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State Steps In To Bail Out Laiki Bank

Thu, 17/05/2012 - 20:39 — Sarah Fenwick

laiki bailout

Update: Former banker and Minister of Finance Vassos Shiarly has submitted a bailout bill to the House of Representatives, hoping for approval to recapitalise Laiki Bank which lost 2.5 billion euros last year on its Greek debt holdings.

Israel - Turkish War Planes Dogfight Over Cyprus

Thu, 17/05/2012 - 07:32 — Savvas Hadjigeorgiou

dogfight over cyprus

Turkish media claim that an Israeli war plane violated what they call ‘Turkish Cyprus air space,” on Monday and was blocked  by the Turkish airforce as soon as it was spotted.

Murdered Russian Tourist Named

Fri, 18/05/2012 - 13:03 — Sarah Fenwick

The name of the 45-year-old Russian tourist who was found murdered in Amathounda is Vera Rastokeva, said police.

She was found on May 6th by two tourists who were walking on a hill in the Amathus area in Limassol.

Charged 290 Euros in One Day for Roaming 3G! Opinion

Thu, 17/05/2012 - 16:46 — Sarah Fenwick

Here's a cautionary tale for any smart phone owners travelling abroad using MTN as a provider, it's a true story and I am not the only one to whom it has happened.

Greece's Interim Government Sworn In

Thu, 17/05/2012 - 14:34 — Savvas Hadjigeorgiou

greece interim governmentGreece's interim government was sworn in today in a ceremony officiated by Archbishop Hieronymus, before the President of the Republic Karolos Papoulias and new Prime Minister Panagiotis Pikrammenos.

The new prime minister was sworn-in before the President on Wednesday night. After the inauguration, Mr. Pikrammenos noted that he undertakes a difficult task in a particularly difficult period.

Uncertainty over Mari Explosion Trial

Thu, 17/05/2012 - 13:39 — Sarah Fenwick

mari explosionThere is uncertainty over the course of the trial of eight officials in connection with the deadly explosion at Mari naval base on July 11th, 2011. According to lawyer Christos Triantafyllides, the case may be postponed again because one of the defendants refuses to come back to Cyprus from Athens.

Thought for Today 17.5.12

Thu, 17/05/2012 - 08:54 — Wil de Boer

thought for todayIt’s you who gives value and importance to situations and people in your life. It’s your opinion that makes you choose. It’s only you who can stop making yourself upset, sad or angry. It’s you who choose to be powerful or weak. All is your decision, even when you think that you have no choice, it’s you who made the choice to think in that way!

Supreme Court Hears Arguments for Lifting President's Immunity

Wed, 16/05/2012 - 17:07 — Sarah Fenwick

president christofias immunityThe Supreme Court has heard arguments for and against lifting President Demetris Christofias' immunity against prosecution, after relatives of the 13 men who died in the July 11th explosion filed a motion in the country's highest court.

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