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Popular Bank Deposit Haircut Nets 3.5 Bln Euros

Mon, 20/05/2013 - 11:26 — Sarah Fenwick

laiki haircut

The dramatic 37.5% haircut on deposits over 100,000 euros in the Popular Bank has netted the government and Central Bank 3.5 billion euros. The funds are destined to recapitalise the banking sector, according to information from the Central Bank.

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Thu, 28/03/2013 - 08:49 — Editors

You are more powerful than you think!   CyprusNewsReport.com is the first news community, giving everyone a direct voice in the media. Open your account today to access your own Blog, Forum, and make comments on news stories. Click here for membership!

Mary's Dinner Club - 100th Dinner

Mon, 20/05/2013 - 12:15 — Mary Anglberger

marys dinner clubAnd yet again… a fantastic, literally ‘event-full’ weekend: herbs, a private party, a 100 celebration, Indian music… all in three days!

We started on Friday with a balcony herb growing workshop with Miranda Tringis from Cyherbia Herb Gardens whom I call the ‘herb fairy’- she is so knowledgeable and in love with all things plant. The actual beginning of her demonstration/talk was slightly delayed because we just could not stop asking her questions about our little gardening woes. And she did have an answer for every single one - she’s a walking encyclopedia really, when it comes to plants and I had been looking really forward to this event.

The herbs in my balcony’s herb corner served as models and we were all excited to find out so many little tips and tricks on how to keep them growing and healthy. The second part was spent planting our own lemon verbena into little pots the ‘proper way’. My large balcony table provided the ideal working area and we had great fun getting our hands in dirty!

Thought for Today - What is your inspiration today?

Mon, 20/05/2013 - 10:03 — Wil de Boer

What is your inspiration for today. Are you looking forward to perform to your fullest potential, can’t you wait to get started?

Eurovision Nightmare

Sun, 19/05/2013 - 01:30 — NJK

Every year I say I won't watch it. Every year I say that was the last time. And yet I find myself again in front of the TV, while the Eurovision pierces my ears and makes me cringe. But I still watch... hoping that maybe this year it will be better.

The first meeting of International Women In Business, in Cyprus!

Fri, 17/05/2013 - 13:33 — IWIB

LET’S MEET, GREET & GET MOTIVATED
June 2nd, 10 a.m.-12 noon, Cleopatra Hotel, Nicosia

Russian Warships Dock in Limassol Port

Fri, 17/05/2013 - 07:03 — Sarah Fenwick

admiral pantelyevThree Russian warships, including the destroyer Admiral Panteleyev, have docked in Limassol port to defend Russia's interests in the region, said Defence Minister Sergei Shoygou.

The ships will leave next Wednesday, May 22nd.

A number of geostrategic military, political and economic factors are tied in with Russia's naval presence in the Eastern Mediterranean. At the same time that Russia sends part of its fleet here, US President Obama met yesterday with Turkish Prime Minister Recep Tayyip Erdogan, who said he was satisfied with a new era of relations with the US and that now more than ever before, there was a good opportunity to solve the Cyprus problem.

The Picture that Speaks for Itself - Vasiliko Power Plant Polluting Atmosphere

Wed, 15/05/2013 - 14:15 — Sarah Fenwick

This picture is of the Vasiliko power station, recently fixed after the explosion in 2011.

As anyone with a pair of eyes can see, there is heavy polluting smoke streaming into the atmosphere.

Since we are now in the year 2013, when the polluting effects of oil-based fuel are well known, it must be apparent to all except those with vested interests that this plant is harmful to the environment.

So when will we see some real results from all the talk about using natural gas? And when will the Electricity Authority of Cyprus join the 21st century and start offering solar energy sourced electricity to the communities it serves?

All good questions. All unanswered. And believe me, I've tried to get answers.

It is this writer's opinion that it is high time things changed for the better - for the health of the community and the environment. Anything less means that the authorities are refusing to do anything about the obvious problem here.

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