixteen municipalities may be replaced with LED fixtures by 2014, as part of 16 municipalities’ commitment to promote renewable energy sources, reduce energy consumption and encourage green energy, a news release by the Cyprus Energy Agency said yesterday.

Read More
Archives February 8, 2013 posted by

Paphos builders say their resolve remains strong

DAYS after violent scenes outside a building site in Paphos, striking construction workers were still defiant yesterday.

Three people were arrested during the incident which took place at a holiday apartment complex under construction on Posidonos Avenue.

Union representatives at the site told the Cyprus Mail yesterday that they would remain there as long as necessary.

Mayia Pozidou, a union representative for SEK, and PEO representative Andreas Antoniou said none of the strikers had laid a finger on police who had used unnecessary force during the incident.

Antoniou said: “You could see the situation for yourself on the television. About 50 workers, tried to enter the site and the police intervened”.

Read More
Archives February 8, 2013 posted by

Raising awareness on side effects of meds

LONG-TERM users of medication may at some point suffer from side effects, big or small, but a little known scheme that has been running for years allows patients and doctors to report side effects that are later disseminated in EU and world bodies, stakeholders said yesterday.

Patients or doctors can submit a confidential report online via pharmaceutical services on (click on the yellow card banner) in either Greek or English to report what medication they take, what reactions they believe the drugs are having, and their medical history and background. 

Three bodies issued a news release yesterday to raise awareness: the Thalassaemia international federation, the Cyprus alliance for rare disorders and the Pancyprian thalassaemia association.

Read More
Archives January 31, 2013 posted by

Reprinting of ballots begins

REPRINTING 575,000 ballot papers began yesterday after the original batch was scrapped as they depicted the alleged unauthorised use of the Guinness World Records logo by one of the candidates. 

The reprint will cost the state roughly €40,000, and the electoral services are looking into the issue of legal culpability on the part of presidential candidate Andreas Efstratiou.

Efstratiou used the Guinness World Records logo on four previous election ballot papers, and claims that as a world record holder, he has express permission to use it wherever he pleases. 

Read More
Archives January 29, 2013 posted by

Cyprus aims to be LNG hub

ARCHBISHOP Chrysostomos II has no objection to a Cyprus gas pipeline passing through Turkey provided that serves Cyprus’ national interests.

“We want to maintain good relations with all nations including Turkey,” the prelate said over the weekend.

If such a project benefited the island both financially and politically, then the Church had no reason to oppose it, the top cleric said.

Chrysostomos was speaking after comments made by presidential candidate Nicos Anastasiades who appeared to support the notion.

Earlier in the weekend, government spokesman Stefanos Stefanou said the transfer of Cyprus’ natural gas through Turkey was not feasible unless the Cyprus problem is solved first.

Read More
Archives January 25, 2013 posted by

Contract signed for Larnaca hospital

COMMUNICATIONS minister Efthymios Flourentzos yesterday signed a €20m contract for the expansion of Larnaca general hospital using the design-build-maintain method. 

According to Flourentzos, the contract worth €20m plus VAT provides that the contractor must design and construct a new four-floor building in the hospital grounds within the next three years, which will have the capacity to have another four floors added on in the future. The contractor also has to provide maintenance for the first 12 years of the building. 

The new building will have two underground floors and two over ground, and will be constructed on the site where the hospital canteen currently stands near the entrance to the complex.

Read More
Archives December 13, 2012 posted by

No longer ‘traitors’ to the EOKA cause

IN A landmark decision yesterday, the cabinet restored the reputations of 19 people wrongfully labelled ‘traitors’ who were murdered between 1956 and 1958 during the EOKA insurgency against British rule.

“Making a reality an electoral promise of the President of the Republic, Demetris Christofias, the  cabinet decided today to restore those wrongfully murdered between 1956 and 1958,” government spokesman Stefanos Stefanou said. 

Seventeen men and two women were murdered on the pretext of being traitors to the EOKA insurgency, most of them guilty only of being politically aligned with left-wing party AKEL.

Read More
Archives December 8, 2012 posted by

Tourism revenue up

REVENUE from tourism recorded an increase of 22.9 per cent in September 2012, compared with September 2011, according to the Statistical Service.
It said revenue from tourism reached €289.9 million in September 2012 compared with €235.8 million in September 2011.
For the period January-September 2012, revenue from tourism was €1.6 billion compared with €1.5 billion in the same period last year, an increase of 10.8 per cent.
The Cyprus Tourism Organisation (CTO) expressed its satisfaction with the results. It said , it was important that expenditure per visitor had increased by 17 per cent.

Read More
Archives December 7, 2012 posted by

Orphanides: Christofias making false statement

THE FORMER Central Bank governor yesterday rejected suggestions that he did not stop a bank deal, which President Demetris Christofias said had cost the island some €4 billion.
In his public address on Tuesday, Christofias said Athanasios Orphanides had approved the conversion of Marfin Egnatia bank from a subsidiary of Popular Bank in Greece to a branch, thus making Cyprus responsible for covering any capital needs it may have.
The former top banker said the lender’s status would not have made a difference – the parent company would have to foot the bill anyway.
“Deliberate or not – I am not in a position to know – the president’s statement is false both as regards the issue of approving the merger and the merger’s effects,” Orphanides said in a written statement.

Read More

Archives Calendar

December 2019
« Jun    

Archives List