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FBME Clients Stranded Financially After Central Bank Wind Down

Federal Bank of the Middle East (FBME) clients are financially stranded after the Central Bank wound down the Cyprus operation on the basis that it was protecting the banking sector, according to CyprusNewsReport.com sources.

Former Minister Loses Mother in Car Accident

praxoula antoniadou mother deathFormer minister of commerce Praxoula Antoniadou has lost her 81-year-old mother in a fatal road accident in Limassol, said police.

The accident happened on August 18th, when Semele Antoniades was crossing Leontiou A road, and was hit by a car driven by a 43-year-old man from Limassol.

The victim had head injuries and multiple fractures from the impact, and did not survive her injuries.

The driver has been arrested, and had no traces of alcohol, according to authorities.

Police Investigate Ayia Napa Drowning Death

The owners of an Ayia Napa hotel apartment complex have been arrested on suspicion of negligence after the drowning death of 18-year-old Savaki Georgiou in their swimming pool.

One Hundred Tons of Aid Dropped To Refugees in Sinjar Mountains - UK Min. Def

islamic stateDuring his brief visit to President Nicos Anastasiades in Troodos this week, UK Defence Minister Michael Fallon said that the British Bases in Cyprus have been used to airdrop 100 tons of aid to refugees trapped in the Sinjar mountains, who are fleeing Islamic State of Iraq and Syria (ISIS) terrorists in northern Iraq.

July Deflation Slows to minus 0.6% vs -1.2% in June

Deflation slowed to minus 0.6 percent in July, compared to minus 1.2 percent in June, said the Cyprus Statistical Service.

Prices fell by 0.86 percent due to summer sales. There was an increase in certain vegetable prices, electricity and petrol products, according to the survey.

For the first seven months of the year, deflation was the main trend, showing a decrease of 1.8 percent in prices compared to the same period in 2013, said CySTAT.

Russia EU Food Ban Hits Cyprus

Cyprus is being hit by Russia's EU food import ban, which covers 52 categories of goods, said government spokesman Nicos Christodoulides.

The affected products include citrus fruit, fish, vegetables, Halloumi cheese, and fruit. The total amount is 13.5 million euros, said the spokesman.

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Mary's Dinner Club Stories - All About Dinner Clubs

mary dinner clubWith Mary’s Dinner Clubs having moved to a ‘new playground’ - Art Bistro Agora www.artbistroagora.com in the center of Limassol - there has been lots of new interest, yes, curiosity even, about dinner clubs by those who ‘have been hearing about them’.

Dinner Clubs - or Supper Clubs - are also known as "pop-up" restaurants or "underground dining", and are essentially part-time restaurants, that are often held in people's homes or other, sometimes temporary, venues that are not normally used as a restaurant. Because of the usually relatively low number of participants, dinner clubs create a more intimate atmosphere and are great for meeting new people.

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