Posts by tag: technology

Archives February 25, 2012 posted by

Woman robbed in fake taxi

A 40-YEAR-OLD woman is being treated in a Paphos clinic after getting into what she believed was a taxi during the early hours of yesterday.

According to police, the woman was walking along Ikarou Street when a car pulled up next to her with four people already in it and asked her whether she needed a taxi.

Once she got in she realised that it was not really a taxi and asked him to stop and let her out. However as soon as he did, one of his passengers got out of the car and hit her several times in the face. The man also stole her purse.

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Archives February 2, 2012 posted by

Nicosia Hamam closed until May


THE Omerye hamam  in the capital’s old town will be closed until the beginning of May as it is coming under new management, according to Nicosia Municipality.

An official at Nicosia Municipality said that the Hamam is considered a monument and will undergo preservation work before being taken over by a new company, which will still provide the same service.

The Hamam offered massage and spa treatments, including foot reflexology and hot stone massages, among other relaxing treatments.


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Archives February 1, 2012 posted by

Unemployed rate shows high increase to reach 9.3 per cent

UNEMPLOYMENT in Cyprus jumped to 9.3 per cent in December, one of the highest increases registered in the EU, it was announced yesterday.

Commenting on the figures, Labour Minister Sotiroulla Charalambous said 2012 will be a difficult year. “The climate that exists abroad does not leave our economy untouched,” she added.

EDEK said that this figure “put the labour market in a worse state that in 1974”, calling for the implantation of immediate measures to create jobs.

Opposition DISY said the figures showed how little the government has addressed the problems faced by the economy as a whole. Party spokesman Harris Georgiades said now was the time to implement radical measures to improve the situation.

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Archives January 29, 2012 posted by

CY extends pilots’ wage cuts

CYPRUS Airways (CY) management has decided to extend the duration of a 9.0 per cent cut on pilot’s salaries, it emerged yesterday, prompting more protests from the disgruntled aviators.

The pilots’ union PASYPI said they were informed of the “unilateral and arbitrary” decision on Friday.

Pilots have already accused the airline’s current management of being incapable of putting the ailing company back on track.

“The company’s bad financial condition was suggested as the excuse for this unacceptable and provocative action,” PASYPI said in a written statement.

Pilots had agreed to a 9.0 per cent pay cut for 2011, as part of a wider restructuring plan to save the airline.

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Archives January 13, 2012 posted by

Noble hands over raw drilling data

THE GOVERNMENT has received from Noble Energy the raw data from the company’s exploratory drilling in the Block 12 offshore gas prospect, Commerce Minister Praxoulla Antoniadou yesterday said.

The data will be handed over to the advisory team on hydrocarbons, she added. And by the end of the month Noble Energy should be ready to present a detailed analysis of the data, Antoniadou said.

Among other things the data concern the porosity, permeability and conductivity of the bedrock at the site of the prospect, which are relevant regarding the ease of extraction of the natural gas from the bedrock.

Late last month Noble Energy announced the existence of a natural gas reservoir of between five and eight trillion cubic feet (tcf) in Block 12.

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Archives January 12, 2012 posted by

Woman arrested in Belgium in connection with Cyprus dairy scandal

POLICE have arrested one more suspect in connection with the alleged misappropriation of €5 million relating to a programme promoting dairy products to third countries.

The suspect, an Australian woman, was arrested in Belgium on an EU arrest warrant issued by Cyprus.

It follows the arrest in November of two senior officials of the island’s cattle farmers association.

Cypriot police officers have travelled to Brussels to accompany the woman back to Cyprus tonight.

She is expected to appear before a court tomorrow.

Authorities have also located a fourth wanted suspect abroad, but he is also sought by Greece – not immediately known what for — and it has not yet been made possible to bring him to Cyprus.

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Archives December 21, 2011 posted by

Entire state working towards EU presidency


THE ENTIRE state machinery is focused on preparing Cyprus for the Presidency of the EU in July, government spokesman Stefanos Stefanou said yesterday. 

He made the comment after President Demetris Christofias chaired a third meeting at the presidential palace on Cyprus’ preparations for the six-month rotating EU Presidency in the second half of 2012. 

The meeting was attended by cabinet ministers, the government spokesman, undersecretary to the president on EU affairs and other state officials. 

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Archives November 23, 2011 posted by

Germans fear economic crisis has hit Berlin after 'disastrous' bond auction

A “disastrous” German benchmark bonds sale sparked fears today the debt crisis was beginning to threaten even Berlin, with the Bundesbank forced to dig deep into its pockets to ensure the auction did not fail.

In one of the least successful debt sales by Europe’s powerhouse economy since the launch of the single currency, the low returns offered — just 2 percent annually over 10 years — deterred investors made uneasy by the escalating cost of the crisis to Germany.

That meant the central bank had to pick up 39 percent of the 6 billion euros of debt Germany had hoped to sell after commercial banks bought just 3.644 billion euros of the issue.

“It is a complete and utter disaster,” said Marc Ostwald, strategist at Monument Securities in London.

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Archives November 16, 2011 posted by

Technical Committee on Health Matters to mark World Diabetes Day


17:48 GREEK Cypriot and Turkish Cypriot doctors on the UN-supported Technical Committee on Health Matters and on the Cyprus Joint Committee on Health will launch a “Diabetes Awareness” initiative through the distribution of leaflets on diabetes at the Ledra Street/Lokmaci crossing on Friday between 1pm 3pm.

The leaflet, in Greek and Turkish, and English aims to raise awareness in the two communities on diabetes prevention, diagnosis and treatment.  The doctors will encourage awareness and better understanding of the Diabetes epidemic.

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